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Laxmi Hydraulics Mechanical Engineer salaries in Solapur

Annual salary range
3 - 4 years exp.
₹2.4 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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40% less than the average Mechanical Engineer Salary in Industrial Machinery Companies for 3 - 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Laxmi Hydraulics for Mechanical Engineer in Solapur

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Laxmi Hydraulics Mechanical Engineer Salary

3 - 4 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.4 L/yr - ₹4.2 L/yr

At par
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₹3.5 L/yr - ₹5.9 L/yr

arrow icon 81% more
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₹2.4 L/yr - ₹6 L/yr

arrow icon 35% more
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₹3 L/yr - ₹5 L/yr

arrow icon 57% more
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GE Vernova Mechanical Engineer Salary

6 - 7 years exp. (3 salaries)

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₹6.3 L/yr - ₹9.2 L/yr

arrow icon 199% more
7 job openings
Mechanical Engineer salary at Laxmi Hydraulics ranges between ₹2.4 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Laxmi Hydraulics.

Latest annual salaries shared by Laxmi Hydraulics Mechanical Engineer in Solapur

1y ago
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4 years exp.
1y ago
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3 years exp.
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4 years exp.
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3 years exp.

Experience wise Laxmi Hydraulics Mechanical Engineer salaries in Solapur

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Laxmi Hydraulics

Senior Engineer Salary
(11 salaries)
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₹4.5 L/yr - ₹7.4 L/yr

Salary related reviews for Laxmi Hydraulics

Engineering - Software & QA Department

2.0
  •  posted on 20 Jul 2021

2.0
 for  Salary and Benefits

Likes

Not good for mechanical engineers, don't join

Dislikes

No work life balance at all Not a good pay Not good skill development even dont use 3D software still living in 2D.... Just copy paste design for big MNCs After 2 years they keep you as trainee engineer Ask for 3 years of bond

read more
  • Salary - Poor
  • +5 more

Human Resources Department

5.0
  •  posted on 19 Aug 2020

4.0
 for  Salary and Benefits

Likes

Good work culture and teammates are supportive.salary on time 7th of every month. Apprisals and bonus are done regular every year.

read more
  • Salary - Good
  • +4 more

Dislikes

Salary is decent but career growth is slow. Required more policies. Salary hike is low.

Sales & Marketing Department

1.0
  •  posted on 05 Sep 2022

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...ne except MD,. Once u resign, then u r treated like an enemy of Lhp management.. They dont give ur last month salary.. Also forget ur bonus and LTA amount.. Nk proper settlement procedure... Never join

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  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 08 Jun 2020

4.0
 for  Salary and Benefits

Likes

Process oriented company set all the best practices in the world. LHP is good example for the others for taking precautions during and after lockdown period of Covid 19.

read more
  • Salary - Good
  • +5 more

Dislikes

Not leader ship culture in middle management .

Research & Development Department

5.0
  •  posted on 15 Dec 2018

3.0
 for  Salary and Benefits

Likes

I feel that working in this organization enhances the self confidence. LHPL mainly works for specialized motors, every day I find something new to learn and work and I never get tired due to the work load.

read more
  • Skill development - Excellent
  • +3 more
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Laxmi Hydraulics Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Laxmi Hydraulics Solapur?
Mechanical Engineer salary at Laxmi Hydraulics in Solapur ranges between ₹2.4 Lakhs to ₹3.6 Lakhs for experience between 3 years to 4 years. According to our estimates it is 40% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Laxmi Hydraulics Solapur.
How does the salary of a Mechanical Engineer at Laxmi Hydraulics Solapur compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Laxmi Hydraulics is 40% less than the average salary of a Mechanical Engineer in Solapur. To know exact salary insights, login to view.
Which similar companies are paying more than Laxmi Hydraulics to a Mechanical Engineer in Solapur?
  • GE Vernova Mechanical Engineer Salary - ₹6.3 Lakhs to ₹9.2 Lakhs per year
  • Indian Molasses Company Mechanical Engineer Salary - ₹3.5 Lakhs to ₹5.9 Lakhs per year
  • Power Mech Projects Mechanical Engineer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
  • Bharat Suzuki Service Center Mechanical Engineer Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • Precision Camshafts Mechanical Engineer Salary - ₹1.4 Lakhs to ₹4.2 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Laxmi Hydraulics in Solapur?
The estimated take-home salary of a Mechanical Engineer at Laxmi Hydraulics ranges between ₹19,490 per month to ₹21,161 per month in Solapur. The take-home salary calculation is based on the average Laxmi Hydraulics Mechanical Engineer salary in India which ranges between ₹2.4 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

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Laxmi Hydraulics Mechanical Engineer salary in Solapur ranges between ₹2.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Laxmi Hydraulics latest salaries received from various employees of Laxmi Hydraulics.