Spaco Technologies Junior Material Manager Salaries by 4 Employees

16 - 19 years exp.

₹7.6 Lakhs - ₹8.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% more than the average Junior Material Manager Salary in Automobile Companies for 16 - 19 years of experience

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Last Updated: 30 Dec 2024

Companies similar to Spaco Technologies for Junior Material Manager

Company name	Avg Annual Salary	Open Jobs
The Ramco Cements Junior Material Manager Salary 8 - 15 years exp. (5 salaries)	₹7 L/yr - ₹15 L/yr 29% more
Login to view exact salary
Nelson Global Products Junior Material Manager Salary 9 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹6.8 L/yr 28% less

Junior Material Manager salary at Spaco Technologies ranges between ₹7.6 Lakhs to ₹8.7 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Spaco Technologies.

Experience wise Spaco Technologies Junior Material Manager salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹7.6 L/yr - ₹8.7 L/yr
Login to view exact salary

Salary related reviews for Spaco Technologies

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Salary Discussions, Hike & Promotions

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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Spaco Technologies Junior Material Manager Salary FAQs

What is the salary of Junior Material Manager at Spaco Technologies ?

The average salary of a Junior Material Manager at Spaco Technologies in India typically ranges from ₹7.6 Lakhs to ₹8.7 Lakhs per year, depending on experience (from 16 years to 19 years).

The top 10% of Junior Material Manager at Spaco Technologies earn more than ₹8.7 Lakhs per year, and the top 1% earn over ₹8.7 Lakhs per year. Junior Material Manager Salaries at Spaco Technologies 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 Spaco Technologies employees in India.

What is the estimated take home salary of a Junior Material Manager at Spaco Technologies in India?

The estimated take-home salary of a Junior Material Manager at Spaco Technologies in India typically ranges from ₹60,007 to ₹61,524 per month. This is based on the average salary range of ₹7.6 Lakhs to ₹8.7 Lakhs per year for employees with experience ranging from 16 years to 19 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 Spaco Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spaco Technologies for Junior Material Manager in India?

The Ramco Cements

₹7.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Spaco Technologies, depending on the role and experience level.

What is the salary of a Junior Material Manager in companies similar to Spaco Technologies in India?

The salary of a Junior Material Manager at companies similar to Spaco Technologies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nelson Global Products

₹5.3 Lakhs to ₹6.8 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 Junior Material Manager at Spaco Technologies in India?

The salary growth for a Junior Material Manager at Spaco Technologies depends on factors such as experience, performance, and promotions. On average, a Junior Material Manager can expect the following growth trajectory at Spaco Technologies:

Experience	Average Salary Range
15 years	₹7.6 Lakhs to ₹8.7 Lakhs per year

and so on.

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Spaco Technologies Junior Material Manager Salaries

Spaco Technologies Junior Material Manager salary in India ranges between ₹7.6 Lakhs to ₹8.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spaco Technologies latest salaries received from various employees of Spaco Technologies.