Veejay Lakshmi Engineering Works Tool Design Engineer Salaries by 4 Employees (Updated 2024)

1 - 4 years exp.

₹1.8 Lakh - ₹2.1 Lakhs

Salary of majority employees

54% less than the average Tool Design Engineer Salary in Fashion & Textile Companies for 1 - 4 years of experience

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Last Updated: 24 Feb 2024

Companies similar to Veejay Lakshmi Engineering Works for Tool Design Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Advanced Systems Tool Design Engineer Salary 1 - 6 years exp. (32 salaries)	₹3 L/yr - ₹7.5 L/yr 136% more
Lucas-TVS Tool Design Engineer Salary 2 - 15 years exp. (12 salaries)	₹4 L/yr - ₹7.6 L/yr 230% more
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Brakes India Tool Design Engineer Salary 0 - 6 years exp. (10 salaries)	₹1.1 L/yr - ₹6.2 L/yr 20% more
Delphi TVS Tool Design Engineer Salary 1 - 4 years exp. (9 salaries)	₹1.9 L/yr - ₹4.8 L/yr 44% more
Hindustan Aeronautics Tool Design Engineer Salary 0 - 2 years exp. (8 salaries)	₹0.6 L/yr - ₹2.5 L/yr 29% less

Tool Design Engineer salary at Veejay Lakshmi Engineering Works ranges between ₹1.8 Lakh to ₹2.1 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 Veejay Lakshmi Engineering Works.

Experience wise Veejay Lakshmi Engineering Works Tool Design Engineer salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Similar Designation salaries in Veejay Lakshmi Engineering Works

Design Engineer Salary

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₹3.3 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Civil Engineer Salary

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₹3.8 L/yr - ₹4.8 L/yr

Junior Engineer Salary

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₹2 L/yr - ₹3 L/yr

Salary related reviews for Veejay Lakshmi Engineering Works

Graduate Engineer Trainee (Get)

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Mar 2018

4.0

for Salary and Benefits

Likes

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

Dislikes

Compensation is decent, but growth is slow. The work pressure is very low.basic salary is very low.

CNC Operator in Coimbatore

Quality Assurance Department

4.0

• posted on 04 Sep 2018

2.0

for Salary and Benefits

Likes

Over all skill development happens here for a mechanical engineer every day is a new challange . Apparently the same but minute thinks and knowledge regarding those help us improve.

Dislikes

Job security.They fired me for a 23 day leave that they have granded me .Even though package was less its a good place to learn how to work.

Tool Designer in Coimbatore

Research & Development Department

4.0

• posted on 04 Mar 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location.

Dislikes

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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Veejay Lakshmi Engineering Works Tool Design Engineer Salary FAQs

What is the salary of Tool Design Engineer at Veejay Lakshmi Engineering Works?

Tool Design Engineer salary at Veejay Lakshmi Engineering Works in India ranges between ₹1.8 Lakhs to ₹2.1 Lakhs for experience between 1 years to 4 years. According to our estimates it is 54% less than the average Tool Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Veejay Lakshmi Engineering Works India.

How does the salary of a Tool Design Engineer at Veejay Lakshmi Engineering Works India compare with the average salary range for this job?

The average salary of a Tool Design Engineer at Veejay Lakshmi Engineering Works is 54% less 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 Veejay Lakshmi Engineering Works to a Tool Design Engineer in India?

Lucas-TVS Tool Design Engineer Salary - ₹4.0 Lakhs to ₹7.6 Lakhs per year
Tata Advanced Systems Tool Design Engineer Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
Delphi TVS Tool Design Engineer Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year
Brakes India Tool Design Engineer Salary - ₹1.1 Lakhs to ₹6.2 Lakhs per year

What is the salary of a Tool Design Engineer in companies similar to Veejay Lakshmi Engineering Works in India?

Hindustan Aeronautics Tool Design Engineer Salary - ₹0.6 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Tool Design Engineer at Veejay Lakshmi Engineering Works in India?

The estimated take-home salary of a Tool Design Engineer at Veejay Lakshmi Engineering Works ranges between ₹12,855 per month to ₹14,237 per month in India. The take-home salary calculation is based on the average Veejay Lakshmi Engineering Works Tool Design Engineer salary in India which ranges between ₹1.8 Lakhs to ₹2.1 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Tool Design Engineer at Veejay Lakshmi Engineering Works?

According to AmbitionBox, 100% of the Veejay Lakshmi Engineering Works Tool Design Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Veejay Lakshmi Engineering Works Tool Design Engineer Salaries

Veejay Lakshmi Engineering Works Tool Design Engineer salary in India ranges between ₹1.8 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Veejay Lakshmi Engineering Works latest salaries received from various employees of Veejay Lakshmi Engineering Works.