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Valeo Product Design Engineer salaries in Chennai

Annual salary range
2 - 7 years exp.
₹2.4 Lakhs - ₹11.1 Lakhs
Salary of majority employees
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29% less than the average Product Design Engineer Salary in Auto Components Companies for 2 - 7 years of experience

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Last Updated: 4 Nov 2024

Companies similar to Valeo for Product Design Engineer in Chennai

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Valeo Product Design Engineer Salary

2 - 7 years exp. (6 salaries)

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₹2.4 L/yr - ₹11.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.9 L/yr - ₹8.4 L/yr

arrow icon 16% more
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Ashok Leyland Product Design Engineer Salary

0 - 4 years exp. (5 salaries)

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₹2.1 L/yr - ₹3 L/yr

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MRF Tyres Product Design Engineer Salary

0 - 3 years exp. (4 salaries)

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₹5.7 L/yr - ₹8.6 L/yr

arrow icon 13% more
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Brakes India Product Design Engineer Salary

3 - 5 years exp. (4 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 31% less
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Yazaki Product Design Engineer Salary

4 - 7 years exp. (4 salaries)

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₹5.2 L/yr - ₹6.3 L/yr

arrow icon 5% less
Product Design Engineer salary at Valeo ranges between ₹2.4 Lakhs to ₹11.1 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Valeo.

Latest annual salaries shared by Valeo Product Design Engineer in Chennai

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Experience wise Valeo Product Design Engineer salaries in Chennai

Last Updated: 4 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
View all

Similar Designation salaries in Valeo

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₹3.72 L/yr - ₹11.5 L/yr
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₹6.55 L/yr - ₹15 L/yr
Junior Engineer Salary
(31 salaries)
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₹2.2 L/yr - ₹5.4 L/yr
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₹3.25 L/yr - ₹6 L/yr
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₹2.3 L/yr - ₹8.8 L/yr
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₹5 L/yr - ₹7.5 L/yr
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₹10.1 L/yr - ₹22 L/yr
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₹1.15 L/yr - ₹3.6 L/yr

Salary related reviews for Valeo

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.

read more

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.

read more

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.

read more

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.)

read more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 12 Sep 2020

4.0
 for  Salary and Benefits

Likes

Only pay is good other than that nothing is good.

Dislikes

...nagers. Work pressure is more. If they don't have project they will not pay you. Billing basis Salary System.Management want only the billing if the work is different then your profile.Worst Company.

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Research & Development Department

4.0
  •  posted on 17 Feb 2022

5.0
 for  Salary and Benefits

Likes

When you talk about valeo,the first thing comes to mind is the Employee compensation and benefits. They are above average among the market and good place for anyone to start career with. You will have good job security and good learnings for a brief amount of time. Company timings are flexible , so you wont be having any problem working here. Smooth secured career if you like to stay for even 10 years.

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Dislikes

Over a period of time the job you will work become monotonous and you will not be involved with any core Engineering activites. You will be designing the same things by practice and Cad skills and nothing to learn in terms of practical. Yes we do have benchmark products to see with eyes but when you design and you face problems you will learn. Here you will not get opportunity.

read more
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Valeo Product Design Engineer Salary FAQs

What is the salary of Product Design Engineer at Valeo Chennai?
Product Design Engineer salary at Valeo in Chennai ranges between ₹2.4 Lakhs to ₹11.1 Lakhs for experience between 2 years to 7 years. According to our estimates it is 29% less than the average Product Design Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Valeo Chennai.
How does the salary of a Product Design Engineer at Valeo Chennai compare with the average salary range for this job?
The average salary of a Product Design Engineer at Valeo is 29% less than the average salary of a Product Design Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Valeo to a Product Design Engineer in Chennai?
  • Mahindra & Mahindra Product Design Engineer Salary - ₹4.9 Lakhs to ₹8.4 Lakhs per year
  • MRF Tyres Product Design Engineer Salary - ₹5.7 Lakhs to ₹8.6 Lakhs per year
What is the salary of a Product Design Engineer in companies similar to Valeo in Chennai?
  • Yazaki Product Design Engineer Salary - ₹5.2 Lakhs to ₹6.3 Lakhs per year
  • Brakes India Product Design Engineer Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
  • Ashok Leyland Product Design Engineer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Product Design Engineer at Valeo in Chennai?
The estimated take-home salary of a Product Design Engineer at Valeo ranges between ₹46,809 per month to ₹47,918 per month in Chennai. The take-home salary calculation is based on the average Valeo Product Design Engineer salary in India which ranges between ₹2.4 Lakhs to ₹11.1 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Product Design Engineer at Valeo in Chennai?
According to AmbitionBox, 67% of the Valeo Product Design Engineers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Valeo Product Design Engineer salary in Chennai ranges between ₹2.4 Lakhs to ₹11.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Valeo latest salaries received from various employees of Valeo.