V-Guard Industries Mumbai Manager M1 Salaries by Employees

Select experience

₹15.1 Lakhs - ₹19.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (91%)

₹15.7 Lakhs

Variable (9%)

₹1.6 Lakh

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Last Updated: 25 Mar 2024

Companies similar to V-Guard Industries for Manager M1 in Mumbai

V-Guard Industries Manager M1 Salary

11 years exp. (AmbitionBox Estimate)

₹15.1 L/yr - ₹19.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 17 years exp. (509 salaries)	₹4.5 L/yr - ₹15 L/yr 35% less
ICICI Securities Manager M1 Salary 4 - 10 years exp. (27 salaries)	₹4.3 L/yr - ₹9 L/yr 61% less
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Capgemini Manager M1 Salary 10 - 17 years exp. (26 salaries)	₹9.4 L/yr - ₹24 L/yr 11% less
ICICI Prudential Life Insurance Manager M1 Salary 1 - 11 years exp. (25 salaries)	₹6 L/yr - ₹9.5 L/yr 55% less
HDFC Bank Manager M1 Salary 5 - 13 years exp. (22 salaries)	₹6 L/yr - ₹10.5 L/yr 51% less

Manager M1 salary at V-Guard Industries ranges between ₹15.1 Lakhs to ₹19.3 Lakhs per year for employees with 11 years of experience. Salary estimates are based on 1 latest salaries received from various employees of V-Guard Industries.

Salary related reviews for V-Guard Industries

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Kochi

Full Time

Other Department

1.0

• posted on 18 Dec 2024

1.0

for Salary and Benefits

Likes

Only thing I like is no late working. Other than that there is nothing good here.

Dislikes

Lots of politics. No recognition. Very rate promotion. They deduct 15% as variable pay but never pay. Annual Salary hike only in single digits below 7%. Promotion is a dream. There are people working for 15 years without promotion. Only local people stay here as there is no career growth. They don't upgrade to use new technology but ver happy to face issues and continue to use very old methodology. If you don't co-op, you will for sure get mentally disturbed.

Salary - Bad

+6 more

Deputy Manager in Patna

Full Time

Marketing Department

5.0

• posted on 28 Oct 2022

4.0

for Salary and Benefits

Likes

V-guard company is vey good I have always enjoyed working in this company and everyone is supportive. All the products of v-guard are good and the retailer is also happy to sell these products because the product quality is well made.

Salary - Good

+5 more

Dislikes

... for paying the asked salary for people who are recruited from other companies. CTC is a mith, variable pay is included in the CTC so that no one will receive the full amount of variable pay. Employees working on similar projects will be having different pay level which even cannot be compared HR is good for nothing.

Deputy Manager in Ahmedabad

EMD Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

Welcomes and encouraging the suggestions and concerns from each level of Employees

Salary - Excellent

+6 more

Dislikes

Facing difficulty to increase / revise the salary of old staff above a normal limit. But no limitation to fix salary for newly hiring one.

Assistant Manager in Kochi

Full Time

Research & Development Department

5.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Work-life balance is perfect. The company culture is good. Knowledge gaining is good. Can learn more and more things. There is a high opportunity here.

Skill development - Good

+4 more

Dislikes

Growth in this company is too slow. Moving to the next level is negligible. Remuneration or salary paid too low, in terms of experience. Increments are poor.

Promotions - Poor

Assistant Manager in Kochi

Full Time

Marketing & Communication Department

4.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

The people around are extremely passionate and supportive. The culture is one of collaboration, trust and teamwork.

Skill development - Excellent

+5 more

Dislikes

Compensation - not upto industry standards & not performance based. Assuming two employees have the same designation and grade, increments should prioritize employees with lower base pay to compensate for the base pay.

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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V-Guard Industries Manager M1 Salary FAQs

How the salary growth look like for a Manager M1 at V-Guard Industries in Mumbai?

The salary growth for a Manager M1 at V-Guard Industries in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Mumbai can expect the following growth trajectory at V-Guard Industries:

Experience	Average Salary Range
11 years	₹15.1 Lakhs to ₹19.3 Lakhs per year

and so on.

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V-Guard Industries Manager M1 Salaries in Mumbai

V-Guard Industries Manager M1 salary in Mumbai ranges between ₹15.1 Lakhs to ₹19.3 Lakhs. This is an estimate based on latest salaries received from employees of V-Guard Industries.