IHBL Salaries by 80+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Driver 2 years exp. (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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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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Salary related reviews for IHBL

3.1

Rated by 28 employees for salary & benefits

Senior Engineer in Gujarat, Madhya Pradesh, Utar Pradesh

Full Time

Other Department

1.0

• posted on 17 Jun 2023

1.0

for Salary and Benefits

Likes

Maybe future prospects and stability if you are on low wage currently and non permanent jobs.

Dislikes

...als are send just to get rid of their incompetent nature of working from PSU . Worst salary and No negotiation: You will be treated as private employee when it comes to perks but as soon as you realise that you can negotiate in private sector stamp of JV will be stamped on your face saying you can't as it's a JV with fixed salary structure. Even compared to other JVs and Big private firms in this sector you will get lesser salary structure here with increament that will not ever beat the inflation rate. Means your salary will decrease with coming years. You can directly search the package offered in this JV. E: 7 lakh with 3 year's experience,SE: 9 with 5 years experience. DM: 11 with 7 years, M:15 with 10 years and SM:17 with 15 years of experience. Means if you are currently at engineer level and if you are getting fastest promotions in this organisation (remotely possible)it will take you 12 more years with a hike of 10 lakh in salary which will be less than inexperienced GET of PSU. Well they deserve atleast 15 years experienced salary after clearing GATE nowadays, forget the perks btw. Atleast for now you should only choose this company when you don't have a permanent job with a clear hike of more than 30%.Then you can use it as your launching pad if you find a job after getting hands-on experience of non technical work.

Computer Operator in Lalitpur

Contractual

Other Department

5.0

• posted on 21 Apr 2023

4.0

for Salary and Benefits

Likes

It is a great experience to work with IHBL. It gives many learning skill which should be helpful for my future.

Dislikes

IHBL gives less holidays as compare to other department and it don't give any paid leave for his employees.

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IHBL Salary FAQs

How much does IHBL pay per year?

The average IHBL salary ranges from approximately ₹6.3 Lakhs to ₹8.1 Lakhs per year for a Civil Engineer and ₹8.1 Lakhs to ₹10.4 Lakhs per year for a Senior Engineer. Salary estimates are based on 87 IHBL salaries received from various employees of IHBL. IHBL employees rate the overall salary and benefits package 3.1/5 stars.

What is the highest salary in IHBL?

The highest-paying job at IHBL is a Senior Engineer with a salary of ₹8.1 Lakhs to ₹10.4 Lakhs per year. The top 10% of employees earn more than ₹15 lakhs per year. The top 1% earn more than a whopping ₹52.23 lakhs per year.

What is the minimum salary in IHBL?

Minimum salary at IHBL depends on the role you are applying for. For Civil Engineer the minimum salary is ₹6.3 Lakhs to ₹8.1 Lakhs per year, and for Electrical Engineer the minimum salary is ₹6.3 Lakhs to ₹8.1 Lakhs per year and so on.

What is the notice period at IHBL?

According to AmbitionBox, 61% of the IHBL employees reported a notice period of 1 Month, 19% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 83 responses on AmbitionBox in last 2 years.