Godrej & Boyce Manufacturing Assistant Manager - R&D Salaries by 10+ Employees

3 - 8 years exp.

₹5 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Assistant Manager - R&D Salary in Consumer Electronics & Appliances Companies for 3 - 8 years of experience

Interested in this particular role?

Last Updated: 7 Aug 2023

Companies similar to Godrej & Boyce Manufacturing for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
LG Electronics Assistant Manager - R&D Salary 5 - 9 years exp. (10 salaries)	₹9.5 L/yr - ₹14 L/yr 99% more
Voltas Assistant Manager - R&D Salary 1 - 10 years exp. (9 salaries)	₹4.9 L/yr - ₹14 L/yr 65% more
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Daikin Assistant Manager - R&D Salary 5 - 9 years exp. (3 salaries)	₹12.4 L/yr - ₹14 L/yr 106% more
Maruti Suzuki Assistant Manager - R&D Salary 1 - 4 years exp. (29 salaries)	₹7.5 L/yr - ₹14.4 L/yr 83% more
Medha Servo Drives Assistant Manager - R&D Salary 8 - 12 years exp. (29 salaries)	₹12 L/yr - ₹29 L/yr 243% more

Assistant Manager - R&D salary at Godrej & Boyce Manufacturing ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Godrej & Boyce Manufacturing.

Latest annual salaries shared by Godrej & Boyce Manufacturing Assistant Manager - R&D

1y ago

₹7.6 Lakhs

8 years exp.

1y ago

₹6.2 Lakhs

8 years exp.

1y ago

₹7 Lakhs

7 years exp.

1y ago

₹6 Lakhs

6 years exp.

1y ago

₹7 Lakhs

7 years exp.

1y ago

5 years exp.

1y ago

8 years exp.

1y ago

7 years exp.

1y ago

4 years exp.

1y ago

6 years exp.

Experience wise Godrej & Boyce Manufacturing Assistant Manager - R&D salaries

Last Updated: 7 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹10.1 L/yr
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5 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.8 L/yr
7 years (4 salaries)	₹6.1 L/yr - ₹8.1 L/yr
8 years (3 salaries)	₹6.2 L/yr - ₹10 L/yr

View all

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Salary related reviews for Godrej & Boyce Manufacturing

3.2

Rated by 3 employees for salary & benefits

Design & Development Engineer in Pune

REFERGATORE Department

4.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

the company is open to innovation and readily adopts the latest technology. i love the fact that I am a part of a team that markets reliability.

Salary - Good

+6 more

Dislikes

compensation is decent, but growth is slow. also, there is no on ob in training for freshers

Assistant Manager Design & Development in Vikhroli, Mumbai

Tooling Division, Press Tool Design Department

3.0

• posted on 01 May 2022

2.0

for Salary and Benefits

Likes

Company policies are good but some leaders behavior forces you to leave the company.

Skill development - Good

Dislikes

...ineers are made to work day night in company and the don't have personal life. The call even in evening and when ask for promotion or salary hike than ask what you did for promotion and one more thing company is running in loss so don't expect.

Salary - Poor

+1 more

Autocad Draughtsman in Sambalpur

Research & Development Department

5.0

• posted on 03 Feb 2021

3.0

for Salary and Benefits

Likes

...environment & culture. Godrej management is good. Company policies are too good. They give good salary hike and bonus every years on timely in the months. And good safaty management in godrej company.

Skill development - Good

+3 more

Dislikes

There is a lot of politics and the management very good. Company is doesn't increment in salary. On the job training is not given to new joinees.

Quality Project Engineer in Jaipur

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Feb 2025

4.0

for Salary and Benefits

Likes

... very supportive Seniors and management. Site work culture changes site to site. Although company has good pay scale, ontime salary, better variable pay system. Company will stand with you in your crisis.

Salary - Good

+4 more

Dislikes

Company need some improvement in implementation of culture at site. Site deviations must be addressed by superior at once. Otherwise company is very comfortable place to work.

Deputy Manager in Bhubaneswar

Full Time

Sales & Business Development Department

3.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

It's Brand Superlative Legacy Product range

Job security - Good

Dislikes

...height 2.Oiling for the bosses & even their family members ego satisfaction 3.No transparency during salary hike, promotion 4.Internal politics, making the colleagues frustrated by insulting. 5.Micromanaging at its height 6.Wrong people at HO, no idea at all about the market. Just worried about KRA. 7.Tactically forcing to work on holidays. 8. Apply techniques to prevent taking leave 5 days or a week vacation. 9. Full of devil's advocate

Company culture - Poor

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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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Godrej & Boyce Manufacturing Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Godrej & Boyce Manufacturing ?

The average salary of a Assistant Manager - R&D at Godrej & Boyce Manufacturing in India typically ranges from ₹5.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Assistant Manager - R&D at Godrej & Boyce Manufacturing earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Assistant Manager - R&D Salaries at Godrej & Boyce Manufacturing 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 10+ Godrej & Boyce Manufacturing employees in India.

What is the estimated take home salary of a Assistant Manager - R&D at Godrej & Boyce Manufacturing in India?

The estimated take-home salary of a Assistant Manager - R&D at Godrej & Boyce Manufacturing in India typically ranges from ₹48,255 to ₹49,397 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 10+ salaries received from various employees of Godrej & Boyce Manufacturing. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Godrej & Boyce Manufacturing for Assistant Manager - R&D in India?

Medha Servo Drives	₹12.0 Lakhs to ₹29.0 Lakhs per year
Daikin	₹12.4 Lakhs to ₹14.0 Lakhs per year
LG Electronics	₹9.5 Lakhs to ₹14.0 Lakhs per year
Maruti Suzuki	₹7.5 Lakhs to ₹14.4 Lakhs per year
Voltas	₹4.9 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Godrej & Boyce Manufacturing, depending on the role and experience level.

How the salary growth look like for a Assistant Manager - R&D at Godrej & Boyce Manufacturing in India?

The salary growth for a Assistant Manager - R&D at Godrej & Boyce Manufacturing depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at Godrej & Boyce Manufacturing:

Experience	Average Salary Range
3 years	₹5.0 Lakhs to ₹9.2 Lakhs per year
4 years	₹5.6 Lakhs to ₹10.1 Lakhs per year
5 years	₹6.0 Lakhs to ₹11.0 Lakhs per year
6 years	₹5.8 Lakhs to ₹11.8 Lakhs per year

and so on.

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Godrej & Boyce Manufacturing Assistant Manager - R&D Salaries

Godrej & Boyce Manufacturing Assistant Manager - R&D salary in India ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Godrej & Boyce Manufacturing latest salaries received from various employees of Godrej & Boyce Manufacturing.