Lucas-TVS Buyer Salaries by 3 Employees

2 - 8 years exp.

₹2 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Buyer Salary in Auto Components Companies for 2 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain Buyer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Research & Development Buyer Salary 5 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 17 Apr 2024

Companies similar to Lucas-TVS for Buyer

Company name	Avg Annual Salary	Open Jobs
Faurecia Buyer Salary 2 - 6 years exp. (9 salaries)	₹4.3 L/yr - ₹7 L/yr 60% more
Bosch Buyer Salary 3 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹17 L/yr 151% more
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Tenneco Buyer Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹4.3 L/yr 33% less
Vestas Buyer Salary 2 - 9 years exp. (108 salaries)	₹3.3 L/yr - ₹9 L/yr 68% more
Reliance Industries Buyer Salary 0 - 14 years exp. (104 salaries)	₹3.4 L/yr - ₹14 L/yr 109% more

Buyer salary at Lucas-TVS ranges between ₹2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Buyer salaries

Last Updated: 17 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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8 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr

Similar Designation salaries in Lucas-TVS

Deputy Manager Salary

(43 salaries)

₹7.2 L/yr - ₹18 L/yr

Procurement Buyer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(150 salaries)

₹4.2 L/yr - ₹10.2 L/yr

Purchase Manager Salary

(4 salaries)

₹3.5 L/yr - ₹21 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Purchase Officer Salary

(12 salaries)

₹2 L/yr - ₹5.5 L/yr

Purchase Engineer Salary

(65 salaries)

₹2 L/yr - ₹7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Purchase Executive Salary

(7 salaries)

₹1.2 L/yr - ₹7.5 L/yr

Salary related reviews for Lucas-TVS

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

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

Salary - Poor

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,

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.

Promotions - Poor

+2 more

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

Skill development - Bad

+3 more

Short Term Trainee in Chennai

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

Salary - Bad

+6 more

Senior Quality Engineer in Pantnagar

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.

Salary - Bad

+3 more

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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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Lucas-TVS Buyer Salary FAQs

How the salary growth look like for a Buyer at Lucas-TVS in India?

The salary growth for a Buyer at Lucas-TVS depends on factors such as experience, performance, and promotions. On average, a Buyer can expect the following growth trajectory at Lucas-TVS:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
8 years	₹5.2 Lakhs to ₹6.6 Lakhs per year

and so on.

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Lucas-TVS Buyer Salaries

Lucas-TVS Buyer salary in India ranges between ₹2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.