Havells Manager M1 Salaries by 6 Employees (Updated 2025)

8 - 14 years exp.

₹9 Lakhs - ₹14.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Manager M1 Salary in Electrical Equipment Companies for 8 - 14 years of experience

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Last Updated: 10 Feb 2025

Companies similar to Havells for Manager M1

Company name	Avg Annual Salary	Open Jobs
Bajaj Electricals Manager M1 Salary 10 - 18 years exp. (4 salaries)	₹11 L/yr - ₹18.6 L/yr 34% more
Crompton Greaves Consumer Electricals Manager M1 Salary 2 - 16 years exp. (6 salaries)	₹13 L/yr - ₹20 L/yr 35% more
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Polycab Wires Manager M1 Salary 6 - 16 years exp. (3 salaries)	₹8.5 L/yr - ₹12 L/yr 11% less
CG Power and Industrial Solutions Manager M1 Salary 17 - 23 years exp. (4 salaries)	₹13.2 L/yr - ₹18 L/yr 40% more
C&S Electric Manager M1 Salary 9 - 18 years exp. (3 salaries)	₹9.2 L/yr - ₹12 L/yr 6% less

Manager M1 salary at Havells ranges between ₹9 Lakhs to ₹14.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Havells.

Experience wise Havells Manager M1 salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹16.4 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹17.8 L/yr
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10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹21.8 L/yr
13 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹14.5 L/yr

View all

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Salary related reviews for Havells

3.7

Rated by 4 employees for salary & benefits

Deputy Manager in Noida

Full Time

Procurement & Supply Chain Department

3.0

• posted on 10 Oct 2024

2.0

for Salary and Benefits

Likes

The company policies like Care leave policy, the food and inter department culture is very nice.

Company culture - Good

Dislikes

The salary structure and the compensation process is very complex which does not help the employee like the Variable pay system in case if the employee is leaving the organisation in mid year then he or she is not eligible for the variable pay on pro data basis.

Salary - Poor

+2 more

Deputy Manager in Noida

Full Time

Administration & Facilities Department

1.0

• posted on 18 Sep 2023

1.0

for Salary and Benefits

Likes

Salary on time Increment on time Encashment of leave on end of every financial year

Dislikes

Commercial oriented Culture wise not good No L & D, No Engagement No balance life No tax saver components So many deductions Laptop security amount deduction Even after leaving the organization the deduct the premiums from FnF So much attrition On paper 5 days working but working on all 7 days 24*7

Salary - Bad

+4 more

Deputy Manager in New Delhi

Full Time

Human Resources Department

4.0

• posted on 14 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly and collaborative senior leadership. Willing to give space and time for growth and career development. Always open to suggestions and able to make me feel equal irrespective of huge hierarchy difference. Wonderful and heart filling lunch at main corporate office.

Skill development - Good

+3 more

Dislikes

Wlb, employee benefits and inflated compensation. The amount to actual take home, there is a huge difference and nobody wants to change that. Organization is not willing to spend a penny on employee training and development and lacks severe R&R for employees from support functions.

Deputy Manager in Noida

Full Time

Merchandising, Retail & eCommerce Department

5.0

• posted on 09 May 2023

4.0

for Salary and Benefits

Likes

The company focuses on work life balance. the culture is really good. People work here as a part of the family. The owners are very humble and kind.

Salary - Good

+6 more

Dislikes

... to grow in the career is slow. It takes many years for someone to get promoted. salary hikes are only descent not very high. This pinched me a lot because Its a cash rich organization.

Deputy Manager in Siliguri

Sales & Marketing Manager Department

5.0

• posted on 24 Mar 2021

3.0

for Salary and Benefits

Likes

* Job security is high. * Seniors & colleagues are cooperative. * Company policy is very transparent. * Work culture is very good. * Work life balance is high. * Brand value is excellent.

Job security - Excellent

+2 more

Dislikes

Not much dislikes about Havells. Only Compensation & benefits are below market standards.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Havells Manager M1 Salary FAQs

What is the salary of Manager M1 at Havells?

Manager M1 salary at Havells in India ranges between ₹9.0 Lakhs to ₹14.5 Lakhs for experience between 8 years to 14 years. According to our estimates it is 1% less than the average Manager M1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Havells India.

How does the salary of a Manager M1 at Havells India compare with the average salary range for this job?

The average salary of a Manager M1 at Havells is 1% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Havells to a Manager M1 in India?

CG Power and Industrial Solutions Manager M1 Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
Crompton Greaves Consumer Electricals Manager M1 Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
Bajaj Electricals Manager M1 Salary - ₹11.0 Lakhs to ₹18.6 Lakhs per year

What is the salary of a Manager M1 in companies similar to Havells in India?

C&S Electric Manager M1 Salary - ₹9.2 Lakhs to ₹12.0 Lakhs per year
Polycab Wires Manager M1 Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at Havells in India?

The estimated take-home salary of a Manager M1 at Havells ranges between ₹81,145 per month to ₹83,259 per month in India. The take-home salary calculation is based on the average Havells Manager M1 salary in India which ranges between ₹9.0 Lakhs to ₹14.5 Lakhs per year for employees with experience between 8 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Havells?

According to AmbitionBox, 75% of the Havells Manager M1s reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Havells Manager M1 Salaries

Havells Manager M1 salary in India ranges between ₹9 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Havells latest salaries received from various employees of Havells.