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IBM HFM Consultant salaries in India (Updated 2025)

Annual salary range
5 - 7 years exp.
₹6.8 Lakhs - ₹13.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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49% more than the average HFM Consultant Salary in IT Services & Consulting Companies for 5 - 7 years of experience

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Last Updated: 31 Jan 2025

Companies similar to IBM for HFM Consultant

Company name Avg Annual Salary Open Jobs
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Capgemini HFM Consultant Salary

2 - 8 years exp. (6 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 29% less
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TCS HFM Consultant Salary

2 - 3 years exp. (5 salaries)

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₹4.6 L/yr - ₹8 L/yr

arrow icon 49% less
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Genpact HFM Consultant Salary

3 - 7 years exp. (4 salaries)

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₹4.2 L/yr - ₹6.4 L/yr

arrow icon 52% less
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Tech Mahindra HFM Consultant Salary

3 - 10 years exp. (3 salaries)

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₹4.8 L/yr - ₹7.2 L/yr

arrow icon 33% less
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Infosys HFM Consultant Salary

8 - 10 years exp. (3 salaries)

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₹13.6 L/yr - ₹26 L/yr

arrow icon 95% more
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Wipro HFM Consultant Salary

3 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹17.2 L/yr

arrow icon 6% less
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NTT Data HFM Consultant Salary

5 - 6 years exp. (3 salaries)

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₹9.5 L/yr - ₹12.1 L/yr

arrow icon 9% more
HFM Consultant salary at IBM ranges between ₹6.8 Lakhs to ₹13.6 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM HFM Consultant

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Experience wise IBM HFM Consultant salaries

Last Updated: 31 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹17.4 L/yr
7 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹12.7 L/yr

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Only point is that, try to get maximum salary when you join IBM. Like many other MNCs yearly hike is very poor in IBM.

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  • Promotions - Poor
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IBM HFM Consultant Salary FAQs

What is the salary of HFM Consultant at IBM ?
The average salary of a HFM Consultant at IBM in India typically ranges from ₹6.8 Lakhs to ₹13.6 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of HFM Consultant at IBM earn more than ₹13.6 Lakhs per year, and the top 1% earn over ₹13.6 Lakhs per year. HFM Consultant Salaries at IBM 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 IBM employees in India.
What is the estimated take home salary of a HFM Consultant at IBM in India?
The estimated take-home salary of a HFM Consultant at IBM in India typically ranges from ₹70,012 to ₹71,812 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹13.6 Lakhs per year for employees with experience ranging from 5 years to 7 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 IBM. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IBM for HFM Consultant in India?
Infosys ₹13.6 Lakhs to ₹26.0 Lakhs per year
NTT Data ₹9.5 Lakhs to ₹12.1 Lakhs per year

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

Wipro ₹3.0 Lakhs to ₹17.2 Lakhs per year
Capgemini ₹4.0 Lakhs to ₹12.0 Lakhs per year
Tech Mahindra ₹4.8 Lakhs to ₹7.2 Lakhs per year
TCS ₹4.6 Lakhs to ₹8.0 Lakhs per year
Genpact ₹4.2 Lakhs to ₹6.4 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 HFM Consultant at IBM in India?
The salary growth for a HFM Consultant at IBM depends on factors such as experience, performance, and promotions. On average, a HFM Consultant can expect the following growth trajectory at IBM:

Experience Average Salary Range
5 years ₹6.8 Lakhs to ₹13.6 Lakhs per year
6 years ₹7.0 Lakhs to ₹17.4 Lakhs per year
7 years ₹4.1 Lakhs to ₹12.7 Lakhs per year
and so on.

Tell us how to improve this page.

IBM HFM Consultant salary in India ranges between ₹6.8 Lakhs to ₹13.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IBM latest salaries received from various employees of IBM.