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Lucas-TVS

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4.0

based on 1.5k Reviews

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Lucas-TVS Senior Design & Development Engineer salaries in Chennai

Annual salary range
5 - 15 years exp.
₹7 Lakhs - ₹8.3 Lakhs
Salary of majority employees
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At par with the average Senior Design & Development Engineer Salary in Auto Components Companies for 5 - 15 years of experience

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Last Updated: 28 Feb 2024

Companies similar to Lucas-TVS for Senior Design & Development Engineer in Chennai

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Lucas-TVS Senior Design & Development Engineer Salary

5 - 15 years exp. (8 salaries)
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₹7 L/yr - ₹8.3 L/yr

vs
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Addison Senior Design & Development Engineer Salary

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Senior Design & Development Engineer salary at Lucas-TVS ranges between ₹7 Lakhs to ₹8.3 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Senior Design & Development Engineer in Chennai

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Experience wise Lucas-TVS Senior Design & Development Engineer salaries in Chennai

Last Updated: 28 Feb 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹13.7 L/yr
8 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
9 years (AmbitionBox Estimate)

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₹7 L/yr - ₹13.7 L/yr
View all

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Salary related reviews for Lucas-TVS

5.0

Rated by 1 employees for salary & benefits

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.

read more

Research And Development in Chennai

Research & Development Department

3.0
  •  posted on 22 Jul 2021
2.0
 for  Salary and Benefits

Likes

1. Good organisation for fresher 2. Work Life Balance depends on the department. 3. Free breakfast and Lunch

Dislikes

1. poor Financial Growth 2. Whatever the Negotiated salary you will get only at the end of first year. 3. Six days working.

read more

Graduate Apprentice Trainee in Chennai

Production Department

2.0
  •  posted on 16 Aug 2018
1.0
 for  Salary and Benefits

Likes

The work load is pretty less compared to other automobile industries. The working standards are safer .

Dislikes

Longer working hours with no overtime pay , sometimes you may be forced to work on Sundays too and change shifts.

read more

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

read more

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

read more
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a technical project manager
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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 Senior Design & Development Engineer Salary FAQs

What is the salary of Senior Design & Development Engineer at Lucas-TVS Chennai?
Senior Design & Development Engineer salary at Lucas-TVS in Chennai ranges between ₹7.0 Lakhs to ₹8.3 Lakhs for experience between 5 years to 15 years. According to our estimates it is 3% more than the average Senior Design & Development Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS Chennai.
How does the salary of a Senior Design & Development Engineer at Lucas-TVS Chennai compare with the average salary range for this job?
The average salary of a Senior Design & Development Engineer at Lucas-TVS is 3% more than the average salary of a Senior Design & Development Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Lucas-TVS to a Senior Design & Development Engineer in Chennai?
  • Mahindra & Mahindra Senior Design & Development Engineer Salary - ₹11.7 Lakhs to ₹15.0 Lakhs per year
  • Valeo Senior Design & Development Engineer Salary - ₹8.2 Lakhs to ₹12.5 Lakhs per year
  • Royal Enfield Senior Design & Development Engineer Salary - ₹8.6 Lakhs to ₹9.6 Lakhs per year
  • Renault Nissan Technology & Business Centre India Senior Design & Development Engineer Salary - ₹6.7 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Senior Design & Development Engineer in companies similar to Lucas-TVS in Chennai?
  • Addison Senior Design & Development Engineer Salary - ₹4.7 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Senior Design & Development Engineer at Lucas-TVS in Chennai?
The estimated take-home salary of a Senior Design & Development Engineer at Lucas-TVS ranges between ₹56,514 per month to ₹57,932 per month in Chennai. The take-home salary calculation is based on the average Lucas-TVS Senior Design & Development Engineer salary in India which ranges between ₹7.0 Lakhs to ₹8.3 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Senior Design & Development Engineer at Lucas-TVS in Chennai?
According to AmbitionBox, 67% of the Lucas-TVS Senior Design & Development Engineers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Lucas-TVS Senior Design & Development Engineer salary in Chennai ranges between ₹7 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Lucas-TVS latest salaries received from various employees of Lucas-TVS.