Forbes Marshall Chennai Product Manager Salaries by 4 Employees

12 - 17 years exp.

₹13 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average Product Manager Salary in Industrial Machinery Companies for 12 - 17 years of experience

Interested in this particular role?

Last Updated: 22 Jun 2024

Companies similar to Forbes Marshall for Product Manager in Chennai

Forbes Marshall Product Manager Salary

12 - 17 years exp. (4 salaries)

₹13 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
Kirloskar Oil Engines Product Manager Salary 12 - 15 years exp. (3 salaries)	₹8.7 L/yr - ₹11.4 L/yr 32% less
Gmmco Product Manager Salary 4 - 10 years exp. (3 salaries)	₹13.5 L/yr - ₹21 L/yr 10% more
Login to view exact salary
Ford Motor Product Manager Salary 6 - 21 years exp. (115 salaries)	₹12.8 L/yr - ₹42 L/yr 95% more
HDFC Bank Product Manager Salary 0 - 12 years exp. (63 salaries)	₹6.5 L/yr - ₹23.8 L/yr 10% less
Syncfusion Product Manager Salary 4 - 11 years exp. (46 salaries)	₹9.5 L/yr - ₹21 L/yr 17% less

Product Manager salary at Forbes Marshall ranges between ₹13 Lakhs to ₹16 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Forbes Marshall.

Experience wise Forbes Marshall Product Manager salaries in Chennai

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
13 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
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14 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.2 L/yr
15+ years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr

Top skills at Forbes Marshall for Product Manager

Valves AutoCAD Mechanical Engineering Design Solid Edge ibr ANSI Fmea Design Analysis

Salary related reviews for Forbes Marshall

4.0

Rated by 1 employees for salary & benefits

Service Engineer in Pune

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Feb 2025

2.0

for Salary and Benefits

Likes

Timely salary payments.

Dislikes

During training company hides the facts that the role is contract-based. They state permanent hiring after 2 years, but it doen't happen. Third-party employees don't receive respect from permanent staff. The work is repetative and lacks of technical learning opportunities.

Salary - Poor

+6 more

Graduate Trainee in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

Here you are not suppressed by the heads. Managers and top management is ready to listen all the time. Even the owner interact with young people.

Dislikes

Canteen has no options, work life balance is worst 9.5 hours/day working, no/less salary hike, work satisfaction is zero, they will ask you to do anything irrespective of your profile whether you like it or not

Skill development - Bad

+3 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

2.0

• posted on 25 Jun 2022

3.0

for Salary and Benefits

Likes

The only good thing about this company is if you are looking to work somewhere for 30+ years this is the organisation for you. It helps you with a comfort zone and has good family spirit. Safe place for women to work.

Job security - Excellent

Dislikes

...growth opportunities for any individual is almost nil unless you are in sales. The salary is not in par with the industry, if you want salary growth this is not the place for you. Everything is manual here , there are no welcome kits , no vending machines, good cafeteria etc . Getting resources to help with projects and work is a problem. No perks or benefits aside from the salary.

Skill development - Poor

+3 more

Salesman in Bangalore Rural

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2023

3.0

for Salary and Benefits

Likes

Freshers can learn lot of things, Salary comes on time

Dislikes

Lot of internal politics Too much pressure for numbers Contribution goes on sharing basis to lot of people HR will find all the possible ways to delay the process, and not to give the increments.

Skill development - Poor

+4 more

Apprentice Trainee in Kasarwadi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 15 Jun 2023

4.0

for Salary and Benefits

Likes

Best company culture, good pay ,skill development,supportive staff

Salary - Good

+2 more

Dislikes

Lots of internal politics. Interaction with HR is just dream after joining. Very slow process of onboarding, less job security , after completing apprenticeship they offers contract based extension.

Skill development - Poor

+3 more

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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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Forbes Marshall Product Manager Salary FAQs

What is the salary of Product Manager at Forbes Marshall in Chennai?

The average salary of a Product Manager at Forbes Marshall in Chennai typically ranges from ₹13.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Product Manager in Chennai at Forbes Marshall earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Product Manager Salaries at Forbes Marshall 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 Forbes Marshall employees in India.

What is the estimated take home salary of a Product Manager at Forbes Marshall in Chennai?

The estimated take-home salary of a Product Manager at Forbes Marshall in Chennai typically ranges from ₹1,08,468 to ₹1,11,463 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 12 years to 17 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 Forbes Marshall. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Product Manager at Forbes Marshall in Chennai?

To be a Product Manager at Forbes Marshall in Chennai, the key skills required include:

- Valves
- AutoCAD
- Mechanical Engineering
- Design
- Solid Edge

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

Which companies offer higher salaries than Forbes Marshall for Product Manager in India?

Ford Motor	₹12.8 Lakhs to ₹42.0 Lakhs per year
Gmmco	₹13.5 Lakhs to ₹21.0 Lakhs per year

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

What is the salary of a Product Manager in companies similar to Forbes Marshall in Chennai?

The salary of a Product Manager at companies similar to Forbes Marshall in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹6.5 Lakhs to ₹23.8 Lakhs per year
Syncfusion	₹9.5 Lakhs to ₹21.0 Lakhs per year
Kirloskar Oil Engines	₹8.7 Lakhs to ₹11.4 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 Product Manager at Forbes Marshall in Chennai?

The salary growth for a Product Manager at Forbes Marshall in Chennai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Chennai can expect the following growth trajectory at Forbes Marshall:

Experience	Average Salary Range
12 years	₹13.7 Lakhs to ₹17.5 Lakhs per year
13 years	₹14.0 Lakhs to ₹17.9 Lakhs per year
14 years	₹14.3 Lakhs to ₹18.2 Lakhs per year
15 years	₹15.4 Lakhs to ₹19.7 Lakhs per year

and so on.

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Forbes Marshall Product Manager Salaries in Chennai

Forbes Marshall Product Manager salary in Chennai ranges between ₹13 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Forbes Marshall latest salaries received from various employees of Forbes Marshall.