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Timex Group Precision Engineering Tool Room Engineer salaries in India

Annual salary range
1 - 4 years exp.
₹2 Lakhs - ₹3.4 Lakhs
Salary of majority employees
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31% less than the average Tool Room Engineer Salary for 1 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Tool Room Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Research & Development
Tool Room Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.7 L/yr

Last Updated: 2 Sep 2023

Companies similar to Timex Group Precision Engineering for Tool Room Engineer

Company name Avg Annual Salary Open Jobs
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₹2.1 L/yr - ₹2.3 L/yr

arrow icon 13% less
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₹2.1 L/yr - ₹5 L/yr

arrow icon 55% more
1 job opening
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₹2 L/yr - ₹7.2 L/yr

arrow icon 56% more
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Varroc Group Tool Room Engineer Salary

2 - 8 years exp. (42 salaries)

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₹2.7 L/yr - ₹5.1 L/yr

arrow icon 50% more
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Force Motors Tool Room Engineer Salary

1 - 8 years exp. (35 salaries)

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₹1.4 L/yr - ₹8 L/yr

arrow icon 59% more
Tool Room Engineer salary at Timex Group Precision Engineering ranges between ₹2 Lakhs to ₹3.4 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Timex Group Precision Engineering.

Latest annual salaries shared by Timex Group Precision Engineering Tool Room Engineer

1y ago
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1 year exp.
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2 years exp.
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1 year exp.
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4 years exp.

Experience wise Timex Group Precision Engineering Tool Room Engineer salaries

Last Updated: 2 Sep 2023

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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₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Timex Group Precision Engineering

Tool Engineer Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹2.4 L/yr - ₹3.25 L/yr
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₹1.7 L/yr - ₹3 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr
Executive Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Design Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Tool & DIE Maker Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Tool Maker Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Timex Group Precision Engineering

Full Time

 · 

Research & Development Department

1.0
  •  posted on 07 Oct 2024

3.0
 for  Salary and Benefits

Likes

This is worst company i ever had there is no working culture.Work pressure without any sense.9 to 6 10 is your working hours but you have to be there upto 10 0 clock and there is no extra pay for that even they ask to come on sunday .and they wont compensate that leave and within one weak it will be lapse.Dont think for leave there is no leaves .you will be treat as u dont know anything.Every one blame their mistakes on you only. NEVER GO THERE.GO THERE MEANS U R GOING TO HELL.

read more

Dislikes

Only salary will come on 30 to 31 .Rest everything is worst .even your bike is not safe.Jaoge to pachhtaoge.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 31 Aug 2023

4.0
 for  Salary and Benefits

Likes

I joined this organization as a fresher in production department and i learnt a lot in this company seniors are very supportive and always ready to Encourage you and also support you to develop your skill if you want to learn something then they will always ready to cooperate you and hr policy is very good and salary will come at the end of month there is no ups and down in salary which is best part of the company from sr. Engineer your office timing will to 9 to 6 and there is no extra pressure about work just do your key work and improvement so for me tgpel is best...........

read more
  • Salary - Good
  • +5 more

Dislikes

1.Less increament amount 2.Food quality is not up to the mark 3.There is some people who is doing politics there they are just ridiculous.

read more

Full Time

 · 

Business Development Department

2.0
  •  posted on 28 Jun 2021

2.0
 for  Salary and Benefits

Likes

The best thing about Timex is job security,

  • Job security - Good

Dislikes

Work culture is average. And it depends on the department you are in. If i talk about business development, it is very bad. Everyday you are made to realize that you are not worth it. The boss will demotivate you to that extent where you will question yourself was it the right decision to join this company

read more
  • Salary - Poor
  • +2 more

Other Department

2.0
  •  posted on 15 Oct 2021

2.0
 for  Salary and Benefits

Likes

The infrastructure and employees. Pre-covid it used to be different but now it has completely changed.

  • Job security - Good

Dislikes

Everything was so bad apart from colleagues. Don't ever accept any job offer from here, your life will be worst than hell. The head of PPC department is such a bad human that nobody wants to see his face. Every soul working there has been trapped inside. Good for diploma holders but not for degree engineers.

read more
  • Salary - Poor
  • +4 more

DESIGN Department

5.0
  •  posted on 11 Mar 2019

4.0
 for  Salary and Benefits

Likes

I've worked 2 yrs approx in TGPEL. Overall experience is very good, All staffs are supportive. I've learned A lot From My seniors. Thank you so much.

read more
  • Salary - Good
  • +5 more

Dislikes

Working Timing Of Design Engineers Are Not Convenient.

see more salary related reviews

Timex Group Precision Engineering Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Timex Group Precision Engineering ?
The average salary of a Tool Room Engineer at Timex Group Precision Engineering in India typically ranges from ₹2.0 Lakhs to ₹3.4 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Tool Room Engineer at Timex Group Precision Engineering earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Tool Room Engineer Salaries at Timex Group Precision Engineering 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 Timex Group Precision Engineering employees in India.
What is the estimated take home salary of a Tool Room Engineer at Timex Group Precision Engineering in India?
The estimated take-home salary of a Tool Room Engineer at Timex Group Precision Engineering in India typically ranges from ₹17,522 to ₹19,222 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.4 Lakhs per year for employees with experience ranging from 1 year to 4 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 Timex Group Precision Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Timex Group Precision Engineering for Tool Room Engineer in India?
Force Motors ₹1.4 Lakhs to ₹8.0 Lakhs per year
Motherson Automotive Technologies and Engineering ₹2.0 Lakhs to ₹7.2 Lakhs per year
Shaily Engineering Plastics Ltd ₹2.1 Lakhs to ₹5.0 Lakhs per year
Varroc Group ₹2.7 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Timex Group Precision Engineering, depending on the role and experience level.
What is the salary of a Tool Room Engineer in companies similar to Timex Group Precision Engineering in India?
The salary of a Tool Room Engineer at companies similar to Timex Group Precision Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited ₹2.1 Lakhs to ₹2.3 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 Timex Group Precision Engineering in India?
The salary growth for a Tool Room Engineer at Timex Group Precision Engineering depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at Timex Group Precision Engineering:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.9 Lakhs per year
and so on.

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Timex Group Precision Engineering Tool Room Engineer salary in India ranges between ₹2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Timex Group Precision Engineering latest salaries received from various employees of Timex Group Precision Engineering.