NexSales Mumbai Research Associate Salaries by 4 Employees

5 - 8 years exp.

₹1.6 Lakh - ₹2.1 Lakhs

Salary of majority employees

64% less than the average Research Associate Salary in Financial Services Companies for 5 - 8 years of experience

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Last Updated: 5 Aug 2024

Companies similar to NexSales for Research Associate in Mumbai

NexSales Research Associate Salary

5 - 8 years exp. (4 salaries)

₹1.6 L/yr - ₹2.1 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Research Associate Salary 3 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹5.4 L/yr 201% more
State Street Syntel Research Associate Salary 0 - 6 years exp. (27 salaries)	₹2 L/yr - ₹3.5 L/yr 63% more
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JPMorgan Chase & Co. Research Associate Salary 2 - 9 years exp. (18 salaries)	₹24 L/yr - ₹38 L/yr 1623% more
Citicorp Research Associate Salary 3 - 9 years exp. (7 salaries)	₹3.9 L/yr - ₹10.1 L/yr 351% more
State Street Corporation Research Associate Salary 1 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.8 L/yr 94% more
Morgan Stanley Research Associate Salary 5 - 7 years exp. (5 salaries)	₹27.8 L/yr - ₹42 L/yr 1827% more
Motilal Oswal Financial Services Research Associate Salary 2 - 5 years exp. (5 salaries)	₹10 L/yr - ₹22 L/yr 667% more
ICICI Securities Research Associate Salary 3 - 6 years exp. (3 salaries)	₹14.5 L/yr - ₹17.3 L/yr 785% more
N+A Research Associate Salary 3 - 4 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr 198% more
UBS Research Associate Salary 4 - 10 years exp. (3 salaries)	₹12.9 L/yr - ₹16.3 L/yr 711% more

Research Associate salary at NexSales ranges between ₹1.6 Lakh to ₹2.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of NexSales.

Experience wise NexSales Research Associate salaries in Mumbai

Last Updated: 5 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

Similar Designation salaries in NexSales

Research Analyst Salary

(4 salaries)

₹1.7 L/yr - ₹4.7 L/yr

Salary related reviews for NexSales

Digital Marketing Analyst in Mumbai

Marketing Department

1.0

• posted on 17 Mar 2021

1.0

for Salary and Benefits

Likes

Honestly speaking, they removed me in just 10 days from joining. Without any reason. The owner Mr. Milap doesn't have any understanding for his employees. In this tough situation of Covid, they hired me and then suddenly removed me after 10 days. This is not acceptable.

Dislikes

Trust me Readers, it is not a good place to work. No Understanding, No Support from seniors. They don't have any HR team, everything is done via their consultancy. After all its your call whether to join or not. Thanks

Salary - Bad

+6 more

Business Development & Operations Team Lead

Other Department

4.0

• posted on 29 Nov 2019

3.0

for Salary and Benefits

Likes

It was a great experience working with Nexsales for 5Years as a Business Development and Operations Team Leader and during my tenure I came across of ample of learning opportunities which developed my skills and helped me to grow not only in the company but also in life. Managers are very supportive and work culture is great in the company. Hence, you get to see less number of attritions.

Skill development - Good

+5 more

Dislikes

I personally didn't dislike anything about the company but like all the companies have some area of improvements even Nexsales has few area of improvements such as transport and cafeteria.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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NexSales Research Associate Salary FAQs

What is the salary of Research Associate at NexSales in Mumbai?

The average salary of a Research Associate at NexSales in Mumbai typically ranges from ₹1.6 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Research Associate in Mumbai at NexSales earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Research Associate Salaries at NexSales 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 4 NexSales employees in India.

What is the estimated take home salary of a Research Associate at NexSales in Mumbai?

The estimated take-home salary of a Research Associate at NexSales in Mumbai typically ranges from ₹12,309 to ₹13,643 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 5 years to 8 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 4 salaries received from various employees of NexSales. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NexSales for Research Associate in India?

Morgan Stanley	₹27.8 Lakhs to ₹42.0 Lakhs per year
JPMorgan Chase & Co.	₹24.0 Lakhs to ₹38.0 Lakhs per year
ICICI Securities	₹14.5 Lakhs to ₹17.3 Lakhs per year
UBS	₹12.9 Lakhs to ₹16.3 Lakhs per year
Motilal Oswal Financial Services	₹10.0 Lakhs to ₹22.0 Lakhs per year

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

What is the salary of a Research Associate in companies similar to NexSales in Mumbai?

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

Citicorp	₹3.9 Lakhs to ₹10.1 Lakhs per year
TCS	₹2.9 Lakhs to ₹5.4 Lakhs per year
N+A	₹5.2 Lakhs to ₹7.0 Lakhs per year
State Street Corporation	₹2.4 Lakhs to ₹3.8 Lakhs per year
State Street Syntel	₹2.0 Lakhs to ₹3.5 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 Associate at NexSales in Mumbai?

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

Experience	Average Salary Range
5 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
6 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
7 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
8 years	₹1.6 Lakhs to ₹2.1 Lakhs per year

and so on.

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NexSales Research Associate Salaries in Mumbai

NexSales Research Associate salary in Mumbai ranges between ₹1.6 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NexSales latest salaries received from various employees of NexSales.