Formulated Polymers Salaries by 100+ Employees

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Production, Manufacturing & Engineering Research & Development Quality Assurance Procurement & Supply Chain + 6 more

Designation	Avg Annual Salary	Open Jobs
Service Marketing Executive 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.1 L/yr
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Senior Engineer 2 - 18 years exp. (4 salaries)	₹3 L/yr - ₹7.7 L/yr
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Executive Accountant 2 - 18 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr
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Quality Engineer 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr
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QA QC Engineer 4 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹3.1 L/yr
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Assistant Manager PPC 12 - 16 years exp. (3 salaries)	₹5.3 L/yr - ₹6 L/yr
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Quality Analyst 0 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr
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SAP Abap Consultant 2 - 7 years exp. (3 salaries)	₹7.5 L/yr - ₹18 L/yr
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Quality Trainee Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.2 L/yr
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Marketing Team Leader 7 - 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
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R&D Trainee 0 - 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Store Executive 13 - 16 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Quality Assurance Team Member 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Assistant Manager HR & Administration 9 - 11 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Purchase Executive 7 - 8 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Maintenance Team Member 2 - 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Senior Purchase and Store Executive 14 - 15 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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Senior Client Relationship Manager 23 - 25 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
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Sales Administration Officer 4 - 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Junior Quality Engineer 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Formulated Polymers

3.2

Rated by 15 employees for salary & benefits

Deputy Manager PPC in Chennai

Production, Manufacturing & Engineering Department

5.0

• posted on 26 May 2022

4.0

for Salary and Benefits

Likes

I would like to share with you, Good work environment and Really very happy to jurney with FPL family in past 6years. FPL is a excellent learning platform and every employees can easily convey their best suggestions and improvement points as well as implement the same as soon as possible to improvements of process oriented.Good team work has to win.

Salary - Good

+6 more

Dislikes

Salary growth is slow.

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Formulated Polymers Salary FAQs

How much does Formulated Polymers pay to its employees?

The average annual salary at Formulated Polymers varies depending on the role, experience, and location. The salary ranges for some popular designations at Formulated Polymers, are as follows:

Service Marketing Executive	₹1.8 Lakhs to ₹2.1 Lakhs per year
Senior Engineer	₹3 Lakhs to ₹7.7 Lakhs per year
Executive Accountant	₹2.4 Lakhs to ₹4 Lakhs per year
Quality Engineer	₹2 Lakhs to ₹3.2 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4.6 Lakhs to ₹7.5 Lakhs per year. The top 10% of employees earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹73.2 Lakhs per year. Salaries at Formulated Polymers 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 salary estimates are based on data from 109 salaries submitted by Formulated Polymers employees. Formulated Polymers is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.

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Formulated Polymers Salaries by Location

Average annual salary in Formulated Polymers is INR . Salary estimates are based on 100+ Formulated Polymers latest salaries received from various employees of Formulated Polymers.