Medha Servo Drives Manager Salaries by 8 Employees (Updated 2024)

11 - 17 years exp.

₹22 Lakhs - ₹32 Lakhs

Low Confidence

Salary of majority employees

64% more than the average Manager Salary in Electrical Equipment Companies for 11 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹30 L/yr
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Project & Program Management Manager Salary 13 - 17 years exp. (AmbitionBox Estimate)	₹31.2 L/yr - ₹32 L/yr

Last Updated: 14 Dec 2024

Companies similar to Medha Servo Drives for Manager

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Manager salary at Medha Servo Drives ranges between ₹22 Lakhs to ₹32 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 8 latest salaries received from various employees of Medha Servo Drives.

Experience wise Medha Servo Drives Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹46.6 L/yr
12 years (AmbitionBox Estimate)	₹24.5 L/yr - ₹46.8 L/yr
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13 years (3 salaries)	₹10.5 L/yr - ₹32 L/yr
14 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹30 L/yr
15+ years (AmbitionBox Estimate)	₹10.7 L/yr - ₹32 L/yr

Similar Designation salaries in Medha Servo Drives

Deputy Manager Salary

(4 salaries)

₹16.5 L/yr - ₹19.73 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Medha Servo Drives

4.7

Rated by 2 employees for salary & benefits

R&D Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 17 Nov 2023

3.0

for Salary and Benefits

Likes

Yearly twice increment and field of work

Dislikes

Not a 5 day office. Lot of deductions from salary that you can't expect. No difference in salary if highly performed, get same amount of money of less skilled people.

Purchase Engineer in Hyderabad / Secunderabad

Full Time

Research & Development Department

1.0

• posted on 28 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing good

Dislikes

...acting people 2.No respect 3.Work pressure was too high 4.Seniors domination 5.No salary hike Believe me if you have done 1 hour work your need to waste 3 hours of time to show your work Bad words spoken by General manager

Assistant Purchase Executive in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

4.0

• posted on 22 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture.Company policies are good,Teammates are supportive &This the place where we can develop knowledge & Skills,Company give good salary hike and bonus every year

Dislikes

There is a lot of politics & Seniors doesn't address our issue in my department.

Senior Engineer in Hyderabad / Secunderabad

Full Time

Environment Health & Safety Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

...t. Top Management is working very hard to take the organization to next level. They paid full salary during lockdown and later reduced the no. of leaves, reduced bonus and increment to 30% of actual amount for that year.

Dislikes

HR is weak. HR policies can be improved.

Engineer- Customer Support in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 14 May 2022

4.0

for Salary and Benefits

Likes

There is a large scope to improve one's knowledge in many fields in this organization. Management take care for their employees in regard of the Personal Health and Work Environmental Health.

Dislikes

Compensation is decent, but growth is slow.

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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Medha Servo Drives Manager Salary FAQs

What is the salary of Manager at Medha Servo Drives?

Manager salary at Medha Servo Drives in India ranges between ₹22.0 Lakhs to ₹32.0 Lakhs for experience between 11 years to 17 years. According to our estimates it is 64% more than the average Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Medha Servo Drives India.

How does the salary of a Manager at Medha Servo Drives India compare with the average salary range for this job?

The average salary of a Manager at Medha Servo Drives is 64% more than the average salary of a Manager in India. To know exact salary insights, login to view.

What is the salary of a Manager in companies similar to Medha Servo Drives in India?

BHEL Manager Salary - ₹14.0 Lakhs to ₹34.0 Lakhs per year
Amphenol Interconnect Manager Salary - ₹13.5 Lakhs to ₹28.0 Lakhs per year
Honeywell Automation Manager Salary - ₹10.0 Lakhs to ₹33.9 Lakhs per year
Raychem RPG Manager Salary - ₹10.8 Lakhs to ₹25.5 Lakhs per year
CG Power and Industrial Solutions Manager Salary - ₹10.0 Lakhs to ₹26.5 Lakhs per year

What is the estimated take home salary of a Manager at Medha Servo Drives in India?

The estimated take-home salary of a Manager at Medha Servo Drives ranges between ₹1,65,951 per month to ₹1,72,318 per month in India. The take-home salary calculation is based on the average Medha Servo Drives Manager salary in India which ranges between ₹22.0 Lakhs to ₹32.0 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Manager at Medha Servo Drives?

According to AmbitionBox, 100% of the Medha Servo Drives Managers reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Medha Servo Drives Manager Salaries

Medha Servo Drives Manager salary in India ranges between ₹22 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.