Vraj Machinetools Manager Design & Development Salaries by 4 Employees

13 - 19 years exp.

₹12.5 Lakhs - ₹18 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Manager Design & Development Salary in Industrial Machinery Companies for 13 - 19 years of experience

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Last Updated: 18 Aug 2023

Companies similar to Vraj Machinetools for Manager Design & Development

Company name	Avg Annual Salary	Open Jobs
Tata Hitachi Construction Machinery Manager Design & Development Salary 0 - 6 years exp. (8 salaries)	₹7.8 L/yr - ₹11.5 L/yr 40% less
Arvind Group Manager Design & Development Salary 8 - 17 years exp. (6 salaries)	₹8.6 L/yr - ₹12 L/yr 32% less
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Creamy foods Manager Design & Development Salary 2 - 8 years exp. (6 salaries)	₹4.5 L/yr - ₹10.5 L/yr 53% less
UNI-TECH Automation Manager Design & Development Salary 16 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹15 L/yr 24% less
Padmini VNA Mechatronics Manager Design & Development Salary 11 - 20 years exp. (5 salaries)	₹14 L/yr - ₹17 L/yr 4% more

Manager Design & Development salary at Vraj Machinetools ranges between ₹12.5 Lakhs to ₹18 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Vraj Machinetools.

Experience wise Vraj Machinetools Manager Design & Development salaries

Last Updated: 18 Aug 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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15+ years (3 salaries)	₹13.5 L/yr - ₹18 L/yr

Similar Designation salaries in Vraj Machinetools

Calibration Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Trainee Electrical Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

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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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Vraj Machinetools Manager Design & Development Salary FAQs

What is the salary of Manager Design & Development at Vraj Machinetools ?

The average salary of a Manager Design & Development at Vraj Machinetools in India typically ranges from ₹12.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Manager Design & Development at Vraj Machinetools earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Manager Design & Development Salaries at Vraj Machinetools 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 Vraj Machinetools employees in India.

What is the estimated take home salary of a Manager Design & Development at Vraj Machinetools in India?

The estimated take-home salary of a Manager Design & Development at Vraj Machinetools in India typically ranges from ₹1,02,803 to ₹1,05,615 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 Vraj Machinetools. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Vraj Machinetools for Manager Design & Development in India?

Padmini VNA Mechatronics

₹14.0 Lakhs to ₹17.0 Lakhs per year

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

What is the salary of a Manager Design & Development in companies similar to Vraj Machinetools in India?

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

UNI-TECH Automation	₹8.5 Lakhs to ₹15.0 Lakhs per year
Arvind Group	₹8.6 Lakhs to ₹12.0 Lakhs per year
Tata Hitachi Construction Machinery	₹7.8 Lakhs to ₹11.5 Lakhs per year
Creamy foods	₹4.5 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 Manager Design & Development at Vraj Machinetools in India?

The salary growth for a Manager Design & Development at Vraj Machinetools depends on factors such as experience, performance, and promotions. On average, a Manager Design & Development can expect the following growth trajectory at Vraj Machinetools:

Experience	Average Salary Range
13 years	₹11.3 Lakhs to ₹14.4 Lakhs per year
15 years	₹13.5 Lakhs to ₹18.0 Lakhs per year

and so on.

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Vraj Machinetools Manager Design & Development Salaries

Vraj Machinetools Manager Design & Development salary in India ranges between ₹12.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Vraj Machinetools latest salaries received from various employees of Vraj Machinetools.