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Kotak Mahindara Life Insurance HR Generalist salaries in India

Annual salary range
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₹1.8 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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49% less than the average HR Generalist Salary in Insurance Companies for 2 years of experience

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Last Updated: 15 Mar 2023

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HR Generalist salary at Kotak Mahindara Life Insurance ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Latest annual salaries shared by Kotak Mahindara Life Insurance HR Generalist

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Experience wise Kotak Mahindara Life Insurance HR Generalist salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
2 years  (4 salaries)

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₹1.8 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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HR Manager Salary
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₹1.2 L/yr - ₹3.5 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

2.6

Rated by 2 employees for salary & benefits

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

  • Job security - Good
  • +2 more

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
  • Salary - Bad
  • +1 more

Human Resources Department

1.0
  •  posted on 01 Nov 2021

1.0
 for  Salary and Benefits

Likes

High level of corporate politics

Dislikes

...to gain knowledge and make my career But it's useless to be in this company My salary was 10 k in hand They never told about time like 9 to 6 So I used to work till 9 sometimes 10 pm I don't recommend you this company

read more
  • Salary - Bad
  • +6 more

Human Resources Department

4.0
  •  posted on 27 Sep 2019

2.0
 for  Salary and Benefits

Likes

...in entire career. There was no career growth for employees who were on off-role. Salary was very disturbing.

read more
  • Skill development - Good

Dislikes

KLI more believes in Monkey Management, which results in attrition at lower level. P.S I have worked at Branch level, there might be different seen at corporate level.

read more
  • Salary - Poor
  • +1 more

Human Resources Department

3.0
  •  posted on 15 Mar 2019

2.0
 for  Salary and Benefits

Likes

Work culture is good here. People are good, friendly and helpful.

  • Company culture - Good

Dislikes

Salary is v low and they don't intend to increase it even if u do hardwork. They should increase it. Our work experience becomes good when you have a good boss n vice versa.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 26 Jun 2024

1.0
 for  Salary and Benefits

Likes

Managerial support.

  • Company culture - Good

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
  • Salary - Bad
  • +2 more
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Kotak Mahindara Life Insurance HR Generalist Salary FAQs

What is the salary of HR Generalist at Kotak Mahindara Life Insurance ?
The average salary of a HR Generalist at Kotak Mahindara Life Insurance in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 2 years).

The top 10% of HR Generalist at Kotak Mahindara Life Insurance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. HR Generalist Salaries at Kotak Mahindara Life Insurance 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 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a HR Generalist at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a HR Generalist at Kotak Mahindara Life Insurance in India typically ranges from ₹17,775 to ₹19,472 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 2 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 Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindara Life Insurance for HR Generalist in India?
TCS ₹2.2 Lakhs to ₹11.0 Lakhs per year
Gallagher ₹2.5 Lakhs to ₹6.0 Lakhs per year
Tata AIA Life Insurance ₹3.2 Lakhs to ₹4.0 Lakhs per year
SBI Life Insurance Company ₹2.3 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance ₹2.5 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindara Life Insurance, depending on the role and experience level.
How the salary growth look like for a HR Generalist at Kotak Mahindara Life Insurance in India?
The salary growth for a HR Generalist at Kotak Mahindara Life Insurance depends on factors such as experience, performance, and promotions. On average, a HR Generalist can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
2 years ₹1.8 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance HR Generalist salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.