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Schaeffler India Tool & DIE Maker salaries in India

Annual salary range
0 - 13 years exp.
₹2.2 Lakhs - ₹8.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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99% more than the average Tool & DIE Maker Salary in Auto Components Companies for 0 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool & DIE Maker Salary
0 - 2 years exp. (3 salaries)
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₹2.2 L/yr - ₹3.4 L/yr

Research & Development
Tool & DIE Maker Salary
12 - 13 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9.8 L/yr

Last Updated: 10 Oct 2024

Companies similar to Schaeffler India for Tool & DIE Maker

Company name Avg Annual Salary Open Jobs
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Magna International Tool & DIE Maker Salary

0 - 7 years exp. (12 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 50% less
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Sundaram Clayton Tool & DIE Maker Salary

0 - 14 years exp. (9 salaries)

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₹1.5 L/yr - ₹7 L/yr

arrow icon 38% less
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Prabha Industries Tool & DIE Maker Salary

0 - 7 years exp. (24 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 45% less
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Mahindra & Mahindra Tool & DIE Maker Salary

0 - 7 years exp. (24 salaries)

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₹2 L/yr - ₹4.2 L/yr

arrow icon 48% less
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INDO-MIM Tool & DIE Maker Salary

0 - 5 years exp. (24 salaries)

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₹1.1 L/yr - ₹5 L/yr

arrow icon 55% less
Tool & DIE Maker salary at Schaeffler India ranges between ₹2.2 Lakhs to ₹8.9 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Tool & DIE Maker

3mo ago
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2 years exp.
6mo ago
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1 year exp.
1y ago
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13 years exp.
1y ago
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12 years exp.

Experience wise Schaeffler India Tool & DIE Maker salaries

Last Updated: 10 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
View all

Similar Designation salaries in Schaeffler India

Tool Maker Salary
(7 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Tool Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹2 L/yr - ₹5.65 L/yr
Tool Room Trainee Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Tool Room Incharge Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
Senior Engineer Salary
(33 salaries)
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₹4.5 L/yr - ₹19.38 L/yr
Tool Room Supervisor Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Tool Room Executive Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
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₹1.5 L/yr - ₹5.5 L/yr

Salary related reviews for Schaeffler India

3.4

Rated by 2 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

Technical Exposure is good here . Good Training provided to new joiners . Salary is competitive wrt teir 1 automotive companies.

read more
  • Salary - Good
  • +4 more

Dislikes

Management is never in the favour of WFH . Some employees are hired at good positions , although they don`t seem to deserve it . HR department is useless , un-responsive and careless .

read more

Full Time

 · 

Project & Program Management Department

3.0
  •  posted on 28 May 2019

2.0
 for  Salary and Benefits

Likes

Technology wise the products are superior, they are the best in transmission applications design. The people are very supportive. Work culture is far better than many companies. Scope for short term onsite opportunites exist for new product trainngs. R&D is attached to plant.

read more
  • Skill development - Good
  • +3 more

Dislikes

...have to served on onsite training is too much. 3 months training / 3 years bond. Low compensation. Negativeness spreaded among the people. Recognition is long for your work.

read more
  • Salary - Poor

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 12 Apr 2022

5.0
 for  Salary and Benefits

Likes

...anagment is transperant.there is a huge creteria and gaming arcade for chilling.company policies are good ,appraisals are fair and they give good salary like and bonous very year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of polities and the managment doesn't address our issues.Salary is decent but career growth is low.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 23 Oct 2024

5.0
 for  Salary and Benefits

Likes

Only salary and benefits are good

  • Salary - Excellent
  • +1 more

Dislikes

Hopeless working culture. People having 15+ yrs of experience with 0 knowledge. And have Ego on the 7th floor. Diploma holders became manager by favouritism and do micro management. No planning only fire fighting. These all things are only applicable for Savli plant. In general schaeffler is Excellent organisation.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Quality Assurance Department

2.0
  •  posted on 16 Oct 2024

3.0
 for  Salary and Benefits

Likes

Salary and job security is good

  • Job security - Good

Dislikes

Poor culture. Politics runs throughout the structure, no inclusivity for people from outside. Most of people managers would not let others go ahead. The culture is built so that the company and people are the last priority.

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Schaeffler India Tool & DIE Maker Salary FAQs

What is the salary of Tool & DIE Maker at Schaeffler India ?
The average salary of a Tool & DIE Maker at Schaeffler India in India typically ranges from ₹2.2 Lakhs to ₹8.9 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Tool & DIE Maker at Schaeffler India earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹8.9 Lakhs per year. Tool & DIE Maker Salaries at Schaeffler India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Schaeffler India employees in India.
What is the estimated take home salary of a Tool & DIE Maker at Schaeffler India in India?
The estimated take-home salary of a Tool & DIE Maker at Schaeffler India in India typically ranges from ₹42,482 to ₹43,610 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from Fresher to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Schaeffler India. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Tool & DIE Maker in companies similar to Schaeffler India in India?
The salary of a Tool & DIE Maker at companies similar to Schaeffler India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Clayton ₹1.5 Lakhs to ₹7.0 Lakhs per year
Prabha Industries ₹2.0 Lakhs to ₹5.0 Lakhs per year
Mahindra & Mahindra ₹2.0 Lakhs to ₹4.2 Lakhs per year
Magna International ₹1.0 Lakhs to ₹5.0 Lakhs per year
INDO-MIM ₹1.1 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Tool & DIE Maker at Schaeffler India in India?
The salary growth for a Tool & DIE Maker at Schaeffler India depends on factors such as experience, performance, and promotions. On average, a Tool & DIE Maker can expect the following growth trajectory at Schaeffler India:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹2.2 Lakhs per year
1 year ₹2.6 Lakhs to ₹4.7 Lakhs per year
2 years ₹1.3 Lakhs to ₹3.4 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
and so on.

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Schaeffler India Tool & DIE Maker salary in India ranges between ₹2.2 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Schaeffler India latest salaries received from various employees of Schaeffler India.