Fusion Microfinance Senior Manager-HR Salaries by 5 Employees

10 - 13 years exp.

₹8.8 Lakhs - ₹10.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

47% less than the average Senior Manager-HR Salary in NBFC Companies for 10 - 13 years of experience

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Last Updated: 23 Nov 2023

Companies similar to Fusion Microfinance for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager-HR Salary 1 - 12 years exp. (22 salaries)	₹9.8 L/yr - ₹15.3 L/yr 21% more
SMFG India Credit Senior Manager-HR Salary 9 - 15 years exp. (15 salaries)	₹10.4 L/yr - ₹18.6 L/yr 44% more
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TVS Credit Senior Manager-HR Salary 8 - 19 years exp. (11 salaries)	₹11 L/yr - ₹21.1 L/yr 38% more
Bajaj Finance Senior Manager-HR Salary 9 - 25 years exp. (11 salaries)	₹20 L/yr - ₹42.6 L/yr 208% more
Muthoot Microfin Senior Manager-HR Salary 6 - 15 years exp. (8 salaries)	₹8.1 L/yr - ₹11.8 L/yr 4% more
Tata Capital Senior Manager-HR Salary 11 - 14 years exp. (7 salaries)	₹12.9 L/yr - ₹15.2 L/yr 34% more
Annapurna Finance Senior Manager-HR Salary 3 - 7 years exp. (7 salaries)	₹9.2 L/yr - ₹11.1 L/yr 3% less
Muthoot Fincorp Senior Manager-HR Salary 12 - 18 years exp. (6 salaries)	₹8.5 L/yr - ₹19.2 L/yr 34% more
Aavas Financiers Senior Manager-HR Salary 9 - 12 years exp. (6 salaries)	₹8.5 L/yr - ₹15.5 L/yr 19% more
IIFL Finance Senior Manager-HR Salary 9 - 13 years exp. (5 salaries)	₹12 L/yr - ₹15.5 L/yr 32% more
Asirvad Microfinance Senior Manager-HR Salary 8 - 14 years exp. (5 salaries)	₹5.2 L/yr - ₹9 L/yr 28% less
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Chaitanya India Fin Credit Senior Manager-HR Salary 8 - 18 years exp. (5 salaries)	₹7.2 L/yr - ₹17.5 L/yr 12% more
Shriram Finance Senior Manager-HR Salary 9 - 20 years exp. (5 salaries)	₹5 L/yr - ₹10.5 L/yr 26% less
Satin Creditcare Network Senior Manager-HR Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr At par
Bharat Financial Inclusion Senior Manager-HR Salary 9 - 15 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 39% more
HDB Financial Services Senior Manager-HR Salary 14 - 16 years exp. (4 salaries)	₹15 L/yr - ₹26 L/yr 102% more
Mahindra Finance Senior Manager-HR Salary 4 - 12 years exp. (3 salaries)	₹10.8 L/yr - ₹23 L/yr 67% more
SK Finance Limited Senior Manager-HR Salary 10 - 13 years exp. (3 salaries)	₹9 L/yr - ₹15.8 L/yr 16% more
Muthoot Finance Senior Manager-HR Salary 15 - 17 years exp. (3 salaries)	₹9.9 L/yr - ₹12.7 L/yr 10% more

Senior Manager-HR salary at Fusion Microfinance ranges between ₹8.8 Lakhs to ₹10.3 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Fusion Microfinance.

Experience wise Fusion Microfinance Senior Manager-HR salaries

Last Updated: 23 Nov 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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12 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Fusion Microfinance

Assistant Manager- HR Salary

(15 salaries)

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Administration Executive Salary

(15 salaries)

₹2.7 L/yr - ₹4 L/yr

Deputy Manager HR Salary

(15 salaries)

₹4.75 L/yr - ₹9.9 L/yr

Sr. Admin Executive Salary

(10 salaries)

₹3.5 L/yr - ₹4.98 L/yr

HR Executive Salary

(10 salaries)

₹3.3 L/yr - ₹3.95 L/yr

Senior HR Executive Salary

(9 salaries)

₹3.6 L/yr - ₹5.5 L/yr

HR Manager Salary

(6 salaries)

₹7.45 L/yr - ₹10 L/yr

Regional HR Salary

(5 salaries)

₹4.1 L/yr - ₹5 L/yr

HR Executive Recruiter Salary

(5 salaries)

₹3.75 L/yr - ₹4.43 L/yr

Manager HRD Salary

(5 salaries)

₹2.05 L/yr - ₹7.3 L/yr

Salary related reviews for Fusion Microfinance

4.0

Rated by 1 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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Fusion Microfinance Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Fusion Microfinance ?

The average salary of a Senior Manager-HR at Fusion Microfinance in India typically ranges from ₹8.8 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Senior Manager-HR at Fusion Microfinance earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Senior Manager-HR 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 5 Fusion Microfinance employees in India.

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

The estimated take-home salary of a Senior Manager-HR at Fusion Microfinance in India typically ranges from ₹72,250 to ₹74,114 per month. This is based on the average salary range of ₹8.8 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 10 years to 13 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 5 salaries received from various employees of Fusion Microfinance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Bajaj Finance	₹20.0 Lakhs to ₹42.6 Lakhs per year
HDB Financial Services	₹15.0 Lakhs to ₹26.0 Lakhs per year
Mahindra Finance	₹10.8 Lakhs to ₹23.0 Lakhs per year
SMFG India Credit	₹10.4 Lakhs to ₹18.6 Lakhs per year
Bharat Financial Inclusion	₹11.0 Lakhs to ₹16.5 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 Senior Manager-HR in companies similar to Fusion Microfinance in India?

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

TVS Credit	₹11.0 Lakhs to ₹21.1 Lakhs per year
Muthoot Fincorp	₹8.5 Lakhs to ₹19.2 Lakhs per year
Tata Capital	₹12.9 Lakhs to ₹15.2 Lakhs per year
IIFL Finance	₹12.0 Lakhs to ₹15.5 Lakhs per year
L&T Finance	₹9.8 Lakhs to ₹15.3 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 Senior Manager-HR at Fusion Microfinance in India?

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

Experience	Average Salary Range
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
13 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Fusion Microfinance Senior Manager-HR Salaries

Fusion Microfinance Senior Manager-HR salary in India ranges between ₹8.8 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Fusion Microfinance latest salaries received from various employees of Fusion Microfinance.

Fusion Microfinance Senior Manager-HR salaries in India

Companies similar to Fusion Microfinance for Senior Manager-HR

Latest annual salaries shared by Fusion Microfinance Senior Manager-HR

Experience wise Fusion Microfinance Senior Manager-HR salaries

Similar Designation salaries in Fusion Microfinance

Salary related reviews for Fusion Microfinance

Branch Manager in New Delhi

Micro Finance Officer in Binjharpur

Audit Officer in Patna

Internal Auditor in Kharsia

Credit Analyst in Varanasi

Fusion Microfinance Senior Manager-HR Salary FAQs

Tell us how to improve this page.