Lumax Industries Senior Design and Development Manager Salaries by 4 Employees

10 - 14 years exp.

₹19 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% more than the average Senior Design and Development Manager Salary in Auto Components Companies for 10 - 14 years of experience

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Last Updated: 24 May 2024

Companies similar to Lumax Industries for Senior Design and Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior Design and Development Manager Salary 6 - 18 years exp. (20 salaries)	₹12 L/yr - ₹19.4 L/yr 17% less
Standard Chartered Senior Design and Development Manager Salary 12 years exp. (6 salaries)	₹27 L/yr - ₹34.5 L/yr 37% more
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Case New-Holland Construction Equipment India Senior Design and Development Manager Salary 16 - 19 years exp. (4 salaries)	₹23.8 L/yr - ₹26 L/yr 14% more
Anchor Mark Senior Design and Development Manager Salary 20 - 21 years exp. (4 salaries)	₹17 L/yr - ₹18.7 L/yr 18% less
ATS Infrastructure Senior Design and Development Manager Salary 8 - 9 years exp. (4 salaries)	₹9.8 L/yr - ₹12 L/yr 50% less

Senior Design and Development Manager salary at Lumax Industries ranges between ₹19 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries Senior Design and Development Manager salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹19 L/yr - ₹19 L/yr
11 years (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
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12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹23 L/yr - ₹42 L/yr
14 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹25 L/yr

Salary related reviews for Lumax Industries

Production Planning Control Engineer in Ahmedabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 23 Jan 2025

2.0

for Salary and Benefits

Likes

You will learn a lot if you learn by your self, as you have to travel in every department for a single material movement.

Job security - Good

Dislikes

Unexpected cuts from salary. Unpaid Overtime, whatever HR says you have to work 12 hrs a day. No training program. 0 cooperation and communication between department causing latency in production.

Salary - Poor

+5 more

Senior Manager in Gurgaon / Gurugram

Full Time

Human Resources Department

5.0

• posted on 24 Dec 2024

5.0

for Salary and Benefits

Likes

...fied , Offices are installed with TFAs, The AQI level in office is below 20 ppm. Salary is always on time, Give full liberty to excel, growth for hard working employees is assured, integrity is respected. Trainings are imparted regularly, Canteen facility , uniform, is provided, A lot of employee benefit policies are in vogue. Salary is on last day of the month without failure. Working at Lumax is a wonderful experience. Staff is cooperative, Seniors are good and supportive. Work environment is safe for women employees. Flexi working hours. Leaders are approachable. Transport facilities are available in manufacturing plants. Employees enjoy working at Lumax.

Salary - Excellent

+6 more

Dislikes

No comments, Did not find any point to mention in this column.

Assistant Engineer in Pune

Full Time

Media Production & Entertainment Department

4.0

• posted on 27 Nov 2024

3.0

for Salary and Benefits

Likes

Company provides bus and canteen facility 08 hour duty Weekly off Party function MCM function You can learn and increase your skill knowledge unlimited in lumax industries limited

Skill development - Good

+3 more

Dislikes

Salary & promotion & appraisal is too slow if you are not skip & continues job in lumax then your salary is increased very slow compared other employees who hired from other companies as same role & responsibility DWM.

Machine Operator in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

1.0

• posted on 04 Nov 2024

1.0

for Salary and Benefits

Likes

... a helper in Electrical department.12hr work No holiday .even Sunday also work .if you take a leave your salary will deduct .after 1yr work your salary hike only 5-7% only .when I am join my salary is only 6000/-rs per month.

Dislikes

...re as compared to mental work.no work life balance because no holiday available. If you take a leave your salary will deduct.in whole year only 2day holiday available there is Biswakarma Puja & Dilwali.remain 363 day working. no facility available like no food,no Travel allowance,No PF ,No Health insurance

Salary - Bad

+6 more

Assistant Company Secretary in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

3.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

Salary always credits in time

Job security - Good

+1 more

Dislikes

They have a very bad salary structure. There is no work life balance. U can have charge of day to day affairs but very rare of the special tasks as the boss wants to do all of them on his own. It's 6 day working company & sometimes they even call on Sundays. As regards late sitting, I would say on an avg, u need to spend around 60 hrs a week.

Salary - Poor

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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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Lumax Industries Senior Design and Development Manager Salary FAQs

What is the salary of Senior Design and Development Manager at Lumax Industries ?

The average salary of a Senior Design and Development Manager at Lumax Industries in India typically ranges from ₹19.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Senior Design and Development Manager at Lumax Industries earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior Design and Development Manager Salaries at Lumax Industries 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 4 Lumax Industries employees in India.

What is the estimated take home salary of a Senior Design and Development Manager at Lumax Industries in India?

The estimated take-home salary of a Senior Design and Development Manager at Lumax Industries in India typically ranges from ₹1,41,837 to ₹1,47,114 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 years to 14 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 4 salaries received from various employees of Lumax Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lumax Industries for Senior Design and Development Manager in India?

Standard Chartered	₹27.0 Lakhs to ₹34.5 Lakhs per year
Case New-Holland Construction Equipment India	₹23.8 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lumax Industries, depending on the role and experience level.

What is the salary of a Senior Design and Development Manager in companies similar to Lumax Industries in India?

The salary of a Senior Design and Development Manager at companies similar to Lumax Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Motors	₹12.0 Lakhs to ₹19.4 Lakhs per year
Anchor Mark	₹17.0 Lakhs to ₹18.7 Lakhs per year
ATS Infrastructure	₹9.8 Lakhs to ₹12.0 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 Senior Design and Development Manager at Lumax Industries in India?

The salary growth for a Senior Design and Development Manager at Lumax Industries depends on factors such as experience, performance, and promotions. On average, a Senior Design and Development Manager can expect the following growth trajectory at Lumax Industries:

Experience	Average Salary Range
10 years	₹19.0 Lakhs to ₹19.0 Lakhs per year
11 years	₹18.4 Lakhs to ₹23.5 Lakhs per year
12 years	₹8.8 Lakhs to ₹22.0 Lakhs per year
13 years	₹23.0 Lakhs to ₹42.0 Lakhs per year

and so on.

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Lumax Industries Senior Design and Development Manager Salaries

Lumax Industries Senior Design and Development Manager salary in India ranges between ₹19 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lumax Industries latest salaries received from various employees of Lumax Industries.