Marelli Product Development Manager Salaries by 4 Employees

12 - 14 years exp.

₹16 Lakhs - ₹30.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Product Development Manager Salary in Auto Components Companies for 12 - 14 years of experience

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Last Updated: 20 Oct 2023

Companies similar to Marelli for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Faurecia Product Development Manager Salary 9 - 17 years exp. (5 salaries)	₹14 L/yr - ₹22 L/yr 16% less
Schaeffler India Product Development Manager Salary 8 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹14.7 L/yr 50% less
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Michelin Product Development Manager Salary 6 - 7 years exp. (4 salaries)	₹13.6 L/yr - ₹20 L/yr 16% less
Bosch Product Development Manager Salary 8 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹22 L/yr 42% less	1 job opening
American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 42% more

Product Development Manager salary at Marelli ranges between ₹16 Lakhs to ₹30.2 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Marelli.

Experience wise Marelli Product Development Manager salaries

Last Updated: 20 Oct 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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14 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

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Salary related reviews for Marelli

Senior Engineer in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Work culture is good. No extra wok load , work life balance is good.

Dislikes

HR team doesn’t even exist. Specially in TRD Gurugram they have worst HR team. No No salary increments, no promotions. HR only has one JBL music box & they play it on every occasion be it independence day/republic day/fundoo friday/CEO visit/women's/birthday celebration/anniversaries etc…. day or anything….if you have any query related to anything ….. this team don't have any answer. HR head - is a nonsense immature kid , don't even know how to behave.

Salary - Bad

+4 more

Process Engineer in U.S.

Full Time

Research & Development Department

3.0

• posted on 04 Feb 2023

3.0

for Salary and Benefits

Likes

Pay is decent, but does not contribute to high inflation!

Dislikes

People resistance to improvement changes on the production floor, company is very cheap when it comes to approving projects that cost money, air quality in building is questionable, etc.

Skill development - Poor

+4 more

Embedded Hardware Engineer in Gurgaon / Gurugram

Research & Development Department

4.0

• posted on 27 Feb 2022

3.0

for Salary and Benefits

Likes

... and creating difference. Favouritism is there creating a disputes within teams. Bonus and hikes are not as per market.

Skill development - Good

Dislikes

Working in Magneti Marelli was a dream for many till 2018 after that many things have changed and getting worse day by day. Cost cutting has become the priority causing lot of demotivation.

Work-life balance - Poor

SW Application Developer-Domain Lead(Deputy Manager) in Gurgaon / Gurugram

Engineering - Software & QA Department

3.0

• posted on 13 May 2022

2.0

for Salary and Benefits

Likes

Good work environment and culture. But as per long experience wealth growth is not good.

Job security - Good

Dislikes

Huge Difference between new joining and existing employees. Half number of experience new joinee getting more salary compare to existing double experience guys.

Salary - Poor

Assistant Manager- HR in Gurgaon / Gurugram

Human Resources Department

4.0

• posted on 02 Aug 2020

5.0

for Salary and Benefits

Likes

... you are not still you can bank up the company. It's a people centric company. It is one of the best pay master in its class.

Salary - Excellent

+5 more

Dislikes

Late appraisals..

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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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Marelli Product Development Manager Salary FAQs

What is the salary of Product Development Manager at Marelli ?

The average salary of a Product Development Manager at Marelli in India typically ranges from ₹16.0 Lakhs to ₹30.2 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Product Development Manager at Marelli earn more than ₹30.2 Lakhs per year, and the top 1% earn over ₹30.2 Lakhs per year. Product Development Manager Salaries at Marelli 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 Marelli employees in India.

What is the estimated take home salary of a Product Development Manager at Marelli in India?

The estimated take-home salary of a Product Development Manager at Marelli in India typically ranges from ₹1,40,075 to ₹1,45,271 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹30.2 Lakhs per year for employees with experience ranging from 12 years to 14 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 Marelli. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Marelli for Product Development Manager in India?

American Express

₹20.0 Lakhs to ₹38.0 Lakhs per year

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

What is the salary of a Product Development Manager in companies similar to Marelli in India?

The salary of a Product Development Manager at companies similar to Marelli in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Faurecia	₹14.0 Lakhs to ₹22.0 Lakhs per year
Michelin	₹13.6 Lakhs to ₹20.0 Lakhs per year
Bosch	₹9.5 Lakhs to ₹22.0 Lakhs per year
Schaeffler India	₹8.3 Lakhs to ₹14.7 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 Product Development Manager at Marelli in India?

The salary growth for a Product Development Manager at Marelli depends on factors such as experience, performance, and promotions. On average, a Product Development Manager can expect the following growth trajectory at Marelli:

Experience	Average Salary Range
12 years	₹20.8 Lakhs to ₹26.6 Lakhs per year
13 years	₹18.0 Lakhs to ₹23.0 Lakhs per year
14 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Marelli Product Development Manager Salaries

Marelli Product Development Manager salary in India ranges between ₹16 Lakhs to ₹30.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Marelli latest salaries received from various employees of Marelli.