SKF BFSI, Investments & Trading Salaries by 6 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Store Manager 5 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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SMS Solution Consultant 11 years exp. (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.6 L/yr
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Back Office Staff 1 year exp. (AmbitionBox Estimate)	₹0.4 L/yr - ₹0.5 L/yr
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Warehouse Assistant 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Helper Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Support Executive 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 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 SKF

3.4

Rated by 4 employees for salary & benefits

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Production in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

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SKF interview questions by designations

Applications Engineer (6)Assistant Manager (2)Associate Engineer (2)Finance Executive (2)

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SKF Salary FAQs

How much does SKF pay per year?

The average SKF salary ranges from approximately ₹1 Lakh to ₹1.3 Lakh per year for a Production Team Member and ₹28.9 Lakhs to ₹65 Lakhs per year for a General Manager. Salary estimates are based on 6 SKF salaries received from various employees of SKF. SKF employees rate the overall salary and benefits package 3.4/5 stars.

What is the highest salary in SKF?

The highest-paying job at SKF is a General Manager with a salary of ₹28.9 Lakhs to ₹65 Lakhs per year. The top 10% of employees earn more than ₹21.64 lakhs per year. The top 1% earn more than a whopping ₹50 lakhs per year.

What is the minimum salary in SKF?

Minimum salary at SKF depends on the role you are applying for. For Trainee the minimum salary is ₹1 Lakh to ₹3 Lakhs per year, and for Engineer Trainee the minimum salary is ₹1.3 Lakh to ₹3 Lakhs per year and so on.

What is the salary package for freshers in SKF?

The average salary at SKF for freshers varies from ₹1 Lakh to ₹1.6 Lakh per year for Trainee and ₹11.5 Lakhs to ₹16.5 Lakhs per year for Management Trainee.

What is the notice period at SKF in BFSI, Investments & Trading Department?

According to AmbitionBox, 83% of the SKF employees in BFSI, Investments & Trading Department reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at SKF is INR . Salary estimates are based on 6 SKF latest salaries received from various employees of SKF.