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ICICI Bank HR Manager 1 salaries in Mumbai

Annual salary range
1 - 8 years exp.
₹6.3 Lakhs - ₹18 Lakhs
Salary of majority employees
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30% more than the average HR Manager 1 Salary in Banking Companies for 1 - 8 years of experience

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Last Updated: 18 Nov 2024

Companies similar to ICICI Bank for HR Manager 1 in Mumbai

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ICICI Bank HR Manager 1 Salary

1 - 8 years exp. (7 salaries)

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₹6.3 L/yr - ₹18 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank HR Manager 1 Salary

6 - 13 years exp. (3 salaries)

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₹10 L/yr - ₹11.6 L/yr

arrow icon 12% less
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Axis Bank HR Manager 1 Salary

2 - 8 years exp. (3 salaries)

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₹14 L/yr - ₹16.2 L/yr

arrow icon 24% more
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₹4.3 L/yr - ₹9.2 L/yr

arrow icon 42% less
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Unico Connect HR Manager 1 Salary

6 - 8 years exp. (4 salaries)

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₹7.2 L/yr - ₹11 L/yr

arrow icon 31% less
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Reliance Retail HR Manager 1 Salary

9 - 10 years exp. (4 salaries)

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₹6.1 L/yr - ₹12.2 L/yr

arrow icon 25% less
HR Manager 1 salary at ICICI Bank ranges between ₹6.3 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 7 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank HR Manager 1 in Mumbai

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1 year exp.
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8 years exp.
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1 year exp.

Experience wise ICICI Bank HR Manager 1 salaries in Mumbai

Last Updated: 18 Nov 2024

Experience Avg Annual Salary
1 year  (4 salaries)

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₹7 L/yr - ₹17 L/yr
2 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹18 L/yr
3 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)

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₹11.3 L/yr - ₹14.5 L/yr
5 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.2 L/yr
View all

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(3.6k salaries)
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₹2.5 L/yr - ₹10.55 L/yr
Team Lead Salary
(156 salaries)
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₹1 L/yr - ₹7 L/yr
Senior Associate Salary
(124 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

Salary related reviews for ICICI Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

read more
  • Job security - Good
  • +3 more

Dislikes

CTC Complexities Internal department change is not easy

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 28 Jun 2024

4.0
 for  Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

  • Salary - Good
  • +1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 06 Jun 2024

2.0
 for  Salary and Benefits

Likes

I like most the company culture and training programme of the bank.

  • Job security - Good
  • +1 more

Dislikes

Salary is not meeting the inflation and that to be in a big city like hyderabad. There is no connection between the post of deputy manager and the role in bank.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Jul 2023

3.0
 for  Salary and Benefits

Likes

Salary

Dislikes

...look you as a Human. Even in this century those people see Caste and Religion. Only the Salary part is good other than that nothing. No Work life balance. Have to work for 12 hours daily. Though there are not much work you will be asked to sit until your senior tells you to go home. They will just change your role without your consent and ask you to move to other departments.

read more
  • Promotions - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 03 Feb 2023

2.0
 for  Salary and Benefits

Likes

Job security, company culture, work life balance

  • Job security - Excellent
  • +3 more

Dislikes

Salary structure especially for old people, external hired employees on same position get more salary than old employees. Work from home option limited to few favourites Department.

read more
  • Salary - Poor
see more salary related reviews

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ICICI Bank HR Manager 1 Salary FAQs

What is the salary of HR Manager 1 at ICICI Bank in Mumbai?
The average salary of a HR Manager 1 at ICICI Bank in Mumbai typically ranges from ₹6.3 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of HR Manager 1 in Mumbai at ICICI Bank earn more than ₹17.8 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. HR Manager 1 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 7 ICICI Bank employees in India.
What is the estimated take home salary of a HR Manager 1 at ICICI Bank in Mumbai?
The estimated take-home salary of a HR Manager 1 at ICICI Bank in Mumbai typically ranges from ₹87,858 to ₹90,163 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 7 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 HR Manager 1 in India?
Axis Bank ₹14.0 Lakhs to ₹16.2 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 HR Manager 1 in companies similar to ICICI Bank in Mumbai?
The salary of a HR Manager 1 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 ₹10.0 Lakhs to ₹11.6 Lakhs per year
Reliance Retail ₹6.1 Lakhs to ₹12.2 Lakhs per year
Unico Connect ₹7.2 Lakhs to ₹11.0 Lakhs per year
Datamatics Staffing Services ₹4.3 Lakhs to ₹9.2 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 Manager 1 at ICICI Bank in Mumbai?
The salary growth for a HR Manager 1 at ICICI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a HR Manager 1 in Mumbai can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
1 year ₹7.0 Lakhs to ₹17.0 Lakhs per year
2 years ₹5.2 Lakhs to ₹18.0 Lakhs per year
3 years ₹5.1 Lakhs to ₹17.0 Lakhs per year
4 years ₹11.3 Lakhs to ₹14.5 Lakhs per year
and so on.

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ICICI Bank HR Manager 1 salary in Mumbai ranges between ₹6.3 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 ICICI Bank latest salaries received from various employees of ICICI Bank.