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Abbott Management Trainee salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹15 Lakhs - ₹22 Lakhs
Salary of majority employees
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75% more than the average Management Trainee Salary in Pharma Companies for 0 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication
Management Trainee Salary
1 - 4 years exp. (5 salaries)
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₹15 L/yr - ₹16 L/yr

Product Management
Management Trainee Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹17 L/yr

Last Updated: 22 Mar 2024

Companies similar to Abbott for Management Trainee in Mumbai

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Abbott Management Trainee Salary

0 - 4 years exp. (14 salaries)

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₹15 L/yr - ₹22 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹9 L/yr - ₹23 L/yr

arrow icon 2% more
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ICICI Bank Management Trainee Salary

0 - 3 years exp. (324 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 1% more
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HDFC Bank Management Trainee Salary

0 - 5 years exp. (104 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 45% less
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₹1.2 L/yr - ₹3 L/yr

arrow icon 87% less
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HDFC Life Management Trainee Salary

0 - 3 years exp. (78 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 36% less
Management Trainee salary at Abbott ranges between ₹15 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 14 latest salaries received from various employees of Abbott.

Latest annual salaries shared by Abbott Management Trainee in Mumbai

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Experience wise Abbott Management Trainee salaries in Mumbai

Last Updated: 22 Mar 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6 L/yr - ₹16 L/yr
1 year  (9 salaries)

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₹15 L/yr - ₹22 L/yr
2 years (AmbitionBox Estimate)

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₹15 L/yr - ₹28.9 L/yr
3 years (AmbitionBox Estimate)

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₹16 L/yr - ₹29.7 L/yr
4 years (AmbitionBox Estimate)

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₹16 L/yr - ₹30.5 L/yr
Abbott Management Trainee Salary and Career Growth

From

To

Management Trainee

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0 - 4 years exp.

Brand Manager

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1 - 9 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Abbott

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₹3.6 L/yr - ₹7.6 L/yr
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₹5.5 L/yr - ₹15 L/yr
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₹3.25 L/yr - ₹16.33 L/yr

Salary related reviews for Abbott

3.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 29 Jul 2024

3.0
 for  Salary and Benefits

Likes

Good Training Team,,, Salary And Incentives are good.

  • Skill development - Good

Dislikes

Toxic Manager's,Lack of Support from Newly promoted Manager's,Not Skilled enough to Handle the Team' and Poor Team Management. Harassment from Manager's to TBMs

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 29 Sep 2024

5.0
 for  Salary and Benefits

Likes

Everything is good except promotions & CTC.

  • Salary - Excellent
  • +5 more

Dislikes

Proper salary corrections are not happening as per age & experiencing. Iam 34 years old, having 9 years experience in Abbott with 6.2 lac CTC. my juniors with 26 years old & 2 years of experience is having more than 8 lac CTC. Training department has not designed promotions in proper way. That’s why I resigned to company.

read more
  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 08 Feb 2023

3.0
 for  Salary and Benefits

Likes

...ulture is good. 2) Get to learn about more scientific knowledge about product. 3) Less deduction in salary.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

1) When product market share gets down, the upper management sales team start to pressurise more and keep mettings on meeting. 2) Forget about the Promotion and yearly increment.

read more
  • Promotions - Bad
  • +1 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 21 Jan 2024

4.0
 for  Salary and Benefits

Likes

Pay and company image

  • Salary - Good
  • +1 more

Dislikes

You have to satisfy the ego of your boss and should be ready to give money to stockiest to do your target. If you don't do your target, you will be targeted and will be blackmailed

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 13 Dec 2022

3.0
 for  Salary and Benefits

Likes

I enjoyed to work under the brand image of Abbott. His Salary & Benifits also good to motivate us

read more

Dislikes

1. Inefficient people are hiring in Senior level based on the reference. 2. Internal Politics & preferences. 3. Inactive HR .

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  • Job security - Poor
  • +2 more
see more salary related reviews

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Abbott Management Trainee Salary FAQs

What is the salary of Management Trainee at Abbott in Mumbai?
The average salary of a Management Trainee at Abbott in Mumbai typically ranges from ₹15.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Management Trainee in Mumbai at Abbott earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Management Trainee Salaries at Abbott 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 10+ Abbott employees in India.
What is the estimated take home salary of a Management Trainee at Abbott in Mumbai?
The estimated take-home salary of a Management Trainee at Abbott in Mumbai typically ranges from ₹1,09,591 to ₹1,12,622 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from Fresher 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 10+ salaries received from various employees of Abbott. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Abbott for Management Trainee in India?
GlaxoSmithKline Pharmaceuticals ₹9.0 Lakhs to ₹23.0 Lakhs per year
ICICI Bank ₹8.0 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Abbott, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Abbott in Mumbai?
The salary of a Management Trainee at companies similar to Abbott in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹5.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank ₹4.0 Lakhs to ₹13.0 Lakhs per year
Unity Small Finance Bank ₹1.2 Lakhs to ₹3.0 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 Management Trainee at Abbott in Mumbai?
The salary growth for a Management Trainee at Abbott in Mumbai depends on factors such as experience, performance, and promotions. On average, a Management Trainee in Mumbai can expect the following growth trajectory at Abbott:

Experience Average Salary Range
Fresher ₹6.0 Lakhs to ₹16.0 Lakhs per year
1 year ₹15.0 Lakhs to ₹22.0 Lakhs per year
2 years ₹15.0 Lakhs to ₹28.9 Lakhs per year
3 years ₹16.0 Lakhs to ₹29.7 Lakhs per year
and so on.

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Abbott Management Trainee salary in Mumbai ranges between ₹15 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Abbott latest salaries received from various employees of Abbott.