Lucas-TVS Cost Trainee Salaries by 8 Employees

0 - 1 year exp.

₹1.7 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹2 Lakhs

Variable (0%)

₹0.0

18% less than the average Cost Trainee Salary in Auto Components Companies for 0 - 1 year of experience

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Last Updated: 4 Jan 2024

Companies similar to Lucas-TVS for Cost Trainee

Company name	Avg Annual Salary	Open Jobs
Bosch Cost Trainee Salary 1 - 4 years exp. (6 salaries)	₹2.2 L/yr - ₹4.1 L/yr 41% more
Ceat Tyres Cost Trainee Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr 18% more
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Indian Oil Corporation Cost Trainee Salary 0 - 6 years exp. (36 salaries)	₹2 L/yr - ₹3 L/yr 38% more
Colgate Palmolive Cost Trainee Salary 0 - 3 years exp. (22 salaries)	₹3 L/yr - ₹5.5 L/yr 118% more
Mazagon Dock Cost Trainee Salary 0 - 3 years exp. (18 salaries)	₹1.8 L/yr - ₹2.5 L/yr 7% more

Cost Trainee salary at Lucas-TVS ranges between ₹1.7 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Cost Trainee salaries

Last Updated: 4 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
Login to view exact salary
1 year (6 salaries)	₹1.7 L/yr - ₹2.2 L/yr

Similar Designation salaries in Lucas-TVS

Management Trainee Salary

(5 salaries)

₹2 L/yr - ₹7 L/yr

Cost Accountant Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Accountant Salary

(3 salaries)

₹1.3 L/yr - ₹9 L/yr

Team Lead Salary

(32 salaries)

₹1.2 L/yr - ₹6 L/yr

Costing Executive Salary

(9 salaries)

₹4.8 L/yr - ₹8 L/yr

Deputy Manager Salary

(43 salaries)

₹7.2 L/yr - ₹18 L/yr

Accounts Officer Salary

(4 salaries)

₹3.77 L/yr - ₹5.25 L/yr

Process Associate Salary

(4 salaries)

₹1.55 L/yr - ₹2.85 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Finance Manager Salary

(5 salaries)

₹10 L/yr - ₹19 L/yr

Salary related reviews for Lucas-TVS

1.0

Rated by 1 employees for salary & benefits

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

see more salary related reviews

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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 Cost Trainee Salary FAQs

What is the salary of Cost Trainee at Lucas-TVS ?

The average salary of a Cost Trainee at Lucas-TVS in India typically ranges from ₹1.7 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Cost Trainee at Lucas-TVS earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Cost Trainee Salaries at Lucas-TVS 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 8 Lucas-TVS employees in India.

What is the estimated take home salary of a Cost Trainee at Lucas-TVS in India?

The estimated take-home salary of a Cost Trainee at Lucas-TVS in India typically ranges from ₹13,440 to ₹14,872 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lucas-TVS for Cost Trainee in India?

Colgate Palmolive	₹3.0 Lakhs to ₹5.5 Lakhs per year
Bosch	₹2.2 Lakhs to ₹4.1 Lakhs per year
Indian Oil Corporation	₹2.0 Lakhs to ₹3.0 Lakhs per year
Ceat Tyres	₹1.8 Lakhs to ₹2.8 Lakhs per year
Mazagon Dock	₹1.8 Lakhs to ₹2.5 Lakhs per year

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

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

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.0 Lakhs per year
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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Lucas-TVS Cost Trainee Salaries

Lucas-TVS Cost Trainee salary in India ranges between ₹1.7 Lakh to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lucas-TVS latest salaries received from various employees of Lucas-TVS.