Sl Lumax Manager Materials Salaries by 4 Employees

23 - 24 years exp.

₹13.5 Lakhs - ₹16 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Manager Materials Salary in Auto Components Companies for 23 - 24 years of experience

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Last Updated: 10 Nov 2023

Companies similar to Sl Lumax for Manager Materials

Company name	Avg Annual Salary	Open Jobs
Lumax Industries Manager Materials Salary 14 - 19 years exp. (6 salaries)	₹11.5 L/yr - ₹15 L/yr 4% less
CIE Automotive Manager Materials Salary 17 - 23 years exp. (5 salaries)	₹6.1 L/yr - ₹10.9 L/yr 42% less
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Sandhar Technologies Manager Materials Salary 13 - 17 years exp. (3 salaries)	₹12.5 L/yr - ₹13.1 L/yr 14% less
Bharat Forge Manager Materials Salary 15 - 18 years exp. (3 salaries)	₹11.8 L/yr - ₹15 L/yr 11% less
Imperial Auto Industries Manager Materials Salary 23 - 26 years exp. (3 salaries)	₹8.4 L/yr - ₹9 L/yr 41% less

Manager Materials salary at Sl Lumax ranges between ₹13.5 Lakhs to ₹16 Lakhs per year for employees with experience between 23 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Sl Lumax.

Experience wise Sl Lumax Manager Materials salaries

Last Updated: 10 Nov 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹13.5 L/yr - ₹16 L/yr
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Salary related reviews for Sl Lumax

Sales Executive in Chennai

Full Time

Sales & Business Development Department

3.0

• posted on 15 Dec 2024

1.0

for Salary and Benefits

Likes

When a fresher enters gains all in depth of knowledge about their department roles, also it is good for skill development.

Skill development - Good

+1 more

Dislikes

There will be a internal politics which is very unfortunate for career, coming to salary there is an very slow growth which is dependent on the politics and your health and work life balance cannot be maintained well.

Salary - Bad

+2 more

Design Engineer in Chennai

Full Time

Research & Development Department

1.0

• posted on 23 Mar 2024

1.0

for Salary and Benefits

Likes

you can learn something if you don.t expect good salary , better company for freshers not for experience person

Dislikes

there is no work life balance in IEC (R&D) department they have their own rule, in offer letter there is mention notice period is 7 days but you need to serve 90 days HOD is very cheapest mind there is one EEDT team please don't join this team they will give more frustration over all if you get chance to any other company please join here don't join all are cheapest mind guy

Salary - Bad

+4 more

Company Trainee in Sriperumbudur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 13 Feb 2023

3.0

for Salary and Benefits

Likes

1-salary will credit on time 2-our line inchrarge behavior was good,But i dont know how about others.....

Dislikes

1-you need to work 10-12 hrs no other option 2-in drive They will say we will arrange for accommodation but later they have say there is no accommodation you need to see of your own 3-need to clean your place (mean)your line fully 4-vadakans work some time you need to do vadankan say that all lines are running what can i do and they will support for that vadakan 5-we need to pay for food in every month and token for tea food ,...if you ask extra 1 dosa or idly or rice they will see you as a begger and said no 6-there is no safty shoes 7-there is zero knoledge you will get 8-some times sunday also you need to work 9-if you are in sick they ask to come to company and give 50min rest and ask you to work 10-the team idiot named as BSD they think the company is theres (not all) and there are many...................

Skill development - Bad

+5 more

Trainee in Sriperumbudur

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 25 Jun 2023

2.0

for Salary and Benefits

Likes

The food & transportation services are good & the goodies given after every day shift & montly once.

Job security - Good

Dislikes

Promises made by the HR team are the worst & not even kept up. Salary will not be as said by the HR team & the forced OT hours.

Salary - Poor

+2 more

CFD Engineer in Chennai

Research & Development Department

3.0

• posted on 19 Mar 2022

1.0

for Salary and Benefits

Likes

Good for freshers who are interested in Design. Good training program.

Skill development - Good

Dislikes

...11hrs/per day). Rotational shifts can disturb your physical and mental health. Salary in low for freshers.

Salary - Bad

+3 more

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Sl Lumax Manager Materials Salary FAQs

What is the salary of Manager Materials at Sl Lumax ?

The average salary of a Manager Materials at Sl Lumax in India typically ranges from ₹13.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 23 years to 24 years).

The top 10% of Manager Materials at Sl Lumax earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Manager Materials Salaries at Sl Lumax 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 Sl Lumax employees in India.

What is the estimated take home salary of a Manager Materials at Sl Lumax in India?

The estimated take-home salary of a Manager Materials at Sl Lumax in India typically ranges from ₹1,02,803 to ₹1,05,615 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 23 years to 24 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 Sl Lumax. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Manager Materials in companies similar to Sl Lumax in India?

The salary of a Manager Materials at companies similar to Sl Lumax in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lumax Industries	₹11.5 Lakhs to ₹15.0 Lakhs per year
Bharat Forge	₹11.8 Lakhs to ₹15.0 Lakhs per year
Sandhar Technologies	₹12.5 Lakhs to ₹13.1 Lakhs per year
Imperial Auto Industries	₹8.4 Lakhs to ₹9.0 Lakhs per year
CIE Automotive	₹6.1 Lakhs to ₹10.9 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 Manager Materials at Sl Lumax in India?

The salary growth for a Manager Materials at Sl Lumax depends on factors such as experience, performance, and promotions. On average, a Manager Materials can expect the following growth trajectory at Sl Lumax:

Experience	Average Salary Range
15 years	₹13.5 Lakhs to ₹16.0 Lakhs per year

and so on.

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Sl Lumax Manager Materials Salaries

Sl Lumax Manager Materials salary in India ranges between ₹13.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Sl Lumax latest salaries received from various employees of Sl Lumax.