Mahindra & Mahindra Spares Executive Salaries by 5 Employees

0 - 2 years exp.

₹1 Lakh - ₹2.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Spares Executive Salary in Automobile Companies for 0 - 2 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Mahindra & Mahindra for Spares Executive

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Spares Executive Salary 4 - 9 years exp. (7 salaries)	₹1.6 L/yr - ₹2.4 L/yr 26% more
Tata Motors Spares Executive Salary 1 - 4 years exp. (5 salaries)	₹0.5 L/yr - ₹2.4 L/yr 16% more
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Hyundai Motor India Limited Spares Executive Salary 4 - 12 years exp. (5 salaries)	₹2 L/yr - ₹2.4 L/yr 53% more
Honda Spares Executive Salary 0 - 5 years exp. (5 salaries)	₹1.2 L/yr - ₹2.3 L/yr 37% more
Ashok Leyland Spares Executive Salary 4 - 10 years exp. (4 salaries)	₹1 L/yr - ₹7.4 L/yr 98% more
TVS Motor Spares Executive Salary 0 - 5 years exp. (4 salaries)	₹1.1 L/yr - ₹1.2 L/yr 24% less
SML Isuzu Spares Executive Salary 2 - 4 years exp. (3 salaries)	₹1 L/yr - ₹2.2 L/yr 4% less
Bajaj Auto Spares Executive Salary 2 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 79% more
Ford Motor Spares Executive Salary 1 - 7 years exp. (3 salaries)	₹1 L/yr - ₹1.6 L/yr 2% less
Toyota Spares Executive Salary 2 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr 45% more

Spares Executive salary at Mahindra & Mahindra ranges between ₹1 Lakh to ₹2.1 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Spares Executive salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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2 years (3 salaries)	₹1 L/yr - ₹1.5 L/yr

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Salary related reviews for Mahindra & Mahindra

Mechanical Technician in Bhiwani

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Skill development

Skill development - Good

Dislikes

... supreme mobile They don’t even think 1% about their workers Their goal is to take more from the workers and give less salary

Salary - Bad

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3.0

• posted on 09 Dec 2021

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There is a lot of politics and the management does not address aur issues.salary is decent but career growth is slow. On the job training is not given to new joinees

CNC Machine Operator in Nagpur

Production, Manufacturing & Engineering Department

1.0

• posted on 06 Oct 2021

1.0

for Salary and Benefits

Likes

Nothing like that , its too cheap behaving like that politics no value the persons and the job securities is 0% sureness because they are not inform to DET boys to regination after 15 days and all that ....they are directly regine to the hard working boys.....its too cheap.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign. On the job training is not given to new joinees. He will not give any intimation before regin,they call and tolk for resignation before 2 year complete, claim any one please to stop like that

Salary - Bad

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Service Advisor in Dahod

Production, Manufacturing & Engineering Department

5.0

• posted on 04 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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ITI Welder in Mumbai

Teaching & Training Department

4.0

• posted on 21 Oct 2019

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for Salary and Benefits

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The company is open to innovation and readily adopts latest technology .I love the fact that I am a part of a team that markets reliable high-quality products and has a global client base.

Dislikes

Compensation is decent,but growth is slow.The work pressure is very high.

Salary - Bad

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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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Mahindra & Mahindra Spares Executive Salary FAQs

What is the salary of Spares Executive at Mahindra & Mahindra ?

The average salary of a Spares Executive at Mahindra & Mahindra in India typically ranges from ₹1.0 Lakhs to ₹2.1 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Spares Executive at Mahindra & Mahindra earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Spares Executive 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 5 Mahindra & Mahindra employees in India.

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

The estimated take-home salary of a Spares Executive at Mahindra & Mahindra in India typically ranges from ₹9,702 to ₹10,757 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from Fresher to 2 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 5 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 Spares Executive in India?

Ashok Leyland	₹1.0 Lakhs to ₹7.4 Lakhs per year
Bajaj Auto	₹1.8 Lakhs to ₹3.0 Lakhs per year
Hyundai Motor India Limited	₹2.0 Lakhs to ₹2.4 Lakhs per year
Toyota	₹1.2 Lakhs to ₹3.0 Lakhs per year
Honda	₹1.2 Lakhs to ₹2.3 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 Spares Executive in companies similar to Mahindra & Mahindra in India?

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

Maruti Suzuki	₹1.6 Lakhs to ₹2.4 Lakhs per year
Tata Motors	₹0.5 Lakhs to ₹2.4 Lakhs per year
Ford Motor	₹1.0 Lakhs to ₹1.6 Lakhs per year
SML Isuzu	₹1.0 Lakhs to ₹2.2 Lakhs per year
TVS Motor	₹1.1 Lakhs to ₹1.2 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 Spares Executive at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹1.8 Lakhs per year
1 year	₹1.3 Lakhs to ₹1.7 Lakhs per year
2 years	₹1.0 Lakhs to ₹1.5 Lakhs per year

and so on.

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Mahindra & Mahindra Spares Executive Salaries

Mahindra & Mahindra Spares Executive salary in India ranges between ₹1 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.