TITAGARH WAGONS Assistant Manager Materials Salaries by 4 Employees

5 - 22 years exp.

₹4 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Assistant Manager Materials Salary in Industrial Machinery Companies for 5 - 22 years of experience

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Last Updated: 8 Apr 2024

Companies similar to TITAGARH WAGONS for Assistant Manager Materials

Company name	Avg Annual Salary	Open Jobs
Thermax Limited Assistant Manager Materials Salary 10 - 16 years exp. (8 salaries)	₹7.1 L/yr - ₹11 L/yr 126% more
Isgec Heavy Engineering Assistant Manager Materials Salary 11 - 17 years exp. (7 salaries)	₹10 L/yr - ₹14 L/yr 197% more
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Windsor Machines Assistant Manager Materials Salary 10 - 14 years exp. (4 salaries)	₹8.3 L/yr - ₹9.9 L/yr 121% more
Tata Projects Assistant Manager Materials Salary 16 - 28 years exp. (21 salaries)	₹8.2 L/yr - ₹13.5 L/yr 165% more
Godrej & Boyce Manufacturing Assistant Manager Materials Salary 0 - 17 years exp. (19 salaries)	₹4.6 L/yr - ₹10 L/yr 81% more

Assistant Manager Materials salary at TITAGARH WAGONS ranges between ₹4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 5 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of TITAGARH WAGONS.

Experience wise TITAGARH WAGONS Assistant Manager Materials salaries

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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15+ years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

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Salary related reviews for TITAGARH WAGONS

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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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TITAGARH WAGONS Assistant Manager Materials Salary FAQs

What is the salary of Assistant Manager Materials at TITAGARH WAGONS ?

The average salary of a Assistant Manager Materials at TITAGARH WAGONS in India typically ranges from ₹4.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 5 years to 22 years).

The top 10% of Assistant Manager Materials at TITAGARH WAGONS earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager Materials Salaries at TITAGARH WAGONS 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 TITAGARH WAGONS employees in India.

What is the estimated take home salary of a Assistant Manager Materials at TITAGARH WAGONS in India?

The estimated take-home salary of a Assistant Manager Materials at TITAGARH WAGONS in India typically ranges from ₹30,535 to ₹31,841 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 5 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 4 salaries received from various employees of TITAGARH WAGONS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TITAGARH WAGONS for Assistant Manager Materials in India?

Isgec Heavy Engineering	₹10.0 Lakhs to ₹14.0 Lakhs per year
Tata Projects	₹8.2 Lakhs to ₹13.5 Lakhs per year
Thermax Limited	₹7.1 Lakhs to ₹11.0 Lakhs per year
Windsor Machines	₹8.3 Lakhs to ₹9.9 Lakhs per year
Godrej & Boyce Manufacturing	₹4.6 Lakhs to ₹10.0 Lakhs per year

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

How the salary growth look like for a Assistant Manager Materials at TITAGARH WAGONS in India?

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

Experience	Average Salary Range
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
6 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
15 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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TITAGARH WAGONS Assistant Manager Materials Salaries

TITAGARH WAGONS Assistant Manager Materials salary in India ranges between ₹4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TITAGARH WAGONS latest salaries received from various employees of TITAGARH WAGONS.