Happy Forging Manager Salaries by 4 Employees

12 - 17 years exp.

₹9.6 Lakhs - ₹10.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

40% less than the average Manager Salary in Auto Components Companies for 12 - 17 years of experience

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Salaries in different departments

Quality Assurance Manager Salary 12 - 17 years exp. (3 salaries)	₹9.6 L/yr - ₹10.2 L/yr
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Research & Development Manager Salary 14 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 12 Dec 2024

Companies similar to Happy Forging for Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Manager Salary 10 - 25 years exp. (135 salaries)	₹7.3 L/yr - ₹22 L/yr 48% more
JBM Group Manager Salary 13 - 18 years exp. (109 salaries)	₹7.2 L/yr - ₹27 L/yr 60% more
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Rico Auto Industries Manager Salary 10 - 23 years exp. (99 salaries)	₹6.8 L/yr - ₹14.8 L/yr 7% more
Spark Minda Manager Salary 7 - 21 years exp. (92 salaries)	₹11 L/yr - ₹26.7 L/yr 77% more
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Lumax Industries Manager Salary 11 - 19 years exp. (73 salaries)	₹9 L/yr - ₹20 L/yr 54% more
NBC Bearings Manager Salary 1 - 8 years exp. (72 salaries)	₹3.6 L/yr - ₹12 L/yr 23% less
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Endurance Technologies Manager Salary 12 - 25 years exp. (61 salaries)	₹8.5 L/yr - ₹22.5 L/yr 54% more
Subros Manager Salary 10 - 23 years exp. (56 salaries)	₹10.4 L/yr - ₹19.1 L/yr 58% more
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Tata AutoComp Systems Manager Salary 8 - 19 years exp. (55 salaries)	₹8.1 L/yr - ₹22 L/yr 77% more
Shriram Pistons & Rings Manager Salary 14 - 29 years exp. (52 salaries)	₹19.5 L/yr - ₹34 L/yr 193% more
Wheels Manager Salary 12 - 25 years exp. (43 salaries)	₹11.5 L/yr - ₹17.5 L/yr 52% more
TVS Sundram Fasteners Manager Salary 12 - 25 years exp. (43 salaries)	₹8.5 L/yr - ₹25.5 L/yr 89% more
Imperial Auto Industries Manager Salary 9 - 16 years exp. (43 salaries)	₹7.2 L/yr - ₹15 L/yr 9% more
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Sundaram Clayton Manager Salary 13 - 22 years exp. (32 salaries)	₹14 L/yr - ₹23 L/yr 85% more
JTEKT Manager Salary 14 - 22 years exp. (32 salaries)	₹11 L/yr - ₹20.8 L/yr 57% more
SKF Manager Salary 4 - 20 years exp. (32 salaries)	₹10.5 L/yr - ₹32 L/yr 110% more

View all

Manager salary at Happy Forging ranges between ₹9.6 Lakhs to ₹10.2 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Happy Forging.

Experience wise Happy Forging Manager salaries

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.6 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr

Similar Designation salaries in Happy Forging

Deputy Manager Salary

(10 salaries)

₹5.4 L/yr - ₹9 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹28.8 L/yr - ₹36.8 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Salary related reviews for Happy Forging

HMC And VMC Operator in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Jul 2024

4.0

for Salary and Benefits

Likes

Happy forging, we like to work in cold weather and we get salary and advance time. The medical facility here is also amazing. Medical check and camp is also organized from time to time and material quality check is excellent.

Salary - Good

+6 more

Dislikes

Bathroom

Assistant Engineer in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 23 Oct 2023

1.0

for Salary and Benefits

Likes

Here things to learn is much more. You can see every type of machines and manufacturers of machines.

Skill development - Good

+1 more

Dislikes

The salary package for freshers is very poor and they give random salary not using a particular pay scale. The plant maintaining is also poor and the management doesn't provide good saying facilities.Here you have to make efforts to learn things related to your field. No one is going to tell anything more than their requirements.

Salary - Bad

+3 more

Senior Engineer in Ludhiana

Full Time

Quality Assurance Department

3.0

• posted on 04 Jun 2023

1.0

for Salary and Benefits

Likes

Company Culture and Job Security only

Job security - Good

Dislikes

Pramotion and appraisal, No Skill development, No Salary hike as per Skill and Knowledge, everyone appraised by 8~10% even you are Hard working more at the end of the year you and your Junior who is doing nothing will get the same appraisal, No work life balance, No Holiday, Noone support you to develop your skill because everyone have job fear here, High temperature working environment,No canteen facilities, No leave or earned leave policy, Everyone just thing about itself only

Salary - Bad

+4 more

Senior Production Engineer in Happy Forgings Limited, Jugiana, Kanganwal Road Ludhiana Punjab 1411010

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 18 Feb 2023

4.0

for Salary and Benefits

Likes

Good salary package with O.T system. Good culture of company activities. Corporative staff

Salary - Good

+5 more

Dislikes

Promotion period not confirmed Salary growth is at low level Not holidays are there in even festivals also

Senior Manager in Ludhiana

Full Time

Other Department

4.0

• posted on 30 Nov 2023

3.0

for Salary and Benefits

Likes

Come company for work , do your work and go to home . Here have no any leg pulling .

Work-life balance - Good

Dislikes

Here have no proper canteen , leave policy is not good .here have no appropriate criteria for Appraisal/ promotion .

Skill development - 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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Happy Forging Manager Salary FAQs

What is the salary of Manager at Happy Forging ?

The average salary of a Manager at Happy Forging in India typically ranges from ₹9.6 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Manager at Happy Forging earn more than ₹10.2 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Manager Salaries at Happy Forging 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 4 Happy Forging employees in India.

What is the estimated take home salary of a Manager at Happy Forging in India?

The estimated take-home salary of a Manager at Happy Forging in India typically ranges from ₹70,606 to ₹72,423 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 12 years to 17 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 4 salaries received from various employees of Happy Forging. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Happy Forging for Manager in India?

Magna International	₹14.0 Lakhs to ₹41.0 Lakhs per year
Shriram Pistons & Rings	₹19.5 Lakhs to ₹34.0 Lakhs per year
Lear Corporation	₹15.7 Lakhs to ₹31.0 Lakhs per year
DENSO	₹17.0 Lakhs to ₹28.0 Lakhs per year
Sona Comstar	₹14.7 Lakhs to ₹32.0 Lakhs per year

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

What is the salary of a Manager in companies similar to Happy Forging in India?

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

SKF	₹10.5 Lakhs to ₹32.0 Lakhs per year
TVS Sundram Fasteners	₹8.5 Lakhs to ₹25.5 Lakhs per year
Sundaram Clayton	₹14.0 Lakhs to ₹23.0 Lakhs per year
Tata AutoComp Systems	₹8.1 Lakhs to ₹22.0 Lakhs per year
Spark Minda	₹11.0 Lakhs to ₹26.7 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 Manager at Happy Forging in India?

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

Experience	Average Salary Range
12 years	₹9.0 Lakhs to ₹11.6 Lakhs per year
13 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
14 years	₹8.8 Lakhs to ₹11.3 Lakhs per year
15 years	₹8.6 Lakhs to ₹11.0 Lakhs per year

and so on.

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Happy Forging Manager Salaries

Happy Forging Manager salary in India ranges between ₹9.6 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Happy Forging latest salaries received from various employees of Happy Forging.