Formidium Corp Senior Associate Salaries by 200+ Employees (Updated 2025)

0 - 6 years exp.

₹2.5 Lakhs - ₹10 Lakhs

Salary of majority employees

39% less than the average Senior Associate Salary in Financial Services Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Salary 0 - 6 years exp. (165 salaries)	₹2.5 L/yr - ₹10 L/yr
Customer Success, Service & Operations Senior Associate Salary 1 - 6 years exp. (15 salaries)	₹3 L/yr - ₹7.4 L/yr
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Risk Management & Compliance Senior Associate Salary 1 - 6 years exp. (13 salaries)	₹3 L/yr - ₹8 L/yr
BFSI, Investments & Trading Senior Associate Salary 1 - 5 years exp. (10 salaries)	₹3.7 L/yr - ₹9 L/yr
Human Resources Senior Associate Salary 2 - 5 years exp. (5 salaries)	₹4 L/yr - ₹5.5 L/yr

Last Updated: 19 Mar 2025

Companies similar to Formidium Corp for Senior Associate

Company name	Avg Annual Salary	Open Jobs
State Street Syntel Senior Associate Salary 3 - 8 years exp. (1.5k salaries)	₹2 L/yr - ₹7.6 L/yr 18% less
DTCC Senior Associate Salary 7 - 13 years exp. (33 salaries)	₹13 L/yr - ₹28.8 L/yr 274% more	6 job openings
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MFXchange Holdings Senior Associate Salary 2 - 7 years exp. (13 salaries)	₹2.3 L/yr - ₹4.8 L/yr 41% less
TMF Group Senior Associate Salary 6 - 11 years exp. (11 salaries)	₹5.5 L/yr - ₹6.5 L/yr 7% more
Leap Finance Senior Associate Salary 0 - 4 years exp. (6 salaries)	₹4.8 L/yr - ₹7 L/yr At par
Wishfin Senior Associate Salary 2 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 55% less
OSB India Senior Associate Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹12.6 L/yr 22% more

Senior Associate salary at Formidium Corp ranges between ₹2.5 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 253 latest salaries received from various employees of Formidium Corp.

Experience wise Formidium Corp Senior Associate salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (21 salaries)	₹3.4 L/yr - ₹8.5 L/yr
1 year (46 salaries)	₹2.5 L/yr - ₹8.5 L/yr
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2 years (68 salaries)	₹3.5 L/yr - ₹10 L/yr
3 years (56 salaries)	₹3.2 L/yr - ₹9 L/yr
4 years (32 salaries)	₹3 L/yr - ₹9 L/yr
5 years (16 salaries)	₹4 L/yr - ₹8.1 L/yr
6 years (14 salaries)	₹5 L/yr - ₹7.5 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

0 - 6 years exp.

Manager

₹

Lakhs/yr

2 - 10 years exp.

Senior Associate 0 - 6 years exp.

Associate Manager 2 - 8 years exp.

62% hike

Manager 2 - 10 years exp.

36% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹7.2 L/yr - ₹9.2 L/yr

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₹4 L/yr - ₹5 L/yr

Salary related reviews for Formidium Corp

3.0

Rated by 42 employees for salary & benefits

Team Manager in Jaipur

Full Time

Finance & Accounting Department

1.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

Worst company

Dislikes

...basis. AVP Hr is very unprofessional and rude in their behaviour with employees. Only dry promotion are given here without salary hike. Also for gaining promotions you have to do jee hazuri

Salary - Bad

+6 more

Associate in Jaipur

Full Time

Project & Program Management Department

1.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Leave policy

Dislikes

...g in the team. SVP totally insane person doesn't know anything going in team. No promotion no salary hike after 2 years also.

Salary - Bad

+6 more

Associate Business Analysis Manager in Jaipur

Full Time

Project & Program Management Department

1.0

• posted on 02 Mar 2023

1.0

for Salary and Benefits

Likes

Here is nothing to like.

Dislikes

...Appraisal - Company is not promoting the deserving candidate since last 2 years. Promotion without increase in pay is common here. No appraisal no appreciation is here. 3. Salary and Hike - Package is below industry pay, co-founders accept it but says company is not in good condition to pay any amount right now. no appreciation money for anything 4.Skill Development - Monotonous work in each department. There are no good seniors in any team who can lead you and help you to learn. 5. Work satisfaction - everyone is living with a afraid of job loss, no identification in this company. 6. Company culture - there are three things to say about company culture. i) They promotes only relatives, relatives can get 3 promotion in a year. ii) Favouritism - If you are favourite to your manager you will automatic got good hike promotion etc. iii) Nepotism is on the high here. No clear vision of co-founders and founders, this is the worst company to work. If you want stress in your life and insecurities about job please go for this company.

Salary - Bad

+6 more

Associate Manager Finance in Jaipur

Full Time

Finance & Accounting Department

5.0

• posted on 14 Sep 2023

5.0

for Salary and Benefits

Likes

Excellent work culture with flexible work timing with no undue work pressure. Unlimited leaves for those having reasonable cause and no pay cutting for the leaves taken. Supportive team and motivating team and managers.

Salary - Excellent

+6 more

Dislikes

Nothing

Associate Manager in Jaipur

Full Time

Project & Program Management Department

1.0

• posted on 04 Mar 2023

1.0

for Salary and Benefits

Likes

Nothing to like here until you are the relatives of co-founders.

Dislikes

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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Formidium Corp Senior Associate Salary FAQs

What is the salary of Senior Associate at Formidium Corp ?

The average salary of a Senior Associate at Formidium Corp in India typically ranges from ₹2.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Senior Associate at Formidium Corp earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Senior Associate Salaries at Formidium Corp 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 200+ Formidium Corp employees in India.

What is the estimated take home salary of a Senior Associate at Formidium Corp in India?

The estimated take-home salary of a Senior Associate at Formidium Corp in India typically ranges from ₹43,970 to ₹45,076 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 200+ salaries received from various employees of Formidium Corp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Formidium Corp for Senior Associate in India?

DTCC	₹13.0 Lakhs to ₹28.8 Lakhs per year
OSB India	₹4.2 Lakhs to ₹12.6 Lakhs per year
TMF Group	₹5.5 Lakhs to ₹6.5 Lakhs per year
Leap Finance	₹4.8 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Senior Associate in companies similar to Formidium Corp in India?

The salary of a Senior Associate at companies similar to Formidium Corp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Street Syntel	₹2.0 Lakhs to ₹7.6 Lakhs per year
MFXchange Holdings	₹2.3 Lakhs to ₹4.8 Lakhs per year
Wishfin	₹2.1 Lakhs to ₹3.0 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 Senior Associate at Formidium Corp in India?

The salary growth for a Senior Associate at Formidium Corp depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at Formidium Corp:

Experience	Average Salary Range
Fresher	₹3.4 Lakhs to ₹8.5 Lakhs per year
1 year	₹2.5 Lakhs to ₹8.5 Lakhs per year
2 years	₹3.5 Lakhs to ₹10.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹9.0 Lakhs per year

and so on.

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Formidium Corp Senior Associate Salaries

Formidium Corp Senior Associate salary in India ranges between ₹2.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 253 Formidium Corp latest salaries received from various employees of Formidium Corp.