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Formula Group Salaries in Chennai

based on 23 latest salaries
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Designation Avg Annual Salary Open Jobs
8 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.2 L/yr

7 - 8 years exp. · Chennai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

10 - 15 years exp. · Chennai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

11 - 14 years exp. · Chennai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr

12 - 13 years exp. · Chennai (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.8 L/yr

3 - 7 years exp. · Chennai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

10 years exp. · Chennai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

23 years exp. · Chennai (AmbitionBox Estimate)
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₹16.5 L/yr - ₹21 L/yr

8 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

12 years exp. · Chennai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

7 years exp. · Chennai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

5 - 18 years exp. · Chennai (4 salaries)
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₹3 L/yr - ₹5.5 L/yr

1 job opening

Last Updated: 4 May, 2024

Salary related reviews for Formula Group

3.9

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 10 Apr 2025

3.0
 for  Salary and Benefits

Likes

Salary is on time

Dislikes

My Honest Review – Think Twice Before Joining This Company (Fleet Department) If you're considering joining this company, especially in the Fleet Department, I would strongly advise you to reconsider. The working culture is extremely toxic and demotivating. Management Issues: The Pan India Operations Head, Mr. Himanshu Malik, lacks basic professionalism and communication skills. His way of speaking with employees is disrespectful and demoralizing. The Mumbai Manager, Mr. Wilson Pinto, behaves arrogantly, as if he owns the company. His attitude is far worse than what you'd expect even from a company owner. Constructive feedback is not welcomed here. The management seems to prefer sycophants over genuinely hardworking employees. There is no value for talent or dedication. If you're sincere and focused on delivering results, you will likely go unrecognized unless you constantly flatter the leadership. Exit Process: If you're planning to leave, the process is unnecessarily difficult. They demand a formal email even if you're available on call and cooperating. No respect is given to outgoing employees – professionalism is sorely lacking. Ground-Level Team: On a positive note, the internal ground team is supportive, cooperative, and hardworking. Unfortunately, their efforts are often overlooked due to poor management practices. Final Verdict: If you're looking for a healthy work environment, growth, and professional respect, this is not the right place. Avoid this company unless you're ready to deal with unprofessional management and an unappreciative work cultures.

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  • Skill development - Bad
  • +4 more

Customer Success, Service & Operations Department

1.0
  •  posted on 30 May 2022

1.0
 for  Salary and Benefits

Likes

You just work like slave for no appreciation or salary - what the company pays you it's better what swiggy or zomato pays to their employees. The work culture is horrible and no career growth.

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Dislikes

Management

  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Mar 2019

2.0
 for  Salary and Benefits

Likes

Supportive team members, salary date is fixed ,provide health insurance ,

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  • Skill development - Good

Dislikes

No job security, salary dedductions , no career growth , no IJP , appraisal depends upon other things not on our capability , politics ..politics ...politics ...

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  • Salary - Poor
  • +5 more

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Dec 2020

4.0
 for  Salary and Benefits

Likes

Good work environment, Teammates & management arn"t supportive. There is biggest drawbacks is that your teammates finds your mistakes like that they are going to get award for that.

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  • Salary - Good

Dislikes

There is a lot of politics and the HR team doesn't address our issue, Salary is decent but career growth is slow.

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  • Job security - Bad
  • +2 more

Full Time

 · 

Legal & Regulatory Department

2.0
  •  posted on 02 Oct 2024

2.0
 for  Salary and Benefits

Likes

Just the company name and logo.

  • Job security - Good

Dislikes

Employee benefits. They just make you work, they will never take you for outing and plus only the Manager and above level are invited for their office parties. We will do the hard work and the Manager and above level will enjoy the success parties. Keep it up FORMULA.

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  • Salary - Poor
  • +3 more
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Formula Group Salary FAQs

How much does Formula Group pay to its employees?
The average annual salary at Formula Group varies depending on the role, experience, and location. The salary ranges for some popular designations at Formula Group, are as follows:

Manager- Corporate Sales ₹5.6 Lakhs to ₹7.2 Lakhs per year
Accounts cum Admin Executive ₹3.6 Lakhs to ₹4.6 Lakhs per year
Travel Consultant ₹4.3 Lakhs to ₹5.5 Lakhs per year
Senior Travel Consultant ₹3.5 Lakhs to ₹4.5 Lakhs per year

The highest-paying role, Manager, earns between ₹6.6 Lakhs to ₹15.3 Lakhs per year. The top 10% of employees earn more than ₹9 Lakhs per year, and the top 1% earn over ₹18.4 Lakhs per year. Salaries at Formula Group 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 salary estimates are based on data from 23 salaries submitted by Formula Group employees. Formula Group is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Formula Group , Chennai is INRunlock blur . Salary estimates are based on 20+ Formula Group latest salaries received from various employees of Formula Group.

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