Edelweiss Assistant Vice President IT Salaries by 4 Employees

13 - 19 years exp.

₹21 Lakhs - ₹30 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Assistant Vice President IT Salary in Financial Services Companies for 13 - 19 years of experience

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Salaries in different departments

Engineering - Hardware & Networks Assistant Vice President IT Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹21 L/yr - ₹28.5 L/yr
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Project & Program Management Assistant Vice President IT Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹30 L/yr

Last Updated: 12 Mar 2023

Companies similar to Edelweiss for Assistant Vice President IT

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Assistant Vice President IT Salary 9 - 17 years exp. (48 salaries)	₹20.5 L/yr - ₹40 L/yr 25% more
Wells Fargo Assistant Vice President IT Salary 9 - 15 years exp. (37 salaries)	₹17.5 L/yr - ₹40 L/yr 14% more
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ICICI Securities Assistant Vice President IT Salary 12 - 22 years exp. (4 salaries)	₹21.6 L/yr - ₹38 L/yr 32% more
Aditya Birla Capital Assistant Vice President IT Salary 5 - 13 years exp. (4 salaries)	₹16 L/yr - ₹32.5 L/yr 4% more
JM Financial Assistant Vice President IT Salary 14 - 17 years exp. (4 salaries)	₹16.3 L/yr - ₹32 L/yr 11% less

Assistant Vice President IT salary at Edelweiss ranges between ₹21 Lakhs to ₹30 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Assistant Vice President IT salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)	₹23.5 L/yr - ₹30 L/yr
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15+ years (3 salaries)	₹21 L/yr - ₹24 L/yr

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Salary related reviews for Edelweiss

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 28 Jul 2023

3.0

for Salary and Benefits

Likes

Its really good working here. Work life balance you can manage effortlessly Appreciated for your hard work

Skill development - Good

+4 more

Dislikes

Definitely some points are in improvement can provide better payments/salary Not having office amenities like refreshment, not have best food

Senior Associate in Mumbai

Retail Department

3.0

• posted on 16 Apr 2019

3.0

for Salary and Benefits

Likes

Good work life balance. Very employee centric and open door policy. Good bonus

Company culture - Excellent

+1 more

Dislikes

Fixed pay is less as they compensate by giving bonuses. Lot of restructuring. Job insecurity due to closure of many business verticals currently

Skill development - Poor

+2 more

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Associate in Indore

Full Time

Finance & Accounting Department

3.0

• posted on 05 Jul 2023

1.0

for Salary and Benefits

Likes

Good work life balance

Company culture - Good

+1 more

Dislikes

...r further growth , than it is ok , if not than this is not the company for you Also they match the package of those without generating package from the other company , whose vertical is standing at nil business .( Total politics )

Salary - Bad

+3 more

Associate in Nellore

Full Time

Other Department

5.0

• posted on 08 May 2023

3.0

for Salary and Benefits

Likes

Yes I feel very happy to work here

Skill development - Good

+5 more

Dislikes

... is importance for seniors Seniors means people who have faith in the company It will be good if the salary is increased for the working people and they trust the company and work for the company

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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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Edelweiss Assistant Vice President IT Salary FAQs

What is the salary of Assistant Vice President IT at Edelweiss ?

The average salary of a Assistant Vice President IT at Edelweiss in India typically ranges from ₹21.0 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Assistant Vice President IT at Edelweiss earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Assistant Vice President IT Salaries at Edelweiss 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 Edelweiss employees in India.

What is the estimated take home salary of a Assistant Vice President IT at Edelweiss in India?

The estimated take-home salary of a Assistant Vice President IT at Edelweiss in India typically ranges from ₹1,59,628 to ₹1,65,709 per month. This is based on the average salary range of ₹21.0 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Edelweiss for Assistant Vice President IT in India?

ICICI Securities	₹21.6 Lakhs to ₹38.0 Lakhs per year
JPMorgan Chase & Co.	₹20.5 Lakhs to ₹40.0 Lakhs per year
Wells Fargo	₹17.5 Lakhs to ₹40.0 Lakhs per year
Aditya Birla Capital	₹16.0 Lakhs to ₹32.5 Lakhs per year

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

What is the salary of a Assistant Vice President IT in companies similar to Edelweiss in India?

The salary of a Assistant Vice President IT at companies similar to Edelweiss in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JM Financial

₹16.3 Lakhs to ₹32.0 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 Assistant Vice President IT at Edelweiss in India?

The salary growth for a Assistant Vice President IT at Edelweiss depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President IT can expect the following growth trajectory at Edelweiss:

Experience	Average Salary Range
13 years	₹10.8 Lakhs to ₹30.0 Lakhs per year
14 years	₹23.5 Lakhs to ₹30.0 Lakhs per year
15 years	₹21.0 Lakhs to ₹24.0 Lakhs per year

and so on.

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Edelweiss Assistant Vice President IT Salaries

Edelweiss Assistant Vice President IT salary in India ranges between ₹21 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Edelweiss latest salaries received from various employees of Edelweiss.