Innovcare Lifesciences Management Trainee Salaries by 4 Employees

0 - 1 year exp.

₹6 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

Management Trainee Salary at Innovcare Lifesciences ranges between ₹6 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various... Read more

17% less than the average Management Trainee Salary in Internet Companies for 0 - 1 year of experience

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Last Updated: 16 Jan 2024

Companies similar to Innovcare Lifesciences for Management Trainee

Company name	Avg Annual Salary	Open Jobs
StoreKing Management Trainee Salary 0 - 1 year exp. (9 salaries)	₹3.8 L/yr - ₹7.7 L/yr 18% less
Impact Guru Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹2.3 L/yr - ₹4.5 L/yr 48% less
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Zolo Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹4 L/yr - ₹12.6 L/yr 33% more

Genpact Management Trainee Salary 0 - 15 years exp. (22.3k salaries)	₹4.2 L/yr - ₹8.7 L/yr 2% more	19 job openings
ICICI Bank Management Trainee Salary 0 - 4 years exp. (955 salaries)	₹12.2 L/yr - ₹20.5 L/yr 157% more

Innovcare Lifesciences Management Trainee salaries by

Years of experience	Avg. annual salary
Fresher (3 salaries)	₹6 L/yr - ₹7 L/yr
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1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation Salaries at Innovcare Lifesciences

Similar Designation	Avg. annual salary
Finance Executive Salary (3 salaries)	₹4 L/yr - ₹5 L/yr
Deputy Manager Salary (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
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Senior Accounts Executive Salary (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

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Salary Discussions, Hike & Promotions

a full stack developer

No Salary Discussion in My Appraisal — What’s Your Experience?

In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?

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Salary related reviews for Innovcare Lifesciences

5.0

Rated by 1 employees for salary & benefits

Associate Executive in Mumbai

Marketing & Communication Department

3.0

• updated on 22 Apr 2022

2.0

for Salary and Benefits

Likes

Products are good can build identity with that but management support is very poor, can work for long term but chance to grow in carrier is very slim.

Job security - Good

Dislikes

Here CTC is problematic hidden deduction happens You will get less asper CTC Salary expense comes on time but other than that no time frame maintained.

Salary - Poor

+4 more

Product Executive in Mumbai

Marketing Department

1.0

• updated on 25 May 2021

1.0

for Salary and Benefits

Likes

There is no Job security, No work culture. Conventional and traditional and dominating management and team. They will not do anything and expect results. There is no company policy and all.

Dislikes

They will make you work on all Saturday and Sunday. No personal Life. No process and system. Today they will tell you something and tomorrow they will do something else. The company is sales-driven not marketing-driven

Salary - Bad

+6 more

Associate Manager

Marketing & Communication Department

4.0

• updated on 18 Nov 2017

4.0

for Salary and Benefits

Likes

It's good experience to work with innovcare life sciences. This company has made so many innovations. Training is imparted by highly skilled and knowledgeable persons .This company adopts multi national culture.innovcare comes up with some unique products. Employees come from different cultural backgrounds and it's good to work with collaboration.

Salary - Good

+6 more

Dislikes

Appraisal, politics and transpirancy is not there.

Regional Sales Manager in Ludhiana

Sales & Business Development Department

1.0

• updated on 08 Jun 2018

1.0

for Salary and Benefits

Likes

Team at ground level

Dislikes

Toxic culture , Lots of politics , Bosses take the credit of Success and You are responsible for failures. A big difference between what is said and what is done by top management people.

Salary - Bad

+6 more

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Innovcare Lifesciences Management Trainee Salary FAQs

What is the salary of Management Trainee at Innovcare Lifesciences ?

The average salary of a Management Trainee at Innovcare Lifesciences in India typically ranges from ₹6.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Innovcare Lifesciences earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Management Trainee Salaries at Innovcare Lifesciences 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 Innovcare Lifesciences employees in India.

What is the estimated take home salary of a Management Trainee at Innovcare Lifesciences in India?

The estimated take-home salary of a Management Trainee at Innovcare Lifesciences in India typically ranges from ₹47,605 to ₹48,732 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 1 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 Innovcare Lifesciences. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Innovcare Lifesciences for Management Trainee in India?

ICICI Bank	₹12.2 Lakhs to ₹20.5 Lakhs per year
Zolo	₹4.0 Lakhs to ₹12.6 Lakhs per year
Genpact	₹4.2 Lakhs to ₹8.7 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Innovcare Lifesciences in India?

The salary of a Management Trainee at companies similar to Innovcare Lifesciences in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

StoreKing	₹3.8 Lakhs to ₹7.7 Lakhs per year
Impact Guru	₹2.3 Lakhs to ₹4.5 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 Innovcare Lifesciences in India?

The salary growth for a Management Trainee at Innovcare Lifesciences depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Innovcare Lifesciences:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹7.0 Lakhs per year
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Innovcare Lifesciences Management Trainee Salaries

Innovcare Lifesciences Management Trainee salary in India ranges between ₹6 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Innovcare Lifesciences latest salaries received from various employees of Innovcare Lifesciences.