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4.2

based on 756 Reviews

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Schaeffler India Tool Design Engineer salaries in India

Annual salary range
2 - 10 years exp.
₹2 Lakhs - ₹6.1 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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At par with the average Tool Design Engineer Salary in Auto Components Companies for 2 - 10 years of experience

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Last Updated: 27 Feb 2024

Companies similar to Schaeffler India for Tool Design Engineer

Company name Avg Annual Salary Open Jobs
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₹4.7 L/yr - ₹11.8 L/yr

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₹2 L/yr - ₹4.5 L/yr

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Faurecia Tool Design Engineer Salary

1 - 3 years exp. (5 salaries)

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₹3.7 L/yr - ₹4.7 L/yr

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₹2.4 L/yr - ₹3 L/yr

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₹1.9 L/yr - ₹2.6 L/yr

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Tool Design Engineer salary at Schaeffler India ranges between ₹2 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Tool Design Engineer

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5 years exp.
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Experience wise Schaeffler India Tool Design Engineer salaries

Last Updated: 27 Feb 2024

Experience Avg Annual Salary
2 years  (3 salaries)

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₹2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
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₹2 L/yr - ₹3.8 L/yr

Top skills at Schaeffler India for Tool Design Engineer

Design Engineering Tool Design Customer Complaints Problem Solving Die Making Drafting Windchill MIS Reporting Plastic Injection Molding Support Services Pro - E

Salary related reviews for Schaeffler India

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

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

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

Research & Development Department

3.0
  •  posted on 31 Oct 2020

3.0
 for  Salary and Benefits

Likes

Company is fully personal relationship oriented. During Covid-19 there was pay cut through pain sharing method (personal leave deducted) and work from home option was given for possible employees. HR decision were taken from central HR team. Apprisal for the previous year was cut and can't expect for this year also.

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Dislikes

Company culture would have been more process oriented and not person dependent. Trying to be flexible to customer demand Skipping the development process and squeezing the Internal team is Not good and it largely affects the work life balance and employees relationship.

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

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

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

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
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Schaeffler India Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Schaeffler India?
Tool Design Engineer salary at Schaeffler India in India ranges between ₹2.0 Lakhs to ₹6.1 Lakhs for experience between 2 years to 10 years. According to our estimates it is 4% more than the average Tool Design Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Schaeffler India India.
How does the salary of a Tool Design Engineer at Schaeffler India India compare with the average salary range for this job?
The average salary of a Tool Design Engineer at Schaeffler India is 4% more than the average salary of a Tool Design Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Tool Design Engineer at Schaeffler India?
Design Engineering, Tool Design, Customer Complaints, Problem Solving and Die Making are some of the popular skills required to work as a Tool Design Engineer at Schaeffler India India.
Which similar companies are paying more than Schaeffler India to a Tool Design Engineer in India?
  • Eaton Corporation Tool Design Engineer Salary - ₹4.7 Lakhs to ₹11.8 Lakhs per year
What is the salary of a Tool Design Engineer in companies similar to Schaeffler India in India?
  • Faurecia Tool Design Engineer Salary - ₹3.7 Lakhs to ₹4.7 Lakhs per year
  • Samvardhana Motherson Group Tool Design Engineer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • L.G.Balakrishnan & Bros Tool Design Engineer Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
  • TVS Sundram Fasteners Tool Design Engineer Salary - ₹1.9 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Tool Design Engineer at Schaeffler India in India?
The estimated take-home salary of a Tool Design Engineer at Schaeffler India ranges between ₹31,560 per month to ₹32,851 per month in India. The take-home salary calculation is based on the average Schaeffler India Tool Design Engineer salary in India which ranges between ₹2.0 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Tool Design Engineer at Schaeffler India?
According to AmbitionBox, 67% of the Schaeffler India Tool Design Engineers reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Schaeffler India Tool Design Engineer salary in India ranges between ₹2 Lakhs to ₹6.1 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.