HDB Financial Services Employee Relations Manager Salaries by 5 Employees

6 - 12 years exp.

₹8 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Employee Relations Manager Salary in NBFC Companies for 6 - 12 years of experience

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Last Updated: 27 Nov 2023

Companies similar to HDB Financial Services for Employee Relations Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Employee Relations Manager Salary 0 - 4 years exp. (4 salaries)	₹1 L/yr - ₹2 L/yr 85% less
Arvind Group Employee Relations Manager Salary 4 - 13 years exp. (35 salaries)	₹3 L/yr - ₹9.9 L/yr 43% less
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Mahindra & Mahindra Employee Relations Manager Salary 6 - 27 years exp. (22 salaries)	₹14.4 L/yr - ₹22.5 L/yr 47% more
ICICI Bank Employee Relations Manager Salary 1 - 6 years exp. (21 salaries)	₹10 L/yr - ₹23 L/yr 20% more
Aditya Birla Group Employee Relations Manager Salary 1 - 21 years exp. (10 salaries)	₹13.5 L/yr - ₹23 L/yr 49% more

Employee Relations Manager salary at HDB Financial Services ranges between ₹8 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Employee Relations Manager salaries

Last Updated: 27 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.7 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.4 L/yr
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8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12.4 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.7 L/yr
12 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹18 L/yr

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Salary related reviews for HDB Financial Services

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

Relationship Manager in Bhubaneswar

Full Time

Finance & Accounting Department

4.0

• posted on 17 Feb 2025

4.0

for Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

Salary - Good

+6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2023

1.0

for Salary and Benefits

Likes

HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

Dislikes

Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

Salary - Bad

+5 more

Sales Executive in Patiala

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Oct 2023

2.0

for Salary and Benefits

Likes

Working with HDB financial servirces is very good. I learned so many new things in banking

Skill development - Excellent

+3 more

Dislikes

The one of the worst part is freshers salary package. Salary’s startup is very low in the industry. I requested you to please improve this

Salary - Poor

see more salary related reviews

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What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Employee Relations Manager Salary FAQs

What is the salary of Employee Relations Manager at HDB Financial Services ?

The average salary of a Employee Relations Manager at HDB Financial Services in India typically ranges from ₹8.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Employee Relations Manager at HDB Financial Services earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Employee Relations Manager Salaries at HDB Financial Services 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 HDB Financial Services employees in India.

What is the estimated take home salary of a Employee Relations Manager at HDB Financial Services in India?

The estimated take-home salary of a Employee Relations Manager at HDB Financial Services in India typically ranges from ₹82,930 to ₹85,095 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Employee Relations Manager in India?

Aditya Birla Group	₹13.5 Lakhs to ₹23.0 Lakhs per year
Mahindra & Mahindra	₹14.4 Lakhs to ₹22.5 Lakhs per year
ICICI Bank	₹10.0 Lakhs to ₹23.0 Lakhs per year

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

What is the salary of a Employee Relations Manager in companies similar to HDB Financial Services in India?

The salary of a Employee Relations Manager at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arvind Group	₹3.0 Lakhs to ₹9.9 Lakhs per year
Manappuram Finance	₹1.0 Lakhs to ₹2.0 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 Employee Relations Manager at HDB Financial Services in India?

The salary growth for a Employee Relations Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Employee Relations Manager can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
6 years	₹8.0 Lakhs to ₹18.7 Lakhs per year
7 years	₹9.0 Lakhs to ₹19.4 Lakhs per year
8 years	₹10.1 Lakhs to ₹12.9 Lakhs per year
9 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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HDB Financial Services Employee Relations Manager Salaries

HDB Financial Services Employee Relations Manager salary in India ranges between ₹8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.