Greaves Cotton Chennai Design Engineer Salaries by 6 Employees

0 - 3 years exp.

₹2.8 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Design Engineer Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Research & Development Design Engineer Salary 2 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹5.6 L/yr
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Production, Manufacturing & Engineering Design Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr

Last Updated: 20 Nov 2024

Companies similar to Greaves Cotton for Design Engineer in Chennai

Greaves Cotton Design Engineer Salary

0 - 3 years exp. (6 salaries)

₹2.8 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Wheels Design Engineer Salary 0 - 4 years exp. (32 salaries)	₹1.8 L/yr - ₹4.5 L/yr 39% less
Spark Minda Design Engineer Salary 0 - 4 years exp. (25 salaries)	₹1.7 L/yr - ₹5 L/yr 1% more
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TVS Sundram Fasteners Design Engineer Salary 0 - 4 years exp. (14 salaries)	₹1.5 L/yr - ₹3.8 L/yr 36% less
Steel Strips Wheels Design Engineer Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹6.5 L/yr 6% more
ZF Steering Gear Design Engineer Salary 1 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹8.5 L/yr 54% more
Magna International Design Engineer Salary 2 - 4 years exp. (5 salaries)	₹3.6 L/yr - ₹11.6 L/yr 91% more	2 job openings
Tata AutoComp Systems Design Engineer Salary 1 - 3 years exp. (5 salaries)	₹3.3 L/yr - ₹5.3 L/yr 12% more
L.G.Balakrishnan & Bros Design Engineer Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 18% less
Pricol Design Engineer Salary 2 - 7 years exp. (4 salaries)	₹4.9 L/yr - ₹7.5 L/yr 33% more

Design Engineer salary at Greaves Cotton ranges between ₹2.8 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Greaves Cotton.

Experience wise Greaves Cotton Design Engineer salaries in Chennai

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

Similar Designation salaries in Greaves Cotton

Junior Engineer Salary

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Salary related reviews for Greaves Cotton

Territory Sales Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 03 Jun 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive and the management is transparent.

Skill development - Good

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow.

Work-life balance - Poor

Marketing Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 11 Sep 2022

3.0

for Salary and Benefits

Likes

Salary credited on time

Work-life balance - Excellent

Dislikes

It's more of a trading company than engineering company, no proud or joy for products you sell. No transparency from management- no townhall meetings, there was one organized in 3 years where no questions were taken Company is stagnant / in loss, so no / meagre incentives or increments If you're stuck with a bad manager, be sure to be bullied, Even if your manager does your appraisal without discussing with you, HR will not be able to do much. No attention to processes, no direction from leadership. Needless to say, attrition is very high.

Skill development - Bad

+4 more

Manager Manufacturing Engineering in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 23 Apr 2022

3.0

for Salary and Benefits

Likes

Collaboration & Excellent teamwork. Ability to accomplish goals and meet deadlines. Great leadership & Work freedom. Great environment work culture.

Skill development - Good

+3 more

Dislikes

Slow growth & average compensation benefits. Injustice for individuals growth based on performance.

Senior Production Associate in Mumbai

Production, Manufacturing & Engineering Department

1.0

• posted on 22 May 2022

1.0

for Salary and Benefits

Likes

No job security Management is not transparent company policies are bad they give salary very low

Dislikes

...ment doesn't address issues in plant. Opportunity is not give to develop career.Very low salary increase per year.

Salary - Bad

+6 more

Senior Project Manager in Pune

Project & Program Management Department

4.0

• posted on 01 Dec 2021

3.0

for Salary and Benefits

Likes

Work Culture Average, Company policies are good, Job security is good, leave policies are good,

Dislikes

Frequent changes in Leadership, Pay scales & Growth opportunities are very poor, No functional & behavioral training,

Skill development - 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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Greaves Cotton Design Engineer Salary FAQs

What is the salary of Design Engineer at Greaves Cotton in Chennai?

The average salary of a Design Engineer at Greaves Cotton in Chennai typically ranges from ₹2.8 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Design Engineer in Chennai at Greaves Cotton earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Design Engineer Salaries at Greaves Cotton 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 6 Greaves Cotton employees in India.

What is the estimated take home salary of a Design Engineer at Greaves Cotton in Chennai?

The estimated take-home salary of a Design Engineer at Greaves Cotton in Chennai typically ranges from ₹30,832 to ₹32,134 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher 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 6 salaries received from various employees of Greaves Cotton. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Greaves Cotton for Design Engineer in India?

Magna International	₹3.6 Lakhs to ₹11.6 Lakhs per year
ZF Steering Gear	₹2.3 Lakhs to ₹8.5 Lakhs per year
Pricol	₹4.9 Lakhs to ₹7.5 Lakhs per year
Tata AutoComp Systems	₹3.3 Lakhs to ₹5.3 Lakhs per year
Steel Strips Wheels	₹2.0 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Design Engineer in companies similar to Greaves Cotton in Chennai?

The salary of a Design Engineer at companies similar to Greaves Cotton in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spark Minda	₹1.7 Lakhs to ₹5.0 Lakhs per year
L.G.Balakrishnan & Bros	₹2.4 Lakhs to ₹4.0 Lakhs per year
TVS Sundram Fasteners	₹1.5 Lakhs to ₹3.8 Lakhs per year
Wheels	₹1.8 Lakhs to ₹4.5 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 Design Engineer at Greaves Cotton in Chennai?

The salary growth for a Design Engineer at Greaves Cotton in Chennai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Chennai can expect the following growth trajectory at Greaves Cotton:

Experience	Average Salary Range
Fresher	₹3.1 Lakhs to ₹3.9 Lakhs per year
1 year	₹3.3 Lakhs to ₹4.2 Lakhs per year
2 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
3 years	₹3.7 Lakhs to ₹4.8 Lakhs per year

and so on.

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Greaves Cotton Design Engineer Salaries in Chennai

Greaves Cotton Design Engineer salary in Chennai ranges between ₹2.8 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Greaves Cotton latest salaries received from various employees of Greaves Cotton.