M&G PLC Associate Salaries by 4 Employees (Updated 2024)

2 - 6 years exp.

₹3.7 Lakhs - ₹6 Lakhs

Salary of majority employees

41% less than the average Associate Salary for 2 - 6 years of experience

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Last Updated: 12 Aug 2023

Companies similar to M&G PLC for Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Life Associate Salary 0 - 4 years exp. (243 salaries)	₹1.1 L/yr - ₹3.3 L/yr 53% less
ICICI Prudential Life Insurance Associate Salary 0 - 6 years exp. (276 salaries)	₹1.7 L/yr - ₹4.4 L/yr 23% less
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SBI Life Insurance Company Associate Salary 0 - 6 years exp. (237 salaries)	₹1 L/yr - ₹5 L/yr 42% less
HDFC Asset Management Company Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 33% less
ICICI Securities Associate Salary 0 - 15 years exp. (32 salaries)	₹3.8 L/yr - ₹10.3 L/yr 109% more
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Cognizant Associate Salary 0 - 9 years exp. (72.5k salaries)	₹5.1 L/yr - ₹15.9 L/yr 104% more	17 job openings
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Wipro Associate Salary 0 - 5 years exp. (13k salaries)	₹0.7 L/yr - ₹4.8 L/yr 37% less	8 job openings
PwC Associate Salary 0 - 7 years exp. (12.5k salaries)	₹4.5 L/yr - ₹16 L/yr 141% more	175 job openings
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (10.1k salaries)	₹10.5 L/yr - ₹36 L/yr 442% more	73 job openings
Accenture Associate Salary 0 - 7 years exp. (5.6k salaries)	₹0.8 L/yr - ₹6.8 L/yr 7% less	106 job openings
Tech Mahindra Associate Salary 0 - 6 years exp. (4.1k salaries)	₹0.9 L/yr - ₹5.2 L/yr 29% less
Amazon Associate Salary 0 - 6 years exp. (2.7k salaries)	₹0.8 L/yr - ₹7 L/yr 21% less	2 job openings
HCLTech Associate Salary 0 - 6 years exp. (1.9k salaries)	₹0.9 L/yr - ₹8.1 L/yr 27% less
Capgemini Associate Salary 0 - 4 years exp. (1.9k salaries)	₹0.6 L/yr - ₹7.2 L/yr 16% less	1 job opening
Ernst & Young Associate Salary 0 - 9 years exp. (1.9k salaries)	₹3.5 L/yr - ₹15 L/yr 91% more	27 job openings

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Associate salary at M&G PLC ranges between ₹3.7 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of M&G PLC.

Experience wise M&G PLC Associate salaries

Last Updated: 12 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in M&G PLC

Senior Associate Salary

(3 salaries)

₹4.9 L/yr - ₹8.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹22.2 L/yr - ₹28.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹17.9 L/yr - ₹22.9 L/yr

Senior Consultant Salary

(5 salaries)

₹24 L/yr - ₹27.07 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Salary related reviews for M&G PLC

Analysis in Mumbai

Full Time

Quality Assurance Department

2.0

• posted on 23 Mar 2023

3.0

for Salary and Benefits

Likes

They give good salary hike at a time of joining. Also work from home. Salary on time.

Dislikes

They don't have work flow continues. Then you should be work with other department. Less job security. If you have family / Home loan, then you should be strictly avoid this organization. You need to speek multiple stakeholders for get you own work, otherwise you will lose job. Also I got noticed, because I don't have work now.

Insurance Associate in Mumbai

Customer Success, Service & Operations Department

1.0

• posted on 02 Oct 2022

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

Horrible experience. Managers are bias .especially harjot singh .if you are under him life will turn hell .No worklife and personal life balance. Employees are forced to work on festivals. Leaves are sanctioned only for tenured employees.

Process Leader Quality Auditor in Mumbai

Customer Success, Service & Operations Department

3.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

Job security is there but... There is complete mismanagement, they are taking work but they do know how to manage and get the work done as there is no proper planning and work is not equally distributed

see more salary related reviews

Discover interview dos and don'ts from real experiences

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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M&G PLC Associate Salary FAQs

What is the salary of Associate at M&G PLC?

Associate salary at M&G PLC in India ranges between ₹3.7 Lakhs to ₹6.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 41% less than the average Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of M&G PLC India.

How does the salary of a Associate at M&G PLC India compare with the average salary range for this job?

The average salary of a Associate at M&G PLC is 41% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than M&G PLC to a Associate in India?

JPMorgan Chase & Co. Associate Salary - ₹10.5 Lakhs to ₹36.0 Lakhs per year
PwC Associate Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
ICICI Securities Associate Salary - ₹3.8 Lakhs to ₹10.3 Lakhs per year
Deloitte Associate Salary - ₹3.8 Lakhs to ₹12.8 Lakhs per year
Cognizant Associate Salary - ₹5.1 Lakhs to ₹15.9 Lakhs per year

What is the salary of a Associate in companies similar to M&G PLC in India?

Ernst & Young Associate Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
Infosys Associate Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
IBM Associate Salary - ₹1.9 Lakhs to ₹10.4 Lakhs per year
DXC Technology Associate Salary - ₹1.0 Lakhs to ₹9.5 Lakhs per year
LTIMindtree Associate Salary - ₹1.7 Lakhs to ₹8.4 Lakhs per year

What is the estimated take home salary of a Associate at M&G PLC in India?

The estimated take-home salary of a Associate at M&G PLC ranges between ₹32,953 per month to ₹34,223 per month in India. The take-home salary calculation is based on the average M&G PLC Associate salary in India which ranges between ₹3.7 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate at M&G PLC?

According to AmbitionBox, 100% of the M&G PLC Associates reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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M&G PLC Associate Salaries

M&G PLC Associate salary in India ranges between ₹3.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 M&G PLC latest salaries received from various employees of M&G PLC.