Formulaic Engineers Technical Manager Salaries by 10+ Employees (Updated 2024)

0 - 3 years exp.

₹2.5 Lakhs - ₹7 Lakhs

Salary of majority employees

82% less than the average Technical Manager Salary for 0 - 3 years of experience

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Salaries in different departments

Construction & Site Engineering Technical Manager Salary 0 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹6.2 L/yr
Finance & Accounting Technical Manager Salary 1 - 3 years exp. (3 salaries)	₹3.6 L/yr - ₹6.5 L/yr
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Consulting Technical Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹7 L/yr

Last Updated: 11 Nov 2024

Companies similar to Formulaic Engineers for Technical Manager

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Technical Manager Salary 12 - 21 years exp. (927 salaries)	₹10 L/yr - ₹40 L/yr 513% more
TCS Technical Manager Salary 10 - 19 years exp. (190 salaries)	₹11 L/yr - ₹36.5 L/yr 433% more
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Wipro Technical Manager Salary 10 - 19 years exp. (207 salaries)	₹12.6 L/yr - ₹42 L/yr 551% more	1 job opening
Infosys Technical Manager Salary 10 - 19 years exp. (229 salaries)	₹11 L/yr - ₹39 L/yr 464% more
HCLTech Technical Manager Salary 9 - 20 years exp. (2.1k salaries)	₹11.1 L/yr - ₹35 L/yr 461% more
LTIMindtree Technical Manager Salary 12 - 17 years exp. (476 salaries)	₹12 L/yr - ₹35.5 L/yr 494% more
Mphasis Technical Manager Salary 12 - 18 years exp. (32 salaries)	₹17 L/yr - ₹28.5 L/yr 477% more
Persistent Systems Technical Manager Salary 10 - 18 years exp. (24 salaries)	₹21 L/yr - ₹36.5 L/yr 625% more
Hexaware Technologies Technical Manager Salary 12 - 18 years exp. (14 salaries)	₹15 L/yr - ₹32 L/yr 528% more
CTS Consulting & Technical Support Technical Manager Salary 11 - 14 years exp. (6 salaries)	₹19 L/yr - ₹38.5 L/yr 433% more
DISH TV Technical Manager Salary 11 - 17 years exp. (4 salaries)	₹14 L/yr - ₹16 L/yr 270% more
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Saama Technologies Technical Manager Salary 18 - 19 years exp. (3 salaries)	₹31 L/yr - ₹38 L/yr 757% more
JoulestoWatts Business Solutions Technical Manager Salary 5 - 10 years exp. (3 salaries)	₹13 L/yr - ₹40 L/yr 541% more
Linde India Technical Manager Salary 17 - 19 years exp. (3 salaries)	₹31.5 L/yr - ₹40.2 L/yr 763% more
ZF Steering Gear Technical Manager Salary 11 - 15 years exp. (3 salaries)	₹33 L/yr - ₹45 L/yr 831% more

Technical Manager salary at Formulaic Engineers ranges between ₹2.5 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 18 latest salaries received from various employees of Formulaic Engineers.

Experience wise Formulaic Engineers Technical Manager salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4 L/yr - ₹7.7 L/yr
1 year (6 salaries)	₹2.8 L/yr - ₹6.2 L/yr
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2 years (6 salaries)	₹3 L/yr - ₹7.3 L/yr
3 years (5 salaries)	₹2.5 L/yr - ₹7 L/yr

Similar Designation salaries in Formulaic Engineers

Team Lead Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹13.9 L/yr - ₹17.7 L/yr

Top skills at Formulaic Engineers for Technical Manager

DCF Civil Engineering Technical Management Valuation Technical Management Company Valuation Valuation

Salary related reviews for Formulaic Engineers

2.2

Rated by 3 employees for salary & benefits

Technical Manager in Dehradun

Management Department

3.0

• posted on 10 Nov 2020

4.0

for Salary and Benefits

Likes

Salary hike was only good thing but only for management employees. Not for entry level employees

Dislikes

Delayed salary, Lala company, Too much Gossip, grapevine among employees, including top management, No training

Team Manager in Lucknow

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 03 Jun 2023

2.0

for Salary and Benefits

Likes

Nothing, too much pressure and too much hectic schedule

Dislikes

...uation if anyone is dealing with tough situation. Too much politics junaid do. HR never recives call and always delays salary and anything required. TOO BAD environment, you can only learn who to become patience .

