Mahindra & Mahindra Chennai Assistant Manager - R&D Salaries by 6 Employees

4 - 7 years exp.

₹4.8 Lakhs - ₹8.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Assistant Manager - R&D Salary in Automobile Companies for 4 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Mahindra & Mahindra for Assistant Manager - R&D in Chennai

Mahindra & Mahindra Assistant Manager - R&D Salary

4 - 7 years exp. (6 salaries)

₹4.8 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Renault Nissan Technology & Business Centre India Assistant Manager - R&D Salary 8 - 15 years exp. (5 salaries)	₹12.1 L/yr - ₹14.5 L/yr 76% more
Tractors and Farm Equipment Assistant Manager - R&D Salary 8 - 14 years exp. (9 salaries)	₹9.2 L/yr - ₹11 L/yr 34% more
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Rane (Madras) Assistant Manager - R&D Salary 4 - 8 years exp. (6 salaries)	₹5.2 L/yr - ₹7.2 L/yr 17% less
Royal Enfield Assistant Manager - R&D Salary 1 - 10 years exp. (5 salaries)	₹7.1 L/yr - ₹8 L/yr 5% more
Simpson Assistant Manager - R&D Salary 4 - 9 years exp. (5 salaries)	₹5.7 L/yr - ₹6.3 L/yr 20% less

Assistant Manager - R&D salary at Mahindra & Mahindra ranges between ₹4.8 Lakhs to ₹8.3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Assistant Manager - R&D salaries in Chennai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr

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Salary related reviews for Mahindra & Mahindra

4.0

Rated by 1 employees for salary & benefits

Design Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 25 May 2023

3.0

for Salary and Benefits

Likes

Work life balance depends on you. work pressure is less. plenty of learning opportunities

Skill development - Excellent

+3 more

Dislikes

upper management can be a problem. no pay parity no role parity. GET PGET freshers are sometimes paid more than experienced lateral joiners.

Senior Design Engineer in Chennai

Full Time

Research & Development Department

1.0

• posted on 12 May 2022

1.0

for Salary and Benefits

Likes

Company will plug every penny from employee in the name cost savings or cost cutting. You will not receive any employee benefits for example like food, transport, Tea/coffee for everything you have to pay. There is no free benefits like such things

Dislikes

Salary - Bad
Skill development - Bad

+5 more

Tool Design Engineer in Nagpur

Production, Manufacturing & Engineering Department

1.0

• posted on 20 Oct 2022

1.0

for Salary and Benefits

Likes

Nothing is good in this company, I had worst experience ever. They don't care about your problems they only need there benefits,all officer's are rude they don't do anything except giving orders to DETs

Job security - Excellent

Dislikes

Salary Officers behaviour Leave They don't care about you they only care about there benefits

Salary - Bad

+4 more

Lead Engineer in Chennai

Power Train Department

4.0

• posted on 19 Aug 2022

3.0

for Salary and Benefits

Likes

Hands on work for all technical work which in most of other OEM are done by consultant. Due to this learning growth is enormous. Beautiful campus are MRV chennai.

Skill development - Excellent

+3 more

Dislikes

...uirement you may be asked to work 7 days a week. Work life balance is not good. Salary negotiations should be very very carefully at the time of interview.

Design Engineer in Chengalpattu

Research & Development Department

3.0

• posted on 31 Oct 2022

1.0

for Salary and Benefits

Likes

Learning wise it is best company incase you are not bothered about salary and hike.

Skill development - Excellent

+2 more

Dislikes

You can learn but cant earn. Appraisal is not depends upon your achievements, talent and hard work. Work life balancing will not be satisfactory.

Salary - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Mahindra & Mahindra Assistant Manager - R&D Salary FAQs

What is the salary of Assistant Manager - R&D at Mahindra & Mahindra in Chennai?

The average salary of a Assistant Manager - R&D at Mahindra & Mahindra in Chennai typically ranges from ₹4.8 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Assistant Manager - R&D in Chennai at Mahindra & Mahindra earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Assistant Manager - R&D Salaries at Mahindra & Mahindra 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 6 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Assistant Manager - R&D at Mahindra & Mahindra in Chennai?

The estimated take-home salary of a Assistant Manager - R&D at Mahindra & Mahindra in Chennai typically ranges from ₹56,221 to ₹57,631 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹8.3 Lakhs per year for employees with experience ranging from 4 years to 7 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 6 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Assistant Manager - R&D in India?

Renault Nissan Technology & Business Centre India	₹12.1 Lakhs to ₹14.5 Lakhs per year
Tractors and Farm Equipment	₹9.2 Lakhs to ₹11.0 Lakhs per year
Royal Enfield	₹7.1 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Assistant Manager - R&D in companies similar to Mahindra & Mahindra in Chennai?

The salary of a Assistant Manager - R&D at companies similar to Mahindra & Mahindra in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Rane (Madras)	₹5.2 Lakhs to ₹7.2 Lakhs per year
Simpson	₹5.7 Lakhs to ₹6.3 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 Assistant Manager - R&D at Mahindra & Mahindra in Chennai?

The salary growth for a Assistant Manager - R&D at Mahindra & Mahindra in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager - R&D in Chennai can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
4 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
5 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
6 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year

and so on.

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Mahindra & Mahindra Assistant Manager - R&D Salaries in Chennai

Mahindra & Mahindra Assistant Manager - R&D salary in Chennai ranges between ₹4.8 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.