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VIP Industries Channel Manager salaries in Chennai

Annual salary range
11 - 18 years exp.
₹15 Lakhs - ₹28.7 Lakhs
Salary of majority employees
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Fixed (86%)
₹17.2 Lakhs
Variable (14%)
₹2.9 Lakhs
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126% more than the average Channel Manager Salary in Retail Companies for 11 - 18 years of experience

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Last Updated: 7 Dec 2024

Companies similar to VIP Industries for Channel Manager in Chennai

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VIP Industries Channel Manager Salary

11 - 18 years exp. (6 salaries)

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₹15 L/yr - ₹28.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Channel Manager Salary

2 - 13 years exp. (14 salaries)

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₹4.5 L/yr - ₹13 L/yr

arrow icon 64% less
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ICICI Securities Channel Manager Salary

2 - 7 years exp. (4 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 75% less
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RBL Bank Channel Manager Salary

5 - 9 years exp. (4 salaries)

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₹6.4 L/yr - ₹10.5 L/yr

arrow icon 63% less
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₹4 L/yr - ₹4.5 L/yr

arrow icon 80% less
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Sai Maha Foundation Channel Manager Salary

12 - 15 years exp. (4 salaries)

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₹4 L/yr - ₹5 L/yr

arrow icon 78% less
Channel Manager salary at VIP Industries ranges between ₹15 Lakhs to ₹28.7 Lakhs per year for employees with experience between 11 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of VIP Industries.

Latest annual salaries shared by VIP Industries Channel Manager in Chennai

3mo ago
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18 years exp.
11mo ago
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13 years exp.
1y ago
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12 years exp.
1y ago
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12 years exp.

Experience wise VIP Industries Channel Manager salaries in Chennai

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.3 L/yr
12 years (AmbitionBox Estimate)

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₹17.6 L/yr - ₹22.5 L/yr
13 years (AmbitionBox Estimate)

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₹17.8 L/yr - ₹22.8 L/yr
14 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr
15+ years (AmbitionBox Estimate)

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₹18.7 L/yr - ₹23.8 L/yr

Similar Designation salaries in VIP Industries

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₹9 L/yr - ₹15 L/yr

Top skills at VIP Industries for Channel Manager

Modern Trade Secondary Sales Key Accounts Channel Development RIP2 Remote Assistance Modern Retail

Salary related reviews for VIP Industries

Sales & Business Development Department

1.0
  •  posted on 09 Jan 2022

1.0
 for  Salary and Benefits

Likes

The brands and the nation wide recognition and it's presence is the best part of working with VIP.

Dislikes

... it comes to difficult times. Half the field force was fired during covid times. Front line workers were at a 50% salary cut where as management staff was at a 25% salary cut. Performance pay of 19-20 was not given by company. All other variable part was cancelled. It's a typical lala company where big position holders are there to guard their positions till retirement. HR keeps a swinging sword on your head rather than helping. A person coming from outside the company will not be able to survive for long.

read more
  • Salary - Bad
  • +6 more

Sales & Business Development Department

4.0
  •  posted on 12 May 2021

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Skill development - Good
  • +4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

read more
  • Job security - Poor

Sales & Business Development Department

4.0
  •  posted on 24 Aug 2020

5.0
 for  Salary and Benefits

Likes

They have given us a option of work from home.Although a salary cut is there Grade-wise and major Layoffs has already been done but i have a very nice experience in this organisation.

read more
  • Salary - Excellent
  • +6 more

Dislikes

... times they took decisions very fast to Lay Off the employees which is not good.They can go for more Salary Cuts,it can be a Leave Without pay Option but Layoffts and that too in April itself was not at all good.

read more

Sales & Business Development Department

2.0
  •  posted on 03 Jul 2020

2.0
 for  Salary and Benefits

Likes

They have cut jobs and salaries at all levels.

Dislikes

...t sighted view of the company. No worth of human resource. It's just businesses. Compensation is poker

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Procurement & Supply Chain Department

4.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

I joined VIP industries June -24 . There are many opportunities to learn and develop new skills.management is good and keeps employees stress free. The company has a supportive work culture and diverse ,multi - culture team.the company's core values include youthfulness ,meritocracy, entrepreneurship and innovation.

read more
  • Salary - Good
  • +5 more

Dislikes

... is poor . Internal promotion are rare. Employees required to work extend hours. The company treats trainees as a contract labour and offer them low salary.

read more
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VIP Industries Channel Manager Salary FAQs

What is the salary of Channel Manager at VIP Industries in Chennai?
The average salary of a Channel Manager at VIP Industries in Chennai typically ranges from ₹15.0 Lakhs to ₹28.7 Lakhs per year, depending on experience (from 11 years to 18 years).

The top 10% of Channel Manager in Chennai at VIP Industries earn more than ₹28.6 Lakhs per year, and the top 1% earn over ₹28.7 Lakhs per year. Channel Manager Salaries at VIP Industries 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 6 VIP Industries employees in India.
What is the estimated take home salary of a Channel Manager at VIP Industries in Chennai?
The estimated take-home salary of a Channel Manager at VIP Industries in Chennai typically ranges from ₹1,32,287 to ₹1,37,132 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹28.7 Lakhs per year for employees with experience ranging from 11 years to 18 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 6 salaries received from various employees of VIP Industries. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Channel Manager at VIP Industries in Chennai?
To be a Channel Manager at VIP Industries in Chennai, the key skills required include:

  • - Modern Trade
  • - Secondary Sales
  • - Key Accounts
  • - Channel Development
  • - RIP2

These skills are highly valued at VIP Industries and are crucial for successful performance in a Software Engineering role.
What is the salary of a Channel Manager in companies similar to VIP Industries in Chennai?
The salary of a Channel Manager at companies similar to VIP Industries in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank ₹6.4 Lakhs to ₹10.5 Lakhs per year
HDFC Bank ₹4.5 Lakhs to ₹13.0 Lakhs per year
ICICI Securities ₹3.0 Lakhs to ₹6.0 Lakhs per year
Sai Maha Foundation ₹4.0 Lakhs to ₹5.0 Lakhs per year
Electronic Payment And Services ₹4.0 Lakhs to ₹4.5 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 Channel Manager at VIP Industries in Chennai?
The salary growth for a Channel Manager at VIP Industries in Chennai depends on factors such as experience, performance, and promotions. On average, a Channel Manager in Chennai can expect the following growth trajectory at VIP Industries:

Experience Average Salary Range
11 years ₹17.4 Lakhs to ₹22.3 Lakhs per year
12 years ₹17.6 Lakhs to ₹22.5 Lakhs per year
13 years ₹17.8 Lakhs to ₹22.8 Lakhs per year
14 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

VIP Industries Channel Manager salary in Chennai ranges between ₹15 Lakhs to ₹28.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 VIP Industries latest salaries received from various employees of VIP Industries.