Festo Pune Assistant Manager Salaries by 5 Employees

10 - 16 years exp.

₹11 Lakhs - ₹18.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

91% more than the average Assistant Manager Salary in Industrial Automation Companies for 10 - 16 years of experience

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Last Updated: 25 Sep 2024

Companies similar to Festo for Assistant Manager in Pune

Festo Assistant Manager Salary

10 - 16 years exp. (5 salaries)

₹11 L/yr - ₹18.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Johnson Controls Assistant Manager Salary 4 - 13 years exp. (527 salaries)	₹5 L/yr - ₹11 L/yr 50% less	1 job opening
GKN Assistant Manager Salary 7 - 13 years exp. (18 salaries)	₹5.5 L/yr - ₹13.5 L/yr 37% less
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Schneider Electric Assistant Manager Salary 3 - 11 years exp. (9 salaries)	₹5.2 L/yr - ₹9.5 L/yr 56% less
Honeywell Automation Assistant Manager Salary 10 - 14 years exp. (9 salaries)	₹7 L/yr - ₹11.2 L/yr 31% less
Wipro PARI Assistant Manager Salary 5 - 14 years exp. (9 salaries)	₹6.5 L/yr - ₹12.4 L/yr 41% less
Agiliad Technologies Assistant Manager Salary 7 - 17 years exp. (5 salaries)	₹6.5 L/yr - ₹17 L/yr 17% less
Cotmac Electronics Assistant Manager Salary 7 - 11 years exp. (3 salaries)	₹5.1 L/yr - ₹9.3 L/yr 45% less
Rexel Assistant Manager Salary 4 - 13 years exp. (3 salaries)	₹5 L/yr - ₹8.2 L/yr 58% less
Renishaw Assistant Manager Salary 15 - 20 years exp. (3 salaries)	₹18 L/yr - ₹19.9 L/yr 18% more

Assistant Manager salary at Festo ranges between ₹11 Lakhs to ₹18.8 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Festo.

Experience wise Festo Assistant Manager salaries in Pune

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.1 L/yr
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12 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
13 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
14 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
15+ years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr

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Similar Designation salaries in Festo

Project Engineer Salary

(3 salaries)

₹6.03 L/yr - ₹8 L/yr

Applications Engineer Salary

(3 salaries)

₹6.5 L/yr - ₹8.5 L/yr

Top skills at Festo for Assistant Manager

Project Handling Supervision Product Launch Technical Support Six Sigma Green Belt

Salary related reviews for Festo

3.1

Rated by 3 employees for salary & benefits

Senior Sales Engineer in Ludhiana

Full Time

Sales & Business Development Department

4.0

• posted on 09 Aug 2022

3.0

for Salary and Benefits

Likes

Excellent work culture and best till date learning environment. You are given free hand at learning and implementing your own ideas. Managers are very supportive & encourage you to achieve more. Work life balance and respect for family values.

Skill development - Excellent

+4 more

Dislikes

Salary being offered to new hires, especially people with 2-3 years experience is low as per industry standards.

Sales Engineer in Pune

Sales & Business Development Department

3.0

• posted on 05 May 2022

2.0

for Salary and Benefits

Likes

One of the best working culture with Job security ( if you want to work with less exposure and rewards) . No good policies for employees. Everyone here comes for their retirement plan😂.

Skill development - Good

+3 more

Dislikes

Less growth in terms of salary and promotion. Policies are not as per MNC. No focus on young talent, there is bunch of old employees working with old tactics and delaying process. After resignation, HR is not supportive at all, and do not even pick a call.

Salary - Poor

+1 more

Graduate Engineer Trainee (Get) in Bangalore / Bengaluru

Sales & Marketing Department

5.0

• posted on 30 Jul 2021

3.0

for Salary and Benefits

Likes

Everything about Festo is Good , co workers are great , management is awesome. Food is good , Office is Amazing. Work life balance is Great only 9 hrs of working . Sat - Sun off

Skill development - Good

+4 more

Dislikes

There was No growth , Less compensation. Everything else was amazing

Promotions - Poor

Sales Engineer in Noida

Sales & Business Development Department

4.0

• posted on 09 Jan 2021

4.0

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 - Good

+6 more

Didactic Trainer in Ahmedabad

Didactic Department

5.0

• posted on 11 Jul 2020

4.0

for Salary and Benefits

Likes

They paid full salary throughout the covid situation!! and that too without delay!! Nearly 3 months work from Home Am full heartedly thankful to Festo for supporting us in this situation when most of the companies are failed to support!!

Salary - Good

+5 more

Dislikes

Training and career growth!! is less

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Top trending discussions

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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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Festo Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Festo in Pune?

The average salary of a Assistant Manager at Festo in Pune typically ranges from ₹11.0 Lakhs to ₹18.8 Lakhs per year, depending on experience (from 10 years to 16 years).

The top 10% of Assistant Manager in Pune at Festo earn more than ₹18.8 Lakhs per year, and the top 1% earn over ₹18.8 Lakhs per year. Assistant Manager Salaries at Festo 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 5 Festo employees in India.

What is the estimated take home salary of a Assistant Manager at Festo in Pune?

The estimated take-home salary of a Assistant Manager at Festo in Pune typically ranges from ₹1,08,163 to ₹1,11,148 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹18.8 Lakhs per year for employees with experience ranging from 10 years to 16 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 5 salaries received from various employees of Festo. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Festo in Pune?

To be a Assistant Manager at Festo in Pune, the key skills required include:

- Project Handling
- Supervision
- Product Launch
- Technical Support
- Six Sigma Green Belt

These skills are highly valued at Festo and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Festo for Assistant Manager in India?

Renishaw

₹18.0 Lakhs to ₹19.9 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to Festo in Pune?

The salary of a Assistant Manager at companies similar to Festo in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Agiliad Technologies	₹6.5 Lakhs to ₹17.0 Lakhs per year
Honeywell Automation	₹7.0 Lakhs to ₹11.2 Lakhs per year
GKN	₹5.5 Lakhs to ₹13.5 Lakhs per year
Wipro PARI	₹6.5 Lakhs to ₹12.4 Lakhs per year
Cotmac Electronics	₹5.1 Lakhs to ₹9.3 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 Assistant Manager at Festo in Pune?

The salary growth for a Assistant Manager at Festo in Pune depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Pune can expect the following growth trajectory at Festo:

Experience	Average Salary Range
10 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
11 years	₹13.4 Lakhs to ₹17.1 Lakhs per year
12 years	₹13.6 Lakhs to ₹17.4 Lakhs per year
13 years	₹13.8 Lakhs to ₹17.6 Lakhs per year

and so on.

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Festo Assistant Manager Salaries in Pune

Festo Assistant Manager salary in Pune ranges between ₹11 Lakhs to ₹18.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Festo latest salaries received from various employees of Festo.