Luminous Power Technologies Hardware Design Engineer Salaries by 4 Employees (Updated 2024)

1 - 3 years exp.

₹4.3 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Hardware Design Engineer Salary in Consumer Electronics & Appliances Companies for 1 - 3 years of experience

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Last Updated: 7 Dec 2024

Companies similar to Luminous Power Technologies for Hardware Design Engineer

Company name	Avg Annual Salary	Open Jobs
Genus Power Infrastructures Hardware Design Engineer Salary 2 - 7 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 5% less
Delta Electronics Hardware Design Engineer Salary 1 - 2 years exp. (3 salaries)	₹8.5 L/yr - ₹10.5 L/yr 65% more
Login to view exact salary
Schneider Electric Hardware Design Engineer Salary 0 - 6 years exp. (21 salaries)	₹4.3 L/yr - ₹12.5 L/yr 57% more
Havells Hardware Design Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.2 L/yr - ₹6.1 L/yr 25% less
Lava International Hardware Design Engineer Salary 1 - 3 years exp. (10 salaries)	₹6.8 L/yr - ₹12 L/yr 92% more
Philips Hardware Design Engineer Salary 2 - 9 years exp. (7 salaries)	₹14 L/yr - ₹20 L/yr 186% more
Whirlpool Hardware Design Engineer Salary 3 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹10.4 L/yr 1% more
HARMAN Hardware Design Engineer Salary 3 - 12 years exp. (4 salaries)	₹8 L/yr - ₹20 L/yr 134% more
Signify Hardware Design Engineer Salary 5 - 10 years exp. (4 salaries)	₹12.6 L/yr - ₹14.8 L/yr 135% more
Bajaj Electricals Hardware Design Engineer Salary 7 - 8 years exp. (3 salaries)	₹6.2 L/yr - ₹13 L/yr 57% more

Hardware Design Engineer salary at Luminous Power Technologies ranges between ₹4.3 Lakhs to ₹8.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Luminous Power Technologies.

Experience wise Luminous Power Technologies Hardware Design Engineer salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr

Similar Designation salaries in Luminous Power Technologies

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Design Engineer Salary

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Electrical Design Engineer Salary

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₹3.3 L/yr - ₹4.3 L/yr

Process Engineer Salary

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₹2 L/yr - ₹7.3 L/yr

Senior Engineer Salary

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Project Engineer Salary

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₹3.5 L/yr - ₹4.95 L/yr

Electrical Engineer Salary

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Assistant Engineer Salary

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Salary related reviews for Luminous Power Technologies

Deputy Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

2.0

• posted on 01 Aug 2023

2.0

for Salary and Benefits

Likes

Can’t recall any. Policies were good but due to cost cutting, it’s weakening.

Dislikes

Politics, bad managers, no work life balance and no professional growth based on your good work but you will have to be a favourite of your seniors, atleast that was what happening in my dept.

Assistant Store Manager in Haridwar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Jun 2024

4.0

for Salary and Benefits

Likes

Work culture is realy good, benifit and salary are average. Provide many useful tranning for self development. Take manny CSR project.

Dislikes

Nothing special to dislike but management include variable pay with apprisal .

Branch Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

3.0

• posted on 02 Nov 2022

1.0

for Salary and Benefits

Likes

As far as Employees well being - I would rate 5* , Policy introduced for employees during Pandemic is awesome, No doubt at all - Luminous do take care of their employees fabulously..

Dislikes

No clear Goal Sheet & carrier progression. Appraisal is depending upon your peer salary not depending upon your performance & experience.

Area Sales Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 22 Nov 2022

3.0

for Salary and Benefits

Likes

...rganization. Job security now days are good unless you are not in a mess totaly. Salary perks are ok if you able to bargain. Internal growth is average. I will recomend to join this company.

Dislikes

Work environment is based on your senior leaders. If the leader is good everything will fall in place. So till the time I am writing this review negatives are gone & no cons to write. Though some cons was their in earlier stage but everything is taken care of by the organization.

ASM in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

4.0

• posted on 22 Mar 2021

3.0

for Salary and Benefits

Likes

Super working enviourment and leader & most valued brand of industry. Good product quality and innovative organisation. Transparent system for evavulation.

Dislikes

Compensation and perx is not up to mark. People working here from decade so growth for new comer is very slow.

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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Luminous Power Technologies Hardware Design Engineer Salary FAQs

What is the salary of Hardware Design Engineer at Luminous Power Technologies?

Hardware Design Engineer salary at Luminous Power Technologies in India ranges between ₹4.3 Lakhs to ₹8.3 Lakhs for experience between 1 years to 3 years. According to our estimates it is 14% less than the average Hardware Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Luminous Power Technologies India.

How does the salary of a Hardware Design Engineer at Luminous Power Technologies India compare with the average salary range for this job?

The average salary of a Hardware Design Engineer at Luminous Power Technologies is 14% less than the average salary of a Hardware Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Luminous Power Technologies to a Hardware Design Engineer in India?

Philips Hardware Design Engineer Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
Signify Hardware Design Engineer Salary - ₹12.6 Lakhs to ₹14.8 Lakhs per year
HARMAN Hardware Design Engineer Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
Lava International Hardware Design Engineer Salary - ₹6.8 Lakhs to ₹12.0 Lakhs per year
Delta Electronics Hardware Design Engineer Salary - ₹8.5 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Hardware Design Engineer in companies similar to Luminous Power Technologies in India?

Schneider Electric Hardware Design Engineer Salary - ₹4.3 Lakhs to ₹12.5 Lakhs per year
Bajaj Electricals Hardware Design Engineer Salary - ₹6.2 Lakhs to ₹13.0 Lakhs per year
Whirlpool Hardware Design Engineer Salary - ₹2.8 Lakhs to ₹10.4 Lakhs per year
Genus Power Infrastructures Hardware Design Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Havells Hardware Design Engineer Salary - ₹3.2 Lakhs to ₹6.1 Lakhs per year

What is the estimated take home salary of a Hardware Design Engineer at Luminous Power Technologies in India?

The estimated take-home salary of a Hardware Design Engineer at Luminous Power Technologies ranges between ₹44,593 per month to ₹45,689 per month in India. The take-home salary calculation is based on the average Luminous Power Technologies Hardware Design Engineer salary in India which ranges between ₹4.3 Lakhs to ₹8.3 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Hardware Design Engineer at Luminous Power Technologies?

According to AmbitionBox, 100% of the Luminous Power Technologies Hardware Design Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Luminous Power Technologies Hardware Design Engineer Salaries

Luminous Power Technologies Hardware Design Engineer salary in India ranges between ₹4.3 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Luminous Power Technologies latest salaries received from various employees of Luminous Power Technologies.