LOYAL Equipments Manager Materials Salaries by 2 Employees (Updated 2024)

17 - 18 years exp.

₹9 Lakhs - ₹11.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 19 Dec 2024

Companies similar to LOYAL Equipments for Manager Materials

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BHEL Manager Materials Salary 13 - 16 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 104% more
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Kirloskar Brothers Manager Materials Salary 15 - 17 years exp. (4 salaries)	₹12.9 L/yr - ₹16.6 L/yr 44% more
Crompton Greaves Consumer Electricals Manager Materials Salary 14 - 22 years exp. (7 salaries)	₹12.5 L/yr - ₹18.3 L/yr 60% more
Godrej & Boyce Manufacturing Manager Materials Salary 6 - 16 years exp. (11 salaries)	₹10.6 L/yr - ₹16.4 L/yr 29% more
Havells Manager Materials Salary 11 - 15 years exp. (6 salaries)	₹10 L/yr - ₹20 L/yr 46% more
Tata Power Manager Materials Salary 17 - 18 years exp. (3 salaries)	₹15 L/yr - ₹18 L/yr 60% more

Manager Materials salary at LOYAL Equipments ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with experience between 17 years to 18 years. Salary estimates are based on 2 latest salaries received from various employees of LOYAL Equipments.

Similar Designation salaries in LOYAL Equipments

Senior Engineer Salary

(AmbitionBox Estimate)

₹8.5 L/yr - ₹10.8 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for LOYAL Equipments

5.0

Rated by 1 employees for salary & benefits

Senior Engineer Purchase in Zak Dahegam

Procurement & Supply Chain Department

2.0

• posted on 11 May 2022

3.0

for Salary and Benefits

Likes

Good to learn technical knowledge

Dislikes

No Job security, Horrible experience from HR & Top management, not giving salary for Notice period, One sided bond only for Employees not applicable for company. Totally unprofessional approch, No manners to talking with employees. Lack off team works, bad politics.

Assistant Manager- HR in Ahmedabad

Human Resources Department

1.0

• posted on 23 Jan 2019

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Management force to do long hours even you don't have work. Employee has to singed three year bond with 10% retention of CTC which you get after three years. Once you sign the bond they treat as slave.

Senior QA QC Engineer

Quality Assurance Department

5.0

• posted on 07 Nov 2018

5.0

for Salary and Benefits

Likes

Loyal Equipments limited is the best company basically Pressure Vessels, Heat Exchangers, Consoles, Structure Works for my view. I'm deeply work with fully involved with this organisation and enjoy with my work even very hard work load, because of their good atmosphere and well helping culture. Thanks for your support Loyal team and especially Alkesh sir.

Dislikes

Doesn't any things that dislike me from my working period..but need some system establishment that works can easy..because of now loyal will achieve top targets that's why work load will be increased.that time need system will be improved, hence work can be easier.

Assistant Manager- HR in Ahmedabad

Other Department

1.0

• posted on 21 Aug 2018

3.0

for Salary and Benefits

Likes

Company is local in terms of location and having person management. This is good place if you are crazy to work 24hour and learn all aspects of engineering whether belongs to you or not.

Dislikes

Management screw against the payment, here is nothing called human everything is machine.

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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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LOYAL Equipments Manager Materials Salary FAQs

What is the notice period for Manager Materials at LOYAL Equipments?

According to AmbitionBox, 100% of the LOYAL Equipments Manager Materialss reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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LOYAL Equipments Manager Materials Salaries

LOYAL Equipments Manager Materials salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs. This is an estimate based on latest salaries received from employees of LOYAL Equipments.