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Volvo Management Trainee salaries in India

Annual salary range
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₹6.3 Lakhs - ₹9.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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7% more than the average Management Trainee Salary in Automobile Companies for Fresher

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Last Updated: 24 Feb 2024

Companies similar to Volvo for Management Trainee

Company name Avg Annual Salary Open Jobs
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Mahindra & Mahindra Management Trainee Salary

0 - 4 years exp. (90 salaries)

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₹6 L/yr - ₹20.7 L/yr

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₹3 L/yr - ₹7.5 L/yr

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₹2.4 L/yr - ₹10 L/yr

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Royal Enfield Management Trainee Salary

0 - 1 year exp. (20 salaries)

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₹8 L/yr - ₹13 L/yr

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₹4.2 L/yr - ₹6 L/yr

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Force Motors Management Trainee Salary

0 - 4 years exp. (9 salaries)

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₹3.1 L/yr - ₹4.5 L/yr

arrow icon 50% less
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₹12 L/yr - ₹14 L/yr

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₹3 L/yr - ₹3.8 L/yr

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₹5.1 L/yr - ₹6.1 L/yr

arrow icon 26% less
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CNH Industrial Management Trainee Salary

0 - 2 years exp. (6 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 57% less
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Yamaha Motor Management Trainee Salary

0 - 3 years exp. (6 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 28% less
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₹3.3 L/yr - ₹4 L/yr

arrow icon 54% less
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Ford Motor Management Trainee Salary

0 - 2 years exp. (4 salaries)

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₹2.1 L/yr - ₹10.5 L/yr

arrow icon 24% less
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₹8.5 L/yr - ₹9 L/yr

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₹10 L/yr - ₹20 L/yr

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₹2.5 L/yr - ₹7 L/yr

arrow icon 33% less
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₹8.3 L/yr - ₹10 L/yr

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Toyota Management Trainee Salary

0 - 6 years exp. (3 salaries)

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₹4 L/yr - ₹4.2 L/yr

arrow icon 48% less
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Nissan Management Trainee Salary

0 - 1 year exp. (3 salaries)

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₹6.3 L/yr - ₹12 L/yr

arrow icon 35% more
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₹9 L/yr - ₹11.5 L/yr

arrow icon 27% more
Management Trainee salary at Volvo ranges between ₹6.3 Lakhs to ₹9.4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Volvo.

Experience wise Volvo Management Trainee salaries

Last Updated: 24 Feb 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹6.3 L/yr - ₹9.4 L/yr

Similar Designation salaries in Volvo

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₹4 L/yr - ₹5.4 L/yr
Accountant Salary
(79 salaries)
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₹2.95 L/yr - ₹5.3 L/yr
Team Lead Salary
(35 salaries)
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₹5 L/yr - ₹17 L/yr
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₹3.5 L/yr - ₹5.12 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
Analyst Salary
(5 salaries)
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₹4 L/yr - ₹6.5 L/yr
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₹3.8 L/yr - ₹15.98 L/yr
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₹2.05 L/yr - ₹4 L/yr
Senior Analyst Salary
(7 salaries)
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₹3.6 L/yr - ₹7.3 L/yr
Deputy Manager Salary
(64 salaries)
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₹7.7 L/yr - ₹16.66 L/yr

Salary related reviews for Volvo

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 22 Oct 2021

5.0
 for  Salary and Benefits

Likes

For the accountant postition 0-1 Yr Exp.you get package of - 1.80 L to 2.50, But the yearly hike and bonus nver been missed, The organisation has good policy since its a captive company, But due to Some of people from BPO sector has come and made the life and work worst - The company is awsome but management is not much appreciable... Volvo is awsome...

read more
  • Salary - Excellent
  • +5 more

Dislikes

The management is not good.. BPO culture has been implemented here due to which the quality of work is nt much good

Finance & Accounting Department

1.0
  •  posted on 27 Sep 2019

1.0
 for  Salary and Benefits

Likes

Compensation hike Job security Brand name

  • Job security - Excellent

Dislikes

Politics, For communication Telugu is must..english is not a necessary.... There is no value if you do 100 things...But Value is there if you are close to managers just for copy paste work also..

read more
  • Salary - Bad
  • +5 more

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

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Work satisfaction - Good
  • +1 more

Dislikes

Contractual job is not a future and salary is just ok

  • Skill development - Poor
  • +2 more

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.

read more
  • 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.

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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Volvo Management Trainee Salary FAQs

What is the salary of Management Trainee at Volvo ?
The average salary of a Management Trainee at Volvo in India typically ranges from ₹6.3 Lakhs to ₹9.4 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of Management Trainee at Volvo earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹9.4 Lakhs per year. Management Trainee 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 Management Trainee at Volvo in India?
The estimated take-home salary of a Management Trainee at Volvo in India typically ranges from ₹57,992 to ₹59,452 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹9.4 Lakhs per year for employees with experience ranging from Fresher to 0 year.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 Management Trainee in India?
Ola Electric Mobility ₹10.0 Lakhs to ₹20.0 Lakhs per year
Mahindra & Mahindra ₹6.0 Lakhs to ₹20.7 Lakhs per year
Mahindra Automotives ₹12.0 Lakhs to ₹14.0 Lakhs per year
Nissan ₹6.3 Lakhs to ₹12.0 Lakhs per year
Royal Enfield ₹8.0 Lakhs to ₹13.0 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 Management Trainee in companies similar to Volvo in India?
The salary of a Management Trainee at companies similar to Volvo in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Škoda Auto Volkswagen ₹9.0 Lakhs to ₹11.5 Lakhs per year
Daimler India Commercial Vehicles ₹8.5 Lakhs to ₹9.0 Lakhs per year
Volvo Trucks ₹8.3 Lakhs to ₹10.0 Lakhs per year
Hyundai Motor India Limited ₹2.4 Lakhs to ₹10.0 Lakhs per year
Ford Motor ₹2.1 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 Management Trainee at Volvo in India?
The salary growth for a Management Trainee at Volvo depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Volvo:

Experience Average Salary Range
Fresher ₹6.3 Lakhs to ₹9.4 Lakhs per year
and so on.

Tell us how to improve this page.

Volvo Management Trainee salary in India ranges between ₹6.3 Lakhs to ₹9.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Volvo latest salaries received from various employees of Volvo.