Noveltech Feeds Eluru Salaries by 4 Employees

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Assistant Manager Electrical 8 - 10 years exp. · Eluru (3 salaries)	₹6.3 L/yr - ₹7.3 L/yr
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HOD Electrical 8 years exp. · Eluru (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Starting your career? Discover Noveltech Feeds fresher salaries in India

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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 Noveltech Feeds

4.0

Rated by 1 employees for salary & benefits

General Manager - Human Resources in Mumbai

Full Time

Human Resources Department

5.0

• posted on 09 Sep 2021

5.0

for Salary and Benefits

Likes

... Management has a open door policy, which helps in zero office politics culture. Company awarded increments in pandemic and ensured salary was paid on time. Factory employees were paid 50% extra pay, as a Recognition of hardship faced while traveling to work under lockdown restrictions.

Salary - Excellent

+6 more

Dislikes

Nothing. Right place to be in.

Executive Assistant in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 26 Mar 2024

1.0

for Salary and Benefits

Likes

No likes at all

Dislikes

This is the worst company I have ever seen in my entire career. MD Mr Sandeep kharkhani and Hr head Ms Sandhya Shetty are the worst leadership skills. Because of false commitments I lost my previous employment. Worst work timings. Ms Sandhya creating problems between employees and MD. Even I was hired by them and immediately I was left because of their wrong commitments. And they were not paid also. Females are not secure at all.

Salary - Bad

+6 more

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Noveltech Feeds interview questions by designations

HR Executive (1)Factory Manager (1)Software Engineer (1)

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Noveltech Feeds Salary FAQs

How much does Noveltech Feeds pay to its employees?

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

Assistant Manager Electrical	₹6.3 Lakhs to ₹7.3 Lakhs per year
HOD Electrical	₹5.4 Lakhs to ₹6.9 Lakhs per year

The highest-paying role, Marketing Manager, earns between ₹25 Lakhs to ₹42.1 Lakhs per year. The top 10% of employees earn more than ₹30 Lakhs per year, and the top 1% earn over ₹1.1 Lakhs per year. Salaries at Noveltech Feeds 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 4 salaries submitted by Noveltech Feeds employees. Noveltech Feeds is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Noveltech Feeds , Eluru is INR . Salary estimates are based on 4 Noveltech Feeds latest salaries received from various employees of Noveltech Feeds.