SMP Engineers and Electricals Tool Engineer Salaries by 4 Employees (Updated 2024)

4 - 5 years exp.

₹2.2 Lakhs - ₹3.8 Lakhs

Salary of majority employees

59% less than the average Tool Engineer Salary for 4 - 5 years of experience

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Last Updated: 5 Oct 2024

Companies similar to SMP Engineers and Electricals for Tool Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Tool Engineer Salary 2 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹5 L/yr 13% less
TCS Tool Engineer Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹6.3 L/yr 55% more
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Siemens Tool Engineer Salary 5 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹10.9 L/yr 153% more
Schneider Electric Tool Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr At par
Wipro Tool Engineer Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 24% less	1 job opening
Tech Mahindra Tool Engineer Salary 0 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹6 L/yr 26% more

Tool Engineer salary at SMP Engineers and Electricals ranges between ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of SMP Engineers and Electricals.

Experience wise SMP Engineers and Electricals Tool Engineer salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in SMP Engineers and Electricals

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Tool Room Engineer Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Quality Engineer Salary

(9 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Design Engineer Salary

(5 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Tool Maker Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Tool & DIE Maker Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

VMC Operator Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Top skills at SMP Engineers and Electricals for Tool Engineer

Press Tool Maintenance

Salary related reviews for SMP Engineers and Electricals

Tool Room Engineer in Nashik

Product Development Department

3.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Good environment for work and culture. Teammates and staff are supportive and management is transparent. There is a huge cafeteria and gaming arcade for chilling. Bounce every year

Dislikes

Lots of time review per day and politics and on the job training is not given to new joinees

Plant Head

Production, Manufacturing & Engineering Department

1.0

• posted on 15 Jul 2019

3.0

for Salary and Benefits

Likes

One of worst company in my career.

Dislikes

Company submits false reports to the customers on quality and dimension front. The work force not aware of the quality systems. Management is not willing to learn the quality systems laid by the quality management organisations.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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SMP Engineers and Electricals Tool Engineer Salary FAQs

What is the salary of Tool Engineer at SMP Engineers and Electricals?

Tool Engineer salary at SMP Engineers and Electricals in India ranges between ₹2.2 Lakhs to ₹3.8 Lakhs for experience between 4 years to 5 years. According to our estimates it is 59% less than the average Tool Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SMP Engineers and Electricals India.

How does the salary of a Tool Engineer at SMP Engineers and Electricals India compare with the average salary range for this job?

The average salary of a Tool Engineer at SMP Engineers and Electricals is 59% less than the average salary of a Tool Engineer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Tool Engineer at SMP Engineers and Electricals?

Press Tool Maintenance is a popular skill required to work as a Tool Engineer at SMP Engineers and Electricals.

Which similar companies are paying more than SMP Engineers and Electricals to a Tool Engineer in India?

Siemens Tool Engineer Salary - ₹3.4 Lakhs to ₹10.9 Lakhs per year
TCS Tool Engineer Salary - ₹2.5 Lakhs to ₹6.3 Lakhs per year
Tech Mahindra Tool Engineer Salary - ₹2.8 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Tool Engineer in companies similar to SMP Engineers and Electricals in India?

Schneider Electric Tool Engineer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
Larsen & Toubro Limited Tool Engineer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Wipro Tool Engineer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Tool Engineer at SMP Engineers and Electricals in India?

The estimated take-home salary of a Tool Engineer at SMP Engineers and Electricals ranges between ₹22,603 per month to ₹24,077 per month in India. The take-home salary calculation is based on the average SMP Engineers and Electricals Tool Engineer salary in India which ranges between ₹2.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 4 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Tool Engineer at SMP Engineers and Electricals?

According to AmbitionBox, 100% of the SMP Engineers and Electricals Tool Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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SMP Engineers and Electricals Tool Engineer Salaries

SMP Engineers and Electricals Tool Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SMP Engineers and Electricals latest salaries received from various employees of SMP Engineers and Electricals.