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Lakshmi Machine Works

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4.0

based on 737 Reviews

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Lakshmi Machine Works Mould Design Engineer salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹2.3 Lakhs - ₹2.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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26% less than the average Mould Design Engineer Salary in Industrial Machinery Companies for 1 - 3 years of experience

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Last Updated: 21 Mar 2024

Companies similar to Lakshmi Machine Works for Mould Design Engineer in Bangalore / Bengaluru

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Lakshmi Machine Works Mould Design Engineer Salary

1 - 3 years exp. (3 salaries)
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₹2.3 L/yr - ₹2.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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YBM Technocraft Mould Design Engineer Salary

1 - 4 years exp. (3 salaries)
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₹2.2 L/yr - ₹3 L/yr

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Spectrum Tool Engineers Mould Design Engineer Salary

3 - 6 years exp. (3 salaries)
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₹3.2 L/yr - ₹4 L/yr

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Mould Design Engineer salary at Lakshmi Machine Works ranges between ₹2.3 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Lakshmi Machine Works.

Latest annual salaries shared by Lakshmi Machine Works Mould Design Engineer in Bangalore / Bengaluru

9mo ago
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3 years exp.
9mo ago
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2 years exp.
1y ago
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1 year exp.

Experience wise Lakshmi Machine Works Mould Design Engineer salaries in Bangalore / Bengaluru

Last Updated: 21 Mar 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in Lakshmi Machine Works

Design Engineer Salary
(7 salaries)
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₹2.5 L/yr - ₹6.65 L/yr

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.

read more

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.

read more

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.

read more

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 😂😂😂

read more

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.

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2w
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 Mould Design Engineer Salary FAQs

What is the notice period for Mould Design Engineer at Lakshmi Machine Works in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the Lakshmi Machine Works Mould Design Engineers in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works Mould Design Engineer salary in Bangalore / Bengaluru ranges between ₹2.3 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.