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ERGO Technology & Services Business Analyst salaries in Mumbai (Updated 2025)

Annual salary range
2 - 9 years exp.
₹6 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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7% more than the average Business Analyst Salary in IT Services & Consulting Companies for 2 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics
Business Analyst Salary
2 - 8 years exp. (9 salaries)
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₹7 L/yr - ₹15.5 L/yr

IT & Information Security
Business Analyst Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹14.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to ERGO Technology & Services for Business Analyst in Mumbai

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ERGO Technology & Services Business Analyst Salary

2 - 9 years exp. (19 salaries)

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₹6 L/yr - ₹15.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HERE Technologies Business Analyst Salary

2 - 7 years exp. (16 salaries)

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₹2.9 L/yr - ₹9.3 L/yr

arrow icon 57% less
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Nityo Infotech Business Analyst Salary

1 - 10 years exp. (10 salaries)

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₹4.8 L/yr - ₹15.8 L/yr

arrow icon 9% less
2 job openings
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Allianz Technology Business Analyst Salary

4 - 10 years exp. (9 salaries)

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₹6 L/yr - ₹12.2 L/yr

arrow icon 1% more
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Ingram Micro Business Analyst Salary

6 - 13 years exp. (8 salaries)

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₹9.8 L/yr - ₹19.3 L/yr

arrow icon 15% more
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Expleo Group Business Analyst Salary

5 - 8 years exp. (6 salaries)

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₹7 L/yr - ₹15.2 L/yr

At par
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Expleo Solutions Business Analyst Salary

6 - 12 years exp. (5 salaries)

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₹9.4 L/yr - ₹12.5 L/yr

arrow icon 3% more
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HTC Global Services Business Analyst Salary

3 - 9 years exp. (4 salaries)

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₹8.8 L/yr - ₹13.5 L/yr

arrow icon 3% more
1 job opening
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Diebold Nixdorf Business Analyst Salary

5 - 7 years exp. (3 salaries)

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₹8 L/yr - ₹10 L/yr

arrow icon 25% less
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Wipro Digital Business Analyst Salary

1 - 4 years exp. (3 salaries)

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₹5.2 L/yr - ₹12.9 L/yr

arrow icon 20% less
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Globant Business Analyst Salary

9 - 10 years exp. (3 salaries)

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₹15.5 L/yr - ₹22.5 L/yr

arrow icon 62% more
Business Analyst salary at ERGO Technology & Services ranges between ₹6 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 19 latest salaries received from various employees of ERGO Technology & Services.

Latest annual salaries shared by ERGO Technology & Services Business Analyst in Mumbai

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Experience wise ERGO Technology & Services Business Analyst salaries in Mumbai

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹6 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
4 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
5 years  (5 salaries)

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₹4.3 L/yr - ₹13 L/yr
6 years  (3 salaries)

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₹11.8 L/yr - ₹14 L/yr
View all

Similar Designation salaries in ERGO Technology & Services

Deputy Manager Salary
(8 salaries)
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₹6.5 L/yr - ₹13.6 L/yr
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₹16.5 L/yr - ₹22 L/yr
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₹17 L/yr - ₹30 L/yr
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₹15 L/yr - ₹34.1 L/yr
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₹11.2 L/yr - ₹14 L/yr
Team Lead Salary
(3 salaries)
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₹18 L/yr - ₹18.5 L/yr

Top skills at ERGO Technology & Services for Business Analyst

IT Business Analysis Insurance Cobit Front Office Management Data Modeling Basel Reporting and Analysis SAP Security and GRC Compliance Agile Coaching Business Analytics Gdpr Business Analysis Requirement Analysis FEMA Matters

Salary related reviews for ERGO Technology & Services

3.0

Rated by 4 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 10 Mar 2025

5.0
 for  Salary and Benefits

Likes

... see you as a machine out of which they shall squeeze as much juice as possible. Salaries are definitely better than most other IT companies for people having upto 5-6 years of experience, beyond that I would say there are plenty of companies out there who would pay significantly better if you are that good at your role. But Ergo as an organisation does take every possible step to retain an employee and give them a very competitive compensation (better than most in my experience). You will get a fixed 10 percent appraisal, hefty bonuses every other quarter. This is far better than 99% IT companies out there. They also send on site to Germany (you have to be lucky enough to get allocated in such a project) for multiple months or even a year. I don’t see anyone on this site mention all of these benefits. Job security is also 10/10. The amount of useless people that I see getting paid an amount that they will probably not get anywhere else honestly made me feel like the company is mother teresa incorporated. You put all of this together and I would argue that this company is jackpot for anyone with 0-4 years of experience. Now coming to the part that might trigger a lot of you folks. I personally left the organisation because I felt that their operations kind of caters to all employees and the ones who constantly have a greater output than their teammates also have to be happy with the same incentives and this is why I left and why I have seen several smart engineers leave Ergo. It is definitely not what I read on this website because most of it is written by entitled people who do not understand how an economy or just an individual organisation at the scale of Ergo functions and goes about generating paychecks for everyone. Most of the negative reviews while they do have merit (I mean who am I to discredit one’s lived experience) they do not do justice to reality because nowhere do they mention that despite having an average CV you get hired at a minimum of 50% increment on your current offer and then you enjoy all the facilities that the company offers and it is these below average over entitled people who are writing these reviews, so I thought since the management has put up with my tantrums for over a year I might as well give a genuine and positive perspective on things. So in short if you have below 5 years of work exp and the role that Ergo is offering is not very different to what you have built in your career so far, take it. Ergo is arguably the best for such a scenario. If you don’t like working here after you join complete one year take the hefty bonuses and leave, I guarantee you will realise after working here how good the work culture is. On the other hand if you have over 5 years of experience and you wish to see 50-60% increment in your pay annually then of course take Ergo offer only if it is maximum as switching a year later is really your only choice of plan. But if you are content with your pay and wish to make your CV better and are now looking for longer lasting leadership roles in the same company then I would say Ergo is definitely far better than the IT giants. Job security is 10/10 and you have an option to build towards becoming a key employee in the organisation, vastly improving your CV and also your leadership skillset. If you are the kind of person who does not shy away from learning and adapting your experience at Ergo will be good I promise but will it be the shoe that finally fits? I don’t know personally in hindsight I would say such a organisation does not exist. If you are the kind of person who sees life as okay I want an all rounded good life good pay, safe job, chill friendly corporate life then this organisation is paradise im not kidding.

