Innovsource Services Mumbai Payroll Executive Salaries by 6 Employees (Updated 2024)

1 - 4 years exp.

₹2.1 Lakhs - ₹2.9 Lakhs

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 - ₹2.7 L/yr

Last Updated: 28 Sep 2023

Companies similar to Innovsource Services for Payroll Executive in Mumbai

Innovsource Services Payroll Executive Salary

1 - 4 years exp. (6 salaries)

₹2.1 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Team Lease Payroll Executive Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 25% more
Quess Payroll Executive Salary 2 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹4.1 L/yr 15% more
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Osource Global Payroll Executive Salary 1 - 6 years exp. (42 salaries)	₹1.5 L/yr - ₹3.8 L/yr 8% more
Wipro Payroll Executive Salary 1 - 6 years exp. (27 salaries)	₹2.2 L/yr - ₹4.1 L/yr 20% more
HGS Payroll Executive Salary 3 - 8 years exp. (26 salaries)	₹1.7 L/yr - ₹5.5 L/yr 42% 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 in Mumbai

Last Updated: 28 Sep 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr

Similar Designation salaries in Innovsource Services

Sales Executive Salary

(19 salaries)

₹1.2 L/yr - ₹3 L/yr

Team Lead Salary

(6 salaries)

₹2.4 L/yr - ₹4 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

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

Dislikes

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

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

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..

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

Sales Team Leader in Madurai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Jul 2024

4.0

for Salary and Benefits

Likes

Salary will be credited on time. Sometimes 500 extra will be credited with the salary.

Dislikes

1.Salary deduction upto 500 for unknown reasons most of the months. 2.Not issuing the ESI card. 3.Could not reach the HR through phone or WhatsApp. Because he was sitting in the head office. Only 2 HR working for Pan India. 4.My pf account got disabled because of the company. But I didn't get the proper response from the company side to solve that issue. I couldn't withdraw my PF amount till now.

Business Development Executive in Kanpur Nagar

Full Time

Sales & Business Development Department

5.0

• posted on 02 Nov 2024

4.0

for Salary and Benefits

Likes

I have worked with this company, I like this salary issue date, there is no single delay in 2 and half years.

Dislikes

Innov Source is a third party consultant, I think we should work with company payroll, Overall company is good

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Innovsource Services Payroll Executive Salary FAQs

What is the salary of Payroll Executive at Innovsource Services Mumbai?

Payroll Executive salary at Innovsource Services in Mumbai ranges between ₹2.1 Lakhs to ₹2.9 Lakhs for experience between 1 years to 4 years. According to our estimates it is 18% less than the average Payroll Executive Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Innovsource Services Mumbai.

How does the salary of a Payroll Executive at Innovsource Services Mumbai compare with the average salary range for this job?

The average salary of a Payroll Executive at Innovsource Services is 18% less than the average salary of a Payroll Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Payroll Executive at Innovsource Services?

Payroll, PF and ESIC are some of the popular skills required to work as a Payroll Executive at Innovsource Services Mumbai.

Which similar companies are paying more than Innovsource Services to a Payroll Executive in Mumbai?

HGS Payroll Executive Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
Team Lease Payroll Executive Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Wipro Payroll Executive Salary - ₹2.2 Lakhs to ₹4.1 Lakhs per year
Quess Payroll Executive Salary - ₹2.3 Lakhs to ₹4.1 Lakhs per year
Osource Global Payroll Executive Salary - ₹1.5 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Payroll Executive at Innovsource Services ranges between ₹19,065 per month to ₹20,742 per month in Mumbai. The take-home salary calculation is based on the average Innovsource Services Payroll Executive salary in India which ranges between ₹2.1 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Payroll Executive at Innovsource Services in Mumbai?

According to AmbitionBox, 100% of the Innovsource Services Payroll Executives in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Innovsource Services Payroll Executive Salaries in Mumbai

Innovsource Services Payroll Executive salary in Mumbai 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.