Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by IFB Team. If you also belong to the team, you can get access from here

IFB Verified Tick

Compare button icon Compare button icon Compare
3.7

based on 1.2k Reviews

filter salariesFilter salaries by

IFB Assistant Manager Product Development salaries in India

Annual salary range
13 - 15 years exp.
₹16.2 Lakhs - ₹18 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

121% more than the average Assistant Manager Product Development Salary in Consumer Electronics & Appliances Companies for 13 - 15 years of experience

Interested in this particular role?

Last Updated: 23 Apr 2024

Companies similar to IFB for Assistant Manager Product Development

Company name Avg Annual Salary Open Jobs
unlock blur

₹3.5 L/yr - ₹8.8 L/yr

arrow icon 68% less
unlock blur

₹5.2 L/yr - ₹8.5 L/yr

arrow icon 57% less
unlock blur

₹6.8 L/yr - ₹9.5 L/yr

arrow icon 51% less
unlock blur

₹5.8 L/yr - ₹9.5 L/yr

arrow icon 55% less
unlock blur

₹7 L/yr - ₹9.5 L/yr

arrow icon 54% less
Assistant Manager Product Development salary at IFB ranges between ₹16.2 Lakhs to ₹18 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of IFB.

Latest annual salaries shared by IFB Assistant Manager Product Development

7mo ago
avg blur mobile
15 years exp.
11mo ago
avg blur mobile
14 years exp.
1y ago
avg blur mobile
13 years exp.

Experience wise IFB Assistant Manager Product Development salaries

Last Updated: 23 Apr 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

unlock blur

₹16.2 L/yr - ₹16.2 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹18 L/yr - ₹18 L/yr
15+ years (AmbitionBox Estimate)

unlock blur

₹18 L/yr - ₹18 L/yr

Similar Designation salaries in IFB

Design Engineer Salary
(24 salaries)
unlock blur
₹2 L/yr - ₹6 L/yr
unlock blur
₹6.35 L/yr - ₹7.2 L/yr
unlock blur
₹2.4 L/yr - ₹5.05 L/yr
unlock blur
₹6 L/yr - ₹7.4 L/yr
unlock blur
₹1.2 L/yr - ₹2.5 L/yr
unlock blur
₹5.5 L/yr - ₹6.5 L/yr
unlock blur
₹4 L/yr - ₹7 L/yr
unlock blur
₹2.2 L/yr - ₹4.2 L/yr
R&D Engineer Salary
(5 salaries)
unlock blur
₹2.35 L/yr - ₹6.5 L/yr
unlock blur
₹5.4 L/yr - ₹7.8 L/yr

Salary related reviews for IFB

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 01 Oct 2024

4.0
 for  Salary and Benefits

Likes

1.On time salary. 2.Lots of things for learning.

read more

Dislikes

1. No week off. 2. No festival leave. 3. Job timing regularly 10 to 11 hrs without overtime pay. 4. Seniors treats with junior likes his servant. Bad working culture. 5. Too much hard work than expections.

read more

Research & Development Department

3.0
  •  posted on 27 Jul 2018

2.0
 for  Salary and Benefits

Likes

Work culture is pretty flexible. People are quite approachable. You can get to work upon the projects that you are interested in, so ultimately you would develop the profile that you desire. It is product based company, so you get to see physical products and get inspired from benchmark designs and studies. Being sole responsible for the project, you learn multi facets to the project and can grow from on job experience.

read more

Dislikes

...ly, its reverse and top management assigns you project according to you skill. 4)Salary is very low, when compared to market rates. 5) If you are passionate and want to grow more, this ISN'T company for you. 6) Meritocracy is never identified and rewarded. Set of fixed persons, who are known by manager or HOD gets better benefits. 7) Canteen food is very poor. Even after repeated complaints, the caterer wasn't changed. Opinion of the employees is not strongly considered. 8) HR people are sitting to put all type of constraints on you, but not to support you. 15 minutes late and half day salary is cut (Timings are fixed (8.5 hrs daily) and no work from home. Monday to Saturday work days) Don't listen to provide sufficient facilities. For new joinees, no assets come on time. You have to run to raise PO, procure components to finish your projects, as if you are going to get bonus for completing the project. (No Bonus is given, its from your CTC and given to you at year end. Pathetic HR Policies) 9) Very recently they have started giving increments once in two years. They never announced official of course. But, showing some losses they don't give increments every year. 10) There are no fixed set of regulations or procedures. Every one defines their own work style. System is highly person dependent. Notice period is sharp 3 months, non negotiable. So, searching for another job is pretty tough.

read more

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 18 Jul 2023

2.0
 for  Salary and Benefits

Likes

The only advantage I get is that once my CV get the name IFB will get a better jump and pay once I shift my job

read more

Dislikes

No work culture and work life balance. Management is very poor in considering our work effort

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 29 Feb 2024

4.0
 for  Salary and Benefits

Likes

Brand is good wasing machine No 1. Salary on time. Cleim on time.

Dislikes

Three months' notice period with no logic for targeting. Focus solely on primary work, not secondary. No marketing support, no POP boy. You have to leave this company after five years, but your gratuity has not been paid to you. This is solely because you did not serve the full three months' notice period. Additionally, the refrigerator started at full pressure without any logical reason.

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 12 Mar 2023

3.0
 for  Salary and Benefits

Likes

Sab kuch theek hai but salary jayada nahi hai kitna bhi achha kaam karlo koi promotion ya salary increment ka koi chance nahi hai

read more

Dislikes

I like this organisation but salary package not good and not promoted chance

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

IFB Assistant Manager Product Development Salary FAQs

What is the notice period for Assistant Manager Product Development at IFB?
According to AmbitionBox, 100% of the IFB Assistant Manager Product Developments reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IFB Assistant Manager Product Development salary in India ranges between ₹16.2 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 IFB latest salaries received from various employees of IFB.