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Kotak Mahindara Life Insurance Senior Manager-HR salaries in New Delhi

Annual salary range
5 - 9 years exp.
₹9 Lakhs - ₹13 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Senior Manager-HR Salary in Insurance Companies for 5 - 9 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindara Life Insurance for Senior Manager-HR in New Delhi

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Kotak Mahindara Life Insurance Senior Manager-HR Salary

5 - 9 years exp. (6 salaries)

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₹9 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹15 L/yr - ₹21 L/yr

arrow icon 57% more
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₹10.4 L/yr - ₹21 L/yr

arrow icon 37% more
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₹7 L/yr - ₹12 L/yr

arrow icon 4% less
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₹13.2 L/yr - ₹16 L/yr

arrow icon 33% more
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Genpact Senior Manager-HR Salary

9 - 18 years exp. (21 salaries)

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₹13 L/yr - ₹23 L/yr

arrow icon 85% more
Senior Manager-HR salary at Kotak Mahindara Life Insurance ranges between ₹9 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindara Life Insurance.

Experience wise Kotak Mahindara Life Insurance Senior Manager-HR salaries in New Delhi

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹9.2 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.5 L/yr
8 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹13 L/yr
9 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr

Similar Designation salaries in Kotak Mahindara Life Insurance

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₹3 L/yr - ₹4.5 L/yr
HR Executive Salary
(5 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹3.17 L/yr

Salary related reviews for Kotak Mahindara Life Insurance

3.0

Rated by 1 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
see more salary related reviews

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Kotak Mahindara Life Insurance Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi?
The average salary of a Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi typically ranges from ₹9.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 5 years to 9 years).

The top 10% of Senior Manager-HR in New Delhi at Kotak Mahindara Life Insurance earn more than ₹12.9 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Senior Manager-HR 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 6 Kotak Mahindara Life Insurance employees in India.
What is the estimated take home salary of a Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi?
The estimated take-home salary of a Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi typically ranges from ₹76,899 to ₹78,894 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 5 years to 9 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 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 Senior Manager-HR in India?
Genpact ₹13.0 Lakhs to ₹23.0 Lakhs per year
Axis Max Life Insurance ₹15.0 Lakhs to ₹21.0 Lakhs per year
ICICI Prudential Life Insurance ₹10.4 Lakhs to ₹21.0 Lakhs per year
HDFC Ergo General Insurance ₹13.2 Lakhs to ₹16.0 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 Senior Manager-HR in companies similar to Kotak Mahindara Life Insurance in New Delhi?
The salary of a Senior Manager-HR at companies similar to Kotak Mahindara Life Insurance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹7.0 Lakhs to ₹12.0 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 Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi?
The salary growth for a Senior Manager-HR at Kotak Mahindara Life Insurance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Manager-HR in New Delhi can expect the following growth trajectory at Kotak Mahindara Life Insurance:

Experience Average Salary Range
5 years ₹9.2 Lakhs to ₹11.7 Lakhs per year
6 years ₹9.5 Lakhs to ₹12.1 Lakhs per year
7 years ₹9.8 Lakhs to ₹12.5 Lakhs per year
8 years ₹10.1 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindara Life Insurance Senior Manager-HR salary in New Delhi ranges between ₹9 Lakhs to ₹13 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.