Lakshmi Machine Works Graduate Apprentice Salaries by 4 Employees

1 - 2 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Graduate Apprentice Salary in Industrial Machinery Companies for 1 - 2 years of experience

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Last Updated: 17 Dec 2024

Companies similar to Lakshmi Machine Works for Graduate Apprentice

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Graduate Apprentice Salary 0 - 1 year exp. (3 salaries)	₹2.9 L/yr - ₹3.5 L/yr 40% more
Bosch Graduate Apprentice Salary 0 - 1 year exp. (84 salaries)	₹4 L/yr - ₹4.5 L/yr 100% more
Login to view exact salary
Bharat Electronics Graduate Apprentice Salary 0 - 1 year exp. (45 salaries)	₹0.6 L/yr - ₹5 L/yr 6% less
Bharat Petroleum Graduate Apprentice Salary 0 - 2 years exp. (38 salaries)	₹2.2 L/yr - ₹3.5 L/yr 36% more
Renault-Nissan Graduate Apprentice Salary 0 - 2 years exp. (24 salaries)	₹1.1 L/yr - ₹2.9 L/yr 15% less

Graduate Apprentice salary at Lakshmi Machine Works ranges between ₹2 Lakhs 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 Graduate Apprentice salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Lakshmi Machine Works

Graduate Engineer Salary

(4 salaries)

₹4 L/yr - ₹4.5 L/yr

Graduate Apprenticeship Trainee Salary

(4 salaries)

₹1.9 L/yr - ₹4 L/yr

Production Supervisor Salary

(5 salaries)

₹2.04 L/yr - ₹5.47 L/yr

Production Engineer Salary

(37 salaries)

₹1.05 L/yr - ₹7.55 L/yr

Quality Inspector Salary

(14 salaries)

₹1 L/yr - ₹3.1 L/yr

Trainee Salary

(19 salaries)

₹1.5 L/yr - ₹2.9 L/yr

Quality Engineer Salary

(51 salaries)

₹1.7 L/yr - ₹7.51 L/yr

Deputy Manager Salary

(44 salaries)

₹9 L/yr - ₹17.5 L/yr

Project Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Maintenance Engineer Salary

(13 salaries)

₹2 L/yr - ₹8.5 L/yr

Salary related reviews for Lakshmi Machine Works

4.0

Rated by 1 employees for salary & benefits

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

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

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

System Incharge in Coimbatore

Full Time

Engineering - Software & QA Department

3.0

• posted on 30 Dec 2022

2.0

for Salary and Benefits

Likes

Ya best company to work but the one below management is very very poor. Can learn lot of things and can take the product owner ship but work life balance is very worst in the present management. And need to work only for one person in the company not for the betterment of company growth. And work life balance is very very very poor.

Skill development - Good

Dislikes

Salary, work life balance and very worst culture

Salary - Poor

+4 more

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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 Graduate Apprentice Salary FAQs

What is the salary of Graduate Apprentice at Lakshmi Machine Works ?

The average salary of a Graduate Apprentice at Lakshmi Machine Works in India typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Graduate Apprentice at Lakshmi Machine Works earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Graduate Apprentice 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 Graduate Apprentice at Lakshmi Machine Works in India?

The estimated take-home salary of a Graduate Apprentice at Lakshmi Machine Works in India typically ranges from ₹15,330 to ₹16,926 per month. This is based on the average salary range of ₹2.0 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 Graduate Apprentice in India?

Bosch	₹4.0 Lakhs to ₹4.5 Lakhs per year
Thermax Limited	₹2.9 Lakhs to ₹3.5 Lakhs per year
Bharat Petroleum	₹2.2 Lakhs to ₹3.5 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 Graduate Apprentice in companies similar to Lakshmi Machine Works in India?

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

Bharat Electronics	₹0.6 Lakhs to ₹5.0 Lakhs per year
Renault-Nissan	₹1.1 Lakhs to ₹2.9 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 Graduate Apprentice at Lakshmi Machine Works in India?

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

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Lakshmi Machine Works Graduate Apprentice Salaries

Lakshmi Machine Works Graduate Apprentice salary in India ranges between ₹2 Lakhs 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.