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Spark Minda Tool Room Engineer salaries in Pune

Annual salary range
1 - 6 years exp.
₹2 Lakhs - ₹4.2 Lakhs
Salary of majority employees
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10% less than the average Tool Room Engineer Salary in Auto Components Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Room Engineer Salary
3 - 6 years exp. (5 salaries)
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₹2 L/yr - ₹4.2 L/yr

Research & Development
Tool Room Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹4.6 L/yr

Last Updated: 16 May 2024

Companies similar to Spark Minda for Tool Room Engineer in Pune

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Spark Minda Tool Room Engineer Salary

1 - 6 years exp. (7 salaries)

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₹2 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Magna International Tool Room Engineer Salary

7 - 13 years exp. (9 salaries)

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₹4.1 L/yr - ₹6.5 L/yr

arrow icon 57% more
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₹2 L/yr - ₹3.8 L/yr

arrow icon 12% more
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CIE Automotive Tool Room Engineer Salary

1 - 4 years exp. (8 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 8% less
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₹1.8 L/yr - ₹4.2 L/yr

arrow icon 20% less
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Bharat Forge Tool Room Engineer Salary

1 - 10 years exp. (5 salaries)

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₹1.6 L/yr - ₹6.5 L/yr

arrow icon 5% more
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Subros Tool Room Engineer Salary

2 - 5 years exp. (5 salaries)

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₹2.8 L/yr - ₹5 L/yr

At par
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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 10% less
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Lumax Industries Tool Room Engineer Salary

8 - 9 years exp. (3 salaries)

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₹3.4 L/yr - ₹4.3 L/yr

arrow icon 15% more
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Schaeffler India Tool Room Engineer Salary

2 - 3 years exp. (3 salaries)

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₹2 L/yr - ₹4.4 L/yr

arrow icon 5% less
Tool Room Engineer salary at Spark Minda ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Spark Minda.

Latest annual salaries shared by Spark Minda Tool Room Engineer in Pune

10mo ago
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6 years exp.
1y ago
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5 years exp.
1y ago
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5 years exp.
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3 years exp.
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2 years exp.

Experience wise Spark Minda Tool Room Engineer salaries in Pune

Last Updated: 16 May 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Spark Minda

Senior Engineer Salary
(87 salaries)
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₹2.8 L/yr - ₹9.44 L/yr
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₹1.7 L/yr - ₹5.65 L/yr
Design Engineer Salary
(52 salaries)
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₹1.2 L/yr - ₹7.3 L/yr
Junior Engineer Salary
(13 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Salary related reviews for Spark Minda

1.9

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

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.

read more
  • 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

read more

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.

read more
  • Salary - Good
  • +2 more

Dislikes

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

read more
  • Promotions - Poor

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 10 Feb 2025

3.0
 for  Salary and Benefits

Likes

Indian ambitious product based company

Dislikes

poor manager, resources, employee policy strict timing poor attrndance app risking the salary loss unplanned company holidays lack of tools does not understand software devlopment business

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 28 Sep 2024

3.0
 for  Salary and Benefits

Likes

Good learning in technical work and maintaining in machinery knowledge

  • Skill development - Excellent
  • +1 more

Dislikes

Experience workers salary is low and new workers salary is High so working time experience workers are not put in more than effort in work

read more
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Spark Minda Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Spark Minda in Pune?
The average salary of a Tool Room Engineer at Spark Minda in Pune typically ranges from ₹2.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Tool Room Engineer in Pune at Spark Minda earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Tool Room Engineer 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 7 Spark Minda employees in India.
What is the estimated take home salary of a Tool Room Engineer at Spark Minda in Pune?
The estimated take-home salary of a Tool Room Engineer at Spark Minda in Pune typically ranges from ₹23,853 to ₹25,309 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 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 Tool Room Engineer in India?
Magna International ₹4.1 Lakhs to ₹6.5 Lakhs per year
Lumax Industries ₹3.4 Lakhs to ₹4.3 Lakhs per year
Endurance Technologies ₹2.0 Lakhs to ₹3.8 Lakhs per year
Bharat Forge ₹1.6 Lakhs to ₹6.5 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 Tool Room Engineer in companies similar to Spark Minda in Pune?
The salary of a Tool Room Engineer at companies similar to Spark Minda in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Subros ₹2.8 Lakhs to ₹5.0 Lakhs per year
Schaeffler India ₹2.0 Lakhs to ₹4.4 Lakhs per year
CIE Automotive ₹2.0 Lakhs to ₹4.5 Lakhs per year
Sharda Motor Industries ₹2.5 Lakhs to ₹3.2 Lakhs per year
Tata AutoComp Systems ₹1.8 Lakhs to ₹4.2 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 Tool Room Engineer at Spark Minda in Pune?
The salary growth for a Tool Room Engineer at Spark Minda in Pune depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer in Pune can expect the following growth trajectory at Spark Minda:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

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Spark Minda Tool Room Engineer salary in Pune ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Spark Minda latest salaries received from various employees of Spark Minda.