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Lico Materials

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2.3

based on 11 Reviews

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Navi Mumbai
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Lico Materials Salaries in Navi Mumbai

based on 31 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Quality Assurance
Designation Avg Annual Salary Open Jobs

Production Manager

9 - 10 years exp. · Navi Mumbai (3 salaries)
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₹14 L/yr - ₹17.8 L/yr

Assistant General Manager Business Development

19 - 20 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹32.4 L/yr - ₹41.4 L/yr

Production Engineer

3 - 4 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

Accounts & Finance Executive

4 - 5 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.5 L/yr

Executive Production

4 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.6 L/yr

Executive Quality Control

5 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Maintenance Manager

12 - 14 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹10.2 L/yr - ₹13 L/yr

Senior Executive Quality Assurance

12 - 13 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Operations Manager

10 - 12 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹11.5 L/yr - ₹14.7 L/yr

Senior Accounts Executive

5 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Production Supervisor

2 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr

Assistant Manager

7 - 11 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr

Production Operator

1 - 3 years exp. · Navi Mumbai (4 salaries)
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₹2.4 L/yr - ₹2.9 L/yr

Fitter

3 - 13 years exp. · Navi Mumbai (3 salaries)
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₹2.4 L/yr - ₹3 L/yr

Machine Operator and Maintenance

2 years exp. · Navi Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 22 Dec, 2024

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2w
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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Salary related reviews for Lico Materials

3.1

Rated by 5 employees for salary & benefits

Production Officer in Navi Mumbai

Full Time

 · 

Quality Assurance Department

1.0
  •  posted on 04 Mar 2024
4.0
 for  Salary and Benefits

Likes

The only benifit is good salary

Dislikes

...hat polluted area & ready to get mental harrased only then go to lico materials. and btw becouse of i left company in middle of the month the holded my salary LOL that much they harras someone.

read more

Assistant Manager in Taloja MIDC

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 16 May 2023
1.0
 for  Salary and Benefits

Likes

Salary is the only thing makes me happy

Dislikes

No HR Policy Every one can Access CEO(can discuss any thing irrespective of department) Local HR is a Worst Messenger. QA and Subordinate are horrible. They don't have focus on the Business they use business people for different purposes. Attrition rate is huge.

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Assistant Manager in Taloja

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 30 Jul 2023
5.0
 for  Salary and Benefits

Likes

Salary is the only happy thing here.

Dislikes

No HR Policy Every one can Access CEO(can discuss any thing irrespective of department) Local HR is a Worst Messenger. QA and Subordinate are horrible. They don't have focus on the Business they use business people for different purposes. Attrition rate is huge.

read more

Production Operator in Panvel

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 08 Feb 2024
3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Here, operators need to do whatever the some senior says. Despite having diploma and i.t.i qualification. they ask to draw water from A.C. outdoor, they ask to dig the soil and put the name plates of the trees, floor cleaning and many more work they said. they think operators have roles like 1) Operator 2) Supervisor 3) Helper 4) housekeeping 5) mathadi (loading) and various other roles.

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see more salary related reviews

Know more about Lico Materials Navi Mumbai

Lico Materials Salary FAQs

What is the minimum salary in Lico Materials?
Minimum salary at Lico Materials depends on the role you are applying for. For Production Operator the minimum salary is ₹2.4 Lakhs to ₹2.9 Lakhs per year, and for Fitter the minimum salary is ₹2.4 Lakhs to ₹3 Lakhs per year and so on.
What is the notice period at Lico Materials in Navi Mumbai?
According to AmbitionBox, 40% of the Lico Materials employees in Navi Mumbai reported a notice period of 1 Month, 36% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Lico Materials Navi Mumbai Salaries by Department

Average annual salary in Lico Materials , Navi Mumbai is INRunlock blur . Salary estimates are based on 31 Lico Materials latest salaries received from various employees of Lico Materials.

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