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Godrej & Boyce Manufacturing

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3.9

based on 3k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Godrej & Boyce Manufacturing Associate salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹1.6 Lakh - ₹3 Lakhs
Salary of majority employees
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69% less than the average Associate Salary in Consumer Electronics & Appliances Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Associate Salary
2 - 6 years exp. (5 salaries)
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₹2.2 L/yr - ₹3 L/yr

Procurement & Supply Chain
Associate Salary
1 - 5 years exp. (4 salaries)
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₹1.6 L/yr - ₹2.2 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 6 years exp. (3 salaries)
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₹2.2 L/yr - ₹3 L/yr

Finance & Accounting
Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.8 L/yr

Last Updated: 1 Dec 2024

Companies similar to Godrej & Boyce Manufacturing for Associate in Mumbai

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Godrej & Boyce Manufacturing Associate Salary

1 - 6 years exp. (17 salaries)

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₹1.6 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Mahindra & Mahindra Associate Salary

0 - 8 years exp. (45 salaries)

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₹1.8 L/yr - ₹7.3 L/yr

arrow icon 23% more
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Larsen & Toubro Limited Associate Salary

0 - 6 years exp. (20 salaries)

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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 44% more
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Reliance Industries Associate Salary

0 - 8 years exp. (20 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 33% more
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (3k salaries)

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₹10 L/yr - ₹36 L/yr

arrow icon 800% more
51 job openings
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Morgan Stanley Associate Salary

0 - 12 years exp. (2k salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 381% more
10 job openings
Associate salary at Godrej & Boyce Manufacturing ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 17 latest salaries received from various employees of Godrej & Boyce Manufacturing.

Latest annual salaries shared by Godrej & Boyce Manufacturing Associate in Mumbai

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Experience wise Godrej & Boyce Manufacturing Associate salaries in Mumbai

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹1.6 L/yr - ₹2.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years  (4 salaries)

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₹1.7 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
5 years  (3 salaries)

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₹2.2 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Godrej & Boyce Manufacturing

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₹1.8 L/yr - ₹9.5 L/yr
Senior Engineer Salary
(20 salaries)
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₹3 L/yr - ₹7 L/yr
Team Lead Salary
(5 salaries)
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₹3.54 L/yr - ₹3.8 L/yr
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₹4.35 L/yr - ₹5.05 L/yr

Top skills at Godrej & Boyce Manufacturing for Associate

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Salary related reviews for Godrej & Boyce Manufacturing

2.3

Rated by 5 employees for salary & benefits

Production, Manufacturing & Engineering Department

3.0
  •  posted on 17 Apr 2022

1.0
 for  Salary and Benefits

Likes

One will get wide experience of working on various flexible projects which can enhance the experience and boost the practical knowledge that you'll get nowhere else.

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Dislikes

...ture was great untill few years, but post pandemic that company is trying to 1. Compensate losses by terminating existing employees and appointing temporary/contract employees with less salary. 2. Incremental % is very very low and growth seems stagnant which frustrates the employee to give off the company as soon as possible. 3. No job security as a fix term contact is made mandate with salary lower than expectations is elongated untill employees themselves leave the company. 4. Life-Work balance is quite difficult to maintain for temporary employees coming from far as the Shift timing are 6.40 to 3.10 (1st), 3.40 to 12.10 (2nd) and 12.40 to 6.10 (N) and only permanent employees are privileged with the company's quaters. 5. Still bunch of other pity things like management politics, permanent workers on doing the Jobs enthusiastically, low pace growth etc..

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Full Time

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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

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

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Full Time

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Research & Development Department

3.0
  •  posted on 18 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary, hike and bonus were good. Flexible working time. Little exposure to the warehouse operations. No layoff.

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Dislikes

No work from home option. More SOPs. No proper data storage of projects. Attrition rate is high. From the view of design and manufacturing, very few learning opportunities are available. Replacement of leaving employees takes more time. Work pressure is high.

