Lucas-TVS Assistant Manager - R&D Salaries by 3 Employees (Updated 2025)

7 - 10 years exp.

₹7.5 Lakhs - ₹25.5 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Assistant Manager - R&D Salary in Auto Components Companies for 7 - 10 years of experience

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Last Updated: 14 Mar 2023

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Assistant Manager - R&D salary at Lucas-TVS ranges between ₹7.5 Lakhs to ₹25.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Assistant Manager - R&D salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹23 L/yr - ₹29.3 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr

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Salary related reviews for Lucas-TVS

1.5

Rated by 2 employees for salary & benefits

Senior Design Engineer in Chennai

Full Time

Research & Development Department

3.0

• posted on 02 Oct 2024

3.0

for Salary and Benefits

Likes

Good food, very good learning because they will dumb the work so you will start to learn.. nice uniform,

Dislikes

All Saturday working, no sick leave or emergency leave, poor appraisal percentage, huge politics, salary scale is too poor compared to market.

Research And Development in Chennai

Research & Development Department

3.0

• posted on 22 Jul 2021

2.0

for Salary and Benefits

Likes

1. Good organisation for fresher 2. Work Life Balance depends on the department. 3. Free breakfast and Lunch

Dislikes

1. poor Financial Growth 2. Whatever the Negotiated salary you will get only at the end of first year. 3. Six days working.

Graduate Apprentice Trainee in Chennai

Production Department

2.0

• posted on 16 Aug 2018

1.0

for Salary and Benefits

Likes

The work load is pretty less compared to other automobile industries. The working standards are safer .

Dislikes

Longer working hours with no overtime pay , sometimes you may be forced to work on Sundays too and change shifts.

Middle Level Manager in Chennai

Full Time

Other Department

4.0

• posted on 10 Nov 2024

2.0

for Salary and Benefits

Likes

Great company for learning. Mistakes are not seen fatal Good facilities

Dislikes

Non standard salary compensation. Outside talents are respected more than inhouse talents N+1 decides your growth. Effort, output and Recognition is not comparable across verticals/ departments

Senior Engineer Mechanical in Pondicherry / Puducherry

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 28 Feb 2024

3.0

for Salary and Benefits

Likes

Only thing food is provided

Dislikes

...gned. This can lead to dissatisfaction and confusion for new employees. Salary Hike and CTC: Negotiating a 20-30% hike is commendable, but the lack of clarity regarding the CTC (Cost to Company) in the offer can be misleading. Employees deserve accurate information upfront. Deductions and Hidden Costs: Deducting costs such as medical allowance, insurance, LTA, lunch, snacks, uniform, and transport without clear communication can be frustrating. Transparency is crucial to build trust. Leave Policy: Having only 14 days of earned leave (without casual or sick leaves) seems restrictive. Adequate leave provisions are essential for work-life balance. Resignation Process and Offer Correction: If you are hired by Lucas-TVS, it is crucial to receive a formal offer letter before taking any steps related to resignation. Insist on having all terms and conditions in writing, including the designation, compensation, and other relevant details. If the offer is not provided officially over email or in writing, exercise caution and seek clarification. The subsequent threat of cancellation adds unnecessary stress. Correcting the offer after joining, especially regarding designation and CTC, is unfair and disappointing. THE COMPANY IS NOT FOR ENERGETIC ONES

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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Lucas-TVS Assistant Manager - R&D Salaries

Lucas-TVS Assistant Manager - R&D salary in India ranges between ₹7.5 Lakhs to ₹25.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.

Lucas-TVS Assistant Manager - R&D salaries in India

Companies similar to Lucas-TVS for Assistant Manager - R&D

Latest annual salaries shared by Lucas-TVS Assistant Manager - R&D

Experience wise Lucas-TVS Assistant Manager - R&D salaries

Similar Designation salaries in Lucas-TVS

Salary related reviews for Lucas-TVS

Senior Design Engineer in Chennai

Research And Development in Chennai

Graduate Apprentice Trainee in Chennai

Middle Level Manager in Chennai

Senior Engineer Mechanical in Pondicherry / Puducherry

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