Lucas-TVS Costing Officer Salaries by 3 Employees (Updated 2024)

2 - 3 years exp.

₹4.5 Lakhs - ₹4.9 Lakhs

Low Confidence

Salary of majority employees

At par with the average Costing Officer Salary in Auto Components Companies for 2 - 3 years of experience

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Last Updated: 26 Oct 2024

Companies similar to Lucas-TVS for Costing Officer

Company name	Avg Annual Salary	Open Jobs
UNO Minda Costing Officer Salary 0 - 5 years exp. (3 salaries)	₹5.8 L/yr - ₹7.4 L/yr 38% more
Nestle Costing Officer Salary 0 - 6 years exp. (13 salaries)	₹7 L/yr - ₹11.5 L/yr 100% more
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Huhtamaki Costing Officer Salary 0 - 5 years exp. (12 salaries)	₹2.1 L/yr - ₹4.5 L/yr 39% less
Belrise Industries Costing Officer Salary 1 - 4 years exp. (9 salaries)	₹3.6 L/yr - ₹5.9 L/yr 8% less
Vardhman Fabrics Costing Officer Salary 1 - 3 years exp. (9 salaries)	₹3.1 L/yr - ₹5.1 L/yr 15% less

Costing Officer salary at Lucas-TVS ranges between ₹4.5 Lakhs to ₹4.9 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Costing Officer salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr

Similar Designation salaries in Lucas-TVS

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Costing Executive Salary

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₹4.8 L/yr - ₹8 L/yr

Cost Accountant Salary

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₹4.1 L/yr - ₹5.3 L/yr

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Team Lead Salary

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₹7.2 L/yr - ₹9.2 L/yr

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Salary related reviews for Lucas-TVS

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.

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

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

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

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lucas-TVS Costing Officer Salary FAQs

What is the notice period for Costing Officer at Lucas-TVS?

According to AmbitionBox, 67% of the Lucas-TVS Costing Officers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Lucas-TVS Costing Officer Salaries

Lucas-TVS Costing Officer salary in India ranges between ₹4.5 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.