SPM Instrument Branch Manager Salaries by 5 Employees

17 - 22 years exp.

₹7.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Branch Manager Salary in Industrial Automation Companies for 17 - 22 years of experience

Interested in this particular role?

Last Updated: 23 May 2023

Companies similar to SPM Instrument for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Rexel Branch Manager Salary 10 - 17 years exp. (7 salaries)	₹11 L/yr - ₹20 L/yr 77% more
ICICI Bank Branch Manager Salary 4 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹23 L/yr 55% more
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HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.5 L/yr - ₹26.9 L/yr 81% more	16 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1.1k salaries)	₹7 L/yr - ₹26 L/yr 94% more	1 job opening
IIFL Finance Branch Manager Salary 2 - 16 years exp. (1k salaries)	₹2.2 L/yr - ₹8 L/yr 34% less	10 job openings

Branch Manager salary at SPM Instrument ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of SPM Instrument.

Experience wise SPM Instrument Branch Manager salaries

Last Updated: 23 May 2023

Experience	Avg Annual Salary
15+ years (5 salaries)	₹7.5 L/yr - ₹9 L/yr
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Similar Designation salaries in SPM Instrument

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Accountant Salary

(4 salaries)

₹1.05 L/yr - ₹4.8 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Salary related reviews for SPM Instrument

Senior Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

1.0

• posted on 30 Jul 2021

1.0

for Salary and Benefits

Likes

They have the tech to get into any firm, other than that the management is terrible. Don't use their resources to full use.

Dislikes

Work environment is totally baised. Carrer growth is slow, salary is very low even for a trained engineer.

Salary - Bad

+6 more

Senior Regional Sales Engineer in Hyderabad / Secunderabad

Sales & Marketing Department

1.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

The only benifit you can get working in SPM is to get your self future ready for the situation you are not prepared for . Majority of time you are left alone to figure out how to deal with the situation. Technical people don't give a damm what sales people want because it's partially up to technical people how well they do the representation at the time of demo you have to tolerate their tantrums.the company wants the best result in less expense so they mostly hire either fresher or less talented people and offer them less money ( far below market standards). The experience will be rich if you learn on your own and never expect anyone to help you out in any task (even the teamwork crashes outside spm .it is far scared to go inside ). Because the product they deal in is used by mostly every OEMs you will get chance to experience amazing customer experience .yes mostly will not workout in your way because of HO support but you will learn alot. Better to join spm if you are bachelor coz there is no life in the company too. HR guy is completely useless I will not be surprised if he doesn't know the role and responsibilities of a HR guy . Though the company director is seriously a genuine guy but he has his own limitation. So if you have no option left and are desperately looking for a job join spm and get the experience there is no harm in that.

Dislikes

Have already mentioned everything in the" what I do I like " section.

Salary - Bad

+5 more

Graduate Engineer Trainee (Get) in Hyderabad / Secunderabad

Predictive maintenance Department

3.0

• posted on 03 Jun 2021

1.0

for Salary and Benefits

Likes

It is good..but it provides contract which may be not suitable because of over work condition and unsafe condition.it all depends on contract...where I was working the condition was worse but if the plant is small then there is satisfactory and can learn more..if the plant is big the condition of an engineer will be lika a worker and can't gain much knowledge

Skill development - Good

+1 more

Dislikes

Unsafe working condition

Salary - Bad

+4 more

Production Supervisor in Telangana

Peddapalli Department

4.0

• posted on 08 Nov 2020

3.0

for Salary and Benefits

Likes

Actually I work as a supervisor in SPM WORKSHOP and it was good . The career growth in this company is higher electrical background not that much for mechanical background

Skill development - Good

+3 more

Dislikes

The oil smell and the workers offensive language

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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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SPM Instrument Branch Manager Salary FAQs

What is the salary of Branch Manager at SPM Instrument ?

The average salary of a Branch Manager at SPM Instrument in India typically ranges from ₹7.5 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 17 years to 22 years).

The top 10% of Branch Manager at SPM Instrument earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Branch Manager Salaries at SPM Instrument 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 5 SPM Instrument employees in India.

What is the estimated take home salary of a Branch Manager at SPM Instrument in India?

The estimated take-home salary of a Branch Manager at SPM Instrument in India typically ranges from ₹61,072 to ₹62,620 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 17 years to 22 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 5 salaries received from various employees of SPM Instrument. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SPM Instrument for Branch Manager in India?

Kotak Mahindra Bank	₹7.0 Lakhs to ₹26.0 Lakhs per year
HDFC Bank	₹6.5 Lakhs to ₹26.9 Lakhs per year
Rexel	₹11.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹5.3 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Branch Manager in companies similar to SPM Instrument in India?

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

IIFL Finance

₹2.2 Lakhs to ₹8.0 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 Branch Manager at SPM Instrument in India?

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

Experience	Average Salary Range
15 years	₹7.5 Lakhs to ₹9.0 Lakhs per year

and so on.

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SPM Instrument Branch Manager Salaries

SPM Instrument Branch Manager salary in India ranges between ₹7.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SPM Instrument latest salaries received from various employees of SPM Instrument.