Lakshmi Machine Works Reliability Engineer Salaries by 6 Employees (Updated 2024)

0 - 6 years exp.

₹5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Reliability Engineer Salary in Industrial Machinery Companies for 0 - 6 years of experience

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Last Updated: 18 Aug 2024

Companies similar to Lakshmi Machine Works for Reliability Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Reliability Engineer Salary 0 - 7 years exp. (11 salaries)	₹3.3 L/yr - ₹6.7 L/yr 8% less
Wipro Reliability Engineer Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹5.2 L/yr 24% less
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HCLTech Reliability Engineer Salary 0 - 7 years exp. (16 salaries)	₹3.7 L/yr - ₹7.8 L/yr At par
Cummins Reliability Engineer Salary 1 - 6 years exp. (10 salaries)	₹4 L/yr - ₹11.5 L/yr 67% more
EMERSON PROCESS MANAGEMENT Reliability Engineer Salary 5 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹7.2 L/yr 21% more

Reliability Engineer salary at Lakshmi Machine Works ranges between ₹5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Reliability Engineer salaries

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.5 L/yr

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Similar Designation salaries in Lakshmi Machine Works

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Senior Engineer Salary

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Service Engineer Salary

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₹3.35 L/yr - ₹8.37 L/yr

Assistant Engineer Salary

(48 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Electrical Engineer Salary

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₹2.4 L/yr - ₹7.2 L/yr

Production Engineer Salary

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₹1.05 L/yr - ₹7.2 L/yr

Project Engineer Salary

(3 salaries)

₹5 L/yr - ₹5.5 L/yr

Junior Engineer Salary

(20 salaries)

₹1.8 L/yr - ₹3 L/yr

Maintenance Engineer Salary

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₹2.1 L/yr - ₹6 L/yr

Senior Service Engineer Salary

(4 salaries)

₹6.6 L/yr - ₹9 L/yr

Top skills at Lakshmi Machine Works for Reliability Engineer

Fmea Cost Reduction Failure Analysis Reliability Engineering Root Cause Analysis

Salary related reviews for Lakshmi Machine Works

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 .

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.

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.

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.

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.

Dislikes

Salary, work life balance and very worst culture

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Salary Discussions, Hike & Promotions

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 Reliability Engineer Salary FAQs

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

Reliability Engineer salary at Lakshmi Machine Works in India ranges between ₹5.0 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 46% less than the average Reliability Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Machine Works India.

How does the salary of a Reliability Engineer at Lakshmi Machine Works India compare with the average salary range for this job?

The average salary of a Reliability Engineer at Lakshmi Machine Works is 46% less than the average salary of a Reliability Engineer in India. To know exact salary insights, login to view.

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

Fmea, Cost Reduction, Failure Analysis, Reliability Engineering and Root Cause Analysis are some of the popular skills required to work as a Reliability Engineer at Lakshmi Machine Works India.

Which similar companies are paying more than Lakshmi Machine Works to a Reliability Engineer in India?

Cummins Reliability Engineer Salary - ₹4.0 Lakhs to ₹11.5 Lakhs per year
EMERSON PROCESS MANAGEMENT Reliability Engineer Salary - ₹5.5 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Reliability Engineer in companies similar to Lakshmi Machine Works in India?

HCLTech Reliability Engineer Salary - ₹3.7 Lakhs to ₹7.8 Lakhs per year
TCS Reliability Engineer Salary - ₹3.3 Lakhs to ₹6.7 Lakhs per year
Wipro Reliability Engineer Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year

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

The estimated take-home salary of a Reliability Engineer at Lakshmi Machine Works ranges between ₹38,494 per month to ₹39,682 per month in India. The take-home salary calculation is based on the average Lakshmi Machine Works Reliability Engineer salary in India which ranges between ₹5.0 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Reliability Engineer at Lakshmi Machine Works?

According to AmbitionBox, 100% of the Lakshmi Machine Works Reliability Engineers reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Lakshmi Machine Works Reliability Engineer Salaries

Lakshmi Machine Works Reliability Engineer salary in India ranges between ₹5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.