Velan Valves Assistant Store Manager Salaries by 4 Employees

14 - 17 years exp.

₹8 Lakhs - ₹10.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

86% more than the average Assistant Store Manager Salary for 14 - 17 years of experience

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Last Updated: 20 Sep 2024

Companies similar to Velan Valves for Assistant Store Manager

Company name	Avg Annual Salary	Open Jobs
ABCI Infrastructures Assistant Store Manager Salary 7 - 15 years exp. (5 salaries)	₹3.7 L/yr - ₹5.5 L/yr 47% less	2 job openings
Caparo Engineering India Assistant Store Manager Salary 12 - 16 years exp. (5 salaries)	₹7.4 L/yr - ₹7.8 L/yr 15% less
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Creambell Assistant Store Manager Salary 5 - 16 years exp. (3 salaries)	₹2.4 L/yr - ₹9 L/yr 27% less
Reliance Retail Assistant Store Manager Salary 2 - 18 years exp. (772 salaries)	₹1.8 L/yr - ₹8.5 L/yr 39% less	2 job openings
Vishal Mega Mart Assistant Store Manager Salary 5 - 16 years exp. (576 salaries)	₹3.6 L/yr - ₹6.6 L/yr 41% less

Assistant Store Manager salary at Velan Valves ranges between ₹8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Velan Valves.

Experience wise Velan Valves Assistant Store Manager salaries

Last Updated: 20 Sep 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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15+ years (3 salaries)	₹8 L/yr - ₹10.3 L/yr

Similar Designation salaries in Velan Valves

Deputy Manager Salary

(5 salaries)

₹14.85 L/yr - ₹19.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

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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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Velan Valves Assistant Store Manager Salary FAQs

What is the salary of Assistant Store Manager at Velan Valves ?

The average salary of a Assistant Store Manager at Velan Valves in India typically ranges from ₹8.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Assistant Store Manager at Velan Valves earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Assistant Store Manager Salaries at Velan Valves 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 Velan Valves employees in India.

What is the estimated take home salary of a Assistant Store Manager at Velan Valves in India?

The estimated take-home salary of a Assistant Store Manager at Velan Valves in India typically ranges from ₹64,941 to ₹66,597 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 14 years to 17 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 Velan Valves. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Assistant Store Manager in companies similar to Velan Valves in India?

The salary of a Assistant Store Manager at companies similar to Velan Valves in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Caparo Engineering India	₹7.4 Lakhs to ₹7.8 Lakhs per year
Creambell	₹2.4 Lakhs to ₹9.0 Lakhs per year
Reliance Retail	₹1.8 Lakhs to ₹8.5 Lakhs per year
Vishal Mega Mart	₹3.6 Lakhs to ₹6.6 Lakhs per year
ABCI Infrastructures	₹3.7 Lakhs to ₹5.5 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 Assistant Store Manager at Velan Valves in India?

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

Experience	Average Salary Range
14 years	₹8.4 Lakhs to ₹10.7 Lakhs per year
15 years	₹8.0 Lakhs to ₹10.3 Lakhs per year

and so on.

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Velan Valves Assistant Store Manager Salaries

Velan Valves Assistant Store Manager salary in India ranges between ₹8 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Velan Valves latest salaries received from various employees of Velan Valves.