ZF Steering Gear Chennai Manager M1 Salaries by 5 Employees (Updated 2025)

15 - 18 years exp.

₹15 Lakhs - ₹18 Lakhs

Salary of majority employees

61% more than the average Manager M1 Salary in Auto Components Companies for 15 - 18 years of experience

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Salaries in different departments

Research & Development Manager M1 Salary 15 - 17 years exp. (3 salaries)	₹16.2 L/yr - ₹19.8 L/yr
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Production, Manufacturing & Engineering Manager M1 Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 17 Mar 2025

Companies similar to ZF Steering Gear for Manager M1 in Chennai

ZF Steering Gear Manager M1 Salary

15 - 18 years exp. (5 salaries)

₹15 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 16 years exp. (104 salaries)	₹5.8 L/yr - ₹13 L/yr 42% less
Capgemini Manager M1 Salary 9 - 16 years exp. (11 salaries)	₹15.7 L/yr - ₹21 L/yr 1% less
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Equitas Small Finance Bank Manager M1 Salary 8 - 13 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr 49% less
HDFC Bank Manager M1 Salary 6 - 12 years exp. (8 salaries)	₹5.5 L/yr - ₹8.9 L/yr 53% less
Vodafone Idea Manager M1 Salary 3 - 11 years exp. (8 salaries)	₹6.5 L/yr - ₹11 L/yr 50% less

Manager M1 salary at ZF Steering Gear ranges between ₹15 Lakhs to ₹18 Lakhs per year for employees with experience between 15 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of ZF Steering Gear.

Experience wise ZF Steering Gear Manager M1 salaries in Chennai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹15 L/yr - ₹18 L/yr
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Similar Designation salaries in ZF Steering Gear

Deputy Manager Salary

(28 salaries)

₹9.3 L/yr - ₹16.5 L/yr

Project Manager Salary

(5 salaries)

₹11 L/yr - ₹25 L/yr

Team Lead Salary

(4 salaries)

₹15.5 L/yr - ₹22 L/yr

Salary related reviews for ZF Steering Gear

Engineer Trainee in Pune

Full Time

Media Production & Entertainment Department

2.0

• posted on 04 Oct 2024

1.0

for Salary and Benefits

Likes

I joined this company initially. Then they gave us training for four days. Exams were conducted on whatever was taught in the training.Skill development improved greatly due to training and physical work.

Job security - Good

+1 more

Dislikes

As per the interview, the nature of the work was different in the company. The salary was very low for the work. There is no match between the job designation and the work there. One has to work standing for eight hours.No chance of sitting

Salary - Bad

+3 more

Senior Production Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 26 Jul 2023

4.0

for Salary and Benefits

Likes

Work culture is good, self skill development with working, salary packages are good as par experience.

Salary - Good

+6 more

Dislikes

No further growth opportunity, You have to handle all your work related activity , more work burdon.

Specialist in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

Market standard salary, good benefits such as helath insurance will be provided to the parents without any extra amount. OSS domain is in boom and good job security.

Salary - Excellent

+2 more

Dislikes

Work life balance, promotions, HR related things. Poor VPN network, very difficult to do WFH if they provide option also.

Work-life balance - Bad

Quaity Control Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 16 Feb 2023

1.0

for Salary and Benefits

Likes

The company is very good. I really like its technology environment. All the things rule, regulations, discipline and also its fooding facility is good.

Job security - Excellent

+1 more

Dislikes

Company environment is good. But in the salary part, there is big fraud between HR NITIN AND CONTRACTOR ABHIJEET(Perfect contract) . They are the big fraud in this company. They know only how to earn money without doing any work. Shame on them. These types of people ruined the company reputation. These people only know how to eat the salary of the workers.

Salary - Bad

+1 more

Junior Engineer Production in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 17 Jan 2022

3.0

for Salary and Benefits

Likes

This company good work environment and culture good team work are supportive and the management is transparent and best knowledge of se company

Skill development - Excellent

+5 more

Dislikes

This company career growth is average and salary is decent

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a manager - business analyst

Shifting from Bangalore to Hyderabad

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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ZF Steering Gear Manager M1 Salary FAQs

What is the salary of Manager M1 at ZF Steering Gear in Chennai?

The average salary of a Manager M1 at ZF Steering Gear in Chennai typically ranges from ₹15.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 15 years to 18 years).

The top 10% of Manager M1 in Chennai at ZF Steering Gear earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Manager M1 Salaries at ZF Steering Gear 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 ZF Steering Gear employees in India.

What is the estimated take home salary of a Manager M1 at ZF Steering Gear in Chennai?

The estimated take-home salary of a Manager M1 at ZF Steering Gear in Chennai typically ranges from ₹1,14,068 to ₹1,17,244 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 15 years to 18 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 ZF Steering Gear. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Manager M1 in companies similar to ZF Steering Gear in Chennai?

The salary of a Manager M1 at companies similar to ZF Steering Gear in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini	₹15.7 Lakhs to ₹21.0 Lakhs per year
ICICI Bank	₹5.8 Lakhs to ₹13.0 Lakhs per year
Equitas Small Finance Bank	₹6.0 Lakhs to ₹11.0 Lakhs per year
Vodafone Idea	₹6.5 Lakhs to ₹11.0 Lakhs per year
HDFC Bank	₹5.5 Lakhs to ₹8.9 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 M1 at ZF Steering Gear in Chennai?

The salary growth for a Manager M1 at ZF Steering Gear in Chennai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Chennai can expect the following growth trajectory at ZF Steering Gear:

Experience	Average Salary Range
15 years	₹15.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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ZF Steering Gear Manager M1 Salaries in Chennai

ZF Steering Gear Manager M1 salary in Chennai ranges between ₹15 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ZF Steering Gear latest salaries received from various employees of ZF Steering Gear.