L.G.Balakrishnan & Bros Costing Engineer Salaries by 3 Employees (Updated 2024)

1 - 2 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Costing Engineer Salary in Auto Components Companies for 1 - 2 years of experience

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Salaries in different departments

Research & Development Costing Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Production, Manufacturing & Engineering Costing Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to L.G.Balakrishnan & Bros for Costing Engineer

Company name	Avg Annual Salary	Open Jobs
UNO Minda Costing Engineer Salary 4 - 8 years exp. (4 salaries)	₹5.2 L/yr - ₹8.5 L/yr 144% more
Belrise Industries Costing Engineer Salary 4 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.3 L/yr 81% more
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Pricol Costing Engineer Salary 4 - 18 years exp. (4 salaries)	₹4.5 L/yr - ₹9.6 L/yr 219% more
Faurecia Costing Engineer Salary 1 - 7 years exp. (4 salaries)	₹4 L/yr - ₹7.5 L/yr 158% more
Sobha Costing Engineer Salary 0 - 5 years exp. (35 salaries)	₹3 L/yr - ₹4.4 L/yr 69% more

Costing Engineer salary at L.G.Balakrishnan & Bros ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 3 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Experience wise L.G.Balakrishnan & Bros Costing Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

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Salary related reviews for L.G.Balakrishnan & Bros

Senior Engineer in Karur

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Feb 2018

4.0

for Salary and Benefits

Likes

The company is helpful for self development, high quality products. We work happily in collaboration.

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. I have to work 12 - 14 hours straight in a day.

Tool Room Engineer in Manesar

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much to like

Dislikes

...n the favour of organization Our salary benefits goes in favour of company As per promised salary is same but in salary structure the story is complete different

Quality Inspection Trainee in Coimbatore

Full Time

Finance & Accounting Department

2.0

• posted on 11 Aug 2022

2.0

for Salary and Benefits

Likes

You can do your personal work by changing your shifts if the department head allows you. Remaining all the things could not be write in this like section. If I write those things over here, that will against to my conscience.

Dislikes

...as an yearly increment. As a staff you will get increment upto ₹1000 - 2500. Then, they hold some percentage of money from your salary every month and gives you back as Diwali bonus. You need to pay money to food, biscuits& safety shoes. If you come to the company by car, strictly you need to park your vehicle out of the compound. They don't even gives you cleaning essentials (soap) to wash your hands even though you are working in oil.

Quality Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

2.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

As a quality engineer, I'll get more time free than production department

Dislikes

Worst canteen foods . Management nepotism. No good salary hike. Frustrated environment. Security guard also behave like the partners of the company. No respect given for engineers. You can't learn anything from your HODs because they don't have knowledge about their own respective field. Not able to work if you are a enginner and seeking the best salary , because they don't consider you are a professional degree holder rather than they will treat you like casual labour. Finally this company is not fitted for the professional engineers and you can't learn anything from that company. No free transport provided.

Senior Quality Management System Engineer in Rudrapur Pantnagar

Full Time

Other Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

As per all above rated parameters, LGB is very good company. Company culture, work satisfaction, skills development, job security promotion, work life balance and salary benefits are the best here.

Dislikes

Nothing

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a technical project manager

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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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L.G.Balakrishnan & Bros Costing Engineer Salary FAQs

What is the notice period for Costing Engineer at L.G.Balakrishnan & Bros?

According to AmbitionBox, 100% of the L.G.Balakrishnan & Bros Costing Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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L.G.Balakrishnan & Bros Costing Engineer Salaries

L.G.Balakrishnan & Bros Costing Engineer salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.