Mahindra Finance Payroll Manager Salaries by 2 Employees

14 - 21 years exp.

₹15.8 Lakhs - ₹20.1 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 15 Mar 2023

Companies similar to Mahindra Finance for Payroll Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Payroll Manager Salary 12 - 15 years exp. (3 salaries)	₹15.7 L/yr - ₹18 L/yr 4% less
HDB Financial Services Payroll Manager Salary 12 - 25 years exp. (5 salaries)	₹10.3 L/yr - ₹13 L/yr 33% less
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IIFL Finance Payroll Manager Salary 13 - 15 years exp. (3 salaries)	₹7.7 L/yr - ₹12 L/yr 47% less
Spandana Sphoorty Financial Payroll Manager Salary 15 - 16 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 41% less
Amazon Payroll Manager Salary 6 - 19 years exp. (23 salaries)	₹13 L/yr - ₹32.9 L/yr 19% more	1 job opening

Payroll Manager salary at Mahindra Finance ranges between ₹15.8 Lakhs to ₹20.1 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 2 latest salaries received from various employees of Mahindra Finance.

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Salary related reviews for Mahindra Finance

Sales Executive in Salem

Full Time

Finance & Accounting Department

2.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Can learn everything thing

Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

Salary - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 29 Oct 2024

5.0

for Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Collections Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 21 Jun 2023

4.0

for Salary and Benefits

Likes

Mahindra and Mahindra company is very best industry, this company staff & senior is very helpfull , & company culture and company timing is the best.

Salary - Good

+3 more

Dislikes

Mahindra and Mahindra company neither promotes it's employee nor increase the salary in appraisal.

Promotions - Poor

Relationship Manager in Chandigarh

Full Time

Sales & Business Development Department

1.0

• posted on 31 Jul 2020

1.0

for Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

Salary - Bad

+6 more

Collection Officer in Dehradoon

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

There is nothing to say on this matter... Because its really unworthy to work on this company.

Dislikes

...ny. 4- high authority recommended person will get promoted rather than others. 5- doesn't want to pay their employes good enough as others companies do 6- very poor incentive slabs and criteria. Many more........things to be change..

Salary - Bad

+5 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mahindra Finance Payroll Manager Salary FAQs

How the salary growth look like for a Payroll Manager at Mahindra Finance in India?

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

Experience	Average Salary Range
14 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
15 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Mahindra Finance Payroll Manager Salaries

Mahindra Finance Payroll Manager salary in India ranges between ₹15.8 Lakhs to ₹20.1 Lakhs. This is an estimate based on latest salaries received from employees of Mahindra Finance.

Mahindra Finance Payroll Manager salaries in India

Companies similar to Mahindra Finance for Payroll Manager

Similar Designation salaries in Mahindra Finance

Salary related reviews for Mahindra Finance

Sales Executive in Salem

Deputy Manager in Mumbai

Collections Manager in New Delhi

Relationship Manager in Chandigarh

Collection Officer in Dehradoon

Mahindra Finance Payroll Manager Salary FAQs

Tell us how to improve this page.