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Lucas-TVS Manager Design & Development salaries in Chennai

Annual salary range
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₹9.9 Lakhs - ₹12.7 Lakhs
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Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated: 17 Dec 2022

Companies similar to Lucas-TVS for Manager Design & Development in Chennai

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Lucas-TVS Manager Design & Development Salary

29 years exp. (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹5.3 L/yr - ₹10.8 L/yr

arrow icon 26% less
Manager Design & Development salary at Lucas-TVS ranges between ₹9.9 Lakhs to ₹12.7 Lakhs per year for employees with 29 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Lucas-TVS.

Similar Designation salaries in Lucas-TVS

Design Engineer Salary
(60 salaries)
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₹2 L/yr - ₹7.2 L/yr
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₹2.15 L/yr - ₹8.5 L/yr
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₹1.75 L/yr - ₹6.7 L/yr
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₹6.1 L/yr - ₹11.05 L/yr
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₹3 L/yr - ₹7 L/yr
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₹1.4 L/yr - ₹6.5 L/yr
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₹1.8 L/yr - ₹5.5 L/yr
R&D Engineer Salary
(9 salaries)
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₹1.8 L/yr - ₹5.7 L/yr
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₹1.9 L/yr - ₹5.6 L/yr
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₹1 L/yr - ₹2 L/yr

Salary related reviews for Lucas-TVS

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.

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Research & Development Department

3.0
  •  posted on 22 Jul 2021

2.0
 for  Salary and Benefits

Likes

1. Good organisation for fresher 2. Work Life Balance depends on the department. 3. Free breakfast and Lunch

Dislikes

1. poor Financial Growth 2. Whatever the Negotiated salary you will get only at the end of first year. 3. Six days working.

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Production Department

2.0
  •  posted on 16 Aug 2018

1.0
 for  Salary and Benefits

Likes

The work load is pretty less compared to other automobile industries. The working standards are safer .

Dislikes

Longer working hours with no overtime pay , sometimes you may be forced to work on Sundays too and change shifts.

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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

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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

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Lucas-TVS Manager Design & Development salary in Chennai ranges between ₹9.9 Lakhs to ₹12.7 Lakhs. This is an estimate based on latest salaries received from employees of Lucas-TVS.