Schaeffler India Project Manager Salaries by 30+ Employees (Updated 2024)

4 - 17 years exp.

₹6.1 Lakhs - ₹20 Lakhs

Salary of majority employees

25% less than the average Project Manager Salary in Auto Components Companies for 4 - 17 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 4 - 17 years exp. (18 salaries)	₹6 L/yr - ₹20 L/yr
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Research & Development Project Manager Salary 6 - 17 years exp. (3 salaries)	₹9.2 L/yr - ₹19.9 L/yr

Last Updated: 3 Dec 2024

Companies similar to Schaeffler India for Project Manager

Company name	Avg Annual Salary	Open Jobs
Bosch Project Manager Salary 5 - 18 years exp. (214 salaries)	₹10 L/yr - ₹38 L/yr 62% more
SKF Project Manager Salary 9 - 22 years exp. (12 salaries)	₹13.9 L/yr - ₹24.5 L/yr 20% more
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Siemens Project Manager Salary 7 - 17 years exp. (335 salaries)	₹8.8 L/yr - ₹32 L/yr 45% more	9 job openings
Tata Motors Project Manager Salary 3 - 17 years exp. (89 salaries)	₹6.9 L/yr - ₹28 L/yr 20% more
Mahindra & Mahindra Project Manager Salary 7 - 17 years exp. (92 salaries)	₹6.5 L/yr - ₹26.2 L/yr 22% more
Maruti Suzuki Project Manager Salary 0 - 13 years exp. (81 salaries)	₹9 L/yr - ₹32.5 L/yr 54% more	8 job openings
Ashok Leyland Project Manager Salary 5 - 22 years exp. (14 salaries)	₹8.5 L/yr - ₹20.4 L/yr 10% more
Hero MotoCorp Project Manager Salary 2 - 14 years exp. (38 salaries)	₹8 L/yr - ₹22.5 L/yr 21% more
TVS Motor Project Manager Salary 9 - 17 years exp. (24 salaries)	₹10.3 L/yr - ₹35 L/yr 75% more
Bajaj Auto Project Manager Salary 5 - 16 years exp. (23 salaries)	₹13.6 L/yr - ₹27.8 L/yr 42% more
ABB Project Manager Salary 7 - 20 years exp. (184 salaries)	₹10 L/yr - ₹38.7 L/yr 72% more
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Honeywell Automation Project Manager Salary 3 - 16 years exp. (93 salaries)	₹8.9 L/yr - ₹30 L/yr 29% more
Johnson Controls Project Manager Salary 9 - 15 years exp. (93 salaries)	₹6.5 L/yr - ₹24 L/yr 4% more	1 job opening
Continental Automotive Components Project Manager Salary 11 - 16 years exp. (37 salaries)	₹12.3 L/yr - ₹34 L/yr 92% more
Eaton Corporation Project Manager Salary 7 - 15 years exp. (37 salaries)	₹10 L/yr - ₹32 L/yr 57% more
Cummins Project Manager Salary 4 - 14 years exp. (31 salaries)	₹6.6 L/yr - ₹20.4 L/yr 9% more
Emerson Electric Co. Project Manager Salary 12 - 18 years exp. (26 salaries)	₹13.8 L/yr - ₹36 L/yr 104% more
Continental Project Manager Salary 5 - 16 years exp. (23 salaries)	₹14 L/yr - ₹36 L/yr 86% more
TK Elevator Project Manager Salary 3 - 16 years exp. (22 salaries)	₹5.8 L/yr - ₹20.2 L/yr 8% more
Samvardhana Motherson Group Project Manager Salary 9 - 20 years exp. (18 salaries)	₹10 L/yr - ₹30 L/yr 55% more

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Project Manager salary at Schaeffler India ranges between ₹6.1 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 31 latest salaries received from various employees of Schaeffler India.

