Matrix Business Services Mumbai Associate Salaries by 4 Employees

3 - 4 years exp.

₹2.1 Lakhs - ₹2.3 Lakhs

Salary of majority employees

72% less than the average Associate Salary in Analytics & KPO Companies for 3 - 4 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Data Science & Analytics Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 14 Mar 2023

Companies similar to Matrix Business Services for Associate in Mumbai

Matrix Business Services Associate Salary

3 - 4 years exp. (4 salaries)

₹2.1 L/yr - ₹2.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Crisil Associate Salary 0 - 6 years exp. (174 salaries)	₹2.6 L/yr - ₹12.5 L/yr 249% more	4 job openings
Netscribes Associate Salary 0 - 4 years exp. (28 salaries)	₹1.2 L/yr - ₹3.9 L/yr 4% more
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Moody's Associate Salary 2 - 4 years exp. (9 salaries)	₹7 L/yr - ₹10.1 L/yr 327% more	1 job opening
Karvy Data Management Services Associate Salary 1 - 2 years exp. (3 salaries)	₹1.4 L/yr - ₹2.2 L/yr 12% less
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (3k salaries)	₹10 L/yr - ₹43.1 L/yr 1014% more	59 job openings

Associate salary at Matrix Business Services ranges between ₹2.1 Lakhs to ₹2.3 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Matrix Business Services.

Experience wise Matrix Business Services Associate salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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4 years (3 salaries)	₹2.1 L/yr - ₹2.3 L/yr

Similar Designation salaries in Matrix Business Services

Team Lead Salary

(11 salaries)

₹2.94 L/yr - ₹3.75 L/yr

Salary related reviews for Matrix Business Services

Senior Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Nov 2024

1.0

for Salary and Benefits

Likes

There are some good people around me, we get salary on time, nearby location.

Dislikes

Management, company politics. Alot of salary deduction, poor HR services, especially this problem are with EBGC department, doesn't get recognition for our hard work, don't get proper promotion, some people always do back bitching about our personal life.

Salary - Bad

+5 more

Senior Executive in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 29 Jun 2024

1.0

for Salary and Benefits

Likes

We can learn Excel and formulas, only suitable for freshers to start their career

Skill development - Good

+1 more

Dislikes

Low salary hikes, office politics and worst work environment their is no enough space for having food in cafeteria there is no enough space for parking vehicles, No women's safety, Bad Management, employees treated very bad manner from some of the manager's.

Salary - Bad

+4 more

Assistant Team Leader in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 15 Jun 2024

1.0

for Salary and Benefits

Likes

Your job is secure only if your one of the Family Member of the Managers hear, even if u r don't contribute You are paid decent hike and recognition only if you are like a pet for your Managers

Skill development - Good

Dislikes

...son who is have lunch to wait for you turn to grab a chair to finish your lunch. People are treated like School Kids Salary is lowest. Forget about hike % Women Security is gone for toes even after I complaining, Instead of addressing the issue, I had been told not to go out in front of him

Salary - Bad

+4 more

Assistant Manager in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 01 Jan 2025

3.0

for Salary and Benefits

Likes

For freshers it's very good place to learn things,

Job security - Good

+2 more

Dislikes

Salary structure is not good, if work untimely also not providing any additional benefits, need to do salary correction as per present market, existing employee company need to focus on stay in company

Back Office Executive in Noida

Full Time

Finance & Accounting Department

4.0

• posted on 02 May 2023

3.0

for Salary and Benefits

Likes

... with matrix since last one year overall experience with this company is good Salary is on time sometime delayed not regular And management is also good

Job security - Good

+1 more

Dislikes

Main issue with matrix is salary and appraisal In regards of salary we are not happy they are not increasing it by themselves we have to approach so many times for doing it

Skill development - Poor

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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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Matrix Business Services Associate Salary FAQs

What is the salary of Associate at Matrix Business Services in Mumbai?

The average salary of a Associate at Matrix Business Services in Mumbai typically ranges from ₹2.1 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Associate in Mumbai at Matrix Business Services earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Associate Salaries at Matrix Business Services 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 Matrix Business Services employees in India.

What is the estimated take home salary of a Associate at Matrix Business Services in Mumbai?

The estimated take-home salary of a Associate at Matrix Business Services in Mumbai typically ranges from ₹15,040 to ₹16,611 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 3 years 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 Matrix Business Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Matrix Business Services for Associate in India?

JPMorgan Chase & Co.	₹10.0 Lakhs to ₹43.1 Lakhs per year
Moody's	₹7.0 Lakhs to ₹10.1 Lakhs per year
Crisil	₹2.6 Lakhs to ₹12.5 Lakhs per year
Netscribes	₹1.2 Lakhs to ₹3.9 Lakhs per year

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

What is the salary of a Associate in companies similar to Matrix Business Services in Mumbai?

The salary of a Associate at companies similar to Matrix Business Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karvy Data Management Services

₹1.4 Lakhs to ₹2.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Associate at Matrix Business Services in Mumbai?

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

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹2.4 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.3 Lakhs per year

and so on.

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Matrix Business Services Associate Salaries in Mumbai

Matrix Business Services Associate salary in Mumbai ranges between ₹2.1 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Matrix Business Services latest salaries received from various employees of Matrix Business Services.