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. (30 salaries)	₹12 L/yr - ₹29 L/yr 52% 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

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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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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.