Power Exchange India Mumbai Assistant Manager Salaries by 20+ Employees

1 - 8 years exp.

₹4 Lakhs - ₹8.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Assistant Manager Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Salary 2 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr
Finance & Accounting Assistant Manager Salary 7 - 8 years exp. (4 salaries)	₹5.8 L/yr - ₹7.3 L/yr
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Energy & Mining Assistant Manager Salary 3 - 5 years exp. (4 salaries)	₹7.2 L/yr - ₹8 L/yr
Production, Manufacturing & Engineering Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.2 L/yr
Legal & Regulatory Assistant Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.2 L/yr

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Last Updated: 28 Dec 2024

Companies similar to Power Exchange India for Assistant Manager in Mumbai

Power Exchange India Assistant Manager Salary

1 - 8 years exp. (22 salaries)

₹4 L/yr - ₹8.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Reliance Money Assistant Manager Salary 1 - 12 years exp. (27 salaries)	₹3.7 L/yr - ₹6 L/yr 31% less
India Ratings & Research Assistant Manager Salary 2 - 10 years exp. (19 salaries)	₹3.6 L/yr - ₹8 L/yr 6% less
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Auxilo Finserve Assistant Manager Salary 1 - 9 years exp. (17 salaries)	₹3 L/yr - ₹7 L/yr 16% less
Choice Equity Broking Assistant Manager Salary 0 - 13 years exp. (15 salaries)	₹3.5 L/yr - ₹7 L/yr 31% less	3 job openings
Karvy Financial Services Assistant Manager Salary 3 - 13 years exp. (10 salaries)	₹3 L/yr - ₹7.1 L/yr 22% less
Fortune Integrated Assets Finance Assistant Manager Salary 4 - 10 years exp. (9 salaries)	₹3.1 L/yr - ₹3.6 L/yr 48% less
Armstrong International Assistant Manager Salary 5 - 8 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 49% more
Profectus Capital Assistant Manager Salary 0 - 6 years exp. (5 salaries)	₹4.4 L/yr - ₹8 L/yr 29% more
Invesco Asset Management Assistant Manager Salary 6 - 8 years exp. (4 salaries)	₹10 L/yr - ₹18 L/yr 128% more
Kifs Housing Finance Assistant Manager Salary 4 - 8 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 29% less

Assistant Manager salary at Power Exchange India ranges between ₹4 Lakhs to ₹8.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 22 latest salaries received from various employees of Power Exchange India.

Latest annual salaries shared by Power Exchange India Assistant Manager in Mumbai

3mo ago

₹5 Lakhs

3 years exp.

4mo ago

₹8 Lakhs

5 years exp.

7mo ago

₹8 Lakhs

4 years exp.

8mo ago

₹8.2 Lakhs

5 years exp.

10mo ago

₹4.9 Lakhs

4 years exp.

1y ago

3 years exp.

1y ago

5 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

2 years exp.

Experience wise Power Exchange India Assistant Manager salaries in Mumbai

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
2 years (3 salaries)	₹4 L/yr - ₹10.9 L/yr
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3 years (4 salaries)	₹5 L/yr - ₹8 L/yr
4 years (6 salaries)	₹4.9 L/yr - ₹8 L/yr
5 years (4 salaries)	₹5.7 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (3 salaries)	₹6.3 L/yr - ₹7.3 L/yr

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Similar Designation salaries in Power Exchange India

Deputy Manager Salary

(5 salaries)

₹7.4 L/yr - ₹10 L/yr

Operations Manager Salary

(4 salaries)

₹3.9 L/yr - ₹16 L/yr

Top skills at Power Exchange India for Assistant Manager

Scheduling Simulation Management Renewable Energy Forecasting

Salary related reviews for Power Exchange India

1.2

Rated by 4 employees for salary & benefits

Manager Business Analyst in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 27 Jun 2023

5.0

for Salary and Benefits

Likes

They give good salary

Salary - Excellent

+2 more

Dislikes

Senior management only wants to dump work on lower levels while play candy crush or watch movies in office hours. Employees are expected to work 247 without any regards to personal conditions Company doesn't believe in creating backup of important resources, so when good resources leave, all burden rest on his team members and lower levels. When informing about workload , senior management in a very old fashioned way states ki Tumhaare zamaane me Humne sab kiya he aur sab saha he.

