Hager Electro Branch Manager Salaries by 6 Employees

10 - 22 years exp.

₹16.5 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

Branch Manager Salary at Hager Electro ranges between ₹16.5 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 6 latest salaries received from... Read more

107% more than the average Branch Manager Salary in Electrical Equipment Companies for 10 - 22 years of experience

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Last Updated: 22 Jul 2024

Companies similar to Hager Electro for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Legrand Branch Manager Salary 9 - 25 years exp. (20 salaries)	₹18 L/yr - ₹44 L/yr 66% more
ECE Industries Branch Manager Salary 16 - 26 years exp. (4 salaries)	₹17.4 L/yr - ₹32.5 L/yr 19% more
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Mettler-Toledo Branch Manager Salary 13 - 16 years exp. (3 salaries)	₹13.1 L/yr - ₹17 L/yr 22% less

ICICI Bank Branch Manager Salary 4 - 22 years exp. (2.3k salaries)	₹6 L/yr - ₹21.8 L/yr 30% less
HDFC Bank Branch Manager Salary 6 - 23 years exp. (1.7k salaries)	₹10.2 L/yr - ₹22 L/yr 20% less	6 job openings

Hager Electro Branch Manager salaries by

Years of experience	Avg. annual salary
10 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
11 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹21.9 L/yr
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12 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
13 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.2 L/yr
14 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
15+ years (5 salaries)	₹19 L/yr - ₹25 L/yr

View all salaries by experience

Similar Designation Salaries at Hager Electro

Similar Designation	Avg. annual salary
Area Manager Salary (7 salaries)	₹7.4 L/yr - ₹20 L/yr
Sales Manager Salary (5 salaries)	₹9.6 L/yr - ₹24.5 L/yr
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Branch Head Salary (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
Deputy Manager Salary (7 salaries)	₹13 L/yr - ₹18 L/yr
Branch Sales Manager Salary (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
Area Sales Manager Salary (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
Territory Manager Salary (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
Assistant Branch Manager Salary (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
Accountant Salary (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View more similar designations

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Salary Discussions, Hike & Promotions

an executive

The day I found out my colleague earns 30% more for the same role

It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?

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Salary related reviews for Hager Electro

3.0

Rated by 7 employees for salary & benefits

Branch Manager in Pune

Sales Department

5.0

• updated on 24 May 2022

3.0

for Salary and Benefits

Likes

1. Great company with extremely robust products. 2. Performance oriented company culture. Performers are rewarded. 3. As the company is currently small compared to its competitors, provides lot of learning opportunities not only in the area one is working but also in various other areas. 4. Good employee and customer engagement.

Skill development - Excellent

+5 more

Dislikes

1. Salary can be better.

Assistant Manager in Mumbai

Sales & Marketing Department

4.0

• updated on 23 Jul 2020

3.0

for Salary and Benefits

Likes

Good work environment and culture. they pay good salary and appraisal are fair. company policies is good.

Company culture - Good

Dislikes

There is lot of politics and management doesn't address our issues. salary is decent but career growth is slow.

Assistant Manager in Kolkata

Sales & Business Development Department

1.0

• updated on 08 Jan 2020

5.0

for Salary and Benefits

Likes

Hager is MNC company . Salary structure very good. HR very supportive for all employees.

Salary - Excellent

Dislikes

Hager Electro Pvt. Ltd. Is employee dominating mentality company.Job security is very poor. Every time to give warning. They are not familiar with their employees. Product basket limited. Work environment is very bad. The work pressure is very high. There is no any opportunities for on job training. Regional Manager of east region behaviour is very dangerous.

Skill development - Poor

+4 more

Sales in Pune

Sales Department

5.0

• updated on 19 Mar 2019

3.0

for Salary and Benefits

Likes

People, Management and products with job satisfaction. With Excellent offerings in electrical market and acceptance of the brand. Everything which you like to have in any MNC

Skill development - Excellent

+5 more

Dislikes

Only Compensation is an issue. But if negotiated a best deal then nothing better than this company.

Assistant Manager (working remotely)

Full Time

Sales & Business Development Department

1.0

• updated on 11 Oct 2024

1.0

for Salary and Benefits

Likes

if negative rating i will rate that.

Dislikes

Even distributors doing higher business than Hager in India. MD keeps shouting . toxic culture. no marketing plan. only sales team asked to sell sell and sell without any support.

Salary - Bad

+6 more

see more salary related reviews

Hager Electro Branch Manager Salary FAQs

What is the salary of Branch Manager at Hager Electro ?

The average salary of a Branch Manager at Hager Electro in India typically ranges from ₹16.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 22 years).

The top 10% of Branch Manager at Hager Electro earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Branch Manager Salaries at Hager Electro 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 6 Hager Electro employees in India.

What is the estimated take home salary of a Branch Manager at Hager Electro in India?

The estimated take-home salary of a Branch Manager at Hager Electro in India typically ranges from ₹1,29,458 to ₹1,33,973 per month. This is based on the average salary range of ₹16.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 years to 22 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 6 salaries received from various employees of Hager Electro. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hager Electro for Branch Manager in India?

Legrand	₹18.0 Lakhs to ₹44.0 Lakhs per year
ECE Industries	₹17.4 Lakhs to ₹32.5 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to Hager Electro in India?

The salary of a Branch Manager at companies similar to Hager Electro in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹10.2 Lakhs to ₹22.0 Lakhs per year
Mettler-Toledo	₹13.1 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹21.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Branch Manager at Hager Electro in India?

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

Experience	Average Salary Range
10 years	₹17.1 Lakhs to ₹21.8 Lakhs per year
11 years	₹17.2 Lakhs to ₹21.9 Lakhs per year
12 years	₹17.3 Lakhs to ₹22.1 Lakhs per year
13 years	₹17.3 Lakhs to ₹22.2 Lakhs per year

and so on.

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Hager Electro Branch Manager Salaries

Hager Electro Branch Manager salary in India ranges between ₹16.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hager Electro latest salaries received from various employees of Hager Electro.