Lakshmi Machine Works Coimbatore Assistant Manager - R&D Salaries by 4 Employees (Updated 2024)

10 - 17 years exp.

₹10.5 Lakhs - ₹17.2 Lakhs

Salary of majority employees

70% 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 in Coimbatore

Lakshmi Machine Works Assistant Manager - R&D Salary

10 - 17 years exp. (4 salaries)

₹10.5 L/yr - ₹17.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Ampere Vehicles Assistant Manager - R&D Salary 6 - 11 years exp. (6 salaries)	₹6 L/yr - ₹7.6 L/yr 54% less
Bull Machines Assistant Manager - R&D Salary 5 - 11 years exp. (5 salaries)	₹4.8 L/yr - ₹8.6 L/yr 55% less
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L.G.Balakrishnan & Bros Assistant Manager - R&D Salary 12 - 17 years exp. (3 salaries)	₹6.5 L/yr - ₹7.3 L/yr 53% less
Orange Sorting Machines Assistant Manager - R&D Salary 11 - 15 years exp. (3 salaries)	₹9.2 L/yr - ₹11.1 L/yr 32% less
Coromandel International Assistant Manager - R&D Salary 8 - 9 years exp. (3 salaries)	₹6.1 L/yr - ₹11 L/yr 35% less

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 in Coimbatore

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
13 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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15+ years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 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

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.

Design & Development Engineer in Coimbatore

Research & Development Department

1.0

• posted on 30 Apr 2021

1.0

for Salary and Benefits

Likes

Good colleagues.

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.

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.

Dislikes

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

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

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 😂😂😂

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.

Dislikes

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

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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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Lakshmi Machine Works Assistant Manager - R&D Salary FAQs

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

Assistant Manager - R&D salary at Lakshmi Machine Works in Coimbatore ranges between ₹10.5 Lakhs to ₹17.2 Lakhs for experience between 10 years to 17 years. According to our estimates it is 70% 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 Coimbatore.

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

The average salary of a Assistant Manager - R&D at Lakshmi Machine Works is 70% more than the average salary of a Assistant Manager - R&D in Coimbatore. To know exact salary insights, login to view.

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

Orange Sorting Machines Assistant Manager - R&D Salary - ₹9.2 Lakhs to ₹11.1 Lakhs per year
Coromandel International Assistant Manager - R&D Salary - ₹6.1 Lakhs to ₹11.0 Lakhs per year
L.G.Balakrishnan & Bros Assistant Manager - R&D Salary - ₹6.5 Lakhs to ₹7.3 Lakhs per year
Ampere Vehicles Assistant Manager - R&D Salary - ₹6.0 Lakhs to ₹7.6 Lakhs per year
Bull Machines Assistant Manager - R&D Salary - ₹4.8 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager - R&D at Lakshmi Machine Works ranges between ₹1,00,902 per month to ₹1,03,652 per month in Coimbatore. 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 in Coimbatore?

According to AmbitionBox, 67% of the Lakshmi Machine Works Assistant Manager - R&Ds in Coimbatore reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works Assistant Manager - R&D Salaries in Coimbatore

Lakshmi Machine Works Assistant Manager - R&D salary in Coimbatore 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.

Lakshmi Machine Works Assistant Manager - R&D salaries in Coimbatore

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

Latest annual salaries shared by Lakshmi Machine Works Assistant Manager - R&D in Coimbatore

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

Similar Designation salaries in Lakshmi Machine Works

Salary related reviews for Lakshmi Machine Works

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Design & Development Engineer in Coimbatore

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Mechanical Engg. Design in Coimbatore

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Lakshmi Machine Works Assistant Manager - R&D Salary FAQs

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