TVS Sundram Fasteners Erode Engineer Salaries by 4 Employees

2 - 5 years exp.

₹4.1 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

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Last Updated: 14 Nov 2024

Companies similar to TVS Sundram Fasteners for Engineer in Erode

TVS Sundram Fasteners Engineer Salary

2 - 5 years exp. (4 salaries)

₹4.1 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
JS Auto Cast Foundry Engineer Salary 4 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹4.2 L/yr 14% less
Sakthi Auto Components Engineer Salary 1 - 13 years exp. (8 salaries)	₹1.2 L/yr - ₹4.3 L/yr 28% less
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Brakes India Engineer Salary 1 - 11 years exp. (6 salaries)	₹4.6 L/yr - ₹7 L/yr 44% more
Metalman Auto Engineer Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 20% less
Caresoft Global Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr At par

Engineer salary at TVS Sundram Fasteners ranges between ₹4.1 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners.

Experience wise TVS Sundram Fasteners Engineer salaries in Erode

Last Updated: 14 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for TVS Sundram Fasteners

Technician in Madurai

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Jun 2022

5.0

for Salary and Benefits

Likes

Good safety culture, Good work environment and culture. well structured management and transparent company policies are good..

Salary - Excellent

+6 more

Dislikes

compensation is decent .. skill improvement trainings need to improve..

Production Engineer in Chennai

Production, Manufacturing & Engineering Department

4.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

Good learning experience my company, work culture good salary low compared to other company

Skill development - Good

+1 more

Dislikes

my salary compare to my experience based low so economically can't manage my family life so leave the my company

Senior Key Account Executive in Chennai

Full Time

OE - Marketing (Key Accounts) Department

4.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

A good learning school & for those who work to the core, company supports very well. Compensation is fair enough to survive that's it we can say.

Job security - Excellent

+2 more

Dislikes

HR doesn't reviews the salary of a person working on a level to the new comer on the same level which causes self disgrace to the existing employment. Allowances are age old which needs to be revised to the present inflation level.

Salary - Poor

+1 more

Quality Inspector in Gummidipoondi

Full Time

Quality Assurance Department

1.0

• posted on 07 Aug 2022

1.0

for Salary and Benefits

Likes

My honest review: poor infrastructure, heavy work low salary, there is no safety, very very worst food(sundram fasteners autolec division). Room to company distance upto 3KM. No transport facility..but its only learning platform.. Contract Employees behaviour very worst...worst Management.. There is no neatness of company.. Its not right place to future grow work.. Bad job security...

Skill development - Good

Dislikes

Overall very bad company...

Salary - Bad

+5 more

Quality Engineer in Chennai

Full Time

Metallurgical Lab Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

It's a one of the fastest growing company in manufacturing with zero defects. I am happy to work with that.

Salary - Good

+6 more

Dislikes

Increment and bonus are not good. No incentives and benefits and also work pressure is very high

see more salary related reviews

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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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TVS Sundram Fasteners Engineer Salary FAQs

What is the salary of Engineer at TVS Sundram Fasteners in Erode?

The average salary of a Engineer at TVS Sundram Fasteners in Erode typically ranges from ₹4.1 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Engineer in Erode at TVS Sundram Fasteners earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Engineer Salaries at TVS Sundram Fasteners 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 TVS Sundram Fasteners employees in India.

What is the estimated take home salary of a Engineer at TVS Sundram Fasteners in Erode?

The estimated take-home salary of a Engineer at TVS Sundram Fasteners in Erode typically ranges from ₹32,470 to ₹33,747 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 2 years to 5 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 TVS Sundram Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TVS Sundram Fasteners for Engineer in India?

Brakes India

₹4.6 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Engineer in companies similar to TVS Sundram Fasteners in Erode?

The salary of a Engineer at companies similar to TVS Sundram Fasteners in Erode varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Caresoft Global	₹3.6 Lakhs to ₹4.5 Lakhs per year
JS Auto Cast Foundry	₹2.4 Lakhs to ₹4.2 Lakhs per year
Metalman Auto	₹2.0 Lakhs to ₹4.2 Lakhs per year
Sakthi Auto Components	₹1.2 Lakhs to ₹4.3 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 Engineer at TVS Sundram Fasteners in Erode?

The salary growth for a Engineer at TVS Sundram Fasteners in Erode depends on factors such as experience, performance, and promotions. On average, a Engineer in Erode can expect the following growth trajectory at TVS Sundram Fasteners:

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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TVS Sundram Fasteners Engineer Salaries in Erode

TVS Sundram Fasteners Engineer salary in Erode ranges between ₹4.1 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Sundram Fasteners latest salaries received from various employees of TVS Sundram Fasteners.