Lakshmi Machine Works Assistant Manager - R&D Salaries by 4 Employees (Updated 2025)

10 - 17 years exp.

₹10.5 Lakhs - ₹17.2 Lakhs

Low Confidence

Salary of majority employees

41% more than the average Assistant Manager - R&D Salary in Industrial Machinery Companies for 10 - 17 years of experience

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Salaries in different departments

Research & Development Assistant Manager - R&D Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹17.2 L/yr
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Engineering - Software & QA Assistant Manager - R&D Salary 13 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 5 Sep 2024

Companies similar to Lakshmi Machine Works for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Assistant Manager - R&D Salary 8 - 12 years exp. (5 salaries)	₹8.8 L/yr - ₹15.5 L/yr 13% less
Kirloskar Brothers Assistant Manager - R&D Salary 2 - 10 years exp. (6 salaries)	₹5.5 L/yr - ₹6.8 L/yr 56% less
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Voltas Assistant Manager - R&D Salary 1 - 10 years exp. (9 salaries)	₹4.9 L/yr - ₹14 L/yr 27% less
Wipro Infrastructure Engineering Assistant Manager - R&D Salary 14 - 16 years exp. (3 salaries)	₹11.3 L/yr - ₹14.4 L/yr 11% less
Medha Servo Drives Assistant Manager - R&D Salary 8 - 12 years exp. (29 salaries)	₹12 L/yr - ₹29 L/yr 55% more

Assistant Manager - R&D salary at Lakshmi Machine Works ranges between ₹10.5 Lakhs to ₹17.2 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Assistant Manager - R&D salaries

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹19.3 L/yr
11 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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12 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
15+ years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17.2 L/yr

View all

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Salary related reviews for Lakshmi Machine Works

Senior Design Engineer in Coimbatore

Research & Development Department

1.0

• posted on 12 May 2022

1.0

for Salary and Benefits

Likes

Job is secured

Job security - Good

+1 more

Dislikes

1. Internal politics is more 2. Salary package is very low 3. Career growth after 5 years is NIL 4. Machine tool division unit current (2018-till date) HR does not know why he's in that position. He creates trouble for employees rather than solving.

Salary - Bad

+3 more

Design & Development Engineer in Coimbatore

Research & Development Department

1.0

• posted on 30 Apr 2021

1.0

for Salary and Benefits

Likes

Good colleagues.

Job security - Good

Dislikes

No yearly hike. Poor work life balance. No compensation at all even if you work on Sunday, or 2 shifts, Highly caste based company, Heavy politics, they don't know how to utilise young minds. Highly strict working hours.

Salary - Bad

+2 more

Design Engineer in Coimbatore

Research & Development Department

5.0

• posted on 25 Nov 2019

4.0

for Salary and Benefits

Likes

...UG degree holder will be great. Opportunity to learn & develop is high at start. Ontime salary, bonus, leave benefits are satisfactory. Employee welfare & work life balance is poor.

Salary - Good

+2 more

Dislikes

Employee welfare & work life balance is poor. High discrimination found. Work load among team is not equal.

Company culture - Poor

Mechanical Engg. Design in Coimbatore

Research & Development Department

2.0

• posted on 30 Apr 2021

2.0

for Salary and Benefits

Likes

Real core industry and huge opportunities for leaning. Highly skilled colleagues

Skill development - Good

+3 more

Dislikes

Complete pack of internal politics. Most people won’t work since fixed salary for every batch. I.e., people do zero work and 99% put hard work, both get same hike and salary 😂😂😂

Salary - Poor

+2 more

Technical Sales Engineer in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 06 Oct 2023

4.0

for Salary and Benefits

Likes

For sales and service traveling expenses are really good. New joiners gets attractive packages.

Salary - Good

+3 more

Dislikes

No value for old employees. Less appraisal. Salary of loyal employees will be very less compared to new joiners.

Skill development - Poor

+2 more

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Lakshmi Machine Works Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Lakshmi Machine Works?

Assistant Manager - R&D salary at Lakshmi Machine Works in India ranges between ₹10.5 Lakhs to ₹17.2 Lakhs for experience between 10 years to 17 years. According to our estimates it is 41% more than the average Assistant Manager - R&D Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works India.

How does the salary of a Assistant Manager - R&D at Lakshmi Machine Works India compare with the average salary range for this job?

The average salary of a Assistant Manager - R&D at Lakshmi Machine Works is 41% more than the average salary of a Assistant Manager - R&D in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lakshmi Machine Works to a Assistant Manager - R&D in India?

Medha Servo Drives Assistant Manager - R&D Salary - ₹12.0 Lakhs to ₹29.0 Lakhs per year

What is the salary of a Assistant Manager - R&D in companies similar to Lakshmi Machine Works in India?

Wipro Infrastructure Engineering Assistant Manager - R&D Salary - ₹11.3 Lakhs to ₹14.4 Lakhs per year
Thermax Limited Assistant Manager - R&D Salary - ₹8.8 Lakhs to ₹15.5 Lakhs per year
Voltas Assistant Manager - R&D Salary - ₹4.9 Lakhs to ₹14.0 Lakhs per year
Kirloskar Brothers Assistant Manager - R&D Salary - ₹5.5 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a Assistant Manager - R&D at Lakshmi Machine Works in India?

The estimated take-home salary of a Assistant Manager - R&D at Lakshmi Machine Works ranges between ₹97,958 per month to ₹1,00,614 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works Assistant Manager - R&D salary in India which ranges between ₹10.5 Lakhs to ₹17.2 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager - R&D at Lakshmi Machine Works?

According to AmbitionBox, 100% of the Lakshmi Machine Works Assistant Manager - R&Ds reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works Assistant Manager - R&D Salaries

Lakshmi Machine Works Assistant Manager - R&D salary in India ranges between ₹10.5 Lakhs to ₹17.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.