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Megasoft Payroll Executive salaries in India

Annual salary range
2 - 7 years exp.
₹4 Lakhs - ₹4.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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27% more than the average Payroll Executive Salary in IT Services & Consulting Companies for 2 - 7 years of experience

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Salaries in different departments

Human Resources
Payroll Executive Salary
5 - 7 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.3 L/yr

Finance & Accounting
Payroll Executive Salary
2 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 11 Oct 2024

Companies similar to Megasoft for Payroll Executive

Company name Avg Annual Salary Open Jobs
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₹1.9 L/yr - ₹6.3 L/yr

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Team Lease Payroll Executive Salary

0 - 5 years exp. (125 salaries)

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₹1.8 L/yr - ₹5.1 L/yr

arrow icon 17% less
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PaySquare Consultancy Payroll Executive Salary

1 - 6 years exp. (120 salaries)

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₹1.2 L/yr - ₹4.8 L/yr

arrow icon 32% less
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₹2.5 L/yr - ₹8 L/yr

arrow icon 16% more
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Mynd Solutions Private Payroll Executive Salary

1 - 5 years exp. (106 salaries)

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₹1.7 L/yr - ₹6 L/yr

arrow icon 15% less
Payroll Executive salary at Megasoft ranges between ₹4 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Megasoft.

Latest annual salaries shared by Megasoft Payroll Executive

3mo ago
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2 years exp.
5mo ago
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7 years exp.
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6 years exp.
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5 years exp.

Experience wise Megasoft Payroll Executive salaries

Last Updated: 11 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
View all

Similar Designation salaries in Megasoft

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₹3 L/yr - ₹4 L/yr
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₹5 L/yr - ₹5.2 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Team Lead Salary
(4 salaries)
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₹8 L/yr - ₹9 L/yr

Salary related reviews for Megasoft

Engineering - Hardware & Networks Department

1.0
  •  posted on 02 Nov 2018

1.0
 for  Salary and Benefits

Likes

...o learn new technologies and can access to new technologies hands on exposure. Every thing here is self learning, no mentors no training, no appraisal, no salary in time

read more
  • Skill development - Good
  • +1 more

Dislikes

No salary in time.,no hike for long time

  • Salary - Bad
  • +3 more

Technical Department

1.0
  •  posted on 07 May 2018

2.0
 for  Salary and Benefits

Likes

Documentation

Dislikes

No Carrier growth, No salary increments, No respect from management to employes, long delay of salaries, benifits like coupons, salary advances, team outings are only in documents, not in reality, there is no end for work, but not capable to get payments from customers for the services/products provided. Managers finance team says they are not able to pay salaries now, but promises to clear in future. Wont reduce notice period, wont cancel 3years of bond even not able to pay monthly salary. They say company policies which cant change. But they take paying salaries is not company policy. They state pending salaries are not unproffessional thing. Pending salaries for 4 months

read more
  • Salary - Poor
  • +5 more

Engineering - Software & QA Department

1.0
  •  posted on 04 Apr 2018

1.0
 for  Salary and Benefits

Likes

They are not providing salary for last 6 months on time.There is 4 months pending salary till now. No hikes lot of work don't follow any flow for requirements

read more
  • Skill development - Good

Dislikes

Not even concentrate on basic employees need

  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Sep 2023

1.0
 for  Salary and Benefits

Likes

Very pathetic culture 🙄 and very bad Management Specially who are in the Management team . No personal life balance in this company No work from home No work flexibility No carrier growth No personal development

read more

Dislikes

Management Work culture

  • Salary - Bad
  • +6 more

Full Time

 · 

Engineering - Hardware & Networks Department

5.0
  •  posted on 14 Jun 2023

2.0
 for  Salary and Benefits

Likes

Nothing will like

  • Company culture - Good

Dislikes

12 hrs shift Strict timings Stay away of these people Senior management politics Hrs are sending notice to ur home like threating kids to students Strict hr policy's Even bus driver also will take some rest after 4 hrs duty

read more
  • Salary - Poor
  • +5 more
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Megasoft Payroll Executive Salary FAQs

What is the salary of Payroll Executive at Megasoft ?
The average salary of a Payroll Executive at Megasoft in India typically ranges from ₹4.0 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Payroll Executive at Megasoft earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Payroll Executive Salaries at Megasoft 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 Megasoft employees in India.
What is the estimated take home salary of a Payroll Executive at Megasoft in India?
The estimated take-home salary of a Payroll Executive at Megasoft in India typically ranges from ₹32,141 to ₹33,423 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 2 years to 7 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 Megasoft. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Megasoft for Payroll Executive in India?
Automatic Data Processing (ADP) ₹2.5 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Megasoft, depending on the role and experience level.
What is the salary of a Payroll Executive in companies similar to Megasoft in India?
The salary of a Payroll Executive at companies similar to Megasoft in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mynd Solutions Private ₹1.7 Lakhs to ₹6.0 Lakhs per year
Team Lease ₹1.8 Lakhs to ₹5.1 Lakhs per year
Ascent HR Technologies Private Limited ₹1.9 Lakhs to ₹6.3 Lakhs per year
PaySquare Consultancy ₹1.2 Lakhs to ₹4.8 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 Payroll Executive at Megasoft in India?
The salary growth for a Payroll Executive at Megasoft depends on factors such as experience, performance, and promotions. On average, a Payroll Executive can expect the following growth trajectory at Megasoft:

Experience Average Salary Range
2 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
3 years ₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
and so on.

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Megasoft Payroll Executive salary in India ranges between ₹4 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Megasoft latest salaries received from various employees of Megasoft.