New Era Machines Ludhiana Salaries by 80+ Employees (Updated 2024)

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Research & Development Production, Manufacturing & Engineering Finance & Accounting Procurement & Supply Chain + 1 more

Designation	Avg Annual Salary	Open Jobs
Accounts Executive and Data Entry Operator 4 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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Assembly Line Supervisor 4 years exp. · Ludhiana (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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CNC Manager 18 years exp. · Ludhiana (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Mechanical Engineer Intern Fresher · Ludhiana (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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Draughtsman 10 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Mechanical Engineer 2 years exp. · Ludhiana (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr	1 job opening
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Quality Engineer 4 years exp. · Ludhiana (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Assistant Manager 10 - 13 years exp. · Ludhiana (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Electrician 2 - 4 years exp. · Ludhiana (3 salaries)	₹2.8 L/yr - ₹3 L/yr
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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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Salary related reviews for New Era Machines

3.7

Rated by 7 employees for salary & benefits

Mechanical Engg. Design in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 27 Mar 2021

2.0

for Salary and Benefits

Likes

they know verywell how to replace existing one with new. and how to save money from employees.

Dislikes

...ues,no time management, working atmosphere is very poor, no job satisfaction . Salary is good for feshers only but career growth is slow. There is a bond of 3 years before which you cannot resign.

General Manager in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 29 Sep 2023

4.0

for Salary and Benefits

Likes

Maintain the hierarchy. Provide the best tools to employees and all the benefits. Seniors are too supportive and very less politics to zero. No one abuses.

Dislikes

Too much pressure. Employees are most of the time are work overloaded. Cultural values are too old.

see more salary related reviews

Know more about New Era Machines Ludhiana

New Era Machines Salary FAQs

How much does New Era Machines pay per year?

The average New Era Machines salary ranges from approximately ₹2.1 Lakhs to ₹3 Lakhs per year for a HR Executive and ₹2.4 Lakhs to ₹4.6 Lakhs per year for a Project Engineer. Salary estimates are based on 89 New Era Machines salaries received from various employees of New Era Machines. New Era Machines employees rate the overall salary and benefits package 3.7/5 stars.

What is the highest salary in New Era Machines?

The highest-paying job at New Era Machines is a Project Engineer with a salary of ₹2.4 Lakhs to ₹4.6 Lakhs per year. The top 10% of employees earn more than ₹7 lakhs per year. The top 1% earn more than a whopping ₹18.98 lakhs per year.

What is the minimum salary in New Era Machines?

Minimum salary at New Era Machines depends on the role you are applying for. For HR Executive the minimum salary is ₹2.1 Lakhs to ₹3 Lakhs per year, and for Account Assistant the minimum salary is ₹2.4 Lakhs to ₹3 Lakhs per year and so on.

What is the notice period at New Era Machines in Ludhiana?

According to AmbitionBox, 43% of the New Era Machines employees in Ludhiana reported a notice period of 1 Month, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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New Era Machines Ludhiana Salaries by Department

Average annual salary in New Era Machines , Ludhiana is INR . Salary estimates are based on 89 New Era Machines latest salaries received from various employees of New Era Machines.