CareEdge Ratings Mumbai Senior Manager Salaries by 10+ Employees

7 - 15 years exp.

₹19 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Manager Salary in Financial Services Companies for 7 - 15 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Salary 7 - 15 years exp. (6 salaries)	₹19.1 L/yr - ₹24.6 L/yr
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BFSI, Investments & Trading Senior Manager Salary 10 - 15 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr

Last Updated: 14 Mar 2023

Companies similar to CareEdge Ratings for Senior Manager in Mumbai

CareEdge Ratings Senior Manager Salary

7 - 15 years exp. (12 salaries)

₹19 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Senior Manager Salary 7 - 17 years exp. (143 salaries)	₹7 L/yr - ₹25 L/yr 34% less
JM Financial Senior Manager Salary 7 - 17 years exp. (54 salaries)	₹6.3 L/yr - ₹20.1 L/yr 38% less
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Nippon Life India Asset Management Senior Manager Salary 8 - 20 years exp. (26 salaries)	₹11.3 L/yr - ₹23.8 L/yr 26% less
Sharekhan Senior Manager Salary 6 - 18 years exp. (25 salaries)	₹8 L/yr - ₹21 L/yr 36% less
Multi Commodity Exchange of India Senior Manager Salary 11 - 20 years exp. (23 salaries)	₹16 L/yr - ₹35 L/yr 11% more	2 job openings
LKP Securities Senior Manager Salary 10 - 17 years exp. (11 salaries)	₹5.4 L/yr - ₹16.4 L/yr 59% less
5paisa Capital Ltd. Senior Manager Salary 3 - 16 years exp. (11 salaries)	₹13.2 L/yr - ₹24 L/yr 28% less
Reliance Capital Senior Manager Salary 8 - 15 years exp. (9 salaries)	₹9.1 L/yr - ₹21.4 L/yr 46% less
Axis Mutual Fund Senior Manager Salary 7 - 17 years exp. (8 salaries)	₹11.8 L/yr - ₹25 L/yr 5% more
ICRA Senior Manager Salary 4 - 9 years exp. (7 salaries)	₹13 L/yr - ₹21 L/yr 18% less
BOBCARD Ltd. Senior Manager Salary 12 - 17 years exp. (6 salaries)	₹15.8 L/yr - ₹19 L/yr 23% less
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Stock Holding Corporation of India Senior Manager Salary 23 - 26 years exp. (4 salaries)	₹27 L/yr - ₹38 L/yr 43% more	2 job openings
Geojit Financial Services Senior Manager Salary 4 - 13 years exp. (4 salaries)	₹5 L/yr - ₹12 L/yr 64% less
MSCI Senior Manager Salary 10 - 15 years exp. (3 salaries)	₹22.5 L/yr - ₹28.8 L/yr 11% more
Religare Senior Manager Salary 14 - 17 years exp. (3 salaries)	₹5.5 L/yr - ₹11.4 L/yr 52% less

Senior Manager salary at CareEdge Ratings ranges between ₹19 Lakhs to ₹25 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 12 latest salaries received from various employees of CareEdge Ratings.

Experience wise CareEdge Ratings Senior Manager salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
8 years (3 salaries)	₹19 L/yr - ₹24 L/yr
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9 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.5 L/yr
10 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.6 L/yr
11 years (AmbitionBox Estimate)	₹20.1 L/yr - ₹25.7 L/yr
12 years (AmbitionBox Estimate)	₹20.2 L/yr - ₹25.8 L/yr
13 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
14 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr
15+ years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.3 L/yr

View all

Similar Designation salaries in CareEdge Ratings

Deputy Manager Salary

(28 salaries)

₹7.5 L/yr - ₹14 L/yr

Salary related reviews for CareEdge Ratings

1.2

Rated by 2 employees for salary & benefits

Deputy Manager in New Delhi

Finance & Accounting Department

4.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

..., publication, research), the organisation can provide a good platform for it. The salary is credited before next month starts.

Skill development - Good

+1 more

Dislikes

People, culture, process and IT Infrastructure needs improvement

Company culture - Poor

Analyst in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Jul 2023

1.0

for Salary and Benefits

Likes

Overall culture is average with hybrid option availability.

