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Lucas-TVS Research & Development Department Salaries in New Delhi

based on 5 latest salaries
Designation Avg Annual Salary Open Jobs
17 - 19 years exp. · New Delhi (AmbitionBox Estimate)
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₹12 L/yr - ₹13 L/yr

1 job opening
19 - 20 years exp. · New Delhi (AmbitionBox Estimate)
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₹15 L/yr - ₹18.8 L/yr

16 years exp. · New Delhi (AmbitionBox Estimate)
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₹9.7 L/yr - ₹10 L/yr

Last Updated: 17 Jul, 2024

Salary related reviews for Lucas-TVS

5.0

Rated by 1 employees for salary & benefits

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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Full Time

 · 

Research & Development Department

3.0
  •  posted on 03 Feb 2022

2.0
 for  Salary and Benefits

Likes

As a new product development Engineer we can able work in all domains , great learning for a beginner

Dislikes

Salary package of diploma candidate is low , there is a huge courtesy difference between the diploma engineers and Graduated engineers while the starting their career

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Research & Development Department

4.0
  •  posted on 23 Mar 2019

3.0
 for  Salary and Benefits

Likes

Can learn and gain technical knowledge. As far as career growth and compensation concerned it's very lagging when compared to other companies. With utmost legacy could consider employee growth and compensation in better manner.

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Dislikes

Attitude of senior most person's towards juniors.

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 Salary FAQs

How much does Lucas-TVS pay per year?
The average Lucas-TVS salary ranges from approximately ₹1 Lakh to ₹3.2 Lakhs per year for a Technical Apprentice Trainee and ₹13 Lakhs to ₹21 Lakhs per year for a Manager. Salary estimates are based on 5 Lucas-TVS salaries received from various employees of Lucas-TVS. Lucas-TVS employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in Lucas-TVS?
The highest-paying job at Lucas-TVS is a Manager with a salary of ₹13 Lakhs to ₹21 Lakhs per year. The top 10% of employees earn more than ₹9 lakhs per year. The top 1% earn more than a whopping ₹20 lakhs per year.
What is the minimum salary in Lucas-TVS?
Minimum salary at Lucas-TVS depends on the role you are applying for. For Trainee the minimum salary is ₹1 Lakh to ₹3 Lakhs per year, and for Quality Inspector the minimum salary is ₹1.2 Lakh to ₹3.6 Lakhs per year and so on.
What is the salary package for freshers in Lucas-TVS?
The average salary at Lucas-TVS for freshers varies from ₹1.2 Lakh to ₹2.2 Lakhs per year for Trainee and ₹1.8 Lakh to ₹4.4 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Lucas-TVS in Research & Development Department in New Delhi?
According to AmbitionBox, 80% of the Lucas-TVS employees in Research & Development Department in New Delhi reported a notice period of 3 Months, 20% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Lucas-TVS , New Delhi is INRunlock blur . Salary estimates are based on 5 Lucas-TVS latest salaries received from various employees of Lucas-TVS.

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