Statestreet HCL Services Reconciliation Associate Salaries by 4 Employees

1 - 11 years exp.

₹3.5 Lakhs - ₹9.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% more than the average Reconciliation Associate Salary in BPO Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Reconciliation Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.6 L/yr
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Finance & Accounting Reconciliation Associate Salary 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 27 Sep 2024

Companies similar to Statestreet HCL Services for Reconciliation Associate

Company name	Avg Annual Salary	Open Jobs
WNS Reconciliation Associate Salary 2 years exp. (3 salaries)	₹2.2 L/yr - ₹3.4 L/yr 45% less
Clearwater Analytics Reconciliation Associate Salary 1 - 4 years exp. (25 salaries)	₹5 L/yr - ₹7.5 L/yr 13% more
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TCS Reconciliation Associate Salary 0 - 3 years exp. (12 salaries)	₹1.6 L/yr - ₹2.5 L/yr 54% less
State Street Syntel Reconciliation Associate Salary 1 - 3 years exp. (8 salaries)	₹2 L/yr - ₹2.7 L/yr 52% less
BNY Reconciliation Associate Salary 0 - 2 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 24% less

Reconciliation Associate salary at Statestreet HCL Services ranges between ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Statestreet HCL Services.

Experience wise Statestreet HCL Services Reconciliation Associate salaries

Last Updated: 27 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr

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Salary related reviews for Statestreet HCL Services

Financial Analyst in Pune

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 05 Nov 2023

1.0

for Salary and Benefits

Likes

I'm grateful for the opportunity give by SSHCL.

Dislikes

...nything. And I had to work 9.5 hours where in other companies it's only 8 hours. There is no OT pay, there's no incentives, infact they've made sure for client holiday you apply your own leaves. There are no holidays, if cut down client holidays I only have 12 leaves, which includes sick leave, personal leaves, earned leaves. Ps. If you're sick then you have to apply leave which will be unplanned and your incentive is gone.

Salary - Bad

+5 more

Team Lead in Coimbatore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 23 Nov 2023

1.0

for Salary and Benefits

Likes

No incentive and no appraisal paper release date even after 9 months after rating. No client holiday. No incentive, some time received and management ask is it received on that particular month. No proper management, people can give promotion as they like managers choice. Appraisal given by manager not by us. Totally waste dont come if you are not in HCl.

Work-life balance - Good

Dislikes

Poor management Favouritism No hike or appricel

Salary - Bad

+4 more

Senior Analyst in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 04 Aug 2023

1.0

for Salary and Benefits

Likes

...d/sme Rs 80K/month Associate Manager Rs 110k/month Deputy Manager Rs 150k/month As salary in hand. If you are getting offer less than above mentioned amount straight away reject if you are from outside Chennai.

Job security - Excellent

Dislikes

Miserable work culture, pathetic management, filled with losers who don't want others to thrive and kanjoos lokh.

Salary - Bad

+5 more

Deputy Manager in Pune

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 22 Nov 2023

2.0

for Salary and Benefits

Likes

Bad management practices, No transparency in term of salary, promotion, bonus etc. Even HR don't know anything about hike & promotions. Bad experience.

Dislikes

Salary Promotion No Transparency Hidden WFH benefits

Salary - Poor

+4 more

Analyst in Vijayawada

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Oct 2023

1.0

for Salary and Benefits

Likes

Who want to go better career and high position i short time I am strongly recommended not to join in this statestreet hcl services

Dislikes

No work life balance very less salary at the time interview and offer letter mentioned salary is not provided keep hide that things

Salary - Bad

+5 more

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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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Statestreet HCL Services Reconciliation Associate Salary FAQs

What is the salary of Reconciliation Associate at Statestreet HCL Services ?

The average salary of a Reconciliation Associate at Statestreet HCL Services in India typically ranges from ₹3.5 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Reconciliation Associate at Statestreet HCL Services earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Reconciliation Associate Salaries at Statestreet HCL Services 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 Statestreet HCL Services employees in India.

What is the estimated take home salary of a Reconciliation Associate at Statestreet HCL Services in India?

The estimated take-home salary of a Reconciliation Associate at Statestreet HCL Services in India typically ranges from ₹38,267 to ₹39,458 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 1 year to 11 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 Statestreet HCL Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Statestreet HCL Services for Reconciliation Associate in India?

Clearwater Analytics

₹5.0 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Reconciliation Associate in companies similar to Statestreet HCL Services in India?

The salary of a Reconciliation Associate at companies similar to Statestreet HCL Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY	₹2.5 Lakhs to ₹5.0 Lakhs per year
WNS	₹2.2 Lakhs to ₹3.4 Lakhs per year
State Street Syntel	₹2.0 Lakhs to ₹2.7 Lakhs per year
TCS	₹1.6 Lakhs to ₹2.5 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 Reconciliation Associate at Statestreet HCL Services in India?

The salary growth for a Reconciliation Associate at Statestreet HCL Services depends on factors such as experience, performance, and promotions. On average, a Reconciliation Associate can expect the following growth trajectory at Statestreet HCL Services:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
11 years	₹8.6 Lakhs to ₹10.9 Lakhs per year

and so on.

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Statestreet HCL Services Reconciliation Associate Salaries

Statestreet HCL Services Reconciliation Associate salary in India ranges between ₹3.5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Statestreet HCL Services latest salaries received from various employees of Statestreet HCL Services.