Mahindra & Mahindra Spares Manager Salaries by 5 Employees (Updated 2024)

3 - 10 years exp.

₹0.7 Lakh - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

34% 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 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 95% more
Royal Enfield Spares Manager Salary 1 - 8 years exp. (6 salaries)	₹1.5 L/yr - ₹3 L/yr 64% more
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Spinny Spares Manager Salary 9 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹9.9 L/yr 309% more
Hridaan Motors Spares Manager Salary 5 - 9 years exp. (4 salaries)	₹2.7 L/yr - ₹2.7 L/yr 73% more
Ather Energy Spares Manager Salary 2 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹4.2 L/yr 160% 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

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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.

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

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.

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.

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.

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

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 technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mahindra & Mahindra Spares Manager Salary FAQs

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

Spares Manager salary at Mahindra & Mahindra in India ranges between ₹0.7 Lakhs to ₹2.1 Lakhs for experience between 3 years to 10 years. According to our estimates it is 34% less than the average Spares Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahindra & Mahindra India.

How does the salary of a Spares Manager at Mahindra & Mahindra India compare with the average salary range for this job?

The average salary of a Spares Manager at Mahindra & Mahindra is 34% less than the average salary of a Spares Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahindra & Mahindra to a Spares Manager in India?

Spinny Spares Manager Salary - ₹4.2 Lakhs to ₹9.9 Lakhs per year
Ather Energy Spares Manager Salary - ₹3.8 Lakhs to ₹4.2 Lakhs per year
Honda Spares Manager Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Hridaan Motors Spares Manager Salary - ₹2.7 Lakhs to ₹2.7 Lakhs per year
Royal Enfield Spares Manager Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

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 ranges between ₹10,413 per month to ₹11,529 per month in India. The take-home salary calculation is based on the average Mahindra & Mahindra Spares Manager salary in India which ranges between ₹0.7 Lakhs to ₹2.1 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Spares Manager at Mahindra & Mahindra?

According to AmbitionBox, 50% of the Mahindra & Mahindra Spares Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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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.