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Schaeffler India Tool Room Manager salaries in India

Annual salary range
14 - 18 years exp.
₹12.7 Lakhs - ₹13.5 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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16% more than the average Tool Room Manager Salary in Auto Components Companies for 14 - 18 years of experience

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Last Updated: 14 Nov 2024

Companies similar to Schaeffler India for Tool Room Manager

Company name Avg Annual Salary Open Jobs
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Amara Raja Group Tool Room Manager Salary

15 - 21 years exp. (4 salaries)

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₹15 L/yr - ₹18.5 L/yr

arrow icon 26% more
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Enco Engineers Combine Tool Room Manager Salary

7 - 23 years exp. (10 salaries)

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₹8.1 L/yr - ₹11 L/yr

arrow icon 29% less
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Sandhar Technologies Tool Room Manager Salary

9 - 25 years exp. (9 salaries)

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₹8.4 L/yr - ₹12 L/yr

arrow icon 23% less
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BHARAT TECHNO PLAST Tool Room Manager Salary

12 - 24 years exp. (6 salaries)

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₹6.4 L/yr - ₹24.2 L/yr

arrow icon 11% more
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Indo Autotech Tool Room Manager Salary

16 - 26 years exp. (6 salaries)

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₹11 L/yr - ₹14.9 L/yr

arrow icon 9% less
Tool Room Manager salary at Schaeffler India ranges between ₹12.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India.

Latest annual salaries shared by Schaeffler India Tool Room Manager

4mo ago
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18 years exp.

Experience wise Schaeffler India Tool Room Manager salaries

Last Updated: 14 Nov 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹23.4 L/yr
15+ years  (3 salaries)

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₹5.3 L/yr - ₹13.5 L/yr

Similar Designation salaries in Schaeffler India

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₹2 L/yr - ₹5.65 L/yr
Tool Room Incharge Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Project Manager Salary
(28 salaries)
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₹6.09 L/yr - ₹24.19 L/yr
Tool Room Supervisor Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Deputy Manager Salary
(153 salaries)
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₹8 L/yr - ₹16 L/yr
Maintenance Manager Salary
(AmbitionBox Estimate)
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₹12.4 L/yr - ₹15.9 L/yr
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₹30 L/yr - ₹45.8 L/yr
Store Incharge Salary
(6 salaries)
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₹2.15 L/yr - ₹3 L/yr
Store Keeper Salary
(4 salaries)
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₹2.1 L/yr - ₹2.85 L/yr
Senior Engineer Salary
(33 salaries)
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₹4.5 L/yr - ₹19.38 L/yr

Salary related reviews for Schaeffler India

5.0

Rated by 1 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

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.

read more
  • Job security - Good

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
  • Skill development - Poor
  • +2 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

Full Time

 · 

Key Accounts Department

4.0
  •  posted on 29 Oct 2022

2.0
 for  Salary and Benefits

Likes

Work culture, work life balance, better opportunities inside organisation for job change, new policies under experimental basis like hybrid working permantly, job rotation. Supportive and approachable senior management, worked with Schaeffler Hosur location business customer centric team

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Poor growth plan for middle management, inequality in responsibility/work vs compensation.

read more
  • Salary - Poor
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Schaeffler India Tool Room Manager Salary FAQs

What is the salary of Tool Room Manager at Schaeffler India ?
The average salary of a Tool Room Manager at Schaeffler India in India typically ranges from ₹12.7 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Tool Room Manager at Schaeffler India earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Tool Room Manager 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 4 Schaeffler India employees in India.
What is the estimated take home salary of a Tool Room Manager at Schaeffler India in India?
The estimated take-home salary of a Tool Room Manager at Schaeffler India in India typically ranges from ₹93,325 to ₹95,831 per month. This is based on the average salary range of ₹12.7 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 14 years to 18 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 4 salaries received from various employees of Schaeffler India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Schaeffler India for Tool Room Manager in India?
Amara Raja Group ₹15.0 Lakhs to ₹18.5 Lakhs per year
BHARAT TECHNO PLAST ₹6.4 Lakhs to ₹24.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Schaeffler India, depending on the role and experience level.
What is the salary of a Tool Room Manager in companies similar to Schaeffler India in India?
The salary of a Tool Room Manager at companies similar to Schaeffler India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indo Autotech ₹11.0 Lakhs to ₹14.9 Lakhs per year
Sandhar Technologies ₹8.4 Lakhs to ₹12.0 Lakhs per year
Enco Engineers Combine ₹8.1 Lakhs to ₹11.0 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 Room Manager at Schaeffler India in India?
The salary growth for a Tool Room Manager at Schaeffler India depends on factors such as experience, performance, and promotions. On average, a Tool Room Manager can expect the following growth trajectory at Schaeffler India:

Experience Average Salary Range
14 years ₹12.7 Lakhs to ₹23.4 Lakhs per year
15 years ₹5.3 Lakhs to ₹13.5 Lakhs per year
and so on.

Tell us how to improve this page.

Schaeffler India Tool Room Manager salary in India ranges between ₹12.7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Schaeffler India latest salaries received from various employees of Schaeffler India.