ZF Steering Gear Chennai Manager M1 Salaries by 5 Employees (Updated 2024)

15 - 18 years exp.

₹15 Lakhs - ₹18 Lakhs

Salary of majority employees

60% 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: 2 Oct 2024

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. (99 salaries)	₹5.8 L/yr - ₹13 L/yr 39% less
Equitas Small Finance Bank Manager M1 Salary 8 - 13 years exp. (10 salaries)	₹6 L/yr - ₹11 L/yr 51% less
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HDFC Bank Manager M1 Salary 6 - 12 years exp. (8 salaries)	₹5.5 L/yr - ₹11 L/yr 52% less
Vodafone Idea Manager M1 Salary 3 - 11 years exp. (8 salaries)	₹6.5 L/yr - ₹11 L/yr 49% less
Capgemini Manager M1 Salary 11 - 16 years exp. (8 salaries)	₹16 L/yr - ₹21 L/yr 2% 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: 2 Oct 2024

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

(27 salaries)

₹9.3 L/yr - ₹16.5 L/yr

Project Manager Salary

(4 salaries)

₹11 L/yr - ₹21.34 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.

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

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.

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.

Dislikes

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

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.

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.

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

Dislikes

This company career growth is average and salary is decent

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ZF Steering Gear Manager M1 Salary FAQs

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

Manager M1 salary at ZF Steering Gear in Chennai ranges between ₹15.0 Lakhs to ₹18.0 Lakhs for experience between 15 years to 18 years. According to our estimates it is 60% more than the average Manager M1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of ZF Steering Gear Chennai.

How does the salary of a Manager M1 at ZF Steering Gear Chennai compare with the average salary range for this job?

The average salary of a Manager M1 at ZF Steering Gear is 60% more than the average salary of a Manager M1 in Chennai. To know exact salary insights, login to view.

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

Capgemini Manager M1 Salary - ₹16.0 Lakhs to ₹21.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹5.8 Lakhs to ₹13.0 Lakhs per year
Vodafone Idea Manager M1 Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
Equitas Small Finance Bank Manager M1 Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Manager M1 Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year

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 ranges between ₹1,14,068 per month to ₹1,17,244 per month in Chennai. The take-home salary calculation is based on the average ZF Steering Gear Manager M1 salary in India which ranges between ₹15.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 15 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at ZF Steering Gear in Chennai?

According to AmbitionBox, 60% of the ZF Steering Gear Manager M1s in Chennai reported a notice period of 3 Months, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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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.