Tata Steel Innovation Manager Salaries by 4 Employees (Updated 2024)

3 - 7 years exp.

₹12.4 Lakhs - ₹25.7 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Innovation Manager Salary in Iron & Steel Companies for 3 - 7 years of experience

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Last Updated: 16 Aug 2023

Companies similar to Tata Steel for Innovation Manager

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Innovation Manager Salary 2 - 9 years exp. (10 salaries)	₹18 L/yr - ₹27 L/yr 22% more	2 job openings
Deloitte Innovation Manager Salary 7 - 12 years exp. (7 salaries)	₹17.5 L/yr - ₹20.8 L/yr 15% more
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Capgemini Innovation Manager Salary 7 - 15 years exp. (7 salaries)	₹11 L/yr - ₹18.8 L/yr 18% less
Hindustan Unilever Innovation Manager Salary 3 - 18 years exp. (5 salaries)	₹28 L/yr - ₹45 L/yr 101% more
AB InBev India Innovation Manager Salary 9 - 10 years exp. (5 salaries)	₹24.5 L/yr - ₹39 L/yr 64% more

Innovation Manager salary at Tata Steel ranges between ₹12.4 Lakhs to ₹25.7 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Innovation Manager salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹12.4 L/yr
4 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.2 L/yr
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5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹37.6 L/yr
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹25.7 L/yr

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Salary related reviews for Tata Steel

Project Engineer in Jamshedpur

Full Time

Construction & Site Engineering Department

3.0

• posted on 29 Feb 2024

3.0

for Salary and Benefits

Likes

Work life is balanced in this company

Dislikes

...ou will not be aware of that. Their attitude and ego is as high as IAS officers. They will add your bonus amount to CTC and provide your ctc structure in informal format and it will vary in your appointment letter so please do recheck and negotiate again

Lead Engineer in Angul

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Aug 2023

3.0

for Salary and Benefits

Likes

If you have a talent of flattering then your salary and grades will be in sky High.

Dislikes

Tata think that ,the college from where they hired student only here in B.tech engineering subjects are teaches to the students in other colleges Tata think in B.tech except engineering subjects other subjects like history, geography, seismology teaches to the students.

Junior Engineer in Khopoli

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing , only feel proud for work with TATA

Dislikes

...large amount pay for launch . Work culture is not good , not any satisfaction . Salary comes very little in hand . Doing extra hours duty with 6 days working .

Deputy Manager in Jamshedpur

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

Deputy Manager in Jamshedpur

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tata Steel Innovation Manager Salary FAQs

What is the salary of Innovation Manager at Tata Steel?

Innovation Manager salary at Tata Steel in India ranges between ₹12.4 Lakhs to ₹25.7 Lakhs for experience between 3 years to 7 years. According to our estimates it is 25% less than the average Innovation Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel India.

How does the salary of a Innovation Manager at Tata Steel India compare with the average salary range for this job?

The average salary of a Innovation Manager at Tata Steel is 25% less than the average salary of a Innovation Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tata Steel to a Innovation Manager in India?

Hindustan Unilever Innovation Manager Salary - ₹28.0 Lakhs to ₹45.0 Lakhs per year
AB InBev India Innovation Manager Salary - ₹24.5 Lakhs to ₹39.0 Lakhs per year
Maruti Suzuki Innovation Manager Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year
Deloitte Innovation Manager Salary - ₹17.5 Lakhs to ₹20.8 Lakhs per year

What is the salary of a Innovation Manager in companies similar to Tata Steel in India?

Capgemini Innovation Manager Salary - ₹11.0 Lakhs to ₹18.8 Lakhs per year

What is the estimated take home salary of a Innovation Manager at Tata Steel in India?

The estimated take-home salary of a Innovation Manager at Tata Steel ranges between ₹1,19,773 per month to ₹1,23,133 per month in India. The take-home salary calculation is based on the average Tata Steel Innovation Manager salary in India which ranges between ₹12.4 Lakhs to ₹25.7 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Innovation Manager at Tata Steel?

According to AmbitionBox, 100% of the Tata Steel Innovation Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Tata Steel Innovation Manager Salaries

Tata Steel Innovation Manager salary in India ranges between ₹12.4 Lakhs to ₹25.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Steel latest salaries received from various employees of Tata Steel.