Average Service Operations Manager Salary in India for 2024
In this article, we will look at the average Service Operations Manager salary for 2024 in India and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.
How Much Does a Service Operations Manager Make in India?
A Service Operations Manager working in India will typically earn around 502,200 INR per year, and this can range from the lowest average salary of about 254,800 INR to the highest average salary of 774,200 INR.
These are average salaries for a Service Operations Manager in India and include benefits such as housing and transport. It's also possible for a Service Operations Manager to earn more or less than the average salaries shown above.
Service Operations Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Service Operations Manager Salaries in India
So we've looked at the average salaries a Service Operations Manager will earn in India. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Service Operations Manager can earn between 254,800 INR and 774,200 INR on average in India. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Service Operations Manager in India is 492,400 INR. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 492,400 INR, and 50% of the population earn more than 492,400 INR.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Service Operations Manager salary in India, 25% of the population are earning less than 335,800 INR while 75% of the population earn more than 335,800 INR.
75% of the population earn less than 619,000 INR, and 25% of the population earn more than 619,000 INR.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Service Operations Manager Salary by Experience Level in India
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average service operations manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Service Operations Manager in India that has less than two years of experience can expect to earn somewhere in the region of 288,100 INR.
- 2 - 5 Years Experience. With two to five years of experience the average Service Operations Manager salary would increase to 375,200 INR.
- 5 - 10 Years Experience. From five to ten years of experience as a Service Operations Manager, the average salary would be 524,700 INR.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 629,800 INR.
- 15 - 20 Years Experience. A Service Operations Manager with 15 to 20 years of experience can earn an average of 683,800 INR.
- 20+ Years Experience. For a Service Operations Manager with more than 20 years, the expected average salary increases to 739,500 INR.
Average Salary by Experience Chart
| 0-2 Years |
288,100 INR
|
|
| 2-5 Years | +31% |
375,200 INR
|
| 5-10 Years | +40% |
524,700 INR
|
| 10-15 Years | +20% |
629,800 INR
|
| 15-20 Years | +9% |
683,800 INR
|
| 20+ Years | +8% |
739,500 INR
|
Service Operations Manager Salary by Education Level in India
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Service Operations Manager in India based on the education level of the employees in order to find out whether a better education level would increase your salary.
-
Bachelor's Degree. A Service Operations Manager in India with a bachelor's degree education can earn an average salary of 353,600 INR.
-
Master's Degree. A Service Operations Manager in India with a master's degree education can earn an average salary of 628,000 INR.
Average Salary by Education Chart
| Bachelor's Degree |
353,600 INR
|
|
| Master's Degree | +77% |
628,000 INR
|
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Service Operations Manager Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In India, a male service operations manager will earn an average of 544,800 INR, while a female service operations manager will earn around 464,400 INR.
This means that a male service operations manager earns approximately 17% more than a female service operations manager for performing the same job.
Average Salary by Gender Chart in India
| Male |
544,800 INR
|
|
| Female | -17% |
464,400 INR
|
Service Operations Manager Average Pay Raise in India
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Service Operations Manager in India is around 11% every 19 months.
The national average pay raise across all professions and industries in India is around 9% every 16 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 11 ÷ 19 ) × 12 = 7%
What this means is that a Service Operations Manager in India can expect to receive an average pay raise of around 7% every 12 months.
Annual Pay Raise by Industry in India for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
| Banking |
1%
|
|
| Energy |
2%
|
|
| Information Technology |
3%
|
|
| Healthcare |
4%
|
|
| Travel |
5%
|
|
| Construction |
6%
|
|
| Education |
7%
|
Service Operations Manager Bonus and Incentive Rates in India
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Service Operations Manager is a high bonus based job, with 80% of employees reporting at least one bonus in the last 12 months.
20% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.
| Received Bonus |
80%
|
|
| No Bonus |
20%
|
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in India earn approximately 6% more than private sector employees in the same role.
| Public Sector |
392,300 INR
|
|
| Private Sector | -6% |
371,100 INR
|
Salaries for Jobs Similar to a Service Operations Manager
In the table below, we have salary information for jobs that are similar to a Service Operations Manager in India.
Salary Comparison by City
If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.
Salary Comparison by State
The table below includes links to the average salary for each state in India.
Link To or Reference This Page
We spend a lot of time collecting, cleaning, merging, and formatting the data that is shown on the site to be as useful to you as possible.
If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference World Salaries as the source. We appreciate your support!
-
<a href="https://worldsalaries.com/average-service-operations-manager-salary-in-india/">Average Service Operations Manager Salary in India for 2024</a>
-
"Average Service Operations Manager Salary in India for 2024". World Salaries. Accessed on April 18, 2024. https://worldsalaries.com/average-service-operations-manager-salary-in-india/.
-
"Average Service Operations Manager Salary in India for 2024". World Salaries, https://worldsalaries.com/average-service-operations-manager-salary-in-india/. Accessed 18 April, 2024
-
Average Service Operations Manager Salary in India for 2024. World Salaries. Retrieved from https://worldsalaries.com/average-service-operations-manager-salary-in-india/.