IQ BackOffice Chennai Process Associate Level 1 Salaries by 6 Employees

1 - 4 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Process Associate Level 1 Salary in Financial Services Companies for 1 - 4 years of experience

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Last Updated: 12 Aug 2023

Companies similar to IQ BackOffice for Process Associate Level 1 in Chennai

IQ BackOffice Process Associate Level 1 Salary

1 - 4 years exp. (6 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Process Associate Level 1 Salary 0 - 6 years exp. (104 salaries)	₹2 L/yr - ₹4.2 L/yr 58% more
AGS Health Process Associate Level 1 Salary 1 - 4 years exp. (44 salaries)	₹2.1 L/yr - ₹5 L/yr 90% more
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BNP Paribas Process Associate Level 1 Salary 1 - 5 years exp. (35 salaries)	₹2.8 L/yr - ₹5.3 L/yr 131% more
Bnp Paribas Securities Process Associate Level 1 Salary 1 - 5 years exp. (16 salaries)	₹3.2 L/yr - ₹4.8 L/yr 92% more
Mr Cooper Process Associate Level 1 Salary 0 - 4 years exp. (16 salaries)	₹2.3 L/yr - ₹3.2 L/yr 51% more

Process Associate Level 1 salary at IQ BackOffice ranges between ₹1.5 Lakh to ₹2.5 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 IQ BackOffice.

Experience wise IQ BackOffice Process Associate Level 1 salaries in Chennai

Last Updated: 12 Aug 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr

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Team Lead Salary

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Senior Associate Salary

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Salary related reviews for IQ BackOffice

1.6

Rated by 3 employees for salary & benefits

Process Associate in Ambattur

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 05 Mar 2023

2.0

for Salary and Benefits

Likes

Learned different tasks in AP. No pressure.

Skill development - Good

+3 more

Dislikes

Poor canteen. Salary is not upto the level of associate. The salary given to fresher is higher than the existing seniors where seniors have high responsibility. It will make senior's work less efficient.

Salary - Poor

+1 more

Junior Process Associate in Chennai

Accouting Department

2.0

• posted on 06 Oct 2019

2.0

for Salary and Benefits

Likes

It's a good place to develop your skills and knowledge (not in all clients), but the benefits given by company are very poor.

Skill development - Good

+2 more

Dislikes

The salary is very low compared to other places, this makes employee frustration on work life and demotivates to learn many things.

Salary - Poor

+2 more

Senior Process Associate in Chennai

Finance & Accounting Department

4.0

• posted on 14 May 2019

2.0

for Salary and Benefits

Likes

IQ Backoffice is really a good place to growth your carrier and more opportunities to improve their skills on the process. Work infrastructure is good. No work pressure. TL and DM's are very friendly to all associates.

Skill development - Excellent

+5 more

Dislikes

Salary structure and appraisal. Break hours needs to be improve. Need to concentrate on employees satisfaction level.

Salary - Poor

SME

Customer Success, Service & Operations Department

4.0

• posted on 12 Feb 2019

2.0

for Salary and Benefits

Likes

There is no politics, and Job security , here near to 100 Employess working more then 5 years. If you are talented you can easily move to next level. lot of training program for next level and Accounting section. Out door training.

Job security - Good

+1 more

Dislikes

... single cab there are 12-14 members and no security provide for female employee. Compare to the market salary is low. No free food and childcare and work from home facilities.

Salary - Poor

Process Associate in Chennai

Process assistance Department

1.0

• posted on 09 May 2018

1.0

for Salary and Benefits

Likes

Everything was super like job, learning and security everything good...

Dislikes

But too bad in salary and hike... They are not recognise internal employees.. They always prefer one who comes outside. Cheap and worst salary...

Salary - Bad

+5 more

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Option 2

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IQ BackOffice Process Associate Level 1 Salary FAQs

What is the salary of Process Associate Level 1 at IQ BackOffice in Chennai?

The average salary of a Process Associate Level 1 at IQ BackOffice in Chennai typically ranges from ₹1.5 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Process Associate Level 1 in Chennai at IQ BackOffice earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Process Associate Level 1 Salaries at IQ BackOffice 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 IQ BackOffice employees in India.

What is the estimated take home salary of a Process Associate Level 1 at IQ BackOffice in Chennai?

The estimated take-home salary of a Process Associate Level 1 at IQ BackOffice in Chennai typically ranges from ₹12,902 to ₹14,288 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.5 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 IQ BackOffice. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IQ BackOffice for Process Associate Level 1 in India?

BNP Paribas	₹2.8 Lakhs to ₹5.3 Lakhs per year
Bnp Paribas Securities	₹3.2 Lakhs to ₹4.8 Lakhs per year
AGS Health	₹2.1 Lakhs to ₹5.0 Lakhs per year
TCS	₹2.0 Lakhs to ₹4.2 Lakhs per year
Mr Cooper	₹2.3 Lakhs to ₹3.2 Lakhs per year

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

How the salary growth look like for a Process Associate Level 1 at IQ BackOffice in Chennai?

The salary growth for a Process Associate Level 1 at IQ BackOffice in Chennai depends on factors such as experience, performance, and promotions. On average, a Process Associate Level 1 in Chennai can expect the following growth trajectory at IQ BackOffice:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
4 years	₹1.7 Lakhs to ₹2.2 Lakhs per year

and so on.

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IQ BackOffice Process Associate Level 1 Salaries in Chennai

IQ BackOffice Process Associate Level 1 salary in Chennai ranges between ₹1.5 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IQ BackOffice latest salaries received from various employees of IQ BackOffice.