CLSA Equity Research Associate Salaries by 5 Employees

0 - 4 years exp.

₹13 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

65% more than the average Equity Research Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 15 Jun 2023

Companies similar to CLSA for Equity Research Associate

Company name	Avg Annual Salary	Open Jobs
Jefferies Financial Group Equity Research Associate Salary 2 - 5 years exp. (4 salaries)	₹34 L/yr - ₹45 L/yr 81% more
JPMorgan Chase & Co. Equity Research Associate Salary 3 - 6 years exp. (39 salaries)	₹22 L/yr - ₹49 L/yr 86% more	3 job openings
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Zacks Research Equity Research Associate Salary 0 - 3 years exp. (29 salaries)	₹2 L/yr - ₹5 L/yr 81% less
Evalueserve Equity Research Associate Salary 0 - 3 years exp. (26 salaries)	₹7 L/yr - ₹11.1 L/yr 56% less
Elara Capital Equity Research Associate Salary 1 - 7 years exp. (21 salaries)	₹8.4 L/yr - ₹19 L/yr 41% less

Equity Research Associate salary at CLSA ranges between ₹13 Lakhs to ₹30 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of CLSA.

Experience wise CLSA Equity Research Associate salaries

Last Updated: 15 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹13 L/yr - ₹34.6 L/yr
1 year (AmbitionBox Estimate)	₹18.4 L/yr - ₹23.5 L/yr
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2 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹22 L/yr
3 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹30 L/yr
4 years (AmbitionBox Estimate)	₹18 L/yr - ₹43.3 L/yr

Similar Designation salaries in CLSA

Research Associate Salary

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₹9 L/yr - ₹27.5 L/yr

Equity Research Analyst Salary

(5 salaries)

₹18.5 L/yr - ₹33 L/yr

Senior Associate Salary

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₹7 L/yr - ₹30 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹95.9 L/yr - ₹106.1 L/yr

Equity Dealer Salary

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₹15 L/yr - ₹45 L/yr

Investment Analyst Salary

(AmbitionBox Estimate)

₹61.8 L/yr - ₹68.3 L/yr

Senior Analyst Salary

(7 salaries)

₹13 L/yr - ₹17.77 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹15.5 L/yr - ₹19.8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹95 L/yr - ₹105 L/yr

Associate Director Salary

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₹21.5 L/yr - ₹41.72 L/yr

Salary related reviews for CLSA

Middle Office Analyst in Pune

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Feb 2025

3.0

for Salary and Benefits

Likes

Salary comes on time Everyday you get fresh fruits

Dislikes

Not healthy work environment Manager don't have ethics to talk with employee Increment happened in every 2 years that to 2% Logged out time not fixed Employees are not supporting

Skill development - Bad

+4 more

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 03 Sep 2024

1.0

for Salary and Benefits

Likes

1. Flat heirarchy 2. Gets a exposure at how office politics work. 3. If in dev team you get good exposure of end to end working of an application. 4. In certain teams senior people are seriously talented.

Dislikes

1. Micro management regarding office timings and work. 2. No or marginable increment and bonus. 3. Too much office politics. 4. Higher management doesn't have any clue of the future of company . 5. Too much chinese influence in office workings. 6. Management doesn't want you to grow. 7. Legacy tech stack. 8. Luck based growth opportunities. 9. You can be fired at anytimes whenever chinese management decides to reduce headcount without any justification. 10. They start to count your mistakes and performance related issues only before increments and bonus. 11. Retirement company.

Salary - Bad

+3 more

Officer in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 11 Oct 2023

3.0

for Salary and Benefits

Likes

The Salary is good. Timing are good Work is good

Dislikes

Overall Policies are Stringent and only changes when management wants it. 0 Support by HR infact are least intrested in emplyoees issues. Work life balance is pathetic and also nor manager support decisions. Overall it feels very sad to work here.

Skill development - Bad

+5 more

Support Analyst in Pune

Full Time

Application Support Department

5.0

• posted on 08 Jul 2022

4.0

for Salary and Benefits

Likes

Good pay Good work life balance Good bonus COVID hardship allowance was awesome For my team, manager is just not manager, but like a big brother, always there for you guiding and supporting Ample of learning Seniors are cooperative to educate you There are wide applications, if you seen interested you may get the ownership , Recognition even on small accomplishments, A+ company for learning the technology stack of investment banking

Salary - Good

+4 more

Dislikes

...us may have a role of overall company's financial results which is justified You may slightly find a disparity in pay/position but you may freely speak out to your manager over this

Support Analyst in Pune

Full Time

IT & Information Security Department

4.0

• posted on 26 Jan 2025

4.0

for Salary and Benefits

Likes

Best thing about CLSA is it's open culture where you can directly contact anyone in the hierarchy and put out your thoughts and ideas. Good in terms of skill development.

Salary - Good

+2 more

Dislikes

In recent years company is facing many management changes which is shifting the open democratic culture towards more restrictive and 1 person dominant culture, upper management has started reducing hikes and bonuses, deducting employee facilities, removed hybrid policy, haven't gave promotions from last 3 years and increment cycles are not fixed. Plus the upper management usually don't answer any question these days

Promotions - Poor

+1 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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CLSA Equity Research Associate Salary FAQs

What is the salary of Equity Research Associate at CLSA ?

The average salary of a Equity Research Associate at CLSA in India typically ranges from ₹13.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Equity Research Associate at CLSA earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Equity Research Associate Salaries at CLSA 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 5 CLSA employees in India.

What is the estimated take home salary of a Equity Research Associate at CLSA in India?

The estimated take-home salary of a Equity Research Associate at CLSA in India typically ranges from ₹1,40,486 to ₹1,45,702 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 5 salaries received from various employees of CLSA. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CLSA for Equity Research Associate in India?

JPMorgan Chase & Co.	₹22.0 Lakhs to ₹49.0 Lakhs per year
Jefferies Financial Group	₹34.0 Lakhs to ₹45.0 Lakhs per year

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

What is the salary of a Equity Research Associate in companies similar to CLSA in India?

The salary of a Equity Research Associate at companies similar to CLSA in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Elara Capital	₹8.4 Lakhs to ₹19.0 Lakhs per year
Evalueserve	₹7.0 Lakhs to ₹11.1 Lakhs per year
Zacks Research	₹2.0 Lakhs to ₹5.0 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 Equity Research Associate at CLSA in India?

The salary growth for a Equity Research Associate at CLSA depends on factors such as experience, performance, and promotions. On average, a Equity Research Associate can expect the following growth trajectory at CLSA:

Experience	Average Salary Range
Fresher	₹13.0 Lakhs to ₹34.6 Lakhs per year
1 year	₹18.4 Lakhs to ₹23.5 Lakhs per year
2 years	₹8.7 Lakhs to ₹22.0 Lakhs per year
3 years	₹9.1 Lakhs to ₹30.0 Lakhs per year

and so on.

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CLSA Equity Research Associate Salaries

CLSA Equity Research Associate salary in India ranges between ₹13 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 CLSA latest salaries received from various employees of CLSA.