Schneider Electric Tool Maker Salaries by 4 Employees

0 - 1 year exp.

₹2 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

53% less than the average Tool Maker Salary in Industrial Automation Companies for 0 - 1 year of experience

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Last Updated: 10 May 2024

Companies similar to Schneider Electric for Tool Maker

Company name	Avg Annual Salary	Open Jobs
Micro Plastics Tool Maker Salary 2 - 8 years exp. (44 salaries)	₹2 L/yr - ₹4.8 L/yr 82% more	1 job opening
INTERPLEX Tool Maker Salary 0 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹7.2 L/yr 37% more
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VASANTHA TOOL CRAFTS Tool Maker Salary 1 - 7 years exp. (35 salaries)	₹1.2 L/yr - ₹5 L/yr 34% more
Nash Industries Tool Maker Salary 1 - 9 years exp. (33 salaries)	₹1.8 L/yr - ₹4.1 L/yr 47% more
Mastercraft Engineers Tool Maker Salary 1 - 4 years exp. (27 salaries)	₹1.8 L/yr - ₹4.1 L/yr 33% more

Tool Maker salary at Schneider Electric ranges between ₹2 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Schneider Electric.

Experience wise Schneider Electric Tool Maker salaries

Last Updated: 10 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

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Salary related reviews for Schneider Electric

3.5

Rated by 2 employees for salary & benefits

Design Engineer in Bangalore / Bengaluru

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 May 2023

3.0

for Salary and Benefits

Likes

Schneider is one of the top MNC's to work at and has a great culture of working. It is employee centric and is driven by its core values which motivatea employees to do best

Skill development - Good

+2 more

Dislikes

Compensation is not on par with the other competitive companies like TI, GE, ABB

Technician in Hyderabad / Secunderabad

Full Time

Other Department

5.0

• posted on 25 May 2020

1.0

for Salary and Benefits

Likes

They have given good protection and policies against covid-19 but no salaries provided during lockdown , moreover salaries wages not paid at regular time period

Skill development - Excellent

+3 more

Dislikes

Salary wages were very low and not paid at regular time period

Salary - Bad

+2 more

Associate Engineer in Bangalore / Bengaluru

Research & Development Department

5.0

• posted on 23 Jun 2021

3.0

for Salary and Benefits

Likes

Schneider have very good work cluture & management. There is huge cafeteria & maintenance is too good. They are much focus on safety, 5S work station in office. Sports & games for entirtment.

Skill development - Excellent

+3 more

Dislikes

Some issue in salary, they are only much focus on on roll employees.

Job security - Poor

Technician in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Jun 2021

4.0

for Salary and Benefits

Likes

Good work and experience. I would like this company and teammates are supportive and the management is transparent. And hardworking is make a positive life.

Salary - Good

+6 more

Dislikes

The management doesn't address and not understand our issues. Salary is very low but career growth is slow.

Junior Engineer in Chennai

Production Department

4.0

• posted on 02 Jan 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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What should be a package for mechanical design engineers having 5 years of experience?

8 to 10 LPA

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Above 12 LPA

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Schneider Electric Tool Maker Salary FAQs

What is the salary of Tool Maker at Schneider Electric ?

The average salary of a Tool Maker at Schneider Electric in India typically ranges from ₹2.0 Lakhs to ₹2.4 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Tool Maker at Schneider Electric earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 Lakhs per year. Tool Maker Salaries at Schneider Electric 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 Schneider Electric employees in India.

What is the estimated take home salary of a Tool Maker at Schneider Electric in India?

The estimated take-home salary of a Tool Maker at Schneider Electric in India typically ranges from ₹14,563 to ₹16,093 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 Schneider Electric. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Schneider Electric for Tool Maker in India?

Micro Plastics	₹2.0 Lakhs to ₹4.8 Lakhs per year
Nash Industries	₹1.8 Lakhs to ₹4.1 Lakhs per year
INTERPLEX	₹1.1 Lakhs to ₹7.2 Lakhs per year
VASANTHA TOOL CRAFTS	₹1.2 Lakhs to ₹5.0 Lakhs per year
Mastercraft Engineers	₹1.8 Lakhs to ₹4.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Schneider Electric, depending on the role and experience level.

How the salary growth look like for a Tool Maker at Schneider Electric in India?

The salary growth for a Tool Maker at Schneider Electric depends on factors such as experience, performance, and promotions. On average, a Tool Maker can expect the following growth trajectory at Schneider Electric:

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Schneider Electric Tool Maker Salaries

Schneider Electric Tool Maker salary in India ranges between ₹2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Schneider Electric latest salaries received from various employees of Schneider Electric.