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Lucas-TVS

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Lucas-TVS Management Trainee salaries in Chennai

Annual salary range
0 - 1 year exp.
₹2 Lakhs - ₹7 Lakhs
Salary of majority employees
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53% 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)
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₹2 L/yr - ₹3.5 L/yr

Sales & Business Development
Management Trainee Salary
1 year exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 2 Aug 2024

Companies similar to Lucas-TVS for Management Trainee in Chennai

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Lucas-TVS Management Trainee Salary

0 - 1 year exp. (4 salaries)

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₹2 L/yr - ₹7 L/yr

vs
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Sundaram Clayton Management Trainee Salary

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₹1.8 L/yr - ₹2.3 L/yr

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₹2 L/yr - ₹2.2 L/yr

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Valeo Management Trainee Salary

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Ceat Tyres Management Trainee Salary

1 - 3 years exp. (5 salaries)

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₹1.7 L/yr - ₹5 L/yr

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Hyundai Mobis Management Trainee Salary

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Apollo Tyres Management Trainee Salary

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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 4 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Management Trainee in Chennai

6mo ago
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1 year exp.
7mo ago
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1 year exp.
1y ago
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1 year exp.
1y ago
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9 months exp.

Experience wise Lucas-TVS Management Trainee salaries in Chennai

Last Updated: 2 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.1 L/yr
1 year  (3 salaries)

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₹3.5 L/yr - ₹7 L/yr

Similar Designation salaries in Lucas-TVS

Deputy Manager Salary
(24 salaries)
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₹9 L/yr - ₹18 L/yr
Team Lead Salary
(23 salaries)
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₹1.7 L/yr - ₹6 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

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

read more
  • Salary - Poor

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.

read more
  • Promotions - Poor
  • +2 more

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

read more
  • Skill development - Bad
  • +3 more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Bad
  • +3 more
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Lucas-TVS Management Trainee Salary FAQs

What is the salary of Management Trainee at Lucas-TVS Chennai?
Management Trainee salary at Lucas-TVS in Chennai ranges between ₹2.0 Lakhs to ₹7.0 Lakhs for less than 1 year of experience. According to our estimates it is 53% less than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS Chennai.
How does the salary of a Management Trainee at Lucas-TVS Chennai compare with the average salary range for this job?
The average salary of a Management Trainee at Lucas-TVS is 53% less than the average salary of a Management Trainee in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Management Trainee at Lucas-TVS?
Interpersonal Skills, Analytical skills, Communication Skills, Presentation Skills and Team Management are some of the popular skills required to work as a Management Trainee at Lucas-TVS Chennai.
Which similar companies are paying more than Lucas-TVS to a Management Trainee in Chennai?
  • Hyundai Mobis Management Trainee Salary - ₹4.6 Lakhs to ₹5.2 Lakhs per year
  • Ceat Tyres Management Trainee Salary - ₹1.7 Lakhs to ₹5.0 Lakhs per year
  • Valeo Management Trainee Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year
  • Apollo Tyres Management Trainee Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year
What is the salary of a Management Trainee in companies similar to Lucas-TVS in Chennai?
  • ZF Commercial Vehicle Control Systems Management Trainee Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
  • Sundaram Clayton Management Trainee Salary - ₹1.8 Lakhs to ₹2.3 Lakhs per year
What is the estimated take home salary of a Management Trainee at Lucas-TVS in Chennai?
The estimated take-home salary of a Management Trainee at Lucas-TVS ranges between ₹23,340 per month to ₹24,804 per month in Chennai. The take-home salary calculation is based on the average Lucas-TVS Management Trainee salary in India which ranges between ₹2.0 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Management Trainee at Lucas-TVS in Chennai?
According to AmbitionBox, 100% of the Lucas-TVS Management Trainees in Chennai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Lucas-TVS Management Trainee salary in Chennai ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.