M&G PLC Mumbai Consulting Salaries by 5 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Senior Consultant 14 years exp. · Mumbai (AmbitionBox Estimate)	₹24.4 L/yr - ₹31.1 L/yr
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Senior Lead Consultant 12 years exp. · Mumbai (AmbitionBox Estimate)	₹35.1 L/yr - ₹44.9 L/yr
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Principal 14 years exp. · Mumbai (AmbitionBox Estimate)	₹51.3 L/yr - ₹56.7 L/yr
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Senior Process Excellence Manager 15 years exp. · Mumbai (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.1 L/yr
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Vice President 14 years exp. · Mumbai (AmbitionBox Estimate)	₹51.3 L/yr - ₹56.7 L/yr
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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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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

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M&G PLC interview questions by designations

Associate (1)Senior Manager (1)Team Manager Operations (1)

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Know more about M&G PLC Mumbai

M&G PLC Salary FAQs

What is the notice period at M&G PLC in Consulting Department in Mumbai?

According to AmbitionBox, 88% of the M&G PLC employees in Consulting Department in Mumbai reported a notice period of 3 Months, 12% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Average annual salary in Consulting department at M&G PLC , Mumbai is INR . Salary estimates are based on 5 M&G PLC latest salaries received from various employees of M&G PLC.