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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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Research & Development

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Godrej & Boyce Manufacturing Research & Development Department Salaries in Mumbai

based on 360 latest salaries
Designation Avg Annual Salary Open Jobs
3 - 10 years exp. · Mumbai (6 salaries)
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₹4 L/yr - ₹8.6 L/yr

11 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.2 L/yr - ₹21 L/yr

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

0 - 4 years exp. · Mumbai (10 salaries)
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₹1.2 L/yr - ₹3 L/yr

1 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

0 - 1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1 L/yr - ₹1.2 L/yr

2 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.8 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.7 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3.3 L/yr

Last Updated: 22 Dec, 2024

Salary related reviews for Godrej & Boyce Manufacturing

3.5

Rated by 35 employees for salary & benefits

Full Time

 · 

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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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.

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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.

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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

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

 · 

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

 · 

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 Salary FAQs

How much does Godrej & Boyce Manufacturing pay per year?
The average Godrej & Boyce Manufacturing salary ranges from approximately ₹0.1 Lakh to ₹0.2 Lakh per year for a Spray Painter and ₹77 Lakhs to ₹95 Lakhs per year for a Associate Vice President. Salary estimates are based on 360 Godrej & Boyce Manufacturing salaries received from various employees of Godrej & Boyce Manufacturing. Godrej & Boyce Manufacturing employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in Godrej & Boyce Manufacturing?
The highest-paying job at Godrej & Boyce Manufacturing is a Associate Vice President with a salary of ₹77 Lakhs to ₹95 Lakhs per year. The top 10% of employees earn more than ₹16 lakhs per year. The top 1% earn more than a whopping ₹37.92 lakhs per year.
What is the minimum salary in Godrej & Boyce Manufacturing?
Minimum salary at Godrej & Boyce Manufacturing depends on the role you are applying for. For Sales Executive the minimum salary is ₹1 Lakh to ₹5 Lakhs per year, and for Project Engineer the minimum salary is ₹1.8 Lakh to ₹9.5 Lakhs per year and so on.
What is the salary package for freshers in Godrej & Boyce Manufacturing?
The average salary at Godrej & Boyce Manufacturing for freshers varies from ₹1 Lakh to ₹2.6 Lakhs per year for Telecaller and ₹12 Lakhs to ₹18.2 Lakhs per year for Finance Manager.
What is the notice period at Godrej & Boyce Manufacturing in Research & Development Department in Mumbai?
According to AmbitionBox, 69% of the Godrej & Boyce Manufacturing employees in Research & Development Department in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 134 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Godrej & Boyce Manufacturing , Mumbai is INRunlock blur . Salary estimates are based on 360 Godrej & Boyce Manufacturing latest salaries received from various employees of Godrej & Boyce Manufacturing.

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