Midas Electronics Territory Sales Manager Salaries by 4 Employees

1 - 7 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Salary of majority employees

56% less than the average Territory Sales Manager Salary for 1 - 7 years of experience

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Salaries in different departments

Marketing & Communication Territory Sales Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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Sales & Business Development Territory Sales Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 5 Jun 2023

Companies similar to Midas Electronics for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
Barry Callebaut Territory Sales Manager Salary 3 - 15 years exp. (7 salaries)	₹7.5 L/yr - ₹14.8 L/yr 244% more
Glen Appliances Territory Sales Manager Salary 4 - 10 years exp. (5 salaries)	₹4 L/yr - ₹5.2 L/yr 32% more
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National Instruments Territory Sales Manager Salary 2 - 5 years exp. (4 salaries)	₹12.8 L/yr - ₹23.6 L/yr 378% more
Bharti Airtel Territory Sales Manager Salary 0 - 15 years exp. (1.3k salaries)	₹2.7 L/yr - ₹11.3 L/yr 89% more	9 job openings
IDFC FIRST Bank Territory Sales Manager Salary 1 - 12 years exp. (835 salaries)	₹3.4 L/yr - ₹12.5 L/yr 152% more

Territory Sales Manager salary at Midas Electronics ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Midas Electronics.

Experience wise Midas Electronics Territory Sales Manager salaries

Last Updated: 5 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Midas Electronics

Territory Manager Salary

(6 salaries)

₹3.84 L/yr - ₹4.15 L/yr

Area Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹9.2 L/yr

Territory Sales Executive Salary

(3 salaries)

₹2 L/yr - ₹2.7 L/yr

Sales Manager Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Business Development Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Midas Electronics

2.0

Rated by 1 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.

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

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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Midas Electronics Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Midas Electronics ?

The average salary of a Territory Sales Manager at Midas Electronics in India typically ranges from ₹2.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Territory Sales Manager at Midas Electronics earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Territory 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 Territory Sales Manager at Midas Electronics in India?

The estimated take-home salary of a Territory Sales Manager at Midas Electronics in India typically ranges from ₹24,391 to ₹25,839 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 7 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 Territory Sales Manager in India?

National Instruments	₹12.8 Lakhs to ₹23.6 Lakhs per year
Barry Callebaut	₹7.5 Lakhs to ₹14.8 Lakhs per year
IDFC FIRST Bank	₹3.4 Lakhs to ₹12.5 Lakhs per year
Bharti Airtel	₹2.7 Lakhs to ₹11.3 Lakhs per year
Glen Appliances	₹4.0 Lakhs to ₹5.2 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.

How the salary growth look like for a Territory Sales Manager at Midas Electronics in India?

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

Experience	Average Salary Range
1 year	₹3.5 Lakhs to ₹6.5 Lakhs per year
2 years	₹3.5 Lakhs to ₹6.4 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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Midas Electronics Territory Sales Manager Salaries

Midas Electronics Territory Sales Manager salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Midas Electronics latest salaries received from various employees of Midas Electronics.