L.G.Balakrishnan & Bros Development Engineer Salaries by 8 Employees

2 - 6 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

60% less than the average Development Engineer Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 24 Nov 2024

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

Company name	Avg Annual Salary	Open Jobs
Faurecia Development Engineer Salary 1 - 9 years exp. (12 salaries)	₹7 L/yr - ₹10.6 L/yr 181% more
Belrise Industries Development Engineer Salary 0 - 6 years exp. (7 salaries)	₹2 L/yr - ₹4.2 L/yr 3% more
Login to view exact salary
Endurance Technologies Development Engineer Salary 1 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹6 L/yr 22% more
TVS Sundram Fasteners Development Engineer Salary 2 - 12 years exp. (5 salaries)	₹2 L/yr - ₹6.3 L/yr 33% more
Motherson Automotive Technologies and Engineering Development Engineer Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 2% less
Bharat Forge Development Engineer Salary 7 - 10 years exp. (4 salaries)	₹5 L/yr - ₹6.2 L/yr 63% more
Tata AutoComp Systems Development Engineer Salary 1 - 6 years exp. (4 salaries)	₹7 L/yr - ₹12.9 L/yr 201% more
Tata Marcopolo Motors Development Engineer Salary 4 - 7 years exp. (3 salaries)	₹6 L/yr - ₹11.5 L/yr 136% more
Apollo Tyres Development Engineer Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 71% more

Development Engineer salary at L.G.Balakrishnan & Bros ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of L.G.Balakrishnan & Bros.

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

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.5 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

Similar Designation salaries in L.G.Balakrishnan & Bros

Product Development Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹5.55 L/yr

Design Engineer Salary

(74 salaries)

₹1.2 L/yr - ₹4.8 L/yr

Project Engineer Salary

(13 salaries)

₹2.75 L/yr - ₹4 L/yr

Senior Engineer Salary

(143 salaries)

₹3 L/yr - ₹7.3 L/yr

Assistant Engineer Salary

(410 salaries)

₹1.65 L/yr - ₹4.5 L/yr

Product Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Quality Engineer Salary

(220 salaries)

₹1.2 L/yr - ₹4.8 L/yr

Mechanical Engineer Salary

(62 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Production Engineer Salary

(187 salaries)

₹1.2 L/yr - ₹6 L/yr

Software Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹5.75 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

2.0

Rated by 1 employees for salary & benefits

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.

Salary - Bad

+6 more

Production Supervisor in Coimbatore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Mar 2021

4.0

for Salary and Benefits

Likes

...nagement is transparent. There is a huge cafeteria and gaming policies are good.appraidals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

Production Supervisor in Jalna

Engineering - Software & QA Department

4.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

Good work and culture.teammayes are supportive and the management is transparent.vompany policies are good,appraisals are fair and they give good salary and bonus every year

Job security - Excellent

Dislikes

There are sometimes politics,salary good but career growth is slow.there is a contract bond 2 year before which you cannot resign.

Salary - Bad

+1 more

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.

Salary - Good

+6 more

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.

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.

Salary - Poor

+5 more

see more salary related reviews

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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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L.G.Balakrishnan & Bros Development Engineer Salary FAQs

What is the salary of Development Engineer at L.G.Balakrishnan & Bros ?

The average salary of a Development Engineer at L.G.Balakrishnan & Bros in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Development Engineer at L.G.Balakrishnan & Bros earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Development Engineer Salaries at L.G.Balakrishnan & Bros 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 8 L.G.Balakrishnan & Bros employees in India.

What is the estimated take home salary of a Development Engineer at L.G.Balakrishnan & Bros in India?

The estimated take-home salary of a Development Engineer at L.G.Balakrishnan & Bros in India typically ranges from ₹24,042 to ₹25,495 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of L.G.Balakrishnan & Bros. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L.G.Balakrishnan & Bros for Development Engineer in India?

Tata AutoComp Systems	₹7.0 Lakhs to ₹12.9 Lakhs per year
Faurecia	₹7.0 Lakhs to ₹10.6 Lakhs per year
Tata Marcopolo Motors	₹6.0 Lakhs to ₹11.5 Lakhs per year
Apollo Tyres	₹5.0 Lakhs to ₹6.0 Lakhs per year
Bharat Forge	₹5.0 Lakhs to ₹6.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L.G.Balakrishnan & Bros, depending on the role and experience level.

What is the salary of a Development Engineer in companies similar to L.G.Balakrishnan & Bros in India?

The salary of a Development Engineer at companies similar to L.G.Balakrishnan & Bros in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TVS Sundram Fasteners	₹2.0 Lakhs to ₹6.3 Lakhs per year
Endurance Technologies	₹2.5 Lakhs to ₹6.0 Lakhs per year
Belrise Industries	₹2.0 Lakhs to ₹4.2 Lakhs per year
Motherson Automotive Technologies and Engineering	₹3.0 Lakhs to ₹3.5 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 Development Engineer at L.G.Balakrishnan & Bros in India?

The salary growth for a Development Engineer at L.G.Balakrishnan & Bros depends on factors such as experience, performance, and promotions. On average, a Development Engineer can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹5.2 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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L.G.Balakrishnan & Bros Development Engineer Salaries

L.G.Balakrishnan & Bros Development Engineer salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.