Microtek Forgings Manager Salaries by 5 Employees

14 - 22 years exp.

₹8.4 Lakhs - ₹9.5 Lakhs

Salary of majority employees

47% less than the average Manager Salary in Automobile Companies for 14 - 22 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.5 L/yr
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Research & Development Manager Salary 21 - 22 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.2 L/yr

Last Updated: 17 Oct 2024

Companies similar to Microtek Forgings for Manager

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Manager salary at Microtek Forgings ranges between ₹8.4 Lakhs to ₹9.5 Lakhs per year for employees with experience between 14 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Microtek Forgings.

Experience wise Microtek Forgings Manager salaries

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
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15+ years (4 salaries)	₹8.4 L/yr - ₹15.6 L/yr

Similar Designation salaries in Microtek Forgings

Deputy Manager Salary

(4 salaries)

₹6 L/yr - ₹7.2 L/yr

Salary related reviews for Microtek Forgings

Assistant Manager in Bawal

Full Time

Quality Assurance Department

1.0

• posted on 15 Dec 2024

3.0

for Salary and Benefits

Likes

Only salary comes on time.

Dislikes

Culture- Worst, politics - Extream, Management- 3rd class, work pressure- Extream, Motivation - Nil, No new comer can survive here. Any how by hook or crook they will not continue with u. Only old guys are trustable. They will insult you every time in front of everyone. You will be threatened that you might lose your job. If you do the right thing, nothing will happen..if you make even one mistake, then understand how much they will humiliate you.

Skill development - Bad

+5 more

Divisional Manager in Bawal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 21 Nov 2023

4.0

for Salary and Benefits

Likes

M/S Microtek Forgings is a good platform to showcase our performance and give chance to implement new innovative technologies. Here is more focus on his employee discipline.

Salary - Good

+6 more

Dislikes

M/S Microtek Forgings not compromise with any type of undiscipline and unpunctuality.

Assistant General Manager Production in Bawal

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 02 May 2022

4.0

for Salary and Benefits

Likes

Not good for new comer. Appraisal are not transparent. Hikes are not sure that some one will get yearly. Other perks are intact but not fixed at any time it can be changed. Management not transparent at all.

Salary - Good

+3 more

Dislikes

Working time is not fixed for middle and upper lavel employees.

Junior Executive

Research & Development Department

4.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

It is a good company for learning specialy in Design & Development Department. There are many learning apportunities like software, training etc in Design Department. There are multiple types of components which are very useful for a learner.

Skill development - Good

+1 more

Dislikes

There is very bed politics. No value of telent and Employs feels a pressure like bonded Labor. One things is very bed there, Employees can't go to Home timely after his duty they have to work after duty hours.

Company culture - Bad

+1 more

Jr. Executive Design

Research & Development Department

4.0

• posted on 17 Mar 2018

3.0

for Salary and Benefits

Likes

It is good manufacturing company of forgings. There are many learning equipment and machinery which will be helf to grow our skills. Specifically in design & Development there are many learning opportunities.

Skill development - Excellent

+2 more

Dislikes

Politics

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a manager - business analyst

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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Microtek Forgings Manager Salary FAQs

What is the salary of Manager at Microtek Forgings ?

The average salary of a Manager at Microtek Forgings in India typically ranges from ₹8.4 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 14 years to 22 years).

The top 10% of Manager at Microtek Forgings earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Manager Salaries at Microtek Forgings 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 Microtek Forgings employees in India.

What is the estimated take home salary of a Manager at Microtek Forgings in India?

The estimated take-home salary of a Manager at Microtek Forgings in India typically ranges from ₹63,802 to ₹65,426 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 14 years to 22 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 Microtek Forgings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Microtek Forgings for Manager in India?

Toyota Kirloskar Motor	₹21.0 Lakhs to ₹75.0 Lakhs per year
Ford Motor	₹18.0 Lakhs to ₹52.0 Lakhs per year
Kia Motors	₹18.0 Lakhs to ₹36.0 Lakhs per year
suzuki motor gujarat	₹17.0 Lakhs to ₹37.0 Lakhs per year
Renault Nissan Technology & Business Centre India	₹15.0 Lakhs to ₹37.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Microtek Forgings, depending on the role and experience level.

What is the salary of a Manager in companies similar to Microtek Forgings in India?

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

Maruti Suzuki	₹11.2 Lakhs to ₹39.0 Lakhs per year
Honda Cars	₹15.0 Lakhs to ₹42.0 Lakhs per year
Honda	₹15.0 Lakhs to ₹39.3 Lakhs per year
Bajaj Auto	₹10.0 Lakhs to ₹36.0 Lakhs per year
Hero MotoCorp	₹12.0 Lakhs to ₹30.8 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 Manager at Microtek Forgings in India?

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

Experience	Average Salary Range
14 years	₹8.2 Lakhs to ₹10.5 Lakhs per year
15 years	₹8.4 Lakhs to ₹15.6 Lakhs per year

and so on.

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Microtek Forgings Manager Salaries

Microtek Forgings Manager salary in India ranges between ₹8.4 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Microtek Forgings latest salaries received from various employees of Microtek Forgings.