Sivaramakrishna Forgings Tool Room Engineer Salaries by 2 Employees

7 - 8 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 15 Mar 2023

Companies similar to Sivaramakrishna Forgings for Tool Room Engineer

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Larsen & Toubro Limited Tool Room Engineer Salary 0 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹2.3 L/yr 29% less
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (47 salaries)	₹2.5 L/yr - ₹5 L/yr 26% more
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Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 9 years exp. (47 salaries)	₹2 L/yr - ₹7.2 L/yr 26% more
Varroc Group Tool Room Engineer Salary 2 - 8 years exp. (42 salaries)	₹2.7 L/yr - ₹5.1 L/yr 21% more
Force Motors Tool Room Engineer Salary 1 - 8 years exp. (35 salaries)	₹1.4 L/yr - ₹8 L/yr 29% more

Tool Room Engineer salary at Sivaramakrishna Forgings ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Sivaramakrishna Forgings.

Similar Designation salaries in Sivaramakrishna Forgings

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(AmbitionBox Estimate)

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Quality Engineer Salary

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Design Engineer Salary

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₹2.16 L/yr - ₹3.2 L/yr

Tool & DIE Maker Salary

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₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for Sivaramakrishna Forgings

Quality Engineer in Chennai

Production, Manufacturing & Engineering Department

2.0

• posted on 15 Dec 2021

1.0

for Salary and Benefits

Likes

Nil

Dislikes

Yes there's a lot of politics and the management deceiving everyone. They take people to work by a contract method by getting some money from the joinees. They'll not teach anything other than the work they give so, we can't able to develop our skills.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Sivaramakrishna Forgings Tool Room Engineer Salary FAQs

How the salary growth look like for a Tool Room Engineer at Sivaramakrishna Forgings in India?

The salary growth for a Tool Room Engineer at Sivaramakrishna Forgings depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at Sivaramakrishna Forgings:

Experience	Average Salary Range
7 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
8 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Sivaramakrishna Forgings Tool Room Engineer Salaries

Sivaramakrishna Forgings Tool Room Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Sivaramakrishna Forgings.

Sivaramakrishna Forgings Tool Room Engineer salaries in India