Schaeffler India Finance Executive Salaries by 4 Employees (Updated 2025)

8 - 9 years exp.

₹6.7 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

76% more than the average Finance Executive Salary in Auto Components Companies for 8 - 9 years of experience

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Last Updated: 10 May 2024

Companies similar to Schaeffler India for Finance Executive

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Samvardhana Motherson Group Finance Executive Salary 1 - 8 years exp. (20 salaries)	₹3 L/yr - ₹5.5 L/yr 42% less
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Magna International Finance Executive Salary 0 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹9.2 L/yr 9% less
Hyundai Mobis Finance Executive Salary 1 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹9.5 L/yr 10% less

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Finance Executive salary at Schaeffler India ranges between ₹6.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 8 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India.

Experience wise Schaeffler India Finance Executive salaries

Last Updated: 10 May 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹7.2 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹6.8 L/yr

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Salary related reviews for Schaeffler India

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Hosur

Research & Development Department

3.0

• posted on 31 Oct 2020

3.0

for Salary and Benefits

Likes

Company is fully personal relationship oriented. During Covid-19 there was pay cut through pain sharing method (personal leave deducted) and work from home option was given for possible employees. HR decision were taken from central HR team. Apprisal for the previous year was cut and can't expect for this year also.

Job security - Good

Dislikes

Company culture would have been more process oriented and not person dependent. Trying to be flexible to customer demand Skipping the development process and squeezing the Internal team is Not good and it largely affects the work life balance and employees relationship.

Skill development - Poor

+2 more

Production Engineer in Vadodara

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 23 Oct 2024

5.0

for Salary and Benefits

Likes

Only salary and benefits are good

Salary - Excellent

+1 more

Dislikes

Hopeless working culture. People having 15+ yrs of experience with 0 knowledge. And have Ego on the 7th floor. Diploma holders became manager by favouritism and do micro management. No planning only fire fighting. These all things are only applicable for Savli plant. In general schaeffler is Excellent organisation.

Skill development - Poor

+4 more

Senior Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Oct 2024

4.0

for Salary and Benefits

Likes

Technical Exposure is good here . Good Training provided to new joiners . Salary is competitive wrt teir 1 automotive companies.

Salary - Good

+4 more

Dislikes

Management is never in the favour of WFH . Some employees are hired at good positions , although they don`t seem to deserve it . HR department is useless , un-responsive and careless .

Quality Manager in Vadodara

Full Time

Quality Assurance Department

2.0

• posted on 16 Oct 2024

3.0

for Salary and Benefits

Likes

Salary and job security is good

Job security - Good

Dislikes

Poor culture. Politics runs throughout the structure, no inclusivity for people from outside. Most of people managers would not let others go ahead. The culture is built so that the company and people are the last priority.

Skill development - Poor

+2 more

Senior Manager in Pune

Full Time

Key Accounts Department

4.0

• posted on 29 Oct 2022

2.0

for Salary and Benefits

Likes

Work culture, work life balance, better opportunities inside organisation for job change, new policies under experimental basis like hybrid working permantly, job rotation. Supportive and approachable senior management, worked with Schaeffler Hosur location business customer centric team

Skill development - Excellent

+5 more

Dislikes

Poor growth plan for middle management, inequality in responsibility/work vs compensation.

Salary - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Schaeffler India Finance Executive Salary FAQs

What is the salary of Finance Executive at Schaeffler India?

Finance Executive salary at Schaeffler India in India ranges between ₹6.7 Lakhs to ₹7.2 Lakhs for experience between 8 years to 9 years. According to our estimates it is 76% more than the average Finance Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Schaeffler India India.

How does the salary of a Finance Executive at Schaeffler India India compare with the average salary range for this job?

The average salary of a Finance Executive at Schaeffler India is 76% more than the average salary of a Finance Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Schaeffler India to a Finance Executive in India?

Eaton Corporation Finance Executive Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Finance Executive in companies similar to Schaeffler India in India?

Emerson Electric Co. Finance Executive Salary - ₹3.5 Lakhs to ₹9.5 Lakhs per year
Magna International Finance Executive Salary - ₹2.2 Lakhs to ₹9.2 Lakhs per year
Hyundai Mobis Finance Executive Salary - ₹3.6 Lakhs to ₹9.5 Lakhs per year
Tata AutoComp Systems Finance Executive Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Faurecia Finance Executive Salary - ₹2.7 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Finance Executive at Schaeffler India in India?

The estimated take-home salary of a Finance Executive at Schaeffler India ranges between ₹52,826 per month to ₹54,070 per month in India. The take-home salary calculation is based on the average Schaeffler India Finance Executive salary in India which ranges between ₹6.7 Lakhs to ₹7.2 Lakhs per year for employees with experience between 8 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Finance Executive at Schaeffler India?

According to AmbitionBox, 100% of the Schaeffler India Finance Executives reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Schaeffler India Finance Executive Salaries

Schaeffler India Finance Executive salary in India ranges between ₹6.7 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Schaeffler India latest salaries received from various employees of Schaeffler India.