Venus Precision tools & Components Tool Room Engineer Salaries by 6 Employees (Updated 2024)

0 - 9 years exp.

₹1.6 Lakh - ₹3.8 Lakhs

Salary of majority employees

23% less than the average Tool Room Engineer Salary for 0 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Tool Room Engineer Salary 3 - 9 years exp. (3 salaries)	₹2.3 L/yr - ₹3.8 L/yr
Research & Development Tool Room Engineer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.2 L/yr
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Project & Program Management Tool Room Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to Venus Precision tools & Components for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Tool Room Engineer Salary 0 - 5 years exp. (13 salaries)	₹2.1 L/yr - ₹2.5 L/yr 20% less
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 2 - 8 years exp. (52 salaries)	₹2.5 L/yr - ₹5.4 L/yr 36% more
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Varroc Group Tool Room Engineer Salary 1 - 8 years exp. (51 salaries)	₹1.8 L/yr - ₹5.1 L/yr 31% more
Motherson Automotive Technologies and Engineering Tool Room Engineer Salary 1 - 8 years exp. (43 salaries)	₹2 L/yr - ₹5.5 L/yr 37% more
Renata Precision Components Tool Room Engineer Salary 1 - 6 years exp. (35 salaries)	₹2 L/yr - ₹4.7 L/yr 29% more

Tool Room Engineer salary at Venus Precision tools & Components ranges between ₹1.6 Lakh to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Venus Precision tools & Components.

Experience wise Venus Precision tools & Components Tool Room Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
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2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr

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Similar Designation salaries in Venus Precision tools & Components

Quality Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Design Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹2.8 L/yr

Tool Maker Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

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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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Venus Precision tools & Components Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Venus Precision tools & Components?

Tool Room Engineer salary at Venus Precision tools & Components in India ranges between ₹1.6 Lakhs to ₹3.8 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 23% less than the average Tool Room Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Venus Precision tools & Components India.

How does the salary of a Tool Room Engineer at Venus Precision tools & Components India compare with the average salary range for this job?

The average salary of a Tool Room Engineer at Venus Precision tools & Components is 23% less than the average salary of a Tool Room Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Venus Precision tools & Components to a Tool Room Engineer in India?

Motherson Automotive Technologies and Engineering Tool Room Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
Shaily Engineering Plastics Ltd Tool Room Engineer Salary - ₹2.5 Lakhs to ₹5.4 Lakhs per year
Varroc Group Tool Room Engineer Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
Renata Precision Components Tool Room Engineer Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year

What is the salary of a Tool Room Engineer in companies similar to Venus Precision tools & Components in India?

Larsen & Toubro Limited Tool Room Engineer Salary - ₹2.1 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Tool Room Engineer at Venus Precision tools & Components in India?

The estimated take-home salary of a Tool Room Engineer at Venus Precision tools & Components ranges between ₹19,482 per month to ₹21,153 per month in India. The take-home salary calculation is based on the average Venus Precision tools & Components Tool Room Engineer salary in India which ranges between ₹1.6 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Tool Room Engineer at Venus Precision tools & Components?

According to AmbitionBox, 100% of the Venus Precision tools & Components Tool Room Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Venus Precision tools & Components Tool Room Engineer Salaries

Venus Precision tools & Components Tool Room Engineer salary in India ranges between ₹1.6 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Venus Precision tools & Components latest salaries received from various employees of Venus Precision tools & Components.