Spark Minda Senior Engineer Tool Room Salaries by 4 Employees

9 - 11 years exp.

₹5.8 Lakhs - ₹7.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% more than the average Senior Engineer Tool Room Salary in Auto Components Companies for 9 - 11 years of experience

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Last Updated: 24 May 2024

Companies similar to Spark Minda for Senior Engineer Tool Room

Company name	Avg Annual Salary	Open Jobs
Steel Strips Wheels Senior Engineer Tool Room Salary 5 - 15 years exp. (14 salaries)	₹3.2 L/yr - ₹6.1 L/yr 29% less
Lumax Industries Senior Engineer Tool Room Salary 7 - 18 years exp. (6 salaries)	₹6 L/yr - ₹7 L/yr At par
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L.G.Balakrishnan & Bros Senior Engineer Tool Room Salary 14 - 16 years exp. (6 salaries)	₹5.3 L/yr - ₹6.1 L/yr 11% less
Sharda Motor Industries Senior Engineer Tool Room Salary 7 - 21 years exp. (5 salaries)	₹5.6 L/yr - ₹6.5 L/yr 9% less
Wheels Senior Engineer Tool Room Salary 4 - 8 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 33% less
Sl Lumax Senior Engineer Tool Room Salary 8 - 10 years exp. (4 salaries)	₹6 L/yr - ₹6.7 L/yr 3% less
Rico Auto Industries Senior Engineer Tool Room Salary 8 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹5.8 L/yr 23% less
Subros Senior Engineer Tool Room Salary 10 - 16 years exp. (4 salaries)	₹5.1 L/yr - ₹10 L/yr 17% more
JBM Group Senior Engineer Tool Room Salary 6 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6.6 L/yr 22% less
Tata AutoComp Systems Senior Engineer Tool Room Salary 7 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6.2 L/yr 25% less

Senior Engineer Tool Room salary at Spark Minda ranges between ₹5.8 Lakhs to ₹7.2 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Spark Minda.

Experience wise Spark Minda Senior Engineer Tool Room salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹10.8 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.2 L/yr
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11 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.7 L/yr

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Salary related reviews for Spark Minda

4.4

Rated by 3 employees for salary & benefits

Maintenance Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 20 Nov 2024

2.0

for Salary and Benefits

Likes

1. System design for better improvement. 2. Great opportunity to proof yourself in short terms.

Dislikes

1. Late duty culture. 2. Toxic behaviour. 3. Contractual salary is less. 4. Employee valuation is not matter

Salary - Poor

+6 more

Quality Engineer in Pune

Full Time

Research & Development Department

5.0

• posted on 09 Apr 2021

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.

Salary - Excellent

+6 more

Machine Operator in Bawal

Production Department

5.0

• posted on 27 Jan 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management 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.... thank-you

Salary - Excellent

+6 more

Dislikes

I'm very happy with Spark Minda company management is very helpful and friendly...no salary issues no other problems.... thank-you

Quality Engineer in Greater Noida Uttar Pradesh

Quality Assurance Department

4.0

• posted on 20 Jun 2020

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adoptes latest technology.high quality products and has a global client base.

Salary - Good

+4 more

Dislikes

Compensation is decent,but growth is very poor.the work pressure is very high.sometimes , I have to work 10 -12 hours straight in a day..there is no on-job training for freshers,hence senior folks like me have to guide them step-by-step, which is a pain some time d

Quality Engineer in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Dec 2019

4.0

for Salary and Benefits

Likes

The company is open innovation and readily adopts latest technology. I love the fact that I Am a part of a team that markets reliable,high-quality product and has a global Client base.

Salary - Good

+2 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

Promotions - Poor

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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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Spark Minda Senior Engineer Tool Room Salary FAQs

What is the salary of Senior Engineer Tool Room at Spark Minda ?

The average salary of a Senior Engineer Tool Room at Spark Minda in India typically ranges from ₹5.8 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Senior Engineer Tool Room at Spark Minda earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Senior Engineer Tool Room Salaries at Spark Minda can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Spark Minda employees in India.

What is the estimated take home salary of a Senior Engineer Tool Room at Spark Minda in India?

The estimated take-home salary of a Senior Engineer Tool Room at Spark Minda in India typically ranges from ₹49,778 to ₹50,954 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 9 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Spark Minda. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spark Minda for Senior Engineer Tool Room in India?

Subros	₹5.1 Lakhs to ₹10.0 Lakhs per year
Lumax Industries	₹6.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spark Minda, depending on the role and experience level.

What is the salary of a Senior Engineer Tool Room in companies similar to Spark Minda in India?

The salary of a Senior Engineer Tool Room at companies similar to Spark Minda in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sl Lumax	₹6.0 Lakhs to ₹6.7 Lakhs per year
Sharda Motor Industries	₹5.6 Lakhs to ₹6.5 Lakhs per year
L.G.Balakrishnan & Bros	₹5.3 Lakhs to ₹6.1 Lakhs per year
JBM Group	₹4.0 Lakhs to ₹6.6 Lakhs per year
Rico Auto Industries	₹4.5 Lakhs to ₹5.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Engineer Tool Room at Spark Minda in India?

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

Experience	Average Salary Range
9 years	₹5.8 Lakhs to ₹10.8 Lakhs per year
10 years	₹6.4 Lakhs to ₹7.2 Lakhs per year
11 years	₹7.0 Lakhs to ₹12.7 Lakhs per year

and so on.

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Spark Minda Senior Engineer Tool Room Salaries

Spark Minda Senior Engineer Tool Room salary in India ranges between ₹5.8 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spark Minda latest salaries received from various employees of Spark Minda.