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Lucas-TVS

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3.9

based on 1.6k Reviews

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Lucas-TVS Manager Research Development salaries in India

Annual salary range
13 - 16 years exp.
₹13.8 Lakhs - ₹16.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Manager Research Development Salary in Auto Components Companies for 13 - 16 years of experience

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Last Updated: 12 Mar 2023

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Manager Research Development salary at Lucas-TVS ranges between ₹13.8 Lakhs to ₹16.8 Lakhs per year for employees with experience between 13 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Lucas-TVS.

Latest annual salaries shared by Lucas-TVS Manager Research Development

1y ago
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16 years exp.
1y ago
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15 years exp.
1y ago
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13 years exp.

Experience wise Lucas-TVS Manager Research Development salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.9 L/yr
15+ years (AmbitionBox Estimate)

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₹15.1 L/yr - ₹19.3 L/yr

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Salary related reviews for Lucas-TVS

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • Promotions - Poor
    • +2 more

Research And Development in Chennai

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

  • Skill development - Excellent
    • +3 more

Dislikes

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

read more
  • Salary - Poor
    • +1 more

Graduate Apprentice Trainee in Chennai

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.

read more
  • Salary - Bad
    • +4 more

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

read more
  • Salary - Poor

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

read more
  • Skill development - Bad
    • +3 more
see more salary related reviews

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2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Lucas-TVS Manager Research Development salary in India ranges between ₹13.8 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Lucas-TVS latest salaries received from various employees of Lucas-TVS.