Experience wise Schaeffler India Project Manager salaries

Last Updated: 3 Dec 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹5 L/yr - ₹9.5 L/yr
5 years (3 salaries)	₹5 L/yr - ₹9.5 L/yr
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6 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹17.2 L/yr
7 years (5 salaries)	₹5.7 L/yr - ₹18.7 L/yr
8 years (4 salaries)	₹7 L/yr - ₹20.1 L/yr
9 years (3 salaries)	₹7 L/yr - ₹21.6 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹19.4 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
15+ years (7 salaries)	₹13 L/yr - ₹20 L/yr

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Similar Designation salaries in Schaeffler India

Product Manager Salary

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Program Manager Salary

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Senior Project Manager Salary

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₹17.6 L/yr - ₹22.4 L/yr

Scrum Master Salary

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Business Analyst Salary

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Technical Lead Salary

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₹18 L/yr - ₹26.86 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Senior Consultant Salary

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₹10 L/yr - ₹26 L/yr

Top skills at Schaeffler India for Project Manager

Project Management Claims Project Planning Mechanical Business Studies Production Engineering Cost Management Project Monitoring Supply Chain Project Coordination Project Execution Purchase Budgeting Project Handling Industrial Engineering

Salary related reviews for Schaeffler India

3.7

Rated by 2 employees for salary & benefits

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

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.

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.

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

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.

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

Dislikes

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

Quality Inspector in Vadodara

Full Time

Quality Assurance Department

3.0

• posted on 04 Nov 2020

2.0

for Salary and Benefits

Likes

During lockdown management has taken care of each and every employee personally by telephonic talk and gives a hope if any criticall condition is there we are here to help uh this increases over trust and loyalty towards our company. Company provides us mask , handgloves and sentizer.

Dislikes

Salary is comparatively good than other companies but career growth is low. Promotions and increments are based on years of experience not on the basis of talent and hard work. So here hardwork no paysoff only years matter which is totally wrong

see more salary related reviews

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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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Schaeffler India Project Manager Salary FAQs

What is the salary of Project Manager at Schaeffler India?

Project Manager salary at Schaeffler India in India ranges between ₹6.1 Lakhs to ₹20.0 Lakhs for experience between 4 years to 17 years. According to our estimates it is 25% less than the average Project Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Schaeffler India India.

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

The average salary of a Project Manager at Schaeffler India is 25% less than the average salary of a Project Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Project Manager at Schaeffler India?

Project Management, Claims, Project Planning, Mechanical and Business Studies are some of the popular skills required to work as a Project Manager at Schaeffler India India.

Which similar companies are paying more than Schaeffler India to a Project Manager in India?

Aptiv Project Manager Salary - ₹23.0 Lakhs to ₹41.0 Lakhs per year
Emerson Electric Co. Project Manager Salary - ₹13.8 Lakhs to ₹36.0 Lakhs per year
Continental Automotive Components Project Manager Salary - ₹12.3 Lakhs to ₹34.0 Lakhs per year
Continental Project Manager Salary - ₹14.0 Lakhs to ₹36.0 Lakhs per year
Faurecia Project Manager Salary - ₹10.0 Lakhs to ₹42.0 Lakhs per year

What is the salary of a Project Manager in companies similar to Schaeffler India in India?

TVS Motor Project Manager Salary - ₹10.3 Lakhs to ₹35.0 Lakhs per year
ABB Project Manager Salary - ₹10.0 Lakhs to ₹38.7 Lakhs per year
Tenneco Project Manager Salary - ₹13.4 Lakhs to ₹32.0 Lakhs per year
Magna International Project Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Bosch Project Manager Salary - ₹10.0 Lakhs to ₹38.0 Lakhs per year

What is the estimated take home salary of a Project Manager at Schaeffler India in India?

The estimated take-home salary of a Project Manager at Schaeffler India ranges between ₹92,913 per month to ₹95,406 per month in India. The take-home salary calculation is based on the average Schaeffler India Project Manager salary in India which ranges between ₹6.1 Lakhs to ₹20.0 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Project Manager at Schaeffler India?

According to AmbitionBox, 94% of the Schaeffler India Project Managers reported a notice period of 3 Months, 6% reported a notice period of 2 Months.This is based on 18 responses on AmbitionBox in last 2 years.

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Schaeffler India Project Manager Salaries

Schaeffler India Project Manager salary in India ranges between ₹6.1 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Schaeffler India latest salaries received from various employees of Schaeffler India.