Lakshmi Machine Works Machine Shop Engineer Salaries by 4 Employees

0 - 3 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

36% less than the average Machine Shop Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Machine Shop Engineer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Engineering - Hardware & Networks Machine Shop Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 18 Aug 2024

Companies similar to Lakshmi Machine Works for Machine Shop Engineer

Company name	Avg Annual Salary	Open Jobs
Sigma Electric Manufacturing Corporation Machine Shop Engineer Salary 1 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹1.6 L/yr 33% less
Asb International Machine Shop Engineer Salary 3 - 9 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 58% more
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Isgec Heavy Engineering Machine Shop Engineer Salary 9 - 12 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 210% more
Flowserve Machine Shop Engineer Salary 12 - 16 years exp. (4 salaries)	₹12 L/yr - ₹15 L/yr 511% more
Cummins Machine Shop Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹3.2 L/yr At par
C.R.I. Pumps Machine Shop Engineer Salary 1 - 12 years exp. (3 salaries)	₹1.1 L/yr - ₹3.5 L/yr 20% more

Machine Shop Engineer salary at Lakshmi Machine Works ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Machine Shop Engineer salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Lakshmi Machine Works

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(13 salaries)

₹2 L/yr - ₹8.5 L/yr

Mechanical Engineer Salary

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₹1 L/yr - ₹7.25 L/yr

Senior Engineer Salary

(241 salaries)

₹4.7 L/yr - ₹11 L/yr

Service Engineer Salary

(78 salaries)

₹3.82 L/yr - ₹8.88 L/yr

Junior Engineer Salary

(19 salaries)

₹1.8 L/yr - ₹3 L/yr

Assistant Engineer Salary

(44 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Process Engineer Salary

(6 salaries)

₹3 L/yr - ₹7.16 L/yr

Quality Engineer Salary

(51 salaries)

₹1.7 L/yr - ₹7.51 L/yr

Production Engineer Salary

(37 salaries)

₹1.05 L/yr - ₹7.55 L/yr

Project Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Salary related reviews for Lakshmi Machine Works

Rated by 1 employees for salary & benefits

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

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

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

86 participants . expiring in 3d

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Lakshmi Machine Works Machine Shop Engineer Salary FAQs

What is the salary of Machine Shop Engineer at Lakshmi Machine Works ?

The average salary of a Machine Shop Engineer at Lakshmi Machine Works in India typically ranges from ₹1.5 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 3 years).

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

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

The estimated take-home salary of a Machine Shop Engineer at Lakshmi Machine Works in India typically ranges from ₹15,586 to ₹17,204 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 Machine Shop Engineer in India?

Flowserve	₹12.0 Lakhs to ₹15.0 Lakhs per year
Isgec Heavy Engineering	₹5.0 Lakhs to ₹8.5 Lakhs per year
Asb International	₹3.2 Lakhs to ₹5.0 Lakhs per year
C.R.I. Pumps	₹1.1 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 Machine Shop Engineer in companies similar to Lakshmi Machine Works in India?

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

Cummins	₹1.5 Lakhs to ₹3.2 Lakhs per year
Sigma Electric Manufacturing Corporation	₹1.5 Lakhs to ₹1.6 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 Machine Shop Engineer at Lakshmi Machine Works in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Lakshmi Machine Works Machine Shop Engineer Salaries

Lakshmi Machine Works Machine Shop Engineer salary in India ranges between ₹1.5 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.