Lucas-TVS Management Trainee Salaries by 5 Employees

0 - 1 year exp.

₹2 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Management Trainee Salary in Auto Components Companies for 0 - 1 year of experience

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Salaries in different departments

Human Resources Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
Sales & Business Development Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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UX, Design & Architecture Management Trainee Salary Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 2 Aug 2024

Companies similar to Lucas-TVS for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Bosch Management Trainee Salary 0 - 2 years exp. (44 salaries)	₹1 L/yr - ₹8.5 L/yr 69% more
Ceat Tyres Management Trainee Salary 0 - 4 years exp. (33 salaries)	₹1.5 L/yr - ₹7.3 L/yr 98% more
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Amara Raja Group Management Trainee Salary 0 - 2 years exp. (20 salaries)	₹2.6 L/yr - ₹4.3 L/yr 20% more
JK Tyres Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹3.5 L/yr - ₹10 L/yr 151% more
UNO Minda Management Trainee Salary 0 - 2 years exp. (13 salaries)	₹1.5 L/yr - ₹6.7 L/yr 57% more
Apollo Tyres Management Trainee Salary 0 - 5 years exp. (12 salaries)	₹1.4 L/yr - ₹9 L/yr 26% more
Hyundai Mobis Management Trainee Salary 0 - 3 years exp. (12 salaries)	₹4.2 L/yr - ₹5.5 L/yr 54% more
Valeo Management Trainee Salary 0 - 2 years exp. (10 salaries)	₹2.3 L/yr - ₹5 L/yr 30% more
Exide Industries Management Trainee Salary 0 - 2 years exp. (10 salaries)	₹3.5 L/yr - ₹8.3 L/yr 150% more
Bridgestone Management Trainee Salary 0 - 6 years exp. (8 salaries)	₹9.7 L/yr - ₹26.5 L/yr 435% more
Faurecia Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹2.4 L/yr - ₹5.5 L/yr 2% more
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Napino Auto & Electronics Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹4 L/yr - ₹4.1 L/yr 26% more
MAHLE ANAND Filter Systems Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹9.5 L/yr 126% more
Bosch Chassis Systems Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 21% less
Aptiv Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹4.3 L/yr - ₹6.6 L/yr 78% more

Management Trainee salary at Lucas-TVS ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Management Trainee salaries

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.5 L/yr
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1 year (3 salaries)	₹3.5 L/yr - ₹7 L/yr

Similar Designation salaries in Lucas-TVS

Finance Executive Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 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

Accounts Officer Salary

(4 salaries)

₹3.77 L/yr - ₹5.25 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 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

Deputy Manager Salary

(43 salaries)

₹7.2 L/yr - ₹18 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Account Assistant Salary

(9 salaries)

₹1 L/yr - ₹2 L/yr

Top skills at Lucas-TVS for Management Trainee

Interpersonal Skills Analytical skills Communication Skills Presentation Skills Team Management Marketing

Salary related reviews for Lucas-TVS

2.0

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

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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 Management Trainee Salary FAQs

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

The average salary of a Management Trainee at Lucas-TVS in India typically ranges from ₹2.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Lucas-TVS earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Management 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 5 Lucas-TVS employees in India.

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

The estimated take-home salary of a Management Trainee at Lucas-TVS in India typically ranges from ₹23,340 to ₹24,804 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.0 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 5 salaries received from various employees of Lucas-TVS. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Management Trainee at Lucas-TVS ?

To be a Management Trainee at Lucas-TVS in india, the key skills required include:

- Interpersonal Skills
- Analytical skills
- Communication Skills
- Presentation Skills
- Team Management

These skills are highly valued at Lucas-TVS and are crucial for successful performance in a Software Engineering role.

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

Bridgestone	₹9.7 Lakhs to ₹26.5 Lakhs per year
JK Tyres	₹3.5 Lakhs to ₹10.0 Lakhs per year
Exide Industries	₹3.5 Lakhs to ₹8.3 Lakhs per year
MAHLE ANAND Filter Systems	₹2.8 Lakhs to ₹9.5 Lakhs per year
Ceat Tyres	₹1.5 Lakhs to ₹7.3 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.

What is the salary of a Management Trainee in companies similar to Lucas-TVS in India?

The salary of a Management Trainee at companies similar to Lucas-TVS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aptiv	₹4.3 Lakhs to ₹6.6 Lakhs per year
Bosch	₹1.0 Lakhs to ₹8.5 Lakhs per year
UNO Minda	₹1.5 Lakhs to ₹6.7 Lakhs per year
Hyundai Mobis	₹4.2 Lakhs to ₹5.5 Lakhs per year
Valeo	₹2.3 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

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

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.5 Lakhs per year
1 year	₹3.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Lucas-TVS Management Trainee Salaries

Lucas-TVS Management Trainee salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lucas-TVS latest salaries received from various employees of Lucas-TVS.