Renold Chain Assistant Manager Salaries by 9 Employees (Updated 2024)

10 - 16 years exp.

₹5.2 Lakhs - ₹6.7 Lakhs

Salary of majority employees

31% less than the average Assistant Manager Salary in Industrial Machinery Companies for 10 - 16 years of experience

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Salaries in different departments

Human Resources Assistant Manager Salary 13 - 16 years exp. (4 salaries)	₹5.7 L/yr - ₹6.5 L/yr
Research & Development Assistant Manager Salary 10 - 12 years exp. (3 salaries)	₹5.7 L/yr - ₹6.7 L/yr
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Production, Manufacturing & Engineering Assistant Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹5.9 L/yr

Last Updated: 1 Sep 2024

Companies similar to Renold Chain for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Rexnord Assistant Manager Salary 6 - 12 years exp. (5 salaries)	₹13 L/yr - ₹19.1 L/yr 174% more
Timken Assistant Manager Salary 4 - 14 years exp. (17 salaries)	₹5.8 L/yr - ₹21.8 L/yr 119% more
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Bharat Bijlee Assistant Manager Salary 3 - 12 years exp. (71 salaries)	₹4.8 L/yr - ₹12 L/yr 23% more
PIX Transmissions Assistant Manager Salary 8 - 14 years exp. (40 salaries)	₹6.1 L/yr - ₹11 L/yr 52% more
J K Fenner Assistant Manager Salary 7 - 14 years exp. (104 salaries)	₹5 L/yr - ₹10.5 L/yr 54% more
SKF Assistant Manager Salary 2 - 15 years exp. (166 salaries)	₹5.3 L/yr - ₹20 L/yr 107% more
Gates Assistant Manager Salary 8 - 13 years exp. (8 salaries)	₹9.8 L/yr - ₹11.8 L/yr 84% more
L&T–MHI Power Boilers Assistant Manager Salary 10 - 16 years exp. (68 salaries)	₹10.2 L/yr - ₹17 L/yr 132% more
Hyundai Construction Equipment Assistant Manager Salary 6 - 14 years exp. (60 salaries)	₹5.1 L/yr - ₹14.3 L/yr 90% more
Beumer Group Assistant Manager Salary 7 - 13 years exp. (47 salaries)	₹5.3 L/yr - ₹11 L/yr 42% more
Beri Udyog Assistant Manager Salary 4 - 14 years exp. (41 salaries)	₹3.6 L/yr - ₹7.2 L/yr 7% less	1 job opening
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Schenck Process India Assistant Manager Salary 7 - 17 years exp. (40 salaries)	₹8.2 L/yr - ₹18 L/yr 110% more
Maschio Gaspardo Assistant Manager Salary 5 - 13 years exp. (41 salaries)	₹4 L/yr - ₹8.6 L/yr 13% more	1 job opening
Toyota Material Handling Assistant Manager Salary 6 - 13 years exp. (38 salaries)	₹8.5 L/yr - ₹15 L/yr 82% more
Toshiba Assistant Manager Salary 5 - 18 years exp. (38 salaries)	₹8.5 L/yr - ₹23.1 L/yr 137% more
Tecumseh Products Assistant Manager Salary 3 - 12 years exp. (30 salaries)	₹6.5 L/yr - ₹9.9 L/yr 52% more
Putzmeister Concrete Machines Assistant Manager Salary 6 - 14 years exp. (28 salaries)	₹7 L/yr - ₹14 L/yr 74% more
Phoenix Mecano Assistant Manager Salary 9 - 17 years exp. (25 salaries)	₹6.7 L/yr - ₹13.1 L/yr 82% more
Komatsu Assistant Manager Salary 6 - 19 years exp. (22 salaries)	₹8.7 L/yr - ₹16 L/yr 100% more
Lal Baba Seamless Tubes Assistant Manager Salary 7 - 15 years exp. (21 salaries)	₹5.1 L/yr - ₹8 L/yr 6% more

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Assistant Manager salary at Renold Chain ranges between ₹5.2 Lakhs to ₹6.7 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Assistant Manager salaries

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.2 L/yr
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12 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.7 L/yr
13 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
14 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr

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Similar Designation salaries in Renold Chain

Deputy Manager Salary

(5 salaries)

₹7.3 L/yr - ₹8.3 L/yr

Sales Manager Salary

(6 salaries)

₹4.3 L/yr - ₹9.35 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Renold Chain

1.8

Rated by 4 employees for salary & benefits

Senior Sales Engineer in Karur

Full Time

SALES AND MARKETING Department

3.0

• posted on 14 Feb 2022

1.0

for Salary and Benefits

Likes

Renold is a good company for who wants to start their carrier in manufacturing sector.

Dislikes

Compensation is very poor. Growth is also very slow. Top management does not value your work and individual's Strength. My best advice doesn't choose Renold.

Sales & Marketing in India

Sales & Business Development Department

3.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

For junior level people its a food company. Freshers can also work in their initial career just to get some exposure to engineering industry.

Dislikes

There is no job security. Although its a MNC but peoples (mid & senior level managers) are not allowed to take decisions and working culture is exactly like family owned (Lala) company. There is not a single company policy which is in favour of employee, all the policies are designed in such a way that only company will be benefited. I got good increment during my tenure but there are people working since more than 10 years but got increment of 1% 1/2% in this way company is insulating their employees. Only selected people are getting good opportunities to grow.

Sales in Karur

Sales & Marketing Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is nothing i like about this company... Will not refer anyone here.

Dislikes

Poor management.... Too much politics.... No job security.... No scope for growth....management will never favour employees....

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Renold Chain Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Renold Chain?

Assistant Manager salary at Renold Chain in India ranges between ₹5.2 Lakhs to ₹6.7 Lakhs for experience between 10 years to 16 years. According to our estimates it is 31% less than the average Assistant Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Renold Chain India.

How does the salary of a Assistant Manager at Renold Chain India compare with the average salary range for this job?

The average salary of a Assistant Manager at Renold Chain is 31% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Renold Chain to a Assistant Manager in India?

Kirloskar Toyota Textile Machinery Assistant Manager Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
Rexnord Assistant Manager Salary - ₹13.0 Lakhs to ₹19.1 Lakhs per year
Toshiba Assistant Manager Salary - ₹8.5 Lakhs to ₹23.1 Lakhs per year
Bosch Power Tools Assistant Manager Salary - ₹10.0 Lakhs to ₹16.3 Lakhs per year
L&T–MHI Power Boilers Assistant Manager Salary - ₹10.2 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Renold Chain in India?

Bobst India Assistant Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
Timken Assistant Manager Salary - ₹5.8 Lakhs to ₹21.8 Lakhs per year
Grundfos Pumps Assistant Manager Salary - ₹12.6 Lakhs to ₹13.9 Lakhs per year
Schenck Process India Assistant Manager Salary - ₹8.2 Lakhs to ₹18.0 Lakhs per year
SKF Assistant Manager Salary - ₹5.3 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Renold Chain in India?

The estimated take-home salary of a Assistant Manager at Renold Chain ranges between ₹44,030 per month to ₹45,135 per month in India. The take-home salary calculation is based on the average Renold Chain Assistant Manager salary in India which ranges between ₹5.2 Lakhs to ₹6.7 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Renold Chain?

According to AmbitionBox, 60% of the Renold Chain Assistant Managers reported a notice period of 3 Months, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Renold Chain Assistant Manager Salaries

Renold Chain Assistant Manager salary in India ranges between ₹5.2 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Renold Chain latest salaries received from various employees of Renold Chain.