Lucas-TVS Management Trainee HR Salaries by 8 Employees

0 - 1 year exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Management Trainee HR Salary in Auto Components Companies for 0 - 1 year of experience

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Last Updated: 31 May 2024

Companies similar to Lucas-TVS for Management Trainee HR

Company name	Avg Annual Salary	Open Jobs
Bosch Management Trainee HR Salary 0 - 2 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr 70% more
JK Tyres Management Trainee HR Salary 0 - 1 year exp. (5 salaries)	₹6.8 L/yr - ₹8.6 L/yr 191% more
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Amara Raja Group Management Trainee HR Salary 0 - 1 year exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 50% more
Rockman Industries Management Trainee HR Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹5.5 L/yr 100% more
Faurecia Management Trainee HR Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 16% more

Management Trainee HR salary at Lucas-TVS ranges between ₹2 Lakhs to ₹3.5 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 Management Trainee HR salaries

Last Updated: 31 May 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2 L/yr - ₹3 L/yr
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1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr

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Salary related reviews for Lucas-TVS

4.0

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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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Lucas-TVS Management Trainee HR Salary FAQs

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

The average salary of a Management Trainee HR at Lucas-TVS in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee HR at Lucas-TVS earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Management Trainee HR 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 Management Trainee HR at Lucas-TVS in India?

The estimated take-home salary of a Management Trainee HR at Lucas-TVS in India typically ranges from ₹18,123 to ₹19,814 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 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 Management Trainee HR in India?

JK Tyres	₹6.8 Lakhs to ₹8.6 Lakhs per year
Rockman Industries	₹5.0 Lakhs to ₹5.5 Lakhs per year
Bosch	₹4.0 Lakhs to ₹5.0 Lakhs per year
Amara Raja Group	₹3.5 Lakhs to ₹4.0 Lakhs per year
Faurecia	₹2.5 Lakhs to ₹3.5 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 Management Trainee HR at Lucas-TVS in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.0 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.5 Lakhs per year

and so on.

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Lucas-TVS Management Trainee HR Salaries

Lucas-TVS Management Trainee HR salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Lucas-TVS latest salaries received from various employees of Lucas-TVS.