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  • Salary - Excellent
  • +4 more

Dislikes

There will be a bunch of training activities to keep you busy and engaged but its a bunch of nonsense, barely any useful knowledge that can be applied.

read more
  • Skill development - Bad

Full Time

 · 

Consulting Department

1.0
  •  posted on 26 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing is there to say Ergo Technology

Dislikes

...ed on, lot of work experience people's stuck by joining this worst organisation. I will recommend experience folks don't look at salary but think about the technology which u have worked on because here there is no productive work .

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  • Salary - Bad
  • +6 more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 23 Nov 2024

3.0
 for  Salary and Benefits

Likes

Appraisals are good. Even during the time of joining they give a pretty hefty package.

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  • Promotions - Good

Dislikes

1. This company is good for people who live in nearby location. For people who live far away from the office location they’ll find that they are stuck in a constant cycle of hectic living. 2. People working over here should be extra careful about their health because if something happens to you, you’ll have to use up the leaves with no guarantee of wfh. So you cant afford to fall ill or injure yourself during your tenure in this workplace. 3. Discrimination at its best. If you are close to your manager, discussing unwanted personal details among yourselves then they’ll favour all your unprofessional behaviours. 4. They do everything to make you feel that the management is friendly but being actually employee friendly 5. Half of the office doesn’t even have proper fulfilling tasks or work to do that can help them grow in their role

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  • Skill development - Bad
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 16 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary on time

  • Salary - Excellent
  • +1 more

Dislikes

"It's disheartening that only favorite employees receive appraisals, regardless of their performance, while others are undervalued. We are often told that we lack skills, only to be assigned extra tasks and subjected to additional few days sessions, seemingly just to prove that we are incompetent."

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  • Skill development - Poor
  • +3 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 27 Apr 2023

4.0
 for  Salary and Benefits

Likes

Salary is good

  • Salary - Good
  • +2 more

Dislikes

They are on a hiring spree. Even though they don’t have many projects, they’ll hire you and ask you to sit and wait for months. If still they don’t receive any projects they’ll force you to change your domain

read more
  • Skill development - Poor
  • +2 more
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ERGO Technology & Services Business Analyst Salary FAQs

What is the salary of Business Analyst at ERGO Technology & Services in Mumbai?
The average salary of a Business Analyst at ERGO Technology & Services in Mumbai typically ranges from ₹6.0 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Business Analyst in Mumbai at ERGO Technology & Services earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Business Analyst Salaries at ERGO Technology & Services 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+ ERGO Technology & Services employees in India.
What is the estimated take home salary of a Business Analyst at ERGO Technology & Services in Mumbai?
The estimated take-home salary of a Business Analyst at ERGO Technology & Services in Mumbai typically ranges from ₹80,438 to ₹82,533 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 ERGO Technology & Services. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Analyst at ERGO Technology & Services in Mumbai?
To be a Business Analyst at ERGO Technology & Services in Mumbai, the key skills required include:

  • - IT Business Analysis
  • - Insurance
  • - Cobit
  • - Front Office Management
  • - Data Modeling

These skills are highly valued at ERGO Technology & Services and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ERGO Technology & Services for Business Analyst in India?
Globant ₹15.5 Lakhs to ₹22.5 Lakhs per year
Ingram Micro ₹9.8 Lakhs to ₹19.3 Lakhs per year
HTC Global Services ₹8.8 Lakhs to ₹13.5 Lakhs per year
Expleo Solutions ₹9.4 Lakhs to ₹12.5 Lakhs per year
Allianz Technology ₹6.0 Lakhs to ₹12.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ERGO Technology & Services, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to ERGO Technology & Services in Mumbai?
The salary of a Business Analyst at companies similar to ERGO Technology & Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Expleo Group ₹7.0 Lakhs to ₹15.2 Lakhs per year
Nityo Infotech ₹4.8 Lakhs to ₹15.8 Lakhs per year
Wipro Digital ₹5.2 Lakhs to ₹12.9 Lakhs per year
Diebold Nixdorf ₹8.0 Lakhs to ₹10.0 Lakhs per year
HERE Technologies ₹2.9 Lakhs to ₹9.3 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 Business Analyst at ERGO Technology & Services in Mumbai?
The salary growth for a Business Analyst at ERGO Technology & Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Mumbai can expect the following growth trajectory at ERGO Technology & Services:

Experience Average Salary Range
2 years ₹6.0 Lakhs to ₹8.0 Lakhs per year
3 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
4 years ₹8.6 Lakhs to ₹11.0 Lakhs per year
5 years ₹4.3 Lakhs to ₹13.0 Lakhs per year
and so on.

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ERGO Technology & Services Business Analyst salary in Mumbai ranges between ₹6 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 ERGO Technology & Services latest salaries received from various employees of ERGO Technology & Services.