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Full Time

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Administration & Facilities Department

3.0
  •  posted on 24 Oct 2023

1.0
 for  Salary and Benefits

Likes

Even if you are nincompoop the company will retain you. If you end up spending years hitting flies, surely you will reach the general manager position one day. In short there is stability and even non-performers get to climb the ladder if they stay for long. Company is extra sensitive to the environment so you will see dogs roaming around in campus and maybe later also rest on your office chair during the after hours. If you have good people around you the culture is the best, if you end up with toxic team mates be rest assured you'll have to fend for yourself as HR will be the last to come and rescue you from the bullying The company lacks a growth mindset and due to its conservative approaches if you align yourself by offering conservative penny wise solutions, you are here to stay for the long run

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Dislikes

...focus on performance and importance is still given to other irrelevant things. All deductions if any are done on your gross salary and all rebates are given on the base pay. Like if your leaves are about to lapse you are reimbursed on the base pay and in case you are one of the lucky few who exceed their leaves, the deduction is on gross salary. The base pay is kept fixed at 25% so all benefits such as gratuity, PF are calculated on this paltry sum. So you can imagine what you'll generate after years of service to this company. Close to 35-40k is deducted from your salary annually for your health insurance, which in turn makes you eligible for a double bed room only with poorest of benefits. Whats worse it is compulsory. There are no processes set, its still a people centric company, if someone leaves (due to lower than industry pay) it takes months to fill the vacancy with the new joinee being pushed completely into the dark and expected to set her/his own new processes. So there is often a vacuum with other team members filling in for a long period of time till a new hire comes. (If things are working out the HR at times also forgets there is a vacancy) Even for a general manager the daily travel reimbursement limit is so low that he/she still has to think twice before staying in a 5 star hotel, the company has no tie-ups with hotel chains plus travel limit is so low that you have to scout for pocket-friendly-not-so-good stay options. There is lack of transparency with incentives being given almost 8-9 months after the financial year is over, if you leave before rhe delayed appraisal you are not eligible for what is owed to you even if you have worked for the whole year and performed well, all your incentives are held back if you leave before the delayed appraisal. Though even appraisals on an average are 7-8% the only other way the HR tries to retain is by offering a higher designation which is only notional with a meagre raise. Sycophancy still exists and will help you grow here.

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Full Time

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Procurement & Supply Chain Department

3.0
  •  posted on 18 Jul 2024

3.0
 for  Salary and Benefits

Likes

The office culture is overall good. You can learn more and more day by day with a good work life balance.

Dislikes

...a higher position which could be achieved outside with that level of experience. Salary structure is okay with very less benefit for employees or with no other benefits.

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Godrej & Boyce Manufacturing Associate Salary FAQs

What is the salary of Associate at Godrej & Boyce Manufacturing Mumbai?
Associate salary at Godrej & Boyce Manufacturing in Mumbai ranges between ₹1.6 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 69% less than the average Associate Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Godrej & Boyce Manufacturing Mumbai.
How does the salary of a Associate at Godrej & Boyce Manufacturing Mumbai compare with the average salary range for this job?
The average salary of a Associate at Godrej & Boyce Manufacturing is 69% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at Godrej & Boyce Manufacturing?
VLOOKUP, Pivot Table, HLOOKUP, Dashboards and Data Analysis are some of the popular skills required to work as a Associate at Godrej & Boyce Manufacturing Mumbai.
Which similar companies are paying more than Godrej & Boyce Manufacturing to a Associate in Mumbai?
  • JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹36.0 Lakhs per year
  • Morgan Stanley Associate Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
  • Larsen & Toubro Limited Associate Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year
  • Reliance Industries Associate Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
  • Mahindra & Mahindra Associate Salary - ₹1.8 Lakhs to ₹7.3 Lakhs per year
What is the estimated take home salary of a Associate at Godrej & Boyce Manufacturing in Mumbai?
The estimated take-home salary of a Associate at Godrej & Boyce Manufacturing ranges between ₹16,864 per month to ₹18,574 per month in Mumbai. The take-home salary calculation is based on the average Godrej & Boyce Manufacturing Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate at Godrej & Boyce Manufacturing in Mumbai?
According to AmbitionBox, 70% of the Godrej & Boyce Manufacturing Associates in Mumbai reported a notice period of 15 days or less, 30% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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Godrej & Boyce Manufacturing Associate salary in Mumbai ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Godrej & Boyce Manufacturing latest salaries received from various employees of Godrej & Boyce Manufacturing.