IL&FS Cluster Development Initiative Salaries by 80+ Employees (Updated 2024)

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Designation	Avg Annual Salary	Open Jobs
Operations and Training Manager 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Assistant Manager 5 - 9 years exp. (7 salaries)	₹5 L/yr - ₹6.9 L/yr
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Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Manager 9 - 10 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹15.3 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Consultant 2 - 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Senior Manager 12 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Vice President 18 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India
Associate 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
Starting your career? Discover IL&FS Cluster Development Initiative fresher salaries in India

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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 IL&FS Cluster Development Initiative

4.3

Rated by 18 employees for salary & benefits

Advisory Manager in Mumbai

Infrastructure Advisory Department

4.0

• posted on 30 Oct 2018

3.0

for Salary and Benefits

Likes

Work culture, freedom given by bosses, chances for ownership of the projects, work life balance and good natured bosses with no politics at play

Dislikes

Long adoption time towards new business development initiatives. Too much engineering and architect background people and very less management and finance focused people.

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IL&FS Cluster Development Initiative Salary FAQs

How much does IL&FS Cluster Development Initiative pay per year?

The average IL&FS Cluster Development Initiative salary ranges from approximately ₹3.5 Lakhs to ₹3.8 Lakhs per year for a Accountant and ₹5 Lakhs to ₹6.9 Lakhs per year for a Assistant Manager. Salary estimates are based on 83 IL&FS Cluster Development Initiative salaries received from various employees of IL&FS Cluster Development Initiative. IL&FS Cluster Development Initiative employees rate the overall salary and benefits package 4.3/5 stars.

What is the highest salary in IL&FS Cluster Development Initiative?

The highest-paying job at IL&FS Cluster Development Initiative is a Assistant Manager with a salary of ₹5 Lakhs to ₹6.9 Lakhs per year. The top 10% of employees earn more than ₹13.70 lakhs per year. The top 1% earn more than a whopping ₹28.02 lakhs per year.

What is the minimum salary in IL&FS Cluster Development Initiative?

Minimum salary at IL&FS Cluster Development Initiative depends on the role you are applying for. For Accountant the minimum salary is ₹3.5 Lakhs to ₹3.8 Lakhs per year, and for Company Secretary the minimum salary is ₹3.6 Lakhs to ₹4.6 Lakhs per year and so on.

What is the notice period at IL&FS Cluster Development Initiative?

According to AmbitionBox, 60% of the IL&FS Cluster Development Initiative employees reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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IL&FS Cluster Development Initiative Salaries by Location

IL&FS Cluster Development Initiative Salaries by Department

Average annual salary in IL&FS Cluster Development Initiative is INR . Salary estimates are based on 83 IL&FS Cluster Development Initiative latest salaries received from various employees of IL&FS Cluster Development Initiative.