Lakshmi Machine Works CNC Setter Salaries by 4 Employees

1 - 2 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

21% less than the average CNC Setter Salary in Industrial Machinery Companies for 1 - 2 years of experience

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Last Updated: 21 Aug 2024

Companies similar to Lakshmi Machine Works for CNC Setter

Company name	Avg Annual Salary	Open Jobs
C.R.I. Pumps CNC Setter Salary 1 - 3 years exp. (5 salaries)	₹1 L/yr - ₹3 L/yr 26% less
Sigma Electric Manufacturing Corporation CNC Setter Salary 1 - 3 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr 5% less
Login to view exact salary
Shivam Autotech CNC Setter Salary 1 - 12 years exp. (30 salaries)	₹1.8 L/yr - ₹3.6 L/yr 20% more
Maini Precision Products CNC Setter Salary 2 - 10 years exp. (27 salaries)	₹2 L/yr - ₹5 L/yr 71% more
Micro Turners CNC Setter Salary 0 - 10 years exp. (19 salaries)	₹1.3 L/yr - ₹4 L/yr 5% more

CNC Setter salary at Lakshmi Machine Works ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works CNC Setter salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in Lakshmi Machine Works

CNC Operator Salary

(18 salaries)

₹1.3 L/yr - ₹2.4 L/yr

ITI Fitter Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Fitter Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Operator Salary

(5 salaries)

₹1.35 L/yr - ₹2 L/yr

Trainee Salary

(19 salaries)

₹1.5 L/yr - ₹2.9 L/yr

Supervisor Salary

(8 salaries)

₹2 L/yr - ₹3 L/yr

Technician Salary

(123 salaries)

₹2 L/yr - ₹5.25 L/yr

Electrician Salary

(3 salaries)

₹2 L/yr - ₹2.15 L/yr

Machine Operator Salary

(10 salaries)

₹1 L/yr - ₹2.4 L/yr

ITI Electrician Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Lakshmi Machine Works

5.0

Rated by 1 employees for salary & benefits

CNC Operator in CBE Arasur (po) Thenampalaya

Full Time

Other Department

4.0

• posted on 15 May 2022

1.0

for Salary and Benefits

Likes

Iam Very proud to say work in lmw . teammates are supportive and helpful good atmosphere & environment

Dislikes

Comparing to other companies our company salary is good ,but that is not fullfill . management staff and op are not United career growth is slow on the job training is not given to new joiness

Salary - Bad

+2 more

Technician in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

5.0

• posted on 25 Apr 2022

1.0

for Salary and Benefits

Likes

Good work experience ,self knowladge gaine ,good team work .

Skill development - Excellent

+2 more

Dislikes

Suervesors & managers parcialitys,employees problems no facing , Demotiveted for all emplees for own purpose of self cridites values, no one motivated for next stage ,salary brobelm no consider for supevesor and managers including hr team also.7years experienc but i have technician grade that was dislike .salary almost 20000rs only yhat is dislike.

Salary - Bad

+3 more

Operator in Coimbatore

Financial Department

5.0

• posted on 05 Nov 2020

5.0

for Salary and Benefits

Likes

...ning areas . They followed all the rules that are stated by govt of Tamil Nadu . Salary packages are at expected level

Salary - Excellent

+5 more

Dislikes

Work satisfaction - Bad

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

Purchase Engineer in Coimbatore

Full Time

Procurement & Supply Chain Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

No positives

Promotions - Good

Dislikes

...agers frequently bothering even during medical leave due to system shortcomings. High attrition rates plague SCM, exacerbated by attractive salary offers that ultimately lead to rapid resignations due to this culture less working environment. Prospective employees are requested to thoroughly investigate before joining or don't consider this organization.

Skill development - Bad

+3 more

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Lakshmi Machine Works CNC Setter Salary FAQs

What is the salary of CNC Setter at Lakshmi Machine Works ?

The average salary of a CNC Setter at Lakshmi Machine Works in India typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of CNC Setter at Lakshmi Machine Works earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. CNC Setter Salaries at Lakshmi Machine Works 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 4 Lakshmi Machine Works employees in India.

What is the estimated take home salary of a CNC Setter at Lakshmi Machine Works in India?

The estimated take-home salary of a CNC Setter at Lakshmi Machine Works in India typically ranges from ₹14,867 to ₹16,423 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 2 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 4 salaries received from various employees of Lakshmi Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lakshmi Machine Works for CNC Setter in India?

Maini Precision Products	₹2.0 Lakhs to ₹5.0 Lakhs per year
Shivam Autotech	₹1.8 Lakhs to ₹3.6 Lakhs per year
Micro Turners	₹1.3 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a CNC Setter in companies similar to Lakshmi Machine Works in India?

The salary of a CNC Setter at companies similar to Lakshmi Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sigma Electric Manufacturing Corporation	₹1.9 Lakhs to ₹2.3 Lakhs per year
C.R.I. Pumps	₹1.0 Lakhs to ₹3.0 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 CNC Setter at Lakshmi Machine Works in India?

The salary growth for a CNC Setter at Lakshmi Machine Works depends on factors such as experience, performance, and promotions. On average, a CNC Setter can expect the following growth trajectory at Lakshmi Machine Works:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Lakshmi Machine Works CNC Setter Salaries

Lakshmi Machine Works CNC Setter salary in India ranges between ₹1.8 Lakh to ₹2.5 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.