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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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54% 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

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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

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20 job openings
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

7mo ago
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1 year exp.
8mo ago
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1 year exp.
1y ago
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1 year 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 - ₹2.6 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
(26 salaries)
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₹9 L/yr - ₹18 L/yr
Team Lead Salary
(24 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
see more salary related reviews

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Lucas-TVS Management Trainee Salary FAQs

What is the salary of Management Trainee at Lucas-TVS in Chennai?
The average salary of a Management Trainee at Lucas-TVS in Chennai 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 in Chennai 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 4 Lucas-TVS employees in India.
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 in Chennai 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 4 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 in Chennai?
To be a Management Trainee at Lucas-TVS in Chennai, 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?
Genpact ₹2.7 Lakhs to ₹9.2 Lakhs per year
Hyundai Mobis ₹4.6 Lakhs to ₹5.2 Lakhs per year
Ceat Tyres ₹1.7 Lakhs to ₹6.0 Lakhs per year
Valeo ₹2.3 Lakhs to ₹5.0 Lakhs per year
Apollo Tyres ₹2.2 Lakhs to ₹4.3 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.
How the salary growth look like for a Management Trainee at Lucas-TVS in Chennai?
The salary growth for a Management Trainee at Lucas-TVS in Chennai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Chennai can expect the following growth trajectory at Lucas-TVS:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year ₹3.5 Lakhs to ₹7.0 Lakhs per year
and so on.

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.