Bajaj Electricals Institutional Sales Manager Salaries by 4 Employees

9 - 11 years exp.

₹14.2 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

32% more than the average Institutional Sales Manager Salary in Consumer Electronics & Appliances Companies for 9 - 11 years of experience

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Last Updated: 19 Jul 2023

Companies similar to Bajaj Electricals for Institutional Sales Manager

Company name	Avg Annual Salary	Open Jobs
LG Electronics Institutional Sales Manager Salary 14 - 18 years exp. (7 salaries)	₹19.5 L/yr - ₹33 L/yr 49% more
Grasim Industries Institutional Sales Manager Salary 0 - 10 years exp. (90 salaries)	₹5 L/yr - ₹13 L/yr 48% less
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Maruti Suzuki Institutional Sales Manager Salary 0 - 10 years exp. (31 salaries)	₹12.1 L/yr - ₹27.2 L/yr 16% more	1 job opening
Haier Appliances India Institutional Sales Manager Salary 5 - 18 years exp. (15 salaries)	₹7.8 L/yr - ₹20.6 L/yr 14% less
Birla Opus Paints Institutional Sales Manager Salary 3 - 8 years exp. (12 salaries)	₹6 L/yr - ₹11 L/yr 50% less

Institutional Sales Manager salary at Bajaj Electricals ranges between ₹14.2 Lakhs to ₹19 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Electricals.

Experience wise Bajaj Electricals Institutional Sales Manager salaries

Last Updated: 19 Jul 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.8 L/yr
10 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr
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11 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr

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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.

Territory Sales Manager in Bhubaneswar

Full Time

Sales & Business Development Department

3.0

• posted on 17 Jan 2023

2.0

for Salary and Benefits

Likes

Bajaj is family company, working culture is good, work life balance is good.

Skill development - Good

+2 more

Dislikes

No incentive for sales people, promotion is very poor, salary hike is also not good.boss will favour their colleagues who do oiling

Salary - Poor

+1 more

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

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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 Institutional Sales Manager Salary FAQs

What is the salary of Institutional Sales Manager at Bajaj Electricals ?

The average salary of a Institutional Sales Manager at Bajaj Electricals in India typically ranges from ₹14.2 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Institutional Sales Manager at Bajaj Electricals earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Institutional Sales 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 Institutional Sales Manager at Bajaj Electricals in India?

The estimated take-home salary of a Institutional Sales Manager at Bajaj Electricals in India typically ranges from ₹1,14,565 to ₹1,17,757 per month. This is based on the average salary range of ₹14.2 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 9 years to 11 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 Institutional Sales Manager in India?

LG Electronics	₹19.5 Lakhs to ₹33.0 Lakhs per year
Maruti Suzuki	₹12.1 Lakhs to ₹27.2 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 Institutional Sales Manager in companies similar to Bajaj Electricals in India?

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

Haier Appliances India	₹7.8 Lakhs to ₹20.6 Lakhs per year
Grasim Industries	₹5.0 Lakhs to ₹13.0 Lakhs per year
Birla Opus Paints	₹6.0 Lakhs to ₹11.0 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 Institutional Sales Manager at Bajaj Electricals in India?

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

Experience	Average Salary Range
9 years	₹13.2 Lakhs to ₹16.8 Lakhs per year
10 years	₹15.3 Lakhs to ₹19.6 Lakhs per year
11 years	₹17.1 Lakhs to ₹21.8 Lakhs per year

and so on.

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Bajaj Electricals Institutional Sales Manager Salaries

Bajaj Electricals Institutional Sales Manager salary in India ranges between ₹14.2 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Electricals latest salaries received from various employees of Bajaj Electricals.