A person working as an Automotive Inventory Officer in India typically earns around 11,400 INR per month. Salaries range from 5,240 INR (lowest) to 18,100 INR (highest).
This is the average monthly salary including housing, transport, and other benefits. Automotive Inventory Officer salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Automotive Inventory Officer salaries in India range from 5,240 INR per month (minimum salary) to 18,100 INR per month (maximum salary).
The median salary is 12,300 INR per month, which means that half (50%) of people working as Automotive Inventory Officer(s) are earning less than 12,300 INR while the other half are earning more than 12,300 INR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Automotive Inventory Officer(s) are earning less than 7,900 INR while 75% of them are earning more than 7,900 INR. Also from the diagram, 75% of Automotive Inventory Officer(s) are earning less than 16,400 INR while 25% are earning more than 16,400 INR.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Automotive Inventory Officer salaries by experience level and this is what we found.
An Automotive Inventory Officer with less than two years of experience makes approximately 5,950 INR per month.
While someone with an experience level between two and five years is expected to earn 7,950 INR per month, 34% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 11,700 INR per month, 48% more than someone with two to five years of experience.
Additionally, Automotive Inventory Officer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 14,300 INR per month, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 15,600 INR per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 16,900 INR per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+34%|
|5 - 10 Years||+48%|
|10 - 15 Years||+22%|
|15 - 20 Years||+9%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Automotive Inventory Officer salaries by education level in order to make a comparison.
When the education level is High School, the average salary of an Automotive Inventory Officer is 6,790 INR per month.
While someone with a Certificate or Diploma gets a salary of 10,700 INR per month, 57% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 17,900 INR per month, 68% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+57%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Automotive Inventory Officer employees in India earn 20% more than their female counterparts on average.
Automotive Inventory Officer(s) in India are likely to observe a salary increase of approximately 10% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in India for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
An Automotive Inventory Officer is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
67% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 33% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 0% to 4% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Automotive Inventory Officer is 45% less than that of Automotive. Also, Automotive salaries are 35% less than those of All Jobs.
|Job Title||Average Salary|
|After Sales Automotive Manager||33,300 INR||+190%|
|Alignment Technician||10,900 INR||-4%|
|Auto Damage Adjuster||12,800 INR||+12%|
|Auto Detailer||12,400 INR||+9%|
|Auto Parts Manager||40,400 INR||+250%|
|Automotive Assembler||11,900 INR||+4%|
|Automotive Assembly Manager||37,100 INR||+230%|
|Automotive Body Repairer||11,400 INR||=|
|Automotive Branch Manager||49,900 INR||+340%|
|Automotive Central Planner||17,100 INR||+50%|
|Automotive Electrician||14,300 INR||+25%|
|Automotive Estimating Manager||30,900 INR||+170%|
|Automotive Estimator||25,200 INR||+120%|
|Automotive General Manager||59,400 INR||+420%|
|Automotive Inventory Officer||11,400 INR||=|
|Automotive Parts Supplier||18,100 INR||+59%|
|Automotive Project Engineer||21,400 INR||+88%|
|Automotive Project Manager||42,300 INR||+270%|
|Automotive Purchase Manager||45,100 INR||+300%|
|Automotive Sales||23,800 INR||+110%|
|Automotive Technician||11,900 INR||+4%|
|Automotive Test Engineer||20,400 INR||+79%|
|Automotive Warranty Administrator||20,000 INR||+75%|
|Automotive Warranty Clerk||13,100 INR||+15%|
|Car Parts and Accessories Fitter||10,900 INR||-4%|
|Damage Appraiser||17,600 INR||+54%|
|Diesel Engine Specialist||16,600 INR||+46%|
|Job Card Opener||10,900 INR||-4%|
|Lube Technician||9,500 INR||-17%|
|Master File Maintenance||16,200 INR||+42%|
|Materials Planner||18,100 INR||+59%|
|Motor Vehicle Inspector||17,600 INR||+54%|
|Service Advisor||21,900 INR||+92%|
|Service Manager||35,600 INR||+210%|
|Stock Controller||15,200 INR||+33%|
|Technical Advisor||22,800 INR||+100%|
|Tire Retreader||10,900 INR||-4%|
|Used Car Manager||31,800 INR||+180%|
|Vehicle Body Maker||14,700 INR||+29%|
|Vehicle Examiner||15,700 INR||+38%|
|Vehicle Painter||9,980 INR||-12%|
|Vehicle Trimmer||11,200 INR||-2%|
|Andaman & Nicobar Islands||9,820 INR|
|Andhra Pradesh||13,300 INR|
|Arunachal Pradesh||10,600 INR|
|Dadra & Nagar Haveli||10,300 INR|
|Daman & Diu||9,540 INR|
|Himachal Pradesh||11,500 INR|
|Jammu & Kashmir||11,200 INR|
|Madhya Pradesh||13,400 INR|
|Tamil Nadu||13,500 INR|
|Uttar Pradesh||13,500 INR|
|West Bengal||13,800 INR|
Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors.