Ashok Leyland Finance Officer Salaries by 5 Employees

5 - 15 years exp.

₹4.5 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Finance Officer Salary in Automobile Companies for 5 - 15 years of experience

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Last Updated: 9 Sep 2024

Companies similar to Ashok Leyland for Finance Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Finance Officer Salary 4 - 7 years exp. (5 salaries)	₹0.8 L/yr - ₹4 L/yr 41% less
Ford Motor Finance Officer Salary 8 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8.3 L/yr 53% more
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Bajaj Finserv Finance Officer Salary 0 - 6 years exp. (65 salaries)	₹1.5 L/yr - ₹3.6 L/yr 44% less
ITC Finance Officer Salary 3 - 11 years exp. (63 salaries)	₹2.9 L/yr - ₹7 L/yr 17% more
HDB Financial Services Finance Officer Salary 0 - 3 years exp. (39 salaries)	₹1.2 L/yr - ₹4 L/yr 53% less

Finance Officer salary at Ashok Leyland ranges between ₹4.5 Lakhs to ₹5 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Ashok Leyland.

Experience wise Ashok Leyland Finance Officer salaries

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
15+ years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

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Salary related reviews for Ashok Leyland

Deputy Manager in Chennai

Full Time

Procurement & Supply Chain Department

3.0

• posted on 12 Jun 2024

2.0

for Salary and Benefits

Likes

Possible to express self. No strict formal attire, Able to interact beyond hierarchy

Job security - Good

Dislikes

Boss centric culture, Disparity in appraisal, Job to qualification or salary to experience matching is not possible

Salary - Poor

+3 more

Deputy Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 17 Oct 2023

4.0

for Salary and Benefits

Likes

There is enough freedom to express your thoughts. Higher or Top management are approachable Dress code is must only for production unit employees Conveyance is provided at minimal cost from various corners of the city All locations are accessible by public transport system also except founderies

Salary - Good

+1 more

Dislikes

... Chaos and confusions are common place and last mile delivery is so stressful. Salary policy is non existent. You can see lateral hires getting less than 10 lacs per annum CTC with more than 20 years of experience in domains other than finance or admin. But there are diploma holders with 4 or 5 years experience getting more than 10 lacs per annum . There is no equation suits the distribution.

Deputy Manager in Hosur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Nov 2019

1.0

for Salary and Benefits

Likes

Very few lateral entries who still working for lower bucks

Dislikes

Compensation is very low for lateral entries. And growth also very narrow. Since it is a automotive type daily work pressure will be high to meet the customers and projects requirements. During appraisal my achievements are not appreciated and considered and each time my manager tells it was management driven project. Senior HR people always telling that Ashokleyland one of the highest payers in India, which is absolute fake statement. Mid management

Salary - Bad

+6 more

Senior Associate in Pantnagar

Maintenance Department

4.0

• posted on 29 Oct 2021

3.0

for Salary and Benefits

Likes

Company policy are Good. They give Good payskill and Bonus Every year. Good work Environment & Teammates are supportive. But management is not properly Transparents.

Skill development - Excellent

Dislikes

Partiality between Permanent and Temporary Employees like as lot of politics. मेरी पहचान गुमनाम रखें

Deputy Manager in New Delhi

Finance & Accounting Department

1.0

• posted on 13 Feb 2018

4.0

for Salary and Benefits

Likes

Job security is good Travel expenses claim payment process is good

Salary - Good

Dislikes

No brotherhood A lot of politics (due to Indian culture like any govt. office) Have to work with more experienced old aged but less knowledgeable persons. Environment is very bad Work Life balance is very very very poor Salary & Benefits are good if you are DGM & above You can't survive until you are on Top position or you are a South Indian Can make you corrupt as many chances to take and give bribe.

Skill development - Bad

+4 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Ashok Leyland Finance Officer Salary FAQs

What is the salary of Finance Officer at Ashok Leyland ?

The average salary of a Finance Officer at Ashok Leyland in India typically ranges from ₹4.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 5 years to 15 years).

The top 10% of Finance Officer at Ashok Leyland earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Finance Officer Salaries at Ashok Leyland 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 5 Ashok Leyland employees in India.

What is the estimated take home salary of a Finance Officer at Ashok Leyland in India?

The estimated take-home salary of a Finance Officer at Ashok Leyland in India typically ranges from ₹35,142 to ₹36,379 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 5 years to 15 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 5 salaries received from various employees of Ashok Leyland. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ashok Leyland for Finance Officer in India?

Ford Motor	₹6.5 Lakhs to ₹8.3 Lakhs per year
ITC	₹2.9 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ashok Leyland, depending on the role and experience level.

What is the salary of a Finance Officer in companies similar to Ashok Leyland in India?

The salary of a Finance Officer at companies similar to Ashok Leyland in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹0.8 Lakhs to ₹4.0 Lakhs per year
Bajaj Finserv	₹1.5 Lakhs to ₹3.6 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹4.0 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 Finance Officer at Ashok Leyland in India?

The salary growth for a Finance Officer at Ashok Leyland depends on factors such as experience, performance, and promotions. On average, a Finance Officer can expect the following growth trajectory at Ashok Leyland:

Experience	Average Salary Range
5 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
6 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
8 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Ashok Leyland Finance Officer Salaries

Ashok Leyland Finance Officer salary in India ranges between ₹4.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Ashok Leyland latest salaries received from various employees of Ashok Leyland.