Lucas-TVS Chennai Sourcing Engineer Salaries by 4 Employees

2 - 11 years exp.

₹4.7 Lakhs - ₹5.9 Lakhs

Salary of majority employees

8% 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 in Chennai

Lucas-TVS Sourcing Engineer Salary

2 - 11 years exp. (4 salaries)

₹4.7 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Ashok Leyland Sourcing Engineer Salary 1 - 8 years exp. (15 salaries)	₹2 L/yr - ₹5.5 L/yr 33% less
Parker Hannifin Sourcing Engineer Salary 3 - 12 years exp. (9 salaries)	₹7.5 L/yr - ₹10.3 L/yr 63% more
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Foxconn Sourcing Engineer Salary 4 - 7 years exp. (7 salaries)	₹2.6 L/yr - ₹8.9 L/yr 21% less
GE Sourcing Engineer Salary 1 - 6 years exp. (7 salaries)	₹1.6 L/yr - ₹4.7 L/yr 34% less
Avalon Technologies Sourcing Engineer Salary 1 - 4 years exp. (6 salaries)	₹2.1 L/yr - ₹5.5 L/yr 29% 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 in Chennai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr

Similar Designation salaries in Lucas-TVS

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Assistant Engineer Salary

(43 salaries)

₹3 L/yr - ₹5.3 L/yr

Purchase Engineer Salary

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₹1.55 L/yr - ₹6.4 L/yr

Junior Engineer Salary

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₹2 L/yr - ₹5.2 L/yr

Purchase Officer Salary

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₹2 L/yr - ₹5.5 L/yr

Purchase Manager Salary

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Graduate Engineer Salary

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Procurement Engineer Salary

(3 salaries)

₹3 L/yr - ₹10 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

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Lucas-TVS Sourcing Engineer Salary FAQs

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

Sourcing Engineer salary at Lucas-TVS in Chennai ranges between ₹4.7 Lakhs to ₹5.9 Lakhs for experience between 2 years to 11 years. According to our estimates it is 8% more than the average Sourcing Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS Chennai.

How does the salary of a Sourcing Engineer at Lucas-TVS Chennai compare with the average salary range for this job?

The average salary of a Sourcing Engineer at Lucas-TVS is 8% more than the average salary of a Sourcing Engineer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Lucas-TVS to a Sourcing Engineer in Chennai?

Parker Hannifin Sourcing Engineer Salary - ₹7.5 Lakhs to ₹10.3 Lakhs per year

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

Foxconn Sourcing Engineer Salary - ₹2.6 Lakhs to ₹8.9 Lakhs per year
Avalon Technologies Sourcing Engineer Salary - ₹2.1 Lakhs to ₹5.5 Lakhs per year
Ashok Leyland Sourcing Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
GE Sourcing Engineer Salary - ₹1.6 Lakhs to ₹4.7 Lakhs per year

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

The estimated take-home salary of a Sourcing Engineer at Lucas-TVS ranges between ₹38,869 per month to ₹40,051 per month in Chennai. The take-home salary calculation is based on the average Lucas-TVS Sourcing Engineer salary in India which ranges between ₹4.7 Lakhs to ₹5.9 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

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Lucas-TVS Sourcing Engineer Salaries in Chennai

Lucas-TVS Sourcing Engineer salary in Chennai 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.