greytHR Payroll Executive Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹4 Lakhs - ₹5 Lakhs

Salary of majority employees

38% more than the average Payroll Executive Salary in Software Product Companies for 2 - 6 years of experience

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Last Updated: 22 Feb 2025

Companies similar to greytHR for Payroll Executive

Company name	Avg Annual Salary	Open Jobs
Ascent HR Technologies Private Limited Payroll Executive Salary 0 - 3 years exp. (189 salaries)	₹1.9 L/yr - ₹6 L/yr 32% less
Team Lease Payroll Executive Salary 0 - 5 years exp. (125 salaries)	₹1.8 L/yr - ₹5.1 L/yr 23% less
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PaySquare Consultancy Payroll Executive Salary 1 - 6 years exp. (120 salaries)	₹1.2 L/yr - ₹4.8 L/yr 38% less
Automatic Data Processing (ADP) Payroll Executive Salary 1 - 7 years exp. (113 salaries)	₹2.5 L/yr - ₹8 L/yr 11% more
Mynd Solutions Private Payroll Executive Salary 1 - 5 years exp. (106 salaries)	₹1.7 L/yr - ₹6 L/yr 22% less

Payroll Executive salary at greytHR ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of greytHR.

Experience wise greytHR Payroll Executive salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹5 L/yr

Similar Designation salaries in greytHR

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Finance Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Payroll Specialist Salary

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₹2.5 L/yr - ₹6 L/yr

Senior Payroll Executive Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Payroll Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Senior Payroll Specialist Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Accountant Salary

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₹6.6 L/yr - ₹8.4 L/yr

Analyst Salary

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₹7.2 L/yr - ₹9.2 L/yr

Team Lead Salary

(7 salaries)

₹4.5 L/yr - ₹12.5 L/yr

Top skills at greytHR for Payroll Executive

Payroll Processing Statutory Compliance Salary Processing Gratuity Payroll Software Software Solutions Payroll Taxation salary processing PF Statutory Compliance Welfare Payroll Processing Income Tax Payroll Software

Salary related reviews for greytHR

Program Manager in Noida

Full Time

Marketing & Communication Department

3.0

• posted on 22 Nov 2023

3.0

for Salary and Benefits

Likes

Right expectations setting, timely salary, good senior level leaders, work life balance

Skill development - Good

+2 more

Dislikes

Mid management Work allotment during the last hour of shift and expecting to complete it right away. Delays in project's

Associate Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 28 Mar 2023

4.0

for Salary and Benefits

Likes

HR policy Easy to approach senior management Work from home friendly Lots of learning opportunities

Salary - Good

+6 more

Dislikes

Sometimes work gets monotonous Management can introduce perks like yearly bonus or incentive policy which will boost the employees to go extra mile

Payroll Support Engineer (working remotely)

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Jan 2025

1.0

for Salary and Benefits

Likes

Worst experience

Dislikes

... he use this phrase ,every one hour he use to tell this sentence to entire team.Very irritating,As if he is paying salary from his pocket.He never respect women and girls.Working at grey tip became like a trauma,became like painful Memory..after that I decided not to work in any organization cos it become trauma.Then I thought to start business.But I never speak rudely with my workers.Thank you universe ,because of managers I cannot blame entire company...Grey tip company is good.CEO of the company is very nice person.

Salary - Bad

+6 more

QA Engineer in Bangalore / Bengaluru

Engineering - Software & QA Department

1.0

• posted on 22 Aug 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...ffair with his own subordinate that he does not have time to listen your appeal. They deduct your salary for nothing and then give lame reasons. The list is too long If you like flattery please do join the company you will get god hike but will have to do little of slavery apart from your work.

Salary - Bad

+6 more

Regional Sales Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 27 May 2024

1.0

for Salary and Benefits

Likes

Nothing to like . Worst culture for Employees. The whole company is hijacked by 1-2 guys. Founder don't know what's happening inside the organization. They can fire any one anytime without notice . Your login will be freezed with immediate effect. Dirty politics. If anyone wants to ruined his career then join this company otherwise stay away with toxic culture . Choice is yours

Dislikes

Toxic culture. No support From Management and HR department.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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greytHR Payroll Executive Salary FAQs

What is the salary of Payroll Executive at greytHR ?

The average salary of a Payroll Executive at greytHR in India typically ranges from ₹4.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Payroll Executive at greytHR earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Payroll Executive Salaries at greytHR 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 greytHR employees in India.

What is the estimated take home salary of a Payroll Executive at greytHR in India?

The estimated take-home salary of a Payroll Executive at greytHR in India typically ranges from ₹35,234 to ₹36,470 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 greytHR. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Payroll Executive at greytHR ?

To be a Payroll Executive at greytHR in india, the key skills required include:

- Payroll Processing
- Statutory Compliance
- Salary Processing
- Gratuity
- Payroll Software

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

Which companies offer higher salaries than greytHR for Payroll Executive in India?

Automatic Data Processing (ADP)

₹2.5 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Payroll Executive in companies similar to greytHR in India?

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

Mynd Solutions Private	₹1.7 Lakhs to ₹6.0 Lakhs per year
Team Lease	₹1.8 Lakhs to ₹5.1 Lakhs per year
Ascent HR Technologies Private Limited	₹1.9 Lakhs to ₹6.0 Lakhs per year
PaySquare Consultancy	₹1.2 Lakhs to ₹4.8 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 Executive at greytHR in India?

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

Experience	Average Salary Range
2 years	₹4.0 Lakhs to ₹7.7 Lakhs per year
3 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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greytHR Payroll Executive Salaries

greytHR Payroll Executive salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 greytHR latest salaries received from various employees of greytHR.