Shanker Forge Research & Development Salaries by 6 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Senior Engineer 5 - 10 years exp. (3 salaries)	₹4.2 L/yr - ₹4.3 L/yr
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Junior Engineer 3 - 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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NPD Manager 25 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Salary related reviews for Shanker Forge

Production Manager in Faridabad

Full Time

Product Management Department

5.0

• posted on 01 Nov 2023

5.0

for Salary and Benefits

Likes

...ere is a huge cafeteria and gaming arcade for chilling. Company policy are good. appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There 9s a lot of politics and the management doesn't address our issues

Graduate Engineer Trainee (Get) in Faridabad

Quality Assurance Department

5.0

• posted on 11 Jul 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and transparent.Company policies are good and bonus every year.

Dislikes

There is a lot of politics and the management doesnt address our issues.Thats it and nothing else i dislike about shanker forging. Thank u

Assistant Manager in Faridabad

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 08 Jun 2024

1.0

for Salary and Benefits

Likes

Actually nothing in that company that you will like.

Dislikes

Worst place to work for a technicaly sound person, their jugady people will never let you survive. Very bad timming 9 to 6.30 for staff and 12 hours shift for workers. Lot of politics, zero job sequrity, you will be mentally disturbed till you work there.

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Shanker Forge Salary FAQs

What is the notice period at Shanker Forge in Research & Development Department?

According to AmbitionBox, 50% of the Shanker Forge employees in Research & Development Department reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Shanker Forge Research & Development Salaries by Location

Shanker Forge Research & Development Department salaries in Faridabad

Average annual salary in Research & Development department at Shanker Forge is INR . Salary estimates are based on 6 Shanker Forge latest salaries received from various employees of Shanker Forge.