Innovsource Services Payroll Executive Salaries by 6 Employees

1 - 4 years exp.

₹2.1 Lakhs - ₹2.9 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Payroll Executive Salary in Recruitment Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting Payroll Executive Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹2.9 L/yr
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BFSI, Investments & Trading Payroll Executive Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 28 Sep 2023

Companies similar to Innovsource Services for Payroll Executive

Company name	Avg Annual Salary	Open Jobs
Team Lease Payroll Executive Salary 0 - 5 years exp. (125 salaries)	₹1.8 L/yr - ₹5.1 L/yr 28% more
IMS People Payroll Executive Salary 0 - 4 years exp. (27 salaries)	₹2.2 L/yr - ₹3.6 L/yr 7% more
Login to view exact salary
PeopleStrong Payroll Executive Salary 0 - 6 years exp. (18 salaries)	₹2.5 L/yr - ₹4.4 L/yr 33% more
CIEL HR Payroll Executive Salary 2 - 5 years exp. (7 salaries)	₹2.4 L/yr - ₹4.8 L/yr 17% more
Buzzworks Business Services Payroll Executive Salary 1 - 5 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 16% more
Randstad Payroll Executive Salary 3 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.5 L/yr 65% more
Mindlance Payroll Executive Salary 2 - 3 years exp. (4 salaries)	₹3.5 L/yr - ₹4.3 L/yr 31% more

Payroll Executive salary at Innovsource Services ranges between ₹2.1 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Innovsource Services.

Experience wise Innovsource Services Payroll Executive salaries

Last Updated: 28 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr

Similar Designation salaries in Innovsource Services

Sales Executive Salary

(136 salaries)

₹1 L/yr - ₹3.2 L/yr

Finance Executive Salary

(4 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Senior Payroll Executive Salary

(6 salaries)

₹3.5 L/yr - ₹4.05 L/yr

Payroll Associate Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Accounts Payable Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Administration Executive Salary

(13 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Senior Associate Salary

(4 salaries)

₹2 L/yr - ₹5.2 L/yr

Process Associate Salary

(5 salaries)

₹2.6 L/yr - ₹4 L/yr

Accountant Salary

(3 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Analyst Salary

(3 salaries)

₹2 L/yr - ₹12 L/yr

Top skills at Innovsource Services for Payroll Executive

Payroll PF ESIC

Salary related reviews for Innovsource Services

2.1

Rated by 2 employees for salary & benefits

Sales Executive in Jammu

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 26 Dec 2024

1.0

for Salary and Benefits

Likes

...seniors v mile.hote hai beech me ....sales executive ko ye noukar smjte hai ...fraud hiring krke salary khud kha jate hai....RSM, ASM ..sare included...jb koi complaint kre khud me hi gol Mol kr dete hao sb

Dislikes

SB KUCH HI DISLIKE ME ATA HAI YAH

Salary - Bad

+6 more

Team Lead in Vijayawada

Vishakapatanam Department

4.0

• posted on 16 Jan 2022

1.0

for Salary and Benefits

Likes

Job security was super Management was not good Policies not good hard worker employee not satisfaction because no saraly hike no promossions , gully politics etc

Skill development - Excellent

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Salary - Bad

+4 more

Team Lead in Tirunelveli

Sales Department

3.0

• posted on 24 Aug 2019

3.0

for Salary and Benefits

Likes

Yeah it's really nice to work here comparing to another concern it's really good

Job security - Good

+3 more

Dislikes

Plz be plan to reschedule the salary dates of every month of 31st salary date is helpful to run the family so plz be rescheduled that's the only problem of this concern

Team Lead in Lucknow

Sales in Sbi cards Department

3.0

• posted on 27 Mar 2019

4.0

for Salary and Benefits

Likes

Innovesource is one of the leading staffing company .innovesource empower it's clients with custom design ed manpower solutions..nice atmosphere in the company training etc..

Salary - Good

Dislikes

This company is good for freshers but not for experienced for career growth . innovesource gives the platform to perform but not pay proper attention to its employees in terms of salary appraisal ,designation etc

Promotions - Poor

Quality Engineer in Bhubaneswar

Full Time

Quality Assurance Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Salary comes in time

Dislikes

Hr is pathetic he only know how to dutct reimbursement from employee. Do not listen to your issue always sayes I am busy I will call you later but never call backs. When you call after working hours he says call me in office hours but when he had work with us he an call us any time.

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Innovsource Services Payroll Executive Salary FAQs

What is the salary of Payroll Executive at Innovsource Services ?

The average salary of a Payroll Executive at Innovsource Services in India typically ranges from ₹2.1 Lakhs to ₹2.9 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Payroll Executive at Innovsource Services earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. Payroll Executive Salaries at Innovsource Services 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 6 Innovsource Services employees in India.

What is the estimated take home salary of a Payroll Executive at Innovsource Services in India?

The estimated take-home salary of a Payroll Executive at Innovsource Services in India typically ranges from ₹19,810 to ₹21,476 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.9 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 6 salaries received from various employees of Innovsource Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Payroll Executive at Innovsource Services ?

To be a Payroll Executive at Innovsource Services in india, the key skills required include:

- Payroll
- PF
- ESIC

These skills are highly valued at Innovsource Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Innovsource Services for Payroll Executive in India?

Randstad	₹4.5 Lakhs to ₹5.5 Lakhs per year
PeopleStrong	₹2.5 Lakhs to ₹4.4 Lakhs per year
Mindlance	₹3.5 Lakhs to ₹4.3 Lakhs per year
Team Lease	₹1.8 Lakhs to ₹5.1 Lakhs per year
CIEL HR	₹2.4 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Payroll Executive in companies similar to Innovsource Services in India?

The salary of a Payroll Executive at companies similar to Innovsource Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Buzzworks Business Services	₹3.0 Lakhs to ₹3.6 Lakhs per year
IMS People	₹2.2 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 Payroll Executive at Innovsource Services in India?

The salary growth for a Payroll Executive at Innovsource Services depends on factors such as experience, performance, and promotions. On average, a Payroll Executive can expect the following growth trajectory at Innovsource Services:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.3 Lakhs per year

and so on.

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Innovsource Services Payroll Executive Salaries

Innovsource Services Payroll Executive salary in India ranges between ₹2.1 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Innovsource Services latest salaries received from various employees of Innovsource Services.