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HDFC Life

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HDFC Life HR Executive salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹1.5 Lakh - ₹3 Lakhs
Salary of majority employees
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30% less than the average HR Executive Salary in Insurance Companies for 1 - 4 years of experience

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Salaries in different departments

Human Resources
HR Executive Salary
1 - 2 years exp. (3 salaries)
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₹2.3 L/yr - ₹3 L/yr

BFSI, Investments & Trading
HR Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.2 L/yr

Customer Success, Service & Operations
HR Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr

Last Updated: 17 Jan 2024

Companies similar to HDFC Life for HR Executive in Mumbai

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HDFC Life HR Executive Salary

1 - 4 years exp. (5 salaries)

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₹1.5 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata AIA Life Insurance HR Executive Salary

0 - 6 years exp. (50 salaries)

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₹1.7 L/yr - ₹4.5 L/yr

arrow icon 21% more
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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 8% more
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₹1.8 L/yr - ₹3.3 L/yr

arrow icon 4% more
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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 6% more
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₹1.2 L/yr - ₹4 L/yr

arrow icon 4% less
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Axis Max Life Insurance HR Executive Salary

0 - 5 years exp. (6 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 45% more
2 job openings
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₹3 L/yr - ₹4 L/yr

arrow icon 39% more
HR Executive salary at HDFC Life ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Life.

Latest annual salaries shared by HDFC Life HR Executive in Mumbai

1y ago
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1 year exp.
1y ago
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1 year exp.

Experience wise HDFC Life HR Executive salaries in Mumbai

Last Updated: 17 Jan 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.5 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in HDFC Life

HR Manager Salary
(21 salaries)
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₹9.02 L/yr - ₹21 L/yr
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₹5.5 L/yr - ₹11 L/yr
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₹2.5 L/yr - ₹3.65 L/yr
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₹7 L/yr - ₹14.3 L/yr
HR Associate Salary
(8 salaries)
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₹1.8 L/yr - ₹2.6 L/yr
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₹9.02 L/yr - ₹24 L/yr
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₹5.3 L/yr - ₹6.75 L/yr

Salary related reviews for HDFC Life

1.7

Rated by 2 employees for salary & benefits

Full Time

 · 

Other Department

3.0
  •  posted on 07 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing great to vouch for, strong in processes only for front line people. HDFC. Salary will br creditrd on time just like other big corporates

read more

Dislikes

No work life balance and respect, tremendous pressure.. Should do work like robot. For managers rules will be bent, for front line employees they will be very rigid with rules. Double standards

read more
  • Salary - Bad
  • +2 more

Human Resources Department

3.0
  •  posted on 19 Mar 2022

1.0
 for  Salary and Benefits

Likes

One good thing about Exide life is they'll pay your salary on time..but company culture is very poor ..in the managerial aspect also they don't really believe in retention..it's a hire and fire policy.

read more

Dislikes

  • Salary - Bad
  • Job security - Bad
  • +4 more

Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 10 Feb 2025

1.0
 for  Salary and Benefits

Likes

Hello team m Rishabh Rastogi from HDFC LIFE Bijnor Branch, there is a lot of pressure here for work and HDFC Life is a very good brand but there are no facilities for the employees in the office.

read more
  • Work-life balance - Excellent

Dislikes

Here the calculation is less Here the salary is very high as compared to low and the facilities are also very less, the promotions target is very high and there are many parameters.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 09 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary credited process is very good Working culture is Average good

  • Salary - Good
  • +1 more

Dislikes

HR is very irresponsible or no one Hr's not responding any reply by call or emails, they ignoring all employees calls, messages and emails...

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  • Job security - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jan 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this company

Dislikes

HDFC Life primarily exploits its employees by imposing excessive work pressure and making unnecessary salary deductions. They promise promotions twice a year, but these commitments are often ignored due to office politics. There is a notable lack of job security, and the company does not provide any training during the induction process. Employees are expected to perform tasks without proper guidance. The company culture is poor; it relies solely on its brand name while subjecting employees to undue stress. There is a lack of transparency regarding targets and achievements, leading to significant mental pressure. As a result, the work-life balance is severely affected, and most employees do not feel valued in this environment.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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HDFC Life HR Executive Salary FAQs

What is the salary of HR Executive at HDFC Life in Mumbai?
The average salary of a HR Executive at HDFC Life in Mumbai typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of HR Executive in Mumbai at HDFC Life earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. HR Executive 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 5 HDFC Life employees in India.
What is the estimated take home salary of a HR Executive at HDFC Life in Mumbai?
The estimated take-home salary of a HR Executive at HDFC Life in Mumbai typically ranges from ₹17,506 to ₹19,207 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 HDFC Life. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Life for HR Executive in India?
Axis Max Life Insurance ₹2.0 Lakhs to ₹4.1 Lakhs per year
Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹4.0 Lakhs per year
Tata AIA Life Insurance ₹1.7 Lakhs to ₹4.5 Lakhs per year
Reliance Nippon Life Insurance ₹1.4 Lakhs to ₹4.5 Lakhs per year
HDFC Ergo General Insurance ₹1.5 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Life, depending on the role and experience level.
What is the salary of a HR Executive in companies similar to HDFC Life in Mumbai?
The salary of a HR Executive at companies similar to HDFC Life in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹1.8 Lakhs to ₹3.3 Lakhs per year
Kotak Mahindara Life Insurance ₹1.2 Lakhs to ₹4.0 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 HR Executive at HDFC Life in Mumbai?
The salary growth for a HR Executive at HDFC Life in Mumbai depends on factors such as experience, performance, and promotions. On average, a HR Executive in Mumbai can expect the following growth trajectory at HDFC Life:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹4.8 Lakhs per year
2 years ₹1.0 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years ₹1.5 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Life HR Executive salary in Mumbai ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HDFC Life latest salaries received from various employees of HDFC Life.