Lakshmi Machine Works Chennai Engineer Salaries by 7 Employees

2 - 10 years exp.

₹4.1 Lakhs - ₹6.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Engineer Salary in Industrial Machinery Companies for 2 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Engineer Salary 2 - 10 years exp. (3 salaries)	₹4.1 L/yr - ₹6.6 L/yr
Research & Development Engineer Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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Procurement & Supply Chain Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.2 L/yr

Last Updated: 20 Feb 2024

Companies similar to Lakshmi Machine Works for Engineer in Chennai

Lakshmi Machine Works Engineer Salary

2 - 10 years exp. (7 salaries)

₹4.1 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Flowserve Engineer Salary 2 - 11 years exp. (32 salaries)	₹3 L/yr - ₹13.6 L/yr 31% more	9 job openings
EMERSON PROCESS MANAGEMENT Engineer Salary 0 - 9 years exp. (27 salaries)	₹2 L/yr - ₹8.8 L/yr At par
Login to view exact salary
Danfoss Industries Engineer Salary 1 - 10 years exp. (11 salaries)	₹5.2 L/yr - ₹12.5 L/yr 88% more
Wipro Infrastructure Engineering Engineer Salary 1 - 8 years exp. (11 salaries)	₹2.7 L/yr - ₹6.1 L/yr 26% less
TechnipFMC Engineer Salary 1 - 6 years exp. (10 salaries)	₹6 L/yr - ₹10.9 L/yr 49% more
Isgec Heavy Engineering Engineer Salary 3 - 11 years exp. (8 salaries)	₹5 L/yr - ₹7.8 L/yr 9% more
Thermax Limited Engineer Salary 3 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹4.8 L/yr 25% less
Netafim Irrigation India Engineer Salary 2 - 10 years exp. (6 salaries)	₹2.3 L/yr - ₹4.6 L/yr 31% less
Gmmco Engineer Salary 3 - 8 years exp. (4 salaries)	₹3.7 L/yr - ₹4.5 L/yr 27% less
TÜV SÜD Engineer Salary 4 - 7 years exp. (3 salaries)	₹3.9 L/yr - ₹5.3 L/yr 17% less	1 job opening

Engineer salary at Lakshmi Machine Works ranges between ₹4.1 Lakhs to ₹6.2 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Engineer salaries in Chennai

Last Updated: 20 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
8 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr

View all

From

Engineer

₹

Lakhs/yr

2 - 10 years exp.

Assistant Manager

₹

Lakhs/yr

8 - 19 years exp.

Engineer 2 - 10 years exp.

Senior Engineer 4 - 13 years exp.

38% hike

Assistant Manager 8 - 19 years exp.

32% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Lakshmi Machine Works

Senior Engineer Salary

(9 salaries)

₹7.05 L/yr - ₹9.85 L/yr

Service Engineer Salary

(4 salaries)

₹4.5 L/yr - ₹6.6 L/yr

Top skills at Lakshmi Machine Works for Engineer

PLM Teamcenter New Product Development Power Transmission Cost Reduction QC Tools

Salary related reviews for Lakshmi Machine Works

4.0

Rated by 2 employees for salary & benefits

Engineer in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 12 Feb 2023

4.0

for Salary and Benefits

Likes

Salary and Other supports by the management are Highlights.

Salary - Good

+1 more

Dislikes

Employees will show every day that its a naidu concern. They don't worry about the communication. How worst is they talk in telegu in a meeting , even team things inside the team.

Skill development - Poor

+3 more

Engineer in Coimbatore

PRODUCT DEVELOPMENT Department

3.0

• posted on 10 May 2018

2.0

for Salary and Benefits

Likes

i would prefer Lakshmi machine works for more than 10 yrs experience candidate, because the compensation & Benefits is too bad for less experience candidate SPECIFICALLY IN LMW UNIT 5 (Advanced Technology center).

Job security - Good

+1 more

Dislikes

WORST COMPENSATION, and 5 yrs agreement for freshers

Salary - Poor

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

Senior Engineer in Pune

Customer Service Department Department

4.0

• posted on 21 Dec 2019

3.0

for Salary and Benefits

Likes

Colleagues here are helpful and good to work with, you can learn a lot and gain vital experience. Company has good credit and one of the prominent names in the industry.

Skill development - Good

+1 more

Dislikes

Growth is slow, compensation and increments are also average. Managers don’t value suggestions, laid back attitude.

Promotions - Poor

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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lakshmi Machine Works Engineer Salary FAQs

What is the salary of Engineer at Lakshmi Machine Works in Chennai?

The average salary of a Engineer at Lakshmi Machine Works in Chennai typically ranges from ₹4.1 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Engineer in Chennai at Lakshmi Machine Works earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Engineer 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 7 Lakshmi Machine Works employees in India.

What is the estimated take home salary of a Engineer at Lakshmi Machine Works in Chennai?

The estimated take-home salary of a Engineer at Lakshmi Machine Works in Chennai typically ranges from ₹44,913 to ₹46,005 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 2 years to 10 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 7 salaries received from various employees of Lakshmi Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Engineer at Lakshmi Machine Works in Chennai?

To be a Engineer at Lakshmi Machine Works in Chennai, the key skills required include:

- PLM Teamcenter
- New Product Development
- Power Transmission
- Cost Reduction
- QC Tools

These skills are highly valued at Lakshmi Machine Works and are crucial for successful performance in a Software Engineering role.

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

Danfoss Industries	₹5.2 Lakhs to ₹12.5 Lakhs per year
TechnipFMC	₹6.0 Lakhs to ₹10.9 Lakhs per year
Flowserve	₹3.0 Lakhs to ₹13.6 Lakhs per year
Isgec Heavy Engineering	₹5.0 Lakhs to ₹7.8 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹2.0 Lakhs to ₹8.8 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 Engineer in companies similar to Lakshmi Machine Works in Chennai?

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

TÜV SÜD	₹3.9 Lakhs to ₹5.3 Lakhs per year
Thermax Limited	₹2.4 Lakhs to ₹4.8 Lakhs per year
Wipro Infrastructure Engineering	₹2.7 Lakhs to ₹6.1 Lakhs per year
Gmmco	₹3.7 Lakhs to ₹4.5 Lakhs per year
Netafim Irrigation India	₹2.3 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 Engineer at Lakshmi Machine Works in Chennai?

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

Experience	Average Salary Range
2 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
3 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
4 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
5 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Lakshmi Machine Works Engineer Salaries in Chennai

Lakshmi Machine Works Engineer salary in Chennai ranges between ₹4.1 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.