HDFC Life Mumbai Chief Human Resource Manager Salaries by 6 Employees

10 - 15 years exp.

₹21.5 Lakhs - ₹27.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Chief Human Resource Manager Salary in Insurance Companies for 10 - 15 years of experience

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Last Updated: 28 Dec 2024

Companies similar to HDFC Life for Chief Human Resource Manager in Mumbai

HDFC Life Chief Human Resource Manager Salary

10 - 15 years exp. (6 salaries)

₹21.5 L/yr - ₹27.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Human Resource Manager Salary 3 - 13 years exp. (7 salaries)	₹9.2 L/yr - ₹22 L/yr 39% less
Reliance Nippon Life Insurance Chief Human Resource Manager Salary 8 - 17 years exp. (3 salaries)	₹13.2 L/yr - ₹18.7 L/yr 33% less
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Kotak Mahindra Bank Chief Human Resource Manager Salary 6 - 13 years exp. (7 salaries)	₹13 L/yr - ₹20 L/yr 36% less
ICICI Bank Chief Human Resource Manager Salary 5 - 9 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 2% less
Reliance Retail Chief Human Resource Manager Salary 11 - 15 years exp. (6 salaries)	₹17.4 L/yr - ₹24.5 L/yr 13% less

Chief Human Resource Manager salary at HDFC Life ranges between ₹21.5 Lakhs to ₹27.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Life.

Experience wise HDFC Life Chief Human Resource Manager salaries in Mumbai

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹28.3 L/yr
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹28.1 L/yr
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12 years (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.9 L/yr
13 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
14 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.4 L/yr
15+ years (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.6 L/yr

View all

Similar Designation salaries in HDFC Life

Deputy Manager Salary

(435 salaries)

₹3.5 L/yr - ₹14.4 L/yr

General Manager Salary

(6 salaries)

₹20 L/yr - ₹26 L/yr

Deputy General Manager Salary

(5 salaries)

₹10 L/yr - ₹25 L/yr

Salary related reviews for HDFC Life

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

Flexibility of work from home.

Job security - Good

Dislikes

...nt is not supportive and the way they communicate with lower levels is terrible. Salary structure is horrible and shift hours are expected for 12 to 14 hrs a day

Salary - Bad

+5 more

Deputy General Manager in Bangalore / Bengaluru

IT & Information Security Department

4.0

• posted on 23 May 2022

3.0

for Salary and Benefits

Likes

Very slow growth in career progression and company doesn't spent money and time for people skill development.

Work-life balance - Good

Dislikes

Perfect work life balance, but learning curve and salary growth is very below compare to competition.

Deputy Manager in Lower Parel, Mumbai

Full Time

Information Technology Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Too much pressure, however bigger companies have huge responsibility and always be at top to maintain the market standards and rank

Skill development - Excellent

+1 more

Dislikes

No promotion even after getting good appraisals. Salary can be improvised

Promotions - Poor

+1 more

Deputy Manager in Bangalore / Bengaluru

Non sales Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

I have lucky enough to have good bosses for having a good work life balance, with 4yrs old kid, this is main thing which is helping me move on being a non sales staff

Work satisfaction - Excellent

+1 more

Dislikes

Still people resign because of bosses at sales team majorly not because of company or salary,

Skill development - Bad

+2 more

Sales Manager in Cuttack

Full Time

CSR & Social Service Department

4.0

• posted on 23 Mar 2025

2.0

for Salary and Benefits

Likes

The company has lots of data, They r learning you in first stage and after that they r find a way to indicate you wrongly.

Job security - Good

Dislikes

Less salary, no support from trainer, biggest layers, no leaves, no support from L1 and above, no motivation only needed business, so if u r afresher think twice before joining.

Salary - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Life Chief Human Resource Manager Salary FAQs

What is the salary of Chief Human Resource Manager at HDFC Life in Mumbai?

The average salary of a Chief Human Resource Manager at HDFC Life in Mumbai typically ranges from ₹21.5 Lakhs to ₹27.5 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Chief Human Resource Manager in Mumbai at HDFC Life earn more than ₹27.5 Lakhs per year, and the top 1% earn over ₹27.5 Lakhs per year. Chief Human Resource Manager Salaries at HDFC Life 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 HDFC Life employees in India.

What is the estimated take home salary of a Chief Human Resource Manager at HDFC Life in Mumbai?

The estimated take-home salary of a Chief Human Resource Manager at HDFC Life in Mumbai typically ranges from ₹1,51,860 to ₹1,57,591 per month. This is based on the average salary range of ₹21.5 Lakhs to ₹27.5 Lakhs per year for employees with experience ranging from 10 years to 15 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 HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Chief Human Resource Manager in companies similar to HDFC Life in Mumbai?

The salary of a Chief Human Resource Manager at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹19.0 Lakhs to ₹28.0 Lakhs per year
Reliance Retail	₹17.4 Lakhs to ₹24.5 Lakhs per year
Reliance Nippon Life Insurance	₹13.2 Lakhs to ₹18.7 Lakhs per year
Kotak Mahindra Bank	₹13.0 Lakhs to ₹20.0 Lakhs per year
ICICI Lombard General Insurance Company	₹9.2 Lakhs to ₹22.0 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 Chief Human Resource Manager at HDFC Life in Mumbai?

The salary growth for a Chief Human Resource Manager at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a Chief Human Resource Manager in Mumbai can expect the following growth trajectory at HDFC Life:

Experience	Average Salary Range
10 years	₹22.1 Lakhs to ₹28.3 Lakhs per year
11 years	₹22.0 Lakhs to ₹28.1 Lakhs per year
12 years	₹21.8 Lakhs to ₹27.9 Lakhs per year
13 years	₹21.6 Lakhs to ₹27.6 Lakhs per year

and so on.

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HDFC Life Chief Human Resource Manager Salaries in Mumbai

HDFC Life Chief Human Resource Manager salary in Mumbai ranges between ₹21.5 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDFC Life latest salaries received from various employees of HDFC Life.