HDFC Ergo General Insurance Retail Manager Salaries by 2 Employees

4 - 7 years exp.

₹3.4 Lakhs - ₹4.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

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Last Updated: 21 Jun 2024

Companies similar to HDFC Ergo General Insurance for Retail Manager

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Bajaj Allianz Life Insurance Retail Manager Salary 0 - 3 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 6% less
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Retail Manager salary at HDFC Ergo General Insurance ranges between ₹3.4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of HDFC Ergo General Insurance.

Similar Designation salaries in HDFC Ergo General Insurance

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Salary related reviews for HDFC Ergo General Insurance

Operations Manager in Noida

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

Salaries are on time

Dislikes

They need low package employees No scope of growth They don't know how to utilise the employees skills and what ever the skills you have learnt in past every thing will vanished due to non utilisation. If you have good reference you will get good post and salaries The new CEO is very poor in cost optimization Very soon this hdfc ergo will be in loss. There compititior will grow by taking some advantages. There policies are not employee and customer friendly

Skill development - Bad

+4 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 Nov 2024

3.0

for Salary and Benefits

Likes

Employee can manage his/her work life balance at this organization.

Job security - Excellent

+2 more

Dislikes

...the cost cutting which effects Employee's conveyance, variable, appraisals etc.. This means Ergo has to improve the adequate pay scale as per Employee's skills and performance.

Skill development - Poor

+1 more

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Nov 2022

1.0

for Salary and Benefits

Likes

Claims

Dislikes

...what to do and how.. just business without planning. Lack of vision n mission. Comparatively Very low salary and incentives . Software n system upto 1980s. Focus on employee tracking instead of supporting.

Salary - Bad

+6 more

Sales Executive in Noida

Full Time

Other Department

5.0

• posted on 14 Jul 2020

5.0

for Salary and Benefits

Likes

Manager are more cooperative , i am happy with management and also they will give salary on time in this pandemic situation.

Salary - Excellent

+6 more

Dislikes

Everything is fine but i am not happy with my salary. Salary is too low as compared my work. I am too dedicated to my work .

Sales Officer in Noida

Customer Success, Service & Operations Department

5.0

• posted on 10 Jun 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Ergo General Insurance Retail Manager Salary FAQs

How the salary growth look like for a Retail Manager at HDFC Ergo General Insurance in India?

The salary growth for a Retail Manager at HDFC Ergo General Insurance depends on factors such as experience, performance, and promotions. On average, a Retail Manager can expect the following growth trajectory at HDFC Ergo General Insurance:

Experience	Average Salary Range
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
7 years	₹4.2 Lakhs to ₹5.3 Lakhs per year

and so on.

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HDFC Ergo General Insurance Retail Manager Salaries

HDFC Ergo General Insurance Retail Manager salary in India ranges between ₹3.4 Lakhs to ₹4.3 Lakhs. This is an estimate based on latest salaries received from employees of HDFC Ergo General Insurance.