Indofil Industries Mumbai Executive Research Development Salaries by 6 Employees

4 - 11 years exp.

₹4.6 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% more than the average Executive Research Development Salary in Agro Chemicals Companies for 4 - 11 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Indofil Industries for Executive Research Development in Mumbai

Indofil Industries Executive Research Development Salary

4 - 11 years exp. (6 salaries)

₹4.6 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Aarti Industries Executive Research Development Salary 5 - 10 years exp. (3 salaries)	₹5.5 L/yr - ₹8 L/yr 13% less
Godrej Industries Executive Research Development Salary 4 - 13 years exp. (8 salaries)	₹5.5 L/yr - ₹6.5 L/yr 15% less
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Nippon Paint India Executive Research Development Salary 3 - 6 years exp. (5 salaries)	₹5.9 L/yr - ₹10.8 L/yr 17% more
Reliance Industries Executive Research Development Salary 1 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹2.9 L/yr 66% less
Storia Foods Executive Research Development Salary 4 - 6 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 6% less

Executive Research Development salary at Indofil Industries ranges between ₹4.6 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Indofil Industries.

Experience wise Indofil Industries Executive Research Development salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

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Similar Designation salaries in Indofil Industries

R&D Officer Salary

(6 salaries)

₹4.02 L/yr - ₹6.5 L/yr

Salary related reviews for Indofil Industries

Manager Procurement Strategic in Mumbai

Procurement & Supply Chain Department

5.0

• posted on 20 Mar 2022

3.0

for Salary and Benefits

Likes

5 years back work environment and culture was good. Later everything has changed based on management change. Company policies also changed. No value for hard work or dedication. Appraisal factor was not fair. You can not go to step forward if you have no god father even Company has benefited a huge amount through you. No value on your ideas or innovation. Increament & incentives always based on chamchagiri not on performance

Dislikes

...is for company, of the company & by the company. No value for employee emotion . You can get good salary but growth will be zero. Now Indofil culture is totaly different from 5 years back Indofil . In one word one can get a good position, increament , incentive or promotion if has a god father. Or else God is great.

Job security - Poor

+2 more

Comercial Executive in Bhubaneswar

Teaching & Training Department

5.0

• posted on 05 May 2021

5.0

for Salary and Benefits

Likes

Company policies are good, appraisals are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Territory Manager in Amravati

Sales Department

5.0

• posted on 03 Nov 2018

4.0

for Salary and Benefits

Likes

Working with Indofil was very good experience. Job security, work life and culture is very good. I am glad that I was a part of Indofil

Salary - Good

+6 more

Dislikes

Compensation is good, but promotional growth is very slow.Rest part is very nice.

Sales Manager

Sales/BD Department

4.0

• posted on 30 Aug 2017

4.0

for Salary and Benefits

Likes

...just established. I have joined as Sr. Executive-Sales & now I am Sales Manager. Insurance, LTA, Medical, Bonus, Increment, salary each area this company is one of the best. There is a good team here which I like. It's just a family. Head Office (Mumbai) colleagues are also very cooperative.

Salary - Good

+3 more

Dislikes

Compensation is average but slow growth. Work pressure is very high. Managers do not value an individuals, unique strengths, that's is why I have take my suggestions in many cases. Moreover, lot of responsibility but no authority.

Field Executive in Mumbai

Marketing Department

5.0

• posted on 15 Jun 2019

4.0

for Salary and Benefits

Likes

The company adopts latest technology. I love the products fact and part of the team. Another plus point is my colleagues come from various culture.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is average . Like me have to guide them step by step.

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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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Indofil Industries Executive Research Development Salary FAQs

What is the salary of Executive Research Development at Indofil Industries in Mumbai?

The average salary of a Executive Research Development at Indofil Industries in Mumbai typically ranges from ₹4.6 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Executive Research Development in Mumbai at Indofil Industries earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Executive Research Development Salaries at Indofil Industries 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 6 Indofil Industries employees in India.

What is the estimated take home salary of a Executive Research Development at Indofil Industries in Mumbai?

The estimated take-home salary of a Executive Research Development at Indofil Industries in Mumbai typically ranges from ₹54,836 to ₹56,207 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 6 salaries received from various employees of Indofil Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indofil Industries for Executive Research Development in India?

Nippon Paint India

₹5.9 Lakhs to ₹10.8 Lakhs per year

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

What is the salary of a Executive Research Development in companies similar to Indofil Industries in Mumbai?

The salary of a Executive Research Development at companies similar to Indofil Industries in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Storia Foods	₹6.0 Lakhs to ₹8.0 Lakhs per year
Aarti Industries	₹5.5 Lakhs to ₹8.0 Lakhs per year
Godrej Industries	₹5.5 Lakhs to ₹6.5 Lakhs per year
Reliance Industries	₹2.3 Lakhs to ₹2.9 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 Executive Research Development at Indofil Industries in Mumbai?

The salary growth for a Executive Research Development at Indofil Industries in Mumbai depends on factors such as experience, performance, and promotions. On average, a Executive Research Development in Mumbai can expect the following growth trajectory at Indofil Industries:

Experience	Average Salary Range
4 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
5 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
6 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
7 years	₹6.1 Lakhs to ₹7.7 Lakhs per year

and so on.

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Indofil Industries Executive Research Development Salaries in Mumbai

Indofil Industries Executive Research Development salary in Mumbai ranges between ₹4.6 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Indofil Industries latest salaries received from various employees of Indofil Industries.