L&T Defence Pune Project Manager Salaries by 10+ Employees

7 - 13 years exp.

₹9 Lakhs - ₹17 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

37% less than the average Project Manager Salary in Defence & Aerospace Companies for 7 - 13 years of experience

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Last Updated: 11 Oct 2024

Companies similar to L&T Defence for Project Manager in Pune

L&T Defence Project Manager Salary

7 - 13 years exp. (14 salaries)

₹9 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
GE Project Manager Salary 14 - 18 years exp. (6 salaries)	₹18 L/yr - ₹35 L/yr 79% more
Cognizant Project Manager Salary 8 - 20 years exp. (1.2k salaries)	₹13.3 L/yr - ₹40 L/yr 108% more
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Infosys Project Manager Salary 8 - 20 years exp. (1k salaries)	₹10.5 L/yr - ₹33 L/yr 51% more	12 job openings
Wipro Project Manager Salary 7 - 22 years exp. (595 salaries)	₹9 L/yr - ₹32.1 L/yr 60% more	17 job openings
Tech Mahindra Project Manager Salary 8 - 24 years exp. (563 salaries)	₹9 L/yr - ₹36 L/yr 62% more	2 job openings

Project Manager salary at L&T Defence ranges between ₹9 Lakhs to ₹17 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 14 latest salaries received from various employees of L&T Defence.

Latest annual salaries shared by L&T Defence Project Manager in Pune

5mo ago

₹15 Lakhs

13 years exp.

7mo ago

₹9 Lakhs

7 years exp.

10mo ago

₹14 Lakhs

12 years exp.

10mo ago

₹17 Lakhs

12 years exp.

1y ago

₹12 Lakhs

10 years exp.

1y ago

13 years exp.

1y ago

11 years exp.

1y ago

9 years exp.

1y ago

11 years exp.

Experience wise L&T Defence Project Manager salaries in Pune

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
10 years (4 salaries)	₹11 L/yr - ₹15 L/yr
11 years (3 salaries)	₹11.9 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr

View all

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Electronics Engineer Salary

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Salary related reviews for L&T Defence

3.0

Rated by 1 employees for salary & benefits

Project Manager in Mumbai

Construction & Site Engineering Department

4.0

• posted on 08 Aug 2017

3.0

for Salary and Benefits

Likes

Freedom to learn & experiment. Good Technical exposure. Average salary. Good for technocrats & of course buttering members. Semi-Govt organisation with full job security. So you can have good work-life balance

Skill development - Excellent

+3 more

Dislikes

Project Managers are treated as Project co-ordinators. Still follows age old bell-curve for appraisal. Top heavy and no one retires..continue as FTC with full powers. Average pay master. 5.5 days working/ week.

Deputy General Manager in Talegaon Dabhade

Full Time

Project & Program Management Department

3.0

• posted on 15 Jun 2023

2.0

for Salary and Benefits

Likes

Freedom to innovate, make mistakes and learn. Holiday homes. Domicilary medical reimbursement. Work exposure.

Skill development - Good

+3 more

Dislikes

Compensation , HR policies. 5.5 days working. Poor leave rules. No holidays on muslim festivals. Non fair appraisals.

Salary - Poor

+1 more

Quality Engineer in Talegaon Dabhade

Contractual

Other Department

3.0

• posted on 02 Sep 2024

2.0

for Salary and Benefits

Likes

Peaceful and pleasant work atmosphere. Workloads and responsibilities well distributed in team. Ease of access to knowledge regarding projects and relevant updates.

Company culture - Good

Dislikes

Working on same profile and cannot change/upgrade profile within company. Salary growth is lesser and not satisfied with salary.

Salary - Poor

+1 more

Mktg in Bangalore / Bengaluru

Other Department

2.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

Business areas and product line, which makes an employee feel proud. Aspiration to venture into new products and markets.

Job security - Good

Dislikes

...power & authority is getting further concentrated rather than getting delegated. Non-revision of compensation structure vis-à-vis industry has led to high attrition and degradation in quality of human resource available in organisation and its ability to attract. Compensation structure should be reviewed immediately and brought at par with industry . Career progression / growth is slow.

Salary - Poor

+3 more

Senior Manager Project Management in Surat

Defense Department

5.0

• posted on 25 May 2022

4.0

for Salary and Benefits

Likes

This is the best place, where you could contribute for your Country. Collaborative culture with versatile people from all across, provides lot of opportunity to learn and grow.

Salary - Good

+6 more

Dislikes

Salary and benefits might not be best in the class, could be improved a bit.

see more salary related reviews

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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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L&T Defence Project Manager Salary FAQs

What is the salary of Project Manager at L&T Defence in Pune?

The average salary of a Project Manager at L&T Defence in Pune typically ranges from ₹9.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Project Manager in Pune at L&T Defence earn more than ₹15.2 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Project Manager Salaries at L&T Defence 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 10+ L&T Defence employees in India.

What is the estimated take home salary of a Project Manager at L&T Defence in Pune?

The estimated take-home salary of a Project Manager at L&T Defence in Pune typically ranges from ₹88,648 to ₹90,976 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 7 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 10+ salaries received from various employees of L&T Defence. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Defence for Project Manager in India?

Cognizant	₹13.3 Lakhs to ₹40.0 Lakhs per year
GE	₹18.0 Lakhs to ₹35.0 Lakhs per year
Tech Mahindra	₹9.0 Lakhs to ₹36.0 Lakhs per year
Wipro	₹9.0 Lakhs to ₹32.1 Lakhs per year
Infosys	₹10.5 Lakhs to ₹33.0 Lakhs per year

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

How the salary growth look like for a Project Manager at L&T Defence in Pune?

The salary growth for a Project Manager at L&T Defence in Pune depends on factors such as experience, performance, and promotions. On average, a Project Manager in Pune can expect the following growth trajectory at L&T Defence:

Experience	Average Salary Range
7 years	₹10.6 Lakhs to ₹13.5 Lakhs per year
8 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
9 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
10 years	₹11.0 Lakhs to ₹15.0 Lakhs per year

and so on.

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L&T Defence Project Manager Salaries in Pune

L&T Defence Project Manager salary in Pune ranges between ₹9 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 L&T Defence latest salaries received from various employees of L&T Defence.