Hero Motors Company Costing and Budgeting Manager Salaries by 2 Employees (Updated 2024)

14 - 18 years exp.

₹10.1 Lakhs - ₹12.9 Lakhs

Low Confidence

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Last Updated: 14 Nov 2023

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Costing and Budgeting Manager salary at Hero Motors Company ranges between ₹10.1 Lakhs to ₹12.9 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 2 latest salaries received from various employees of Hero Motors Company.

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Salary related reviews for Hero Motors Company

Manager M1 in Pune

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance is respected by the organisation. HR body is active and keeps objective clarity & confidentiality while handling any grievances.

Dislikes

Salary negotiations are too tight while hiring. Performance monitoring/appraisal mechanism is too weak & hence remains largely independent of the work delivery but roots largely into perceived image and relationships with the recommending authorities.

Assistant Manager in Ludhiana

Full Time

Project & Program Management Department

2.0

• posted on 29 Nov 2023

2.0

for Salary and Benefits

Likes

1.Management is approachable & supportive especially for new joining employees. 2. Highest Salary they offer to new joined employees who joined at their remote location plant.

Dislikes

1. Heavy Nepotism 2. No System Exist within the Company 3. Company is limited to only Cycle Business excluding Gear Business. 4. Employee Can be transferred into any department without any consent of Employees. 5.All of their JV are flop . 6. Company lacks in their Mission & Vision. Even though company not having any proper Vision. 7. Mostly reference employees are hired in New JV plant which makes the company environment toxic for non referenced employees.

Assistant Manager in Ludhiana

Full Time

Procurement & Supply Chain Department

5.0

• posted on 05 Oct 2023

4.0

for Salary and Benefits

Likes

Hero Motors best company for salary growth and skill. Because team leader Mr. Amit Gupta and Mr. Anil Rathi has good personality. He is trains the team from time to time and achieved the goals.

Dislikes

There is a lot of politics going on here. There are some people who have been doing the same work for many years. They do not allow the new ones to survive the job.

Senior Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 18 Jun 2023

3.0

for Salary and Benefits

Likes

Learning & deployment of learning is good, work life balance is also good. Nice place for women too. Management is helpful.

Dislikes

Salary & benefits can be improved, although it’s good but aspiration are always higher.

General Manager in Gurgaon / Gurugram

Full Time

Strategic & Top Management Department

1.0

• posted on 04 Mar 2023

1.0

for Salary and Benefits

Likes

- Hero brand name

Dislikes

...of promoters - Micromanagement by promoters highly prevalent across businesses - Salaries are mediocre and starting salary is all you get, increments are really poor - Group does not believe in sharing wealth with the high performers, so no culture of ESOPs - Very high employee churn with average tenure in group less than 12 months in Corporate Offices

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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?

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Hero Motors Company Costing and Budgeting Manager Salary FAQs

What is the notice period for Costing and Budgeting Manager at Hero Motors Company?

According to AmbitionBox, 100% of the Hero Motors Company Costing and Budgeting Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Hero Motors Company Costing and Budgeting Manager Salaries

Hero Motors Company Costing and Budgeting Manager salary in India ranges between ₹10.1 Lakhs to ₹12.9 Lakhs. This is an estimate based on latest salaries received from employees of Hero Motors Company.