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Schaeffler India Tool Maker salaries in India

Annual salary range
2 - 6 years exp.
₹1.8 Lakh - ₹2.5 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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52% less than the average Tool Maker Salary in Auto Components Companies for 2 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Maker Salary
2 - 6 years exp. (4 salaries)
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₹1.9 L/yr - ₹2.4 L/yr

Quality Assurance
Tool Maker Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 13 Sep 2024

Companies similar to Schaeffler India for Tool Maker

Company name Avg Annual Salary Open Jobs
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L.G.Balakrishnan & Bros Tool Maker Salary

0 - 4 years exp. (16 salaries)

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₹1.2 L/yr - ₹3.5 L/yr

arrow icon 2% less
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Magna International Tool Maker Salary

3 - 7 years exp. (9 salaries)

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₹2.4 L/yr - ₹4.2 L/yr

arrow icon 50% more
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JBM Group Tool Maker Salary

1 - 6 years exp. (7 salaries)

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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 29% more
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Micro Plastics Tool Maker Salary

2 - 8 years exp. (44 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 77% more
1 job opening
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INTERPLEX Tool Maker Salary

0 - 7 years exp. (38 salaries)

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₹1.1 L/yr - ₹7.2 L/yr

arrow icon 34% more
Tool Maker salary at Schaeffler India ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Tool Maker

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Experience wise Schaeffler India Tool Maker salaries

Last Updated: 13 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.4 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.8 L/yr

Similar Designation salaries in Schaeffler India

Tool Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
unlock blur
₹2.16 L/yr - ₹8.9 L/yr
Operator Salary
(38 salaries)
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₹1.55 L/yr - ₹4.5 L/yr
Trainee Salary
(104 salaries)
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₹1.2 L/yr - ₹3.25 L/yr
Supervisor Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Technician Salary
(41 salaries)
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₹1.6 L/yr - ₹9.45 L/yr
Tool Room Trainee Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
VMC Operator Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
Senior Engineer Salary
(32 salaries)
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₹9.65 L/yr - ₹21.08 L/yr
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₹2 L/yr - ₹5.65 L/yr

Salary related reviews for Schaeffler India

2.5

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 Maker Salary FAQs

What is the salary of Tool Maker at Schaeffler India?
Tool Maker salary at Schaeffler India in India ranges between ₹1.8 Lakhs to ₹2.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 52% less than the average Tool Maker Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Schaeffler India India.
How does the salary of a Tool Maker at Schaeffler India India compare with the average salary range for this job?
The average salary of a Tool Maker at Schaeffler India is 52% less than the average salary of a Tool Maker in India. To know exact salary insights, login to view.
Which similar companies are paying more than Schaeffler India to a Tool Maker in India?
  • Micro Plastics Tool Maker Salary - ₹2.0 Lakhs to ₹4.8 Lakhs per year
  • Magna International Tool Maker Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
  • INTERPLEX Tool Maker Salary - ₹1.1 Lakhs to ₹7.2 Lakhs per year
  • JBM Group Tool Maker Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
What is the salary of a Tool Maker in companies similar to Schaeffler India in India?
  • L.G.Balakrishnan & Bros Tool Maker Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Tool Maker at Schaeffler India in India?
The estimated take-home salary of a Tool Maker at Schaeffler India ranges between ₹14,959 per month to ₹16,522 per month in India. The take-home salary calculation is based on the average Schaeffler India Tool Maker salary in India which ranges between ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Tool Maker at Schaeffler India?
According to AmbitionBox, 67% of the Schaeffler India Tool Makers reported a notice period of 15 days or less, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Schaeffler India Tool Maker salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Schaeffler India latest salaries received from various employees of Schaeffler India.