Bajaj Electricals Mumbai Chief Manager Salaries by 4 Employees

10 - 15 years exp.

₹23 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% more than the average Chief Manager Salary in Consumer Electronics & Appliances Companies for 10 - 15 years of experience

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Last Updated: 8 Mar 2024

Companies similar to Bajaj Electricals for Chief Manager in Mumbai

Bajaj Electricals Chief Manager Salary

10 - 15 years exp. (4 salaries)

₹23 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
Samsung Chief Manager Salary 7 - 19 years exp. (15 salaries)	₹22.6 L/yr - ₹42 L/yr 43% more
ICICI Bank Chief Manager Salary 5 - 23 years exp. (980 salaries)	₹13.7 L/yr - ₹39 L/yr 4% more
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Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (397 salaries)	₹7.5 L/yr - ₹30 L/yr 28% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (366 salaries)	₹11 L/yr - ₹36 L/yr 9% less
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (333 salaries)	₹5.1 L/yr - ₹18 L/yr 54% less	1 job opening

Chief Manager salary at Bajaj Electricals ranges between ₹23 Lakhs to ₹26 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Electricals.

Experience wise Bajaj Electricals Chief Manager salaries in Mumbai

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
11 years (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr
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12 years (AmbitionBox Estimate)	₹21.9 L/yr - ₹28 L/yr
13 years (AmbitionBox Estimate)	₹22 L/yr - ₹28.1 L/yr
14 years (AmbitionBox Estimate)	₹22 L/yr - ₹28.1 L/yr
15+ years (AmbitionBox Estimate)	₹22.3 L/yr - ₹28.5 L/yr

View all

Similar Designation salaries in Bajaj Electricals

Deputy Manager Salary

(55 salaries)

₹9 L/yr - ₹16.4 L/yr

Sales Manager Salary

(6 salaries)

₹10.5 L/yr - ₹14.5 L/yr

Salary related reviews for Bajaj Electricals

Sales Officer in Mumbai

Full Time

Other Department

5.0

• posted on 28 May 2021

4.0

for Salary and Benefits

Likes

...e cafeteria and gaming arcade for chilling company policies are good appraisals are fairand they give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. 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 joinees.

Area Sales Manager

Sales & Business Development Department

1.0

• posted on 11 Jun 2020

1.0

for Salary and Benefits

Likes

In this Company my experience is very bad, No Any Support from management. He is not getting salary on time in normal days, my seven month Expenses and five month salary of before lockdown is still not released. CEO of this Company Mr. Naveen Bajaj , R&D Mr. Prince bajaj and Co-Founder Mr. BD Bajaj Both are Biggest Chiters . Distributor Payment against not getting stock . My one of the business partner still waiting stock, Payment transfer before 11month..

Dislikes

This is not a Company, this is Biggest Chiters management. He is Delhi based..

Salary - Bad

+6 more

HR Executive Generalist in Mumbai

Full Time

Human Resources Department

4.0

• posted on 12 Dec 2023

2.0

for Salary and Benefits

Likes

I was on off roll. So less salary & No benefits . No work satisfaction because the work assigned to me was different from my profile no involvement in main activities . If you are getting recruited for Off roll . Think thrice before joining because you will feel bad by seeing the benefits and salary of On roll employees.

Job security - Good

+2 more

Dislikes

Mentioned above

Salary - Poor

+3 more

Trainee Production Engineer in Pune

Full Time

Media Production & Entertainment Department

3.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

Salary is on time to time .... Time is very flexible , staff is very friendly

Salary - Good

+1 more

Dislikes

Canteen and bus 🚌 both are not free means it was total paid ... working culture is highly pressurise and toxic ....... Shifts are rotational as per requirement as session to session

Skill development - Poor

+1 more

Senior Distribution Sales Executive in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 27 Jun 2023

1.0

for Salary and Benefits

Likes

As a company is very good.but I am not a company person.I am in Bajaj in 4 years.I have so many target achieved.But company r not allow me by direct pay roll .I think I will perfect & I hope achieve the promotion as a pay roll of Bajaj Electricals.

Skill development - Good

+2 more

Dislikes

All DSO work in ground level but there salary is very poor.this is the very dislike matter of Bajaj Electricals.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Electricals Chief Manager Salary FAQs

What is the salary of Chief Manager at Bajaj Electricals in Mumbai?

The average salary of a Chief Manager at Bajaj Electricals in Mumbai typically ranges from ₹23.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Chief Manager in Mumbai at Bajaj Electricals earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Chief Manager Salaries at Bajaj Electricals 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 4 Bajaj Electricals employees in India.

What is the estimated take home salary of a Chief Manager at Bajaj Electricals in Mumbai?

The estimated take-home salary of a Chief Manager at Bajaj Electricals in Mumbai typically ranges from ₹1,56,478 to ₹1,62,416 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 10 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 4 salaries received from various employees of Bajaj Electricals. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Electricals for Chief Manager in India?

Samsung	₹22.6 Lakhs to ₹42.0 Lakhs per year
ICICI Bank	₹13.7 Lakhs to ₹39.0 Lakhs per year

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

What is the salary of a Chief Manager in companies similar to Bajaj Electricals in Mumbai?

The salary of a Chief Manager at companies similar to Bajaj Electricals in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹11.0 Lakhs to ₹36.0 Lakhs per year
Kotak Mahindra Bank	₹7.5 Lakhs to ₹30.0 Lakhs per year
IndusInd Bank	₹5.1 Lakhs to ₹18.0 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 Chief Manager at Bajaj Electricals in Mumbai?

The salary growth for a Chief Manager at Bajaj Electricals in Mumbai depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Mumbai can expect the following growth trajectory at Bajaj Electricals:

Experience	Average Salary Range
10 years	₹21.8 Lakhs to ₹27.9 Lakhs per year
11 years	₹21.9 Lakhs to ₹28.0 Lakhs per year
12 years	₹21.9 Lakhs to ₹28.0 Lakhs per year
13 years	₹22.0 Lakhs to ₹28.1 Lakhs per year

and so on.

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Bajaj Electricals Chief Manager Salaries in Mumbai

Bajaj Electricals Chief Manager salary in Mumbai ranges between ₹23 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Electricals latest salaries received from various employees of Bajaj Electricals.