Lakshmi Machine Works Tool Room Engineer Salaries by 4 Employees

0 - 9 years exp.

₹1 Lakh - ₹4.9 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Tool Room Engineer Salary in Industrial Machinery Companies for 0 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations Tool Room Engineer Salary Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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Production, Manufacturing & Engineering Tool Room Engineer Salary 9 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.3 L/yr

Last Updated: 8 Mar 2024

Companies similar to Lakshmi Machine Works for Tool Room Engineer

Company name	Avg Annual Salary	Open Jobs
Shaily Engineering Plastics Ltd Tool Room Engineer Salary 3 - 8 years exp. (48 salaries)	₹2.1 L/yr - ₹5 L/yr 38% more	1 job opening
Sigma Electric Manufacturing Corporation Tool Room Engineer Salary 1 - 7 years exp. (20 salaries)	₹1.6 L/yr - ₹4 L/yr 7% less
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Timken Tool Room Engineer Salary 2 - 11 years exp. (15 salaries)	₹2.5 L/yr - ₹6.1 L/yr 43% more
Asb International Tool Room Engineer Salary 1 - 10 years exp. (8 salaries)	₹1.5 L/yr - ₹5.4 L/yr 24% more
Forbes Marshall Tool Room Engineer Salary 1 - 13 years exp. (4 salaries)	₹2 L/yr - ₹9.1 L/yr 117% more
C.R.I. Pumps Tool Room Engineer Salary 2 - 8 years exp. (4 salaries)	₹1.5 L/yr - ₹3.9 L/yr 3% less
Cummins Tool Room Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.7 L/yr - ₹2.7 L/yr 36% less

Tool Room Engineer salary at Lakshmi Machine Works ranges between ₹1 Lakh to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Tool Room Engineer salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹1 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Lakshmi Machine Works

Tool Room Trainee Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Tool Engineer Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Tool Room Incharge Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Engineer Salary

(238 salaries)

₹4.7 L/yr - ₹11 L/yr

Quality Engineer Salary

(51 salaries)

₹1.7 L/yr - ₹7.51 L/yr

Junior Engineer Salary

(19 salaries)

₹1.8 L/yr - ₹3 L/yr

Assistant Engineer Salary

(44 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Tool Room Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Design Engineer Salary

(106 salaries)

₹1.8 L/yr - ₹6.77 L/yr

Mechanical Engineer Salary

(29 salaries)

₹1 L/yr - ₹7.25 L/yr

Salary related reviews for Lakshmi Machine Works

5.0

Rated by 2 employees for salary & benefits

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 .

Skill development - Excellent

+2 more

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.

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

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Lakshmi Machine Works Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Lakshmi Machine Works ?

The average salary of a Tool Room Engineer at Lakshmi Machine Works in India typically ranges from ₹1.0 Lakhs to ₹4.9 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Tool Room Engineer at Lakshmi Machine Works earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Tool Room 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 4 Lakshmi Machine Works employees in India.

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

The estimated take-home salary of a Tool Room Engineer at Lakshmi Machine Works in India typically ranges from ₹19,976 to ₹21,640 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.9 Lakhs per year for employees with experience ranging from Fresher to 9 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 4 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 Tool Room Engineer in India?

Forbes Marshall	₹2.0 Lakhs to ₹9.1 Lakhs per year
Timken	₹2.5 Lakhs to ₹6.1 Lakhs per year
Shaily Engineering Plastics Ltd	₹2.1 Lakhs to ₹5.0 Lakhs per year
Asb International	₹1.5 Lakhs to ₹5.4 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.

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

The salary of a Tool Room Engineer at companies similar to Lakshmi Machine Works in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

C.R.I. Pumps	₹1.5 Lakhs to ₹3.9 Lakhs per year
Sigma Electric Manufacturing Corporation	₹1.6 Lakhs to ₹4.0 Lakhs per year
Cummins	₹1.7 Lakhs to ₹2.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Tool Room Engineer at Lakshmi Machine Works in India?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹1.0 Lakhs per year
1 year	₹1.0 Lakhs to ₹1.2 Lakhs per year
2 years	₹1.4 Lakhs to ₹1.8 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.4 Lakhs per year

and so on.

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Lakshmi Machine Works Tool Room Engineer Salaries

Lakshmi Machine Works Tool Room Engineer salary in India ranges between ₹1 Lakh to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lakshmi Machine Works latest salaries received from various employees of Lakshmi Machine Works.