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Lucas-TVS Associate salaries in India

Annual salary range
0 - 4 years exp.
₹1.6 Lakh - ₹2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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77% less than the average Associate Salary in Auto Components Companies for 0 - 4 years of experience

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Last Updated: 24 Aug 2024

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Associate salary at Lucas-TVS ranges between ₹1.6 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Associate

1y ago
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4 years exp.
1y ago
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2 years exp.

Experience wise Lucas-TVS Associate salaries

Last Updated: 24 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

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Associate Software Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr

Salary related reviews for Lucas-TVS

1.0

Rated by 1 employees for salary & benefits

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

  • Job security - Excellent
  • +1 more

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

read more
  • Salary - Poor

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,

  • Skill development - Good
  • +1 more

Dislikes

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

read more
  • Promotions - Poor
  • +2 more

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

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only thing good at this is food and ppe kit (The company run by vegan's)

Dislikes

... be run by diploma students It's not a permanent role , It valid only one year They just need fresher who work for low salary , without asking any questions about promotion

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Quality Assurance Department

3.0
  •  posted on 18 Oct 2022

1.0
 for  Salary and Benefits

Likes

Nothing much to like

  • Work-life balance - Good

Dislikes

No salary growth, no promotions for straight 5 to 6 years to maximum enployees. For each designation there, 2 to 3 grades..and each grade changes in 3 to 4 years. Means designation will change in 5 to 6 years. One should join here , learn and quit in one year.

read more
  • Salary - Bad
  • +3 more
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Lucas-TVS Associate Salary FAQs

What is the notice period for Associate at Lucas-TVS?
According to AmbitionBox, 100% of the Lucas-TVS Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Lucas-TVS Associate salary in India ranges between ₹1.6 Lakh to ₹2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.