Mahindra Finance HR Generalist Salaries by 4 Employees (Updated 2024)

1 - 9 years exp.

₹2.6 Lakhs - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

26% less than the average HR Generalist Salary in NBFC Companies for 1 - 9 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Mahindra Finance for HR Generalist

Company name	Avg Annual Salary	Open Jobs
HDFC Bank HR Generalist Salary 1 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹10.9 L/yr 75% more
Shriram Finance HR Generalist Salary 1 - 14 years exp. (4 salaries)	₹2 L/yr - ₹9.5 L/yr 60% more
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L&T Finance HR Generalist Salary 1 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 12% more
Cholamandalam Investment & Finance HR Generalist Salary 1 - 4 years exp. (8 salaries)	₹2.5 L/yr - ₹3.5 L/yr 19% less
Muthoot Finance HR Generalist Salary 2 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹7 L/yr 8% more
Aditya Birla Capital HR Generalist Salary 0 - 2 years exp. (4 salaries)	₹5.7 L/yr - ₹16.5 L/yr 253% more
Sammaan Capital Limited HR Generalist Salary 1 - 13 years exp. (3 salaries)	₹2.8 L/yr - ₹20 L/yr 163% more
Mahindra Rural Housing Finance HR Generalist Salary 3 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹2.8 L/yr 24% less
IIFL Finance HR Generalist Salary 1 - 3 years exp. (3 salaries)	₹1.7 L/yr - ₹3.5 L/yr 27% less
Satin Creditcare Network HR Generalist Salary 4 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6 L/yr 34% more
SMFG India Credit HR Generalist Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 12% more
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HR Generalist salary at Mahindra Finance ranges between ₹2.6 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance HR Generalist salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.4 L/yr

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Top skills at Mahindra Finance for HR Generalist

Exit Interviews Onboarding Employee Grievances Employee Engagement Induction Background Verification

Salary related reviews for Mahindra Finance

2.0

Rated by 1 employees for salary & benefits

Assistant Manager- HR in Mumbai

Human Resources Department

3.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

1. People friendly organization 2. Good employee benefits policies 3. Job security

Dislikes

...ace since 2019 3. Extremely slow paced working environment 4. Poor PMS system 5. Salary is decent but career progress is slow 6. L&D team is made obsolete so no training is given to new joiners 7. Poor candidate experience for all new joiners as on boarding process is extremely complex

HR Business Partner in Mumbai

Human Resources Department

4.0

• posted on 25 Mar 2021

3.0

for Salary and Benefits

Likes

The best part of this organization is the HR system is strong and top management is always concerned about the well being of their employees

Dislikes

Compensation is decent but growth is slow after reaching managerial level

Circle Head in Kolkata

Full Time

Strategic & Top Management Department

3.0

• posted on 04 Nov 2024

2.0

for Salary and Benefits

Likes

Earlier it used to be Culture and company policies. But since the management has changed it’s a pathetic situation. Old employees at senior level of 22+ years in the organisation has also been sacked.

Dislikes

No work life balance Low salary growth for existing employees Weak management Poor policy

Senior Business Executive in Port Blair

Full Time

Marketing & Communication Department

5.0

• posted on 12 Oct 2024

5.0

for Salary and Benefits

Likes

... have small suggestion in future we can do less paper work business like bank. We can do better then bank but some were missing salary customers they prefer bank. We are giving quick dispendment but some paper missing we can't give same days. This my suggestion our mahindra

Dislikes

No never I said because this is great company iam pleasure with working them my experience is 13yrs I hope future I have an good position work with our Mahindra family... Thank you jai hind....

Area Business Manager in Kanpur

Full Time

Finance & Accounting Department

2.0

• posted on 07 Oct 2024

2.0

for Salary and Benefits

Likes

Salary on time Culture

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

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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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Mahindra Finance HR Generalist Salary FAQs

What is the salary of HR Generalist at Mahindra Finance?

HR Generalist salary at Mahindra Finance in India ranges between ₹2.6 Lakhs to ₹5.3 Lakhs for experience between 1 years to 9 years. According to our estimates it is 26% less than the average HR Generalist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a HR Generalist at Mahindra Finance India compare with the average salary range for this job?

The average salary of a HR Generalist at Mahindra Finance is 26% less than the average salary of a HR Generalist in India. To know exact salary insights, login to view.

What are the top skills required to work as a HR Generalist at Mahindra Finance?

Exit Interviews, Onboarding, Employee Grievances, Employee Engagement and Induction are some of the popular skills required to work as a HR Generalist at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a HR Generalist in India?

Aditya Birla Capital HR Generalist Salary - ₹5.7 Lakhs to ₹16.5 Lakhs per year
Sammaan Capital Limited HR Generalist Salary - ₹2.8 Lakhs to ₹20.0 Lakhs per year
HDFC Bank HR Generalist Salary - ₹1.8 Lakhs to ₹10.9 Lakhs per year
Shriram Finance HR Generalist Salary - ₹2.0 Lakhs to ₹9.5 Lakhs per year
Satin Creditcare Network HR Generalist Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year

What is the salary of a HR Generalist in companies similar to Mahindra Finance in India?

L&T Finance HR Generalist Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
SMFG India Credit HR Generalist Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Muthoot Finance HR Generalist Salary - ₹2.8 Lakhs to ₹7.0 Lakhs per year
Cholamandalam Investment & Finance HR Generalist Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance HR Generalist Salary - ₹2.7 Lakhs to ₹2.8 Lakhs per year

What is the estimated take home salary of a HR Generalist at Mahindra Finance in India?

The estimated take-home salary of a HR Generalist at Mahindra Finance ranges between ₹26,144 per month to ₹27,566 per month in India. The take-home salary calculation is based on the average Mahindra Finance HR Generalist salary in India which ranges between ₹2.6 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for HR Generalist at Mahindra Finance?

According to AmbitionBox, 67% of the Mahindra Finance HR Generalists reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Finance HR Generalist Salaries

Mahindra Finance HR Generalist salary in India ranges between ₹2.6 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.