Muthoot Fincorp Senior Manager-HR Salaries by 6 Employees (Updated 2024)

12 - 18 years exp.

₹8.5 Lakhs - ₹19.2 Lakhs

Low Confidence

Salary of majority employees

28% less than the average Senior Manager-HR Salary in NBFC Companies for 12 - 18 years of experience

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Salaries in different departments

Human Resources Senior Manager-HR Salary 14 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹19.2 L/yr
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Strategic & Top Management Senior Manager-HR Salary 12 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 28 Oct 2024

Companies similar to Muthoot Fincorp for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Manager-HR Salary 9 - 25 years exp. (11 salaries)	₹20 L/yr - ₹42.6 L/yr 130% more
Shriram Finance Senior Manager-HR Salary 9 - 20 years exp. (5 salaries)	₹5 L/yr - ₹10.5 L/yr 45% less
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Mahindra Finance Senior Manager-HR Salary 4 - 12 years exp. (3 salaries)	₹10.8 L/yr - ₹23 L/yr 24% more
Cholamandalam Investment & Finance Senior Manager-HR Salary 8 - 14 years exp. (12 salaries)	₹6.7 L/yr - ₹20.5 L/yr 20% more
L&T Finance Senior Manager-HR Salary 1 - 10 years exp. (19 salaries)	₹9.8 L/yr - ₹15.3 L/yr 4% less
HDB Financial Services Senior Manager-HR Salary 14 - 16 years exp. (4 salaries)	₹15 L/yr - ₹26 L/yr 51% more
Edelweiss Senior Manager-HR Salary 7 - 13 years exp. (9 salaries)	₹8 L/yr - ₹19.3 L/yr 10% less
Tata Capital Senior Manager-HR Salary 9 - 14 years exp. (7 salaries)	₹12.9 L/yr - ₹20 L/yr 12% more
SMFG India Credit Senior Manager-HR Salary 9 - 15 years exp. (15 salaries)	₹10.4 L/yr - ₹18.6 L/yr 7% more
TVS Credit Senior Manager-HR Salary 5 - 19 years exp. (11 salaries)	₹11 L/yr - ₹17 L/yr 6% less
Poonawalla Fincorp Senior Manager-HR Salary 5 - 11 years exp. (10 salaries)	₹14 L/yr - ₹18.3 L/yr 13% more
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Muthoot Microfin Senior Manager-HR Salary 6 - 17 years exp. (7 salaries)	₹7.4 L/yr - ₹9 L/yr 39% less
Aavas Financiers Senior Manager-HR Salary 9 - 12 years exp. (6 salaries)	₹8.5 L/yr - ₹15.5 L/yr 11% less
IIFL Finance Senior Manager-HR Salary 10 - 13 years exp. (5 salaries)	₹12.7 L/yr - ₹17.9 L/yr 17% more
Satin Creditcare Network Senior Manager-HR Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 26% less
Bharat Financial Inclusion Senior Manager-HR Salary 9 - 15 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 4% more
Mahindra Rural Housing Finance Senior Manager-HR Salary 10 - 14 years exp. (4 salaries)	₹13 L/yr - ₹28.5 L/yr 40% more
Capri Global Capital Senior Manager-HR Salary 9 - 12 years exp. (4 salaries)	₹13 L/yr - ₹14.5 L/yr 2% more
PNB Housing Finance Senior Manager-HR Salary 9 - 13 years exp. (4 salaries)	₹13.3 L/yr - ₹18 L/yr 32% more
Sundaram Finance Senior Manager-HR Salary 12 - 25 years exp. (4 salaries)	₹12 L/yr - ₹21 L/yr 41% more

View all

Senior Manager-HR salary at Muthoot Fincorp ranges between ₹8.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Senior Manager-HR salaries

Last Updated: 28 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.9 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
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14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹19.1 L/yr
15+ years (4 salaries)	₹8.5 L/yr - ₹19.1 L/yr

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Top skills at Muthoot Fincorp for Senior Manager-HR

Senior HR Human Resource Management HR Generalist Activities IT Recruitment

Salary related reviews for Muthoot Fincorp

Senior HR Executive in Bangalore / Bengaluru

Full Time

Human Resources Department

3.0

• posted on 07 Nov 2024

3.0

for Salary and Benefits

Likes

Work life Balance, on time salary,

Dislikes

Less growth as many employees are in lower management even after spending 10+ years in the company. Less support department employees head count to coordinate with big number of employees pool.

