Lucas-TVS Sourcing Engineer Salaries by 4 Employees

2 - 11 years exp.

₹4.7 Lakhs - ₹5.9 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Sourcing Engineer Salary in Auto Components Companies for 2 - 11 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Lucas-TVS for Sourcing Engineer

Company name	Avg Annual Salary	Open Jobs
IndustryBuying.com Sourcing Engineer Salary 0 - 6 years exp. (71 salaries)	₹2.7 L/yr - ₹5.3 L/yr 14% less
Epiroc Sourcing Engineer Salary 0 - 6 years exp. (33 salaries)	₹2 L/yr - ₹8.5 L/yr 14% less
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Atlas Copco Sourcing Engineer Salary 1 - 10 years exp. (26 salaries)	₹3.5 L/yr - ₹12.5 L/yr 48% more
HCLTech Sourcing Engineer Salary 2 - 6 years exp. (21 salaries)	₹2.5 L/yr - ₹8.7 L/yr 19% less
Ashok Leyland Sourcing Engineer Salary 1 - 8 years exp. (20 salaries)	₹2 L/yr - ₹5.5 L/yr 32% less

Sourcing Engineer salary at Lucas-TVS ranges between ₹4.7 Lakhs to ₹5.9 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Sourcing Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr

View all

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SCM Engineer Salary

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Assistant Engineer Salary

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Supply Chain Engineer Salary

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₹4.8 L/yr - ₹6.1 L/yr

Purchase Officer Salary

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₹2 L/yr - ₹5.5 L/yr

Purchase Manager Salary

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₹3.5 L/yr - ₹21 L/yr

Salary related reviews for Lucas-TVS

3.0

Rated by 1 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

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

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

Skill development - Bad

+3 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Lucas-TVS Sourcing Engineer Salary FAQs

What is the salary of Sourcing Engineer at Lucas-TVS ?

The average salary of a Sourcing Engineer at Lucas-TVS in India typically ranges from ₹4.7 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Sourcing Engineer at Lucas-TVS earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Sourcing 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 4 Lucas-TVS employees in India.

What is the estimated take home salary of a Sourcing Engineer at Lucas-TVS in India?

The estimated take-home salary of a Sourcing Engineer at Lucas-TVS in India typically ranges from ₹39,704 to ₹40,874 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 2 years to 11 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 4 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 Sourcing Engineer in India?

Atlas Copco

₹3.5 Lakhs to ₹12.5 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.

What is the salary of a Sourcing Engineer in companies similar to Lucas-TVS in India?

The salary of a Sourcing Engineer at companies similar to Lucas-TVS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndustryBuying.com	₹2.7 Lakhs to ₹5.3 Lakhs per year
Epiroc	₹2.0 Lakhs to ₹8.5 Lakhs per year
HCLTech	₹2.5 Lakhs to ₹8.7 Lakhs per year
Ashok Leyland	₹2.0 Lakhs to ₹5.5 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 Sourcing Engineer at Lucas-TVS in India?

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

Experience	Average Salary Range
2 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
3 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Lucas-TVS Sourcing Engineer Salaries

Lucas-TVS Sourcing Engineer salary in India ranges between ₹4.7 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.

Lucas-TVS Sourcing Engineer salaries in India

Companies similar to Lucas-TVS for Sourcing Engineer

Latest annual salaries shared by Lucas-TVS Sourcing Engineer

Experience wise Lucas-TVS Sourcing Engineer salaries

Similar Designation salaries in Lucas-TVS

Salary related reviews for Lucas-TVS

Assistant Engineer in Chennai

Assistant Engineer in Pondicherry / Puducherry

Middle Level Manager in Chennai

Senior Design Engineer in Chennai

Senior Engineer Mechanical in Pondicherry / Puducherry

Lucas-TVS Sourcing Engineer Salary FAQs

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