Lucas-TVS Chennai Diploma Electrical Engineer Salaries by 9 Employees

0 - 3 years exp.

₹0.5 Lakh - ₹2.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Diploma Electrical Engineer Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Electrical Engineer Salary 1 - 3 years exp. (3 salaries)	₹0.5 L/yr - ₹2 L/yr
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Project & Program Management Diploma Electrical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 31 Aug 2023

Companies similar to Lucas-TVS for Diploma Electrical Engineer in Chennai

Lucas-TVS Diploma Electrical Engineer Salary

0 - 3 years exp. (9 salaries)

₹0.5 L/yr - ₹2.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Hyundai Motor India Limited Diploma Electrical Engineer Salary 0 - 5 years exp. (26 salaries)	₹1.4 L/yr - ₹4 L/yr 76% more
Avalon Technologies Diploma Electrical Engineer Salary 1 - 6 years exp. (10 salaries)	₹1.7 L/yr - ₹3.2 L/yr 53% more
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Wheels Diploma Electrical Engineer Salary 2 - 5 years exp. (7 salaries)	₹1.6 L/yr - ₹2.1 L/yr 30% more
Sundaram Clayton Diploma Electrical Engineer Salary 1 - 3 years exp. (7 salaries)	₹1.1 L/yr - ₹2.3 L/yr 4% more
Ashok Leyland Diploma Electrical Engineer Salary 3 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹2.4 L/yr 61% more

Diploma Electrical Engineer salary at Lucas-TVS ranges between ₹0.5 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Diploma Electrical Engineer salaries in Chennai

Last Updated: 31 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.6 L/yr
1 year (4 salaries)	₹0.5 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Similar Designation salaries in Lucas-TVS

Senior Engineer Salary

(110 salaries)

₹4.2 L/yr - ₹10.2 L/yr

Assistant Engineer Salary

(35 salaries)

₹3 L/yr - ₹5.3 L/yr

Maintenance Engineer Salary

(11 salaries)

₹2 L/yr - ₹6.77 L/yr

Electrical Engineer Salary

(6 salaries)

₹2 L/yr - ₹4.5 L/yr

Senior Project Engineer Salary

(3 salaries)

₹6.8 L/yr - ₹8.2 L/yr

Salary related reviews for Lucas-TVS

4.1

Rated by 3 employees for salary & benefits

Assistant Engineer in Chennai

Defense Department

1.0

• posted on 18 Aug 2021

1.0

for Salary and Benefits

Likes

...kers. Worst company . You will not have any kind of improvements in skill wise..also salary wise.

Dislikes

Simply... a weak management. If you can cheat and chainchap to ur boss. Its ur place. No hard work required. Chainchap.

Salary - Bad

+6 more

Supervisor

Production, Manufacturing & Engineering Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

This company is open to innovation and readily adopts latest technology. I love the fact that iam part off team, high quality products ,no travelnot available, and work happily in collaboration. So very good

Skill development - Good

+4 more

Dislikes

...Sometimes, I have work 16-18 hours straight in a day as I have to attend shifts. Many time iam coming in night shifts ,travel vehicle not arrange then full problem, salary is very low level, no on job training only work. Which is pain somtimes.

Assistant Engineer in Pondicherry / Puducherry

Process (Engineering) Department

3.0

• posted on 02 Jan 2019

3.0

for Salary and Benefits

Likes

Hello, In my experience, Lucas TVS is been a wonderful platform for beginners to learn more Skill & knowledge. Reasonable renumerance & benefits. I don't recommend beginners to not to stick around for more than 3 years.

Skill development - Good

+2 more

Dislikes

...ull on politics, politics everywhere keep that in mind. Not much in low level. Salary & grade revision is an absolute non-sense. Its all about your learning rather than depending on others. No OT or allowances

Company culture - Poor

Middle Level Manager in Chennai

Full Time

Other Department

4.0

• posted on 10 Nov 2024

2.0

for Salary and Benefits

Likes

Great company for learning. Mistakes are not seen fatal Good facilities

Job security - Excellent

+1 more

Dislikes

Non standard salary compensation. Outside talents are respected more than inhouse talents N+1 decides your growth. Effort, output and Recognition is not comparable across verticals/ departments

Salary - Poor

Senior Design Engineer in Chennai

Full Time

Research & Development Department

3.0

• posted on 02 Oct 2024

3.0

for Salary and Benefits

Likes

Good food, very good learning because they will dumb the work so you will start to learn.. nice uniform,

Skill development - Good

+1 more

Dislikes

All Saturday working, no sick leave or emergency leave, poor appraisal percentage, huge politics, salary scale is too poor compared to market.

Promotions - Poor

+2 more

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Salary Discussions, Hike & Promotions

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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Lucas-TVS Diploma Electrical Engineer Salary FAQs

What is the salary of Diploma Electrical Engineer at Lucas-TVS in Chennai?

The average salary of a Diploma Electrical Engineer at Lucas-TVS in Chennai typically ranges from ₹0.5 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Diploma Electrical Engineer in Chennai at Lucas-TVS earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Diploma Electrical Engineer Salaries at Lucas-TVS 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 9 Lucas-TVS employees in India.

What is the estimated take home salary of a Diploma Electrical Engineer at Lucas-TVS in Chennai?

The estimated take-home salary of a Diploma Electrical Engineer at Lucas-TVS in Chennai typically ranges from ₹9,708 to ₹10,763 per month. This is based on the average salary range of ₹0.5 Lakhs to ₹2.2 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 9 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lucas-TVS for Diploma Electrical Engineer in India?

Hyundai Motor India Limited	₹1.4 Lakhs to ₹4.0 Lakhs per year
Ashok Leyland	₹2.1 Lakhs to ₹2.4 Lakhs per year
Avalon Technologies	₹1.7 Lakhs to ₹3.2 Lakhs per year
Wheels	₹1.6 Lakhs to ₹2.1 Lakhs per year
Sundaram Clayton	₹1.1 Lakhs to ₹2.3 Lakhs per year

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

How the salary growth look like for a Diploma Electrical Engineer at Lucas-TVS in Chennai?

The salary growth for a Diploma Electrical Engineer at Lucas-TVS in Chennai depends on factors such as experience, performance, and promotions. On average, a Diploma Electrical Engineer in Chennai can expect the following growth trajectory at Lucas-TVS:

Experience	Average Salary Range
Fresher	₹1.2 Lakhs to ₹1.6 Lakhs per year
1 year	₹0.5 Lakhs to ₹2.2 Lakhs per year
2 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
3 years	₹1.4 Lakhs to ₹1.7 Lakhs per year

and so on.

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Lucas-TVS Diploma Electrical Engineer Salaries in Chennai

Lucas-TVS Diploma Electrical Engineer salary in Chennai ranges between ₹0.5 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Lucas-TVS latest salaries received from various employees of Lucas-TVS.