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VEM TOOLING Tool Room Engineer salaries in India

Annual salary range
5 - 8 years exp.
₹3.3 Lakhs - ₹5 Lakhs
Salary of majority employees
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20% more than the average Tool Room Engineer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 17 Jul 2024

Companies similar to VEM TOOLING for Tool Room Engineer

Company name Avg Annual Salary Open Jobs
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PMT Machines Tool Room Engineer Salary

0 - 26 years exp. (7 salaries)

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₹2.2 L/yr - ₹5 L/yr

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₹2.5 L/yr - ₹5 L/yr

arrow icon 10% less
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₹2 L/yr - ₹7.2 L/yr

arrow icon 10% less
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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 14% less
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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 8% less
Tool Room Engineer salary at VEM TOOLING ranges between ₹3.3 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of VEM TOOLING.

Latest annual salaries shared by VEM TOOLING Tool Room Engineer

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8 years exp.
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7 years exp.
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Experience wise VEM TOOLING Tool Room Engineer salaries

Last Updated: 17 Jul 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr

Similar Designation salaries in VEM TOOLING

Tool Engineer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
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₹3.6 L/yr - ₹4.6 L/yr
Senior Engineer Salary
(13 salaries)
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₹3.5 L/yr - ₹8.5 L/yr
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₹3.1 L/yr - ₹4.5 L/yr
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₹3 L/yr - ₹3.2 L/yr
Design Engineer Salary
(12 salaries)
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₹3 L/yr - ₹9.5 L/yr
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₹4 L/yr - ₹6 L/yr
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₹2.8 L/yr - ₹4.2 L/yr
Tool Maker Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
VMC Programmer Salary
(4 salaries)
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₹2.4 L/yr - ₹4.6 L/yr

Salary related reviews for VEM TOOLING

4.8

Rated by 3 employees for salary & benefits

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 22 Jul 2020

1.0
 for  Salary and Benefits

Likes

VEM tooling has good potential to grow as company for plastic injection moulding.

Dislikes

Company has lot of scope to improve in treatment to employees. Need job security and stability as everyone is leaving company within 6 months. Need to think about policy.

read more
  • Salary - Bad
  • +6 more

Tooroom Department

5.0
  •  posted on 05 Dec 2021

5.0
 for  Salary and Benefits

Likes

It was great experience to work with organisation like Vem. It's a very good organisation . This is a great place to work. They are focused on results. Everyone here cares about each other like we are family members. This is a great place to learn and grow

read more
  • Salary - Excellent
  • +6 more

Other Department

1.0
  •  posted on 13 Jul 2020

3.0
 for  Salary and Benefits

Likes

Vem supports nothing for their workers. They fired me from the company to save there expenses during this pandemic. Zero job security. They not even think about family depend upon us before asking for resign. Worst work culture.

read more

Dislikes

No job security.not even for confirmed employees. They terminated many employees in this lockdown situation.

  • Job security - Bad
  • +4 more
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VEM TOOLING Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at VEM TOOLING ?
The average salary of a Tool Room Engineer at VEM TOOLING in India typically ranges from ₹3.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Tool Room Engineer at VEM TOOLING earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Tool Room Engineer Salaries at VEM TOOLING 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 6 VEM TOOLING employees in India.
What is the estimated take home salary of a Tool Room Engineer at VEM TOOLING in India?
The estimated take-home salary of a Tool Room Engineer at VEM TOOLING in India typically ranges from ₹32,275 to ₹33,555 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 6 salaries received from various employees of VEM TOOLING. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Tool Room Engineer in companies similar to VEM TOOLING in India?
The salary of a Tool Room Engineer at companies similar to VEM TOOLING in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Force Motors ₹1.4 Lakhs to ₹8.0 Lakhs per year
Shaily Engineering Plastics Ltd ₹2.5 Lakhs to ₹5.0 Lakhs per year
Motherson Automotive Technologies and Engineering ₹2.0 Lakhs to ₹7.2 Lakhs per year
Varroc Group ₹2.7 Lakhs to ₹5.1 Lakhs per year
PMT Machines ₹2.2 Lakhs to ₹5.0 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 VEM TOOLING in India?
The salary growth for a Tool Room Engineer at VEM TOOLING depends on factors such as experience, performance, and promotions. On average, a Tool Room Engineer can expect the following growth trajectory at VEM TOOLING:

Experience Average Salary Range
5 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
7 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
and so on.

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VEM TOOLING Tool Room Engineer salary in India ranges between ₹3.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 VEM TOOLING latest salaries received from various employees of VEM TOOLING.