Timken Tool Design Engineer Salaries by 8 Employees (Updated 2024)

4 - 9 years exp.

₹3.9 Lakhs - ₹6.9 Lakhs

Low Confidence

Salary of majority employees

21% more than the average Tool Design Engineer Salary in Industrial Machinery Companies for 4 - 9 years of experience

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Salaries in different departments

Research & Development Tool Design Engineer Salary 5 - 9 years exp. (6 salaries)	₹4 L/yr - ₹6.4 L/yr
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Production, Manufacturing & Engineering Tool Design Engineer Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹6.9 L/yr

Last Updated: 24 Nov 2024

Companies similar to Timken for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Tool Design Engineer Salary 2 - 10 years exp. (5 salaries)	₹2 L/yr - ₹6.1 L/yr 15% less
L&T Technology Services Tool Design Engineer Salary 3 - 9 years exp. (4 salaries)	₹5 L/yr - ₹8.8 L/yr 31% more
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Mahindra & Mahindra Tool Design Engineer Salary 1 - 8 years exp. (8 salaries)	₹1.7 L/yr - ₹5.2 L/yr 46% less
Sigma Electric Manufacturing Corporation Tool Design Engineer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 54% less
John Deere Tool Design Engineer Salary 5 - 10 years exp. (4 salaries)	₹3 L/yr - ₹13.5 L/yr 58% more

Tool Design Engineer salary at Timken ranges between ₹3.9 Lakhs to ₹6.9 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Timken.

Experience wise Timken Tool Design Engineer salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.9 L/yr
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6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.9 L/yr

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Salary related reviews for Timken

Line Engineer in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 15 Apr 2024

3.0

for Salary and Benefits

Likes

Work- life balance is good and yearly appraisal is average. Job security is good. Nobody force you to not take leave, you can plan your leave according to you.

Dislikes

Employees appreciation is not good. Salary could have been better. Shop floor culture is not so good.

Line Engineer in Jamshedpur

Full Time

Procurement & Supply Chain Department

1.0

• posted on 06 Dec 2023

1.0

for Salary and Benefits

Likes

If employees are from jamshedpur, then they can survive with such low salary, perks and benefits. Options are available to enhance skills and knowledge.

Dislikes

There are many- Salary hike is minimal, despite working for more than 5 years, there is no promotion. With no reason, top level management puts huge pressure on lower and mid level position for output. No diverse option available to develop skills and knowledge. You have to work more than 8 hrs to complete your daily task as one person have to do the work of 2-3 employees.

Line Engineer in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Jamshedpur plant there is nothing to like, bad culture has developed, cast preferred in department,

Dislikes

Department head preferred his won cast people and increase their post and salary, others are looking face and search jobs and leave company as soon as possible, manager comes in plant only for punch and lunch

Team Lead in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 12 Jan 2023

2.0

for Salary and Benefits

Likes

Relaxed environment. Work life balance.good for gaining experience.

Dislikes

Decisions take very long. Slow management. Salary & benefits not upto market standards for US-Tax profile. No flexible working hours. During covid there was a salary cut company wide for all employees, which was fine considering that time. But later on conditions improved but company did not pay back that salary.

Line Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 16 Mar 2023

3.0

for Salary and Benefits

Likes

Some times they conduct a event, And they share a Company overall performance in every Quarter, In company they provide a food, Some sports events they conduct,

Dislikes

Salary and promotion is below avarage

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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Timken Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Timken?

Tool Design Engineer salary at Timken in India ranges between ₹3.9 Lakhs to ₹6.9 Lakhs for experience between 4 years to 9 years. According to our estimates it is 21% more than the average Tool Design Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Timken India.

How does the salary of a Tool Design Engineer at Timken India compare with the average salary range for this job?

The average salary of a Tool Design Engineer at Timken is 21% more than the average salary of a Tool Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Timken to a Tool Design Engineer in India?

John Deere Tool Design Engineer Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year
L&T Technology Services Tool Design Engineer Salary - ₹5.0 Lakhs to ₹8.8 Lakhs per year

What is the salary of a Tool Design Engineer in companies similar to Timken in India?

Schaeffler India Tool Design Engineer Salary - ₹2.0 Lakhs to ₹6.1 Lakhs per year
Mahindra & Mahindra Tool Design Engineer Salary - ₹1.7 Lakhs to ₹5.2 Lakhs per year
Sigma Electric Manufacturing Corporation Tool Design Engineer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Tool Design Engineer at Timken in India?

The estimated take-home salary of a Tool Design Engineer at Timken ranges between ₹37,367 per month to ₹38,571 per month in India. The take-home salary calculation is based on the average Timken Tool Design Engineer salary in India which ranges between ₹3.9 Lakhs to ₹6.9 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Tool Design Engineer at Timken?

According to AmbitionBox, 100% of the Timken Tool Design Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Timken Tool Design Engineer Salaries

Timken Tool Design Engineer salary in India ranges between ₹3.9 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Timken latest salaries received from various employees of Timken.