Bajaj Auto Manager new Product Development Salaries by 4 Employees (Updated 2024)

11 - 21 years exp.

₹24 Lakhs - ₹34 Lakhs

Low Confidence

Salary of majority employees

80% more than the average Manager new Product Development Salary in Automobile Companies for 11 - 21 years of experience

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Salaries in different departments

Procurement & Supply Chain Manager new Product Development Salary 11 - 21 years exp. (3 salaries)	₹24 L/yr - ₹34 L/yr
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Research & Development Manager new Product Development Salary 17 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 17 Jul 2023

Companies similar to Bajaj Auto for Manager new Product Development

Company name	Avg Annual Salary	Open Jobs
Hero MotoCorp Manager new Product Development Salary 10 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹22.8 L/yr 44% less
TVS Motor Manager new Product Development Salary 12 - 16 years exp. (5 salaries)	₹14.5 L/yr - ₹18.6 L/yr 40% less
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Mahindra & Mahindra Manager new Product Development Salary 13 - 20 years exp. (7 salaries)	₹15.5 L/yr - ₹35 L/yr 6% less
Maruti Suzuki Manager new Product Development Salary 9 - 11 years exp. (4 salaries)	₹24 L/yr - ₹34.4 L/yr 2% more
Tata Motors Manager new Product Development Salary 4 - 14 years exp. (5 salaries)	₹7.7 L/yr - ₹22 L/yr 52% less
Ashok Leyland Manager new Product Development Salary 2 - 6 years exp. (4 salaries)	₹3.8 L/yr - ₹18.5 L/yr 63% less
Royal Enfield Manager new Product Development Salary 12 - 14 years exp. (3 salaries)	₹21.3 L/yr - ₹27.5 L/yr 19% less
VE Commercial Vehicles Manager new Product Development Salary 14 - 19 years exp. (5 salaries)	₹20 L/yr - ₹24 L/yr 24% less
Ford Motor Manager new Product Development Salary 15 - 21 years exp. (3 salaries)	₹30 L/yr - ₹43.5 L/yr 21% more

Manager new Product Development salary at Bajaj Auto ranges between ₹24 Lakhs to ₹34 Lakhs per year for employees with experience between 11 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Auto.

Experience wise Bajaj Auto Manager new Product Development salaries

Last Updated: 17 Jul 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹34 L/yr - ₹34 L/yr
12 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹36.4 L/yr
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13 years (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.2 L/yr
14 years (AmbitionBox Estimate)	₹27.8 L/yr - ₹34 L/yr
15+ years (3 salaries)	₹24 L/yr - ₹30 L/yr

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Salary related reviews for Bajaj Auto

Design Engineer in Akurdi, Pune

Full Time

Research & Development Department

1.0

• posted on 08 Nov 2022

1.0

for Salary and Benefits

Likes

Work life balance

Dislikes

*No hike *No appreciation *We have to work hard and managers take credit Totally irresponsible HRs they don't want to know anything about the employees happiness during tenure even they don't want meet any employees while leaving the company to take any feedback. *I waited for 1 month for my experience letter after taking many follow-ups. *I waited for more than two months for my PF amont after taking many follow ups neither I received it nor any reply from HRs *no growth *no extra curricular activities.

Assistant Manager - R&D in Pune

Research & Development Department

1.0

• posted on 30 Jul 2022

1.0

for Salary and Benefits

Likes

Most negative work environment possible. They heavy reduced salary of employees by 55% in july 2020 and not reverted back till date. What else review is there to say about this company.

Dislikes

Nothing to like.

Design Engineer in Pune

Research & Development Department

3.0

• posted on 08 May 2022

1.0

for Salary and Benefits

Likes

I was enjoying my work.

Dislikes

...k into it. Every team member was trying to keep me back except the organisation. When you serve the organization for more than 10 years you deserve to get some compensation. But Bajaj didn't give you that.

R&D Engineer in Akurdi,Pune.

Research & Development Department

3.0

• posted on 05 Sep 2020

4.0

for Salary and Benefits

Likes

They did not suffer us from pandemic situation ,they gave us salary time to time

Dislikes

...tism is the only thing which will be affected in coming ears to all employees They reduced employees salary about 30-40% after covid crisis

Line Engineer in Aurangabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 16 May 2024

4.0

for Salary and Benefits

Likes

The company's work culture is very good It's a secure job with a good environment

Dislikes

Good pay have been reduced for many employees Promotions should not be limited to employees who have completed higher education

see more salary related reviews

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Top trending discussions

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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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Bajaj Auto Manager new Product Development Salary FAQs

What is the salary of Manager new Product Development at Bajaj Auto?

Manager new Product Development salary at Bajaj Auto in India ranges between ₹24.0 Lakhs to ₹34.0 Lakhs for experience between 11 years to 21 years. According to our estimates it is 80% more than the average Manager new Product Development Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Auto India.

How does the salary of a Manager new Product Development at Bajaj Auto India compare with the average salary range for this job?

The average salary of a Manager new Product Development at Bajaj Auto is 80% more than the average salary of a Manager new Product Development in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bajaj Auto to a Manager new Product Development in India?

Ford Motor Manager new Product Development Salary - ₹30.0 Lakhs to ₹43.5 Lakhs per year
Maruti Suzuki Manager new Product Development Salary - ₹24.0 Lakhs to ₹34.4 Lakhs per year

What is the salary of a Manager new Product Development in companies similar to Bajaj Auto in India?

Mahindra & Mahindra Manager new Product Development Salary - ₹15.5 Lakhs to ₹35.0 Lakhs per year
Royal Enfield Manager new Product Development Salary - ₹21.3 Lakhs to ₹27.5 Lakhs per year
VE Commercial Vehicles Manager new Product Development Salary - ₹20.0 Lakhs to ₹24.0 Lakhs per year
TVS Motor Manager new Product Development Salary - ₹14.5 Lakhs to ₹18.6 Lakhs per year
Hero MotoCorp Manager new Product Development Salary - ₹12.5 Lakhs to ₹22.8 Lakhs per year

What is the estimated take home salary of a Manager new Product Development at Bajaj Auto in India?

The estimated take-home salary of a Manager new Product Development at Bajaj Auto ranges between ₹1,78,864 per month to ₹1,85,814 per month in India. The take-home salary calculation is based on the average Bajaj Auto Manager new Product Development salary in India which ranges between ₹24.0 Lakhs to ₹34.0 Lakhs per year for employees with experience between 11 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Manager new Product Development at Bajaj Auto?

According to AmbitionBox, 100% of the Bajaj Auto Manager new Product Developments reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bajaj Auto Manager new Product Development Salaries

Bajaj Auto Manager new Product Development salary in India ranges between ₹24 Lakhs to ₹34 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Auto latest salaries received from various employees of Bajaj Auto.