Schaeffler India Store Officer Salaries by 10+ Employees

3 - 8 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

33% less than the average Store Officer Salary in Auto Components Companies for 3 - 8 years of experience

Interested in this particular role?

Last Updated: 3 Sep 2024

Companies similar to Schaeffler India for Store Officer

Company name	Avg Annual Salary	Open Jobs
Bosch Store Officer Salary 0 - 4 years exp. (3 salaries)	₹1.9 L/yr - ₹3.2 L/yr 7% less
ABB Store Officer Salary 8 years exp. (3 salaries)	₹2 L/yr - ₹5.8 L/yr 43% more
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TK Elevator Store Officer Salary 4 - 8 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 3% more
Cummins Store Officer Salary 6 - 16 years exp. (4 salaries)	₹4.5 L/yr - ₹6.5 L/yr 112% more
CIE Automotive Store Officer Salary 2 - 16 years exp. (11 salaries)	₹2 L/yr - ₹4.5 L/yr 33% more
Magna International Store Officer Salary 4 - 13 years exp. (9 salaries)	₹3.1 L/yr - ₹6.1 L/yr 52% more
L.G.Balakrishnan & Bros Store Officer Salary 1 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 13% more
Tata AutoComp Systems Store Officer Salary 2 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 14% more
DENSO Store Officer Salary 8 - 11 years exp. (4 salaries)	₹7.1 L/yr - ₹9 L/yr 192% more
JBM Group Store Officer Salary 0 - 18 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr 11% more
Hitachi Astemo Store Officer Salary 2 - 16 years exp. (4 salaries)	₹2.5 L/yr - ₹8 L/yr 110% more
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Faurecia Store Officer Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 16% less
Bharat Forge Store Officer Salary 2 - 10 years exp. (3 salaries)	₹1.8 L/yr - ₹4.6 L/yr 2% more
Lumax Industries Store Officer Salary 2 - 12 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 32% more
Tenneco Store Officer Salary 7 - 12 years exp. (3 salaries)	₹2.8 L/yr - ₹6 L/yr 66% more
Mando Automotive Store Officer Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 8% less
Amara Raja Group Store Officer Salary 6 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr 37% more
Sona Comstar Store Officer Salary 6 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 47% more
MAHLE ANAND Filter Systems Store Officer Salary 5 - 8 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 29% more

Store Officer salary at Schaeffler India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Schaeffler India.

Experience wise Schaeffler India Store Officer salaries

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
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5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
6 years (3 salaries)	₹2.2 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Schaeffler India

Store Manager Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

Store Keeper Salary

(4 salaries)

₹2.1 L/yr - ₹2.85 L/yr

Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Store Supervisor Salary

(6 salaries)

₹2 L/yr - ₹3.3 L/yr

Store Executive Salary

(8 salaries)

₹2.4 L/yr - ₹9.16 L/yr

Store Incharge Salary

(6 salaries)

₹2.15 L/yr - ₹3 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Team Lead Salary

(119 salaries)

₹5 L/yr - ₹16 L/yr

Shift Incharge Salary

(10 salaries)

₹2.9 L/yr - ₹4.8 L/yr

Warehouse Manager Salary

(5 salaries)

₹18 L/yr - ₹21.2 L/yr

Top skills at Schaeffler India for Store Officer

Stores Finance Documentation Data Entry Store Management bcom Store Keeping

Salary related reviews for Schaeffler India

4.0

Rated by 1 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

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

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.

Job security - Good

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

Salary - Poor

+2 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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Schaeffler India Store Officer Salary FAQs

What is the salary of Store Officer at Schaeffler India ?

The average salary of a Store Officer at Schaeffler India in India typically ranges from ₹2.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Store Officer at Schaeffler India earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Store Officer Salaries at Schaeffler India 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 10+ Schaeffler India employees in India.

What is the estimated take home salary of a Store Officer at Schaeffler India in India?

The estimated take-home salary of a Store Officer at Schaeffler India in India typically ranges from ₹19,235 to ₹20,909 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 8 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 10+ salaries received from various employees of Schaeffler India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Store Officer at Schaeffler India ?

To be a Store Officer at Schaeffler India in india, the key skills required include:

- Stores
- Finance
- Documentation
- Data Entry
- Store Management

These skills are highly valued at Schaeffler India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Schaeffler India for Store Officer in India?

DENSO	₹7.1 Lakhs to ₹9.0 Lakhs per year
Cummins	₹4.5 Lakhs to ₹6.5 Lakhs per year
Hitachi Astemo	₹2.5 Lakhs to ₹8.0 Lakhs per year
Tenneco	₹2.8 Lakhs to ₹6.0 Lakhs per year
Magna International	₹3.1 Lakhs to ₹6.1 Lakhs per year

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

What is the salary of a Store Officer in companies similar to Schaeffler India in India?

The salary of a Store Officer at companies similar to Schaeffler India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sona Comstar	₹3.6 Lakhs to ₹4.6 Lakhs per year
ABB	₹2.0 Lakhs to ₹5.8 Lakhs per year
Amara Raja Group	₹3.6 Lakhs to ₹3.8 Lakhs per year
CIE Automotive	₹2.0 Lakhs to ₹4.5 Lakhs per year
Lumax Industries	₹3.0 Lakhs to ₹4.2 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 Store Officer at Schaeffler India in India?

The salary growth for a Store Officer at Schaeffler India depends on factors such as experience, performance, and promotions. On average, a Store Officer can expect the following growth trajectory at Schaeffler India:

Experience	Average Salary Range
3 years	₹2.2 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹4.9 Lakhs per year
5 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
6 years	₹2.2 Lakhs to ₹3.0 Lakhs per year

and so on.

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Schaeffler India Store Officer Salaries

Schaeffler India Store Officer salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Schaeffler India latest salaries received from various employees of Schaeffler India.