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SKF Salaries in Mumbai (Updated 2025)

based on 114 latest salaries
Explore Salaries by Departments
Sales & Business Development Marketing & Communication Finance & Accounting Human Resources + 6 more
Designation Avg Annual Salary Open Jobs
1 year exp. · Mumbai (4 salaries)
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₹15 L/yr - ₹15.7 L/yr

14 - 20 years exp. · Mumbai (4 salaries)
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₹40 L/yr - ₹48.5 L/yr

7 - 9 years exp. · Mumbai (3 salaries)
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₹4.6 L/yr - ₹4.9 L/yr

1 - 3 years exp. · Mumbai (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

Starting your career? Discover SKF fresher salaries in India
10 - 11 years exp. · Mumbai (3 salaries)
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₹6.8 L/yr - ₹6.9 L/yr

11 - 12 years exp. · Mumbai (3 salaries)
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₹15 L/yr - ₹16.5 L/yr

3 - 5 years exp. · Mumbai (3 salaries)
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₹3.2 L/yr - ₹3.5 L/yr

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹14 L/yr - ₹15.4 L/yr

7 job openings
6 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.2 L/yr - ₹7.5 L/yr

13 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.9 L/yr

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹15 L/yr - ₹18.8 L/yr

2 job openings
1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.7 L/yr

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹21 L/yr - ₹26.9 L/yr

10 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.2 L/yr - ₹16.5 L/yr

5 job openings
4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3 L/yr - ₹4.4 L/yr

8 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

17 years exp. · Mumbai (AmbitionBox Estimate)
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₹35.1 L/yr - ₹44.9 L/yr

19 - 20 years exp. · Mumbai (AmbitionBox Estimate)
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₹41.4 L/yr - ₹52.9 L/yr

8 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹25 L/yr - ₹32 L/yr

Last Updated: 20 Mar, 2025

Salary related reviews for SKF

3.5

Rated by 24 employees for salary & benefits

Sales & Business Development Department

1.0
  •  posted on 26 May 2022

2.0
 for  Salary and Benefits

Likes

Strong Brand value is tremendous and every customer across the table respects you for your brand. Employee policies are good at certain extent which will give one a peace of mind to work with the company.

read more

Dislikes

... mindset because of job security issues arising out of frequent restructuring 4. Unfair compensation policy 5. Limited growth opportunities, people are working in same hierarchical designations for years even after restructuring

read more
  • Salary - Poor
  • +5 more

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.

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  • 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.

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  • 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.

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  • 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.

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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.

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  • 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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see more salary related reviews

SKF Salary FAQs

How much does SKF pay to its employees?
The average annual salary at SKF varies depending on the role, experience, and location. The salary ranges for some popular designations at SKF, are as follows:

Management Trainee ₹15 Lakhs to ₹15.7 Lakhs per year
General Manager ₹40 Lakhs to ₹48.5 Lakhs per year
HR Associate ₹4.6 Lakhs to ₹4.9 Lakhs per year
Quality Inspector ₹2 Lakhs to ₹2.5 Lakhs per year

The highest-paying role, Senior SAP Basis Consultant, earns between ₹23 Lakhs to ₹93 Lakhs per year. The top 10% of employees earn more than ₹22.1 Lakhs per year, and the top 1% earn over ₹50 Lakhs per year. 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 salary estimates are based on data from 114 salaries submitted by SKF employees. SKF is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SKF in Mumbai?
The salary of a fresher at SKF in Mumbai typically ranges from ₹1 Lakh to ₹3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Engineer Trainee Salary ₹1.1 Lakhs to ₹2 Lakhs per year
Fresher as a Trainee Salary ₹1.1 Lakhs to ₹1.6 Lakhs per year
Fresher as a Quality Inspector Salary ₹1.9 Lakhs to ₹3 Lakhs per year
Fresher as a Graduate Engineer Trainee (Get) Salary ₹2.1 Lakhs to ₹8 Lakhs per year

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Average annual salary in SKF , Mumbai is INRunlock blur . Salary estimates are based on 114 SKF latest salaries received from various employees of SKF.

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