SMP Engineers and Electricals Hosur Tool Maker Salaries by 2 Employees

5 - 7 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: 16 Mar 2023

Companies similar to SMP Engineers and Electricals for Tool Maker in Hosur

SMP Engineers and Electricals Tool Maker Salary

5 - 7 years exp. (AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Titan Company Tool Maker Salary 0 - 4 years exp. (19 salaries)	₹1 L/yr - ₹3 L/yr 33% less
Schaeffler India Tool Maker Salary 2 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹2.5 L/yr 29% less
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Sundaram Auto Components Tool Maker Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 25% less
TTK Prestige Tool Maker Salary 2 - 7 years exp. (4 salaries)	₹4 L/yr - ₹7 L/yr 62% more
Jamna Auto Industries Tool Maker Salary 5 - 9 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr 30% less

Tool Maker salary at SMP Engineers and Electricals ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of SMP Engineers and Electricals.

Similar Designation salaries in SMP Engineers and Electricals

Tool Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹3.8 L/yr

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

Skill development - Good

+2 more

Dislikes

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

Salary - Poor

+3 more

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.

Skill development - Bad

+5 more

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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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SMP Engineers and Electricals Tool Maker Salary FAQs

How the salary growth look like for a Tool Maker at SMP Engineers and Electricals in Hosur?

The salary growth for a Tool Maker at SMP Engineers and Electricals in Hosur depends on factors such as experience, performance, and promotions. On average, a Tool Maker in Hosur can expect the following growth trajectory at SMP Engineers and Electricals:

Experience	Average Salary Range
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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SMP Engineers and Electricals Tool Maker Salaries in Hosur

SMP Engineers and Electricals Tool Maker salary in Hosur ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of SMP Engineers and Electricals.

SMP Engineers and Electricals Tool Maker salaries in Hosur