Kotak Mahindara Life Insurance Mumbai Recruitment Manager Salaries by 9 Employees

1 - 8 years exp.

₹3.6 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

47% less than the average Recruitment Manager Salary in Insurance Companies for 1 - 8 years of experience

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Salaries in different departments

Marketing & Communication Recruitment Manager Salary 2 - 7 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr
Sales & Business Development Recruitment Manager Salary 2 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.2 L/yr
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BFSI, Investments & Trading Recruitment Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.1 L/yr

Last Updated: 2 Nov 2024

Companies similar to Kotak Mahindara Life Insurance for Recruitment Manager in Mumbai

Kotak Mahindara Life Insurance Recruitment Manager Salary

1 - 8 years exp. (9 salaries)

₹3.6 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Max Life Insurance Recruitment Manager Salary 3 - 12 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 13% less
Zodiac HR Consultants Recruitment Manager Salary 8 - 17 years exp. (9 salaries)	₹3.5 L/yr - ₹5.5 L/yr 13% more
Login to view exact salary
Team Lease Recruitment Manager Salary 5 - 15 years exp. (7 salaries)	₹4.9 L/yr - ₹16 L/yr 124% more
Accenture Recruitment Manager Salary 11 - 14 years exp. (7 salaries)	₹14.7 L/yr - ₹32 L/yr 506% more
Whitehat jr Recruitment Manager Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹9.5 L/yr 50% more

Recruitment Manager salary at Kotak Mahindara Life Insurance ranges between ₹3.6 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Recruitment Manager salaries in Mumbai

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

View all

Similar Designation salaries in Kotak Mahindara Life Insurance

HR Associate Salary

(34 salaries)

₹1.2 L/yr - ₹3.6 L/yr

HR Manager Salary

(11 salaries)

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Senior Manager-HR Salary

(9 salaries)

₹5.9 L/yr - ₹13.78 L/yr

HR Executive Salary

(9 salaries)

₹1.2 L/yr - ₹4 L/yr

Deputy Manager Administration Salary

(6 salaries)

₹2.9 L/yr - ₹4 L/yr

HR Recruiter Salary

(5 salaries)

₹1.2 L/yr - ₹2.65 L/yr

HR Executive Recruiter Salary

(3 salaries)

₹1.8 L/yr - ₹2.58 L/yr

Top skills at Kotak Mahindara Life Insurance for Recruitment Manager

Hiring Channel Sales Recruitment Management Training LI Business Growth Sales Agency Sales Coaching Selling

Salary related reviews for Kotak Mahindara Life Insurance

3.1

Rated by 3 employees for salary & benefits

Admin Manager in Hyderabad / Secunderabad

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.

Salary - Bad

+1 more

HR Associate in Mumbai Suburban

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

Salary - Bad

+6 more

HR Associate in New Delhi

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.

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.

Salary - Poor

+1 more

HR Executive in New Delhi

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.

Salary - Poor

+2 more

Sales Manager in Mumbai

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."

Salary - Bad

+2 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Kotak Mahindara Life Insurance Recruitment Manager Salary FAQs

What is the salary of Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai?

The average salary of a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹3.6 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Recruitment Manager in Mumbai at Kotak Mahindara Life Insurance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Recruitment Manager 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 9 Kotak Mahindara Life Insurance employees in India.

What is the estimated take home salary of a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai?

The estimated take-home salary of a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai typically ranges from ₹30,252 to ₹31,562 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 8 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 9 salaries received from various employees of Kotak Mahindara Life Insurance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai?

To be a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai, the key skills required include:

- Hiring
- Channel Sales
- Recruitment Management
- Training
- LI

These skills are highly valued at Kotak Mahindara Life Insurance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindara Life Insurance for Recruitment Manager in India?

Accenture	₹14.7 Lakhs to ₹32.0 Lakhs per year
Team Lease	₹4.9 Lakhs to ₹16.0 Lakhs per year
Whitehat jr	₹2.5 Lakhs to ₹9.5 Lakhs per year
Zodiac HR Consultants	₹3.5 Lakhs to ₹5.5 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.

What is the salary of a Recruitment Manager in companies similar to Kotak Mahindara Life Insurance in Mumbai?

The salary of a Recruitment Manager at companies similar to Kotak Mahindara Life Insurance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance

₹3.0 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai?

The salary growth for a Recruitment Manager at Kotak Mahindara Life Insurance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Recruitment Manager in Mumbai can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.7 Lakhs per year
4 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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Kotak Mahindara Life Insurance Recruitment Manager Salaries in Mumbai

Kotak Mahindara Life Insurance Recruitment Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindara Life Insurance latest salaries received from various employees of Kotak Mahindara Life Insurance.