Novopay Solutions Cluster Business Manager Salaries by 4 Employees

2 - 5 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

77% less than the average Cluster Business Manager Salary in Software Product Companies for 2 - 5 years of experience

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Last Updated: 26 Jul 2023

Companies similar to Novopay Solutions for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Canara HSBC Life Insurance Cluster Business Manager Salary 5 - 16 years exp. (242 salaries)	₹4.5 L/yr - ₹13 L/yr 211% more
AU Small Finance Bank Cluster Business Manager Salary 10 - 20 years exp. (87 salaries)	₹6.8 L/yr - ₹27.5 L/yr 503% more
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Mahindra Logistics Cluster Business Manager Salary 5 - 16 years exp. (52 salaries)	₹6.2 L/yr - ₹19.8 L/yr 398% more
Axis Bank Cluster Business Manager Salary 3 - 12 years exp. (42 salaries)	₹4.4 L/yr - ₹11 L/yr 219% more
Mahindra & Mahindra Cluster Business Manager Salary 12 - 19 years exp. (29 salaries)	₹13.9 L/yr - ₹26.5 L/yr 631% more

Cluster Business Manager salary at Novopay Solutions ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Novopay Solutions.

Experience wise Novopay Solutions Cluster Business Manager salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Salary related reviews for Novopay Solutions

5.0

Rated by 2 employees for salary & benefits

Territory Sales Manager in Bhopal

Sales & Business Development Department

3.0

• posted on 06 Aug 2018

5.0

for Salary and Benefits

Likes

Innovative, used latest technology, friendly user, good salary given in started.

Salary - Excellent

+3 more

Dislikes

Seniors not supported, all kind of work related to market, operations is performed alone, Daily reporting is demotivated to employee because every day is not well good in respect of marketing. No motivational program is happened.

Promotions - Poor

+1 more

Customer Experience Officer in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 08 Dec 2023

1.0

for Salary and Benefits

Likes

The salary is on time no matters what but no proper appraisals nor promotion always their is a reason of something or the others worked for 3yrs in which my salary went from 22k to 26k pathetic

Job security - Excellent

+1 more

Dislikes

The peoples new joinees get more salary than the old employee working ther from 3 yrs +

Salary - Bad

+1 more

Manager in Bangalore / Bengaluru

Full Time

Corporate Department

5.0

• posted on 23 Nov 2022

5.0

for Salary and Benefits

Likes

...oachable leadership team. In growth stage with lots of opportunities to learn competitive salary and good employee benefits

Salary - Excellent

+6 more

Dislikes

It is agile and fast moving, you need to keep up with the pace.

CBM in Varanasi

Other Department

5.0

• posted on 02 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Rural Territory Manager in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 26 Jun 2024

3.0

for Salary and Benefits

Likes

As a company Novopay os the Best, Before 1 Year everything excellent.

Job security - Excellent

+2 more

Dislikes

Company current management was terrible, do not have any active product, only ask billing billing and billing. When we ask after billing to active service (HDFC), management absolutely deny. Any way overall current situation was not good, 80% Bengal Team are Resign in just one month.

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Novopay Solutions Cluster Business Manager Salary FAQs

What is the salary of Cluster Business Manager at Novopay Solutions ?

The average salary of a Cluster Business Manager at Novopay Solutions in India typically ranges from ₹2.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Cluster Business Manager at Novopay Solutions earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Cluster Business Manager Salaries at Novopay Solutions 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 Novopay Solutions employees in India.

What is the estimated take home salary of a Cluster Business Manager at Novopay Solutions in India?

The estimated take-home salary of a Cluster Business Manager at Novopay Solutions in India typically ranges from ₹18,326 to ₹20,015 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 Novopay Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Novopay Solutions for Cluster Business Manager in India?

Mahindra & Mahindra	₹13.9 Lakhs to ₹26.5 Lakhs per year
AU Small Finance Bank	₹6.8 Lakhs to ₹27.5 Lakhs per year
Mahindra Logistics	₹6.2 Lakhs to ₹19.8 Lakhs per year
Axis Bank	₹4.4 Lakhs to ₹11.0 Lakhs per year
Canara HSBC Life Insurance	₹4.5 Lakhs to ₹13.0 Lakhs per year

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

How the salary growth look like for a Cluster Business Manager at Novopay Solutions in India?

The salary growth for a Cluster Business Manager at Novopay Solutions depends on factors such as experience, performance, and promotions. On average, a Cluster Business Manager can expect the following growth trajectory at Novopay Solutions:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Novopay Solutions Cluster Business Manager Salaries

Novopay Solutions Cluster Business Manager salary in India ranges between ₹2.2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Novopay Solutions latest salaries received from various employees of Novopay Solutions.