Rane Group Management Trainee Salaries by 4 Employees

0 - 2 years exp.

₹4 Lakhs - ₹7 Lakhs

Salary of majority employees

35% less than the average Management Trainee Salary in Auto Components Companies for 0 - 2 years of experience

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Salaries in different departments

Human Resources Management Trainee Salary 1 - 2 years exp. (3 salaries)	₹3.6 L/yr - ₹4.4 L/yr
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Finance & Accounting Management Trainee Salary Fresher (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.7 L/yr

Last Updated: 31 Dec 2024

Companies similar to Rane Group for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Sundaram Clayton Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 56% less
Samvardhana Motherson Group Management Trainee Salary 0 - 2 years exp. (8 salaries)	₹1.6 L/yr - ₹10.4 L/yr 23% more
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Bharat Forge Management Trainee Salary 0 - 4 years exp. (26 salaries)	₹3 L/yr - ₹7.3 L/yr 17% more
Mahindra & Mahindra Management Trainee Salary 0 - 4 years exp. (88 salaries)	₹6 L/yr - ₹22 L/yr 170% more
Tata Motors Management Trainee Salary 0 - 5 years exp. (35 salaries)	₹1.9 L/yr - ₹6.7 L/yr 13% more
Ashok Leyland Management Trainee Salary 1 year exp. (3 salaries)	₹1.7 L/yr - ₹3.3 L/yr 35% less
TVS Motor Management Trainee Salary 0 - 3 years exp. (33 salaries)	₹5.4 L/yr - ₹17.5 L/yr 112% more
Hero MotoCorp Management Trainee Salary 0 - 2 years exp. (43 salaries)	₹10 L/yr - ₹17 L/yr 166% more
Maruti Suzuki Management Trainee Salary 0 - 3 years exp. (15 salaries)	₹1.8 L/yr - ₹4.5 L/yr 7% less
Bajaj Auto Management Trainee Salary 0 - 3 years exp. (56 salaries)	₹10 L/yr - ₹30.3 L/yr 322% more
Varroc Group Management Trainee Salary 0 - 5 years exp. (26 salaries)	₹12 L/yr - ₹26 L/yr 346% more
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Endurance Technologies Management Trainee Salary 0 - 2 years exp. (23 salaries)	₹2.3 L/yr - ₹4 L/yr 24% less
JBM Group Management Trainee Salary 0 - 2 years exp. (22 salaries)	₹2 L/yr - ₹4 L/yr 39% less
Spark Minda Management Trainee Salary 0 - 1 year exp. (16 salaries)	₹6.5 L/yr - ₹10 L/yr 47% more
Tata AutoComp Systems Management Trainee Salary 0 - 1 year exp. (16 salaries)	₹7 L/yr - ₹7.5 L/yr 46% more
Steel Strips Wheels Management Trainee Salary 0 - 2 years exp. (14 salaries)	₹1.8 L/yr - ₹5.2 L/yr 10% less
Asahi India Glass Management Trainee Salary 0 - 1 year exp. (12 salaries)	₹3 L/yr - ₹5 L/yr 17% less
SKF Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹14 L/yr - ₹16.5 L/yr 232% more
CIE Automotive Management Trainee Salary 0 - 3 years exp. (10 salaries)	₹1.8 L/yr - ₹6 L/yr 24% less
Gabriel India Management Trainee Salary 0 - 3 years exp. (8 salaries)	₹8.5 L/yr - ₹12 L/yr 120% more

View all

Management Trainee salary at Rane Group ranges between ₹4 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Rane Group.

Experience wise Rane Group Management Trainee salaries

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Rane Group

Finance Executive Salary

(3 salaries)

₹2.4 L/yr - ₹4.2 L/yr

Accountant Salary

(4 salaries)

₹5.8 L/yr - ₹7.5 L/yr

Team Lead Salary

(4 salaries)

₹1.85 L/yr - ₹2.4 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(11 salaries)

₹6.2 L/yr - ₹13.75 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Account Assistant Salary

(3 salaries)

₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Rane Group

3.0

Rated by 1 employees for salary & benefits

Executive in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 11 Mar 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 10-12 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.

