Lokesh Machines Manager Salaries by 5 Employees (Updated 2024)

12 - 17 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Manager Salary in Industrial Machinery Companies for 12 - 17 years of experience

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Salaries in different departments

Research & Development Manager Salary 15 - 17 years exp. (3 salaries)	₹9.6 L/yr - ₹12 L/yr
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Production, Manufacturing & Engineering Manager Salary 12 - 14 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 11 Dec 2024

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Manager salary at Lokesh Machines ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Lokesh Machines.

Experience wise Lokesh Machines Manager salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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14 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.5 L/yr
15+ years (3 salaries)	₹9.6 L/yr - ₹12 L/yr

Similar Designation salaries in Lokesh Machines

Deputy Manager Salary

(5 salaries)

₹4.6 L/yr - ₹8.25 L/yr

Deputy General Manager Salary

(4 salaries)

₹10.8 L/yr - ₹20 L/yr

Salary related reviews for Lokesh Machines

Rated by 1 employees for salary & benefits

Mechanical Engineer in Medchal

Full Time

Quality Inspection Department

3.0

• posted on 12 Sep 2021

2.0

for Salary and Benefits

Likes

...ammates are supportive and management is transparent. company policies are good. They give good salary but....

Dislikes

Career growth is very slow Salaries are decent. I didn't like for break timings for breakfast,lunch and for dinner. Everyone should eat three times a day for employees good health.

Production Engineer in Pune

Production, Manufacturing & Engineering Department

4.0

• posted on 06 Jul 2019

1.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times.

Industrial Engineer

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Oct 2018

1.0

for Salary and Benefits

Likes

Specially in contract under focus industrial services after reported complaint to company Sr HR and contractor administrator. The work life balance is pathetic. No inventive even basic transportation was not provided from last 2 months. Treated like labourers in the company.

Dislikes

Work life balance, administration, saraly given, no compensation even when the production target is achieved.

Account Assistant

Finance & Accounting Department

4.0

• posted on 17 Dec 2018

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology .I love the fact that I am a part of that family. All the members of my team are loveable.

Dislikes

Compensation is decent,but growth is slow.the the work pressure is very high .but I don't get sufficient time to complete these works. the most important thing is that managers don't value an individual skills.also there is no on job training for freshers, hence senior folks like me have to guide them step by step,which is pain sometimes .

Mechanical Engineer in Pune

Construction & Site Engineering Department

1.0

• posted on 30 Jan 2018

1.0

for Salary and Benefits

Likes

I'm an employee of this company in Pune location. I'm working here last 6 months but in this company major problem is line manager & supervisor is not providing safety equipment like hand gloves and earplugs & napkins and eye glasses,and the 2nd major problem is they r not paying monthly on time they r paying one month salary at the last of 2nd month like 20th, 22th & 3rd major problem is food they r giving very wrost food to employees for that HR is fixed some money with canteen man,he is giving some money to HR so that HR is not taking any action to canteen man & he is bringing very wrost food for us,I'm saying about previous day 29 Jan I've eat chapati & dal only there is no rice vegetables papad banana ext.He brought all thing but all things is finished after that I was eat only chapati & dal. And one thing more is another company they r paying to Neem employees to 14000 in a month but in Lokesh machining ltd. Pune they r paying 9700 ₹ only.And night time they r give tea & biskit.

Dislikes

I'm not feeling well here because here company not providing safety equipment & food is very wrost,& salary is not giving on time they r paying after 2 month 1 month salary.so that I decided i'll be resign here

see more salary related reviews

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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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Lokesh Machines Manager Salary FAQs

What is the salary of Manager at Lokesh Machines?

Manager salary at Lokesh Machines in India ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 12 years to 17 years. According to our estimates it is 39% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lokesh Machines India.

How does the salary of a Manager at Lokesh Machines India compare with the average salary range for this job?

The average salary of a Manager at Lokesh Machines is 39% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lokesh Machines to a Manager in India?

Hindustan Unilever Manager Salary - ₹14.0 Lakhs to ₹50.0 Lakhs per year
Epiroc Manager Salary - ₹30.0 Lakhs to ₹40.0 Lakhs per year
Maruti Suzuki Manager Salary - ₹11.2 Lakhs to ₹39.0 Lakhs per year
BHEL Manager Salary - ₹14.0 Lakhs to ₹34.0 Lakhs per year
Atlas Copco Manager Salary - ₹11.9 Lakhs to ₹32.5 Lakhs per year

What is the salary of a Manager in companies similar to Lokesh Machines in India?

Bajaj Auto Manager Salary - ₹10.0 Lakhs to ₹42.0 Lakhs per year
Infosys Manager Salary - ₹10.0 Lakhs to ₹36.4 Lakhs per year
Thermax Limited Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
EMERSON PROCESS MANAGEMENT Manager Salary - ₹8.2 Lakhs to ₹29.0 Lakhs per year
Kennametal Manager Salary - ₹12.2 Lakhs to ₹29.0 Lakhs per year

What is the estimated take home salary of a Manager at Lokesh Machines in India?

The estimated take-home salary of a Manager at Lokesh Machines ranges between ₹70,577 per month to ₹72,393 per month in India. The take-home salary calculation is based on the average Lokesh Machines Manager salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 12 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Manager at Lokesh Machines?

According to AmbitionBox, 50% of the Lokesh Machines Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Lokesh Machines Manager Salaries

Lokesh Machines Manager salary in India ranges between ₹8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lokesh Machines latest salaries received from various employees of Lokesh Machines.