Venkateswara Steels Tool Maker Salaries by 5 Employees

3 - 5 years exp.

₹2.5 Lakhs - ₹3.1 Lakhs

Salary of majority employees

38% less than the average Tool Maker Salary for 3 - 5 years of experience

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Salaries in different departments

Research & Development Tool Maker Salary 3 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.1 L/yr
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Production, Manufacturing & Engineering Tool Maker Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 22 May 2024

Companies similar to Venkateswara Steels for Tool Maker

Company name	Avg Annual Salary	Open Jobs
Micro Plastics Tool Maker Salary 2 - 8 years exp. (44 salaries)	₹2 L/yr - ₹4.8 L/yr 39% more	1 job opening
INTERPLEX Tool Maker Salary 0 - 7 years exp. (38 salaries)	₹1.1 L/yr - ₹7.2 L/yr 5% more
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VASANTHA TOOL CRAFTS Tool Maker Salary 1 - 7 years exp. (36 salaries)	₹1.2 L/yr - ₹5 L/yr 5% more
Nash Industries Tool Maker Salary 1 - 9 years exp. (33 salaries)	₹1.8 L/yr - ₹4.1 L/yr 12% more
Titan Company Tool Maker Salary 0 - 3 years exp. (25 salaries)	₹1 L/yr - ₹3 L/yr 27% less

Tool Maker salary at Venkateswara Steels ranges between ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Venkateswara Steels.

Experience wise Venkateswara Steels Tool Maker salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Similar Designation salaries in Venkateswara Steels

Tool & DIE Maker Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Tool Room Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

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Venkateswara Steels Tool Maker Salary FAQs

What is the salary of Tool Maker at Venkateswara Steels ?

The average salary of a Tool Maker at Venkateswara Steels in India typically ranges from ₹2.5 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Tool Maker at Venkateswara Steels earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Tool Maker Salaries at Venkateswara Steels 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 5 Venkateswara Steels employees in India.

What is the estimated take home salary of a Tool Maker at Venkateswara Steels in India?

The estimated take-home salary of a Tool Maker at Venkateswara Steels in India typically ranges from ₹19,559 to ₹21,229 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 salaries received from various employees of Venkateswara Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Venkateswara Steels for Tool Maker in India?

Micro Plastics	₹2.0 Lakhs to ₹4.8 Lakhs per year
Nash Industries	₹1.8 Lakhs to ₹4.1 Lakhs per year
VASANTHA TOOL CRAFTS	₹1.2 Lakhs to ₹5.0 Lakhs per year
INTERPLEX	₹1.1 Lakhs to ₹7.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Venkateswara Steels, depending on the role and experience level.

What is the salary of a Tool Maker in companies similar to Venkateswara Steels in India?

The salary of a Tool Maker at companies similar to Venkateswara Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Titan Company

₹1.0 Lakhs to ₹3.0 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 Maker at Venkateswara Steels in India?

The salary growth for a Tool Maker at Venkateswara Steels depends on factors such as experience, performance, and promotions. On average, a Tool Maker can expect the following growth trajectory at Venkateswara Steels:

Experience	Average Salary Range
3 years	₹1.1 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.0 Lakhs per year

and so on.

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Venkateswara Steels Tool Maker Salaries

Venkateswara Steels Tool Maker salary in India ranges between ₹2.5 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Venkateswara Steels latest salaries received from various employees of Venkateswara Steels.