SKF Business Manager Salaries by 3 Employees (Updated 2025)

12 - 13 years exp.

₹20.2 Lakhs - ₹29.4 Lakhs

Low Confidence

Salary of majority employees

Fixed (79%)

₹19.1 Lakhs

Variable (21%)

₹5.0 Lakhs

115% more than the average Business Manager Salary in Auto Components Companies for 12 - 13 years of experience

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Last Updated: 1 Mar 2025

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Business Manager salary at SKF ranges between ₹20.2 Lakhs to ₹29.4 Lakhs per year for employees with experience between 12 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of SKF.

Experience wise SKF Business Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.6 L/yr
Login to view exact salary
13 years (AmbitionBox Estimate)	₹26.5 L/yr - ₹33.9 L/yr

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Salary related reviews for SKF

2.0

Rated by 1 employees for salary & benefits

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

Job security - Excellent

+3 more

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.

Promotions - Bad

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.

Salary - Bad

+5 more

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.

Salary - Good

+5 more

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.

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.

Salary - Excellent

+6 more

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.

Machine Operator in Mysuru / Mysore

Production, Manufacturing & Engineering Department

5.0

• posted on 09 Feb 2022

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. There is Good transport facility and they give good salary and canteen facility. This company give a good opportunity for fresher.On the job training is good for new joinees

Salary - Good

+4 more

Dislikes

Salary is decent but career growth is slow .There is no employeement in this company

Promotions - Poor

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SKF Business Manager Salary FAQs

What is the notice period for Business Manager at SKF?

According to AmbitionBox, 50% of the SKF Business Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SKF Business Manager Salaries

SKF Business Manager salary in India ranges between ₹20.2 Lakhs to ₹29.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SKF latest salaries received from various employees of SKF.