SBI Funds Management Chennai Salaries by 2 Employees

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 6 - 8 years exp. · Chennai (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.3 L/yr
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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Salary related reviews for SBI Funds Management

5.0

Rated by 1 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Risk Management & Compliance Department

2.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Apart from other teams sympathizing with you, there is nothing worth it in this place. If you want to survive without issues make sure you come with a reference. If you are a person who won't butter the seniors even if they are being unreasonable and can be happy even if others make fun of you and if you think you don't need to be like a fish market and just work bcoz your work will speak for you, never join this place its typical SBI, unless you are old and don't want to work and just survive doing the bare minimum and licking the bosses boots this is the place for you.

Dislikes

everything, if you are not a Bose is always right even if the Bose is stupid, you will suffer greatly, the HRs are so not there to even provide 10% help to employees. I suffer for a year had to work without confirmation and no benefits all because I don't show my face to the head of our dept. 6 times a day and say good morning and good evening ma'am I am leaving for the day or I will not be coming tomorrow maam coz xyz reason, despite the fact I literay have no work with the HOD and my immediate reporting manager is updated yet the all coz I wasnt able to satisfy the ego of the HOD had to be exploited with less salary and no confirmtion for a year.

Salary - Poor

+6 more

Assistant Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 15 Apr 2023

3.0

for Salary and Benefits

Likes

Management is looking to grow with fast pace In this financial year they are targeting to reach 10 lakh crore AUM...with that view they working and making us working which is the good thing

Skill development - Excellent

+5 more

Dislikes

Nothing particular dislikes. But one thing I would like to say is when Boss is Good every thing will be good in this job but when superior is the person whom we cant bear job will be terrible thing. In that sense im the lucky one to have sportive person's.

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Know more about SBI Funds Management Chennai

SBI Funds Management Salary FAQs

How much does SBI Funds Management pay to its employees?

The average annual salary at SBI Funds Management varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Funds Management, are as follows:

Deputy Manager

₹6.2 Lakhs to ₹6.3 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹29.1 Lakhs to ₹45 Lakhs per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹49.5 Lakhs per year. Salaries at SBI Funds Management 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 salary estimates are based on data from 2 salaries submitted by SBI Funds Management employees. SBI Funds Management is rated 5.0 out of 5 stars by its employees on the salary and benefits parameter.