Spandana Sphoorty Financial State HR Manager Salaries by 4 Employees

2 - 9 years exp.

₹5.4 Lakhs - ₹8.1 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹6.4 Lakhs

Variable (10%)

₹0.7 Lakh

29% less than the average State HR Manager Salary in NBFC Companies for 2 - 9 years of experience

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Last Updated: 2 Nov 2024

Companies similar to Spandana Sphoorty Financial for State HR Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance State HR Manager Salary 12 - 17 years exp. (9 salaries)	₹12.5 L/yr - ₹23.3 L/yr 115% more
Satin Creditcare Network State HR Manager Salary 5 - 11 years exp. (4 salaries)	₹5.9 L/yr - ₹8 L/yr 1% less
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SMFG India Credit State HR Manager Salary 9 - 11 years exp. (4 salaries)	₹8.4 L/yr - ₹10.7 L/yr 29% more
Bajaj Allianz Life Insurance State HR Manager Salary 3 - 12 years exp. (23 salaries)	₹6.5 L/yr - ₹12.5 L/yr 37% more
Tata Capital State HR Manager Salary 4 - 13 years exp. (16 salaries)	₹5.5 L/yr - ₹11.9 L/yr 25% more

State HR Manager salary at Spandana Sphoorty Financial ranges between ₹5.4 Lakhs to ₹8.1 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial State HR Manager salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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5 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr

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Manager Hrbp Salary

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Assistant Manager Hrbp Salary

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₹5.1 L/yr - ₹6.6 L/yr

HR Assistant Salary

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₹0.2 L/yr - ₹0.2 L/yr

Senior Consultant Salary

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₹13.5 L/yr - ₹17.3 L/yr

Regional Human Resource Manager Salary

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₹5.2 L/yr - ₹9.1 L/yr

Senior Executive HR & Administration Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Spandana Sphoorty Financial

2.0

Rated by 1 employees for salary & benefits

Senior Analyst in Hyderabad / Secunderabad

Data Science & Analytics Department

1.0

• posted on 20 Jul 2018

2.0

for Salary and Benefits

Likes

Growth Opportunities

Dislikes

...b security, TOP management involvement in work of bottom of the pyramid staff, salaries are not paid on time, pathetic work environment

Salary - Poor

+4 more

CLO in Choutuppal

Full Time

Other Department

1.0

• posted on 26 Feb 2025

1.0

for Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

Salary - Bad

+6 more

Business Development Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

Salary - Bad

+5 more

Associate Product Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Sep 2024

1.0

for Salary and Benefits

Likes

Little bit of job security as people with good knowledge and work ex leave after seeing the condition of work. They need people to stay to get the work done.

Dislikes

Primitive technology, no interest to adapt new technologies, terrible salary hike, management is only money & power hungry. Overworked people. They only take people who are desperate for jobs and make them work 24*7

Salary - Bad

+5 more

Accountant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am proud to feel worked on spandana

Skill development - Excellent

+4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Spandana Sphoorty Financial State HR Manager Salary FAQs

What is the salary of State HR Manager at Spandana Sphoorty Financial ?

The average salary of a State HR Manager at Spandana Sphoorty Financial in India typically ranges from ₹5.4 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of State HR Manager at Spandana Sphoorty Financial earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. State HR Manager Salaries at Spandana Sphoorty Financial 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 Spandana Sphoorty Financial employees in India.

What is the estimated take home salary of a State HR Manager at Spandana Sphoorty Financial in India?

The estimated take-home salary of a State HR Manager at Spandana Sphoorty Financial in India typically ranges from ₹53,017 to ₹54,336 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 2 years to 9 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 Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spandana Sphoorty Financial for State HR Manager in India?

Mahindra Finance	₹12.5 Lakhs to ₹23.3 Lakhs per year
Bajaj Allianz Life Insurance	₹6.5 Lakhs to ₹12.5 Lakhs per year
SMFG India Credit	₹8.4 Lakhs to ₹10.7 Lakhs per year
Tata Capital	₹5.5 Lakhs to ₹11.9 Lakhs per year

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

What is the salary of a State HR Manager in companies similar to Spandana Sphoorty Financial in India?

The salary of a State HR Manager at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Satin Creditcare Network

₹5.9 Lakhs to ₹8.0 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 State HR Manager at Spandana Sphoorty Financial in India?

The salary growth for a State HR Manager at Spandana Sphoorty Financial depends on factors such as experience, performance, and promotions. On average, a State HR Manager can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
2 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
4 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
5 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
9 years	₹4.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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Spandana Sphoorty Financial State HR Manager Salaries

Spandana Sphoorty Financial State HR Manager salary in India ranges between ₹5.4 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.