Mahindra Finance Mumbai Vice President- HR Salaries by 4 Employees

17 - 18 years exp.

₹40 Lakhs - ₹50 Lakhs

Salary of majority employees

Fixed (81%)

₹35 Lakhs

Variable (19%)

₹8.5 Lakhs

22% less than the average Vice President- HR Salary in NBFC Companies for 17 - 18 years of experience

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Last Updated: 22 Dec 2024

Companies similar to Mahindra Finance for Vice President- HR in Mumbai

Mahindra Finance Vice President- HR Salary

17 - 18 years exp. (4 salaries)

₹40 L/yr - ₹50 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Vice President- HR Salary 8 - 20 years exp. (12 salaries)	₹30 L/yr - ₹60 L/yr 9% more	1 job opening
Nomura Holdings Vice President- HR Salary 14 - 20 years exp. (9 salaries)	₹47 L/yr - ₹74 L/yr 35% more
Login to view exact salary
Morgan Stanley Vice President- HR Salary 10 - 16 years exp. (8 salaries)	₹30 L/yr - ₹65 L/yr 6% more
Kotak Mahindra Bank Vice President- HR Salary 14 - 21 years exp. (7 salaries)	₹34 L/yr - ₹60 L/yr 3% more
Wadia Group Vice President- HR Salary 20 - 23 years exp. (6 salaries)	₹70 L/yr - ₹93 L/yr 95% more

Vice President- HR salary at Mahindra Finance ranges between ₹40 Lakhs to ₹50 Lakhs per year for employees with experience between 17 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Vice President- HR salaries in Mumbai

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹40 L/yr - ₹50 L/yr
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Similar Designation salaries in Mahindra Finance

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Salary related reviews for Mahindra Finance

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

Job security - Excellent

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

Skill development - Bad

+2 more

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

Skill development - Good

+4 more

Dislikes

Compensation is decent but growth is slow after reaching managerial level

Area Business Manager in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 27 Dec 2024

5.0

for Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

Salary - Excellent

+5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

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

Salary - Excellent

+6 more

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

Promotions - Good

+1 more

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

Salary - Poor

+2 more

see more salary related reviews

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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 Finance Vice President- HR Salary FAQs

What is the salary of Vice President- HR at Mahindra Finance in Mumbai?

The average salary of a Vice President- HR at Mahindra Finance in Mumbai typically ranges from ₹40.0 Lakhs to ₹50.0 Lakhs per year, depending on experience (from 17 years to 18 years).

The top 10% of Vice President- HR in Mumbai at Mahindra Finance earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹50.0 Lakhs per year. Vice President- HR Salaries at Mahindra Finance 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 Finance employees in India.

What is the estimated take home salary of a Vice President- HR at Mahindra Finance in Mumbai?

The estimated take-home salary of a Vice President- HR at Mahindra Finance in Mumbai typically ranges from ₹2,57,045 to ₹2,67,531 per month. This is based on the average salary range of ₹40.0 Lakhs to ₹50.0 Lakhs per year for employees with experience ranging from 17 years to 18 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 Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mahindra Finance for Vice President- HR in India?

Wadia Group	₹70.0 Lakhs to ₹93.0 Lakhs per year
Nomura Holdings	₹47.0 Lakhs to ₹74.0 Lakhs per year
JPMorgan Chase & Co.	₹30.0 Lakhs to ₹60.0 Lakhs per year
Morgan Stanley	₹30.0 Lakhs to ₹65.0 Lakhs per year
Kotak Mahindra Bank	₹34.0 Lakhs to ₹60.0 Lakhs per year

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

How the salary growth look like for a Vice President- HR at Mahindra Finance in Mumbai?

The salary growth for a Vice President- HR at Mahindra Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Vice President- HR in Mumbai can expect the following growth trajectory at Mahindra Finance:

Experience	Average Salary Range
15 years	₹40.0 Lakhs to ₹50.0 Lakhs per year

and so on.

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Mahindra Finance Vice President- HR Salaries in Mumbai

Mahindra Finance Vice President- HR salary in Mumbai ranges between ₹40 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.