IIT Bombay Project Research Associate Salaries by 30+ Employees

0 - 6 years exp.

₹4 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

28% more than the average Project Research Associate Salary in Education & Training Companies for 0 - 6 years of experience

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Salaries in different departments

Research & Development Project Research Associate Salary 0 - 6 years exp. (20 salaries)	₹4 L/yr - ₹7.2 L/yr
Engineering - Software & QA Project Research Associate Salary 0 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹7.5 L/yr
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Data Science & Analytics Project Research Associate Salary 0 - 4 years exp. (3 salaries)	₹5.4 L/yr - ₹7.7 L/yr

Last Updated: 30 Oct 2024

Companies similar to IIT Bombay for Project Research Associate

Company name	Avg Annual Salary	Open Jobs
Indian Institute of Technology Madras Project Research Associate Salary 1 - 3 years exp. (3 salaries)	₹4.2 L/yr - ₹15 L/yr 35% more
Indian Institute of Technology Gandhinagar Project Research Associate Salary 1 - 5 years exp. (5 salaries)	₹5.4 L/yr - ₹6 L/yr At par
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Centre for Innovations in Public Systems Project Research Associate Salary 2 - 10 years exp. (4 salaries)	₹3.2 L/yr - ₹5.1 L/yr 33% less
National Environmental Engineering Research Institute Project Research Associate Salary 2 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 42% less
Indian Council of Medical Research Project Research Associate Salary 1 - 3 years exp. (3 salaries)	₹3.3 L/yr - ₹4.3 L/yr 36% less

Project Research Associate salary at IIT Bombay ranges between ₹4 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 38 latest salaries received from various employees of IIT Bombay.

Latest annual salaries shared by IIT Bombay Project Research Associate

2mo ago

₹7.8 Lakhs

3 years exp.

4mo ago

₹6 Lakhs

3 years exp.

6mo ago

₹7.7 Lakhs

3 years exp.

7mo ago

₹6 Lakhs

2 years exp.

7mo ago

₹5.5 Lakhs

4 years exp.

9mo ago

3 years exp.

11mo ago

6 years exp.

1y ago

5 months exp.

1y ago

2 years exp.

1y ago

3 years exp.

Experience wise IIT Bombay Project Research Associate salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹5 L/yr - ₹6 L/yr
1 year (6 salaries)	₹4.1 L/yr - ₹7.8 L/yr
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2 years (9 salaries)	₹4 L/yr - ₹7.8 L/yr
3 years (6 salaries)	₹4.5 L/yr - ₹7.8 L/yr
4 years (5 salaries)	₹4.8 L/yr - ₹6.6 L/yr
5 years (3 salaries)	₹4.8 L/yr - ₹10.4 L/yr
6 years (3 salaries)	₹5.2 L/yr - ₹7.2 L/yr

View all

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Salary related reviews for IIT Bombay

4.0

Rated by 4 employees for salary & benefits

Research Associate in Mumbai

Full Time

Research & Development Department

4.0

• posted on 12 Dec 2023

3.0

for Salary and Benefits

Likes

Realising our potential. Knowing our endurance here. Lots of tools and equipment available to explore

Skill development - Excellent

+2 more

Dislikes

Work life balance is little difficult. Salary benefits are difficult to manage with food and accomodation. Inside campus mess itself costlier.

Promotions - Bad

Assistant Professor in Mumbai

Physics Department

4.0

• posted on 04 May 2021

3.0

for Salary and Benefits

Likes

Good research environment and ability to work with the brightest minds in India. Good benefits and work life balance.

Skill development - Excellent

+5 more

Dislikes

Salary if significantly low for the requisite skill and talent set, especially compared to similar positions abroad.

Project Research Engineer in Mumbai

Full Time

Aviation & Aerospace Department

5.0

• posted on 31 Jan 2025

4.0

for Salary and Benefits

Likes

Work-life balance at IIT is one of the key highlights along with vast number of opportunities for collaborations with researchers are helpful for skill development.

Salary - Good

+4 more

Dislikes

Pay scales are fixed, frequency of hikes and hike percentage are low and slow

Senior Technical Assistant in Mumbai

Consulting Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

Salary is decent but career growth is slow. On the job training is not given to new joinees.

Sr. TECH ASST. IT in Mumbai

Other Department

4.0

• posted on 07 Aug 2020

3.0

for Salary and Benefits

Likes

Project staff and temporary employees shuld pf account and get other allowences .pls colse the consolidated salary .I support the management and follow the rules of government covid 19 and I seggest to that organization working from home ,create the crm system for online work and quick response almost we can know how much time will be compltion .for students my opinion start take lutures by on-line.

Skill development - Good

+4 more

Dislikes

...ect employees and contracts basis employees at least should 3 Y contract , pls should be change the Consolidated salary system and shuld get the pf , others allowences of employment

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIT Bombay Project Research Associate Salary FAQs

What is the salary of Project Research Associate at IIT Bombay ?

The average salary of a Project Research Associate at IIT Bombay in India typically ranges from ₹4.0 Lakhs to ₹7.8 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Project Research Associate at IIT Bombay earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Project Research Associate Salaries at IIT Bombay can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ IIT Bombay employees in India.

What is the estimated take home salary of a Project Research Associate at IIT Bombay in India?

The estimated take-home salary of a Project Research Associate at IIT Bombay in India typically ranges from ₹43,821 to ₹44,930 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of IIT Bombay. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIT Bombay for Project Research Associate in India?

Indian Institute of Technology Madras

₹4.2 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIT Bombay, depending on the role and experience level.

What is the salary of a Project Research Associate in companies similar to IIT Bombay in India?

The salary of a Project Research Associate at companies similar to IIT Bombay in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Institute of Technology Gandhinagar	₹5.4 Lakhs to ₹6.0 Lakhs per year
Centre for Innovations in Public Systems	₹3.2 Lakhs to ₹5.1 Lakhs per year
Indian Council of Medical Research	₹3.3 Lakhs to ₹4.3 Lakhs per year
National Environmental Engineering Research Institute	₹3.0 Lakhs to ₹3.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Project Research Associate at IIT Bombay in India?

The salary growth for a Project Research Associate at IIT Bombay depends on factors such as experience, performance, and promotions. On average, a Project Research Associate can expect the following growth trajectory at IIT Bombay:

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹6.0 Lakhs per year
1 year	₹4.1 Lakhs to ₹7.8 Lakhs per year
2 years	₹4.0 Lakhs to ₹7.8 Lakhs per year
3 years	₹4.5 Lakhs to ₹7.8 Lakhs per year

and so on.

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IIT Bombay Project Research Associate Salaries

IIT Bombay Project Research Associate salary in India ranges between ₹4 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 38 IIT Bombay latest salaries received from various employees of IIT Bombay.

IIT Bombay Project Research Associate salaries in India

Companies similar to IIT Bombay for Project Research Associate

Latest annual salaries shared by IIT Bombay Project Research Associate

Experience wise IIT Bombay Project Research Associate salaries

Similar Designation salaries in IIT Bombay

Salary related reviews for IIT Bombay

Research Associate in Mumbai

Assistant Professor in Mumbai

Project Research Engineer in Mumbai

Senior Technical Assistant in Mumbai

Sr. TECH ASST. IT in Mumbai

IIT Bombay Project Research Associate Salary FAQs

Tell us how to improve this page.

IIT Bombay Project Research Associate Salaries by Location