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3.7

based on 1.2k Reviews

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IFB Research & Development Department Salaries in India

based on 257 latest salaries
Designation Avg Annual Salary Open Jobs
Fresher (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

1 year exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹7 L/yr

2 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

22 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

2 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

8 years exp. (AmbitionBox Estimate)
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₹8.9 L/yr - ₹11.4 L/yr

4 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

2 years exp. (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

1 year exp. (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

8 years exp. (AmbitionBox Estimate)
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₹7.8 L/yr - ₹9.9 L/yr

7 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

3 - 10 years exp. (36 salaries)
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₹5 L/yr - ₹13 L/yr

1 - 8 years exp. (16 salaries)
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₹3.5 L/yr - ₹8.5 L/yr

2 - 14 years exp. (11 salaries)
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₹7.5 L/yr - ₹15 L/yr

14 - 18 years exp. (5 salaries)
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₹22 L/yr - ₹26 L/yr

4 - 7 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹6 L/yr

Fresher (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

1 - 2 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

Last Updated: 21 Dec, 2024

Salary related reviews for IFB

3.4

Rated by 30 employees for salary & benefits

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.

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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.

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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.

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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.

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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

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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.

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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

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see more salary related reviews

IFB Salary FAQs

How much does IFB pay per year?
The average IFB salary ranges from approximately ₹0.1 Lakh to ₹1.6 Lakh per year for a Tele Caller and ₹20 Lakhs to ₹56 Lakhs per year for a Business Head. Salary estimates are based on 257 IFB salaries received from various employees of IFB. IFB employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in IFB?
The highest-paying job at IFB is a Business Head with a salary of ₹20 Lakhs to ₹56 Lakhs per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹39.60 lakhs per year.
What is the minimum salary in IFB?
Minimum salary at IFB depends on the role you are applying for. For Sales Executive the minimum salary is ₹1.1 Lakh to ₹4.5 Lakhs per year, and for Customer Service Associate the minimum salary is ₹1.7 Lakh to ₹4 Lakhs per year and so on.
What is the salary package for freshers in IFB?
The average salary at IFB for freshers varies from ₹0.7 Lakh to ₹2 Lakhs per year for Telecaller and ₹4 Lakhs to ₹6.8 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at IFB in Research & Development Department?
According to AmbitionBox, 40% of the IFB employees in Research & Development Department reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 151 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in Research & Development department at IFB is INRunlock blur . Salary estimates are based on 257 IFB latest salaries received from various employees of IFB.

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