SKF Tool Engineer Salaries by Employees (Updated 2025)

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₹2.1 Lakhs - ₹2.6 Lakhs

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Salary of majority employees

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Last Updated: 25 May 2024

Companies similar to SKF for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Samvardhana Motherson Group Tool Engineer Salary 0 - 7 years exp. (11 salaries)	₹1.5 L/yr - ₹5.5 L/yr 24% more
L.G.Balakrishnan & Bros Tool Engineer Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 32% more
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Pricol Tool Engineer Salary 5 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹4.2 L/yr 64% more
JBM Group Tool Engineer Salary 4 - 7 years exp. (5 salaries)	₹3 L/yr - ₹4.3 L/yr 50% more
Lumax Industries Tool Engineer Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.3 L/yr 6% more
Gabriel India Tool Engineer Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹4.6 L/yr 8% more
CIE Automotive Tool Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 28% more
Endurance Technologies Tool Engineer Salary 1 - 13 years exp. (3 salaries)	₹1.8 L/yr - ₹4.5 L/yr 17% more
Steel Strips Wheels Tool Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr 61% more
Tata AutoComp Systems Tool Engineer Salary 5 - 13 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 115% more

Tool Engineer salary at SKF ranges between ₹2.1 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of SKF.

Similar Designation salaries in SKF

Senior Engineer Salary

(15 salaries)

₹6.45 L/yr - ₹14.5 L/yr

Junior Engineer Salary

(12 salaries)

₹1.3 L/yr - ₹2.9 L/yr

Quality Engineer Salary

(43 salaries)

₹1.3 L/yr - ₹5.65 L/yr

Design Engineer Salary

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₹1.95 L/yr - ₹9.42 L/yr

Tool Maker Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Assistant Engineer Salary

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₹4.5 L/yr - ₹5.28 L/yr

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Executive Engineer Salary

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₹4.5 L/yr - ₹6.3 L/yr

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₹1.5 L/yr - ₹5.8 L/yr

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₹1.85 L/yr - ₹5.3 L/yr

Salary related reviews for SKF

2.0

Rated by 1 employees for salary & benefits

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Production in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

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.

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 joiners.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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SKF Tool Engineer Salary FAQs

What is the notice period for Tool Engineer at SKF?

According to AmbitionBox, 100% of the SKF Tool Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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SKF Tool Engineer Salaries

SKF Tool Engineer salary in India ranges between ₹2.1 Lakhs to ₹2.6 Lakhs. This is an estimate based on latest salaries received from employees of SKF.