TVS Motor R&D Manager Salaries by 4 Employees (Updated 2024)

18 - 20 years exp.

₹15.5 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

24% less than the average R&D Manager Salary in Automobile Companies for 18 - 20 years of experience

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Salaries in different departments

Research & Development R&D Manager Salary 18 - 20 years exp. (3 salaries)	₹15.5 L/yr - ₹18 L/yr
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Engineering - Software & QA R&D Manager Salary 18 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 22 Apr 2023

Companies similar to TVS Motor for R&D Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Auto R&D Manager Salary 4 - 23 years exp. (36 salaries)	₹12.8 L/yr - ₹42 L/yr 65% more
Maruti Suzuki R&D Manager Salary 8 - 12 years exp. (7 salaries)	₹18 L/yr - ₹26 L/yr 34% more
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Mahindra & Mahindra R&D Manager Salary 13 - 19 years exp. (6 salaries)	₹23 L/yr - ₹28 L/yr 61% more
VE Commercial Vehicles R&D Manager Salary 14 - 17 years exp. (4 salaries)	₹23.6 L/yr - ₹28 L/yr 59% more
Escorts Kubota Limited R&D Manager Salary 4 - 12 years exp. (4 salaries)	₹8.5 L/yr - ₹12.7 L/yr 37% less
Tata Motors R&D Manager Salary 10 - 18 years exp. (3 salaries)	₹14.1 L/yr - ₹25 L/yr 29% more

R&D Manager salary at TVS Motor ranges between ₹15.5 Lakhs to ₹18 Lakhs per year for employees with experience between 18 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Motor.

Experience wise TVS Motor R&D Manager salaries

Last Updated: 22 Apr 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹15.5 L/yr - ₹18 L/yr
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Salary related reviews for TVS Motor

Senior CAE Engineer in Hosur

Full Time

Research & Development Department

1.0

• posted on 28 Dec 2022

2.0

for Salary and Benefits

Likes

more opportunity to learn

Dislikes

worst work culture and work ethics Management treats employees like they own them for the salary given so unconditionally they have to do and work as they been told. zero work life balance

Graduate Apprentice Trainee in Hosur

Full Time

Engineering - Software & QA Department

4.0

• posted on 03 Sep 2022

3.0

for Salary and Benefits

Likes

Good for learning new skills.

Dislikes

...agers only think about jobs. no support, we need learn by swimming in the sea. Worst is the last month salary + settlement money not received till, it was nearly 3 months after I releived from the job

Deputy Manager in Pune

Full Time

Sales & Business Development Department

2.0

• posted on 19 Oct 2024

3.0

for Salary and Benefits

Likes

Salary & Perks are Ok Benefits are competitive Policies are good (on paper only)

Dislikes

Poor HR commitments Unprofessional Culture Boss Driven Culture No systems & Processes Extreme Pressure & Micro-Management No Clarity with organisation with what to do & how to do. Just throwing stones around. HR people asks for money to new joiners HR people makes false commitments No pay benefits for extra work time Leaves depends on Boss approval and they deny mostly

Asst.Marketing Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

5.0

• posted on 05 Sep 2024

5.0

for Salary and Benefits

Likes

Some say that working at tvs motors company has following has the following positives Good learning opprrtunities Employees say that tvs motors is a good place to learn new skills Good work culture same say that TVS motor has a good work culture and

Dislikes

Work life balance some say three is no worklif balance aqnd extended workings hours pay some say the pay is low and less than competitors mangemet some say there are bad manger and politics work pressure some say there is excessive work pressure

Service Engineer in Lucknow

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 02 Sep 2024

3.0

for Salary and Benefits

Likes

1. You must have a skill to negotiation then salary is good 2. Learning and skill development is good

Dislikes

1. Partial Management 2. Unprofessional behavior 3. Unnecessary pressure 4. Trying to pressurized you to achieve the targets then they will get bonus not you

see more salary related reviews

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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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TVS Motor R&D Manager Salary FAQs

What is the salary of R&D Manager at TVS Motor?

R&D Manager salary at TVS Motor in India ranges between ₹15.5 Lakhs to ₹18.0 Lakhs for experience between 18 years to 20 years. According to our estimates it is 24% less than the average R&D Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of TVS Motor India.

How does the salary of a R&D Manager at TVS Motor India compare with the average salary range for this job?

The average salary of a R&D Manager at TVS Motor is 24% less than the average salary of a R&D Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than TVS Motor to a R&D Manager in India?

Bajaj Auto R&D Manager Salary - ₹12.8 Lakhs to ₹42.0 Lakhs per year
Mahindra & Mahindra R&D Manager Salary - ₹23.0 Lakhs to ₹28.0 Lakhs per year
VE Commercial Vehicles R&D Manager Salary - ₹23.6 Lakhs to ₹28.0 Lakhs per year
Maruti Suzuki R&D Manager Salary - ₹18.0 Lakhs to ₹26.0 Lakhs per year
Tata Motors R&D Manager Salary - ₹14.1 Lakhs to ₹25.0 Lakhs per year

What is the salary of a R&D Manager in companies similar to TVS Motor in India?

Escorts Kubota Limited R&D Manager Salary - ₹8.5 Lakhs to ₹12.7 Lakhs per year

What is the estimated take home salary of a R&D Manager at TVS Motor in India?

The estimated take-home salary of a R&D Manager at TVS Motor ranges between ₹1,12,800 per month to ₹1,15,935 per month in India. The take-home salary calculation is based on the average TVS Motor R&D Manager salary in India which ranges between ₹15.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 18 years to 20 years. Check how did we calculate take home salary?

What is the notice period for R&D Manager at TVS Motor?

According to AmbitionBox, 57% of the TVS Motor R&D Managers reported a notice period of 3 Months, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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TVS Motor R&D Manager Salaries

TVS Motor R&D Manager salary in India ranges between ₹15.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Motor latest salaries received from various employees of TVS Motor.