Grind Master Machines Lead Engineer Salaries by 7 Employees

6 - 16 years exp.

₹10.5 Lakhs - ₹24 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Lead Engineer Salary in Industrial Machinery Companies for 6 - 16 years of experience

Interested in this particular role?

Last Updated: 9 Nov 2024

Companies similar to Grind Master Machines for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
Inductotherm Lead Engineer Salary 9 - 17 years exp. (10 salaries)	₹8.5 L/yr - ₹13 L/yr 21% less
SPX Flow Technology Lead Engineer Salary null years exp. (5 salaries)	₹8.4 L/yr - ₹9.4 L/yr 33% less
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Sidel Lead Engineer Salary 2 - 5 years exp. (4 salaries)	₹4.3 L/yr - ₹4.8 L/yr 67% less
Crane Process Flow Technologies India Lead Engineer Salary 12 - 29 years exp. (4 salaries)	₹12.5 L/yr - ₹17 L/yr 5% more
Mitsubishi Heavy Industries Lead Engineer Salary 1 - 17 years exp. (3 salaries)	₹3.1 L/yr - ₹13.2 L/yr 49% less

Lead Engineer salary at Grind Master Machines ranges between ₹10.5 Lakhs to ₹24 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 7 latest salaries received from various employees of Grind Master Machines.

Experience wise Grind Master Machines Lead Engineer salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
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8 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
11 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
14 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
15+ years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr

View all

Similar Designation salaries in Grind Master Machines

Senior Engineer Salary

(12 salaries)

₹3.05 L/yr - ₹8.13 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Grind Master Machines

2.7

Rated by 2 employees for salary & benefits

R&D Engineer in Aurangabad

Full Time

Research & Development Department

4.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

"I appreciate the opportunity to work on innovative projects in the R&D department, which enhance my technical skills and knowledge. The supportive team environment and approachable management make the workplace highly engaging and motivating."

Skill development - Excellent

+4 more

Dislikes

Nothing yet.

Service Engineer in Aurangabad

Production, Manufacturing & Engineering Department

4.0

• posted on 10 Jul 2022

3.0

for Salary and Benefits

Likes

Here I like to work in the service field, like to travel, like to deal with new coustember.

Skill development - Good

+4 more

Dislikes

Here I do not like working desk work, I do not like working in production here, I do not like working in Assambly,

In Biodiversity in Aurangabad

Zoology Department

5.0

• posted on 03 Jan 2022

5.0

for Salary and Benefits

Likes

I would like to I work in the company and company policy and sefty etc.i am completely potentially work in the company I would like to company all stap member and mostly samir kelkar sir in company of CEO. I thank to Grand Master his selected me and I give one or more aportunity provided I really thanks to Grand Master machine Pvt.

Salary - Excellent

+6 more

Dislikes

Jsuebwkwnejejdm hejejjesksjjj

Paint Shop Executive in Aurangabad

Other Department

4.0

• posted on 25 Aug 2019

2.0

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 -qulittu products and had a global client base

Company culture - Good

Dislikes

The work pressure is very very high.. working hours also continue 08-10hrs daily.not time for family members

Salary - Poor

+2 more

Senior Executive Exim

Procurement & Supply Chain Department

4.0

• posted on 27 Feb 2020

4.0

for Salary and Benefits

Likes

Company open to problem solving in metal finishing , buffing, and grinding machine . Innovative and readily adopts latest technology . looking after purchase, export import during 10 year tenure. all are co-operative and training from different resources given for employee.

Salary - Good

+5 more

Dislikes

I do receive appreciation emails from my clients and customers but they mostly go unnoticed during my mid-year appraisals.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Grind Master Machines Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Grind Master Machines ?

The average salary of a Lead Engineer at Grind Master Machines in India typically ranges from ₹10.5 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 6 years to 16 years).

The top 10% of Lead Engineer at Grind Master Machines earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Lead Engineer Salaries at Grind Master Machines 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 7 Grind Master Machines employees in India.

What is the estimated take home salary of a Lead Engineer at Grind Master Machines in India?

The estimated take-home salary of a Lead Engineer at Grind Master Machines in India typically ranges from ₹95,098 to ₹97,661 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 6 years to 16 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 7 salaries received from various employees of Grind Master Machines. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Grind Master Machines for Lead Engineer in India?

Crane Process Flow Technologies India

₹12.5 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Lead Engineer in companies similar to Grind Master Machines in India?

The salary of a Lead Engineer at companies similar to Grind Master Machines in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Inductotherm	₹8.5 Lakhs to ₹13.0 Lakhs per year
SPX Flow Technology	₹8.4 Lakhs to ₹9.4 Lakhs per year
Mitsubishi Heavy Industries	₹3.1 Lakhs to ₹13.2 Lakhs per year
Sidel	₹4.3 Lakhs to ₹4.8 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 Lead Engineer at Grind Master Machines in India?

The salary growth for a Lead Engineer at Grind Master Machines depends on factors such as experience, performance, and promotions. On average, a Lead Engineer can expect the following growth trajectory at Grind Master Machines:

Experience	Average Salary Range
6 years	₹11.4 Lakhs to ₹14.5 Lakhs per year
7 years	₹11.5 Lakhs to ₹14.7 Lakhs per year
8 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
9 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Grind Master Machines Lead Engineer Salaries

Grind Master Machines Lead Engineer salary in India ranges between ₹10.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Grind Master Machines latest salaries received from various employees of Grind Master Machines.