Midas Electronics Salaries by 100+ Employees (Updated 2025)

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Sales & Business Development Customer Success, Service & Operations Human Resources Quality Assurance + 6 more

Designation	Avg Annual Salary	Open Jobs
Territory Manager 2 - 11 years exp. (6 salaries)	₹3.8 L/yr - ₹4.2 L/yr
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Area Sales Manager 5 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹9.2 L/yr
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Sales Manager 11 - 16 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr
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Territory Sales Manager 1 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹3.6 L/yr
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Senior Manager Commercial 20 - 23 years exp. (4 salaries)	₹10.8 L/yr - ₹13.8 L/yr
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Senior Quality Engineer 4 - 9 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr
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HR Executive 4 - 7 years exp. (4 salaries)	₹1.4 L/yr - ₹2.8 L/yr
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Quality Engineer 0 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹1.8 L/yr
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Linux Administrator 2 - 6 years exp. (3 salaries)	₹1.3 L/yr - ₹1.7 L/yr
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Production Engineer 1 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr
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Marketing Executive 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr
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Assistant Manager- HR 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹3.7 L/yr
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Territory Sales Executive 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹2.7 L/yr
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Product Manager 7 - 10 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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Territory Executive 0 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹3.4 L/yr
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Regional Manager 15 - 17 years exp. (3 salaries)	₹10.3 L/yr - ₹16 L/yr
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Senior Accounts Executive 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Accountant 2 years exp. (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
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Deputy Manager 10 - 11 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Zonal Manager 15 - 16 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Salary Discussions, Hike & Promotions

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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Salary related reviews for Midas Electronics

2.3

Rated by 23 employees for salary & benefits

Area Sales Manager in Patna

Full Time

Sales & Business Development Department

1.0

• posted on 15 Oct 2024

1.0

for Salary and Benefits

Likes

It's a totally pathetic company your salary and expenses is dependent upon the company management to release or not so nothing to like

Skill development - Good

Dislikes

Everything is pathetic i am join two times but all times experience is negative impacts so i suggest please don't join the company.

Salary - Bad

+5 more

Territory Manager

Sales and marketing Department

1.0

• posted on 23 Mar 2018

1.0

for Salary and Benefits

Likes

Midas electronic private limited is not good company there's working culture is too bad and senior support is terrible, salary is regularly not given on time and when ever you resigned from job then management is not clear your salary of previous month and expenses also, So over all midas is not good company it's too much terrible

Dislikes

It's terrible for employee salary issue always expenses issue working culture is too much terrible

Salary - Bad

+6 more

Area Sales Manager in Hyderabad / Secunderabad

Marketing & Communication Department

2.0

• posted on 09 Apr 2022

1.0

for Salary and Benefits

Likes

There is no security in this company. No support branding and advertising adds packing issues

Dislikes

This company is not working in distributor network complete dealer network, no manager cader jobs Sales officer jobs only suitable.

Salary - Bad

+6 more

Territory Manager in Patna

Sales & Business Development Department

4.0

• posted on 05 Nov 2018

5.0

for Salary and Benefits

Likes

We r really filing very good in company . I'm glad of Midas for give me chance of living division. Midas be SME company but it's it's product is very good in market situation like in price.

Salary - Excellent

+6 more

Dislikes

He not in carporat office to stay in Bihar market Midas ve not in company capture.

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Midas Electronics Salary FAQs

How much does Midas Electronics pay to its employees?

The average annual salary at Midas Electronics varies depending on the role, experience, and location. The salary ranges for some popular designations at Midas Electronics, are as follows:

Territory Manager	₹3.8 Lakhs to ₹4.2 Lakhs per year
Area Sales Manager	₹3.2 Lakhs to ₹9.2 Lakhs per year
Sales Manager	₹2.7 Lakhs to ₹3.5 Lakhs per year
Territory Sales Manager	₹2.8 Lakhs to ₹3.6 Lakhs per year

The highest-paying role, Area Sales Manager, earns between ₹3.2 Lakhs to ₹9.2 Lakhs per year. The top 10% of employees earn more than ₹10.1 Lakhs per year, and the top 1% earn over ₹37.1 Lakhs per year. Salaries at Midas Electronics 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 salary estimates are based on data from 157 salaries submitted by Midas Electronics employees. Midas Electronics is rated 2.3 out of 5 stars by its employees on the salary and benefits parameter.

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Midas Electronics Salaries by Location

Average annual salary in Midas Electronics is INR . Salary estimates are based on 100+ Midas Electronics latest salaries received from various employees of Midas Electronics.