Merito Salaries by 30+ Employees (Updated 2024)

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Human Resources

Designation	Avg Annual Salary	Open Jobs
US Recruiter 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Merito

4.1

Rated by 6 employees for salary & benefits

Business Analyst in Pune

Full Time

Sales & Business Development Department

5.0

• posted on 19 Oct 2023

5.0

for Salary and Benefits

Likes

I've had the privilege of working at Merito for the past year as a Business Analyst, and it has been a fantastic experience. The company's commitment to innovation, transparent culture and support for professional growth make it an outstanding place to work. I'm proud to be part of the Merito team and look forward to contributing to it's continued success.

Senior Recruitment Executive in Pune

Full Time

Human Resources Department

5.0

• posted on 19 Oct 2023

4.0

for Salary and Benefits

Likes

The best part about working here is the kind help and support offered by the founders. They consider the company as an extension of their family and treat everyone like family members.

Dislikes

Sometimes I felt that we needed to be more aggressive in our approach to scale newer heights.

Management Staff in Mumbai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 12 Aug 2023

3.0

for Salary and Benefits

Likes

Challenges you to learn new things quickly

Dislikes

1. Bureaucratic culture (one-way decision-making) 2. Ingroup (yes-men) - favoured; outgroup - discriminated against 3. Toxic work culture (e.g., dishonest mgmt, heavy politics, long working hours forced on employees, personal life discouraged) 4. Mgmt lacks long-term vision i.e., solutions delivered w/o concrete problem statement. Strategy changed last minute based on mgmt's whims and fancies

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Merito Salary FAQs

What is the minimum salary in Merito?

Minimum salary at Merito depends on the role you are applying for. For Creative Designer the minimum salary is ₹1.9 Lakh to ₹2.5 Lakhs per year, and for Cashier the minimum salary is ₹1.9 Lakh to ₹2.5 Lakhs per year and so on.

What is the notice period at Merito?

According to AmbitionBox, 67% of the Merito employees reported a notice period of 15 days or less, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.