Volvo Senior Manager Product Development Salaries by 4 Employees

9 - 13 years exp.

₹15.5 Lakhs - ₹20.3 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Senior Manager Product Development Salary in Automobile Companies for 9 - 13 years of experience

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Last Updated: 24 Jun 2024

Companies similar to Volvo for Senior Manager Product Development

Company name	Avg Annual Salary	Open Jobs
Escorts Kubota Limited Senior Manager Product Development Salary 13 - 16 years exp. (4 salaries)	₹19.4 L/yr - ₹25 L/yr 23% more
Mahindra & Mahindra Senior Manager Product Development Salary 14 - 20 years exp. (4 salaries)	₹28 L/yr - ₹40 L/yr 72% more
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Daimler India Commercial Vehicles Senior Manager Product Development Salary 10 - 12 years exp. (3 salaries)	₹15.2 L/yr - ₹16 L/yr 14% less
Ashok Leyland Senior Manager Product Development Salary 9 - 17 years exp. (18 salaries)	₹14 L/yr - ₹22 L/yr 4% more
Tata Motors Senior Manager Product Development Salary 3 - 12 years exp. (10 salaries)	₹8 L/yr - ₹18 L/yr 26% less

Senior Manager Product Development salary at Volvo ranges between ₹15.5 Lakhs to ₹20.3 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Volvo.

Experience wise Volvo Senior Manager Product Development salaries

Last Updated: 24 Jun 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹28.2 L/yr
10 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
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11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹34.3 L/yr
13 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹20.3 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

Intern

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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Volvo Senior Manager Product Development Salary FAQs

What is the salary of Senior Manager Product Development at Volvo ?

The average salary of a Senior Manager Product Development at Volvo in India typically ranges from ₹15.5 Lakhs to ₹20.3 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Senior Manager Product Development at Volvo earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹20.3 Lakhs per year. Senior Manager Product Development 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 Senior Manager Product Development at Volvo in India?

The estimated take-home salary of a Senior Manager Product Development at Volvo in India typically ranges from ₹1,20,546 to ₹1,23,931 per month. This is based on the average salary range of ₹15.5 Lakhs to ₹20.3 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 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 Senior Manager Product Development in India?

Mahindra & Mahindra	₹28.0 Lakhs to ₹40.0 Lakhs per year
Escorts Kubota Limited	₹19.4 Lakhs to ₹25.0 Lakhs per year
Ashok Leyland	₹14.0 Lakhs to ₹22.0 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 Senior Manager Product Development in companies similar to Volvo in India?

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

Daimler India Commercial Vehicles	₹15.2 Lakhs to ₹16.0 Lakhs per year
Tata Motors	₹8.0 Lakhs to ₹18.0 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 Senior Manager Product Development at Volvo in India?

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

Experience	Average Salary Range
9 years	₹15.5 Lakhs to ₹28.2 Lakhs per year
10 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
11 years	₹7.2 Lakhs to ₹18.5 Lakhs per year
12 years	₹18.5 Lakhs to ₹34.3 Lakhs per year

and so on.

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Volvo Senior Manager Product Development Salaries

Volvo Senior Manager Product Development salary in India ranges between ₹15.5 Lakhs to ₹20.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Volvo latest salaries received from various employees of Volvo.