Lodestar Universal Mumbai Management Trainee Salaries by 4 Employees

0 - 2 years exp.

₹4.8 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Management Trainee Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Lodestar Universal for Management Trainee in Mumbai

Lodestar Universal Management Trainee Salary

0 - 2 years exp. (4 salaries)

₹4.8 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Management Trainee Salary 0 - 4 years exp. (36 salaries)	₹4 L/yr - ₹13 L/yr 70% more
Kotak Securities Management Trainee Salary 0 - 2 years exp. (21 salaries)	₹4.3 L/yr - ₹13 L/yr 41% more
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Citicorp Management Trainee Salary 1 year exp. (7 salaries)	₹19 L/yr - ₹34 L/yr 477% more
HDFC Sales Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹2.1 L/yr - ₹2.4 L/yr 58% less
HSBC Group Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹11 L/yr - ₹25 L/yr 271% more
Pine Labs Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹25 L/yr - ₹30 L/yr 350% more

Management Trainee salary at Lodestar Universal ranges between ₹4.8 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Lodestar Universal.

Experience wise Lodestar Universal Management Trainee salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
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2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr

Salary related reviews for Lodestar Universal

Rated by 1 employees for salary & benefits

Media Planner in Mumbai

Media Department

1.0

• posted on 09 Oct 2021

2.0

for Salary and Benefits

Likes

Learning is possible ....there's growth too

Dislikes

HR policies are terrible....its very disappointing to see that such a big agency demanding FnF recovery from the employee for not serving notice period...even though nothing as such is mentioned in the appointment letter.

Salary - Poor

+6 more

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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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Lodestar Universal Management Trainee Salary FAQs

What is the salary of Management Trainee at Lodestar Universal in Mumbai?

The average salary of a Management Trainee at Lodestar Universal in Mumbai typically ranges from ₹4.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in Mumbai at Lodestar Universal earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Management Trainee Salaries at Lodestar Universal 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 Lodestar Universal employees in India.

What is the estimated take home salary of a Management Trainee at Lodestar Universal in Mumbai?

The estimated take-home salary of a Management Trainee at Lodestar Universal in Mumbai typically ranges from ₹42,785 to ₹43,909 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Lodestar Universal. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lodestar Universal for Management Trainee in India?

Citicorp	₹19.0 Lakhs to ₹34.0 Lakhs per year
Pine Labs	₹25.0 Lakhs to ₹30.0 Lakhs per year
HSBC Group	₹11.0 Lakhs to ₹25.0 Lakhs per year
ICICI Home Finance	₹4.0 Lakhs to ₹13.0 Lakhs per year
Kotak Securities	₹4.3 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Lodestar Universal in Mumbai?

The salary of a Management Trainee at companies similar to Lodestar Universal in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Sales

₹2.1 Lakhs to ₹2.4 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 Management Trainee at Lodestar Universal in Mumbai?

The salary growth for a Management Trainee at Lodestar Universal in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at Lodestar Universal:

Experience	Average Salary Range
Fresher	₹4.8 Lakhs to ₹6.2 Lakhs per year
1 year	₹5.4 Lakhs to ₹6.8 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.8 Lakhs per year

and so on.

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Lodestar Universal Management Trainee Salaries in Mumbai

Lodestar Universal Management Trainee salary in Mumbai ranges between ₹4.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lodestar Universal latest salaries received from various employees of Lodestar Universal.