Mahindra & Mahindra Spares Manager Salaries by 5 Employees

3 - 10 years exp.

₹0.7 Lakh - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Spares Manager Salary in Automobile Companies for 3 - 10 years of experience

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Salaries in different departments

Project & Program Management Spares Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹0.6 L/yr - ₹0.8 L/yr
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Production, Manufacturing & Engineering Spares Manager Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 9 Mar 2024

Companies similar to Mahindra & Mahindra for Spares Manager

Company name	Avg Annual Salary	Open Jobs
Honda Spares Manager Salary 1 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 95% more
Mahindra Automotives Spares Manager Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 107% more
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Ather Energy Spares Manager Salary 2 - 9 years exp. (5 salaries)	₹3 L/yr - ₹4.2 L/yr 146% more
Royal Enfield Spares Manager Salary 4 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 87% more
Spinny Spares Manager Salary 9 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹9.9 L/yr 309% more

Spares Manager salary at Mahindra & Mahindra ranges between ₹0.7 Lakh to ₹2.1 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Spares Manager salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
7 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
8 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
9 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.7 L/yr
10 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.3 L/yr

View all

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Salary related reviews for Mahindra & Mahindra

5.0

Rated by 1 employees for salary & benefits

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.

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

Deputy Manager in Pune

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 04 Oct 2018

3.0

for Salary and Benefits

Likes

Work Life Balance is good. Management keeps an eye on your learning needs. You are free to do innovation on your work area.

Skill development - Good

+1 more

Dislikes

Salary structure is very poor. Growth is very less compared to other automobile manufacturers.

Deputy Manager in Zaheerabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

A lots of things to learn and u always get opportunity to prove yourself. Compensation is also good No issue of leaves

Salary - Good

+5 more

Dislikes

Production team has to do each and everything. Less support from CPE , RQA & PQA

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra & Mahindra Spares Manager Salary FAQs

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

The average salary of a Spares Manager at Mahindra & Mahindra in India typically ranges from ₹0.7 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 3 years to 10 years).

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

The estimated take-home salary of a Spares Manager at Mahindra & Mahindra in India typically ranges from ₹10,413 to ₹11,529 per month. This is based on the average salary range of ₹0.7 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 3 years to 10 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 Manager in India?

Spinny	₹4.2 Lakhs to ₹9.9 Lakhs per year
Ather Energy	₹3.0 Lakhs to ₹4.2 Lakhs per year
Mahindra Automotives	₹3.0 Lakhs to ₹3.5 Lakhs per year
Honda	₹2.3 Lakhs to ₹3.5 Lakhs per year
Royal Enfield	₹1.8 Lakhs to ₹3.0 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.

How the salary growth look like for a Spares Manager at Mahindra & Mahindra in India?

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

Experience	Average Salary Range
3 years	₹2.0 Lakhs to ₹2.0 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
5 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹0.7 Lakhs to ₹2.0 Lakhs per year

and so on.

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Mahindra & Mahindra Spares Manager Salaries

Mahindra & Mahindra Spares Manager salary in India ranges between ₹0.7 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.