Lucas-TVS Research and Development Salaries by 5 Employees (Updated 2024)

1 - 3 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

72% less than the average Research and Development Salary in Auto Components Companies for 1 - 3 years of experience

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Last Updated: 4 Dec 2024

Companies similar to Lucas-TVS for Research and Development

Company name	Avg Annual Salary	Open Jobs
Bosch Research and Development Salary Fresher (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 128% more
Sundaram Clayton Research and Development Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹3 L/yr 9% less
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Ceat Tyres Research and Development Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 4% more
Dassault Systemes Research and Development Salary 0 - 5 years exp. (28 salaries)	₹6.5 L/yr - ₹18 L/yr 428% more
Synopsys Research and Development Salary 0 - 2 years exp. (14 salaries)	₹14 L/yr - ₹19 L/yr 645% more

Research and Development salary at Lucas-TVS ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Lucas-TVS.

Experience wise Lucas-TVS Research and Development salaries

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr

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Design & Development Engineer Salary

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Graduate Apprentice Trainee Salary

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R&D Engineer Salary

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Salary related reviews for Lucas-TVS

1.7

Rated by 3 employees for salary & benefits

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

Dislikes

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

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,

Dislikes

All Saturday working, no sick leave or emergency leave, poor appraisal percentage, huge politics, salary scale is too poor compared to market.

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.

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

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

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Lucas-TVS Research and Development Salary FAQs

What is the salary of Research and Development at Lucas-TVS?

Research and Development salary at Lucas-TVS in India ranges between ₹2.0 Lakhs to ₹2.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 72% less than the average Research and Development Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Lucas-TVS India.

How does the salary of a Research and Development at Lucas-TVS India compare with the average salary range for this job?

The average salary of a Research and Development at Lucas-TVS is 72% less than the average salary of a Research and Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than Lucas-TVS to a Research and Development in India?

Synopsys Research and Development Salary - ₹14.0 Lakhs to ₹19.0 Lakhs per year
Dassault Systemes Research and Development Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Bosch Research and Development Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
Ceat Tyres Research and Development Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Research and Development in companies similar to Lucas-TVS in India?

Sundaram Clayton Research and Development Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Research and Development at Lucas-TVS in India?

The estimated take-home salary of a Research and Development at Lucas-TVS ranges between ₹15,189 per month to ₹16,773 per month in India. The take-home salary calculation is based on the average Lucas-TVS Research and Development salary in India which ranges between ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Research and Development at Lucas-TVS?

According to AmbitionBox, 80% of the Lucas-TVS Research and Developments reported a notice period of 15 days or less, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Lucas-TVS Research and Development Salaries

Lucas-TVS Research and Development salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Lucas-TVS latest salaries received from various employees of Lucas-TVS.