Formidium Corp Senior Executive Salaries by 4 Employees

1 - 8 years exp.

₹4.7 Lakhs - ₹6.5 Lakhs

Salary of majority employees

Fixed (81%)

₹4.5 Lakhs

Variable (19%)

₹1.1 Lakh

At par with the average Senior Executive Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Executive Salary 1 year exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Human Resources Senior Executive Salary 3 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 4 Jun 2024

Companies similar to Formidium Corp for Senior Executive

Company name	Avg Annual Salary	Open Jobs
TMF Group Senior Executive Salary 2 - 9 years exp. (85 salaries)	₹4.1 L/yr - ₹9 L/yr 30% more
Pamac Finserve Senior Executive Salary 0 - 5 years exp. (69 salaries)	₹1.3 L/yr - ₹4 L/yr 57% less
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State Street Syntel Senior Executive Salary 2 - 9 years exp. (28 salaries)	₹2.3 L/yr - ₹4.3 L/yr 35% less
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Way2wealth Brokers Senior Executive Salary 2 - 14 years exp. (15 salaries)	₹3.5 L/yr - ₹6.2 L/yr 20% less
MFXchange Holdings Senior Executive Salary 6 - 11 years exp. (5 salaries)	₹3.2 L/yr - ₹4.2 L/yr 30% less
Netafim Agricultural Financing Agency Senior Executive Salary 3 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹3.2 L/yr 49% less
Shriram Fortune Solutions Senior Executive Salary 1 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 35% less
VGM Consultants Senior Executive Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹4.1 L/yr 48% less
Orange Retail Finance Senior Executive Salary 5 - 8 years exp. (4 salaries)	₹2.7 L/yr - ₹4 L/yr 43% less
OSB India Senior Executive Salary 2 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹4.8 L/yr 27% less
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Sambandh Finserve Senior Executive Salary 2 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹2.1 L/yr 71% less
India Forge & Drop Stampings Senior Executive Salary 1 - 9 years exp. (3 salaries)	₹1.8 L/yr - ₹4.1 L/yr 54% less
M.B.A Consulting India Senior Executive Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 53% less
SHARE Microfin Senior Executive Salary 5 - 15 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 34% less
Wishfin Senior Executive Salary 1 - 8 years exp. (3 salaries)	₹1 L/yr - ₹3.5 L/yr 48% less

Senior Executive salary at Formidium Corp ranges between ₹4.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Formidium Corp.

Experience wise Formidium Corp Senior Executive salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Formidium Corp

Senior Associate Salary

(253 salaries)

₹2.5 L/yr - ₹10 L/yr

Senior Analyst Salary

(4 salaries)

₹5.5 L/yr - ₹8 L/yr

Accountant Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Senior Process Associate Salary

(5 salaries)

₹4.25 L/yr - ₹7.5 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Process Associate Salary

(6 salaries)

₹3.5 L/yr - ₹4.35 L/yr

Financial Analyst Salary

(10 salaries)

₹2.1 L/yr - ₹6.4 L/yr

Salary related reviews for Formidium Corp

4.0

Rated by 1 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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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 Executive Salary FAQs

What is the salary of Senior Executive at Formidium Corp ?

The average salary of a Senior Executive at Formidium Corp in India typically ranges from ₹4.7 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Senior Executive at Formidium Corp earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Senior Executive 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 4 Formidium Corp employees in India.

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

The estimated take-home salary of a Senior Executive at Formidium Corp in India typically ranges from ₹42,082 to ₹43,216 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹6.5 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 4 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 Executive in India?

TMF Group

₹4.1 Lakhs to ₹9.0 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 Executive in companies similar to Formidium Corp in India?

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

Way2wealth Brokers	₹3.5 Lakhs to ₹6.2 Lakhs per year
OSB India	₹3.3 Lakhs to ₹4.8 Lakhs per year
MFXchange Holdings	₹3.2 Lakhs to ₹4.2 Lakhs per year
SHARE Microfin	₹3.3 Lakhs to ₹4.0 Lakhs per year
State Street Syntel	₹2.3 Lakhs to ₹4.3 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 Executive at Formidium Corp in India?

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

Experience	Average Salary Range
1 year	₹5.6 Lakhs to ₹7.2 Lakhs per year
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
8 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Formidium Corp Senior Executive Salaries

Formidium Corp Senior Executive salary in India ranges between ₹4.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Formidium Corp latest salaries received from various employees of Formidium Corp.