Formula Group Driver Salaries by 10 Employees

10 - 30 years exp.

₹1.9 Lakh - ₹4 Lakhs

Salary of majority employees

9% less than the average Driver Salary in Other Companies for 10 - 30 years of experience

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Last Updated: 18 Dec 2024

Companies similar to Formula Group for Driver

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Driver Salary 1 - 12 years exp. (59 salaries)	₹1.6 L/yr - ₹6.5 L/yr 8% more
Tata Group Driver Salary 0 - 6 years exp. (5 salaries)	₹1 L/yr - ₹7 L/yr 73% more
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Reliance Industries Driver Salary 2 - 21 years exp. (25 salaries)	₹1.2 L/yr - ₹6.5 L/yr 27% more
Aditya Birla Group Driver Salary 2 - 12 years exp. (4 salaries)	₹1.4 L/yr - ₹3.4 L/yr 19% less
Hindustan Unilever Driver Salary 3 - 15 years exp. (7 salaries)	₹1.3 L/yr - ₹2.9 L/yr 15% less
ITC Driver Salary 0 - 14 years exp. (12 salaries)	₹2.1 L/yr - ₹4.5 L/yr 16% more
Infosys Driver Salary 0 - 13 years exp. (12 salaries)	₹1.9 L/yr - ₹5 L/yr 15% more
Wipro Driver Salary 5 - 20 years exp. (13 salaries)	₹1.5 L/yr - ₹4.5 L/yr 2% more
HCLTech Driver Salary 0 - 13 years exp. (13 salaries)	₹2 L/yr - ₹5 L/yr 1% less
CMS Infosystems Driver Salary 7 - 15 years exp. (3 salaries)	₹1 L/yr - ₹4 L/yr 29% less

Driver salary at Formula Group ranges between ₹1.9 Lakh to ₹4 Lakhs per year for employees with experience between 10 years to 30 years. Salary estimates are based on 10 latest salaries received from various employees of Formula Group.

Experience wise Formula Group Driver salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.1 L/yr
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12 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
13 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.1 L/yr
15+ years (7 salaries)	₹1.9 L/yr - ₹3.2 L/yr

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Similar Designation salaries in Formula Group

Drive Master Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Chauffeur Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Company Driver Salary

(3 salaries)

₹2.2 L/yr - ₹2.4 L/yr

Billing Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Salary related reviews for Formula Group

4.8

Rated by 3 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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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Formula Group Driver Salary FAQs

What is the salary of Driver at Formula Group?

Driver salary at Formula Group in India ranges between ₹1.9 Lakhs to ₹4.0 Lakhs for experience between 10 years to 30 years. According to our estimates it is 9% less than the average Driver Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Formula Group India.

How does the salary of a Driver at Formula Group India compare with the average salary range for this job?

The average salary of a Driver at Formula Group is 9% less than the average salary of a Driver in India. To know exact salary insights, login to view.

Which similar companies are paying more than Formula Group to a Driver in India?

Tata Group Driver Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
Reliance Industries Driver Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
ITC Driver Salary - ₹2.1 Lakhs to ₹4.5 Lakhs per year
Infosys Driver Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
Mahindra & Mahindra Driver Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Driver in companies similar to Formula Group in India?

Wipro Driver Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
HCLTech Driver Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Hindustan Unilever Driver Salary - ₹1.3 Lakhs to ₹2.9 Lakhs per year
Aditya Birla Group Driver Salary - ₹1.4 Lakhs to ₹3.4 Lakhs per year
CMS Infosystems Driver Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Driver at Formula Group in India?

The estimated take-home salary of a Driver at Formula Group ranges between ₹19,672 per month to ₹21,340 per month in India. The take-home salary calculation is based on the average Formula Group Driver salary in India which ranges between ₹1.9 Lakhs to ₹4.0 Lakhs per year for employees with experience between 10 years to 30 years. Check how did we calculate take home salary?

What is the notice period for Driver at Formula Group?

According to AmbitionBox, 56% of the Formula Group Drivers reported a notice period of 15 days or less, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Formula Group Driver Salaries

Formula Group Driver salary in India ranges between ₹1.9 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Formula Group latest salaries received from various employees of Formula Group.