Lucas-TVS Pondicherry / Puducherry Purchase Executive Salaries by 4 Employees

1 - 4 years exp.

₹1.2 Lakh - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Purchase Executive Salary in Auto Components Companies for 1 - 4 years of experience

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Last Updated: 11 May 2024

Companies similar to Lucas-TVS for Purchase Executive in Pondicherry / Puducherry

Lucas-TVS Purchase Executive Salary

1 - 4 years exp. (4 salaries)

₹1.2 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Caplin Point Laboratories Purchase Executive Salary 2 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹5 L/yr 11% more
Amcor Flexibles India Purchase Executive Salary 4 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹5 L/yr 13% more
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Gt Electronic Purchase Executive Salary 12 - 13 years exp. (4 salaries)	₹5 L/yr - ₹6.3 L/yr 51% more
TVS Sundram Fasteners Purchase Executive Salary 3 - 10 years exp. (4 salaries)	₹1.5 L/yr - ₹5.2 L/yr 6% more	1 job opening
Eaton Power Quality Purchase Executive Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 42% less

Purchase Executive salary at Lucas-TVS ranges between ₹1.2 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Purchase Executive salaries in Pondicherry / Puducherry

Last Updated: 11 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in Lucas-TVS

Store Incharge Salary

(3 salaries)

₹1.5 L/yr - ₹2 L/yr

Purchase Engineer Salary

(3 salaries)

₹4.44 L/yr - ₹6.36 L/yr

Salary related reviews for Lucas-TVS

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

Salary - Poor

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.

Promotions - Poor

+2 more

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

Skill development - Bad

+3 more

Short Term Trainee in Chennai

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

Salary - Bad

+6 more

Senior Quality Engineer in Pantnagar

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.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Lucas-TVS Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Lucas-TVS in Pondicherry / Puducherry?

The average salary of a Purchase Executive at Lucas-TVS in Pondicherry / Puducherry typically ranges from ₹1.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Purchase Executive in Pondicherry / Puducherry at Lucas-TVS earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Purchase Executive 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 Purchase Executive at Lucas-TVS in Pondicherry / Puducherry?

The estimated take-home salary of a Purchase Executive at Lucas-TVS in Pondicherry / Puducherry typically ranges from ₹26,730 to ₹28,143 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 4 years.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.

Which companies offer higher salaries than Lucas-TVS for Purchase Executive in India?

Gt Electronic	₹5.0 Lakhs to ₹6.3 Lakhs per year
Amcor Flexibles India	₹2.4 Lakhs to ₹5.0 Lakhs per year
Caplin Point Laboratories	₹2.9 Lakhs to ₹5.0 Lakhs per year
TVS Sundram Fasteners	₹1.5 Lakhs to ₹5.2 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.

What is the salary of a Purchase Executive in companies similar to Lucas-TVS in Pondicherry / Puducherry?

The salary of a Purchase Executive at companies similar to Lucas-TVS in Pondicherry / Puducherry varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Eaton Power Quality

₹1.8 Lakhs to ₹2.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Purchase Executive at Lucas-TVS in Pondicherry / Puducherry?

The salary growth for a Purchase Executive at Lucas-TVS in Pondicherry / Puducherry depends on factors such as experience, performance, and promotions. On average, a Purchase Executive in Pondicherry / Puducherry can expect the following growth trajectory at Lucas-TVS:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Lucas-TVS Purchase Executive Salaries in Pondicherry / Puducherry

Lucas-TVS Purchase Executive salary in Pondicherry / Puducherry ranges between ₹1.2 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lucas-TVS latest salaries received from various employees of Lucas-TVS.