Elara Capital Research Associate Salaries by 7 Employees (Updated 2024)

1 - 7 years exp.

₹7.5 Lakhs - ₹15 Lakhs

Salary of majority employees

158% more than the average Research Associate Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Research Associate Salary 1 year exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Finance & Accounting Research Associate Salary 4 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 5 Dec 2024

Companies similar to Elara Capital for Research Associate

Company name	Avg Annual Salary	Open Jobs
Edelweiss Research Associate Salary 0 - 2 years exp. (5 salaries)	₹5.6 L/yr - ₹18 L/yr 6% more
Motilal Oswal Financial Services Research Associate Salary 2 - 5 years exp. (6 salaries)	₹4 L/yr - ₹13.5 L/yr 27% less
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IIFL Finance Research Associate Salary 1 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹30 L/yr 6% less
JM Financial Research Associate Salary 2 - 5 years exp. (3 salaries)	₹14 L/yr - ₹25 L/yr 48% more
HDFC Securities Research Associate Salary 3 - 6 years exp. (6 salaries)	₹9 L/yr - ₹23 L/yr 16% more
ICICI Securities Research Associate Salary 1 - 6 years exp. (4 salaries)	₹12.5 L/yr - ₹17.3 L/yr 29% more
Axis Direct Research Associate Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 45% less
Angel One Research Associate Salary 2 - 8 years exp. (5 salaries)	₹2.6 L/yr - ₹9 L/yr 54% less
IDBI Capital Research Associate Salary 0 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 55% less
Link Group Research Associate Salary 0 - 2 years exp. (4 salaries)	₹3.4 L/yr - ₹8 L/yr 53% less

Research Associate salary at Elara Capital ranges between ₹7.5 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Elara Capital.

Experience wise Elara Capital Research Associate salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹7.5 L/yr - ₹10 L/yr
2 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
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3 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14 L/yr
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.8 L/yr
6 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
7 years (AmbitionBox Estimate)	₹15 L/yr - ₹15 L/yr

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Similar Designation salaries in Elara Capital

Senior Research Associate Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹31.1 L/yr - ₹39.7 L/yr

Analyst Salary

(5 salaries)

₹3.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 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.

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.

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.

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Elara Capital Research Associate Salary FAQs

What is the salary of Research Associate at Elara Capital?

Research Associate salary at Elara Capital in India ranges between ₹7.5 Lakhs to ₹15.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 158% more than the average Research Associate Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Elara Capital India.

How does the salary of a Research Associate at Elara Capital India compare with the average salary range for this job?

The average salary of a Research Associate at Elara Capital is 158% more than the average salary of a Research Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Elara Capital to a Research Associate in India?

JM Financial Research Associate Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
ICICI Securities Research Associate Salary - ₹12.5 Lakhs to ₹17.3 Lakhs per year
HDFC Securities Research Associate Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Edelweiss Research Associate Salary - ₹5.6 Lakhs to ₹18.0 Lakhs per year

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

IIFL Finance Research Associate Salary - ₹3.3 Lakhs to ₹30.0 Lakhs per year
Motilal Oswal Financial Services Research Associate Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
Axis Direct Research Associate Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Link Group Research Associate Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
Angel One Research Associate Salary - ₹2.6 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Research Associate at Elara Capital ranges between ₹86,559 per month to ₹88,828 per month in India. The take-home salary calculation is based on the average Elara Capital Research Associate salary in India which ranges between ₹7.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Research Associate at Elara Capital?

According to AmbitionBox, 33% of the Elara Capital Research Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Elara Capital Research Associate Salaries

Elara Capital Research Associate salary in India ranges between ₹7.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Elara Capital latest salaries received from various employees of Elara Capital.