Volvo Deputy Manager Engineering Salaries by 4 Employees

3 - 8 years exp.

₹4 Lakhs - ₹14 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Deputy Manager Engineering Salary in Automobile Companies for 3 - 8 years of experience

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Last Updated: 1 Nov 2023

Companies similar to Volvo for Deputy Manager Engineering

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Deputy Manager Engineering Salary 7 - 14 years exp. (7 salaries)	₹8.8 L/yr - ₹13.3 L/yr 10% more
Honda Deputy Manager Engineering Salary 14 - 18 years exp. (4 salaries)	₹20 L/yr - ₹22.4 L/yr 120% more
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Schneider Electric Deputy Manager Engineering Salary 2 - 5 years exp. (26 salaries)	₹5.7 L/yr - ₹12 L/yr 21% less	1 job opening
Maruti Suzuki Deputy Manager Engineering Salary 4 - 7 years exp. (24 salaries)	₹9 L/yr - ₹17.4 L/yr 38% more
Cipla Deputy Manager Engineering Salary 6 - 18 years exp. (19 salaries)	₹8.4 L/yr - ₹14.5 L/yr 24% more

Deputy Manager Engineering salary at Volvo ranges between ₹4 Lakhs to ₹14 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Volvo.

Experience wise Volvo Deputy Manager Engineering salaries

Last Updated: 1 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
6 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
7 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr

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Salary related reviews for Volvo

Graduate Apprentice Trainee in Hosakote

Intern

Procurement & Supply Chain Department

4.0

• posted on 22 Feb 2023

3.0

for Salary and Benefits

Likes

You can learn a lot of new things at your own pace as a fresher in your domain. Work-life balance is brilliant with not a lot of pressure.

Skill development - Good

+5 more

Dislikes

The pay as a fresher is going to be low but once you are a permanent employee then it gets better

Verification Engineer in Hagerstown, MD

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Research & Development Department

1.0

• posted on 14 Jun 2024

5.0

for Salary and Benefits

Likes

Good pay for someone in college, if you're at the Maryland Office, they pay your rent if you're an intern

Salary - Excellent

Dislikes

...terrible as there's absolutely nothing to do. People in the office Live to Work. Abysmal pay if you get a full time offer (60-70k). Management doesn't really do anything to enrich intern's experiences.

Skill development - Bad

+4 more

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Less work pressure No much work

Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

Salary - Poor

+5 more

Quality Checker in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

Work satisfaction - Good

+1 more

Dislikes

Contractual job is not a future and salary is just ok

Skill development - Poor

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 27 Oct 2023

1.0

for Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

Job security - Excellent

+1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

Salary - Bad

+2 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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Volvo Deputy Manager Engineering Salary FAQs

What is the salary of Deputy Manager Engineering at Volvo ?

The average salary of a Deputy Manager Engineering at Volvo in India typically ranges from ₹4.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Deputy Manager Engineering at Volvo earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Deputy Manager Engineering Salaries at Volvo 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 Volvo employees in India.

What is the estimated take home salary of a Deputy Manager Engineering at Volvo in India?

The estimated take-home salary of a Deputy Manager Engineering at Volvo in India typically ranges from ₹68,944 to ₹70,714 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 Volvo. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Volvo for Deputy Manager Engineering in India?

Honda	₹20.0 Lakhs to ₹22.4 Lakhs per year
Maruti Suzuki	₹9.0 Lakhs to ₹17.4 Lakhs per year
Cipla	₹8.4 Lakhs to ₹14.5 Lakhs per year
Mahindra & Mahindra	₹8.8 Lakhs to ₹13.3 Lakhs per year

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

What is the salary of a Deputy Manager Engineering in companies similar to Volvo in India?

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

Schneider Electric

₹5.7 Lakhs to ₹12.0 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 Deputy Manager Engineering at Volvo in India?

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

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
5 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
6 years	₹9.6 Lakhs to ₹12.2 Lakhs per year

and so on.

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Volvo Deputy Manager Engineering Salaries

Volvo Deputy Manager Engineering salary in India ranges between ₹4 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Volvo latest salaries received from various employees of Volvo.