Lumax Industries Management Trainee Salaries by 3 Employees (Updated 2024)

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₹1.2 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

65% less than the average Management Trainee Salary in Auto Components Companies for Fresher

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Salaries in different departments

Finance & Accounting Management Trainee Salary Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Project & Program Management Management Trainee Salary Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.3 L/yr

Last Updated: 10 Aug 2023

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Bharat Forge Management Trainee Salary 0 - 3 years exp. (27 salaries)	₹3 L/yr - ₹10 L/yr 103% more
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Tata AutoComp Systems Management Trainee Salary 0 - 1 year exp. (20 salaries)	₹7 L/yr - ₹7 L/yr 173% more
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Apollo Tyres Management Trainee Salary 0 - 5 years exp. (12 salaries)	₹1.4 L/yr - ₹9 L/yr 59% more
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Hyundai Mobis Management Trainee Salary 0 - 3 years exp. (12 salaries)	₹4.2 L/yr - ₹5.5 L/yr 94% more
CIE Automotive Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹1.8 L/yr - ₹8 L/yr 46% more
Faurecia Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹2.4 L/yr - ₹5.5 L/yr 29% more	1 job opening
DENSO Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹3.5 L/yr - ₹4.7 L/yr 49% more
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Schaeffler India Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.4 L/yr - ₹4 L/yr 16% less
Pricol Management Trainee Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹3.8 L/yr 22% more
MAHLE ANAND Filter Systems Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹9.5 L/yr 184% more
Sundaram Clayton Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 18% less

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Management Trainee salary at Lumax Industries ranges between ₹1.2 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Lumax Industries.

Experience wise Lumax Industries Management Trainee salaries

Last Updated: 10 Aug 2023

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.2 L/yr - ₹4 L/yr
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Similar Designation salaries in Lumax Industries

Finance Executive Salary

(5 salaries)

₹1.8 L/yr - ₹5 L/yr

Accountant Salary

(4 salaries)

₹2.5 L/yr - ₹4 L/yr

Team Lead Salary

(10 salaries)

₹2.21 L/yr - ₹2.8 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Deputy Manager Salary

(133 salaries)

₹6 L/yr - ₹14.8 L/yr

Account Assistant Salary

(4 salaries)

₹1.8 L/yr - ₹10.2 L/yr

Senior Accounts Executive Salary

(5 salaries)

₹4.2 L/yr - ₹6.55 L/yr

Salary related reviews for Lumax Industries

Deputy Manager in Chakan Pune

Full Time

Other Department

3.0

• posted on 19 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks on time.

Dislikes

Late hour working. Old people do polytics Over work load so dont take leave. Don't leave office on time. Local transporter not work properly. Vehicle not arrange time. If you demand or take action against him. They give threat and attack on employees out side of company. Senior management not support . Labour union in company so also labour person do polytics.

Machine Operator in Bangalore / Bengaluru

Full Time

Media Production & Entertainment Department

1.0

• posted on 04 Nov 2024

1.0

for Salary and Benefits

Likes

... a helper in Electrical department.12hr work No holiday .even Sunday also work .if you take a leave your salary will deduct .after 1yr work your salary hike only 5-7% only .when I am join my salary is only 6000/-rs per month.

Dislikes

...re as compared to mental work.no work life balance because no holiday available. If you take a leave your salary will deduct.in whole year only 2day holiday available there is Biswakarma Puja & Dilwali.remain 363 day working. no facility available like no food,no Travel allowance,No PF ,No Health insurance

Assistant Company Secretary in Gurgaon / Gurugram

Full Time

Legal & Regulatory Department

3.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

Salary always credits in time

Dislikes

They have a very bad salary structure. There is no work life balance. U can have charge of day to day affairs but very rare of the special tasks as the boss wants to do all of them on his own. It's 6 day working company & sometimes they even call on Sundays. As regards late sitting, I would say on an avg, u need to spend around 60 hrs a week.

Assistant Manager in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

5.0

• posted on 20 Aug 2024

5.0

for Salary and Benefits

Likes

Salary structure Canteen facility..

Dislikes

In Lumax, Timing in NPD QUALITY not good.. Some Manager in other departments & Quality departments. NPD Quality some manager behaviour is not good.. Best regards, Jaiveer Singh

Lumax Industrial Limited Plot No16 Sector-18 in New Delhi

Full Time

Quality Check/ supervisor Department

5.0

• posted on 26 Jul 2024

4.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling. Company policies are good. appraisals are fair and they give good salary hike and bonus eyery year.

Dislikes

There is a lot of politics and the management doesn't address our issue. salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

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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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Lumax Industries Management Trainee Salary FAQs

What is the notice period for Management Trainee at Lumax Industries?

According to AmbitionBox, 100% of the Lumax Industries Management Trainees reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Lumax Industries Management Trainee Salaries

Lumax Industries Management Trainee salary in India ranges between ₹1.2 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Lumax Industries latest salaries received from various employees of Lumax Industries.