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Mphasis Reconciliation Associate salaries in India

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹4 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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21% less than the average Reconciliation Associate Salary in IT Services & Consulting Companies for 1 - 6 years of experience

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Last Updated: 3 Nov 2024

Companies similar to Mphasis for Reconciliation Associate

Company name Avg Annual Salary Open Jobs
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TCS Reconciliation Associate Salary

1 - 3 years exp. (7 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

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Wipro Reconciliation Associate Salary

1 - 7 years exp. (5 salaries)

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₹2.2 L/yr - ₹5.2 L/yr

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LTIMindtree Reconciliation Associate Salary

3 - 5 years exp. (3 salaries)

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₹7.7 L/yr - ₹9.4 L/yr

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NTT DATA Reconciliation Associate Salary

0 - 5 years exp. (3 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 7% more
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₹5 L/yr - ₹6 L/yr

arrow icon 85% more
Reconciliation Associate salary at Mphasis ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Mphasis.

Latest annual salaries shared by Mphasis Reconciliation Associate

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Experience wise Mphasis Reconciliation Associate salaries

Last Updated: 3 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Mphasis

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 10 Sep 2023

3.0
 for  Salary and Benefits

Likes

Flexible working hours, Skill development internal platforms or training tools, Self awareness sessions organised by HRBPs

read more

Dislikes

1. No Salary increment from last 4 years in any department, 2. Multiple manager hierarchy, 3. Unnecessary internal PF process, 4. Benefits like Internet bill reimbursement are only on paper, 5. Rude hiring HRs (Negotiate as higher as possible while joining only, because once you join in- you'll not get anything) 6. Unskilled managers or management (not all but some), 7. Appreciations happen only on email, the rewards system (money based) stopped from Q1 2023, you'll get certificates to post on social media/LinkedIn 😁 8. Quarterly bonus will be received only if "whole team" performs better & if your client is 100% happy. Else, forget it. (It doesn't matter how smart/hard you worked

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 07 Jun 2023

1.0
 for  Salary and Benefits

Likes

There is no good things about company

Dislikes

I had been working with mphasis from 2.5 year since I joined I siding get any benifits apart from salary and management as worst TL’s (Geethamma SH, SriRanjini,Saravanan) are behave like managers and they won’t let employees to work peacefully. HR (Ashwini david) also worst like anything she won’t bother about employees concern. Overall not at all good experience.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 05 Jun 2022

1.0
 for  Salary and Benefits

Likes

Culture in the company is good and they have multiple business LOB's and if you are lucky you can be moved to another business through other programs.

read more

Dislikes

...ssue perks like other companies. No night shift allowance and no food allowance. Cab available however a certain amount will be deducted from your salary every month.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 19 May 2022

4.0
 for  Salary and Benefits

Likes

...t & culture . Team leader also very supportive. & The management is transparent. Company policies are good , the give good salary hike & appraisal every year.

read more

Dislikes

Salary is decent but career growth is slow.

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 18 Dec 2020

5.0
 for  Salary and Benefits

Likes

For the early phase company provided additional amount as Hardship allowances in the salary which really helped me to do some food donations and other things. I worked more than working hours to meet my goals and then have donated other remaining money to needy people.

read more

Dislikes

There is nothing to dislike. Everytime I entered I felt secure.

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Mphasis Reconciliation Associate Salary FAQs

What is the salary of Reconciliation Associate at Mphasis?
Reconciliation Associate salary at Mphasis in India ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 21% less than the average Reconciliation Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mphasis India.
How does the salary of a Reconciliation Associate at Mphasis India compare with the average salary range for this job?
The average salary of a Reconciliation Associate at Mphasis is 21% less than the average salary of a Reconciliation Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Mphasis to a Reconciliation Associate in India?
  • LTIMindtree Reconciliation Associate Salary - ₹7.7 Lakhs to ₹9.4 Lakhs per year
  • Clearwater Analytics Reconciliation Associate Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
  • Wipro Reconciliation Associate Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
  • NTT DATA Reconciliation Associate Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Reconciliation Associate in companies similar to Mphasis in India?
  • TCS Reconciliation Associate Salary - ₹2.2 Lakhs to ₹2.5 Lakhs per year
What is the estimated take home salary of a Reconciliation Associate at Mphasis in India?
The estimated take-home salary of a Reconciliation Associate at Mphasis ranges between ₹20,391 per month to ₹22,048 per month in India. The take-home salary calculation is based on the average Mphasis Reconciliation Associate salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Reconciliation Associate at Mphasis?
According to AmbitionBox, 75% of the Mphasis Reconciliation Associates reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mphasis Reconciliation Associate salary in India ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mphasis latest salaries received from various employees of Mphasis.