Finastra Payroll Analyst Salaries by 4 Employees (Updated 2025)

7 - 11 years exp.

₹8.6 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

81% more than the average Payroll Analyst Salary in Software Product Companies for 7 - 11 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources Payroll Analyst Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹8.8 L/yr
Login to view exact salary
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
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. (6 salaries)	₹6.5 L/yr - ₹10 L/yr 10% less	1 job opening
Login to view exact salary
Oracle Cerner Payroll Analyst Salary 2 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹8.6 L/yr 32% less
Teradata Payroll Analyst Salary 6 - 13 years exp. (3 salaries)	₹6.1 L/yr - ₹19.2 L/yr 39% more
Automatic Data Processing (ADP) Payroll Analyst Salary 1 - 11 years exp. (354 salaries)	₹3 L/yr - ₹10.3 L/yr 26% 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)	₹3.4 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹16.2 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.3 L/yr
11 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr

Similar Designation salaries in Finastra

Payroll Specialist Salary

(3 salaries)

₹10 L/yr - ₹14 L/yr

Senior Analyst Salary

(27 salaries)

₹6 L/yr - ₹21 L/yr

Payroll Officer Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Payroll Associate Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Senior Payroll Analyst Salary

(6 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

(6 salaries)

₹10 L/yr - ₹17.95 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

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 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.

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Finastra?

Ask anonymously on communities.

Finastra Payroll Analyst Salary FAQs

What is the salary of Payroll Analyst at Finastra ?

The average salary of a Payroll Analyst at Finastra in India typically ranges from ₹8.6 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Payroll Analyst at Finastra earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Payroll Analyst Salaries at Finastra 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 Finastra employees in India.

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 in India typically ranges from ₹69,756 to ₹71,549 per month. This is based on the average salary range of ₹8.6 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 Finastra. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Payroll Analyst at Finastra ?

To be a Payroll Analyst at Finastra in india, the key skills required include:

- Payroll
- Recruitment
- Payroll Processing
- Cash Flow
- Management Reporting

These skills are highly valued at Finastra and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Finastra for Payroll Analyst in India?

Teradata

₹6.1 Lakhs to ₹19.2 Lakhs per year

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

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

The salary of a Payroll Analyst at companies similar to Finastra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UKG	₹6.5 Lakhs to ₹10.0 Lakhs per year
VMware Software	₹5.0 Lakhs to ₹10.5 Lakhs per year
Automatic Data Processing (ADP)	₹3.0 Lakhs to ₹10.3 Lakhs per year
Oracle Cerner	₹5.4 Lakhs to ₹8.6 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 Payroll Analyst at Finastra in India?

The salary growth for a Payroll Analyst at Finastra depends on factors such as experience, performance, and promotions. On average, a Payroll Analyst can expect the following growth trajectory at Finastra:

Experience	Average Salary Range
7 years	₹3.4 Lakhs to ₹8.8 Lakhs per year
8 years	₹8.6 Lakhs to ₹16.2 Lakhs per year
9 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
10 years	₹10.0 Lakhs to ₹18.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Finastra Salaries >
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.