Mahindra & Mahindra SM Salaries by 4 Employees

3 - 8 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

50% less than the average SM Salary in Automobile Companies for 3 - 8 years of experience

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Salaries in different departments

Marketing & Communication SM Salary 3 - 8 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹7.5 L/yr
BFSI, Investments & Trading SM Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.2 L/yr
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Sales & Business Development SM Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 26 Sep 2024

Companies similar to Mahindra & Mahindra for SM

Company name	Avg Annual Salary	Open Jobs
Reliance Retail SM Salary 2 - 16 years exp. (37 salaries)	₹3.5 L/yr - ₹9.2 L/yr 20% more
American Broadcasting Company SM Salary 14 - 17 years exp. (25 salaries)	₹24 L/yr - ₹65 L/yr 798% more
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Bharat Financial Inclusion SM Salary 1 - 4 years exp. (21 salaries)	₹1.5 L/yr - ₹4.5 L/yr 46% less
ICICI Bank SM Salary 3 - 12 years exp. (19 salaries)	₹3 L/yr - ₹7.2 L/yr 12% more

SM salary at Mahindra & Mahindra ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra SM salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

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Salary related reviews for Mahindra & Mahindra

Senior Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 07 Sep 2024

2.0

for Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

Salary - Poor

+6 more

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.

Senior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 04 Feb 2023

4.0

for Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

Salary - Good

+4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

Work-life balance - 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

Customer Care Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 27 Jun 2022

1.0

for Salary and Benefits

Likes

All the above parameters are terribly rates because company has no focus on improving them. What ever they do, it is done for the eyewash not for the benefit of the employee. Employees are pressurised to give good rating in "BEST PLACE TO WORK" surveys.

Dislikes

...aisal is given to the employee in the month of August. That too with no arrears. Means employees get the same old salary for first 4 months of next financial year. Pathetic policy. S

Salary - Bad

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra SM Salary FAQs

What is the salary of SM at Mahindra & Mahindra ?

The average salary of a SM at Mahindra & Mahindra in India typically ranges from ₹2.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of SM at Mahindra & Mahindra earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. SM 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 4 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a SM at Mahindra & Mahindra in India?

The estimated take-home salary of a SM at Mahindra & Mahindra in India typically ranges from ₹33,748 to ₹35,007 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for SM in India?

American Broadcasting Company	₹24.0 Lakhs to ₹65.0 Lakhs per year
Reliance Retail	₹3.5 Lakhs to ₹9.2 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹7.2 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 SM in companies similar to Mahindra & Mahindra in India?

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

Bharat Financial Inclusion

₹1.5 Lakhs to ₹4.5 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 SM at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
5 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year

and so on.

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Mahindra & Mahindra SM Salaries

Mahindra & Mahindra SM salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.