Indico Motors Jamshedpur Salaries by 60+ Employees (Updated 2024)

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Production, Manufacturing & Engineering Finance & Accounting Quality Assurance Research & Development + 2 more

Designation	Avg Annual Salary	Open Jobs
Hydraulic Mechanic 11 years exp. · Jamshedpur (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 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 Indico Motors

3.2

Rated by 4 employees for salary & benefits

Senior Marketing Manager in Hosur

Marketing & Communication Department

1.0

• posted on 13 Jul 2021

1.0

for Salary and Benefits

Likes

They are not paying the wages of labour and salary for employee. After 3 months one salary is done. Bucketing and oil massaging is the only princeple to survive there. To save Rs.5 rupee they are adopting 5lacs loss.

Dislikes

Ego and fraud master is the ruler of industry simulaneously business planning and stratergy.

Design & Development Engineer

Research & Development Department

4.0

• posted on 18 Jan 2018

4.0

for Salary and Benefits

Likes

Indico is a good organization.Having lots of things to learn.and good embodiment for working and to implement own ideas.I knew so many new technology and its application also here.all colleague is co-operative and technical sound.

Dislikes

Nothing dislike everything is ok.

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Know more about Indico Motors Jamshedpur

Indico Motors Salary FAQs

How much does Indico Motors pay per year?

The average Indico Motors salary ranges from approximately ₹2.2 Lakhs to ₹2.4 Lakhs per year for a Quality Engineer and ₹2 Lakhs to ₹3.7 Lakhs per year for a Production Engineer. Salary estimates are based on 60 Indico Motors salaries received from various employees of Indico Motors. Indico Motors employees rate the overall salary and benefits package 3.2/5 stars.

What is the highest salary in Indico Motors?

The highest-paying job at Indico Motors is a Production Engineer with a salary of ₹2 Lakhs to ₹3.7 Lakhs per year. The top 10% of employees earn more than ₹6.50 lakhs per year. The top 1% earn more than a whopping ₹15.87 lakhs per year.

What is the minimum salary in Indico Motors?

Minimum salary at Indico Motors depends on the role you are applying for. For Spray Painter the minimum salary is ₹1.8 Lakh to ₹2.3 Lakhs per year, and for Quality Engineer the minimum salary is ₹2.2 Lakhs to ₹2.4 Lakhs per year and so on.

What is the notice period at Indico Motors in Jamshedpur?

According to AmbitionBox, 50% of the Indico Motors employees in Jamshedpur reported a notice period of 1 Month, 45% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Indico Motors Jamshedpur Salaries by Department

Average annual salary in Indico Motors , Jamshedpur is INR . Salary estimates are based on 60 Indico Motors latest salaries received from various employees of Indico Motors.