Laxmi Engineering Works Design Engineer Salaries by 3 Employees

2 - 6 years exp.

₹1.7 Lakh - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

45% less than the average Design Engineer Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 23 Apr 2024

Companies similar to Laxmi Engineering Works for Design Engineer

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Advanced Structures India Design Engineer Salary 1 - 5 years exp. (10 salaries)	₹2.4 L/yr - ₹4.2 L/yr 10% more
Epsilon Technologies Design Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 27% less
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Scioinspire Consulting Services Design Engineer Salary 5 - 9 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 48% more
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Design Engineer salary at Laxmi Engineering Works ranges between ₹1.7 Lakh to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Laxmi Engineering Works.

Experience wise Laxmi Engineering Works Design Engineer salaries

Last Updated: 23 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr

Similar Designation salaries in Laxmi Engineering Works

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Mechanical Engineer Salary

(6 salaries)

₹2 L/yr - ₹3.5 L/yr

Salary related reviews for Laxmi Engineering Works

4.2

Rated by 2 employees for salary & benefits

Manager - Parts

Parts Department

5.0

• posted on 28 Sep 2019

4.0

for Salary and Benefits

Likes

There is lot of thing that I have learned from laxmi engineering, extra like DMS operating technical service marketing and much more that's why I like laxmi engineering works

Salary - Good

+4 more

Dislikes

I dislike the staff politics and job security in laxmi engineering works

Trainee in Udaipur

Manufacturing Department

5.0

• posted on 16 Aug 2018

4.0

for Salary and Benefits

Likes

About the company I liked the most is the environment and the dedication of the worker who work there is very much positive. The teammates were also very good in nature wise as they give me the tasks to do some work on particular bases. The overall environment was very good.

Salary - Good

+6 more

Dislikes

Work load for worker is too much high.

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Salary Discussions, Hike & Promotions

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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Laxmi Engineering Works Design Engineer Salary FAQs

How the salary growth look like for a Design Engineer at Laxmi Engineering Works in India?

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

Experience	Average Salary Range
2 years	₹1.7 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Laxmi Engineering Works Design Engineer Salaries

Laxmi Engineering Works Design Engineer salary in India ranges between ₹1.7 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Laxmi Engineering Works latest salaries received from various employees of Laxmi Engineering Works.