Merit Research Analyst Salaries by 10+ Employees

1 - 4 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

42% less than the average Research Analyst Salary for 1 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Research Analyst Salary 1 - 4 years exp. (8 salaries)	₹2 L/yr - ₹4.5 L/yr
Data Science & Analytics Research Analyst Salary 2 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹3.6 L/yr
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Finance & Accounting Research Analyst Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr

Last Updated: 23 Aug 2024

Companies similar to Merit for Research Analyst

Company name	Avg Annual Salary	Open Jobs
WNS Research Analyst Salary 1 - 9 years exp. (201 salaries)	₹2 L/yr - ₹11 L/yr 139% more
Deloitte Research Analyst Salary 0 - 5 years exp. (149 salaries)	₹5.5 L/yr - ₹15 L/yr 250% more
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Wipro Research Analyst Salary 0 - 6 years exp. (128 salaries)	₹1.8 L/yr - ₹6 L/yr 20% more
TCS Research Analyst Salary 1 - 7 years exp. (110 salaries)	₹1.5 L/yr - ₹8 L/yr 37% more
Cognizant Research Analyst Salary 0 - 6 years exp. (88 salaries)	₹1.8 L/yr - ₹8 L/yr 47% more
JPMorgan Chase & Co. Research Analyst Salary 1 - 7 years exp. (88 salaries)	₹10.1 L/yr - ₹16.6 L/yr 264% more
Amazon Research Analyst Salary 1 - 7 years exp. (70 salaries)	₹1.5 L/yr - ₹7 L/yr 84% more	2 job openings
Accenture Research Analyst Salary 2 - 7 years exp. (41 salaries)	₹3 L/yr - ₹9.9 L/yr 110% more
Ernst & Young Research Analyst Salary 0 - 5 years exp. (41 salaries)	₹3.6 L/yr - ₹14.7 L/yr 183% more
Teleperformance Research Analyst Salary 0 - 3 years exp. (33 salaries)	₹1.7 L/yr - ₹2.8 L/yr 25% less
Concentrix Corporation Research Analyst Salary 0 - 13 years exp. (21 salaries)	₹1.8 L/yr - ₹5.7 L/yr 18% more
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Genpact Research Analyst Salary 0 - 7 years exp. (13 salaries)	₹3 L/yr - ₹8.3 L/yr 37% more
HDFC Bank Research Analyst Salary 0 - 8 years exp. (12 salaries)	₹4.2 L/yr - ₹13 L/yr 172% more
Capgemini Research Analyst Salary 0 - 5 years exp. (12 salaries)	₹2.6 L/yr - ₹6.5 L/yr 116% more
PwC Research Analyst Salary 0 - 5 years exp. (10 salaries)	₹3.3 L/yr - ₹6.5 L/yr 86% more
IBM Research Analyst Salary 0 - 10 years exp. (9 salaries)	₹2 L/yr - ₹5.6 L/yr 40% more
HCLTech Research Analyst Salary 2 - 3 years exp. (8 salaries)	₹3.5 L/yr - ₹7.1 L/yr 127% more
ICICI Bank Research Analyst Salary 0 - 3 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 415% more
LTIMindtree Research Analyst Salary 2 - 7 years exp. (6 salaries)	₹7 L/yr - ₹10 L/yr 199% more
Tech Mahindra Research Analyst Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹7 L/yr 70% more

View all

Research Analyst salary at Merit ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 15 latest salaries received from various employees of Merit.

Experience wise Merit Research Analyst salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr
2 years (4 salaries)	₹2 L/yr - ₹3.6 L/yr
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3 years (6 salaries)	₹2.5 L/yr - ₹3.6 L/yr
4 years (3 salaries)	₹2.9 L/yr - ₹4.5 L/yr

Similar Designation salaries in Merit

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Senior Research Associate Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Software Engineer Salary

(4 salaries)

₹3 L/yr - ₹10.71 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Assistant Professor Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Software Engineer Salary

(4 salaries)

₹5.65 L/yr - ₹20.92 L/yr

Salary related reviews for Merit

2.0

Rated by 3 employees for salary & benefits

Senior Telecaller in Chennai

Voice Process Department

5.0

• posted on 21 Sep 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture the best and coolest CEO ever .