Area Technical Manager in Patna

Full Time

Construction & Site Engineering Department

1.0

• posted on 29 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing is to be like one of the worst company in India, i never got the salary on time, suneet tayagi sir never allow you to switch the company if you will switch the company then he will directly call to the company and give negative feedback.

Dislikes

If you are want to join this company better to stay unemployed. One of worst company (shop). No pf no employee code. I am very regret to it was my first company.

Branch Coordinator in Agra

Full Time

Branch Operations Department

1.0

• posted on 03 Jan 2023

1.0

for Salary and Benefits

Likes

There is definitely nothing to like about this company

Dislikes

...f the company, because if you do so they will release you with no documentation. Don’t provide the salary on time. Half of the salary is credited in your account and half will be provided in cash. No PF facility is there. No leave policy. They even deduct some part of your salary from FnF, that too without any reason. The worst company ever. They force fully asked employees to work on weekends and then don’t compensate for it as no leaves policy is there. Overall no employee benefits and learning skills only trauma, work load, and bad environment.

Area Technical Manager in Noida

Full Time

Valuation Department

2.0

• posted on 29 Sep 2020

3.0

for Salary and Benefits

Likes

Compensation provided is good, however never paid on time. When you leave the company, entire pending amount is confiscated by the director and never paid.

Dislikes

No work life balance. Boss expects you to work 24x7. No HR system. Boss can deduct salary for any reason he likes

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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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Formulaic Engineers Technical Manager Salary FAQs

What is the salary of Technical Manager at Formulaic Engineers?

Technical Manager salary at Formulaic Engineers in India ranges between ₹2.5 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 82% less than the average Technical Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Formulaic Engineers India.

How does the salary of a Technical Manager at Formulaic Engineers India compare with the average salary range for this job?

The average salary of a Technical Manager at Formulaic Engineers is 82% less than the average salary of a Technical Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Technical Manager at Formulaic Engineers?

DCF, Civil Engineering, Technical Management, Valuation and Technical Management are some of the popular skills required to work as a Technical Manager at Formulaic Engineers India.

Which similar companies are paying more than Formulaic Engineers to a Technical Manager in India?

ZF Steering Gear Technical Manager Salary - ₹33.0 Lakhs to ₹45.0 Lakhs per year
Linde India Technical Manager Salary - ₹31.5 Lakhs to ₹40.2 Lakhs per year
Saama Technologies Technical Manager Salary - ₹31.0 Lakhs to ₹38.0 Lakhs per year
Persistent Systems Technical Manager Salary - ₹21.0 Lakhs to ₹36.5 Lakhs per year
Wipro Technical Manager Salary - ₹12.6 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Technical Manager in companies similar to Formulaic Engineers in India?

JoulestoWatts Business Solutions Technical Manager Salary - ₹13.0 Lakhs to ₹40.0 Lakhs per year
Hexaware Technologies Technical Manager Salary - ₹15.0 Lakhs to ₹32.0 Lakhs per year
Tech Mahindra Technical Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
LTIMindtree Technical Manager Salary - ₹12.0 Lakhs to ₹35.5 Lakhs per year
Mphasis Technical Manager Salary - ₹17.0 Lakhs to ₹28.5 Lakhs per year

What is the estimated take home salary of a Technical Manager at Formulaic Engineers in India?

The estimated take-home salary of a Technical Manager at Formulaic Engineers ranges between ₹29,969 per month to ₹31,284 per month in India. The take-home salary calculation is based on the average Formulaic Engineers Technical Manager salary in India which ranges between ₹2.5 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Technical Manager at Formulaic Engineers?

According to AmbitionBox, 50% of the Formulaic Engineers Technical Managers reported a notice period of 1 Month, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Formulaic Engineers Technical Manager Salaries

Formulaic Engineers Technical Manager salary in India ranges between ₹2.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Formulaic Engineers latest salaries received from various employees of Formulaic Engineers.