Hero Motors Company Institutional Sales Manager Salaries by 4 Employees (Updated 2024)

1 - 12 years exp.

₹13.1 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

19% more than the average Institutional Sales Manager Salary in Automobile Companies for 1 - 12 years of experience

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Salaries in different departments

Data Science & Analytics Institutional Sales Manager Salary 10 - 12 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr
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Sales & Business Development Institutional Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹14.4 L/yr

Last Updated: 9 Oct 2024

Companies similar to Hero Motors Company for Institutional Sales Manager

Company name	Avg Annual Salary	Open Jobs
TVS Motor Institutional Sales Manager Salary 9 - 23 years exp. (11 salaries)	₹16 L/yr - ₹20.5 L/yr 23% more
Mahindra & Mahindra Institutional Sales Manager Salary 8 - 20 years exp. (5 salaries)	₹13 L/yr - ₹15 L/yr 12% less
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Tata Motors Institutional Sales Manager Salary 6 - 9 years exp. (4 salaries)	₹11.9 L/yr - ₹15.8 L/yr 11% less
Maruti Suzuki Institutional Sales Manager Salary 1 - 13 years exp. (36 salaries)	₹15.3 L/yr - ₹37 L/yr 35% more	1 job opening
Hero MotoCorp Institutional Sales Manager Salary 0 - 20 years exp. (5 salaries)	₹11.5 L/yr - ₹21.4 L/yr 1% less
Hyundai Motor India Limited Institutional Sales Manager Salary 9 - 19 years exp. (12 salaries)	₹16 L/yr - ₹27 L/yr 40% more
VE Commercial Vehicles Institutional Sales Manager Salary 7 - 21 years exp. (7 salaries)	₹7.2 L/yr - ₹27 L/yr 14% more
Nexa Institutional Sales Manager Salary 1 - 17 years exp. (3 salaries)	₹1.1 L/yr - ₹1.7 L/yr 91% less

Institutional Sales Manager salary at Hero Motors Company ranges between ₹13.1 Lakhs to ₹20 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Hero Motors Company.

Experience wise Hero Motors Company Institutional Sales Manager salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
10 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

Similar Designation salaries in Hero Motors Company

Assistant Sales Manager Salary

(4 salaries)

₹1.4 L/yr - ₹3 L/yr

Territory Sales Manager Salary

(31 salaries)

₹6.5 L/yr - ₹14.2 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Area Sales Manager Salary

(24 salaries)

₹7 L/yr - ₹10.01 L/yr

Regional Manager Salary

(3 salaries)

₹42 L/yr - ₹53 L/yr

Sales Manager Salary

(49 salaries)

₹1.05 L/yr - ₹7.52 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Store Manager Salary

(6 salaries)

₹1.8 L/yr - ₹3.8 L/yr

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

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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 Institutional Sales Manager Salary FAQs

What is the salary of Institutional Sales Manager at Hero Motors Company?

Institutional Sales Manager salary at Hero Motors Company in India ranges between ₹13.1 Lakhs to ₹20.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 19% more than the average Institutional Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Hero Motors Company India.

How does the salary of a Institutional Sales Manager at Hero Motors Company India compare with the average salary range for this job?

The average salary of a Institutional Sales Manager at Hero Motors Company is 19% more than the average salary of a Institutional Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Hero Motors Company to a Institutional Sales Manager in India?

Hyundai Motor India Limited Institutional Sales Manager Salary - ₹16.0 Lakhs to ₹27.0 Lakhs per year
Maruti Suzuki Institutional Sales Manager Salary - ₹15.3 Lakhs to ₹37.0 Lakhs per year
TVS Motor Institutional Sales Manager Salary - ₹16.0 Lakhs to ₹20.5 Lakhs per year
VE Commercial Vehicles Institutional Sales Manager Salary - ₹7.2 Lakhs to ₹27.0 Lakhs per year

What is the salary of a Institutional Sales Manager in companies similar to Hero Motors Company in India?

Hero MotoCorp Institutional Sales Manager Salary - ₹11.5 Lakhs to ₹21.4 Lakhs per year
Tata Motors Institutional Sales Manager Salary - ₹11.9 Lakhs to ₹15.8 Lakhs per year
Mahindra & Mahindra Institutional Sales Manager Salary - ₹13.0 Lakhs to ₹15.0 Lakhs per year
Nexa Institutional Sales Manager Salary - ₹1.1 Lakhs to ₹1.7 Lakhs per year

What is the estimated take home salary of a Institutional Sales Manager at Hero Motors Company in India?

The estimated take-home salary of a Institutional Sales Manager at Hero Motors Company ranges between ₹1,06,636 per month to ₹1,09,572 per month in India. The take-home salary calculation is based on the average Hero Motors Company Institutional Sales Manager salary in India which ranges between ₹13.1 Lakhs to ₹20.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Institutional Sales Manager at Hero Motors Company?

According to AmbitionBox, 50% of the Hero Motors Company Institutional Sales Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Hero Motors Company Institutional Sales Manager Salaries

Hero Motors Company Institutional Sales Manager salary in India ranges between ₹13.1 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hero Motors Company latest salaries received from various employees of Hero Motors Company.