Elara Capital Associate Economist Salaries by 4 Employees

4 - 8 years exp.

₹7.5 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

53% more than the average Associate Economist Salary in Financial Services Companies for 4 - 8 years of experience

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Last Updated: 23 Jan 2024

Companies similar to Elara Capital for Associate Economist

Company name	Avg Annual Salary	Open Jobs
ICRA Associate Economist Salary 0 - 2 years exp. (3 salaries)	₹6 L/yr - ₹9 L/yr 40% less
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CareEdge Ratings Associate Economist Salary 1 - 4 years exp. (3 salaries)	₹7 L/yr - ₹8 L/yr 38% less

Associate Economist salary at Elara Capital ranges between ₹7.5 Lakhs to ₹16 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Associate Economist salaries

Last Updated: 23 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
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6 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.4 L/yr
7 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
8 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr

Similar Designation salaries in Elara Capital

Research Analyst Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 L/yr

Analyst Salary

(6 salaries)

₹4.4 L/yr - ₹12 L/yr

Research Associate Salary

(4 salaries)

₹7.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Research Associate Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Salary related reviews for Elara Capital

Equity Research Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 17 Jan 2023

3.0

for Salary and Benefits

Likes

Very intrapreneurial culture. Good flexibility and platform to perform.

Company culture - Good

+1 more

Dislikes

Limited support by the promoters and senior management. A great franchise built over the last two decades but not able to leverage its network and relationships.

Skill development - Poor

+1 more

Institutional Equity Sales in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 08 May 2022

3.0

for Salary and Benefits

Likes

Accomodative work culture with good platform to create a name for oneself. Well respected as a broking house in the industry.

Job security - Excellent

+4 more

Dislikes

The best performers compensation turns out to be only at par with the overall industry. Overall Payscale is atleast 20-25% below industry standard.

Senior Research Associate in Mumbai

research Department

1.0

• posted on 14 Mar 2018

1.0

for Salary and Benefits

Likes

Elara Capital is completely controlled by harendra kumar, if you are having good relations with him then its fine. for learning and growth one should not go for it.

Dislikes

Job Security, Appraisal, learning, management

Salary - Bad

+6 more

see more salary related reviews

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Elara Capital Associate Economist Salary FAQs

What is the salary of Associate Economist at Elara Capital ?

The average salary of a Associate Economist at Elara Capital in India typically ranges from ₹7.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Associate Economist at Elara Capital earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Associate Economist Salaries at Elara Capital 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 Elara Capital employees in India.

What is the estimated take home salary of a Associate Economist at Elara Capital in India?

The estimated take-home salary of a Associate Economist at Elara Capital in India typically ranges from ₹87,155 to ₹89,440 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 Elara Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Associate Economist in companies similar to Elara Capital in India?

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

CareEdge Ratings	₹7.0 Lakhs to ₹8.0 Lakhs per year
ICRA	₹6.0 Lakhs to ₹9.0 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 Associate Economist at Elara Capital in India?

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

Experience	Average Salary Range
4 years	₹7.1 Lakhs to ₹9.1 Lakhs per year
5 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
6 years	₹11.2 Lakhs to ₹14.4 Lakhs per year
7 years	₹13.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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Elara Capital Associate Economist Salaries

Elara Capital Associate Economist salary in India ranges between ₹7.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Elara Capital latest salaries received from various employees of Elara Capital.