L&T Technology Services Senior Cost Engineer Salaries by 6 Employees

5 - 9 years exp.

₹7 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

12% less than the average Senior Cost Engineer Salary in IT Services & Consulting Companies for 5 - 9 years of experience

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Salaries in different departments

Procurement & Supply Chain Senior Cost Engineer Salary 5 - 9 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr
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Production, Manufacturing & Engineering Senior Cost Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 3 Nov 2024

Companies similar to L&T Technology Services for Senior Cost Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Global Software Technologies Senior Cost Engineer Salary 5 - 6 years exp. (4 salaries)	₹9.9 L/yr - ₹12.7 L/yr 29% more
Quest Global Senior Cost Engineer Salary 5 - 7 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr 25% less
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Caresoft Global Senior Cost Engineer Salary 6 - 8 years exp. (20 salaries)	₹4.5 L/yr - ₹9 L/yr 30% less
Lear Corporation Senior Cost Engineer Salary 5 - 9 years exp. (10 salaries)	₹6.5 L/yr - ₹11.4 L/yr 11% more
Sobha Senior Cost Engineer Salary 3 - 7 years exp. (9 salaries)	₹3.3 L/yr - ₹4.6 L/yr 52% less

Senior Cost Engineer salary at L&T Technology Services ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of L&T Technology Services.

Experience wise L&T Technology Services Senior Cost Engineer salaries

Last Updated: 3 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.8 L/yr
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7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.8 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
9 years (3 salaries)	₹10 L/yr - ₹10 L/yr

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Salary related reviews for L&T Technology Services

Technical Lead in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Salary I got was good I got hybrid work

Dislikes

2 months of bench and you will be put on loss of pay from 3rd month. No WFH on bench, during LOP also you have to come to office. Bench is horrible, projects will block you for weeks and you'll be not able to give interview for other projects and after that they will release you and your bench period will be wasted. Old mnc culture still manager's are in old decade. Get as much as hike you can get, very less hike Very less projects for Hyderabad in development role

Skill development - Poor

+2 more

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 01 Feb 2025

1.0

for Salary and Benefits

Likes

Timely salary

Dislikes

They don't have any projects. Most of the resources are on bench Higher management has no clue on the upcoming projects. They will randomly assign you to a project irrespective of whether your tech stack matches or not In name of appraisal they will not give more than 5% increment even if you have performed great and have won stellar (LTTS Internal award) I believe it's worst of all the MNCs

Salary - Bad

+5 more

Technical Lead in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Only salary comes on time .

Dislikes

...elationship. Banch period only for 2 months only even notice period is 3 month.. after 2 months banch period company will hold the salary. No job security. Increment is very poor even top performer increment in single digit. They are trying to work on weekends also.

Salary - Bad

+5 more

Senior Engineer in Vadodara

Full Time

Research & Development Department

1.0

• posted on 15 Jan 2025

1.0

for Salary and Benefits

Likes

They are paying salary on time and its mediclaim is really good.

Dislikes

Management never provide proper increment, No work life balance, It's desk job, Many senior employee has not practical knowledge of field, There is no salary Slab according to year of experience, Even employee have no work then also management can't relieve early during notice period. Leave policy is also not good. HR is never supporting.

Salary - Bad

+6 more

Senior Engineer in Chennai

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Once you switch from other company, you can demand and l&t will match the pay.

Job security - Excellent

Dislikes

No Wfh policy. Even they are not providing laptop itself, still giving desktop only. In this modern world technology, still providing desktop to work. Also working culture is average only. Even if your work can be done in Laptop, L&T is forcing employee to come to office.

Work satisfaction - Poor

+2 more

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L&T Technology Services Senior Cost Engineer Salary FAQs

What is the salary of Senior Cost Engineer at L&T Technology Services ?

The average salary of a Senior Cost Engineer at L&T Technology Services in India typically ranges from ₹7.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Senior Cost Engineer at L&T Technology Services earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Cost Engineer Salaries at L&T Technology Services 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 L&T Technology Services employees in India.

What is the estimated take home salary of a Senior Cost Engineer at L&T Technology Services in India?

The estimated take-home salary of a Senior Cost Engineer at L&T Technology Services in India typically ranges from ₹62,294 to ₹63,876 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 L&T Technology Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Technology Services for Senior Cost Engineer in India?

Bosch Global Software Technologies	₹9.9 Lakhs to ₹12.7 Lakhs per year
Lear Corporation	₹6.5 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T Technology Services, depending on the role and experience level.

What is the salary of a Senior Cost Engineer in companies similar to L&T Technology Services in India?

The salary of a Senior Cost Engineer at companies similar to L&T Technology Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Quest Global	₹5.4 Lakhs to ₹8.0 Lakhs per year
Caresoft Global	₹4.5 Lakhs to ₹9.0 Lakhs per year
Sobha	₹3.3 Lakhs to ₹4.6 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 Senior Cost Engineer at L&T Technology Services in India?

The salary growth for a Senior Cost Engineer at L&T Technology Services depends on factors such as experience, performance, and promotions. On average, a Senior Cost Engineer can expect the following growth trajectory at L&T Technology Services:

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹7.0 Lakhs per year
6 years	₹7.5 Lakhs to ₹13.8 Lakhs per year
7 years	₹7.6 Lakhs to ₹9.8 Lakhs per year
8 years	₹3.7 Lakhs to ₹10.0 Lakhs per year

and so on.

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L&T Technology Services Senior Cost Engineer Salaries

L&T Technology Services Senior Cost Engineer salary in India ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 L&T Technology Services latest salaries received from various employees of L&T Technology Services.