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ICICI Bank Employee Relations Manager salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹15 Lakhs - ₹17.5 Lakhs
Salary of majority employees
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At par with the average Employee Relations Manager Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 6 Sep 2024

Companies similar to ICICI Bank for Employee Relations Manager in Mumbai

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ICICI Bank Employee Relations Manager Salary

1 - 6 years exp. (5 salaries)

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₹15 L/yr - ₹17.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Employee Relations Manager Salary

14 - 16 years exp. (3 salaries)

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₹11.5 L/yr - ₹15.9 L/yr

arrow icon 22% less
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₹14.4 L/yr - ₹22.5 L/yr

arrow icon 10% more
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₹1 L/yr - ₹3.6 L/yr

arrow icon 85% less
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₹18 L/yr - ₹23 L/yr

arrow icon 17% more
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₹5 L/yr - ₹9.9 L/yr

arrow icon 52% less
Employee Relations Manager salary at ICICI Bank ranges between ₹15 Lakhs to ₹17.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Employee Relations Manager in Mumbai

6mo ago
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6 years exp.

Experience wise ICICI Bank Employee Relations Manager salaries in Mumbai

Last Updated: 6 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹13.9 L/yr - ₹17.7 L/yr
2 years (AmbitionBox Estimate)

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₹14 L/yr - ₹17.9 L/yr
3 years (AmbitionBox Estimate)

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₹14.1 L/yr - ₹18 L/yr
4 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.2 L/yr
5 years (AmbitionBox Estimate)

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₹14.3 L/yr - ₹18.3 L/yr
View all

Similar Designation salaries in ICICI Bank

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₹2.5 L/yr - ₹10.55 L/yr
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₹3 L/yr - ₹11.4 L/yr
Sales Executive Salary
(164 salaries)
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₹1 L/yr - ₹5 L/yr
Senior Associate Salary
(123 salaries)
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₹1.5 L/yr - ₹3.8 L/yr
HR Manager 1 Salary
(7 salaries)
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₹6.25 L/yr - ₹18 L/yr
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₹1.5 L/yr - ₹3.6 L/yr
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₹1 L/yr - ₹3.5 L/yr

Salary related reviews for ICICI Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 02 Feb 2025

1.0
 for  Salary and Benefits

Likes

Bank Is Good But Many Peoples Are there is Old But Knowledge Less And Bank Haer Other Bank Employees Maximum Package And There Knowlege level is not up to the Mark. And old Employees struggling.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Many Other Employee they Are hard working But New Comers are High Salary And old Employees Are Less Salary. So culture is Disaster, Because Of salary Defferent.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security

  • Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 17 Dec 2024

3.0
 for  Salary and Benefits

Likes

*Unlimited sick leaves

  • Job security - Excellent

Dislikes

People, leadership, sick leaves not approved - causing loss of pay, unorganised, manual data entry, ancient systems, frequent pointless meetings and have no clear agenda that stretch beyond 1 hr (max. 5 hrs), no work from home almost always required to work from anywhere on sick leave, have strict login and logout times,

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

...ous training and development programs to help employees enhance their skills. 2. _Competitive Salary_: ICICI Bank provides competitive salaries and benefits to its employees.

read more
  • Salary - Good

Dislikes

Nothing

  • Skill development - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

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  • Salary - Good
  • +4 more

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

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ICICI Bank Employee Relations Manager Salary FAQs

What is the salary of Employee Relations Manager at ICICI Bank in Mumbai?
The average salary of a Employee Relations Manager at ICICI Bank in Mumbai typically ranges from ₹15.0 Lakhs to ₹17.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Employee Relations Manager in Mumbai at ICICI Bank earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Employee Relations Manager Salaries at ICICI Bank 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 ICICI Bank employees in India.
What is the estimated take home salary of a Employee Relations Manager at ICICI Bank in Mumbai?
The estimated take-home salary of a Employee Relations Manager at ICICI Bank in Mumbai typically ranges from ₹1,08,182 to ₹1,11,168 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than ICICI Bank for Employee Relations Manager in India?
Aditya Birla Group ₹18.0 Lakhs to ₹23.0 Lakhs per year
Mahindra & Mahindra ₹14.4 Lakhs to ₹22.5 Lakhs per year

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

IndusInd Bank ₹11.5 Lakhs to ₹15.9 Lakhs per year
eClinicalWorks ₹5.0 Lakhs to ₹9.9 Lakhs per year
Back Office Shared Services ₹1.0 Lakhs to ₹3.6 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 ICICI Bank in Mumbai?
The salary growth for a Employee Relations Manager at ICICI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Employee Relations Manager in Mumbai can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
1 year ₹13.9 Lakhs to ₹17.7 Lakhs per year
2 years ₹14.0 Lakhs to ₹17.9 Lakhs per year
3 years ₹14.1 Lakhs to ₹18.0 Lakhs per year
4 years ₹14.2 Lakhs to ₹18.2 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Employee Relations Manager salary in Mumbai ranges between ₹15 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 ICICI Bank latest salaries received from various employees of ICICI Bank.