Motilal Oswal Financial Services Payroll Manager Salaries by 3 Employees (Updated 2024)

12 - 15 years exp.

₹11.5 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

6% more than the average Payroll Manager Salary in Financial Services Companies for 12 - 15 years of experience

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Last Updated: 10 Oct 2024

Companies similar to Motilal Oswal Financial Services for Payroll Manager

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Payroll Manager Salary 15 - 19 years exp. (4 salaries)	₹14 L/yr - ₹21 L/yr 31% more
Amazon Payroll Manager Salary 6 - 17 years exp. (19 salaries)	₹14 L/yr - ₹32 L/yr 37% more
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Automatic Data Processing (ADP) Payroll Manager Salary 5 - 17 years exp. (14 salaries)	₹7.8 L/yr - ₹17.8 L/yr 16% less
Accenture Payroll Manager Salary 8 - 17 years exp. (13 salaries)	₹9.5 L/yr - ₹24.4 L/yr 7% more
Brooks Consulting Payroll Manager Salary 6 - 12 years exp. (11 salaries)	₹4.8 L/yr - ₹8 L/yr 56% less

Payroll Manager salary at Motilal Oswal Financial Services ranges between ₹11.5 Lakhs to ₹17 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 3 latest salaries received from various employees of Motilal Oswal Financial Services.

Experience wise Motilal Oswal Financial Services Payroll Manager salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
14 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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15+ years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr

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Salary related reviews for Motilal Oswal Financial Services

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing to like about MOFSL No work life balance at all. Toxic work environment.

Dislikes

...e sales target, no training job products. Hr & manager is not supportive at all. Even salary is deduced without prior notice to employees. if target not achieved. Fnf settlement even not paid if they have terminated u in notice period. Pls don't join here.

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 18 Dec 2023

3.0

for Salary and Benefits

Likes

Being always supportive nature here including managers, HRs. They keep motivating and focus on our work. our work is always been appreciated at MOFSL, also faced some challenges in work but with the help of seniors was able to overcome it. love to work at MOTILAL OSWAL Financial Services Limited.

Dislikes

Nothing as of such, just salary hike is slow

Operations Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Dec 2023

4.0

for Salary and Benefits

Likes

Team work and contribution of our seniors, we are working in a group and it is our strength, that's why i am here after a long period

Dislikes

promotion is pending since long, bonus should be increase, rest all are good.

Relationship Manager in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 May 2023

3.0

for Salary and Benefits

Likes

Management teams are good you will never face any kind of issue regarding your salary.

Dislikes

Maximum time politics you will face in every department and infront you they will be like all things are good but behind you they talk shit about you if you ask for any kind of help they will say yes and forget, you will never get any help for any things. Everyone wants to be boss here. Talking in a same tone every time and big big promises every were. Don't trust anyone here if you trust them in every manger. Then it's your fault in case of your manager or colleagues.

Sales Executive in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Oct 2023

5.0

for Salary and Benefits

Likes

Company is really very good... Staff like Hr admin security also fantastic... Salary is on time. paid leaves 45 in a year. Company also provide picnic facility, month's last Friday as fun Friday along with snacks, extra programs from HR team and big function on annual day.

Dislikes

If you wanna die then join thane branch of this company. Never logout on time, sometime 8.30 pm, sometimes 8pm and if your luck is with you then 7.30pm. working on Sunday, sometime working on companies holiday. In the morning if late for just 2min manager will give lecture minimum 30 min. He will compare you with everyone no matter how your performance is. And specially if you are Muslim no break for namaz on fridays. no early leave in ramzan month. According to him if you are keeping roja then you have to manage your own. No mercy.

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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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Motilal Oswal Financial Services Payroll Manager Salary FAQs

What is the notice period for Payroll Manager at Motilal Oswal Financial Services?

According to AmbitionBox, 100% of the Motilal Oswal Financial Services Payroll Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Motilal Oswal Financial Services Payroll Manager Salaries

Motilal Oswal Financial Services Payroll Manager salary in India ranges between ₹11.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Motilal Oswal Financial Services latest salaries received from various employees of Motilal Oswal Financial Services.