Lakshmi Machine Works Coimbatore R&D Engineer Salaries by 10+ Employees (Updated 2024)

0 - 8 years exp.

₹4 Lakhs - ₹8 Lakhs

Salary of majority employees

60% more than the average R&D Engineer Salary in Industrial Machinery Companies for 0 - 8 years of experience

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Last Updated: 16 Aug 2024

Companies similar to Lakshmi Machine Works for R&D Engineer in Coimbatore

Lakshmi Machine Works R&D Engineer Salary

0 - 8 years exp. (11 salaries)

₹4 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
L.G.Balakrishnan & Bros R&D Engineer Salary 1 - 7 years exp. (21 salaries)	₹2.2 L/yr - ₹4.6 L/yr 40% less
Salzer Electronics R&D Engineer Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹3.6 L/yr 61% less
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Trident Pneumatics R&D Engineer Salary 0 - 5 years exp. (15 salaries)	₹1.6 L/yr - ₹5 L/yr 52% less
Premier Evolvics R&D Engineer Salary 2 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹4.5 L/yr 33% less
Bull Machines R&D Engineer Salary 3 - 6 years exp. (7 salaries)	₹4 L/yr - ₹6 L/yr 14% less	1 job opening

R&D Engineer salary at Lakshmi Machine Works ranges between ₹4 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works R&D Engineer salaries in Coimbatore

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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2 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
3 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹10.2 L/yr
4 years (3 salaries)	₹4.5 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹8 L/yr

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Similar Designation salaries in Lakshmi Machine Works

Senior Engineer Salary

(203 salaries)

₹4.7 L/yr - ₹11 L/yr

Design Engineer Salary

(85 salaries)

₹2 L/yr - ₹7.88 L/yr

Deputy Manager Salary

(41 salaries)

₹9 L/yr - ₹17.5 L/yr

Junior Engineer Salary

(15 salaries)

₹2 L/yr - ₹3 L/yr

Officer Salary

(11 salaries)

₹5.5 L/yr - ₹10 L/yr

Project Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Chemist Salary

(3 salaries)

₹2.9 L/yr - ₹2.9 L/yr

Top skills at Lakshmi Machine Works for R&D Engineer

VMC NPD Design Heavy Machinery CNC Development Design Engineering R&D Research

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.

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.

Dislikes

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

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.

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.

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

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.

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Lakshmi Machine Works R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Lakshmi Machine Works Coimbatore?

R&D Engineer salary at Lakshmi Machine Works in Coimbatore ranges between ₹4.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 60% more than the average R&D Engineer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Lakshmi Machine Works Coimbatore.

How does the salary of a R&D Engineer at Lakshmi Machine Works Coimbatore compare with the average salary range for this job?

The average salary of a R&D Engineer at Lakshmi Machine Works is 60% more than the average salary of a R&D Engineer in Coimbatore. To know exact salary insights, login to view.

What are the top skills required to work as a R&D Engineer at Lakshmi Machine Works?

VMC, NPD, Design, Heavy Machinery and CNC are some of the popular skills required to work as a R&D Engineer at Lakshmi Machine Works Coimbatore.

What is the salary of a R&D Engineer in companies similar to Lakshmi Machine Works in Coimbatore?

Bull Machines R&D Engineer Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
Premier Evolvics R&D Engineer Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
L.G.Balakrishnan & Bros R&D Engineer Salary - ₹2.2 Lakhs to ₹4.6 Lakhs per year
Trident Pneumatics R&D Engineer Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
Salzer Electronics R&D Engineer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a R&D Engineer at Lakshmi Machine Works in Coimbatore?

The estimated take-home salary of a R&D Engineer at Lakshmi Machine Works ranges between ₹44,974 per month to ₹46,065 per month in Coimbatore. The take-home salary calculation is based on the average Lakshmi Machine Works R&D Engineer salary in India which ranges between ₹4.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for R&D Engineer at Lakshmi Machine Works in Coimbatore?

According to AmbitionBox, 57% of the Lakshmi Machine Works R&D Engineers in Coimbatore reported a notice period of 3 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works R&D Engineer Salaries in Coimbatore

Lakshmi Machine Works R&D Engineer salary in Coimbatore ranges between ₹4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.