Lucas-TVS Hardware Engineer Salaries by 3 Employees (Updated 2024)

1 - 4 years exp.

₹2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Hardware Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 24 Jun 2023

Companies similar to Lucas-TVS for Hardware Engineer

Company name	Avg Annual Salary	Open Jobs
Bosch Hardware Engineer Salary 0 - 4 years exp. (21 salaries)	₹3.8 L/yr - ₹10 L/yr 48% more
UNO Minda Hardware Engineer Salary 1 - 3 years exp. (4 salaries)	₹3 L/yr - ₹9 L/yr 18% more
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Bharat Forge Hardware Engineer Salary 0 - 22 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 14% less
ZF Commercial Vehicle Control Systems Hardware Engineer Salary 3 years exp. (3 salaries)	₹7.2 L/yr - ₹10 L/yr 95% more
Valeo Hardware Engineer Salary 2 - 7 years exp. (131 salaries)	₹5.4 L/yr - ₹14 L/yr 133% more
Continental Automotive Components Hardware Engineer Salary 1 - 8 years exp. (10 salaries)	₹6 L/yr - ₹20 L/yr 175% more
Continental Hardware Engineer Salary 0 - 5 years exp. (4 salaries)	₹3.6 L/yr - ₹10 L/yr 61% more
Aptiv Hardware Engineer Salary 0 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹10 L/yr 51% more	1 job opening
Forvia Hella Hardware Engineer Salary 0 - 3 years exp. (4 salaries)	₹5 L/yr - ₹9.5 L/yr 103% more	2 job openings

Hardware Engineer salary at Lucas-TVS ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Hardware Engineer salaries

Last Updated: 24 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Lucas-TVS

Senior Engineer Salary

(169 salaries)

₹4.2 L/yr - ₹10.3 L/yr

Lead Engineer Salary

(4 salaries)

₹1 L/yr - ₹8.2 L/yr

Process Engineer Salary

(24 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Junior Engineer Salary

(54 salaries)

₹2 L/yr - ₹4.8 L/yr

Assistant Engineer Salary

(90 salaries)

₹2.45 L/yr - ₹5.3 L/yr

Structural Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Design Engineer Salary

(78 salaries)

₹2 L/yr - ₹7.2 L/yr

Electrical Engineer Salary

(21 salaries)

₹1 L/yr - ₹7.5 L/yr

Mechanical Engineer Salary

(40 salaries)

₹1.15 L/yr - ₹5.85 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.5 L/yr - ₹16 L/yr

Salary related reviews for Lucas-TVS

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,

Dislikes

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

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.

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.

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

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

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

Senior Engineer Mechanical in Pondicherry / Puducherry

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 28 Feb 2024

3.0

for Salary and Benefits

Likes

Only thing food is provided

Dislikes

...gned. This can lead to dissatisfaction and confusion for new employees. Salary Hike and CTC: Negotiating a 20-30% hike is commendable, but the lack of clarity regarding the CTC (Cost to Company) in the offer can be misleading. Employees deserve accurate information upfront. Deductions and Hidden Costs: Deducting costs such as medical allowance, insurance, LTA, lunch, snacks, uniform, and transport without clear communication can be frustrating. Transparency is crucial to build trust. Leave Policy: Having only 14 days of earned leave (without casual or sick leaves) seems restrictive. Adequate leave provisions are essential for work-life balance. Resignation Process and Offer Correction: If you are hired by Lucas-TVS, it is crucial to receive a formal offer letter before taking any steps related to resignation. Insist on having all terms and conditions in writing, including the designation, compensation, and other relevant details. If the offer is not provided officially over email or in writing, exercise caution and seek clarification. The subsequent threat of cancellation adds unnecessary stress. Correcting the offer after joining, especially regarding designation and CTC, is unfair and disappointing. THE COMPANY IS NOT FOR ENERGETIC ONES

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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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Lucas-TVS Hardware Engineer Salaries

Lucas-TVS Hardware Engineer salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.

Lucas-TVS Hardware Engineer salaries in India

Companies similar to Lucas-TVS for Hardware Engineer

Latest annual salaries shared by Lucas-TVS Hardware Engineer

Experience wise Lucas-TVS Hardware Engineer salaries

Similar Designation salaries in Lucas-TVS

Salary related reviews for Lucas-TVS

Senior Design Engineer in Chennai

Assistant Engineer in Chennai

Assistant Engineer in Pondicherry / Puducherry

Middle Level Manager in Chennai

Senior Engineer Mechanical in Pondicherry / Puducherry

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