Luminous Power Technologies Hardware Design Engineer Salaries by 4 Employees

1 - 3 years exp.

₹4.3 Lakhs - ₹8.3 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

15% 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
Lava International Hardware Design Engineer Salary 0 - 3 years exp. (11 salaries)	₹6.8 L/yr - ₹12 L/yr 84% more
Whirlpool Hardware Design Engineer Salary 3 - 7 years exp. (5 salaries)	₹2.8 L/yr - ₹10.4 L/yr 1% more
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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
HCLTech Hardware Design Engineer Salary 1 - 4 years exp. (272 salaries)	₹2 L/yr - ₹10.5 L/yr 5% 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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(8 salaries)

₹6 L/yr - ₹8.4 L/yr

Product Design Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Design Engineer Salary

(6 salaries)

₹3.6 L/yr - ₹8.08 L/yr

Electrical Design Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Process Engineer Salary

(4 salaries)

₹2 L/yr - ₹7.3 L/yr

Senior Engineer Salary

(90 salaries)

₹3.6 L/yr - ₹14 L/yr

Project Engineer Salary

(4 salaries)

₹3.5 L/yr - ₹4.95 L/yr

Electrical Engineer Salary

(8 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Assistant Engineer Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Mechanical Engineer Salary

(7 salaries)

₹3.2 L/yr - ₹6.7 L/yr

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.

Salary - Poor

+3 more

HR Leader in Gurgaon / Gurugram

Full Time

Human Resources Department

5.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

Focus on sustainability, innovation and learning. It's an empowering and inclusive culture where I feel safe to be myself and voice my opinions. There is a strong bonding in the team and I feel that I have great opportunities to grow along with the organization. The policies are best in class and I can give feedback for improvement.

Salary - Good

+6 more

Dislikes

We could do better on compensation.

Area Service Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Feb 2025

2.0

for Salary and Benefits

Likes

Company service policy is very good for customer

Skill development - Good

+4 more

Dislikes

As per our job profile my salary is very poor as per New Employee who joins the company, now their salary is very good, compared to us Same job profile

Salary - Poor

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.

Salary - Good

+6 more

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..

Company culture - Good

+1 more

Dislikes

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

Salary - Bad

+2 more

see more salary related reviews

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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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Luminous Power Technologies Hardware Design Engineer Salary FAQs

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

The average salary of a Hardware Design Engineer at Luminous Power Technologies in India typically ranges from ₹4.3 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Hardware Design Engineer at Luminous Power Technologies earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Hardware Design Engineer Salaries at Luminous Power Technologies 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 Luminous Power Technologies employees in India.

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 in India typically ranges from ₹44,593 to ₹45,689 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 1 year to 3 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 Luminous Power Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Luminous Power Technologies for Hardware Design Engineer in India?

Signify	₹12.6 Lakhs to ₹14.8 Lakhs per year
Lava International	₹6.8 Lakhs to ₹12.0 Lakhs per year
Bajaj Electricals	₹6.2 Lakhs to ₹13.0 Lakhs per year
HCLTech	₹2.0 Lakhs to ₹10.5 Lakhs per year
Whirlpool	₹2.8 Lakhs to ₹10.4 Lakhs per year

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

How the salary growth look like for a Hardware Design Engineer at Luminous Power Technologies in India?

The salary growth for a Hardware Design Engineer at Luminous Power Technologies depends on factors such as experience, performance, and promotions. On average, a Hardware Design Engineer can expect the following growth trajectory at Luminous Power Technologies:

Experience	Average Salary Range
1 year	₹3.8 Lakhs to ₹4.9 Lakhs per year
2 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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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.