Ferro Alloys Corporation Manager Materials Salaries by 3 Employees

11 - 22 years exp.

₹10.5 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% less than the average Manager Materials Salary for 11 - 22 years of experience

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Salaries in different departments

Procurement & Supply Chain Manager Materials Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr
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Finance & Accounting Manager Materials Salary 22 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 31 May 2023

Companies similar to Ferro Alloys Corporation for Manager Materials

Company name	Avg Annual Salary	Open Jobs
Greaves Cotton Manager Materials Salary 12 - 30 years exp. (7 salaries)	₹8.1 L/yr - ₹13 L/yr 11% less
Fiem Industries Manager Materials Salary 8 - 19 years exp. (3 salaries)	₹15 L/yr - ₹24 L/yr 62% more
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Reliance Industries Manager Materials Salary 4 - 20 years exp. (39 salaries)	₹4.7 L/yr - ₹16 L/yr 23% less
Lufthansa Technik Services India Manager Materials Salary 0 - 8 years exp. (25 salaries)	₹4.2 L/yr - ₹11 L/yr 43% less
Larsen & Toubro Limited Manager Materials Salary 11 - 24 years exp. (22 salaries)	₹10.5 L/yr - ₹25 L/yr 40% more

Manager Materials salary at Ferro Alloys Corporation ranges between ₹10.5 Lakhs to ₹18 Lakhs per year for employees with experience between 11 years to 22 years. Salary estimates are based on 3 latest salaries received from various employees of Ferro Alloys Corporation.

Experience wise Ferro Alloys Corporation Manager Materials salaries

Last Updated: 31 May 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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15+ years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in Ferro Alloys Corporation

Deputy Manager Salary

(4 salaries)

₹7.2 L/yr - ₹20.5 L/yr

Buyer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Salary related reviews for Ferro Alloys Corporation

General Manager in Bhadrak

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 Sep 2020

4.0

for Salary and Benefits

Likes

Job security is very high. Scope of team work and independent of experimenting new ideas.Selection of quality equipment and spares for replacement /renovations. Facilities to employees and security in colony life.

Salary - Good

+5 more

Dislikes

Work environment changing due to continuing of employees after superannuation for very longer period.. Self appraisal system stopped fully.Work-life balance getting disturbed slowly due to change of leadership.

Shift Incharge In Chrome Ore Benificiation Plant in Odisha

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Apr 2023

3.0

for Salary and Benefits

Likes

Good work place and progressive platform has there. Rewards and recognition available for the right candidate for their good & excellent achievement in respective work place. Overall Company work culture is good.

Skill development - Good

+3 more

Dislikes

Nothing to see.

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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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Ferro Alloys Corporation Manager Materials Salary FAQs

How the salary growth look like for a Manager Materials at Ferro Alloys Corporation in India?

The salary growth for a Manager Materials at Ferro Alloys Corporation depends on factors such as experience, performance, and promotions. On average, a Manager Materials can expect the following growth trajectory at Ferro Alloys Corporation:

Experience	Average Salary Range
11 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
12 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
15 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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Ferro Alloys Corporation Manager Materials Salaries

Ferro Alloys Corporation Manager Materials salary in India ranges between ₹10.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ferro Alloys Corporation latest salaries received from various employees of Ferro Alloys Corporation.