Formel D Team Lead Salaries by 2 Employees (Updated 2024)

7 - 8 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 7 Mar 2023

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Team Lead salary at Formel D ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Formel D.

Similar Designation salaries in Formel D

Supervisor Salary

(4 salaries)

₹2 L/yr - ₹2.65 L/yr

Salary related reviews for Formel D

Team Leader-Quality Assurance/Quality Control in Pune

Quality Department

1.0

• posted on 24 Jan 2020

2.0

for Salary and Benefits

Likes

...ood company in case you are jobless and you do not have any other offer in hand. Only thing which is good about this company is the salary is on time and there is sufficient exposure to the industry being working with OEM's and supplier partners.

Dislikes

No job security Pathetic top management Poor decision making of top management Terminates the resources without any reason High level politics at all the levels leading to favoring Improper systems in place for day-to-day job handling Top level management does not care about anyone Bad image in front of customer Choose Formel D only if you are jobless.

Vehicle Testing Supervisor in Ahmedabad

Production, Manufacturing & Engineering Department

4.0

• posted on 14 Feb 2019

4.0

for Salary and Benefits

Likes

...owth is definitely.. you have many job opportunity when you working in plant.. #Salary - Good but not the high level. #Learning / Innovation - you will definitely learn something new and exciting.

Dislikes

#Teammates : Upper level management - in one word Third class Lower level people - Higly politics, bad ethics. #Job Security : They will choose you, use you. And when work done they will threw you....they are 3rd party company they have not long term plan. Please if you want life time job don't go there. If project completed they tell you please don't come up till New project start but reality is it's never start. They are playing with employees life. #Work Life balance - Terrible cause of 3 shift in a day. Not fix that you have come to regular shift....

Finance & Accounting Department

1.0

• posted on 17 Mar 2019

1.0

for Salary and Benefits

Likes

Only good for freshers to learn something .

Dislikes

.... to country head to directors. C9mpnay under financial crisis. No job security. Low pay. No motivation Just work n work without asking for reward.

Senior Quality Engineer in Pune

Quality Assurance Department

2.0

• posted on 02 Jul 2022

2.0

for Salary and Benefits

Likes

Colleagues support is good, learning to work in different fields, getting exposure and knowledge of different process's and products. You take the challenging jobs of process improvements and improve them with your own experience.

Dislikes

No Employee motivation, Management support not in place, No Employee competency development. Company culture down the line is good, Job insecurity. If you don't have any projects then it's the responsibility of yours that you have to get the new projects and conver them into business.

Quality Inspector in Pune

Qualiy Department

3.0

• posted on 23 Apr 2019

3.0

for Salary and Benefits

Likes

Company policy are good.

Dislikes

This is project besed company so it's totally depends on customer hense less job security They don't care last chain employee But fact is total income coming from only when these people working.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Formel D Team Lead Salary FAQs

What is the notice period for Team Lead at Formel D?

According to AmbitionBox, 100% of the Formel D Team Leads reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Formel D Team Lead Salaries

Formel D Team Lead salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs. This is an estimate based on latest salaries received from employees of Formel D.