Pennar Industries Associate Manager Salaries by 7 Employees

11 - 18 years exp.

₹7.4 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

Fixed (89%)

₹7.9 Lakhs

Variable (11%)

₹0.9 Lakh

43% less than the average Associate Manager Salary in Engineering & Construction Companies for 11 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Associate Manager Salary 11 - 18 years exp. (6 salaries)	₹7.4 L/yr - ₹9.4 L/yr
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Sales & Business Development Associate Manager Salary 13 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹10 L/yr

Last Updated: 1 Aug 2024

Companies similar to Pennar Industries for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Gayatri Projects Associate Manager Salary 2 - 13 years exp. (16 salaries)	₹6 L/yr - ₹11 L/yr 11% less
L&T Construction Associate Manager Salary 3 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹14.7 L/yr 14% more
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Accenture Associate Manager Salary 6 - 19 years exp. (16.7k salaries)	₹14.5 L/yr - ₹40.2 L/yr 197% more	145 job openings
HCLTech Associate Manager Salary 0 - 16 years exp. (2.9k salaries)	₹5 L/yr - ₹16 L/yr 18% more
Standard Chartered Associate Manager Salary 3 - 17 years exp. (2.3k salaries)	₹5.4 L/yr - ₹20 L/yr 31% more

Associate Manager salary at Pennar Industries ranges between ₹7.4 Lakhs to ₹10 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Pennar Industries.

Experience wise Pennar Industries Associate Manager salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.5 L/yr
12 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.4 L/yr
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13 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
15+ years (AmbitionBox Estimate)	₹7.4 L/yr - ₹15.4 L/yr

Similar Designation salaries in Pennar Industries

Project Manager Salary

(12 salaries)

₹7.95 L/yr - ₹15 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹0.4 L/yr - ₹0.5 L/yr

Senior Engineer Salary

(113 salaries)

₹3 L/yr - ₹7.6 L/yr

Team Lead Salary

(3 salaries)

₹8.2 L/yr - ₹9.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Pennar Industries

3.0

Rated by 1 employees for salary & benefits

Tool Room Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Aug 2024

1.0

for Salary and Benefits

Likes

Flexible and safe work place. Respects individual ideas and explores every idea benefiting the organization.

Skill development - Good

+1 more

Dislikes

This company give me a low salary. My career growth is no improvement in this company. My present salary is very low to maintain my family expenses.

Salary - Bad

+2 more

Assistant Manager - Production in Hyderabad / Secunderabad

Full Time

Media Production & Entertainment Department

3.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Work Life Balance

Skill development - Excellent

+3 more

Dislikes

...ugh they don't bother about others. But there is no financial issues in company. For every 2-3 years you will get increments with different structures in salary.

Company culture - Poor

Assistant Manager Finance in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 12 Sep 2023

1.0

for Salary and Benefits

Likes

No pressure on time

Dislikes

No bonus No increment No promotion One person with good contact can have promotion every two years but another person receive promotion only after 10 years No proper support from HR Old and outdated laptops are used

Salary - Bad

+6 more

Assistant Electrical And Automation Manager in Patancheru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 08 Jun 2023

2.0

for Salary and Benefits

Likes

Duty,leaves are good,canteen & facilities good,documentation is good.

Company culture - Excellent

+1 more

Dislikes

...for documentation, no value for graduates, reporting from bottom level not good. There is no fix date for salary,pbt policy is not good.

Salary - Poor

+1 more

Assistant Manager in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 30 Jan 2023

3.0

for Salary and Benefits

Likes

Flexible office timings

Work-life balance - Excellent

Dislikes

Salary deduction based on company performance (PEB intensives) No value in accounts department for your post Before joining they will say company will outperform all the times but they deduct peb intensives as company is not reached goles Your job is more like settlements of vendors

Promotions - Poor

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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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Pennar Industries Associate Manager Salary FAQs

What is the salary of Associate Manager at Pennar Industries ?

The average salary of a Associate Manager at Pennar Industries in India typically ranges from ₹7.4 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Associate Manager at Pennar Industries earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Associate Manager Salaries at Pennar Industries 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 7 Pennar Industries employees in India.

What is the estimated take home salary of a Associate Manager at Pennar Industries in India?

The estimated take-home salary of a Associate Manager at Pennar Industries in India typically ranges from ₹64,439 to ₹66,082 per month. This is based on the average salary range of ₹7.4 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 11 years to 18 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 7 salaries received from various employees of Pennar Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Pennar Industries for Associate Manager in India?

Accenture	₹14.5 Lakhs to ₹40.2 Lakhs per year
Standard Chartered	₹5.4 Lakhs to ₹20.0 Lakhs per year
HCLTech	₹5.0 Lakhs to ₹16.0 Lakhs per year
L&T Construction	₹4.4 Lakhs to ₹14.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Pennar Industries, depending on the role and experience level.

What is the salary of a Associate Manager in companies similar to Pennar Industries in India?

The salary of a Associate Manager at companies similar to Pennar Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gayatri Projects

₹6.0 Lakhs to ₹11.0 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 Associate Manager at Pennar Industries in India?

The salary growth for a Associate Manager at Pennar Industries depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at Pennar Industries:

Experience	Average Salary Range
11 years	₹8.0 Lakhs to ₹16.5 Lakhs per year
12 years	₹8.0 Lakhs to ₹9.4 Lakhs per year
13 years	₹8.4 Lakhs to ₹10.0 Lakhs per year
14 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

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Pennar Industries Associate Manager Salaries

Pennar Industries Associate Manager salary in India ranges between ₹7.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Pennar Industries latest salaries received from various employees of Pennar Industries.