Bank of America Gurgaon / Gurugram Release Manager Salaries by 4 Employees

8 - 14 years exp.

₹13.5 Lakhs - ₹24 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% more than the average Release Manager Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

IT & Information Security Release Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹18 L/yr
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Project & Program Management Release Manager Salary 14 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹24 L/yr

Last Updated: 5 Apr 2024

Companies similar to Bank of America for Release Manager in Gurgaon / Gurugram

Bank of America Release Manager Salary

8 - 14 years exp. (4 salaries)

₹13.5 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
BT Group Release Manager Salary 5 - 9 years exp. (5 salaries)	₹6.7 L/yr - ₹15.3 L/yr 19% less
Stryker Release Manager Salary 6 - 15 years exp. (4 salaries)	₹12.4 L/yr - ₹26 L/yr 28% more
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TCS Release Manager Salary 7 - 12 years exp. (4 salaries)	₹10 L/yr - ₹15.8 L/yr 36% less
Orange Business Release Manager Salary 8 - 10 years exp. (3 salaries)	₹10 L/yr - ₹29 L/yr 21% more
Admiral Group Release Manager Salary 9 - 13 years exp. (3 salaries)	₹1 L/yr - ₹21 L/yr 54% less

Release Manager salary at Bank of America ranges between ₹13.5 Lakhs to ₹24 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Release Manager salaries in Gurgaon / Gurugram

Last Updated: 5 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.6 L/yr
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10 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
11 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
13 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.4 L/yr
14 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr

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Salary related reviews for Bank of America

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Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

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Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

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• posted on 18 Aug 2023

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Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Senior Software Engineer in Mumbai

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• posted on 05 Jul 2023

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Salary - Good

+5 more

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Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Salary - Good

+6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Release Manager Salary FAQs

What is the salary of Release Manager at Bank of America in Gurgaon / Gurugram?

The average salary of a Release Manager at Bank of America in Gurgaon / Gurugram typically ranges from ₹13.5 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Release Manager in Gurgaon / Gurugram at Bank of America earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Release Manager Salaries at Bank of America 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 Bank of America employees in India.

What is the estimated take home salary of a Release Manager at Bank of America in Gurgaon / Gurugram?

The estimated take-home salary of a Release Manager at Bank of America in Gurgaon / Gurugram typically ranges from ₹1,12,693 to ₹1,15,825 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Release Manager in India?

Stryker	₹12.4 Lakhs to ₹26.0 Lakhs per year
Orange Business	₹10.0 Lakhs to ₹29.0 Lakhs per year

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

What is the salary of a Release Manager in companies similar to Bank of America in Gurgaon / Gurugram?

The salary of a Release Manager at companies similar to Bank of America in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BT Group	₹6.7 Lakhs to ₹15.3 Lakhs per year
TCS	₹10.0 Lakhs to ₹15.8 Lakhs per year
Admiral Group	₹1.0 Lakhs to ₹21.0 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 Release Manager at Bank of America in Gurgaon / Gurugram?

The salary growth for a Release Manager at Bank of America in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Release Manager in Gurgaon / Gurugram can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
8 years	₹14.4 Lakhs to ₹18.5 Lakhs per year
9 years	₹15.4 Lakhs to ₹19.6 Lakhs per year
10 years	₹16.3 Lakhs to ₹20.8 Lakhs per year
11 years	₹17.2 Lakhs to ₹22.0 Lakhs per year

and so on.

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Bank of America Release Manager Salaries in Gurgaon / Gurugram

Bank of America Release Manager salary in Gurgaon / Gurugram ranges between ₹13.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.