Associate SAP MM Consultant in Chennai

Information Security Department

2.0

• posted on 24 Jul 2020

1.0

for Salary and Benefits

Likes

Company cut my salary 25%,and they are urging everyone to be office in the pandemic situation

Job security - Good

Dislikes

Low salary No free transport No childcare No gymnasium No free food No team outing No soft skills training No international relocation

Salary - Bad

+5 more

Sr.Safety Executive in Ahmedabad

Full Time

Environment Health & Safety Department

3.0

• posted on 14 Jan 2023

1.0

for Salary and Benefits

Likes

1. Good leave available : CL 10 & PL 30. & 2 shout leave for 2 hours in every month. 2. Canteen & Transportation almost free- nominal amount.

Dislikes

1. Plant head is not good for all. & Work like humiliation. 2. No work definition. Any work can you assign. Any time working time extend and any time holiday become working day. 2.1 plant runs according plant head mood. 2.2 HR is fail to perform own duty. HR like just peon. 3. Appraisals - come with relationship based not perfomance based. 4. No one can here your voice. 5. Fear with transfer you another location. 6. Every time you have good and pressurized work load. 7. Team work not available. 8. Every one pulling leg. 9. No safety here. Just it only for word. 10. No one have value yours.

Salary - Bad

+6 more

Quality Assurance/Quality Control Manager in Hyderabad / Secunderabad

Full Time

Quality Assurance Department Department

5.0

• posted on 13 Jul 2019

4.0

for Salary and Benefits

Likes

It's one of the Great place to Work atmosphere. Rane can give you more challenging opportunities to develop your innovative ideas for the problem solving. Rane motives employee when they got failure in the activity. Rane has a great culture of TQM Practice. We can develop more technical and professional things in Rane. Overall Rane can improve our career and growth.

Salary - Good

+5 more

Dislikes

Rane follows 6 Day a week Only the Work life balance. But we can have more learning in that.

Hardware & Networking Engineer in Hyderabad / Secunderabad

IT & Information Security Department

2.0

• posted on 05 Mar 2019

1.0

for Salary and Benefits

Likes

Basically it's manufacturing plant no scope in IT. And it's not recute directly its depend on 3rd party vendors like wipro... No scope to learn new thinks... For IT it's waste of time to work here...

Dislikes

No scope to improve skills...

Salary - Bad

+4 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Rane Group Management Trainee Salary FAQs

What is the salary of Management Trainee at Rane Group ?

The average salary of a Management Trainee at Rane Group in India typically ranges from ₹4.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at Rane Group earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Management Trainee Salaries at Rane Group 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 Rane Group employees in India.

What is the estimated take home salary of a Management Trainee at Rane Group in India?

The estimated take-home salary of a Management Trainee at Rane Group in India typically ranges from ₹35,556 to ₹36,787 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Rane Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rane Group for Management Trainee in India?

Varroc Group	₹12.0 Lakhs to ₹26.0 Lakhs per year
Bajaj Auto	₹10.0 Lakhs to ₹30.3 Lakhs per year
SKF	₹14.0 Lakhs to ₹16.5 Lakhs per year
Mahindra & Mahindra	₹6.0 Lakhs to ₹22.0 Lakhs per year
Hero MotoCorp	₹10.0 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Rane Group in India?

The salary of a Management Trainee at companies similar to Rane Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Gabriel India	₹8.5 Lakhs to ₹12.0 Lakhs per year
TVS Motor	₹5.4 Lakhs to ₹17.5 Lakhs per year
Spark Minda	₹6.5 Lakhs to ₹10.0 Lakhs per year
Tata AutoComp Systems	₹7.0 Lakhs to ₹7.5 Lakhs per year
Samvardhana Motherson Group	₹1.6 Lakhs to ₹10.4 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 Management Trainee at Rane Group in India?

The salary growth for a Management Trainee at Rane Group depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Rane Group:

Experience	Average Salary Range
Fresher	₹6.3 Lakhs to ₹8.0 Lakhs per year
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Rane Group Management Trainee Salaries

Rane Group Management Trainee salary in India ranges between ₹4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rane Group latest salaries received from various employees of Rane Group.