Promotions - Bad

+3 more

Operations Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 18 Nov 2024

2.0

for Salary and Benefits

Likes

PXIL provides ample of Holidays

Work-life balance - Good

Dislikes

...ing because of AI.. doesn't heve any say but will act as if he knows everything. salary is very low plus too much deduction that you end up getting very small salary. And be aware of some employees as gossiping is a number 1 sport in PXIL

Salary - Poor

+5 more

Executive in Marol Naka, Andheri

Membership, Clearing and settlement Department

4.0

• posted on 17 Dec 2020

3.0

for Salary and Benefits

Likes

1.Working culture is so nice that you can any time interact with any one wether he is Colleges or he is an MD. 2. You will be able to make balance between personal life and professional life. 3. You will never feel that going to office on Monday is lazy and Awkward feeling.

Job security - Good

+4 more

Dislikes

I feel that pay scale is very low.

Business Developer in Mumbai

Business Development Department

1.0

• posted on 25 Jul 2018

2.0

for Salary and Benefits

Likes

There was literally nothing to like

Dislikes

No job security, the company has been financially hopeless since the day it started. Its running only on alms and is being kept alive by force from the regulatory body so that there is no monopoly in the market. With a 95% market share of IEX, there already is monopoly.

Salary - Poor

+5 more

see more salary related reviews

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Top trending discussions

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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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Power Exchange India Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Power Exchange India in Mumbai?

The average salary of a Assistant Manager at Power Exchange India in Mumbai typically ranges from ₹4.0 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Assistant Manager in Mumbai at Power Exchange India earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.2 Lakhs per year. Assistant Manager Salaries at Power Exchange India 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 20+ Power Exchange India employees in India.

What is the estimated take home salary of a Assistant Manager at Power Exchange India in Mumbai?

The estimated take-home salary of a Assistant Manager at Power Exchange India in Mumbai typically ranges from ₹47,398 to ₹48,520 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 1 year 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 20+ salaries received from various employees of Power Exchange India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Power Exchange India in Mumbai?

To be a Assistant Manager at Power Exchange India in Mumbai, the key skills required include:

- Scheduling
- Simulation
- Management
- Renewable Energy
- Forecasting

These skills are highly valued at Power Exchange India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Power Exchange India for Assistant Manager in India?

Invesco Asset Management	₹10.0 Lakhs to ₹18.0 Lakhs per year
Armstrong International	₹7.0 Lakhs to ₹10.0 Lakhs per year
Profectus Capital	₹4.4 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Assistant Manager in companies similar to Power Exchange India in Mumbai?

The salary of a Assistant Manager at companies similar to Power Exchange India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

India Ratings & Research	₹3.6 Lakhs to ₹8.0 Lakhs per year
Auxilo Finserve	₹3.0 Lakhs to ₹7.0 Lakhs per year
Karvy Financial Services	₹3.0 Lakhs to ₹7.1 Lakhs per year
Kifs Housing Finance	₹4.0 Lakhs to ₹4.5 Lakhs per year
Reliance Money	₹3.7 Lakhs to ₹6.0 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 Assistant Manager at Power Exchange India in Mumbai?

The salary growth for a Assistant Manager at Power Exchange India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Power Exchange India:

Experience	Average Salary Range
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹4.0 Lakhs to ₹10.9 Lakhs per year
3 years	₹5.0 Lakhs to ₹8.0 Lakhs per year
4 years	₹4.9 Lakhs to ₹8.0 Lakhs per year

and so on.

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Power Exchange India Assistant Manager Salaries in Mumbai

Power Exchange India Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Power Exchange India latest salaries received from various employees of Power Exchange India.