ITC R&D Executive Salaries by 4 Employees (Updated 2024)

11 - 14 years exp.

₹12 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

130% more than the average R&D Executive Salary in FMCG Companies for 11 - 14 years of experience

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Last Updated: 11 Oct 2024

Companies similar to ITC for R&D Executive

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever R&D Executive Salary 0 - 17 years exp. (4 salaries)	₹9.4 L/yr - ₹11 L/yr 21% less
Britannia R&D Executive Salary Fresher (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 79% less
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Marico R&D Executive Salary 5 - 9 years exp. (6 salaries)	₹11.5 L/yr - ₹14 L/yr 2% more
Emami R&D Executive Salary 2 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 75% less
Varroc Group R&D Executive Salary 3 - 8 years exp. (9 salaries)	₹5.1 L/yr - ₹10 L/yr 42% less

R&D Executive salary at ITC ranges between ₹12 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of ITC.

Experience wise ITC R&D Executive salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
14 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr

Similar Designation salaries in ITC

Product Development Executive Salary

(48 salaries)

₹5.7 L/yr - ₹13 L/yr

Assistant Engineering Manager Salary

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Assistant Manager Product Development Salary

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₹16 L/yr - ₹17.68 L/yr

Head Engineering Salary

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₹21.3 L/yr - ₹45 L/yr

Graduate Apprentice Trainee Salary

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Process Engineer Salary

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₹7 L/yr - ₹9 L/yr

Lead Scientist Salary

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Assistant Manager - R&D Salary

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₹14 L/yr - ₹16.5 L/yr

R&D Manager Salary

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₹4.6 L/yr - ₹16 L/yr

Deputy Chief Engineer Salary

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₹11 L/yr - ₹19 L/yr

Salary related reviews for ITC

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.

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.

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.

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.

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 ,

Dislikes

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

Financial Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

3.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

Company delivers the commitment!

Dislikes

...g accommodation for third party employees in case of relocation to metro cities. Very difficult to sustain within only salary because of high cost of living at metro cities.

Assistant Manager Procurement in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

1.0

• posted on 26 Jun 2024

2.0

for Salary and Benefits

Likes

Medical benefits and job security

Dislikes

... on leaves and off days - Regular Saturday work despite official "off" status - Limited remote work options despite policy - Unfair pay practices - Limited career growth opportunities

see more salary related reviews

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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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ITC R&D Executive Salary FAQs

What is the salary of R&D Executive at ITC?

R&D Executive salary at ITC in India ranges between ₹12.0 Lakhs to ₹13.5 Lakhs for experience between 11 years to 14 years. According to our estimates it is 130% more than the average R&D Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ITC India.

How does the salary of a R&D Executive at ITC India compare with the average salary range for this job?

The average salary of a R&D Executive at ITC is 130% more than the average salary of a R&D Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than ITC to a R&D Executive in India?

Marico R&D Executive Salary - ₹11.5 Lakhs to ₹14.0 Lakhs per year

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

Hindustan Unilever R&D Executive Salary - ₹9.4 Lakhs to ₹11.0 Lakhs per year
Varroc Group R&D Executive Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year
Emami R&D Executive Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Britannia R&D Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a R&D Executive at ITC ranges between ₹87,802 per month to ₹90,105 per month in India. The take-home salary calculation is based on the average ITC R&D Executive salary in India which ranges between ₹12.0 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 14 years. Check how did we calculate take home salary?

What is the notice period for R&D Executive at ITC?

According to AmbitionBox, 33% of the ITC R&D Executives 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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ITC R&D Executive Salaries

ITC R&D Executive salary in India ranges between ₹12 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ITC latest salaries received from various employees of ITC.