UltraTech Cement Mumbai Senior Vice President Salaries by 5 Employees

25 - 31 years exp.

₹85 Lakhs - ₹1.1 Crore

Avg. annual salary

Monthly In-hand Salary

52% more than the average Senior Vice President Salary in Building Material Companies for 25 - 31 years of experience

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Last Updated: 23 Oct 2024

Companies similar to UltraTech Cement for Senior Vice President in Mumbai

UltraTech Cement Senior Vice President Salary

25 - 31 years exp. (5 salaries)

₹85 L/yr - ₹1.1 Cr/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Vice President Salary 10 - 23 years exp. (441 salaries)	₹15 L/yr - ₹46 L/yr 63% less
Citicorp Senior Vice President Salary 14 - 24 years exp. (182 salaries)	₹43 L/yr - ₹1 Cr/yr 15% less
Login to view exact salary
Axis Bank Senior Vice President Salary 13 - 27 years exp. (150 salaries)	₹36 L/yr - ₹1.3 Cr/yr 22% less
Kotak Mahindra Bank Senior Vice President Salary 15 - 24 years exp. (94 salaries)	₹30 L/yr - ₹80 L/yr 36% less
HDFC Bank Senior Vice President Salary 15 - 27 years exp. (80 salaries)	₹34 L/yr - ₹1.1 Cr/yr 22% less

Senior Vice President salary at UltraTech Cement ranges between ₹85 Lakhs to ₹1.1 Crore per year for employees with experience between 25 years to 31 years. Salary estimates are based on 5 latest salaries received from various employees of UltraTech Cement.

Experience wise UltraTech Cement Senior Vice President salaries in Mumbai

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹85 L/yr - ₹1.1 Cr/yr
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Similar Designation salaries in UltraTech Cement

General Manager Salary

(34 salaries)

₹31.5 L/yr - ₹61 L/yr

Assistant Vice President Salary

(11 salaries)

₹40 L/yr - ₹65 L/yr

Project Manager Salary

(5 salaries)

₹13 L/yr - ₹19.1 L/yr

Salary related reviews for UltraTech Cement

3.9

Rated by 2 employees for salary & benefits

Deputy Manager in Noida

Full Time

Sales & Business Development Department

3.0

• posted on 23 Jul 2023

2.0

for Salary and Benefits

Likes

Employee open to take initiatives....Salary credit on every 30th of Month, Highest Conveyance Paying company Rs 13/- per Km for 4 wheel.

Job security - Good

Dislikes

Its elevate Junior employee with minimum pay on the name of Promotion...Ultra tech diverts its focus from Cement to BPD and U.Tec...Even people paid from pockets in U.Tec services.

Salary - Poor

Assistant General Manager in Malkhed

Construction & Site Engineering Department

4.0

• posted on 03 Dec 2020

5.0

for Salary and Benefits

Likes

Management is very good in ultratech cement.Even in the covid 19 lockdown it paid salary to all employees.But the people who work at low levels were fired from jobs.

Salary - Excellent

+4 more

Dislikes

No career growth because the people who work hard and talented are not recognised in this company.It just recognises the one who has more number of contacts of higher officials in the company.It is very hard to crack an interview because there are so many plants of ultratech so 1.competetation is very high and the second reason is that there will be atleast one person in the interview who will have link with the one who is hiring.So indirectly he gets hired for the position.

Promotions - Poor

Assistant Manager Operations in Bhuj

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 14 Feb 2025

4.0

for Salary and Benefits

Likes

Salary credit in your account on time.

Salary - Good

+1 more

Dislikes

Work culture.no support from other departments high pressure from your seniors.worker are not ready to work junior level person have no any respect.no work life balance

Promotions - Poor

+2 more

Assistant Quality Engineer in Hyderabad / Secunderabad (working remotely)

Full Time

Engineering - Software & QA Department

4.0

• posted on 17 Jan 2025

4.0

for Salary and Benefits

Likes

...and advancement 2. Training and development programs Benefits and Recognition 1. Competitive compensation and benefits 2. Recognition and rewards Infrastructure and Resources 1. State-of-the-art infrastructure 2. Access to latest technology

Salary - Good

+4 more

Dislikes

Work-Life Balance 1. Long working hours 2. Frequent overtime Job Demands 1. High pressure to meet targets 2. Physical demands Organizational Aspects 1. Bureaucratic processes 2. Limited career growth opportunities Other 1. Safety concerns 2. Travel requirements

Senior Sales Officer in Nagpur

Full Time

Sales & Business Development Department

1.0

• posted on 09 Jan 2025

1.0

for Salary and Benefits

Likes

Absolutely nothing! Forget about Vendors, they do not pay even legal dues of employees and Channel partners. Company run by fools, Top management is not capable of handling teams. Pure politics playground.

Dislikes

Everything! Forget about work life balance, they treat employees like animals. Main culprit is E.Nagaraju from Telangana. They harrass employees like anything. No appreciation only criticisim everything you propose. They force to do wrong things and later blame Sales team. Very Bad experience working with them. Mental harrasment and mocking everytime.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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UltraTech Cement Senior Vice President Salary FAQs

What is the salary of Senior Vice President at UltraTech Cement in Mumbai?

The average salary of a Senior Vice President at UltraTech Cement in Mumbai typically ranges from ₹85.0 Lakhs to ₹110.0 Lakhs per year, depending on experience (from 25 years to 31 years).

The top 10% of Senior Vice President in Mumbai at UltraTech Cement earn more than ₹110.0 Lakhs per year, and the top 1% earn over ₹110.0 Lakhs per year. Senior Vice President Salaries at UltraTech Cement 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 5 UltraTech Cement employees in India.

What is the estimated take home salary of a Senior Vice President at UltraTech Cement in Mumbai?

The estimated take-home salary of a Senior Vice President at UltraTech Cement in Mumbai typically ranges from ₹4,96,025 to ₹5,09,278 per month. This is based on the average salary range of ₹85.0 Lakhs to ₹110.0 Lakhs per year for employees with experience ranging from 25 years to 31 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 5 salaries received from various employees of UltraTech Cement. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Vice President in companies similar to UltraTech Cement in Mumbai?

The salary of a Senior Vice President at companies similar to UltraTech Cement in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹43.0 Lakhs to ₹102.0 Lakhs per year
Axis Bank	₹36.0 Lakhs to ₹125.1 Lakhs per year
HDFC Bank	₹34.0 Lakhs to ₹110.0 Lakhs per year
Kotak Mahindra Bank	₹30.0 Lakhs to ₹80.0 Lakhs per year
Yes Bank	₹15.0 Lakhs to ₹46.0 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 Senior Vice President at UltraTech Cement in Mumbai?

The salary growth for a Senior Vice President at UltraTech Cement in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Vice President in Mumbai can expect the following growth trajectory at UltraTech Cement:

Experience	Average Salary Range
15 years	₹85.0 Lakhs to ₹110.0 Lakhs per year

and so on.

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UltraTech Cement Senior Vice President Salaries in Mumbai

UltraTech Cement Senior Vice President salary in Mumbai ranges between ₹85 Lakhs to ₹1.1 Crore with an average annual salary of ₹. Salary estimates are based on 5 UltraTech Cement latest salaries received from various employees of UltraTech Cement.