Setco Spindles India Machinist Salaries by 4 Employees (Updated 2024)

4 - 11 years exp.

₹2 Lakhs - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Machinist Salary in Industrial Machinery Companies for 4 - 11 years of experience

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Last Updated: 20 Jun 2024

Companies similar to Setco Spindles India for Machinist

Company name	Avg Annual Salary	Open Jobs
Ace Designers Machinist Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹2 L/yr 11% less
HMT Machine Tools Machinist Salary 1 - 6 years exp. (6 salaries)	₹0.5 L/yr - ₹2.1 L/yr 30% less
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Hical Technologies Machinist Salary 2 - 8 years exp. (20 salaries)	₹2.2 L/yr - ₹5.5 L/yr 83% more
GTN Engineering Machinist Salary 3 - 13 years exp. (15 salaries)	₹2.4 L/yr - ₹5.1 L/yr 82% more
Tata Motors Machinist Salary 0 - 4 years exp. (13 salaries)	₹1.1 L/yr - ₹7.1 L/yr 42% more

Machinist salary at Setco Spindles India ranges between ₹2 Lakhs to ₹2.1 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Setco Spindles India.

Experience wise Setco Spindles India Machinist salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
9 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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10 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Setco Spindles India

Technician Salary

(3 salaries)

₹2 L/yr - ₹4.9 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Supervisor Salary

(3 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Machine Operator Salary

(3 salaries)

₹3 L/yr - ₹3.6 L/yr

Service Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.5 L/yr

Electrical Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.6 L/yr

Production Engineer Salary

(8 salaries)

₹3.2 L/yr - ₹4.5 L/yr

Electrical Technician Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Setco Spindles India

Assistant Sales Manager in Pune

Full Time

Sales Department

5.0

• posted on 18 May 2022

3.0

for Salary and Benefits

Likes

Have all the freedom of taking decisions and excute them. If it fails you will encourage in right direction. Management is supportive if you are following the core values set by the organisation.

Dislikes

Nothing

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Setco Spindles India Machinist Salary FAQs

What is the salary of Machinist at Setco Spindles India?

Machinist salary at Setco Spindles India in India ranges between ₹2.0 Lakhs to ₹2.1 Lakhs for experience between 4 years to 11 years. According to our estimates it is 37% less than the average Machinist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Setco Spindles India India.

How does the salary of a Machinist at Setco Spindles India India compare with the average salary range for this job?

The average salary of a Machinist at Setco Spindles India is 37% less than the average salary of a Machinist in India. To know exact salary insights, login to view.

Which similar companies are paying more than Setco Spindles India to a Machinist in India?

Hical Technologies Machinist Salary - ₹2.2 Lakhs to ₹5.5 Lakhs per year
GTN Engineering Machinist Salary - ₹2.4 Lakhs to ₹5.1 Lakhs per year
Tata Motors Machinist Salary - ₹1.1 Lakhs to ₹7.1 Lakhs per year

What is the salary of a Machinist in companies similar to Setco Spindles India in India?

Ace Designers Machinist Salary - ₹1.5 Lakhs to ₹2.0 Lakhs per year
HMT Machine Tools Machinist Salary - ₹0.5 Lakhs to ₹2.1 Lakhs per year

What is the estimated take home salary of a Machinist at Setco Spindles India in India?

The estimated take-home salary of a Machinist at Setco Spindles India ranges between ₹14,038 per month to ₹15,523 per month in India. The take-home salary calculation is based on the average Setco Spindles India Machinist salary in India which ranges between ₹2.0 Lakhs to ₹2.1 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Machinist at Setco Spindles India?

According to AmbitionBox, 67% of the Setco Spindles India Machinists reported a notice period of 15 days or less, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Setco Spindles India Machinist Salaries

Setco Spindles India Machinist salary in India ranges between ₹2 Lakhs to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Setco Spindles India latest salaries received from various employees of Setco Spindles India.