Hero MotoCorp Magneti Marelli AGM Salaries by 4 Employees

16 - 18 years exp.

₹36.5 Lakhs - ₹49 Lakhs

Salary of majority employees

77% more than the average AGM Salary for 16 - 18 years of experience

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Salaries in different departments

Research & Development AGM Salary 16 - 18 years exp. (AmbitionBox Estimate)	₹36.5 L/yr - ₹45 L/yr
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Sales & Business Development AGM Salary 16 years exp. (AmbitionBox Estimate)	₹44.1 L/yr - ₹53.9 L/yr

Last Updated: 30 Jan 2024

Companies similar to Hero MotoCorp Magneti Marelli for AGM

Company name	Avg Annual Salary	Open Jobs
TVS Motor AGM Salary 4 - 13 years exp. (6 salaries)	₹15.4 L/yr - ₹46 L/yr 14% less
Mahindra & Mahindra AGM Salary 9 - 28 years exp. (5 salaries)	₹15 L/yr - ₹34 L/yr 40% less
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Ashok Leyland AGM Salary 15 - 24 years exp. (6 salaries)	₹36 L/yr - ₹44 L/yr 8% less
Tata Motors AGM Salary 20 years exp. (3 salaries)	₹25 L/yr - ₹44 L/yr 29% less
Maruti Suzuki AGM Salary 13 - 21 years exp. (9 salaries)	₹39 L/yr - ₹58 L/yr 4% more
Piaggio AGM Salary 16 - 30 years exp. (4 salaries)	₹25 L/yr - ₹41 L/yr 24% less
HPCL-Mittal Energy Limited AGM Salary 17 - 29 years exp. (3 salaries)	₹50 L/yr - ₹75 L/yr 45% more

AGM salary at Hero MotoCorp Magneti Marelli ranges between ₹36.5 Lakhs to ₹49 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Hero MotoCorp Magneti Marelli.

Experience wise Hero MotoCorp Magneti Marelli AGM salaries

Last Updated: 30 Jan 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹36.5 L/yr - ₹49 L/yr
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Similar Designation salaries in Hero MotoCorp Magneti Marelli

Senior Engineer Salary

(27 salaries)

₹4.7 L/yr - ₹13.75 L/yr

Deputy Manager Salary

(7 salaries)

₹14 L/yr - ₹18.5 L/yr

Assistant General Manager Salary

(4 salaries)

₹25 L/yr - ₹49 L/yr

Executive Officer Salary

(3 salaries)

₹5.4 L/yr - ₹6.9 L/yr

Quality Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Chief Technology Officer Salary

(AmbitionBox Estimate)

₹77 L/yr - ₹85.1 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Applications Engineer Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Operations Associate Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Hero MotoCorp Magneti Marelli

Engineer in Gurgaon / Gurugram

Rnd Department

1.0

• posted on 14 Jun 2022

1.0

for Salary and Benefits

Likes

No likes

Dislikes

No hike Worst HR ever. He is good for nothing. All he tells is a lie and says it's written in policy. The policy of organisation is never shared with employees. No vision of organisation. No mindful people around. HR 0/100 Admin 0/100 Toilet cleanliness 0/10000000 Food in canteen 0/100 Worst company to work for

Salary - Bad

+6 more

Engineer in Manesar

Full Time

Research & Development Department

5.0

• posted on 09 Feb 2025

5.0

for Salary and Benefits

Likes

Supportive coworkers and seniors. Manageable work load Flexible working hours Satisfactory salary increment Job security is high New Learning available

Salary - Excellent

+6 more

Dislikes

Area of company is small. Less space available for lab and other cultural activities.

Supplier Quality Assurance Engineer in Manesar

Full Time

Other Department

5.0

• posted on 31 Oct 2024

2.0

for Salary and Benefits

Likes

The company culture is good

Skill development - Good

+3 more

Dislikes

The co-operation of some people is very bad there is no smoking zone like Japanese company the supervisors are not good for coordination they have the insulting mide for juniors

Salary - Poor

Production Engineer in Manesar

Full Time

Quality Assurance Department

1.0

• posted on 03 Mar 2023

1.0

for Salary and Benefits

Likes

5 Day working

Dislikes

HR Policy HR Head and Production Head loves flattering peoples. There is no appreciation for technical employees. Bad management behaviour Food quality is very poor HR policies are not fixed they change as per person casteism.

Salary - Bad

+6 more

Production Supervisor in Work In Company

Full Time

Quality Assurance Department

5.0

• posted on 17 Feb 2023

5.0

for Salary and Benefits

Likes

Nice infrastructure and Culture in HMC MM Auto Limited. Skills Development and Job Security. Work Satisfaction and Life Balancing.

Salary - Excellent

+6 more

Dislikes

3 years to present day work in this company. All rules and regulations are Best.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Hero MotoCorp Magneti Marelli AGM Salary FAQs

What is the salary of AGM at Hero MotoCorp Magneti Marelli ?

The average salary of a AGM at Hero MotoCorp Magneti Marelli in India typically ranges from ₹36.5 Lakhs to ₹49.0 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of AGM at Hero MotoCorp Magneti Marelli earn more than ₹49.0 Lakhs per year, and the top 1% earn over ₹49.0 Lakhs per year. AGM Salaries at Hero MotoCorp Magneti Marelli 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 Hero MotoCorp Magneti Marelli employees in India.

What is the estimated take home salary of a AGM at Hero MotoCorp Magneti Marelli in India?

The estimated take-home salary of a AGM at Hero MotoCorp Magneti Marelli in India typically ranges from ₹2,59,045 to ₹2,69,620 per month. This is based on the average salary range of ₹36.5 Lakhs to ₹49.0 Lakhs per year for employees with experience ranging from 16 years to 18 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 Hero MotoCorp Magneti Marelli. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero MotoCorp Magneti Marelli for AGM in India?

HPCL-Mittal Energy Limited	₹50.0 Lakhs to ₹75.0 Lakhs per year
Maruti Suzuki	₹39.0 Lakhs to ₹58.0 Lakhs per year

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

What is the salary of a AGM in companies similar to Hero MotoCorp Magneti Marelli in India?

The salary of a AGM at companies similar to Hero MotoCorp Magneti Marelli in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ashok Leyland	₹36.0 Lakhs to ₹44.0 Lakhs per year
TVS Motor	₹15.4 Lakhs to ₹46.0 Lakhs per year
Piaggio	₹25.0 Lakhs to ₹41.0 Lakhs per year
Tata Motors	₹25.0 Lakhs to ₹44.0 Lakhs per year
Mahindra & Mahindra	₹15.0 Lakhs to ₹34.0 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 AGM at Hero MotoCorp Magneti Marelli in India?

The salary growth for a AGM at Hero MotoCorp Magneti Marelli depends on factors such as experience, performance, and promotions. On average, a AGM can expect the following growth trajectory at Hero MotoCorp Magneti Marelli:

Experience	Average Salary Range
15 years	₹36.5 Lakhs to ₹49.0 Lakhs per year

and so on.

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Hero MotoCorp Magneti Marelli AGM Salaries

Hero MotoCorp Magneti Marelli AGM salary in India ranges between ₹36.5 Lakhs to ₹49 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hero MotoCorp Magneti Marelli latest salaries received from various employees of Hero MotoCorp Magneti Marelli.