Mahindra Insurance Brokers People Development Manager Salaries by 3 Employees

13 - 15 years exp.

₹11.5 Lakhs - ₹13.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

17% more than the average People Development Manager Salary in Insurance Companies for 13 - 15 years of experience

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Last Updated: 3 May 2024

Companies similar to Mahindra Insurance Brokers for People Development Manager

Company name	Avg Annual Salary	Open Jobs
Godrej & Boyce Manufacturing People Development Manager Salary 0 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹3 L/yr 82% less
McDonald's People Development Manager Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹4.3 L/yr 76% less
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Godrej Industries Group People Development Manager Salary 0 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 83% less
Optum Global Solutions People Development Manager Salary 9 - 11 years exp. (3 salaries)	₹18.3 L/yr - ₹20 L/yr 50% more

People Development Manager salary at Mahindra Insurance Brokers ranges between ₹11.5 Lakhs to ₹13.8 Lakhs per year for employees with experience between 13 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Mahindra Insurance Brokers.

Experience wise Mahindra Insurance Brokers People Development Manager salaries

Last Updated: 3 May 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
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15+ years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr

Similar Designation salaries in Mahindra Insurance Brokers

Deputy Manager Salary

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₹3.3 L/yr - ₹10 L/yr

Team Lead Salary

(4 salaries)

₹8.5 L/yr - ₹11.4 L/yr

Manager HRD Salary

(AmbitionBox Estimate)

₹13.4 L/yr - ₹17.1 L/yr

Talent Acquisition Specialist Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for Mahindra Insurance Brokers

Area Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 15 Jan 2025

2.0

for Salary and Benefits

Likes

Mid level managers are not supported to grow ground team in terms appraisal promotions to management,work balance also not manageable.

Dislikes

Salary hike not up to the mark if achieve annual target 100% and more than ,variables policy announced very late after completing 100%

Salary - Poor

+2 more

Senior Application Support Engineer in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Activity going on weekend (every Friday) Supporting people and management. Good environment to work Birthday celebration all together with team.

Salary - Good

+4 more

Dislikes

...mething new or promotion is not good in our field As per my personal experience. Salary hike appraisal delayed this year. Work load is not managed properly.

Deputy Area Manager in Hazaribag

Full Time

Sales & Business Development Department

5.0

• posted on 25 Jun 2022

5.0

for Salary and Benefits

Likes

...ve teammates are supportive. Management is transparent ,company policy are good.job security, appraisal are fair and they give good salary hike.

Salary - Excellent

+6 more

Dislikes

Verticalisation ,politics salary is good but career growth is slow,

Senior Territory Manager in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 29 May 2021

1.0

for Salary and Benefits

Likes

... Assist, Wedding Bonus, New born baby gift, Medical assist, Birthday gift etc. Main Part - Salary slab was very worst and no increment, Executives stay 5 + year experience but salary at end they only out for 230000PA and starts with 180000 PA which is terrible and all work for salary that is not get what we work. Incentive was not given proper time as per time line eg: Quarterly plan, they provide incentive after 6months of that quarter and they not provide calculation for that incentive what we received

Salary - Bad

+6 more

Senior Business Development Executive in Bhubaneswar

BFSI, Investments & Trading Department

4.0

• posted on 12 May 2018

3.0

for Salary and Benefits

Likes

There is a friendly atmosphere to work here,we have maintain a good work life balance here and the most important thing is we have more job security here.

Skill development - Good

+4 more

Dislikes

Here the salary and remuneration is not good as compared of other industry.

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Mahindra Insurance Brokers People Development Manager Salary FAQs

How the salary growth look like for a People Development Manager at Mahindra Insurance Brokers in India?

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

Experience	Average Salary Range
13 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
14 years	₹12.1 Lakhs to ₹15.5 Lakhs per year
15 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

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Mahindra Insurance Brokers People Development Manager Salaries

Mahindra Insurance Brokers People Development Manager salary in India ranges between ₹11.5 Lakhs to ₹13.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Mahindra Insurance Brokers latest salaries received from various employees of Mahindra Insurance Brokers.