Indore Composite Senior Manager R&D Salaries by 3 Employees (Updated 2024)

11 - 13 years exp.

₹14 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Senior Manager R&D Salary in Telecom Companies for 11 - 13 years of experience

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Last Updated: 30 Nov 2024

Companies similar to Indore Composite for Senior Manager R&D

Company name	Avg Annual Salary	Open Jobs
Schneider Electric Senior Manager R&D Salary 8 - 13 years exp. (13 salaries)	₹15 L/yr - ₹25 L/yr 47% more
Daimler India Commercial Vehicles Senior Manager R&D Salary 13 - 18 years exp. (7 salaries)	₹14 L/yr - ₹27.2 L/yr 25% more
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Tata Motors Senior Manager R&D Salary 5 - 15 years exp. (6 salaries)	₹12.5 L/yr - ₹23.2 L/yr 11% more
Mahindra & Mahindra Senior Manager R&D Salary 19 - 24 years exp. (6 salaries)	₹19 L/yr - ₹32.9 L/yr 67% more
Navin Fluorine International Senior Manager R&D Salary 15 - 20 years exp. (6 salaries)	₹20 L/yr - ₹26.8 L/yr 76% more

Senior Manager R&D salary at Indore Composite ranges between ₹14 Lakhs to ₹16.5 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Indore Composite.

Experience wise Indore Composite Senior Manager R&D salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
12 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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13 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr

Similar Designation salaries in Indore Composite

Senior Process Engineer Salary

(4 salaries)

₹6 L/yr - ₹8 L/yr

R&D Officer Salary

(4 salaries)

₹2.6 L/yr - ₹3.5 L/yr

Design Engineer Salary

(4 salaries)

₹3.22 L/yr - ₹5.6 L/yr

Assistant Manager - R&D Salary

(3 salaries)

₹5.2 L/yr - ₹6.9 L/yr

R&D Engineer Salary

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₹4 L/yr - ₹4.2 L/yr

Autocad Draughtsman Mechanical Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Design & Development Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Process Engineer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

RND Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Junior Project Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Indore Composite

R&D Officer in Ambernath

Research & Development Department

4.0

• posted on 01 May 2021

2.0

for Salary and Benefits

Likes

Here you'll get high job security, no one want to share knowledge, Management don't listen to you directly. whatever department head will tell about yourself that's the final. They give you judgement without adjudge you. Some policies are there but it's not worthfull.

Dislikes

Salary is much more lower than other companies. There's no career growth. Salary hike/increment & bonus doesn't depend on appraisal because of too much partialities.

Assistant Manager Treasury in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 28 Feb 2024

2.0

for Salary and Benefits

Likes

Nothing to like. HR interference in every matter.

Dislikes

They thug you in terms of performance bonus. They tell you that they will pay you next year in Dilwali and deduct money saying that your performance was not good.

Corporate Quality Head - QA And MR in Mumbai Suburban

Other Department

2.0

• posted on 30 Apr 2022

1.0

for Salary and Benefits

Likes

It is not good place for working as a professional, lots of politics by plant management. Instead of company growth / goal plant management think about personal growth and ego satisfaction. Work Culture is not good as people working since long time feel unsecured and play politics.

Dislikes

There is lots of politics and plant management doesn't address issues. Salary is low and career growth is slow.

Electrical Engineer in Pithampur

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Apr 2024

4.0

for Salary and Benefits

Likes

The ICPL is the leading MNC, company prioritizes its employees's well-being. The work culture inside manufacturing plant is very good. The management and staff of the company are very cooperative in nature. HR&A team conducts activity at regular intervals to keep the employees happy, motivated and energetic. The ICPL company is implemented with industry 4.0 norms.

Dislikes

There are nothing negative in work station. Happy Work place.

Mechanical Maintenance Technician in Ambernath

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 18 Sep 2024

2.0

for Salary and Benefits

Likes

प्रीवेंटिव मेंटिनेस अच्छा लगता है. और वर्किंग टाइम 8 घंटा ही है और सैलरी टाइम टू टाइम है

Dislikes

सिस्टम बराबर नहीं है और स्टोर की सुविधा बराबर नहीं है स्टोर से पदार्थ इशू करने में काफी समय लग जाता है उसी में एक-दो घंटा वेट चला जाता है

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Salary Discussions, Hike & Promotions

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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Indore Composite Senior Manager R&D Salary FAQs

What is the notice period for Senior Manager R&D at Indore Composite?

According to AmbitionBox, 33% of the Indore Composite Senior Manager R&Ds reported a notice period of 1 Month, 34% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Indore Composite Senior Manager R&D Salaries

Indore Composite Senior Manager R&D salary in India ranges between ₹14 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Indore Composite latest salaries received from various employees of Indore Composite.