India Ratings & Research Indore Business Development Officer Salaries by 4 Employees

6 - 10 years exp.

₹3.8 Lakhs - ₹5.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% more than the average Business Development Officer Salary in Financial Services Companies for 6 - 10 years of experience

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Last Updated: 17 Oct 2024

Companies similar to India Ratings & Research for Business Development Officer in Indore

India Ratings & Research Business Development Officer Salary

6 - 10 years exp. (4 salaries)

₹3.8 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
MRF Vapocure Paints Business Development Officer Salary 1 - 7 years exp. (7 salaries)	₹3.8 L/yr - ₹6.5 L/yr 3% more
Indigo Paints Business Development Officer Salary 3 - 7 years exp. (6 salaries)	₹4 L/yr - ₹4.6 L/yr 14% less
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Vasant Masala Business Development Officer Salary 7 - 12 years exp. (5 salaries)	₹3.6 L/yr - ₹5.8 L/yr 3% more
Abacus Innovations Business Development Officer Salary 5 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 52% less
Shalimar Paints Business Development Officer Salary 1 - 2 years exp. (3 salaries)	₹3.3 L/yr - ₹3.3 L/yr 35% less

Business Development Officer salary at India Ratings & Research ranges between ₹3.8 Lakhs to ₹5.9 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of India Ratings & Research.

Experience wise India Ratings & Research Business Development Officer salaries in Indore

Last Updated: 17 Oct 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr

Salary related reviews for India Ratings & Research

Analyst in Mumbai

Full Time

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4.0

• posted on 19 Apr 2024

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for Salary and Benefits

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Great work life balance, good opportunities, more learning.

Skill development - Good

+4 more

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...negligible. If you want work life balance, then good, but money wise really bad. Getting in with good salary is important. Even director position does not have respect.

Salary - Poor

+1 more

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5.0

• posted on 08 Sep 2023

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for Salary and Benefits

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Excellent work culture with very supportive managers, opportunity for learning, flexibility around work schedules, exposure, and opportunity to interact with c-suite executives.

Salary - Good

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Pay could be better, along with appraisals. This is the only drawback, otherwise it is one of the best places to work for.

Analyst in Chennai

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4.0

• posted on 07 Apr 2022

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Skill development - Good

+5 more

Dislikes

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Salary - Bad

Credit Analyst in Greater Noida

Full Time

Finance & Accounting Department

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• posted on 19 Oct 2023

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Only learning through interactions with industry people.

Skill development - Good

+1 more

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Culture, compensation, growth, no focus on training and development. Not a very employee friendly company, do not care about personal lives or well-being of employees. High attrition and no effort at team-building. Seniors will ask to reach out for any help but when you do they’ll not respond.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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India Ratings & Research Business Development Officer Salary FAQs

What is the salary of Business Development Officer at India Ratings & Research in Indore?

The average salary of a Business Development Officer at India Ratings & Research in Indore typically ranges from ₹3.8 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Business Development Officer in Indore at India Ratings & Research earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Business Development Officer Salaries at India Ratings & Research 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 4 India Ratings & Research employees in India.

What is the estimated take home salary of a Business Development Officer at India Ratings & Research in Indore?

The estimated take-home salary of a Business Development Officer at India Ratings & Research in Indore typically ranges from ₹38,280 to ₹39,471 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 6 years to 10 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 4 salaries received from various employees of India Ratings & Research. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Ratings & Research for Business Development Officer in India?

Vasant Masala	₹3.6 Lakhs to ₹5.8 Lakhs per year
MRF Vapocure Paints	₹3.8 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Ratings & Research, depending on the role and experience level.

What is the salary of a Business Development Officer in companies similar to India Ratings & Research in Indore?

The salary of a Business Development Officer at companies similar to India Ratings & Research in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indigo Paints	₹4.0 Lakhs to ₹4.6 Lakhs per year
Shalimar Paints	₹3.3 Lakhs to ₹3.3 Lakhs per year
Abacus Innovations	₹2.2 Lakhs to ₹3.0 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 Business Development Officer at India Ratings & Research in Indore?

The salary growth for a Business Development Officer at India Ratings & Research in Indore depends on factors such as experience, performance, and promotions. On average, a Business Development Officer in Indore can expect the following growth trajectory at India Ratings & Research:

Experience	Average Salary Range
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
8 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
9 years	₹4.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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India Ratings & Research Business Development Officer Salaries in Indore

India Ratings & Research Business Development Officer salary in Indore ranges between ₹3.8 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 India Ratings & Research latest salaries received from various employees of India Ratings & Research.