Olive Tex Silk Mills Mumbai Salaries by 30+ Employees

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Finance & Accounting Merchandising, Retail & eCommerce Procurement & Supply Chain Strategic & Top Management

Designation	Avg Annual Salary	Open Jobs
Executive Accountant 8 - 12 years exp. · Mumbai (5 salaries)	₹3 L/yr - ₹5.5 L/yr
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Accounts & Finance Manager 21 - 23 years exp. · Mumbai (4 salaries)	₹7.5 L/yr - ₹8.4 L/yr
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Accountant 6 - 10 years exp. · Mumbai (3 salaries)	₹2.4 L/yr - ₹6.1 L/yr
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Merchandiser 2 - 7 years exp. · Mumbai (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
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Apparel Merchandiser 6 - 8 years exp. · Mumbai (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr
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Deputy General Manager 25 years exp. · Mumbai (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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Executive Assistant 8 years exp. · Mumbai (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Senior Accountant 8 years exp. · Mumbai (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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Designer cum Merchandiser 8 years exp. · Mumbai (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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Accounts & Administration Executive 3 years exp. · Mumbai (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Apparel Designer 16 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Export Executive 4 years exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Accounts Manager 21 years exp. · Mumbai (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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Head Designer Fresher · Mumbai (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
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General Manager Fresher · Mumbai (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
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Stock Incharge 6 years exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Executive 1 - 3 years exp. · Mumbai (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr
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Manager 2 - 3 years exp. · Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Designer 10 years exp. · Mumbai (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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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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Olive Tex Silk Mills Salary FAQs

How much does Olive Tex Silk Mills pay to its employees?

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

Executive Accountant	₹3 Lakhs to ₹5.5 Lakhs per year
Accounts & Finance Manager	₹7.5 Lakhs to ₹8.4 Lakhs per year
Accountant	₹2.4 Lakhs to ₹6.1 Lakhs per year
Merchandiser	₹3.8 Lakhs to ₹4.9 Lakhs per year

The highest-paying role, Executive Accountant, earns between ₹3 Lakhs to ₹5.5 Lakhs per year. The top 10% of employees earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹17 Lakhs per year. Salaries at Olive Tex Silk Mills 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 33 salaries submitted by Olive Tex Silk Mills employees. Olive Tex Silk Mills is rated 2.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Olive Tex Silk Mills , Mumbai is INR . Salary estimates are based on 30+ Olive Tex Silk Mills latest salaries received from various employees of Olive Tex Silk Mills.