Valeo Service India Chennai Hardware Engineer Salaries by 5 Employees

2 - 5 years exp.

₹5 Lakhs - ₹7.6 Lakhs

Salary of majority employees

At par with the average Hardware Engineer Salary in Auto Components Companies for 2 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Valeo Service India for Hardware Engineer in Chennai

Valeo Service India Hardware Engineer Salary

2 - 5 years exp. (5 salaries)

₹5 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Valeo Hardware Engineer Salary 2 - 8 years exp. (105 salaries)	₹5.4 L/yr - ₹13.8 L/yr 52% more
HCLTech Hardware Engineer Salary 0 - 6 years exp. (45 salaries)	₹3.5 L/yr - ₹9 L/yr 14% less
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Data Patterns Hardware Engineer Salary 3 - 6 years exp. (23 salaries)	₹4 L/yr - ₹11 L/yr 17% more
HCL Group Hardware Engineer Salary 1 - 7 years exp. (16 salaries)	₹3.1 L/yr - ₹7.5 L/yr 3% less
Cyient Hardware Engineer Salary 8 years exp. (12 salaries)	₹10.2 L/yr - ₹14.5 L/yr 63% more	1 job opening

Hardware Engineer salary at Valeo Service India ranges between ₹5 Lakhs to ₹7.6 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Valeo Service India.

Experience wise Valeo Service India Hardware Engineer salaries in Chennai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹5 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr

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Salary related reviews for Valeo Service India

Project Buyer New Product Proto Development - EMachine in Chennai

Finance & Accounting Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

Overall experience is good. leading automobile industry manufacture in globe and they are markets reliable and making high quality products. Cultural backgrounds is so good and work happily with collaboration. I also like flexi working hours policy to maintain the work life balance.

Salary - Excellent

+5 more

Dislikes

Compensation is decent, but growth is slow.

Sales Executive in Raipur

Data Science & Analytics Department

5.0

• posted on 06 May 2021

1.0

for Salary and Benefits

Likes

The company is open to Innovation And Readily Adopts Technology.I Love The fact that i am a part of a team that markets Reliable,high quality products and has a globle client base. as a result.

Skill development - Excellent

+1 more

Dislikes

Job security,Career growth&salary

Salary - Bad

+4 more

Hardware Design Lead And Pre Expert In Magnetics in Chennai

Engineering - Software & QA Department

3.0

• posted on 11 Sep 2021

4.0

for Salary and Benefits

Likes

Job security is depends on existence of the project. If no project you ll be in bench. Management is not good more politics with indian manager, but parent company management is good. Company policy is good compare to other automotive companies.

Salary - Good

+2 more

Dislikes

Management and managers. Due to their incapabilities many good resources are resigned. No recognition from managers for the excellent work delivered by employees. HR is not responding for employe concerns.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Valeo Service India Hardware Engineer Salary FAQs

What is the salary of Hardware Engineer at Valeo Service India in Chennai?

The average salary of a Hardware Engineer at Valeo Service India in Chennai typically ranges from ₹5.0 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Hardware Engineer in Chennai at Valeo Service India earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Hardware Engineer Salaries at Valeo Service India 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 5 Valeo Service India employees in India.

What is the estimated take home salary of a Hardware Engineer at Valeo Service India in Chennai?

The estimated take-home salary of a Hardware Engineer at Valeo Service India in Chennai typically ranges from ₹50,979 to ₹52,181 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.6 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 5 salaries received from various employees of Valeo Service India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Valeo Service India for Hardware Engineer in India?

Cyient	₹10.2 Lakhs to ₹14.5 Lakhs per year
Valeo	₹5.4 Lakhs to ₹13.8 Lakhs per year
Data Patterns	₹4.0 Lakhs to ₹11.0 Lakhs per year

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

What is the salary of a Hardware Engineer in companies similar to Valeo Service India in Chennai?

The salary of a Hardware Engineer at companies similar to Valeo Service India in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HCL Group	₹3.1 Lakhs to ₹7.5 Lakhs per year
HCLTech	₹3.5 Lakhs to ₹9.0 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 Hardware Engineer at Valeo Service India in Chennai?

The salary growth for a Hardware Engineer at Valeo Service India in Chennai depends on factors such as experience, performance, and promotions. On average, a Hardware Engineer in Chennai can expect the following growth trajectory at Valeo Service India:

Experience	Average Salary Range
2 years	₹5.0 Lakhs to ₹6.7 Lakhs per year
4 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
5 years	₹6.8 Lakhs to ₹8.7 Lakhs per year

and so on.

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Valeo Service India Hardware Engineer Salaries in Chennai

Valeo Service India Hardware Engineer salary in Chennai ranges between ₹5 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Valeo Service India latest salaries received from various employees of Valeo Service India.