Formula Group Assistant Manager Salaries by 3 Employees (Updated 2025)

9 - 11 years exp.

₹3.5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Assistant Manager Salary in Other Companies for 9 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr
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Administration & Facilities Assistant Manager Salary 11 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 12 Aug 2023

Companies similar to Formula Group for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Assistant Manager Salary 0 - 15 years exp. (2.2k salaries)	₹4.3 L/yr - ₹12.8 L/yr 49% more	1 job opening
Tata Group Assistant Manager Salary 3 - 15 years exp. (116 salaries)	₹3.9 L/yr - ₹15 L/yr 73% more	1 job opening
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Reliance Industries Assistant Manager Salary 0 - 17 years exp. (2.7k salaries)	₹2.1 L/yr - ₹10 L/yr 14% more
Aditya Birla Group Assistant Manager Salary 1 - 10 years exp. (355 salaries)	₹5 L/yr - ₹19 L/yr 105% more
Bharti Enterprises Assistant Manager Salary 2 - 17 years exp. (16 salaries)	₹6.1 L/yr - ₹16.5 L/yr 89% more
Hindustan Unilever Assistant Manager Salary 2 - 18 years exp. (736 salaries)	₹10.4 L/yr - ₹29.3 L/yr 315% more
ITC Assistant Manager Salary 1 - 20 years exp. (622 salaries)	₹8 L/yr - ₹26 L/yr 172% more	1 job opening
Infosys Assistant Manager Salary 7 - 17 years exp. (490 salaries)	₹4.2 L/yr - ₹16 L/yr 69% more
Wipro Assistant Manager Salary 2 - 18 years exp. (4k salaries)	₹4.5 L/yr - ₹17 L/yr 90% more	8 job openings
HCLTech Assistant Manager Salary 1 - 15 years exp. (1.3k salaries)	₹4.3 L/yr - ₹14.5 L/yr 71% more	1 job opening
CMS Infosystems Assistant Manager Salary 5 - 13 years exp. (145 salaries)	₹2.3 L/yr - ₹8.5 L/yr 5% more	1 job opening
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SGS Assistant Manager Salary 6 - 19 years exp. (119 salaries)	₹5.5 L/yr - ₹17 L/yr 88% more	1 job opening
Cashify Assistant Manager Salary 2 - 8 years exp. (71 salaries)	₹3 L/yr - ₹8 L/yr 3% less
TÜV NORD Assistant Manager Salary 7 - 17 years exp. (69 salaries)	₹4.3 L/yr - ₹12.5 L/yr 68% more	1 job opening
Intertek Assistant Manager Salary 6 - 15 years exp. (53 salaries)	₹4.7 L/yr - ₹12.5 L/yr 65% more
Abellon Clean Energy Assistant Manager Salary 5 - 15 years exp. (29 salaries)	₹5.4 L/yr - ₹13 L/yr 57% more
Luxor Writing Instruments Assistant Manager Salary 3 - 12 years exp. (27 salaries)	₹4.9 L/yr - ₹8.2 L/yr 22% more
Gold Plus Glass Assistant Manager Salary 5 - 14 years exp. (17 salaries)	₹4.3 L/yr - ₹10.5 L/yr 25% more
Rorito International Assistant Manager Salary 2 - 27 years exp. (12 salaries)	₹3.4 L/yr - ₹7.5 L/yr 15% more
Reliance Group Assistant Manager Salary 0 - 11 years exp. (12 salaries)	₹4.3 L/yr - ₹11.2 L/yr 32% more

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Assistant Manager salary at Formula Group ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Formula Group.

Experience wise Formula Group Assistant Manager salaries

Last Updated: 12 Aug 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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11 years (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr

Similar Designation salaries in Formula Group

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹16.5 L/yr - ₹21 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Operations Executive Salary

(6 salaries)

₹3.5 L/yr - ₹4.4 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Salary related reviews for Formula Group

Manager in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

1.0

• posted on 30 May 2022

1.0

for Salary and Benefits

Likes

You just work like slave for no appreciation or salary - what the company pays you it's better what swiggy or zomato pays to their employees. The work culture is horrible and no career growth.

Dislikes

Management

Salary - Bad

+6 more

Customer Service Executive in New Delhi

Customer Success, Service & Operations Department

2.0

• posted on 09 Mar 2019

2.0

for Salary and Benefits

Likes

Supportive team members, salary date is fixed ,provide health insurance ,

Skill development - Good

Dislikes

No job security, salary dedductions , no career growth , no IJP , appraisal depends upon other things not on our capability , politics ..politics ...politics ...

Salary - Poor

+5 more

Sr. Supervisor Fleet Operations in New Delhi

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2020

4.0

for Salary and Benefits

Likes

Good work environment, Teammates & management arn"t supportive. There is biggest drawbacks is that your teammates finds your mistakes like that they are going to get award for that.

Salary - Good

Dislikes

There is a lot of politics and the HR team doesn't address our issue, Salary is decent but career growth is slow.

Job security - Bad

+2 more

Senior Executive in New Delhi

Full Time

Legal & Regulatory Department

2.0

• posted on 02 Oct 2024

2.0

for Salary and Benefits

Likes

Just the company name and logo.

Job security - Good

Dislikes

Employee benefits. They just make you work, they will never take you for outing and plus only the Manager and above level are invited for their office parties. We will do the hard work and the Manager and above level will enjoy the success parties. Keep it up FORMULA.

Salary - Poor

+3 more

Senior Executive Operations in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

Salary is getting on time

Salary - Excellent

Dislikes

Mumbai operations manager Wilson Pinto is a selfish manager who never helps the team. Whenever team is in trouble he find the way to blame and target specific individuals. Due to this behaviour almost 6 good employees has been resigned Karan, Raju, Sarfaraz, Niranjan, Deepak and Anil.

Skill development - Bad

+5 more

see more salary related reviews

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fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Formula Group Assistant Manager Salary FAQs

What is the notice period for Assistant Manager at Formula Group?

According to AmbitionBox, 100% of the Formula Group Assistant Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Formula Group Assistant Manager Salaries

Formula Group Assistant Manager salary in India ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Formula Group latest salaries received from various employees of Formula Group.