Formula Group Company Driver Salaries by 3 Employees (Updated 2025)

8 - 22 years exp.

₹2.2 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Company Driver Salary in Other Companies for 8 - 22 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Formula Group for Company Driver

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Company Driver Salary 15 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 23% less
Afcons Infrastructure Company Driver Salary 6 - 15 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr 119% more
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Tata Motors Company Driver Salary 1 - 10 years exp. (4 salaries)	₹1.2 L/yr - ₹4.3 L/yr 16% more
Autohangar Company Driver Salary 2 - 12 years exp. (4 salaries)	₹2 L/yr - ₹3.5 L/yr 22% more
Shivam Autozone Company Driver Salary 20 - 25 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 9% more

Company Driver salary at Formula Group ranges between ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 3 latest salaries received from various employees of Formula Group.

Experience wise Formula Group Company Driver salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Formula Group

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(AmbitionBox Estimate)

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(3 salaries)

₹2.2 L/yr - ₹5.2 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Operations Manager Salary

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₹3.7 L/yr - ₹4.7 L/yr

Transport Executive Salary

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₹3.1 L/yr - ₹3.9 L/yr

Operations Executive Salary

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Salary related reviews for Formula Group

1.0

Rated by 1 employees for salary & benefits

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Formula Group Company Driver Salary FAQs

What is the notice period for Company Driver at Formula Group?

According to AmbitionBox, 100% of the Formula Group Company Drivers reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Formula Group Company Driver Salaries

Formula Group Company Driver salary in India ranges between ₹2.2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Formula Group latest salaries received from various employees of Formula Group.