Volvo IT Manager Salaries by 5 Employees

8 - 22 years exp.

₹8.5 Lakhs - ₹60 Lakhs

Low Confidence

Salary of majority employees

106% more than the average IT Manager Salary in Automobile Companies for 8 - 22 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹26.9 L/yr
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Customer Success, Service & Operations IT Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 22 Feb 2024

Companies similar to Volvo for IT Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra IT Manager Salary 10 - 17 years exp. (28 salaries)	₹10.7 L/yr - ₹25.5 L/yr 45% less
General Motors IT Manager Salary 14 - 16 years exp. (5 salaries)	₹20 L/yr - ₹23.4 L/yr 27% less
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Daimler India Commercial Vehicles IT Manager Salary 7 - 10 years exp. (5 salaries)	₹6.1 L/yr - ₹10 L/yr 72% less
Sonalika Tractors IT Manager Salary 13 - 29 years exp. (4 salaries)	₹9.5 L/yr - ₹15 L/yr 59% less
BMW IT Manager Salary 15 - 17 years exp. (4 salaries)	₹26 L/yr - ₹32.8 L/yr 3% more
Honda Cars IT Manager Salary 17 - 25 years exp. (4 salaries)	₹32.5 L/yr - ₹37 L/yr 15% more
Ford Motor IT Manager Salary 14 - 18 years exp. (4 salaries)	₹22 L/yr - ₹50.4 L/yr 13% more
Škoda Auto Volkswagen IT Manager Salary 6 - 11 years exp. (4 salaries)	₹7 L/yr - ₹7.6 L/yr 74% less
Volvo IT IT Manager Salary 8 years exp. (3 salaries)	₹13.5 L/yr - ₹15.5 L/yr 51% less
suzuki motor gujarat IT Manager Salary 19 - 21 years exp. (3 salaries)	₹16.4 L/yr - ₹20 L/yr 36% less
Audi IT Manager Salary 9 - 17 years exp. (3 salaries)	₹4.1 L/yr - ₹6 L/yr 83% less
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IT Manager salary at Volvo ranges between ₹8.5 Lakhs to ₹60 Lakhs per year for employees with experience between 8 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Volvo.

Experience wise Volvo IT Manager salaries

Last Updated: 22 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.3 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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11 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
12 years (AmbitionBox Estimate)	₹24.2 L/yr - ₹30.9 L/yr
15+ years (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr

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Salary related reviews for Volvo

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

Senior Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

4.0

• posted on 08 May 2021

3.0

for Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

Skill development - Good

+1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

AGM (Group Manager) - Chassis in Bangalore / Bengaluru

Full Time

Research & Development Department

5.0

• posted on 17 Dec 2024

4.0

for Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

Salary - Good

+6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Volvo IT Manager Salary FAQs

What is the salary of IT Manager at Volvo ?

The average salary of a IT Manager at Volvo in India typically ranges from ₹8.5 Lakhs to ₹60.0 Lakhs per year, depending on experience (from 8 years to 22 years).

The top 10% of IT Manager at Volvo earn more than ₹60.0 Lakhs per year, and the top 1% earn over ₹60.0 Lakhs per year. IT Manager 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 5 Volvo employees in India.

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

The estimated take-home salary of a IT Manager at Volvo in India typically ranges from ₹1,78,564 to ₹1,85,501 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹60.0 Lakhs per year for employees with experience ranging from 8 years to 22 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 Volvo. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Honda Cars	₹32.5 Lakhs to ₹37.0 Lakhs per year
Ford Motor	₹22.0 Lakhs to ₹50.4 Lakhs per year
BMW	₹26.0 Lakhs to ₹32.8 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 IT Manager in companies similar to Volvo in India?

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

General Motors	₹20.0 Lakhs to ₹23.4 Lakhs per year
suzuki motor gujarat	₹16.4 Lakhs to ₹20.0 Lakhs per year
Mahindra & Mahindra	₹10.7 Lakhs to ₹25.5 Lakhs per year
Volvo IT	₹13.5 Lakhs to ₹15.5 Lakhs per year
Sonalika Tractors	₹9.5 Lakhs to ₹15.0 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 IT Manager at Volvo in India?

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

Experience	Average Salary Range
8 years	₹16.7 Lakhs to ₹21.3 Lakhs per year
9 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
11 years	₹27.0 Lakhs to ₹34.5 Lakhs per year
12 years	₹24.2 Lakhs to ₹30.9 Lakhs per year

and so on.

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Volvo IT Manager Salaries

Volvo IT Manager salary in India ranges between ₹8.5 Lakhs to ₹60 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Volvo latest salaries received from various employees of Volvo.