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and management doesn’t address our issue at times. Salary is pretty low even though being in this company for 2 years now , career growth is pretty slow.

Research Analyst in Chennai

Customer Success, Service & Operations Department

1.0

• posted on 09 Sep 2020

1.0

for Salary and Benefits

Likes

Other companies started layoff after COVID But merit started layoff before that. They didnt value associates who worked for them, A sudden call from a Manager states that today is ur last day. No Job Guarantee no Job satisfaction but the work pressure is such huge

Dislikes

Everything dont run like a corporate, They behave like a small company and the worst thing is work pressure is comparatively more after lockdown where situation leeded to we put break and still work. Lot of Partiality . There is no proper Management behaves very cheap.

Salary - Bad

+6 more

Research Analyst in Chennai

Customer Success, Service & Operations Department

3.0

• posted on 22 Nov 2020

3.0

for Salary and Benefits

Likes

Overall it's good experience and shift timings are really good. There are lots of opportunities to learn about our carrier and how to handle time management.

Skill development - Good

+3 more

Dislikes

There is no planning, like if we have team outings, even in the projects as well.

Senior Tele Researcher in Ambattur Chennai

Customer Service Department

5.0

• posted on 22 Sep 2020

5.0

for Salary and Benefits

Likes

It was a wonderful experience working in merit software Pvt Ltd and I loved the work I did. Managers were helpful n we enjoyed our work environment

Salary - Excellent

+6 more

Dislikes

Nothing in particular just that the building was too interior however now it's moved to a different location

Process Trainer Coach in Ambattur

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 07 Jul 2023

3.0

for Salary and Benefits

Likes

Work life balance is excellent at Merit, They open new avenues for our skillset, permit and foster innovation and creative thinking, promote new ideas from people, great corporate culture, salary was as per banding, no disparity among staff, more family like work culture

Skill development - Good

+5 more

Dislikes

Everything about Merit was great. I had to quit because of health reasons.

see more salary related reviews

Top trending discussions

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Salary Discussions, Hike & Promotions

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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Merit Research Analyst Salary FAQs

What is the salary of Research Analyst at Merit ?

The average salary of a Research Analyst at Merit in India typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Research Analyst at Merit earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Research Analyst Salaries at Merit 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 10+ Merit employees in India.

What is the estimated take home salary of a Research Analyst at Merit in India?

The estimated take-home salary of a Research Analyst at Merit in India typically ranges from ₹20,645 to ₹22,299 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year 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 10+ salaries received from various employees of Merit. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Merit for Research Analyst in India?

ICICI Bank	₹9.0 Lakhs to ₹18.0 Lakhs per year
JPMorgan Chase & Co.	₹10.1 Lakhs to ₹16.6 Lakhs per year
Deloitte	₹5.5 Lakhs to ₹15.0 Lakhs per year
LTIMindtree	₹7.0 Lakhs to ₹10.0 Lakhs per year
Ernst & Young	₹3.6 Lakhs to ₹14.7 Lakhs per year

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

What is the salary of a Research Analyst in companies similar to Merit in India?

The salary of a Research Analyst at companies similar to Merit in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹4.2 Lakhs to ₹13.0 Lakhs per year
WNS	₹2.0 Lakhs to ₹11.0 Lakhs per year
HCLTech	₹3.5 Lakhs to ₹7.1 Lakhs per year
Capgemini	₹2.6 Lakhs to ₹6.5 Lakhs per year
Accenture	₹3.0 Lakhs to ₹9.9 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 Research Analyst at Merit in India?

The salary growth for a Research Analyst at Merit depends on factors such as experience, performance, and promotions. On average, a Research Analyst can expect the following growth trajectory at Merit:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.9 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.9 Lakhs to ₹4.5 Lakhs per year

and so on.

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Merit Research Analyst Salaries

Merit Research Analyst salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Merit latest salaries received from various employees of Merit.