Lakshmi Machine Works Senior R&D Engineer Salaries by 7 Employees

2 - 14 years exp.

₹6 Lakhs - ₹7.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

57% less than the average Senior R&D Engineer Salary in Industrial Machinery Companies for 2 - 14 years of experience

Interested in this particular role?

Last Updated: 22 Dec 2024

Companies similar to Lakshmi Machine Works for Senior R&D Engineer

Company name	Avg Annual Salary	Open Jobs
ABB Senior R&D Engineer Salary 5 - 13 years exp. (191 salaries)	₹9.6 L/yr - ₹33.3 L/yr 227% more	3 job openings
Cummins Senior R&D Engineer Salary 4 - 9 years exp. (4 salaries)	₹15 L/yr - ₹27 L/yr 190% more
Login to view exact salary
Synopsys Senior R&D Engineer Salary 2 - 7 years exp. (103 salaries)	₹15 L/yr - ₹40 L/yr 254% more	1 job opening
Tejas Networks Senior R&D Engineer Salary 2 - 6 years exp. (68 salaries)	₹8.9 L/yr - ₹28.5 L/yr 165% more
Medha Servo Drives Senior R&D Engineer Salary 0 - 7 years exp. (39 salaries)	₹6.6 L/yr - ₹15 L/yr 55% more

Senior R&D Engineer salary at Lakshmi Machine Works ranges between ₹6 Lakhs to ₹7.1 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Senior R&D Engineer salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Lakshmi Machine Works

Senior Engineer Salary

(241 salaries)

₹4.7 L/yr - ₹11 L/yr

Senior Design Engineer Salary

(81 salaries)

₹5 L/yr - ₹9.5 L/yr

Junior Engineer Salary

(19 salaries)

₹1.8 L/yr - ₹3 L/yr

Senior Software Engineer Salary

(4 salaries)

₹7.2 L/yr - ₹8.7 L/yr

Junior Design Engineer Salary

(3 salaries)

₹1 L/yr - ₹2 L/yr

Design Engineer Salary

(102 salaries)

₹1.8 L/yr - ₹6.9 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Electrical Engineer Salary

(9 salaries)

₹2.4 L/yr - ₹7.2 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

Salary related reviews for Lakshmi Machine Works

3.0

Rated by 1 employees for salary & benefits

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

Job security - Good

+1 more

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.

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

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.

Salary - Good

+2 more

Dislikes

Employee welfare & work life balance is poor. High discrimination found. Work load among team is not equal.

Company culture - 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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

98 participants . expiring in 1d

Got a question about Lakshmi Machine Works?

Ask anonymously on communities.

Lakshmi Machine Works Senior R&D Engineer Salary FAQs

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

The average salary of a Senior R&D Engineer at Lakshmi Machine Works in India typically ranges from ₹6.0 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Senior R&D Engineer at Lakshmi Machine Works earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Senior R&D 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 7 Lakshmi Machine Works employees in India.

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

The estimated take-home salary of a Senior R&D Engineer at Lakshmi Machine Works in India typically ranges from ₹52,842 to ₹54,087 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 2 years to 14 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 7 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 Senior R&D Engineer in India?

Synopsys	₹15.0 Lakhs to ₹40.0 Lakhs per year
ABB	₹9.6 Lakhs to ₹33.3 Lakhs per year
Cummins	₹15.0 Lakhs to ₹27.0 Lakhs per year
Tejas Networks	₹8.9 Lakhs to ₹28.5 Lakhs per year
Medha Servo Drives	₹6.6 Lakhs to ₹15.0 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.

How the salary growth look like for a Senior R&D Engineer at Lakshmi Machine Works in India?

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

Experience	Average Salary Range
2 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
3 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
4 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
5 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Lakshmi Machine Works Salaries >
Lakshmi Machine Works Senior R&D Engineer Salaries

Lakshmi Machine Works Senior R&D Engineer salary in India ranges between ₹6 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.