ITC Assistant Manager - R&D Salaries by 4 Employees

6 - 8 years exp.

₹14 Lakhs - ₹16.5 Lakhs

Low Confidence

Salary of majority employees

54% more than the average Assistant Manager - R&D Salary in FMCG Companies for 6 - 8 years of experience

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Last Updated: 13 Mar 2023

Companies similar to ITC for Assistant Manager - R&D

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Assistant Manager - R&D Salary 9 - 14 years exp. (11 salaries)	₹17.5 L/yr - ₹25.5 L/yr 47% more
Adani Wilmar Assistant Manager - R&D Salary 4 - 9 years exp. (7 salaries)	₹6.3 L/yr - ₹15 L/yr 28% less
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Emami Assistant Manager - R&D Salary 6 - 9 years exp. (6 salaries)	₹6.2 L/yr - ₹15.5 L/yr 31% less
Guiltfree Industries Assistant Manager - R&D Salary 4 - 11 years exp. (5 salaries)	₹9 L/yr - ₹16 L/yr 19% less
Zydus Wellness Assistant Manager - R&D Salary 0 - 14 years exp. (3 salaries)	₹6.1 L/yr - ₹9.5 L/yr 49% less

Assistant Manager - R&D salary at ITC ranges between ₹14 Lakhs to ₹16.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of ITC.

Experience wise ITC Assistant Manager - R&D salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹14 L/yr - ₹14.9 L/yr
7 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹27.5 L/yr
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8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.5 L/yr

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Salary related reviews for ITC

3.0

Rated by 1 employees for salary & benefits

Product Development Executive in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 17 Nov 2020

3.0

for Salary and Benefits

Likes

ITC is one of the dream company to work as there is good work environment and lots of oppotunities to freshers. Company policies are good. Teammates are supportive.

Skill development - Good

+5 more

Dislikes

There is comparably less salary than other MNC. Also during resign one should have to complete 3 months of notice period ...which is really huge time span compare to other companies ...it should be 1 month max.

Senior Manager Finance in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

2.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

Salary is considerably competitive

Salary - Good

+2 more

Dislikes

Work life balance is terrible. You leaving on time, top management takes it in a manner that you dont have enough work. Late nights are a normal especially for senior management. Appraisals are seriously affected by this.

Company culture - Bad

+1 more

Chief Engineer in Gurgaon / Gurugram

Full Time

Administration & Facilities Department

3.0

• posted on 23 Dec 2024

2.0

for Salary and Benefits

Likes

ITC Limited has very robust processes and standards which act as guard rails for the organization

Job security - Excellent

Dislikes

Over a period of time remuneration is very low as compared to market. Around 8-10 years back company was a pay master, this has significantly affected the quality of work force, standards and services. Work life balance and with time culture of caring and considering employees as assets is is also missing.

Salary - Poor

+3 more

Sales Trainee in Mumbai

Full Time

Marketing & Communication Department

2.0

• posted on 28 Mar 2024

1.0

for Salary and Benefits

Likes

Just Brand name.

Job security - Good

Dislikes

CTC and actually in-hand salary has very large gap 30-40%. They pay TA DA but included in CTC. Always have to be on field. Only suitable for those interested in FMCG job always on field. Not for weak hearted.

Salary - Bad

+4 more

Senior Area Executive in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 15 Mar 2024

2.0

for Salary and Benefits

Likes

ITC one of best compony to work with , Only getting promotion from front line to managerial level is tough after 1st promotion as a manager become easy for next level ,

Job security - Excellent

Dislikes

Salary is less as per A grad company and promotion is also a big concern for front line employees!

Salary - Poor

+3 more

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ITC Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at ITC ?

The average salary of a Assistant Manager - R&D at ITC in India typically ranges from ₹14.0 Lakhs to ₹16.5 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Assistant Manager - R&D at ITC earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Assistant Manager - R&D Salaries at ITC 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 4 ITC employees in India.

What is the estimated take home salary of a Assistant Manager - R&D at ITC in India?

The estimated take-home salary of a Assistant Manager - R&D at ITC in India typically ranges from ₹1,05,263 to ₹1,08,155 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹16.5 Lakhs per year for employees with experience ranging from 6 years 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 4 salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ITC for Assistant Manager - R&D in India?

Hindustan Unilever

₹17.5 Lakhs to ₹25.5 Lakhs per year

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

What is the salary of a Assistant Manager - R&D in companies similar to ITC in India?

The salary of a Assistant Manager - R&D at companies similar to ITC in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Guiltfree Industries	₹9.0 Lakhs to ₹16.0 Lakhs per year
Adani Wilmar	₹6.3 Lakhs to ₹15.0 Lakhs per year
Emami	₹6.2 Lakhs to ₹15.5 Lakhs per year
Zydus Wellness	₹6.1 Lakhs to ₹9.5 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 Assistant Manager - R&D at ITC in India?

The salary growth for a Assistant Manager - R&D at ITC depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D can expect the following growth trajectory at ITC:

Experience	Average Salary Range
6 years	₹14.0 Lakhs to ₹14.9 Lakhs per year
7 years	₹14.9 Lakhs to ₹27.5 Lakhs per year
8 years	₹6.5 Lakhs to ₹16.5 Lakhs per year

and so on.

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ITC Assistant Manager - R&D Salaries

ITC Assistant 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 4 ITC latest salaries received from various employees of ITC.