Lufthansa Technik Services India Finance Manager Salaries by 4 Employees

5 - 12 years exp.

₹10 Lakhs - ₹10.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Finance Manager Salary in Aviation Companies for 5 - 12 years of experience

Interested in this particular role?

Last Updated: 25 Nov 2023

Companies similar to Lufthansa Technik Services India for Finance Manager

Company name	Avg Annual Salary	Open Jobs
InterGlobe Aviation Finance Manager Salary 6 - 14 years exp. (10 salaries)	₹17 L/yr - ₹31 L/yr 115% more
Air India Finance Manager Salary 0 - 10 years exp. (9 salaries)	₹6 L/yr - ₹17.5 L/yr 15% more
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AirAsia Finance Manager Salary 5 - 8 years exp. (7 salaries)	₹15 L/yr - ₹23.1 L/yr 90% more
Airports Authority of India Finance Manager Salary 8 - 13 years exp. (6 salaries)	₹18 L/yr - ₹22 L/yr 99% more
Qatar Airways Finance Manager Salary 17 - 22 years exp. (4 salaries)	₹35 L/yr - ₹37 L/yr 253% more
Dnata Finance Manager Salary 5 - 18 years exp. (4 salaries)	₹12 L/yr - ₹17 L/yr 31% more
British Airways Finance Manager Salary 9 - 17 years exp. (4 salaries)	₹20 L/yr - ₹28 L/yr 136% more
Boeing Finance Manager Salary 15 - 18 years exp. (3 salaries)	₹50 L/yr - ₹51 L/yr 394% more
Spicejet Finance Manager Salary 9 - 15 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 40% more

Finance Manager salary at Lufthansa Technik Services India ranges between ₹10 Lakhs to ₹10.3 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Lufthansa Technik Services India.

Experience wise Lufthansa Technik Services India Finance Manager salaries

Last Updated: 25 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹10.3 L/yr
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7 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.8 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.1 L/yr

View all

Similar Designation salaries in Lufthansa Technik Services India

Sales Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Finance Executive Salary

(3 salaries)

₹6.5 L/yr - ₹8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Team Lead Salary

(3 salaries)

₹19.5 L/yr - ₹26 L/yr

Salary related reviews for Lufthansa Technik Services India

5.0

Rated by 1 employees for salary & benefits

Employee in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Nothing good apart from brand in Germany. But local Bengaluru office operates like Indian startup.

Dislikes

...ish, and least bothered about employees. Favouritism from the Tamil/Telugu head. Less salary than market. No growth. No learnings.

Salary - Bad

+6 more

Executive - Material Management in Bangalore / Bengaluru

Procurement & Supply Chain Department

3.0

• posted on 30 May 2022

1.0

for Salary and Benefits

Likes

Good work life balance.

Job security - Excellent

+1 more

Dislikes

Poor salary structure. Most of the employees are struggling pay wise. It is just a cost center of Lufthansa Technik, Hamburg. Don't think the salary structure will change for good any soon

Salary - Bad

+2 more

Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

2.0

• posted on 22 Mar 2021

2.0

for Salary and Benefits

Likes

Company is good when it comes to work life balance. They offer salary which is way less than the market standards. Monotonous work.

Job security - Excellent

+1 more

Dislikes

Salary is less compared to the market standards. Less opportunities for growth.

Salary - Poor

+2 more

Department Manager in Bangalore Rural

Procurement & Supply Chain Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

No job securityas promised, bad politics, money mismanagement, policies are turned according to personnel requirements. Lost my life and whole earning because of job security and bad politics. Will never advise anyone as abest platform.

Salary - Excellent

+2 more

Dislikes

... management. Their bad politics especially by the foreigner for his own benifit. Even no proper compensation is paid.

Job security - Bad

+3 more

Manager Materials in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Work life balance to some level is there , that also when u have a manager who is not toxic. Many toxic managers are there who make life miserable

Work-life balance - Good

Dislikes

Office politics is very bad. There is a circle of people in the floor who will just promote their own people, favouritism is at peak. It’s incompetency over talent in ltsi! Poor HR structure and their performance

Salary - Poor

+3 more

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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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Lufthansa Technik Services India Finance Manager Salary FAQs

What is the salary of Finance Manager at Lufthansa Technik Services India ?

The average salary of a Finance Manager at Lufthansa Technik Services India in India typically ranges from ₹10.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Finance Manager at Lufthansa Technik Services India earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Finance Manager Salaries at Lufthansa Technik Services India 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 Lufthansa Technik Services India employees in India.

What is the estimated take home salary of a Finance Manager at Lufthansa Technik Services India in India?

The estimated take-home salary of a Finance Manager at Lufthansa Technik Services India in India typically ranges from ₹73,401 to ₹75,297 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 5 years to 12 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 Lufthansa Technik Services India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Lufthansa Technik Services India for Finance Manager in India?

Boeing	₹50.0 Lakhs to ₹51.0 Lakhs per year
Qatar Airways	₹35.0 Lakhs to ₹37.0 Lakhs per year
British Airways	₹20.0 Lakhs to ₹28.0 Lakhs per year
InterGlobe Aviation	₹17.0 Lakhs to ₹31.0 Lakhs per year
Airports Authority of India	₹18.0 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Lufthansa Technik Services India, depending on the role and experience level.

What is the salary of a Finance Manager in companies similar to Lufthansa Technik Services India in India?

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

AirAsia	₹15.0 Lakhs to ₹23.1 Lakhs per year
Spicejet	₹10.0 Lakhs to ₹20.0 Lakhs per year
Dnata	₹12.0 Lakhs to ₹17.0 Lakhs per year
Air India	₹6.0 Lakhs to ₹17.5 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 Finance Manager at Lufthansa Technik Services India in India?

The salary growth for a Finance Manager at Lufthansa Technik Services India depends on factors such as experience, performance, and promotions. On average, a Finance Manager can expect the following growth trajectory at Lufthansa Technik Services India:

Experience	Average Salary Range
5 years	₹10.3 Lakhs to ₹10.3 Lakhs per year
6 years	₹10.3 Lakhs to ₹10.3 Lakhs per year
7 years	₹9.2 Lakhs to ₹11.8 Lakhs per year
8 years	₹4.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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Lufthansa Technik Services India Finance Manager Salaries

Lufthansa Technik Services India Finance Manager salary in India ranges between ₹10 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lufthansa Technik Services India latest salaries received from various employees of Lufthansa Technik Services India.