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Nitco Manager salaries in Mumbai

Annual salary range
10 - 25 years exp.
₹10.5 Lakhs - ₹12.6 Lakhs
Salary of majority employees
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29% less than the average Manager Salary in Building Material Companies for 10 - 25 years of experience

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Salaries in different departments

UX, Design & Architecture
Manager Salary
10 - 25 years exp. (3 salaries)
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₹11.3 L/yr - ₹12.6 L/yr

Sales & Business Development
Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹10.5 L/yr - ₹12.9 L/yr

Last Updated: 15 Mar 2023

Companies similar to Nitco for Manager in Mumbai

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Nitco Manager Salary

10 - 25 years exp. (5 salaries)

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₹10.5 L/yr - ₹12.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ACC Manager Salary

10 - 17 years exp. (10 salaries)

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₹12 L/yr - ₹25.4 L/yr

arrow icon 83% more
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Ambuja Cements Manager Salary

12 - 27 years exp. (8 salaries)

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₹15.6 L/yr - ₹25 L/yr

arrow icon 78% more
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HIL Limited Manager Salary

13 - 18 years exp. (8 salaries)

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₹10 L/yr - ₹16 L/yr

arrow icon 10% more
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Maharashtra Seamless Manager Salary

14 - 19 years exp. (5 salaries)

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₹9 L/yr - ₹12.7 L/yr

arrow icon 1% less
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Welspun World Manager Salary

9 - 14 years exp. (5 salaries)

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₹9 L/yr - ₹23.2 L/yr

arrow icon 32% more
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Cera Sanitaryware Manager Salary

11 - 21 years exp. (4 salaries)

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₹9 L/yr - ₹20.4 L/yr

arrow icon 30% more
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Man Industries Manager Salary

0 - 9 years exp. (4 salaries)

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₹12.8 L/yr - ₹15 L/yr

arrow icon 13% more
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Everest Industries Manager Salary

14 - 18 years exp. (4 salaries)

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₹15.7 L/yr - ₹19 L/yr

arrow icon 52% more
Manager salary at Nitco ranges between ₹10.5 Lakhs to ₹12.6 Lakhs per year for employees with experience between 10 years to 25 years. Salary estimates are based on 5 latest salaries received from various employees of Nitco.

Experience wise Nitco Manager salaries in Mumbai

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13.1 L/yr
14 years (AmbitionBox Estimate)

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₹10.3 L/yr - ₹13.2 L/yr
View all

Similar Designation salaries in Nitco

Deputy Manager Salary
(17 salaries)
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₹5.5 L/yr - ₹15.95 L/yr

Salary related reviews for Nitco

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 11 Oct 2023

2.0
 for  Salary and Benefits

Likes

Brand name is strong in the market. Saturday-Sundays are off. Flexible working hours, can do work from home if needed. Supportive staff.

read more
  • Work-life balance - Good

Dislikes

... no benefits other than PF, Gratuity and 2 lacs medical (which is insufficient). No incentives, no bonus. Very less than average company culture. Brainless recruitments.

read more
  • Salary - Poor
  • +3 more

Marketing & Communication Department

2.0
  •  posted on 17 Oct 2022

2.0
 for  Salary and Benefits

Likes

1) Work Life balance is good. 2) Brand Image and Brand Name is good in the Industry. 3) Using brand name of NITCO, one can get good job. 4) Work Exposure is Good. 5) Opportunities for Self learning. 6) Work environment is Good. No office politics. 7) It's a Floating company. 8) Management putting effort to improve companies position. 9) Good company to start the career, as one can learn a lot. 10) Industry respects the people from NITCO brand and they receives good opportunities. 11) Company has good brand name in the market and demand for their product is high. 12) With good funding and investment, company has all the capabilities to bounce back and rise a one of the top companies.

read more
  • Work-life balance - Good

Dislikes

...ns on time. HR send a mail in May, it discuss in July and happens in October. 2) No arrears will be paid for incremental salary. 3) Promotion is not on the basis of performance and achievement. But it is barter deal on what additional role you will take. 4) Company does not have any work culture. No event, no festive celebration, nothing. 5) Medical policy is of only 2 lakhs for 90% of employees, which is too not effective. 6) HR Dept. is only for recruitment and helpless, they does not do anything else. Not even diwali. So it's basically a ship is floating in the sea, could rise and sail high OR could be sunk as well.

read more
  • Salary - Poor
  • +3 more

Finance & Accounting Department

5.0
  •  posted on 25 Jul 2018

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adipts latest technology. Every employee having Portal which was connected with SAP

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  • Salary - Excellent
  • +6 more

Dislikes

Compensation is decent, growth also good. there is no any late working and late night sittings in NITCO

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 10 May 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Most pathetic organization, MD is useless and visionless , he is should be ashamed that company is bankrupt but he only spends on himself , hr is useless , companybof 60+older age people , could have withdrawn my years I spent , big mistake on joining this

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  • Salary - Bad
  • +6 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 15 Feb 2019

5.0
 for  Salary and Benefits

Likes

As a fresher , company has given me a wonderful opportunity to experience and learn many things such as, Marketing startegies for demand generation Building secondary pipelines Negotiation skills Retailing Problem solving.... Apart from that it has given me a platform to improve, 1. Self confidence ; 2. Commitment 3. Discipline Thanks Nitco!

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  • Salary - Excellent
  • +3 more

Dislikes

Some of the problems am facing now; 1. unavailability of ready stock to supply customers. 2. Lack of branding and brand awareness 3. Non updation to recent trends and needs of customers which competitors are doing. 4. No appreciation and motivation. 5. Sometimes pressure is very high. There is a compulsion to work in sundays in monthends.

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  • Job security - Poor
  • +2 more
see more salary related reviews

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Nitco Manager Salary FAQs

What is the salary of Manager at Nitco in Mumbai?
The average salary of a Manager at Nitco in Mumbai typically ranges from ₹10.5 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 10 years to 25 years).

The top 10% of Manager in Mumbai at Nitco earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Manager Salaries at Nitco 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 Nitco employees in India.
What is the estimated take home salary of a Manager at Nitco in Mumbai?
The estimated take-home salary of a Manager at Nitco in Mumbai typically ranges from ₹83,208 to ₹85,381 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 10 years to 25 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 Nitco. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Nitco for Manager in India?
ACC ₹12.0 Lakhs to ₹25.4 Lakhs per year
Ambuja Cements ₹15.6 Lakhs to ₹25.0 Lakhs per year
Everest Industries ₹15.7 Lakhs to ₹19.0 Lakhs per year
Welspun World ₹9.0 Lakhs to ₹23.2 Lakhs per year
Cera Sanitaryware ₹9.0 Lakhs to ₹20.4 Lakhs per year

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

Man Industries ₹12.8 Lakhs to ₹15.0 Lakhs per year
HIL Limited ₹10.0 Lakhs to ₹16.0 Lakhs per year
Maharashtra Seamless ₹9.0 Lakhs to ₹12.7 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 Nitco in Mumbai?
The salary growth for a Manager at Nitco in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at Nitco:

Experience Average Salary Range
10 years ₹10.0 Lakhs to ₹12.8 Lakhs per year
11 years ₹10.1 Lakhs to ₹12.9 Lakhs per year
12 years ₹10.1 Lakhs to ₹13.0 Lakhs per year
13 years ₹10.2 Lakhs to ₹13.1 Lakhs per year
and so on.

Tell us how to improve this page.

Nitco Manager salary in Mumbai ranges between ₹10.5 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Nitco latest salaries received from various employees of Nitco.