Junior Manager HR in Pankaj Towers, Punnen Road, Thiruvananthapuram

Full Time

Human Resources Department

5.0

• posted on 27 Jul 2023

1.0

for Salary and Benefits

Likes

We have our own comfort while working here because there is no work pressure but we have to develop skills our own. But without any doubt I can proudly say the long stint of 9.5 years with Muthoot has sobered in motivation and enlightened my career knowledge.

Dislikes

Low salary, no hike, no encouraging co-workers, Managers always gaining benefit of their own by taking advantage of work done by subordinates.

Assistant Manager Administrator in Kozhikode

Infrastructure and administration Department

4.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Done lots of travel in North Kerala. There is a Muthoot Fincorp branch in every nook and corner of Kerala

Dislikes

Roles and responsibilities did not change even after promotion and there was no significant hike in salary as well

Customer Service Executive in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 17 Nov 2024

3.0

for Salary and Benefits

Likes

I am extremely satisfied with the working environment and appreciate the timely payment of salary and incentives.

Dislikes

Our company environment is excellent, but our Area Manager's abusive language and sales driven approach compromise our well-being and role clarity. As Customer Service Executives, we're expected to focus on sales 90%, conflicting with our core responsibilities. We need support to address these issues and align our roles with customer service goals

Customer Service Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 09 Nov 2024

4.0

for Salary and Benefits

Likes

I like the rule and regulations. Culture is good my colleagues are very nice they help me a lot

Dislikes

...ometimes time limit exceeded and it's very hectic to balance personal life ... It's necessary to fix closing time either pay extra salary

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Muthoot Fincorp Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Muthoot Fincorp?

Senior Manager-HR salary at Muthoot Fincorp in India ranges between ₹8.5 Lakhs to ₹19.2 Lakhs for experience between 12 years to 18 years. According to our estimates it is 28% less than the average Senior Manager-HR Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Senior Manager-HR at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Senior Manager-HR at Muthoot Fincorp is 28% less than the average salary of a Senior Manager-HR in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager-HR at Muthoot Fincorp?

Senior HR, Human Resource Management, HR Generalist Activities and IT Recruitment are some of the popular skills required to work as a Senior Manager-HR at Muthoot Fincorp India.

Which similar companies are paying more than Muthoot Fincorp to a Senior Manager-HR in India?

Bajaj Finance Senior Manager-HR Salary - ₹20.0 Lakhs to ₹42.6 Lakhs per year
HDB Financial Services Senior Manager-HR Salary - ₹15.0 Lakhs to ₹26.0 Lakhs per year
Sundaram Finance Senior Manager-HR Salary - ₹12.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Rural Housing Finance Senior Manager-HR Salary - ₹13.0 Lakhs to ₹28.5 Lakhs per year
PNB Housing Finance Senior Manager-HR Salary - ₹13.3 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Senior Manager-HR in companies similar to Muthoot Fincorp in India?

Mahindra Finance Senior Manager-HR Salary - ₹10.8 Lakhs to ₹23.0 Lakhs per year
Sammaan Capital Limited Senior Manager-HR Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Cholamandalam Investment & Finance Senior Manager-HR Salary - ₹6.7 Lakhs to ₹20.5 Lakhs per year
IIFL Finance Senior Manager-HR Salary - ₹12.7 Lakhs to ₹17.9 Lakhs per year
Kotak Mahindra Prime Senior Manager-HR Salary - ₹14.9 Lakhs to ₹16.3 Lakhs per year

What is the estimated take home salary of a Senior Manager-HR at Muthoot Fincorp in India?

The estimated take-home salary of a Senior Manager-HR at Muthoot Fincorp ranges between ₹94,408 per month to ₹96,949 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Senior Manager-HR salary in India which ranges between ₹8.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager-HR at Muthoot Fincorp?

According to AmbitionBox, 40% of the Muthoot Fincorp Senior Manager-HRs reported a notice period of 2 Months, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Senior Manager-HR Salaries

Muthoot Fincorp Senior Manager-HR salary in India ranges between ₹8.5 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.