VIP Industries Territory Manager Salaries by 5 Employees

9 - 13 years exp.

₹7.5 Lakhs - ₹11.2 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹8.3 Lakhs

Variable (10%)

₹1.0 Lakh

24% more than the average Territory Manager Salary in Retail Companies for 9 - 13 years of experience

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Last Updated: 25 Oct 2024

Companies similar to VIP Industries for Territory Manager

Company name	Avg Annual Salary	Open Jobs
Safari Industries India Territory Manager Salary 10 - 16 years exp. (4 salaries)	₹10.4 L/yr - ₹12 L/yr 20% more
Samsonite Territory Manager Salary 7 - 16 years exp. (16 salaries)	₹7 L/yr - ₹15 L/yr 18% more
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Wildcraft Territory Manager Salary 9 - 15 years exp. (5 salaries)	₹11 L/yr - ₹17.5 L/yr 44% more
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (800 salaries)	₹3.9 L/yr - ₹13 L/yr 11% less	13 job openings
HDB Financial Services Territory Manager Salary 3 - 16 years exp. (351 salaries)	₹3 L/yr - ₹10.5 L/yr 33% less	15 job openings

Territory Manager salary at VIP Industries ranges between ₹7.5 Lakhs to ₹11.2 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of VIP Industries.

Experience wise VIP Industries Territory Manager salaries

Last Updated: 25 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹15 L/yr
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11 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.9 L/yr
12 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹18.4 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.2 L/yr

Similar Designation salaries in VIP Industries

Territory Sales Manager Salary

(46 salaries)

₹8.45 L/yr - ₹14.87 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Area Manager Salary

(3 salaries)

₹10.34 L/yr - ₹12 L/yr

Area Sales Manager Salary

(86 salaries)

₹6 L/yr - ₹17 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Territory Sales Incharge Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Team Lead Salary

(54 salaries)

₹1.92 L/yr - ₹5.2 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Salary related reviews for VIP Industries

3.0

Rated by 1 employees for salary & benefits

Area Sales Executive in Patna

Marketing & Communication Department

5.0

• posted on 25 Jan 2022

5.0

for Salary and Benefits

Likes

Good work environment and good policies good salary hike and bonus every ear

Salary - Excellent

+6 more

Dislikes

There is a lot political and the management dose t address our issues salary is decent but career growth is slow. There is bond of 2 Years before which you cannot resign. On the job training is not given to new joinees.

Area Sales Manager in Mumbai

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.

Salary - Bad

+6 more

Sales Executive in Bhopal

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.

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

Job security - Poor

Area Sales Manager in Noida

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.

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.

Area Sales Manager in Nagpur

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

Salary - Poor

+4 more

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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VIP Industries Territory Manager Salary FAQs

What is the salary of Territory Manager at VIP Industries ?

The average salary of a Territory Manager at VIP Industries in India typically ranges from ₹7.5 Lakhs to ₹11.2 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Territory Manager at VIP Industries earn more than ₹11.2 Lakhs per year, and the top 1% earn over ₹11.2 Lakhs per year. Territory 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 5 VIP Industries employees in India.

What is the estimated take home salary of a Territory Manager at VIP Industries in India?

The estimated take-home salary of a Territory Manager at VIP Industries in India typically ranges from ₹67,485 to ₹69,214 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹11.2 Lakhs per year for employees with experience ranging from 9 years to 13 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 VIP Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than VIP Industries for Territory Manager in India?

Wildcraft	₹11.0 Lakhs to ₹17.5 Lakhs per year
Safari Industries India	₹10.4 Lakhs to ₹12.0 Lakhs per year
Samsonite	₹7.0 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by VIP Industries, depending on the role and experience level.

What is the salary of a Territory Manager in companies similar to VIP Industries in India?

The salary of a Territory Manager at companies similar to VIP Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹3.9 Lakhs to ₹13.0 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹10.5 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 Territory Manager at VIP Industries in India?

The salary growth for a Territory Manager at VIP Industries depends on factors such as experience, performance, and promotions. On average, a Territory Manager can expect the following growth trajectory at VIP Industries:

Experience	Average Salary Range
9 years	₹7.5 Lakhs to ₹7.5 Lakhs per year
10 years	₹7.9 Lakhs to ₹15.0 Lakhs per year
11 years	₹3.7 Lakhs to ₹9.9 Lakhs per year
12 years	₹9.9 Lakhs to ₹18.4 Lakhs per year

and so on.

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VIP Industries Territory Manager Salaries

VIP Industries Territory Manager salary in India ranges between ₹7.5 Lakhs to ₹11.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 VIP Industries latest salaries received from various employees of VIP Industries.