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Lucy Electric Managing Director salaries in India

Annual salary range
20 - 26 years exp.
₹96 Lakhs - ₹1 Crore
Salary of majority employees
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21% more than the average Managing Director Salary in Electrical Equipment Companies for 20 - 26 years of experience

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Last Updated: 12 Oct 2023

Companies similar to Lucy Electric for Managing Director

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₹12 L/yr - ₹50 L/yr

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Managing Director salary at Lucy Electric ranges between ₹96 Lakhs to ₹1 Crore per year for employees with experience between 20 years to 26 years. Salary estimates are based on 4 latest salaries received from various employees of Lucy Electric.

Latest annual salaries shared by Lucy Electric Managing Director

1y ago
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26 years exp.
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25 years exp.
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20 years exp.
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25 years exp.

Experience wise Lucy Electric Managing Director salaries

Last Updated: 12 Oct 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹96 L/yr - ₹1 Cr/yr

Similar Designation salaries in Lucy Electric

Executive Director Salary
(AmbitionBox Estimate)
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₹95.9 L/yr - ₹106.1 L/yr
Director Salary
(AmbitionBox Estimate)
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₹91.2 L/yr - ₹100.8 L/yr
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₹29 L/yr - ₹34 L/yr
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₹12 L/yr - ₹18 L/yr

Salary related reviews for Lucy Electric

Full Time

 · 

Other Department

3.0
  •  posted on 25 Jan 2023

3.0
 for  Salary and Benefits

Likes

1) Never delay in salary. 2) Opportunity to increase the knowledge & skills. 3) Co-operative team members.

read more

Dislikes

1) Lazy managers always talks sweet to get his work done from juniors; irrespective of people is engaged in some other work. 2) To much workload on working people only, rest of the people take advantage of it. 3) Promotion & Appraisal - Very much poor 4) Frequently ask for work on holidays. 5) No one wants to take the responsibility but everyone wants things to be done in time in best favour of company. 6) Credit of the work done by any team member many times stolen by manager himself. 7) No work life balance.

read more
  • Promotions - Bad

Full Time

 · 

Quality Department

4.0
  •  posted on 18 Apr 2021

3.0
 for  Salary and Benefits

Likes

...environment and culture.teammates are supportive and management is transparent .Company policys good and they give good salary .

read more
  • Job security - Good
    +4 more

Dislikes

Salary is decent but career growth is slow .On the job training is not given to new joiners.

read more

Intern

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 26 Dec 2022

4.0
 for  Salary and Benefits

Likes

..., and being in the Dubai branch , the HR department deserves special mention. 2. Salary is paid on time, and there are other incentives added to the salary as well. 3. Monthly meetings are held on time and discussions are pretty helpful in learning how production can be done more efficiently.

read more
  • Salary - Good

Dislikes

1. The managers, except the HR, SF6 Fabrication and Business unit Department, are pretty egoistic and often rude to people, and they are given more authority to a point where they start to threaten your career. 2. A lot of favourism comes into play and this is mainly seen in Indians. 3. Work environment is pretty unhealthy.

read more
  • Job security - Poor

Production, Manufacturing & Engineering Department

3.0
  •  posted on 02 May 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration.

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  • Salary - Excellent
    +5 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more

Design and development Department

2.0
  •  posted on 18 Aug 2018

1.0
 for  Salary and Benefits

Likes

Good team mates, good work culture

  • Skill development - Good

Dislikes

Very poor compensation, no employee satisfaction at all, Very bad HR policies for compensation, Top management is a curse for this company which will never make this company grow

read more
  • Salary - Bad
    +3 more
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Lucy Electric Managing Director Salary FAQs

What is the salary of Managing Director at Lucy Electric?
Managing Director salary at Lucy Electric in India ranges between ₹96.0 Lakhs to ₹102.0 Lakhs for experience between 20 years to 26 years. According to our estimates it is 21% more than the average Managing Director Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Lucy Electric India.
How does the salary of a Managing Director at Lucy Electric India compare with the average salary range for this job?
The average salary of a Managing Director at Lucy Electric is 21% more than the average salary of a Managing Director in India. To know exact salary insights, login to view.
Which similar companies are paying more than Lucy Electric to a Managing Director in India?
  • Deloitte Managing Director Salary - ₹42.0 Lakhs to ₹152.5 Lakhs per year
What is the salary of a Managing Director in companies similar to Lucy Electric in India?
  • Accenture Managing Director Salary - ₹41.0 Lakhs to ₹174.9 Lakhs per year
  • JPMorgan Chase & Co. Managing Director Salary - ₹50.0 Lakhs to ₹143.0 Lakhs per year
  • ABB Managing Director Salary - ₹12.0 Lakhs to ₹50.0 Lakhs per year
  • Siemens Managing Director Salary - ₹10.8 Lakhs to ₹13.8 Lakhs per year
What is the estimated take home salary of a Managing Director at Lucy Electric in India?
The estimated take-home salary of a Managing Director at Lucy Electric ranges between ₹5,43,876 per month to ₹5,57,425 per month in India. The take-home salary calculation is based on the average Lucy Electric Managing Director salary in India which ranges between ₹96.0 Lakhs to ₹102.0 Lakhs per year for employees with experience between 20 years to 26 years. Check how did we calculate take home salary?
What is the notice period for Managing Director at Lucy Electric?
According to AmbitionBox, 100% of the Lucy Electric Managing Directors reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Lucy Electric Managing Director salary in India ranges between ₹96 Lakhs to ₹1 Crore with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Lucy Electric latest salaries received from various employees of Lucy Electric.