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3.8

based on 2.7k Reviews

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Kotak Mahindara Life Insurance Human Resources Business Partner salaries in India

Annual salary range
0 - 4 years exp.
₹5 Lakhs - ₹8.7 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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33% less than the average Human Resources Business Partner Salary in Insurance Companies for 0 - 4 years of experience

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Last Updated: 22 Jan 2025

Companies similar to Kotak Mahindara Life Insurance for Human Resources Business Partner

Company name Avg Annual Salary Open Jobs
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₹6 L/yr - ₹18 L/yr

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₹3.5 L/yr - ₹9.6 L/yr

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₹3 L/yr - ₹13.8 L/yr

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₹5 L/yr - ₹12.9 L/yr

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₹8.5 L/yr - ₹10 L/yr

arrow icon 44% more
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₹9.5 L/yr - ₹9.7 L/yr

arrow icon 49% more
Human Resources Business Partner salary at Kotak Mahindara Life Insurance ranges between ₹5 Lakhs to ₹8.7 Lakhs per year for employees with less than 1 year of experience to 4 years. 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 Human Resources Business Partner

3d ago
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1 year exp.
2mo ago
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4 years exp.
6mo ago
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3 years exp.
1y ago
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6 months exp.

Experience wise Kotak Mahindara Life Insurance Human Resources Business Partner salaries

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.7 L/yr
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹8.7 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹2.5 L/yr - ₹4.6 L/yr
HR Associate Salary
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₹1.2 L/yr - ₹3 L/yr
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₹2.05 L/yr - ₹3.25 L/yr
HR Executive Salary
(29 salaries)
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₹1 L/yr - ₹3.5 L/yr
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₹1.85 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4.3 L/yr
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₹5.9 L/yr - ₹13.78 L/yr
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₹1.2 L/yr - ₹5 L/yr
HR Manager Salary
(16 salaries)
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₹3 L/yr - ₹7.5 L/yr
HR Recruiter Salary
(15 salaries)
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₹1.2 L/yr - ₹4.1 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

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 Human Resources Business Partner Salary FAQs

What is the salary of Human Resources Business Partner at Kotak Mahindara Life Insurance?
Human Resources Business Partner salary at Kotak Mahindara Life Insurance in India ranges between ₹5.0 Lakhs to ₹8.7 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 33% less than the average Human Resources Business Partner Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindara Life Insurance India.
How does the salary of a Human Resources Business Partner at Kotak Mahindara Life Insurance India compare with the average salary range for this job?
The average salary of a Human Resources Business Partner at Kotak Mahindara Life Insurance is 33% less than the average salary of a Human Resources Business Partner in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindara Life Insurance to a Human Resources Business Partner in India?
  • Bajaj Allianz Life Insurance Human Resources Business Partner Salary - ₹5.0 Lakhs to ₹12.9 Lakhs per year
  • ICICI Prudential Life Insurance Human Resources Business Partner Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
  • ICICI Lombard General Insurance Company Human Resources Business Partner Salary - ₹9.5 Lakhs to ₹9.7 Lakhs per year
  • SBI General Insurance Human Resources Business Partner Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
  • Max Life Insurance Human Resources Business Partner Salary - ₹3.0 Lakhs to ₹13.8 Lakhs per year
What is the salary of a Human Resources Business Partner in companies similar to Kotak Mahindara Life Insurance in India?
  • HDFC Life Human Resources Business Partner Salary - ₹3.5 Lakhs to ₹9.6 Lakhs per year
What is the estimated take home salary of a Human Resources Business Partner at Kotak Mahindara Life Insurance in India?
The estimated take-home salary of a Human Resources Business Partner at Kotak Mahindara Life Insurance ranges between ₹49,002 per month to ₹50,160 per month in India. The take-home salary calculation is based on the average Kotak Mahindara Life Insurance Human Resources Business Partner salary in India which ranges between ₹5.0 Lakhs to ₹8.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Human Resources Business Partner at Kotak Mahindara Life Insurance?
According to AmbitionBox, 75% of the Kotak Mahindara Life Insurance Human Resources Business Partners reported a notice period of 3 Months, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Human Resources Business Partner salary in India ranges between ₹5 Lakhs to ₹8.7 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.