Escorts Railway Equipment Division Faridabad Chief Manager Salaries by 6 Employees

13 - 19 years exp.

₹15 Lakhs - ₹32 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

7% more than the average Chief Manager Salary in Industrial Machinery Companies for 13 - 19 years of experience

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Salaries in different departments

Project & Program Management Chief Manager Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹25 L/yr
Sales & Business Development Chief Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹22.4 L/yr
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Research & Development Chief Manager Salary 19 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹32 L/yr

Last Updated: 15 Jul 2024

Companies similar to Escorts Railway Equipment Division for Chief Manager in Faridabad

Escorts Railway Equipment Division Chief Manager Salary

13 - 19 years exp. (6 salaries)

₹15 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
Escorts Kubota Limited Chief Manager Salary 11 - 20 years exp. (110 salaries)	₹16 L/yr - ₹35 L/yr 9% more
Sonalika Tractors Chief Manager Salary 12 - 17 years exp. (13 salaries)	₹16 L/yr - ₹30 L/yr 14% less
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Action Construction Equipment Chief Manager Salary 13 - 26 years exp. (8 salaries)	₹13.8 L/yr - ₹20.5 L/yr 20% less
Axis Max Life Insurance Chief Manager Salary 15 - 19 years exp. (6 salaries)	₹18 L/yr - ₹26 L/yr 2% less	4 job openings
Escorts Construction Equipment Chief Manager Salary 12 - 18 years exp. (5 salaries)	₹21 L/yr - ₹35 L/yr 14% more

Chief Manager salary at Escorts Railway Equipment Division ranges between ₹15 Lakhs to ₹32 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 6 latest salaries received from various employees of Escorts Railway Equipment Division.

Experience wise Escorts Railway Equipment Division Chief Manager salaries in Faridabad

Last Updated: 15 Jul 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
14 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
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15+ years (4 salaries)	₹15 L/yr - ₹32 L/yr

Similar Designation salaries in Escorts Railway Equipment Division

Associate Trainee Salary

(5 salaries)

₹1.8 L/yr - ₹2 L/yr

Deputy General Manager Salary

(4 salaries)

₹31 L/yr - ₹34.03 L/yr

Senior Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹6 L/yr

Quality Associate Salary

(4 salaries)

₹2.5 L/yr - ₹3 L/yr

Deputy General Manager Operations Salary

(3 salaries)

₹28.5 L/yr - ₹30 L/yr

Associate Engineer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Salary related reviews for Escorts Railway Equipment Division

4.0

Rated by 3 employees for salary & benefits

Mechanical Engineer in Fridabad

Production, Manufacturing & Engineering Department

5.0

• posted on 30 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+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.

Assistant Manager in Faridabad

Full Time

Procurement & Supply Chain Department

3.0

• posted on 10 Aug 2024

4.0

for Salary and Benefits

Likes

Work life Balance only

Salary - Good

+2 more

Dislikes

No system at all. Proper Sarkari culture and nobody wants to develop the system. Everyone is just working with the philosophy "Go with the Flow". From the learning point of View, I'll never advise anyone to join!!

Skill development - Bad

+3 more

Assistant Manager in Faridabad

Full Time

Other Department

5.0

• posted on 23 Oct 2024

4.0

for Salary and Benefits

Likes

To working in EKL is good experience for me I get the opportunity to learn lot things . Best of luck to EKL group. In future if I will get opportunity to work in EKL I will definitely join.

Salary - Good

+5 more

Dislikes

Long for approval regarding purchase iteam .

Executive in Faridabad

Full Time

Production planning & control Department

4.0

• posted on 21 Aug 2017

5.0

for Salary and Benefits

Likes

I am working as Ppc member in company my work is to feed the materials in Cnc shops and machine shops and also those Materials which are required for that complete assembly of products

Salary - Excellent

+6 more

Dislikes

There is no dislike

Associate Engineer in Faridabad

Quality Assurance Department

2.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

Company policy is poor as I get placed through campus selection as a DET & done training for 3 years but what was the result there is no retension of such hardworking dedicated trainee. As compared to other Escorts group (Tractor) those who completed 3 years training in certain department got on roll job but in this plant poor management, also no extra training given, allowances or benifits they only play with students future. I say that never ever come to this company as a trainee.

Dislikes

Salary - Bad
Skill development - Poor

+4 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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Escorts Railway Equipment Division Chief Manager Salary FAQs

What is the salary of Chief Manager at Escorts Railway Equipment Division in Faridabad?

The average salary of a Chief Manager at Escorts Railway Equipment Division in Faridabad typically ranges from ₹15.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Chief Manager in Faridabad at Escorts Railway Equipment Division earn more than ₹31.3 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Chief Manager Salaries at Escorts Railway Equipment Division 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 6 Escorts Railway Equipment Division employees in India.

What is the estimated take home salary of a Chief Manager at Escorts Railway Equipment Division in Faridabad?

The estimated take-home salary of a Chief Manager at Escorts Railway Equipment Division in Faridabad typically ranges from ₹1,53,816 to ₹1,59,634 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 6 salaries received from various employees of Escorts Railway Equipment Division. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Escorts Railway Equipment Division for Chief Manager in India?

Escorts Construction Equipment	₹21.0 Lakhs to ₹35.0 Lakhs per year
Escorts Kubota Limited	₹16.0 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Chief Manager in companies similar to Escorts Railway Equipment Division in Faridabad?

The salary of a Chief Manager at companies similar to Escorts Railway Equipment Division in Faridabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance	₹18.0 Lakhs to ₹26.0 Lakhs per year
Sonalika Tractors	₹16.0 Lakhs to ₹30.0 Lakhs per year
Action Construction Equipment	₹13.8 Lakhs to ₹20.5 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 Escorts Railway Equipment Division in Faridabad?

The salary growth for a Chief Manager at Escorts Railway Equipment Division in Faridabad depends on factors such as experience, performance, and promotions. On average, a Chief Manager in Faridabad can expect the following growth trajectory at Escorts Railway Equipment Division:

Experience	Average Salary Range
13 years	₹21.5 Lakhs to ₹27.5 Lakhs per year
14 years	₹21.6 Lakhs to ₹27.6 Lakhs per year
15 years	₹15.0 Lakhs to ₹32.0 Lakhs per year

and so on.

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Escorts Railway Equipment Division Chief Manager Salaries in Faridabad

Escorts Railway Equipment Division Chief Manager salary in Faridabad ranges between ₹15 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Escorts Railway Equipment Division latest salaries received from various employees of Escorts Railway Equipment Division.