Midas Electronics Sales Manager Salaries by 4 Employees

11 - 16 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

57% less than the average Sales Manager Salary for 11 - 16 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Midas Electronics for Sales Manager

Company name	Avg Annual Salary	Open Jobs
LG Hausys Sales Manager Salary 6 - 15 years exp. (6 salaries)	₹9.6 L/yr - ₹12 L/yr 269% more
Blaser Swisslube Sales Manager Salary 9 - 12 years exp. (5 salaries)	₹20.5 L/yr - ₹25 L/yr 685% more
Login to view exact salary
Glen Appliances Sales Manager Salary 8 - 28 years exp. (5 salaries)	₹3.5 L/yr - ₹24 L/yr 344% more
Sabyasachi Couture Sales Manager Salary 13 - 16 years exp. (4 salaries)	₹15.1 L/yr - ₹23.8 L/yr 532% more
IPG Photonics Sales Manager Salary 6 - 12 years exp. (3 salaries)	₹13.5 L/yr - ₹15 L/yr 383% more
DEIF Sales Manager Salary 12 - 15 years exp. (3 salaries)	₹12 L/yr - ₹16.5 L/yr 368% more
United Electronics Company (extra) Sales Manager Salary 12 - 16 years exp. (3 salaries)	₹9.5 L/yr - ₹9.6 L/yr 219% more

Sales Manager salary at Midas Electronics ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Midas Electronics.

Experience wise Midas Electronics Sales Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
15+ years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Midas Electronics

Store Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Area Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹9.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹7.6 L/yr - ₹9.7 L/yr

Regional Manager Salary

(3 salaries)

₹10.3 L/yr - ₹16 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Territory Manager Salary

(6 salaries)

₹3.84 L/yr - ₹4.15 L/yr

Territory Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹3.6 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Midas Electronics

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 Sales Manager Salary FAQs

What is the salary of Sales Manager at Midas Electronics ?

The average salary of a Sales Manager at Midas Electronics in India typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Sales Manager at Midas Electronics earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Manager 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 estimates are based on salary data submitted by 4 Midas Electronics employees in India.

What is the estimated take home salary of a Sales Manager at Midas Electronics in India?

The estimated take-home salary of a Sales Manager at Midas Electronics in India typically ranges from ₹21,498 to ₹23,139 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 11 years to 16 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 4 salaries received from various employees of Midas Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Midas Electronics for Sales Manager in India?

Blaser Swisslube	₹20.5 Lakhs to ₹25.0 Lakhs per year
Sabyasachi Couture	₹15.1 Lakhs to ₹23.8 Lakhs per year
IPG Photonics	₹13.5 Lakhs to ₹15.0 Lakhs per year
DEIF	₹12.0 Lakhs to ₹16.5 Lakhs per year
Glen Appliances	₹3.5 Lakhs to ₹24.0 Lakhs per year

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

What is the salary of a Sales Manager in companies similar to Midas Electronics in India?

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

LG Hausys	₹9.6 Lakhs to ₹12.0 Lakhs per year
United Electronics Company (extra)	₹9.5 Lakhs to ₹9.6 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 Sales Manager at Midas Electronics in India?

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

Experience	Average Salary Range
11 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
12 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
14 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
15 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Midas Electronics Sales Manager Salaries

Midas Electronics Sales Manager salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Midas Electronics latest salaries received from various employees of Midas Electronics.

Midas Electronics Sales Manager salaries in India

Companies similar to Midas Electronics for Sales Manager

Latest annual salaries shared by Midas Electronics Sales Manager

Experience wise Midas Electronics Sales Manager salaries

Similar Designation salaries in Midas Electronics

Salary related reviews for Midas Electronics

Area Sales Manager in Patna

Territory Manager

Area Sales Manager in Hyderabad / Secunderabad

Territory Manager in Patna

Midas Electronics Sales Manager Salary FAQs

Tell us how to improve this page.