Lakshmi Precision Screws Senior Engineer Salaries by 6 Employees (Updated 2024)

12 - 23 years exp.

₹6 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Senior Engineer Salary in Industrial Machinery Companies for 12 - 23 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Engineer Salary 14 - 23 years exp. (4 salaries)	₹6 L/yr - ₹6.3 L/yr
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Research & Development Senior Engineer Salary 23 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 12 Mar 2023

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Senior Engineer salary at Lakshmi Precision Screws ranges between ₹6 Lakhs to ₹6.3 Lakhs per year for employees with experience between 12 years to 23 years. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Precision Screws.

Experience wise Lakshmi Precision Screws Senior Engineer salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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14 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
15+ years (4 salaries)	₹6 L/yr - ₹6.3 L/yr

Similar Designation salaries in Lakshmi Precision Screws

Junior Engineer Salary

(3 salaries)

₹5.1 L/yr - ₹6 L/yr

Quality Engineer Salary

(3 salaries)

₹5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(4 salaries)

₹6.2 L/yr - ₹7.2 L/yr

Salary related reviews for Lakshmi Precision Screws

4.3

Rated by 2 employees for salary & benefits

Senior Engineer in Rohtak

Production, Manufacturing & Engineering Department

1.0

• posted on 16 Jul 2020

1.0

for Salary and Benefits

Likes

Lockdown m bhi employees ko ek paisa bhi nahi mila. No salary given from last 2 years Cmd and other directors are not interested to work for lps company and their employees

Dislikes

...in this world. They are not thinking about their employees and their families. No salary given to employees since last 2 years. Now you guess about them.

Asstt . Manager In HRM in Rohtak

Customer Success, Service & Operations Department

5.0

• posted on 19 Jul 2021

3.0

for Salary and Benefits

Likes

I am working in the company from 25+ years and overall experience is very good.

Dislikes

There is a lot of politics and the union of the workers forced to management ever. Salary is ok but career growth is too slow.

Production Supervisor in Rohtak

Production, Manufacturing & Engineering Department

4.0

• posted on 14 Aug 2018

4.0

for Salary and Benefits

Likes

Lakshmi pericision screws Ltd is a world class company we export lots of products. The company is open to innovation and adopts latest technology.have high quality products and has a global client base.my colleagues come from various culturel background.its good,we work together friendly working environment.and lots of training session organised there.

Dislikes

Now a day company is not in good 1condition because of their owners. company had lots of orders but no raw material for running plant last six months salary panding of their employees. Company is really good but what's going on no one knows.

Senior Business Development Executive in Rohtak

Business development Department

1.0

• posted on 29 Mar 2019

1.0

for Salary and Benefits

Likes

... auch a big company. LPS plant 2 was the good place to work in Rohtak city only. Salary and culture was goos initially.

Dislikes

... single command which was CMD. There was no control of boss on his subordinates. No control on salary hike or promotion. Each and similar level of employees were getting same increments and there was no system of performance appraisals.

Senior Engineer in Hissar Chaouk, Rohtak, Haryana, 124001

Supplier Quality Department

5.0

• posted on 05 Nov 2022

5.0

for Salary and Benefits

Likes

Laxmi precesion screws group of industry is father industry of rohtak city, first time system launch in India launch in lps. Northern india best industry. Universal is also well growing. 🦅 love to work here.

Dislikes

Nothing to dislike.

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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 Precision Screws Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Lakshmi Precision Screws?

Senior Engineer salary at Lakshmi Precision Screws in India ranges between ₹6.0 Lakhs to ₹6.3 Lakhs for experience between 12 years to 23 years. According to our estimates it is 33% less than the average Senior Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Lakshmi Precision Screws India.

How does the salary of a Senior Engineer at Lakshmi Precision Screws India compare with the average salary range for this job?

The average salary of a Senior Engineer at Lakshmi Precision Screws is 33% less than the average salary of a Senior Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lakshmi Precision Screws to a Senior Engineer in India?

Air India Engineering Services Senior Engineer Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
TPI Composites Senior Engineer Salary - ₹6.0 Lakhs to ₹18.2 Lakhs per year
Ingersoll Rand Senior Engineer Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
Epiroc Senior Engineer Salary - ₹7.1 Lakhs to ₹13.0 Lakhs per year
ELGI Equipments Senior Engineer Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Senior Engineer in companies similar to Lakshmi Precision Screws in India?

EMERSON PROCESS MANAGEMENT Senior Engineer Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
Isgec Heavy Engineering Senior Engineer Salary - ₹4.8 Lakhs to ₹14.0 Lakhs per year
Kennametal Senior Engineer Salary - ₹6.4 Lakhs to ₹15.0 Lakhs per year
Vesuvius Senior Engineer Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Wilo Mather and Platt Pumps Senior Engineer Salary - ₹6.5 Lakhs to ₹9.8 Lakhs per year

What is the estimated take home salary of a Senior Engineer at Lakshmi Precision Screws in India?

The estimated take-home salary of a Senior Engineer at Lakshmi Precision Screws ranges between ₹46,582 per month to ₹47,686 per month in India. The take-home salary calculation is based on the average Lakshmi Precision Screws Senior Engineer salary in India which ranges between ₹6.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 12 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Senior Engineer at Lakshmi Precision Screws?

According to AmbitionBox, 100% of the Lakshmi Precision Screws Senior Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Lakshmi Precision Screws Senior Engineer Salaries

Lakshmi Precision Screws Senior Engineer salary in India ranges between ₹6 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Lakshmi Precision Screws latest salaries received from various employees of Lakshmi Precision Screws.