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Valeo Tool Room Engineer salaries in Chennai

Annual salary range
5 - 8 years exp.
₹3.8 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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27% more than the average Tool Room Engineer Salary in Auto Components Companies for 5 - 8 years of experience

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Last Updated: 6 Feb 2024

Companies similar to Valeo for Tool Room Engineer in Chennai

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Valeo Tool Room Engineer Salary

5 - 8 years exp. (4 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Magna International Tool Room Engineer Salary

7 - 12 years exp. (9 salaries)

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₹4.2 L/yr - ₹6 L/yr

arrow icon 14% more
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JK Tyres Tool Room Engineer Salary

5 - 10 years exp. (3 salaries)

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₹3 L/yr - ₹3.4 L/yr

arrow icon 30% less
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CTM India Limited Tool Room Engineer Salary

0 - 5 years exp. (17 salaries)

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₹2 L/yr - ₹3.4 L/yr

arrow icon 39% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 13% less
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Steel Strips Wheels Tool Room Engineer Salary

0 - 9 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 35% less
Tool Room Engineer salary at Valeo ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Valeo.

Latest annual salaries shared by Valeo Tool Room Engineer in Chennai

1y ago
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8 years exp.
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7 years exp.
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6 years exp.
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5 years exp.

Experience wise Valeo Tool Room Engineer salaries in Chennai

Last Updated: 6 Feb 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹6.5 L/yr

Similar Designation salaries in Valeo

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(202 salaries)
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₹5.35 L/yr - ₹19.5 L/yr
Design Engineer Salary
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₹4.2 L/yr - ₹12.1 L/yr
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₹4.2 L/yr - ₹13.3 L/yr
Junior Engineer Salary
(28 salaries)
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₹2.45 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹5.5 L/yr
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₹1.9 L/yr - ₹9.38 L/yr

Salary related reviews for Valeo

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

2.0
  •  posted on 25 Dec 2024

4.0
 for  Salary and Benefits

Likes

Good salary and culture

  • Salary - Good
  • +1 more

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
  • Skill development - Poor
  • +4 more

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.

read more
  • Salary - Excellent
  • +5 more

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

Quality Assurance Department

5.0
  •  posted on 09 Aug 2018

4.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more
  • Salary - Good
  • +5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

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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.

  • Skill development - Good
  • +3 more

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.

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  • Salary - Bad
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 04 Nov 2023

4.0
 for  Salary and Benefits

Likes

Salary and Monetory benifits are very good

  • Salary - Good

Dislikes

Especially culture in ths tcc is to improve very much. Opportunities should be equal to all. Fevorism for their community people makes others and competent resource to feel not wel. Work culture was very good earlier, and it got transformation post COVID..

read more
  • Promotions - Poor
  • +2 more
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Valeo Tool Room Engineer Salary FAQs

What is the salary of Tool Room Engineer at Valeo Chennai?
Tool Room Engineer salary at Valeo in Chennai ranges between ₹3.8 Lakhs to ₹6.5 Lakhs for experience between 5 years to 8 years. According to our estimates it is 27% more than the average Tool Room Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Valeo Chennai.
How does the salary of a Tool Room Engineer at Valeo Chennai compare with the average salary range for this job?
The average salary of a Tool Room Engineer at Valeo is 27% more than the average salary of a Tool Room Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Valeo to a Tool Room Engineer in Chennai?
  • Magna International Tool Room Engineer Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
What is the salary of a Tool Room Engineer in companies similar to Valeo in Chennai?
  • Motherson Automotive Technologies and Engineering Tool Room Engineer Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
  • JK Tyres Tool Room Engineer Salary - ₹3.0 Lakhs to ₹3.4 Lakhs per year
  • Steel Strips Wheels Tool Room Engineer Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
  • CTM India Limited Tool Room Engineer Salary - ₹2.0 Lakhs to ₹3.4 Lakhs per year
What is the estimated take home salary of a Tool Room Engineer at Valeo in Chennai?
The estimated take-home salary of a Tool Room Engineer at Valeo ranges between ₹34,542 per month to ₹35,789 per month in Chennai. The take-home salary calculation is based on the average Valeo Tool Room Engineer salary in India which ranges between ₹3.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Tool Room Engineer at Valeo in Chennai?
According to AmbitionBox, 100% of the Valeo Tool Room Engineers in Chennai 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 Tool Room Engineer salary in Chennai ranges between ₹3.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Valeo latest salaries received from various employees of Valeo.