Mahindra & Mahindra Cluster Business Head Salaries by 8 Employees

11 - 18 years exp.

₹17 Lakhs - ₹35 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

75% more than the average Cluster Business Head Salary in Automobile Companies for 11 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations Cluster Business Head Salary 11 - 14 years exp. (3 salaries)	₹17 L/yr - ₹23 L/yr
Sales & Business Development Cluster Business Head Salary 15 - 18 years exp. (3 salaries)	₹24.1 L/yr - ₹35 L/yr
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Production, Manufacturing & Engineering Cluster Business Head Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹23 L/yr

Last Updated: 11 Oct 2024

Companies similar to Mahindra & Mahindra for Cluster Business Head

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Cluster Business Head Salary 6 - 15 years exp. (192 salaries)	₹5 L/yr - ₹12 L/yr 63% less
Hinduja Housing Finance Cluster Business Head Salary 5 - 13 years exp. (157 salaries)	₹4.2 L/yr - ₹12 L/yr 67% less
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IIFL Home Finance Cluster Business Head Salary 9 - 16 years exp. (44 salaries)	₹8 L/yr - ₹15 L/yr 50% less
AU Small Finance Bank Cluster Business Head Salary 8 - 22 years exp. (28 salaries)	₹11 L/yr - ₹24 L/yr 31% less
Yes Bank Cluster Business Head Salary 12 - 18 years exp. (23 salaries)	₹14.2 L/yr - ₹30 L/yr 11% more

Cluster Business Head salary at Mahindra & Mahindra ranges between ₹17 Lakhs to ₹35 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 8 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Cluster Business Head salaries

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹17 L/yr - ₹35.2 L/yr
12 years (AmbitionBox Estimate)	₹17 L/yr - ₹36.9 L/yr
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13 years (AmbitionBox Estimate)	₹19 L/yr - ₹38.5 L/yr
14 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹23 L/yr
15+ years (3 salaries)	₹9.8 L/yr - ₹35 L/yr

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Salary related reviews for Mahindra & Mahindra

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Area Sales Manager in Udaipur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

Job security - Excellent

+1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

Promotions - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

Sales Manager in Raipur

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jun 2019

1.0

for Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

Dislikes

Salary - Bad
Skill development - Bad

+4 more

see more salary related reviews

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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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Mahindra & Mahindra Cluster Business Head Salary FAQs

What is the salary of Cluster Business Head at Mahindra & Mahindra ?

The average salary of a Cluster Business Head at Mahindra & Mahindra in India typically ranges from ₹17.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Cluster Business Head at Mahindra & Mahindra earn more than ₹33.1 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Cluster Business Head 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 8 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Cluster Business Head at Mahindra & Mahindra in India?

The estimated take-home salary of a Cluster Business Head at Mahindra & Mahindra in India typically ranges from ₹1,46,605 to ₹1,52,097 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 8 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 Cluster Business Head in India?

Yes Bank

₹14.2 Lakhs to ₹30.0 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 Cluster Business Head in companies similar to Mahindra & Mahindra in India?

The salary of a Cluster Business Head at companies similar to Mahindra & Mahindra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank	₹11.0 Lakhs to ₹24.0 Lakhs per year
IIFL Home Finance	₹8.0 Lakhs to ₹15.0 Lakhs per year
Canara HSBC Life Insurance	₹5.0 Lakhs to ₹12.0 Lakhs per year
Hinduja Housing Finance	₹4.2 Lakhs to ₹12.0 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 Cluster Business Head at Mahindra & Mahindra in India?

The salary growth for a Cluster Business Head at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Cluster Business Head can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
11 years	₹17.0 Lakhs to ₹35.2 Lakhs per year
12 years	₹17.0 Lakhs to ₹36.9 Lakhs per year
13 years	₹19.0 Lakhs to ₹38.5 Lakhs per year
14 years	₹8.9 Lakhs to ₹23.0 Lakhs per year

and so on.

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Mahindra & Mahindra Cluster Business Head Salaries

Mahindra & Mahindra Cluster Business Head salary in India ranges between ₹17 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.