Voltas Assistant Manager Product Development Salaries by 4 Employees

3 - 7 years exp.

₹3.5 Lakhs - ₹8.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

30% less than the average Assistant Manager Product Development Salary in Consumer Electronics & Appliances Companies for 3 - 7 years of experience

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Salaries in different departments

Research & Development Assistant Manager Product Development Salary 3 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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Construction & Site Engineering Assistant Manager Product Development Salary 7 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹9.7 L/yr

Last Updated: 10 Aug 2024

Companies similar to Voltas for Assistant Manager Product Development

Company name	Avg Annual Salary	Open Jobs
Godrej & Boyce Manufacturing Assistant Manager Product Development Salary 5 - 8 years exp. (3 salaries)	₹7 L/yr - ₹8.5 L/yr 36% more
SYSKA LED Lights Assistant Manager Product Development Salary 1 - 8 years exp. (7 salaries)	₹5.2 L/yr - ₹8.5 L/yr 35% more
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Ashok Leyland Assistant Manager Product Development Salary 6 - 15 years exp. (7 salaries)	₹6.8 L/yr - ₹9.5 L/yr 53% more
TVS Sundram Fasteners Assistant Manager Product Development Salary 3 - 17 years exp. (7 salaries)	₹5.8 L/yr - ₹9.5 L/yr 41% more
Yokohama Off-Highway Tires Assistant Manager Product Development Salary 3 - 6 years exp. (7 salaries)	₹4.7 L/yr - ₹7.5 L/yr 4% more

Assistant Manager Product Development salary at Voltas ranges between ₹3.5 Lakhs to ₹8.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Voltas.

Experience wise Voltas Assistant Manager Product Development salaries

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

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Top skills at Voltas for Assistant Manager Product Development

Value Engineering Product Development HVAC Production Engineering

Salary related reviews for Voltas

Hvac Design Engineer in Mumbai Chinchpokli

Full Time

Consulting Department

5.0

• posted on 25 Oct 2021

4.0

for Salary and Benefits

Likes

Not to worry about the job security. Management and culture both are good Well know company policies are available for bitterness of life.

Salary - Good

+5 more

Dislikes

Worst think of dislike is salary issue. No such better increment after every financial year.

R&D Engineer in Pantnagar

Research & Development Department

3.0

• posted on 06 Jun 2022

2.0

for Salary and Benefits

Likes

Job Security is the positivity of Voltas. Great place for learning technical skills. Company's lactation is great. Team Support was there.

Skill development - Excellent

+1 more

Dislikes

No Employee benefits and compensation. No work life balance. Less career growth opportunities. No cafeteria. No transportation Service in Voltas for employees.

Salary - Poor

Graduate Engineer in Gummidipoondi

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 17 Oct 2024

1.0

for Salary and Benefits

Likes

Nothing to like in this company

Job security - Good

Dislikes

...rade and doesnt accept their opinion(Not all employees) No overtime,no bonus,no incentives Less compensation when compared to other GETs salary in HVAC field

Salary - Bad

+5 more

Retail Sales Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 28 Jul 2024

2.0

for Salary and Benefits

Likes

Voltas -beko respective company,big name in india so easy to sale this product and availability of product more than other brands

Skill development - Good

Dislikes

In this brand job not secure , salary sooo late ., any HO manager listen not complaint employees .

Salary - Poor

+3 more

DET in New Delhi

Full Time

Construction & Site Engineering Department

4.0

• posted on 24 Aug 2023

4.0

for Salary and Benefits

Likes

Because of the company culture and salary comes on time and job security.

Salary - Good

+3 more

Dislikes

Because in this company there is very difficult of promotion and appraisal and the company give the work according to there talent .

Promotions - Poor

+1 more

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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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Voltas Assistant Manager Product Development Salary FAQs

What is the salary of Assistant Manager Product Development at Voltas ?

The average salary of a Assistant Manager Product Development at Voltas in India typically ranges from ₹3.5 Lakhs to ₹8.8 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Assistant Manager Product Development at Voltas earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹8.8 Lakhs per year. Assistant Manager Product Development Salaries at Voltas 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 Voltas employees in India.

What is the estimated take home salary of a Assistant Manager Product Development at Voltas in India?

The estimated take-home salary of a Assistant Manager Product Development at Voltas in India typically ranges from ₹41,934 to ₹43,071 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 3 years to 7 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 Voltas. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager Product Development at Voltas ?

To be a Assistant Manager Product Development at Voltas in india, the key skills required include:

- Value Engineering
- Product Development
- HVAC
- Production Engineering

These skills are highly valued at Voltas and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Voltas for Assistant Manager Product Development in India?

Ashok Leyland	₹6.8 Lakhs to ₹9.5 Lakhs per year
TVS Sundram Fasteners	₹5.8 Lakhs to ₹9.5 Lakhs per year
Godrej & Boyce Manufacturing	₹7.0 Lakhs to ₹8.5 Lakhs per year
SYSKA LED Lights	₹5.2 Lakhs to ₹8.5 Lakhs per year
Yokohama Off-Highway Tires	₹4.7 Lakhs to ₹7.5 Lakhs per year

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

How the salary growth look like for a Assistant Manager Product Development at Voltas in India?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.3 Lakhs to ₹4.3 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.1 Lakhs per year
6 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Voltas Assistant Manager Product Development Salaries

Voltas Assistant Manager Product Development salary in India ranges between ₹3.5 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Voltas latest salaries received from various employees of Voltas.