Fusion Microfinance HR Manager Salaries by 6 Employees

8 - 14 years exp.

₹7.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

26% less than the average HR Manager Salary in NBFC Companies for 8 - 14 years of experience

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Last Updated: 14 Jul 2023

Companies similar to Fusion Microfinance for HR Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank HR Manager Salary 5 - 16 years exp. (8 salaries)	₹7.9 L/yr - ₹15 L/yr 18% more
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L&T Finance HR Manager Salary 5 - 13 years exp. (57 salaries)	₹7 L/yr - ₹15 L/yr 29% more
Mahindra Finance HR Manager Salary 2 - 15 years exp. (47 salaries)	₹7 L/yr - ₹20 L/yr 47% more
Bajaj Finance HR Manager Salary 2 - 6 years exp. (34 salaries)	₹6.1 L/yr - ₹15.5 L/yr 27% more	17 job openings
SMFG India Credit HR Manager Salary 6 - 13 years exp. (32 salaries)	₹6 L/yr - ₹14.1 L/yr 21% more
Aavas Financiers HR Manager Salary 3 - 11 years exp. (25 salaries)	₹4.5 L/yr - ₹9.1 L/yr 21% less
Piramal Capital Housing Finance HR Manager Salary 4 - 18 years exp. (16 salaries)	₹8.9 L/yr - ₹16 L/yr 44% more
SK Finance Limited HR Manager Salary 5 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹9 L/yr 28% less
Aye Finance HR Manager Salary 1 - 11 years exp. (12 salaries)	₹6 L/yr - ₹11 L/yr 4% more
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HR Manager salary at Fusion Microfinance ranges between ₹7.5 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance HR Manager salaries

Last Updated: 14 Jul 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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10 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.9 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.9 L/yr
14 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.4 L/yr

View all

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HR Executive Recruiter Salary

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Top skills at Fusion Microfinance for HR Manager

Employee Engagement Employee Welfare HR Human Resource Management Employee Relations Bulk Hiring Volume Hiring Mass Hiring Grievance Handling

Salary related reviews for Fusion Microfinance

2.0

Rated by 3 employees for salary & benefits

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 30 Sep 2024

5.0

for Salary and Benefits

Likes

I like about working at Fusion Microfinance Ltd. Because there is a good behave of all senior person and salary , Incentive and fuels amount also released on time and all extra benefits also given to the employees and extraordinary benefits to the public also given by the organisation at CSR activities on time to time

Salary - Excellent

+6 more

Dislikes

Micro Finance Officer in Binjharpur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 May 2023

4.0

for Salary and Benefits

Likes

I like to working at Fusion Microfinance that's the caulture, system and senior support.

Salary - Good

+3 more

Dislikes

...liday,so I am dislikes working at fusion microfinance.l am working in company 5.7years but my net salary is 16800,so I am dislike the system.

Audit Officer in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 09 Aug 2023

4.0

for Salary and Benefits

Likes

Payment is done on timely.

Salary - Good

Dislikes

Reporting Manger treats like he is chairman of company, Any mistake had been done then they cut salary or Reimbursement and not cooperative nature to junior employee. Always force to work more than HR policy.

Skill development - Bad

+3 more

Internal Auditor in Kharsia

Full Time

Sales & Business Development Department

4.0

• posted on 14 Nov 2022

3.0

for Salary and Benefits

Likes

Woking culture is good as well as timely salary given to employees and apart from this timely appraisal and promotion and lots of excel work u need to do here which is actually a skill developing thing and lastly i would say fusion is completely like a family environment company where everyone from upper to lower in touch with each other, very much supportive environment.

Skill development - Excellent

+4 more

Dislikes

Salary is not good according to positions specially other than operation department.

Credit Analyst in Varanasi

Full Time

Regional Office Department

3.0

• posted on 28 Jul 2023

2.0

for Salary and Benefits

Likes

...timing is not fixed they often make me work for minimum 12 hours per day & work force is higher than the salary paid

Dislikes

Full work system is bad like work force .timing. salary paid .work pressure if you are not achieving their target than they will threaten you again that you will be fired

Salary - Poor

+6 more

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Fusion Microfinance HR Manager Salary FAQs

What is the salary of HR Manager at Fusion Microfinance ?

The average salary of a HR Manager at Fusion Microfinance in India typically ranges from ₹7.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of HR Manager at Fusion Microfinance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. HR Manager Salaries at Fusion Microfinance 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 6 Fusion Microfinance employees in India.

What is the estimated take home salary of a HR Manager at Fusion Microfinance in India?

The estimated take-home salary of a HR Manager at Fusion Microfinance in India typically ranges from ₹60,748 to ₹62,286 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 6 salaries received from various employees of Fusion Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Manager at Fusion Microfinance ?

To be a HR Manager at Fusion Microfinance in india, the key skills required include:

- Employee Engagement
- Employee Welfare
- HR
- Human Resource Management
- Employee Relations

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

Which companies offer higher salaries than Fusion Microfinance for HR Manager in India?

Mahindra Finance	₹7.0 Lakhs to ₹20.0 Lakhs per year
Piramal Capital Housing Finance	₹8.9 Lakhs to ₹16.0 Lakhs per year
Tata Capital	₹7.2 Lakhs to ₹16.7 Lakhs per year
L&T Finance	₹7.0 Lakhs to ₹15.0 Lakhs per year
TVS Credit	₹8.2 Lakhs to ₹15.0 Lakhs per year

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

What is the salary of a HR Manager in companies similar to Fusion Microfinance in India?

The salary of a HR Manager at companies similar to Fusion Microfinance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance	₹6.1 Lakhs to ₹15.5 Lakhs per year
Tata Motors Finance	₹6.0 Lakhs to ₹12.5 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹14.1 Lakhs per year
Ujjivan Small Finance Bank	₹7.9 Lakhs to ₹15.0 Lakhs per year
IIFL Finance	₹6.0 Lakhs to ₹12.0 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 HR Manager at Fusion Microfinance in India?

The salary growth for a HR Manager at Fusion Microfinance depends on factors such as experience, performance, and promotions. On average, a HR Manager can expect the following growth trajectory at Fusion Microfinance:

Experience	Average Salary Range
8 years	₹3.3 Lakhs to ₹8.5 Lakhs per year
9 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
10 years	₹8.0 Lakhs to ₹14.9 Lakhs per year
11 years	₹3.3 Lakhs to ₹10.0 Lakhs per year

and so on.

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Fusion Microfinance HR Manager Salaries

Fusion Microfinance HR Manager salary in India ranges between ₹7.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.