Stovec Industries Assistant Manager Design Salaries by 4 Employees

11 - 15 years exp.

₹9.7 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

26% more than the average Assistant Manager Design Salary in Industrial Machinery Companies for 11 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Assistant Manager Design Salary 13 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.3 L/yr
Procurement & Supply Chain Assistant Manager Design Salary 11 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹10.7 L/yr
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Research & Development Assistant Manager Design Salary 15 years exp. (AmbitionBox Estimate)	₹12.2 L/yr - ₹14.9 L/yr

Last Updated: 10 Aug 2023

Companies similar to Stovec Industries for Assistant Manager Design

Company name	Avg Annual Salary	Open Jobs
Axtel Industries Assistant Manager Design Salary 8 - 11 years exp. (7 salaries)	₹9 L/yr - ₹12 L/yr 12% less
Usha Breco Assistant Manager Design Salary 5 - 19 years exp. (4 salaries)	₹5.2 L/yr - ₹11 L/yr 35% less
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ITL Industries Assistant Manager Design Salary 8 - 10 years exp. (3 salaries)	₹6.5 L/yr - ₹8 L/yr 36% less
Godrej & Boyce Manufacturing Assistant Manager Design Salary 1 - 10 years exp. (47 salaries)	₹5.5 L/yr - ₹10 L/yr 33% less
Larsen & Toubro Limited Assistant Manager Design Salary 4 - 13 years exp. (47 salaries)	₹6 L/yr - ₹16 L/yr 9% less

Assistant Manager Design salary at Stovec Industries ranges between ₹9.7 Lakhs to ₹13.5 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Stovec Industries.

Experience wise Stovec Industries Assistant Manager Design salaries

Last Updated: 10 Aug 2023

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
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14 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
15+ years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr

Similar Designation salaries in Stovec Industries

Industrial Automation Engineer Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Senior Executive Design Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Design Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Assistant Manager Process Engineering Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Assistant Manager Design & Development Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Executive Design Engineer Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for Stovec Industries

Executive in Ahmedabad

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Sep 2017

4.0

for Salary and Benefits

Likes

The company is very innovative.This is my good fortune that I am a part of the SPG team as market reliable & high quality products. I have worked here in production department,Q.C.department & in logistics with creating a new remarkable achievement's.

Salary - Good

+6 more

Dislikes

... value an individual or it's part of his job to stretch more his subordinates. Compensation is good but growth is very slow.Appreciations will come through the year, but it isn't visible in appraisal.

Senior Design Engineer in Ahmedabad

Full Time

Research & Development Department

4.0

• posted on 04 Aug 2018

4.0

for Salary and Benefits

Likes

The company started from 1967 is one of the leaders in textile printing arena. The products are designed to Carter the tier-2 and tier-3 level customers in India and abroad. The company has adiversified portfolio, and has a considerbly consistent growth since inception. Run by an Indian management which believes in humanity first, so job security comes first. A company with minimum attrition rate. One can secure a good paying job with considerable work life balance, with a calm working atmosphere. As number of employees are less, so is office politics.

Salary - Good

+2 more

Dislikes

The company has seen many up and down in all these years. The products seems to be outdated and requires major overhaul considering today's trends and competitive market. The value addition in products considering the years the company has been in the market is poor. I feel you can join this organisation after the age of 35, when your liabilities push you to work than your job satisfaction. You can peacefully retire here dishing out the same repeative work over all the years.

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Stovec Industries Assistant Manager Design Salary FAQs

What is the salary of Assistant Manager Design at Stovec Industries ?

The average salary of a Assistant Manager Design at Stovec Industries in India typically ranges from ₹9.7 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Assistant Manager Design at Stovec Industries earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Assistant Manager Design Salaries at Stovec Industries 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 Stovec Industries employees in India.

What is the estimated take home salary of a Assistant Manager Design at Stovec Industries in India?

The estimated take-home salary of a Assistant Manager Design at Stovec Industries in India typically ranges from ₹83,114 to ₹85,285 per month. This is based on the average salary range of ₹9.7 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 11 years to 15 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 Stovec Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant Manager Design in companies similar to Stovec Industries in India?

The salary of a Assistant Manager Design at companies similar to Stovec Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited	₹6.0 Lakhs to ₹16.0 Lakhs per year
Axtel Industries	₹9.0 Lakhs to ₹12.0 Lakhs per year
Godrej & Boyce Manufacturing	₹5.5 Lakhs to ₹10.0 Lakhs per year
Usha Breco	₹5.2 Lakhs to ₹11.0 Lakhs per year
ITL Industries	₹6.5 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 Assistant Manager Design at Stovec Industries in India?

The salary growth for a Assistant Manager Design at Stovec Industries depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Design can expect the following growth trajectory at Stovec Industries:

Experience	Average Salary Range
11 years	₹8.7 Lakhs to ₹11.2 Lakhs per year
13 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
14 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
15 years	₹12.2 Lakhs to ₹15.5 Lakhs per year

and so on.

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Stovec Industries Assistant Manager Design Salaries

Stovec Industries Assistant Manager Design salary in India ranges between ₹9.7 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Stovec Industries latest salaries received from various employees of Stovec Industries.