SKF Product Manager Salaries by 6 Employees (Updated 2024)

5 - 8 years exp.

₹15.5 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Product Manager Salary in Auto Components Companies for 5 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Product Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹17.3 L/yr
Data Science & Analytics Product Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹20 L/yr
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Product Management Product Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹19.3 L/yr - ₹22 L/yr

Last Updated: 24 Apr 2024

Companies similar to SKF for Product Manager

Company name	Avg Annual Salary	Open Jobs
Schaeffler India Product Manager Salary 8 - 14 years exp. (6 salaries)	₹12.2 L/yr - ₹15 L/yr 31% less
Bosch Product Manager Salary 4 - 12 years exp. (58 salaries)	₹7.6 L/yr - ₹31.2 L/yr 4% less
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Asahi India Glass Product Manager Salary 4 - 9 years exp. (7 salaries)	₹10.3 L/yr - ₹21.5 L/yr 15% less
Spark Minda Product Manager Salary 4 - 12 years exp. (6 salaries)	₹4.3 L/yr - ₹23.5 L/yr 28% less
Pricol Product Manager Salary 13 - 21 years exp. (4 salaries)	₹12.5 L/yr - ₹17 L/yr 30% less
Lumax Industries Product Manager Salary 5 - 10 years exp. (4 salaries)	₹9 L/yr - ₹14.5 L/yr 39% less
JBM Group Product Manager Salary 3 - 5 years exp. (3 salaries)	₹5.4 L/yr - ₹7.9 L/yr 66% less

Product Manager salary at SKF ranges between ₹15.5 Lakhs to ₹22 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of SKF.

Experience wise SKF Product Manager salaries

Last Updated: 24 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹18 L/yr - ₹33 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹20 L/yr
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7 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.3 L/yr
8 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹22 L/yr

Similar Designation salaries in SKF

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(12 salaries)

₹13.9 L/yr - ₹24.5 L/yr

Production Manager Salary

(4 salaries)

₹12 L/yr - ₹50.33 L/yr

Product Owner Salary

(4 salaries)

₹7 L/yr - ₹24.5 L/yr

Program Manager Salary

(4 salaries)

₹13.5 L/yr - ₹25.25 L/yr

Deputy Manager Salary

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Senior Project Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Assistant Product Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Product Owner Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Business Analyst Salary

(7 salaries)

₹6.8 L/yr - ₹14 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Salary related reviews for SKF

5.0

Rated by 1 employees for salary & benefits

Senior Product Owner in Bangalore / Bengaluru

Product Management Department

3.0

• posted on 04 Aug 2020

4.0

for Salary and Benefits

Likes

Job seems to be secured unless you work from office. No WFH during pandemic. Its not an IT company please keep in mind its a part of the factory and all factory rules applicable.

Dislikes

Compensation is decent. No much work pressure. No work from home even though there is no machine dependency. Factory rules for IT people makes no sense

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.

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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SKF Product Manager Salary FAQs

What is the salary of Product Manager at SKF?

Product Manager salary at SKF in India ranges between ₹15.5 Lakhs to ₹22.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 11% less than the average Product Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SKF India.

How does the salary of a Product Manager at SKF India compare with the average salary range for this job?

The average salary of a Product Manager at SKF is 11% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.

What is the salary of a Product Manager in companies similar to SKF in India?

Bosch Product Manager Salary - ₹7.6 Lakhs to ₹31.2 Lakhs per year
Asahi India Glass Product Manager Salary - ₹10.3 Lakhs to ₹21.5 Lakhs per year
Spark Minda Product Manager Salary - ₹4.3 Lakhs to ₹23.5 Lakhs per year
Pricol Product Manager Salary - ₹12.5 Lakhs to ₹17.0 Lakhs per year
Schaeffler India Product Manager Salary - ₹12.2 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a Product Manager at SKF in India?

The estimated take-home salary of a Product Manager at SKF ranges between ₹1,27,058 per month to ₹1,31,254 per month in India. The take-home salary calculation is based on the average SKF Product Manager salary in India which ranges between ₹15.5 Lakhs to ₹22.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at SKF?

According to AmbitionBox, 83% of the SKF Product Managers reported a notice period of 2 Months, 17% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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SKF Product Manager Salaries

SKF Product Manager salary in India ranges between ₹15.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SKF latest salaries received from various employees of SKF.