Dislikes

...Too much low salary in comparison to work load. Low increment at analyst level. No pay parity amongst the employees. Case execution preference over case process and understanding. Immediate senior level does not have the requisite of expertise in handling a team or a case.

Salary - Bad

+4 more

Senior Lead Analyst in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 15 Jun 2023

1.0

for Salary and Benefits

Likes

Learning

Skill development - Good

+1 more

Dislikes

...offered 19lac pa. Tier 2/3 institute got 11lacs pa. Lets see FY24 attrition. If you are joining please negotiate better salary prior joining because once you are in there is no way to increase that unless you join another company. Only join if you can bear the pain of disparity among.

Salary - Bad

+4 more

Senior Analyst in Mumbai

Full Time

Other Department

1.0

• posted on 02 Oct 2023

1.0

for Salary and Benefits

Likes

Initial learning phase

Dislikes

No value of the existing employees, bad pay No work life balance No leisure or fun activities (participation not allowed even if they're organised), only work No appreciation for work done No rest even on weekends or holidays applied for months back No freedom to take leaves when required, you can only fall sick when your manager permits you to No WFH allowed in some teams No flexibility of reporting time Micromanagement at its peak Not much learning once trained, cases are just executed to complete before deadlines

Salary - Bad

+6 more

Analyst in Ahmedabad

Full Time

Energy & Mining Department

4.0

• posted on 05 Jun 2023

3.0

for Salary and Benefits

Likes

There are a lot of opportunities to learn and grow at this company. It's a client-facing role where you get to interact with mid- to large-corporate senior-level management and get to understand their business on a deep level.

Job security - Good

+2 more

Dislikes

The salary disparity between different employees working at the same position is high. Plus the increments offered are way below industry standards.

Promotions - Poor

+1 more

see more salary related reviews

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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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CareEdge Ratings Senior Manager Salary FAQs

What is the salary of Senior Manager at CareEdge Ratings in Mumbai?

The average salary of a Senior Manager at CareEdge Ratings in Mumbai typically ranges from ₹19.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Senior Manager in Mumbai at CareEdge Ratings earn more than ₹24.7 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior Manager Salaries at CareEdge Ratings 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 10+ CareEdge Ratings employees in India.

What is the estimated take home salary of a Senior Manager at CareEdge Ratings in Mumbai?

The estimated take-home salary of a Senior Manager at CareEdge Ratings in Mumbai typically ranges from ₹1,45,018 to ₹1,50,439 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 10+ salaries received from various employees of CareEdge Ratings. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CareEdge Ratings for Senior Manager in India?

Stock Holding Corporation of India	₹27.0 Lakhs to ₹38.0 Lakhs per year
MSCI	₹22.5 Lakhs to ₹28.8 Lakhs per year
Multi Commodity Exchange of India	₹16.0 Lakhs to ₹35.0 Lakhs per year
Axis Mutual Fund	₹11.8 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Senior Manager in companies similar to CareEdge Ratings in Mumbai?

The salary of a Senior Manager at companies similar to CareEdge Ratings in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICRA	₹13.0 Lakhs to ₹21.0 Lakhs per year
BOBCARD Ltd.	₹15.8 Lakhs to ₹19.0 Lakhs per year
Nippon Life India Asset Management	₹11.3 Lakhs to ₹23.8 Lakhs per year
5paisa Capital Ltd.	₹13.2 Lakhs to ₹24.0 Lakhs per year
Edelweiss	₹7.0 Lakhs to ₹25.0 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 Senior Manager at CareEdge Ratings in Mumbai?

The salary growth for a Senior Manager at CareEdge Ratings in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at CareEdge Ratings:

Experience	Average Salary Range
7 years	₹19.8 Lakhs to ₹25.3 Lakhs per year
8 years	₹19.0 Lakhs to ₹24.0 Lakhs per year
9 years	₹20.0 Lakhs to ₹25.5 Lakhs per year
10 years	₹20.0 Lakhs to ₹25.6 Lakhs per year

and so on.

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CareEdge Ratings Senior Manager Salaries in Mumbai

CareEdge Ratings Senior Manager salary in Mumbai ranges between ₹19 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 CareEdge Ratings latest salaries received from various employees of CareEdge Ratings.