Finastra Payroll Analyst Salaries by 4 Employees (Updated 2025)

7 - 11 years exp.

₹8.6 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

82% more than the average Payroll Analyst Salary in Software Product Companies for 7 - 11 years of experience

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Salaries in different departments

Human Resources Payroll Analyst Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹8.8 L/yr
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Finance & Accounting Payroll Analyst Salary 11 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 14 Jan 2025

Companies similar to Finastra for Payroll Analyst

Company name	Avg Annual Salary	Open Jobs
FIS Payroll Analyst Salary 9 - 14 years exp. (6 salaries)	₹7.2 L/yr - ₹9.9 L/yr 7% less
TCS Payroll Analyst Salary 2 - 8 years exp. (32 salaries)	₹2.1 L/yr - ₹7.8 L/yr 53% less
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Infosys Payroll Analyst Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3.1 L/yr 71% less
Mphasis Payroll Analyst Salary 6 - 15 years exp. (3 salaries)	₹3.8 L/yr - ₹6.8 L/yr 45% less
Tech Mahindra Payroll Analyst Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹3.6 L/yr 67% less
VMware Software Payroll Analyst Salary 0 - 12 years exp. (14 salaries)	₹5 L/yr - ₹10.5 L/yr 15% less
UKG Payroll Analyst Salary 6 - 8 years exp. (5 salaries)	₹6.5 L/yr - ₹10 L/yr 10% less
Oracle Cerner Payroll Analyst Salary 2 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹8.6 L/yr 32% less

Payroll Analyst salary at Finastra ranges between ₹8.6 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Finastra.

Experience wise Finastra Payroll Analyst salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr

Similar Designation salaries in Finastra

Payroll Specialist Salary

(3 salaries)

₹10 L/yr - ₹14 L/yr

Senior Analyst Salary

(26 salaries)

₹6 L/yr - ₹14 L/yr

Payroll Officer Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Senior Payroll Analyst Salary

(5 salaries)

₹8.3 L/yr - ₹14 L/yr

Analyst Salary

(8 salaries)

₹4 L/yr - ₹11.39 L/yr

Accountant Salary

(3 salaries)

₹2 L/yr - ₹9 L/yr

Team Lead Salary

(11 salaries)

₹9.4 L/yr - ₹20 L/yr

Senior Payroll Specialist Salary

(4 salaries)

₹7.7 L/yr - ₹14.5 L/yr

Senior Associate Salary

(5 salaries)

₹6.5 L/yr - ₹11.95 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Top skills at Finastra for Payroll Analyst

Payroll Recruitment Payroll Processing Cash Flow Management Reporting Excel Journal entries Monitoring Cost Optimization MIN Forecasting Auditing Accounting HR Processes Customer Service

Salary related reviews for Finastra

Senior Business Analyst And Product Owner in Bangalore / Bengaluru

Full Time

Product Management Department

3.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

The company is ok in terms of work life balance

Company culture - Good

+1 more

Dislikes

... documentation of the things which makes it tougher to learn for the new joinee. 4) very bad salary hikes 5) silent firing of the employees which don't make any headlines

Salary - Poor

+3 more

Software Engineer in Thiruvananthapuram

Full Time

Engineering - Software & QA Department

4.0

• posted on 12 Jul 2024

4.0

for Salary and Benefits

Likes

Salary will be a good one , able to enhance tech skills, learn new tech. They are using recent new technologies only

Salary - Good

+4 more

Dislikes

Job security is very less. Few people (not one or two ) people affected lay off . For freshers it wont be there. But for seniors (not by overall exp, seniors based on exp in finastra) job security is very less. Some will get a notice period of 1 month . They will give a good amount for these lay off people based on the experience . They are doing this layoff for cost cutting. I joined there by seeing ambition box review and hr's sugar coating words about job security. So guys if you want a secured job dont come here. If u want only 1-2 years of experience in Finastra for gaining knowledge about recent tech u can.

Job security - Bad

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 20 May 2024

4.0

for Salary and Benefits

Likes

The company culture is very good, working at Finastra is really good, work life balance is the biggest plus point here. Also, company offers Hybrid work from office, 2 days a week.

Salary - Good

+3 more

Dislikes

Food is too much costly, you need to wait more for promotions, salary also needs to raise.

Expert Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 15 Mar 2022

1.0

for Salary and Benefits

Likes

Most of the people come with enthusiasm to start working with Finastra and end up loosing their work life balance and satisfaction. They have a lot of glitches in their system and fixing them takes a lot time which the managers don’t give making the employees life hell

Job security - Good

Dislikes

...ues, and innumerable follow up. They give opportunities only to their favorites. They always ask to work on weekends without compensation or allowances

Salary - Bad

+5 more

Expert Software Engineer in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 12 Sep 2022

3.0

for Salary and Benefits

Likes

Only the offered package at the time of joining is good and if you are lucky you would get good bonus as well

Dislikes

Company culture is worst, there are many senior developers who don’t have much skills and they are unworthy to outside markets are getting promoted and getting good hikes only because they are good at buttering and politics Skilled and talented people leave Finsatra within two years due to pathetic work culture and bad politics

Skill development - Poor

+5 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Finastra Payroll Analyst Salary FAQs

What is the salary of Payroll Analyst at Finastra?

Payroll Analyst salary at Finastra in India ranges between ₹8.6 Lakhs to ₹11.0 Lakhs for experience between 7 years to 11 years. According to our estimates it is 82% more than the average Payroll Analyst Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Finastra India.

How does the salary of a Payroll Analyst at Finastra India compare with the average salary range for this job?

The average salary of a Payroll Analyst at Finastra is 82% more than the average salary of a Payroll Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Payroll Analyst at Finastra?

Payroll, Recruitment, Payroll Processing, Cash Flow and Management Reporting are some of the popular skills required to work as a Payroll Analyst at Finastra India.

What is the salary of a Payroll Analyst in companies similar to Finastra in India?

FIS Payroll Analyst Salary - ₹7.2 Lakhs to ₹9.9 Lakhs per year
UKG Payroll Analyst Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
VMware Software Payroll Analyst Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
Oracle Cerner Payroll Analyst Salary - ₹5.4 Lakhs to ₹8.6 Lakhs per year
Mphasis Payroll Analyst Salary - ₹3.8 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a Payroll Analyst at Finastra in India?

The estimated take-home salary of a Payroll Analyst at Finastra ranges between ₹69,546 per month to ₹71,333 per month in India. The take-home salary calculation is based on the average Finastra Payroll Analyst salary in India which ranges between ₹8.6 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Payroll Analyst at Finastra?

According to AmbitionBox, 100% of the Finastra Payroll Analysts reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Finastra Payroll Analyst Salaries

Finastra Payroll Analyst salary in India ranges between ₹8.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Finastra latest salaries received from various employees of Finastra.