Havells Manager M1 Salaries by 5 Employees (Updated 2024)

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

Interested in this particular role?

Last Updated: 5 Jul 2024

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 30% more
Crompton Greaves Consumer Electricals Manager M1 Salary 5 - 16 years exp. (5 salaries)	₹13 L/yr - ₹15 L/yr 21% more
Login to view exact salary
Polycab Wires Manager M1 Salary 6 - 16 years exp. (3 salaries)	₹8.5 L/yr - ₹12 L/yr 13% less
CG Power and Industrial Solutions Manager M1 Salary 17 - 23 years exp. (4 salaries)	₹13.2 L/yr - ₹18 L/yr 36% more
C&S Electric Manager M1 Salary 9 - 18 years exp. (3 salaries)	₹9.2 L/yr - ₹12 L/yr 8% 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 5 latest salaries received from various employees of Havells.

Experience wise Havells Manager M1 salaries

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹17.6 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
11 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.9 L/yr
13 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
14 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹14.5 L/yr

View all

Similar Designation salaries in Havells

Team Manager Salary

(16 salaries)

₹10.7 L/yr - ₹24 L/yr

Area Manager Salary

(34 salaries)

₹4.6 L/yr - ₹14.65 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Team Lead Salary

(19 salaries)

₹2.3 L/yr - ₹5 L/yr

Branch Manager Salary

(13 salaries)

₹12.5 L/yr - ₹45 L/yr

Deputy Manager Salary

(801 salaries)

₹6 L/yr - ₹18 L/yr

Program Manager Salary

(4 salaries)

₹15 L/yr - ₹24 L/yr

Project Manager Salary

(19 salaries)

₹10.25 L/yr - ₹23 L/yr

Service Manager Salary

(16 salaries)

₹8.5 L/yr - ₹16.2 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Salary related reviews for Havells

3.8

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.

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.

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

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.

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.

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.

Dislikes

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Havells?

Ask anonymously on communities.

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% more than the average Manager M1 Salary in India. Salary estimates are based on 5 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% more 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
Bajaj Electricals Manager M1 Salary - ₹11.0 Lakhs to ₹18.6 Lakhs per year
Crompton Greaves Consumer Electricals Manager M1 Salary - ₹13.0 Lakhs to ₹15.0 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 ₹83,556 per month to ₹85,739 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, 67% of the Havells Manager M1s reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Havells Manager M1 Salaries by Location

Home >
Salaries >
Havells Salaries >
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 5 Havells latest salaries received from various employees of Havells.