Lakshmi Machine Works Coimbatore Manager new Product Development Salaries by Employees (Updated 2024)

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₹16.2 Lakhs - ₹20.7 Lakhs

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Last Updated: 8 Mar 2023

Companies similar to Lakshmi Machine Works for Manager new Product Development in Coimbatore

Lakshmi Machine Works Manager new Product Development Salary

20 years exp. (AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Sandfits Foundries Manager new Product Development Salary 15 - 17 years exp. (3 salaries)	₹20.3 L/yr - ₹25.9 L/yr 21% more
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Bull Agro Implements Manager new Product Development Salary 10 - 13 years exp. (3 salaries)	₹7.6 L/yr - ₹9.7 L/yr 55% less

Manager new Product Development salary at Lakshmi Machine Works ranges between ₹16.2 Lakhs to ₹20.7 Lakhs per year for employees with 20 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Lakshmi Machine Works.

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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.

see more salary related reviews

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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 Manager new Product Development Salaries in Coimbatore

Lakshmi Machine Works Manager new Product Development salary in Coimbatore ranges between ₹16.2 Lakhs to ₹20.7 Lakhs. This is an estimate based on latest salaries received from employees of Lakshmi Machine Works.

Lakshmi Machine Works Manager new Product Development salaries in Coimbatore

Companies similar to Lakshmi Machine Works for Manager new Product Development 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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