Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Kotak Mahindara Life Insurance Team. If you also belong to the team, you can get access from here
3.8

based on 2.6k Reviews

filter salariesFilter salaries by

Kotak Mahindara Life Insurance Chief Human Resource Manager salaries in India

Annual salary range
10 - 15 years exp.
₹8.3 Lakhs - ₹9.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

55% less than the average Chief Human Resource Manager Salary in Insurance Companies for 10 - 15 years of experience

Interested in this particular role?

Last Updated: 8 Mar 2024

Companies similar to Kotak Mahindara Life Insurance for Chief Human Resource Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹21 L/yr - ₹32 L/yr

arrow icon 205% more
Logo
HDFC Life Chief Human Resource Manager Salary

10 - 21 years exp. (13 salaries)

unlock blur

₹19 L/yr - ₹27.5 L/yr

arrow icon 146% more
unlock blur

₹27 L/yr - ₹31.5 L/yr

arrow icon 211% more
unlock blur

₹13.2 L/yr - ₹18.7 L/yr

arrow icon 73% more
unlock blur

₹9.2 L/yr - ₹22 L/yr

arrow icon 73% more
Chief Human Resource Manager salary at Kotak Mahindara Life Insurance ranges between ₹8.3 Lakhs to ₹9.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance Chief Human Resource Manager

9mo ago
avg blur mobile
14 years exp.
10mo ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise Kotak Mahindara Life Insurance Chief Human Resource Manager salaries

Last Updated: 8 Mar 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

unlock blur

₹8.4 L/yr - ₹16.3 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹8.3 L/yr - ₹9.5 L/yr
12 years (AmbitionBox Estimate)

unlock blur

₹8.3 L/yr - ₹16.6 L/yr
13 years (AmbitionBox Estimate)

unlock blur

₹8.4 L/yr - ₹10.3 L/yr
14 years (AmbitionBox Estimate)

unlock blur

₹9 L/yr - ₹17 L/yr
View all

Similar Designation salaries in Kotak Mahindara Life Insurance

unlock blur
₹3.5 L/yr - ₹4.35 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
unlock blur
₹2.9 L/yr - ₹3.7 L/yr
Deputy Manager Salary
(856 salaries)
unlock blur
₹2 L/yr - ₹5.69 L/yr
HR Manager 1 Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
unlock blur
₹8.14 L/yr - ₹11 L/yr
Assistant Manager HRD Salary
(AmbitionBox Estimate)
unlock blur
₹9.5 L/yr - ₹12.1 L/yr
HR Assistant Salary
(6 salaries)
unlock blur
₹1.55 L/yr - ₹2.85 L/yr
unlock blur
₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 employees for salary & benefits

Alternate Sales Department

2.0
  •  posted on 13 Apr 2022

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank branches alloted were doing good business

Dislikes

1st salary badly delayed, but was personally sorted by HR. No support even in case of family emergency and hence had to resign having no choice

read more

BFSI, Investments & Trading Department

4.0
  •  posted on 16 Jun 2020

2.0
 for  Salary and Benefits

Likes

...fe.Team mates are supportive. This is the second appraisal but mine is not done. Till now no salary hike which demotivate employee .work culture is good.

read more

Dislikes

Politics.low or no salary hike. Appraise are not done fairly. No defined timing to work.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Aug 2024

2.0
 for  Salary and Benefits

Likes

Kotak Life learning with colleagues and seniors, helpful people. New innovations happening in business and product teams.

read more

Dislikes

Human Resources and employees understanding. Human resource donot do anything for employees just gives threat on every occasion to employees for salary hold. New generation should not join this company as ther are better HR polices elsewhere Some department like IT areas slow,no future thought processes. As HR polices are so bad that even your managers and head of department are weak and toothless for any new initiatives

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

Dislikes

... Company gives me 2.5% hike in appraisal after achieving a 70% of YTD Target.... Appraisal and salary hike processes at Kotak Life Insurance are deeply disappointing. Despite dedicated efforts and meeting performance targets, the appraisal system feels arbitrary and lacks transparency. Promises of career growth and salary increments are often unfulfilled, leaving employees demotivated and undervalued. There’s a noticeable disparity between the workload expectations and the compensation provided, which doesn’t align with industry standards. This undermines morale and loyalty among employees, impacting overall productivity and retention. Clearer and fairer appraisal policies are urgently needed to retain talent and boost employee satisfaction."

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 18 Nov 2024

1.0
 for  Salary and Benefits

Likes

work life balance and the culture of the organization

Dislikes

Salary not up to the mark. not paid as per industry standard. additional branches, additional works given without proper hike in salary. Branches have poor depressing culture, no celebration, revenue generating teams at branches are recognized, not the backend teams irrespective of their contribution to the success. Overall branches are not happy place to work.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindara Life Insurance Chief Human Resource Manager Salary FAQs

What is the salary of Chief Human Resource Manager at Kotak Mahindara Life Insurance?
Chief Human Resource Manager salary at Kotak Mahindara Life Insurance in India ranges between ₹8.3 Lakhs to ₹9.5 Lakhs for experience between 10 years to 15 years. According to our estimates it is 55% less than the average Chief Human Resource Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Chief Human Resource Manager at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Chief Human Resource Manager at Kotak Mahindara Life Insurance is 55% less than the average salary of a Chief Human Resource Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Chief Human Resource Manager in India?
  • Max Life Insurance Chief Human Resource Manager Salary - ₹27.0 Lakhs to ₹31.5 Lakhs per year
  • ICICI Prudential Life Insurance Chief Human Resource Manager Salary - ₹21.0 Lakhs to ₹32.0 Lakhs per year
  • HDFC Life Chief Human Resource Manager Salary - ₹19.0 Lakhs to ₹27.5 Lakhs per year
  • Reliance Nippon Life Insurance Chief Human Resource Manager Salary - ₹13.2 Lakhs to ₹18.7 Lakhs per year
  • ICICI Lombard General Insurance Company Chief Human Resource Manager Salary - ₹9.2 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Chief Human Resource Manager at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Chief Human Resource Manager at Kotak Mahindara Life Insurance ranges between ₹67,199 per month to ₹68,920 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Chief Human Resource Manager salary in India which ranges between ₹8.3 Lakhs to ₹9.5 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Chief Human Resource Manager at Kotak Mahindara Life Insurance?
According to AmbitionBox, 40% of the Kotak Mahindara Life Insurance Chief Human Resource Managers reported a notice period of 1 Month, 40% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Chief Human Resource Manager salary in India ranges between ₹8.3 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.