Mahindra & Mahindra Business Associate Salaries by 4 Employees

1 - 4 years exp.

₹2.4 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Business Associate Salary in Automobile Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.3 L/yr
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Media Production & Entertainment Business Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 27 Dec 2023

Companies similar to Mahindra & Mahindra for Business Associate

Company name	Avg Annual Salary	Open Jobs
Ford Motor Business Associate Salary 0 - 9 years exp. (5 salaries)	₹3.3 L/yr - ₹8 L/yr 82% more
Tata Motors Business Associate Salary 1 - 13 years exp. (3 salaries)	₹3 L/yr - ₹23 L/yr 378% more
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Toyota Business Associate Salary 1 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹20 L/yr 254% more
Tech Mahindra Business Associate Salary 0 - 9 years exp. (1.2k salaries)	₹2.3 L/yr - ₹10.5 L/yr 122% more	1 job opening
TCS Business Associate Salary 1 - 7 years exp. (946 salaries)	₹1 L/yr - ₹9.7 L/yr 85% more

Business Associate salary at Mahindra & Mahindra ranges between ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Business Associate salaries

Last Updated: 27 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr

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Salary related reviews for Mahindra & Mahindra

3.0

Rated by 1 employees for salary & benefits

Senior Software Engineer in Coimbatore

Full Time

Engineering - Software & QA Department

2.0

• posted on 25 Dec 2024

3.0

for Salary and Benefits

Likes

I only like work. Except for that work life balance is not good Compensation is ok Hike ok Overall company culture is not good

Skill development - Good

Dislikes

Company culture It feels like we worked for 3 yr but actually its 1.5 yr only. With this example I think you can guess what I'm trying to say.

Company culture - Bad

+1 more

Senior Associate in Lucknow

Full Time

Finance & Accounting Department

3.0

• posted on 18 Nov 2024

3.0

for Salary and Benefits

Likes

Work culture Some say that the work culture is good and that the company is people friendly.

Skill development - Good

Dislikes

Salary: Some say that the salary is low compared to the job description Growth: Some say that there is slow growth for existing employees Work-life balance: Some say that the work-life balance is unstable Management: Some say that there is too much hierarchical management

Promotions - Poor

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Mahindra & Mahindra Business Associate Salary FAQs

What is the salary of Business Associate at Mahindra & Mahindra ?

The average salary of a Business Associate at Mahindra & Mahindra in India typically ranges from ₹2.4 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Business Associate at Mahindra & Mahindra earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Business Associate Salaries at Mahindra & Mahindra 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 4 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Business Associate at Mahindra & Mahindra in India?

The estimated take-home salary of a Business Associate at Mahindra & Mahindra in India typically ranges from ₹18,130 to ₹19,821 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 salaries received from various employees of Mahindra & Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra & Mahindra for Business Associate in India?

Tata Motors	₹3.0 Lakhs to ₹23.0 Lakhs per year
Toyota	₹2.2 Lakhs to ₹20.0 Lakhs per year
Tech Mahindra	₹2.3 Lakhs to ₹10.5 Lakhs per year
TCS	₹1.0 Lakhs to ₹9.7 Lakhs per year
Ford Motor	₹3.3 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra & Mahindra, depending on the role and experience level.

How the salary growth look like for a Business Associate at Mahindra & Mahindra in India?

The salary growth for a Business Associate at Mahindra & Mahindra depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at Mahindra & Mahindra:

Experience	Average Salary Range
1 year	₹0.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.8 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.3 Lakhs per year

and so on.

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Mahindra & Mahindra Business Associate Salaries

Mahindra & Mahindra Business Associate salary in India ranges between ₹2.4 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.