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Tata Steel

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4.1

based on 6.9k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Tata Steel Business Manager salaries in India

Annual salary range
6 - 16 years exp.
₹4 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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44% less than the average Business Manager Salary in Iron & Steel Companies for 6 - 16 years of experience

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Salaries in different departments

Sales & Business Development
Business Manager Salary
8 - 16 years exp. (10 salaries)
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₹4 L/yr - ₹8.5 L/yr

Marketing & Communication
Business Manager Salary
6 - 9 years exp. (5 salaries)
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₹4.5 L/yr - ₹6.6 L/yr

BFSI, Investments & Trading
Business Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹8 L/yr

Last Updated: 3 Nov 2024

Companies similar to Tata Steel for Business Manager

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₹20 L/yr - ₹42.5 L/yr

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AU Small Finance Bank Business Manager Salary

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L&T Finance Business Manager Salary

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₹3.4 L/yr - ₹9 L/yr

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Aavas Financiers Business Manager Salary

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₹2.5 L/yr - ₹7.9 L/yr

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Business Manager salary at Tata Steel ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 18 latest salaries received from various employees of Tata Steel.

Latest annual salaries shared by Tata Steel Business Manager

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9 years exp.
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8 years exp.
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16 years exp.
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15 years exp.
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11 years exp.
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14 years exp.
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12 years exp.
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14 years exp.
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10 years exp.
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6 years exp.

Experience wise Tata Steel Business Manager salaries

Last Updated: 3 Nov 2024

Experience Avg Annual Salary
6 years  (3 salaries)

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₹4.8 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹11.3 L/yr
8 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹7 L/yr
9 years  (3 salaries)

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₹4.8 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹11.1 L/yr
View all

Similar Designation salaries in Tata Steel

Area Business Manager Salary
(AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr
Branch Manager Salary
(3 salaries)
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₹3.2 L/yr - ₹7.8 L/yr
Sales Manager Salary
(198 salaries)
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₹9.46 L/yr - ₹29 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Store Manager Salary
(4 salaries)
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₹6 L/yr - ₹6.82 L/yr
Area Manager Salary
(174 salaries)
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₹10.09 L/yr - ₹34 L/yr
Deputy Manager Salary
(170 salaries)
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₹4.5 L/yr - ₹17.6 L/yr
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₹6.95 L/yr - ₹15 L/yr
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₹6 L/yr - ₹22 L/yr
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₹7.3 L/yr - ₹26 L/yr

Salary related reviews for Tata Steel

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Procurement & Supply Chain Department

2.0
  •  posted on 18 Jan 2024

1.0
 for  Salary and Benefits

Likes

Very high Job security almost equivalent to government jobs. Good work life balance.

Dislikes

Extremely slow growth exactly like government jobs. Minimal increament and low average package for an MBA graduate from top tier B school. This is not a company one should join after completing MBA. The work culture is not suitable for MBA grads and average age in almost every team is 45+ In my opinion, my reporting manager was a head of department who was micromanaging and had come from a marketing background directly into procurement without any knowledge of procurement. Weird way of promoting people in cross functions.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 18 May 2023

1.0
 for  Salary and Benefits

Likes

Job security is good, if you don't work hard then you don't get good ratings but job is secure.

Dislikes

- very low pay scale - very low bonus - company doesn't follow any time line of increment of salary or bonus. - very slow HR department - management doesn't respect extra effort of employees

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Full Time

 · 

Procurement & Supply Chain Department

2.0
  •  posted on 22 Sep 2022

1.0
 for  Salary and Benefits

Likes

Location is good. Tata brand.

Dislikes

There is a whole list. Heavy corporate politics, nepotism at its peak, benefits are just an illusion, management is highly unprofessional, compensation is industry lowest, CTC is flawed, employees' overall development is zero, and many many more. If you want to regret one thing in your life - just join here.

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Sales & Business Development Department

5.0
  •  posted on 14 Apr 2022

4.0
 for  Salary and Benefits

Likes

...ue and work ethics 2. Job security 3. Lots of opportunities to learn and grow 4. Streamlined process in work & compensation 5. Brand value and good image amongst customers/stakeholders & Lots more

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Dislikes

Limited growth opportunities

Sales & Marketing Department

4.0
  •  posted on 22 Nov 2021

3.0
 for  Salary and Benefits

Likes

Work life balance, ethics & good people around

Dislikes

Slow growth. For laterals, negotiate your salary well. Don't get trapped in Tata's brand name, as there won't be salary appraisals on entire CTC. Low compensation.

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Tata Steel Business Manager Salary FAQs

What is the salary of Business Manager at Tata Steel?
Business Manager salary at Tata Steel in India ranges between ₹4.0 Lakhs to ₹8.5 Lakhs for experience between 6 years to 16 years. According to our estimates it is 44% less than the average Business Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Tata Steel India.
How does the salary of a Business Manager at Tata Steel India compare with the average salary range for this job?
The average salary of a Business Manager at Tata Steel is 44% less than the average salary of a Business Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Tata Steel to a Business Manager in India?
  • IBM Business Manager Salary - ₹20.0 Lakhs to ₹42.5 Lakhs per year
  • LivSpace Business Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
  • L&T Finance Business Manager Salary - ₹3.4 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Business Manager in companies similar to Tata Steel in India?
  • Aavas Financiers Business Manager Salary - ₹2.5 Lakhs to ₹7.9 Lakhs per year
  • AU Small Finance Bank Business Manager Salary - ₹2.1 Lakhs to ₹7.8 Lakhs per year
What is the estimated take home salary of a Business Manager at Tata Steel in India?
The estimated take-home salary of a Business Manager at Tata Steel ranges between ₹47,051 per month to ₹48,165 per month in India. The take-home salary calculation is based on the average Tata Steel Business Manager salary in India which ranges between ₹4.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?
What is the notice period for Business Manager at Tata Steel?
According to AmbitionBox, 38% of the Tata Steel Business Managers reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Tata Steel Business Manager salary in India ranges between ₹4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Tata Steel latest salaries received from various employees of Tata Steel.