ITC Manager Materials Salaries by 4 Employees

9 - 13 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Manager Materials Salary in FMCG Companies for 9 - 13 years of experience

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Last Updated: 21 May 2023

Companies similar to ITC for Manager Materials

Company name	Avg Annual Salary	Open Jobs
Procter & Gamble Manager Materials Salary 15 - 18 years exp. (3 salaries)	₹21 L/yr - ₹26 L/yr 163% more
Reliance Industries Manager Materials Salary 4 - 20 years exp. (39 salaries)	₹4.7 L/yr - ₹16 L/yr 8% more
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Lufthansa Technik Services India Manager Materials Salary 2 - 8 years exp. (25 salaries)	₹4.2 L/yr - ₹13.3 L/yr 16% less
Larsen & Toubro Limited Manager Materials Salary 8 - 24 years exp. (22 salaries)	₹10.5 L/yr - ₹25 L/yr 97% more
Asian Paints Manager Materials Salary 1 - 7 years exp. (17 salaries)	₹25 L/yr - ₹33 L/yr 223% more

Manager Materials salary at ITC ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of ITC.

Experience wise ITC Manager Materials salaries

Last Updated: 21 May 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹13.9 L/yr
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11 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹12 L/yr

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Senior Engineer Salary

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Buyer Salary

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₹4.17 L/yr - ₹7.3 L/yr

Salary related reviews for ITC

3.0

Rated by 1 employees for salary & benefits

Operations Manager in Kushalnagar

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 11 Aug 2023

5.0

for Salary and Benefits

Likes

Salary packages are usually always the best in the industry. Amazing job security and very timely disbursement of salaries Constantly looking for ways to develop employees intellectually and academically

Salary - Excellent

+3 more

Dislikes

Work culture- people in the system for years are at higher levels and there is a toxic culture. They expect you to keep working sometimes ruthlessly even on holidays.

Team Lead in Gondia

Full Time

Other Department

5.0

• posted on 02 Jan 2023

2.0

for Salary and Benefits

Likes

Last 7 years I work with ITC Ltd It's beautiful journey And I learn more skills with my seniors and I am enjoy my work

Work-life balance - Excellent

Dislikes

... india But they are not focusing ground level employees, (salesman, PSR, TL,) These employee salary is very low and company not pay travel allowance and food allowance not providing any type of life insurance accidental insurance etc.

Salary - Poor

+2 more

Procurement Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

2.0

• posted on 26 Jul 2021

1.0

for Salary and Benefits

Likes

Not a great company to joins at lower management levels. They will not give anything and will expect a lot from you. At middle management nice place to be

Job security - Excellent

Dislikes

Growth path and annual revision is very low. Too much gap in compensation for lower and high management. It's as if you are paying your manager from your income

Salary - Bad

+4 more

Purchase Officer in New Delhi

Procurement & Supply Chain Department

5.0

• posted on 24 Nov 2017

5.0

for Salary and Benefits

Likes

...eck myself with an interview (with The Claridges New Delhi Hotel) after 3.5 yrs. "surprisingly" I got 65% up in current salary and position of Purchase Supervisor.

Salary - Excellent

+6 more

Dislikes

NO single word.

Buyer in Hyderabad / Secunderabad

Retail (ABD) Department

5.0

• posted on 20 Jan 2019

3.0

for Salary and Benefits

Likes

ITC itself a brand and proved to be an employee in Company top class culture and employee benefits and HR policy’s are superb Top management and work environment was Outstanding Thanks to ITC

Skill development - Excellent

+4 more

Dislikes

Compensation wise ok/ decent. Growth rate is little slow.. The work pressure is little high and same time Ihave to work late nights. But Overall good experience with ITC. Immediate reporting manager do not value an individuals. But Top management and HR policy’s are superb. Some times we use to get appreciation from Top management.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ITC Manager Materials Salary FAQs

What is the salary of Manager Materials at ITC ?

The average salary of a Manager Materials at ITC in India typically ranges from ₹6.5 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Manager Materials at ITC earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Manager Materials 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 Manager Materials at ITC in India?

The estimated take-home salary of a Manager Materials at ITC in India typically ranges from ₹67,148 to ₹68,867 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 9 years to 13 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 Manager Materials in India?

Asian Paints	₹25.0 Lakhs to ₹33.0 Lakhs per year
Procter & Gamble	₹21.0 Lakhs to ₹26.0 Lakhs per year
Larsen & Toubro Limited	₹10.5 Lakhs to ₹25.0 Lakhs per year
Reliance Industries	₹4.7 Lakhs to ₹16.0 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 Manager Materials in companies similar to ITC in India?

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

Lufthansa Technik Services India

₹4.2 Lakhs to ₹13.3 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 Manager Materials at ITC in India?

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

Experience	Average Salary Range
9 years	₹6.5 Lakhs to ₹6.5 Lakhs per year
10 years	₹7.3 Lakhs to ₹13.9 Lakhs per year
11 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
12 years	₹4.3 Lakhs to ₹11.3 Lakhs per year

and so on.

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ITC Manager Materials Salaries

ITC Manager Materials salary in India ranges between ₹6.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ITC latest salaries received from various employees of ITC.