SKF Engineering Manager Salaries by 4 Employees

10 - 18 years exp.

₹16 Lakhs - ₹27 Lakhs

Low Confidence

Salary of majority employees

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)	₹16 L/yr - ₹27 L/yr
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Research & Development Engineering Manager Salary 18 years exp. (AmbitionBox Estimate)	₹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
Lear Corporation Engineering Manager Salary 15 - 20 years exp. (28 salaries)	₹19 L/yr - ₹40 L/yr 54% more
Magna International Engineering Manager Salary 6 - 22 years exp. (14 salaries)	₹20 L/yr - ₹41.8 L/yr 42% more
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Endurance Technologies Engineering Manager Salary 1 - 17 years exp. (4 salaries)	₹20.1 L/yr - ₹23.3 L/yr 3% more
TVS Sundram Fasteners Engineering Manager Salary 17 - 24 years exp. (4 salaries)	₹12.2 L/yr - ₹17.2 L/yr 28% less
JBM Group Engineering Manager Salary 8 - 16 years exp. (4 salaries)	₹10 L/yr - ₹35 L/yr 5% more
Spark Minda Engineering Manager Salary 9 - 17 years exp. (3 salaries)	₹7.2 L/yr - ₹26 L/yr 8% less
DENSO Engineering Manager Salary 5 - 13 years exp. (3 salaries)	₹9.7 L/yr - ₹22 L/yr 18% less
Gabriel India Engineering Manager Salary 8 - 22 years exp. (3 salaries)	₹15 L/yr - ₹60 L/yr 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.

Experience wise SKF Engineering Manager salaries

Last Updated: 18 Oct 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹29.2 L/yr
11 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
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12 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.4 L/yr
13 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.8 L/yr
14 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.2 L/yr
15+ years (3 salaries)	₹9.6 L/yr - ₹27 L/yr

View all

Similar Designation salaries in SKF

Delivery Manager Salary

(4 salaries)

₹30.5 L/yr - ₹35.5 L/yr

Program Manager Salary

(4 salaries)

₹13.5 L/yr - ₹25.25 L/yr

Project Manager Salary

(12 salaries)

₹13.9 L/yr - ₹24.5 L/yr

Product Manager Salary

(6 salaries)

₹15.52 L/yr - ₹22 L/yr

Senior Project Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Principal Engineer Salary

(5 salaries)

₹12.5 L/yr - ₹22.2 L/yr

Software Engineer Salary

(3 salaries)

₹15 L/yr - ₹50 L/yr

Technical Lead Salary

(3 salaries)

₹8 L/yr - ₹17.6 L/yr

Senior Consultant Salary

(4 salaries)

₹8.61 L/yr - ₹30 L/yr

Technical Architect Salary

(AmbitionBox Estimate)

₹26.7 L/yr - ₹34.2 L/yr

Salary related reviews for SKF

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

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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.

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SKF Engineering Manager Salaries

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