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Valeo New Product Development Engineer Trainee salaries in India

Annual salary range
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₹2.1 Lakhs - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Last Updated: 3 Aug 2024

Companies similar to Valeo for New Product Development Engineer Trainee

Company name Avg Annual Salary Open Jobs
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₹1.6 L/yr - ₹1.8 L/yr

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₹1.6 L/yr - ₹3.8 L/yr

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₹2.4 L/yr - ₹3 L/yr

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₹1.4 L/yr - ₹1.8 L/yr

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₹1.6 L/yr - ₹1.7 L/yr

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New Product Development Engineer Trainee salary at Valeo ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Valeo.

Similar Designation salaries in Valeo

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₹2.2 L/yr - ₹10.5 L/yr
Product Development Engineer Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Development Engineer Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹1.15 L/yr - ₹4.5 L/yr
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₹5.1 L/yr - ₹12 L/yr
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₹6.55 L/yr - ₹15 L/yr
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₹2.3 L/yr - ₹8.8 L/yr
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₹7.2 L/yr - ₹24 L/yr
Production Officer Salary
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₹16.3 L/yr - ₹20.8 L/yr
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₹3 L/yr - ₹5.2 L/yr

Salary related reviews for Valeo

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 03 Oct 2024

1.0
 for  Salary and Benefits

Likes

Work environment is good. Culture is good. I love the place personally.

Dislikes

...s or new employees they are not telling under which payroll you are going to be. Valeo payroll is the best for everything with more salary and more hikes. But others are with less salary, less benefits and less hikes. But nowadays for valeo employees also hike is very less. Very frustrated. They are not even considering our efforts for hikes. They are not even converting to internal employee. Lost confidence in working. Lost interest in working here.

read more

Full Time

 · 

Research & Development Department

2.0
  •  posted on 25 Dec 2024

4.0
 for  Salary and Benefits

Likes

Good salary and culture

Dislikes

Talking about Mechanical,- Uncertain layoff , team switching, no growth & politics in some team due to incompetent managers to secure their job. One such team I have worked and unemployed for months.

read more

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 19 Dec 2023

4.0
 for  Salary and Benefits

Likes

...ing environment is absolutely amazing and work life balance is well maintained. Salary and benefits to employees are also good.

read more

Dislikes

Employees need to be recognised for their work individually and considered for upgrade of their position and project development by the Manager not that employee needs to enact on it it’s higher officials to enact.

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Full Time

 · 

Research & Development Department

4.0
  •  posted on 06 Mar 2023

4.0
 for  Salary and Benefits

Likes

Good salary compared to other automotive companies in the market. Work life balance is depends on team and department.

read more

Dislikes

For mechanical work is no research and development activities or product design developments. Similar to service industry where the design lead will be in onsite and communicate work instructions you simply doing that's it. No platform to feel product ownership in chennai site.

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Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 30 Oct 2022

5.0
 for  Salary and Benefits

Likes

1.You get to work on new and latest products out there in the market. 2.Learning will be great Enough. 3.If you are truly skilled and problem solver you climb up the ladder pretty easy. 4.Compensation is best in the industry. 5.You'll get benifits and bonuses.

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Dislikes

...they will say it's not shortlisted and they contact them directly and hire them. So in this way they will not pay you referral bonus. The best possible way of cheating. This shows how HRs work in the compay. Efforts are from employees finding talent, give them profiles and they simply reject in email/portal and they hire him directly to avoid paying you referral bonus. Being HR they talk a lot about values, policies and loy other stuff. What they are doing here is assigning their talent acquisition task to other fellow employees so that they refer and make their job easy. (This is the worst I have seen in my career.)

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Valeo New Product Development Engineer Trainee Salary FAQs

What is the notice period for New Product Development Engineer Trainee at Valeo?
According to AmbitionBox, 100% of the Valeo New Product Development Engineer Trainees reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Valeo New Product Development Engineer Trainee salary in India ranges between ₹2.1 Lakhs to ₹2.7 Lakhs. This is an estimate based on latest salaries received from employees of Valeo.