IIT Madras Research Park Chennai Project Associate Salaries by 9 Employees (Updated 2025)

1 - 8 years exp.

₹4 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

57% less than the average Project Associate Salary for 1 - 8 years of experience

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Salaries in different departments

Engineering - Software & QA Project Associate Salary 1 - 6 years exp. (4 salaries)	₹4.3 L/yr - ₹5.3 L/yr
Research & Development Project Associate Salary 5 - 8 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
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Construction & Site Engineering Project Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.8 L/yr

Last Updated: 12 Feb 2025

Companies similar to IIT Madras Research Park for Project Associate in Chennai

IIT Madras Research Park Project Associate Salary

1 - 8 years exp. (9 salaries)

₹4 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Freelancer.com Project Associate Salary 3 - 10 years exp. (4 salaries)	₹3 L/yr - ₹8.7 L/yr 11% more
Cognizant Project Associate Salary 2 - 9 years exp. (2.6k salaries)	₹5.7 L/yr - ₹18 L/yr 151% more
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IIT Madras Project Associate Salary 0 - 6 years exp. (163 salaries)	₹1.6 L/yr - ₹6.5 L/yr 17% less
Indian Institute of Technology Madras Project Associate Salary 0 - 9 years exp. (138 salaries)	₹1.8 L/yr - ₹7 L/yr 12% less
Centre for Development of Advanced Computing Project Associate Salary 0 - 4 years exp. (35 salaries)	₹3 L/yr - ₹5 L/yr At par

Project Associate salary at IIT Madras Research Park ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 9 latest salaries received from various employees of IIT Madras Research Park.

Experience wise IIT Madras Research Park Project Associate salaries in Chennai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

View all

Salary related reviews for IIT Madras Research Park

3.2

Rated by 3 employees for salary & benefits

Marketing Head in IITMRP ,Chennai

Other Department

1.0

• posted on 21 Jun 2022

2.0

for Salary and Benefits

Likes

Great exposure with client visits. Well designed infrastructure.

Dislikes

1)Work as a dummy for monthly salary. 2)Director Ashok "bribe king" will be the king who decides when what how where etc. 3) COO ,the pet of Ashok is scared about his chair and always be supporting the above. 4)They don't tell you about budget.Just present whatever COO & Director prepares during meetings.. 5) None stick to the company once they oppose the wrong things happening. Once the individual question, they are thrown out immediately by the director.

Salary - Poor

+6 more

Innovation Manager in Chennai

Full Time

Strategic & Top Management Department

1.0

• posted on 09 Apr 2024

1.0

for Salary and Benefits

Likes

Very Poor Work Culture Here. Don't come just by name consult first any employee. Ashok Jhunjhunwala does everything, from HR, holiday, leave, everything. Either you suck or leave that'd the option.

Dislikes

Everything is Dislike, Your career will be ruined

Salary - Bad

+6 more

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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 Madras Research Park Project Associate Salary FAQs

What is the salary of Project Associate at IIT Madras Research Park in Chennai?

The average salary of a Project Associate at IIT Madras Research Park in Chennai typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Project Associate in Chennai at IIT Madras Research Park earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Project Associate Salaries at IIT Madras Research Park 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 9 IIT Madras Research Park employees in India.

What is the estimated take home salary of a Project Associate at IIT Madras Research Park in Chennai?

The estimated take-home salary of a Project Associate at IIT Madras Research Park in Chennai typically ranges from ₹35,700 to ₹36,929 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 9 salaries received from various employees of IIT Madras Research Park. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Cognizant	₹5.7 Lakhs to ₹18.0 Lakhs per year
Freelancer.com	₹3.0 Lakhs to ₹8.7 Lakhs per year

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

What is the salary of a Project Associate in companies similar to IIT Madras Research Park in Chennai?

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

Centre for Development of Advanced Computing	₹3.0 Lakhs to ₹5.0 Lakhs per year
Indian Institute of Technology Madras	₹1.8 Lakhs to ₹7.0 Lakhs per year
IIT Madras	₹1.6 Lakhs to ₹6.5 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 Associate at IIT Madras Research Park in Chennai?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹5.2 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.3 Lakhs to ₹5.4 Lakhs per year

and so on.

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IIT Madras Research Park Project Associate Salaries in Chennai

IIT Madras Research Park Project Associate salary in Chennai ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IIT Madras Research Park latest salaries received from various employees of IIT Madras Research Park.

IIT Madras Research Park Project Associate salaries in Chennai (Updated 2025)