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Formula Group Fleet Executive salaries in India

Annual salary range
3 - 13 years exp.
₹2.5 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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At par with the average Fleet Executive Salary in Other Companies for 3 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Fleet Executive Salary
3 - 7 years exp. (3 salaries)
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₹2.6 L/yr - ₹3 L/yr

Procurement & Supply Chain
Fleet Executive Salary
13 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 18 Nov 2024

Companies similar to Formula Group for Fleet Executive

Company name Avg Annual Salary Open Jobs
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Reliance Industries Fleet Executive Salary

1 - 6 years exp. (13 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 8% more
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₹2 L/yr - ₹4.6 L/yr

arrow icon 26% more
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Zoomcar Fleet Executive Salary

0 - 7 years exp. (45 salaries)

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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 19% less
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Patanjali Parivahan Fleet Executive Salary

0 - 8 years exp. (27 salaries)

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₹1.5 L/yr - ₹3.4 L/yr

arrow icon 19% less
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Vogo Automotive Fleet Executive Salary

0 - 6 years exp. (25 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 24% less
Fleet Executive salary at Formula Group ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Formula Group.

Latest annual salaries shared by Formula Group Fleet Executive

1mo ago
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7 years exp.
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3 years exp.
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3 years exp.
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13 years exp.

Experience wise Formula Group Fleet Executive salaries

Last Updated: 18 Nov 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹2.5 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Formula Group

Transport Executive Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
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₹3.5 L/yr - ₹4.4 L/yr
Fleet Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Supervisor Salary
(3 salaries)
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₹2.2 L/yr - ₹5.2 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Fleet Operations Manager Salary
(AmbitionBox Estimate)
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₹7.6 L/yr - ₹9.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
Branch Manager Salary
(AmbitionBox Estimate)
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₹16.5 L/yr - ₹21 L/yr

Salary related reviews for Formula Group

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.

read more

Dislikes

Management

  • Salary - Bad
  • +6 more

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 ,

read more
  • 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 ...

read more
  • Salary - Poor
  • +5 more

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.

read more
  • 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.

read more
  • Job security - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

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Formula Group Fleet Executive Salary FAQs

What is the salary of Fleet Executive at Formula Group ?
The average salary of a Fleet Executive at Formula Group in India typically ranges from ₹2.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Fleet Executive at Formula Group earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Fleet Executive Salaries at Formula Group 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 6 Formula Group employees in India.
What is the estimated take home salary of a Fleet Executive at Formula Group in India?
The estimated take-home salary of a Fleet Executive at Formula Group in India typically ranges from ₹21,367 to ₹23,010 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 13 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 6 salaries received from various employees of Formula Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Formula Group for Fleet Executive in India?
GVK Emergency Management and Research Institute ₹2.0 Lakhs to ₹4.6 Lakhs per year
Reliance Industries ₹2.4 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Formula Group, depending on the role and experience level.
What is the salary of a Fleet Executive in companies similar to Formula Group in India?
The salary of a Fleet Executive at companies similar to Formula Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Patanjali Parivahan ₹1.5 Lakhs to ₹3.4 Lakhs per year
Zoomcar ₹1.8 Lakhs to ₹3.2 Lakhs per year
Vogo Automotive ₹1.8 Lakhs to ₹2.8 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 Fleet Executive at Formula Group in India?
The salary growth for a Fleet Executive at Formula Group depends on factors such as experience, performance, and promotions. On average, a Fleet Executive can expect the following growth trajectory at Formula Group:

Experience Average Salary Range
3 years ₹2.5 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
5 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
and so on.

Tell us how to improve this page.

Formula Group Fleet Executive salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Formula Group latest salaries received from various employees of Formula Group.