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Modern Automotives Executive salaries in India

Annual salary range
1 - 9 years exp.
₹2.5 Lakhs - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% less than the average Executive Salary in Auto Components Companies for 1 - 9 years of experience

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Last Updated: 16 Jan 2024

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Executive salary at Modern Automotives ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Automotives.

Latest annual salaries shared by Modern Automotives Executive

1y ago
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2 years exp.
1y ago
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4 years exp.

Experience wise Modern Automotives Executive salaries

Last Updated: 16 Jan 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
View all

Similar Designation salaries in Modern Automotives

Supervisor Salary
(7 salaries)
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₹2 L/yr - ₹5.09 L/yr
QA Engineer Salary
(8 salaries)
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₹2.75 L/yr - ₹4.2 L/yr
Deputy Manager Salary
(8 salaries)
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₹6.5 L/yr - ₹8.4 L/yr
QA QC Engineer Salary
(4 salaries)
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₹1.75 L/yr - ₹2.15 L/yr
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₹3.9 L/yr - ₹6.2 L/yr
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₹1.45 L/yr - ₹4.05 L/yr
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₹5.8 L/yr - ₹11 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹1.6 L/yr - ₹3.5 L/yr
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₹2.55 L/yr - ₹5.5 L/yr

Salary related reviews for Modern Automotives

5.0

Rated by 2 employees for salary & benefits

Finance & Accounting Department

1.0
  •  posted on 08 Jul 2021

2.0
 for  Salary and Benefits

Likes

...ible. Sr. level people always pay dirty politics instead of company improvement. HR polices of the company is worst, Gratuity policy, allowance policy, appraisal, salary payment time all are very poorly managed. HR department currently handling by whom that is very unprofessional also. No fix date of salary and even salary payment is in partially basis. Company financial condition is very poor. Steel unit of the promoter group already sold out another is also NPA with bank.

read more

Dislikes

Maximum of team has left the company because of financial condition & HR Policies.

  • Salary - Poor
  • +3 more

Research & Development Department

3.0
  •  posted on 24 Oct 2019

2.0
 for  Salary and Benefits

Dislikes

compensation is decent,but growth is slow.The work pressure is very high.sometimes,i have to work 14-18 hours straight in a day as i have to attand clint calls in the evening and sometimes late into night . Managers do not value an individuals " uniqui strengths,which is why i have to take back my suggestions most of the times. I do receive appreciation emails from my clint,but they mostly go unnoticed during my mid-year appraisal .Also,there is no on job training for fresher,hence senior folks like me have to guide them step-by step,which is a pain sometimes

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 24 Oct 2018

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more
  • Job security - Good
  • +1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 19 Oct 2023

2.0
 for  Salary and Benefits

Likes

Top level management mind set as operator level. Director level people are discussing topic on tea and water not focus new business. They are working clutre like home maker ladies. They are very negative mind people and this sign is very dangerous for company growth.

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Dislikes

Immediately throw out these type of nagative mind set people from organisation otherwise company will be closed after some time.

read more
  • Salary - Poor
  • +5 more

Finance & Accounting Department

5.0
  •  posted on 27 Aug 2021

5.0
 for  Salary and Benefits

Likes

I am surprised to see the review shared by Anonymous about our company. As these comments are false and seems to be shared out of frustration by someone or our competitor. Modern Automotives, since its inception, is a professionally managed company, having 7 state-of-the-art Manufacturing facilities across India. The company's systems are strong enough to mitigate the routine issues. All the processes are well defined and processed through our strong SAP Systems. HR Policies are in place and are rigorously followed. The company is associated with renowned Auto Majors i.e. Honda, Yamaha, TVS Motors apart from Japanese OEMs i.e. Musashi, KYB and many more. as a Tier-I supplier for their Autoparts requirements in Powertrain, Suspension & Chassis. The company is on its growth trajectory. I wish the Company & all my teammates best of luck.

read more
  • Salary - Excellent
  • +6 more
see more salary related reviews

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Modern Automotives Executive Salary FAQs

What is the salary of Executive at Modern Automotives ?
The average salary of a Executive at Modern Automotives in India typically ranges from ₹2.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Executive at Modern Automotives earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Executive Salaries at Modern Automotives 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 Modern Automotives employees in India.
What is the estimated take home salary of a Executive at Modern Automotives in India?
The estimated take-home salary of a Executive at Modern Automotives in India typically ranges from ₹19,726 to ₹21,394 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 Modern Automotives. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Modern Automotives for Executive in India?
Voss Automotive ₹6.6 Lakhs to ₹11.0 Lakhs per year
Makino ₹6.0 Lakhs to ₹11.5 Lakhs per year
Tata Motors ₹2.4 Lakhs to ₹12.2 Lakhs per year
Mitsuba ₹5.4 Lakhs to ₹8.0 Lakhs per year
NS Instruments ₹6.0 Lakhs to ₹7.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Modern Automotives, depending on the role and experience level.
What is the salary of a Executive in companies similar to Modern Automotives in India?
The salary of a Executive at companies similar to Modern Automotives in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sankei Giken ₹4.0 Lakhs to ₹11.5 Lakhs per year
Hero MotoCorp ₹2.0 Lakhs to ₹11.0 Lakhs per year
Maruti Suzuki ₹1.1 Lakhs to ₹10.0 Lakhs per year
Aditya Auto Products & Engineering ₹3.5 Lakhs to ₹5.5 Lakhs per year
Jtekt Sona Automotive India ₹4.0 Lakhs to ₹4.8 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 Executive at Modern Automotives in India?
The salary growth for a Executive at Modern Automotives depends on factors such as experience, performance, and promotions. On average, a Executive can expect the following growth trajectory at Modern Automotives:

Experience Average Salary Range
1 year ₹1.0 Lakhs to ₹2.6 Lakhs per year
2 years ₹2.5 Lakhs to ₹4.7 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹1.1 Lakhs to ₹2.9 Lakhs per year
and so on.

Tell us how to improve this page.

Modern Automotives Executive salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Modern Automotives latest salaries received from various employees of Modern Automotives.