Foseco Manager Application Engineering Salaries by 3 Employees

7 - 13 years exp.

₹7.7 Lakhs - ₹15.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

38% less than the average Manager Application Engineering Salary in Chemicals Companies for 7 - 13 years of experience

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Last Updated: 30 Aug 2023

Companies similar to Foseco for Manager Application Engineering

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Manager Application Engineering Salary 11 - 15 years exp. (8 salaries)	₹14.1 L/yr - ₹23.5 L/yr 60% more
SKF Manager Application Engineering Salary 13 - 18 years exp. (8 salaries)	₹20 L/yr - ₹30.1 L/yr 99% more
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Saint-Gobain Abrasives Manager Application Engineering Salary 6 - 10 years exp. (6 salaries)	₹12.6 L/yr - ₹18 L/yr 29% more
Schneider Electric Manager Application Engineering Salary 0 - 21 years exp. (5 salaries)	₹13.8 L/yr - ₹20 L/yr 29% more	1 job opening
Tata Motors Manager Application Engineering Salary 14 - 16 years exp. (4 salaries)	₹10 L/yr - ₹12.5 L/yr 4% less

Manager Application Engineering salary at Foseco ranges between ₹7.7 Lakhs to ₹15.2 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Foseco.

Experience wise Foseco Manager Application Engineering salaries

Last Updated: 30 Aug 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
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13 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr

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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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Foseco Manager Application Engineering Salary FAQs

How the salary growth look like for a Manager Application Engineering at Foseco in India?

The salary growth for a Manager Application Engineering at Foseco depends on factors such as experience, performance, and promotions. On average, a Manager Application Engineering can expect the following growth trajectory at Foseco:

Experience	Average Salary Range
7 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
12 years	₹12.3 Lakhs to ₹15.8 Lakhs per year
13 years	₹13.7 Lakhs to ₹17.5 Lakhs per year

and so on.

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Foseco Manager Application Engineering Salaries

Foseco Manager Application Engineering salary in India ranges between ₹7.7 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Foseco latest salaries received from various employees of Foseco.