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SKF Engineering Manager salaries in India

Annual salary range
10 - 18 years exp.
₹16 Lakhs - ₹27 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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43% less than the average Engineering Manager Salary in Auto Components Companies for 10 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Engineering Manager Salary
10 - 18 years exp. (AmbitionBox Estimate)
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₹16 L/yr - ₹27 L/yr

Research & Development
Engineering Manager Salary
18 years exp. (AmbitionBox Estimate)
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₹21.9 L/yr - ₹26.7 L/yr

Last Updated: 18 Oct 2024

Companies similar to SKF for Engineering Manager

Company name Avg Annual Salary Open Jobs
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Lear Corporation Engineering Manager Salary

15 - 20 years exp. (28 salaries)

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₹19 L/yr - ₹40 L/yr

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Magna International Engineering Manager Salary

6 - 22 years exp. (14 salaries)

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₹20 L/yr - ₹41.8 L/yr

arrow icon 42% more
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₹20.1 L/yr - ₹23.3 L/yr

arrow icon 3% more
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₹12.2 L/yr - ₹17.2 L/yr

arrow icon 28% less
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JBM Group Engineering Manager Salary

8 - 16 years exp. (4 salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 5% more
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Spark Minda Engineering Manager Salary

9 - 17 years exp. (3 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 8% less
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DENSO Engineering Manager Salary

5 - 13 years exp. (3 salaries)

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₹9.7 L/yr - ₹22 L/yr

arrow icon 18% less
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Gabriel India Engineering Manager Salary

8 - 22 years exp. (3 salaries)

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₹15 L/yr - ₹60 L/yr

arrow icon 46% more
Engineering Manager salary at SKF ranges between ₹16 Lakhs to ₹27 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of SKF.

Latest annual salaries shared by SKF Engineering Manager

3mo ago
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18 years exp.
10mo ago
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18 years exp.
1y ago
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10 years exp.

Experience wise SKF Engineering Manager salaries

Last Updated: 18 Oct 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹16 L/yr - ₹29.2 L/yr
11 years (AmbitionBox Estimate)

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₹15.7 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.4 L/yr
13 years (AmbitionBox Estimate)

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₹17.9 L/yr - ₹22.8 L/yr
14 years (AmbitionBox Estimate)

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₹19 L/yr - ₹24.2 L/yr
View all

Similar Designation salaries in SKF

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₹30.5 L/yr - ₹35.5 L/yr
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₹13.5 L/yr - ₹25.25 L/yr
Project Manager Salary
(12 salaries)
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₹13.9 L/yr - ₹24.5 L/yr
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₹15.52 L/yr - ₹22 L/yr
Senior Project Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹12.5 L/yr - ₹22.2 L/yr
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₹15 L/yr - ₹50 L/yr
Technical Lead Salary
(3 salaries)
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₹8 L/yr - ₹17.6 L/yr
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₹8.61 L/yr - ₹30 L/yr
Technical Architect Salary
(AmbitionBox Estimate)
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₹26.7 L/yr - ₹34.2 L/yr

Salary related reviews for SKF

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.

read more
  • Promotions - Bad

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • 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.

read more

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.

read more
  • 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.

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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

read more
  • Salary - Good
  • +4 more

Dislikes

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

read more
  • Promotions - Poor
see more salary related reviews

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SKF Engineering Manager Salary FAQs

What is the salary of Engineering Manager at SKF ?
The average salary of a Engineering Manager at SKF in India typically ranges from ₹16.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of Engineering Manager at SKF earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Engineering Manager Salaries at SKF 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 4 SKF employees in India.
What is the estimated take home salary of a Engineering Manager at SKF in India?
The estimated take-home salary of a Engineering Manager at SKF in India typically ranges from ₹1,37,469 to ₹1,42,548 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 10 years to 18 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 4 salaries received from various employees of SKF. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SKF for Engineering Manager in India?
Lear Corporation ₹19.0 Lakhs to ₹40.0 Lakhs per year
Gabriel India ₹15.0 Lakhs to ₹60.0 Lakhs per year
Magna International ₹20.0 Lakhs to ₹41.8 Lakhs per year
JBM Group ₹10.0 Lakhs to ₹35.0 Lakhs per year
Endurance Technologies ₹20.1 Lakhs to ₹23.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SKF, depending on the role and experience level.
What is the salary of a Engineering Manager in companies similar to SKF in India?
The salary of a Engineering Manager at companies similar to SKF in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spark Minda ₹7.2 Lakhs to ₹26.0 Lakhs per year
DENSO ₹9.7 Lakhs to ₹22.0 Lakhs per year
TVS Sundram Fasteners ₹12.2 Lakhs to ₹17.2 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 Engineering Manager at SKF in India?
The salary growth for a Engineering Manager at SKF depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at SKF:

Experience Average Salary Range
10 years ₹16.0 Lakhs to ₹29.2 Lakhs per year
11 years ₹15.7 Lakhs to ₹20.0 Lakhs per year
12 years ₹16.8 Lakhs to ₹21.4 Lakhs per year
13 years ₹17.9 Lakhs to ₹22.8 Lakhs per year
and so on.

Tell us how to improve this page.

SKF Engineering Manager salary in India ranges between ₹16 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SKF latest salaries received from various employees of SKF.