Lakshmi Machine Works Trainee Design Engineer Salaries by 4 Employees

0 - 1 year exp.

₹2 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% more than the average Trainee Design Engineer Salary in Industrial Machinery Companies for 0 - 1 year of experience

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Last Updated: 18 Jun 2024

Companies similar to Lakshmi Machine Works for Trainee Design Engineer

Company name	Avg Annual Salary	Open Jobs
Sigma Electric Manufacturing Corporation Trainee Design Engineer Salary 1 - 2 years exp. (4 salaries)	₹1.6 L/yr - ₹1.8 L/yr 52% less
Cummins Trainee Design Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr 39% less
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Techwave Consulting Trainee Design Engineer Salary 0 - 2 years exp. (50 salaries)	₹1.5 L/yr - ₹2.8 L/yr 36% less
Tata Technologies Trainee Design Engineer Salary 0 - 3 years exp. (38 salaries)	₹1.1 L/yr - ₹3.6 L/yr 40% less
illumine-i Trainee Design Engineer Salary 0 - 3 years exp. (22 salaries)	₹2.2 L/yr - ₹3 L/yr 26% less

Trainee Design Engineer salary at Lakshmi Machine Works ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Lakshmi Machine Works.

Experience wise Lakshmi Machine Works Trainee Design Engineer salaries

Last Updated: 18 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

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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

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

Design & Development Engineer in Coimbatore

Research & Development Department

1.0

• posted on 30 Apr 2021

1.0

for Salary and Benefits

Likes

Good colleagues.

Job security - Good

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.

Salary - Bad

+2 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.

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

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

Skill development - Good

+3 more

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 😂😂😂

Salary - Poor

+2 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.

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

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lakshmi Machine Works Trainee Design Engineer Salary FAQs

What is the salary of Trainee Design Engineer at Lakshmi Machine Works ?

The average salary of a Trainee Design Engineer at Lakshmi Machine Works in India typically ranges from ₹2.0 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Trainee Design Engineer at Lakshmi Machine Works earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Trainee Design 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 Trainee Design Engineer at Lakshmi Machine Works in India?

The estimated take-home salary of a Trainee Design Engineer at Lakshmi Machine Works in India typically ranges from ₹24,651 to ₹26,095 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher to 1 year.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.

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

The salary of a Trainee Design 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:

illumine-i	₹2.2 Lakhs to ₹3.0 Lakhs per year
Techwave Consulting	₹1.5 Lakhs to ₹2.8 Lakhs per year
Cummins	₹1.7 Lakhs to ₹2.5 Lakhs per year
Tata Technologies	₹1.1 Lakhs to ₹3.6 Lakhs per year
Sigma Electric Manufacturing Corporation	₹1.6 Lakhs to ₹1.8 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 Trainee Design Engineer at Lakshmi Machine Works in India?

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

Experience	Average Salary Range
Fresher	₹2.7 Lakhs to ₹3.4 Lakhs per year
1 year	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Lakshmi Machine Works Trainee Design Engineer Salaries

Lakshmi Machine Works Trainee Design Engineer salary in India ranges between ₹2 Lakhs to ₹4.1 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.