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3.3

based on 185 Reviews

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Formidium Corp Senior Vice President salaries in India

Annual salary range
16 - 17 years exp.
₹40 Lakhs - ₹60 Lakhs
Salary of majority employees
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7% less than the average Senior Vice President Salary in Financial Services Companies for 16 - 17 years of experience

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Last Updated: 6 Oct 2024

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Senior Vice President salary at Formidium Corp ranges between ₹40 Lakhs to ₹60 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Formidium Corp.

Latest annual salaries shared by Formidium Corp Senior Vice President

3mo ago
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17 years exp.
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17 years exp.
7mo ago
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16 years exp.
10mo ago
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16 years exp.
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17 years exp.
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16 years exp.

Experience wise Formidium Corp Senior Vice President salaries

Last Updated: 6 Oct 2024

Experience Avg Annual Salary
15+ years  (6 salaries)

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₹40 L/yr - ₹60 L/yr

Similar Designation salaries in Formidium Corp

Associate Vice President Salary
(AmbitionBox Estimate)
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₹23.4 L/yr - ₹29.9 L/yr
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₹24 L/yr - ₹37 L/yr
Head Operations Salary
(AmbitionBox Estimate)
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₹92.1 L/yr - ₹101.9 L/yr
Senior Operations Manager Salary
(AmbitionBox Estimate)
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₹16.9 L/yr - ₹21.6 L/yr
Business Head Salary
(AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.3 L/yr
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₹11 L/yr - ₹15 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr
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₹35 L/yr - ₹50 L/yr
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₹22 L/yr - ₹30 L/yr

Salary related reviews for Formidium Corp

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

read more
  • Salary - Bad
    +6 more

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.

read more
  • Salary - Bad
    +6 more

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.

read more
  • Salary - Bad
    +6 more

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.

read more
  • Salary - Excellent
    +6 more

Dislikes

Nothing

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

...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.

read more
  • Salary - Bad
    +6 more
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Formidium Corp Senior Vice President Salary FAQs

What is the salary of Senior Vice President at Formidium Corp?
Senior Vice President salary at Formidium Corp in India ranges between ₹40.0 Lakhs to ₹60.0 Lakhs for experience between 16 years to 17 years. According to our estimates it is 7% less than the average Senior Vice President Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Formidium Corp India.
How does the salary of a Senior Vice President at Formidium Corp India compare with the average salary range for this job?
The average salary of a Senior Vice President at Formidium Corp is 7% less than the average salary of a Senior Vice President in India. To know exact salary insights, login to view.
Which similar companies are paying more than Formidium Corp to a Senior Vice President in India?
  • CAMS Senior Vice President Salary - ₹80.0 Lakhs to ₹96.0 Lakhs per year
  • KFintech Senior Vice President Salary - ₹70.0 Lakhs to ₹87.4 Lakhs per year
  • Edelweiss Senior Vice President Salary - ₹55.0 Lakhs to ₹101.0 Lakhs per year
What is the salary of a Senior Vice President in companies similar to Formidium Corp in India?
  • Way2wealth Brokers Senior Vice President Salary - ₹25.0 Lakhs to ₹38.0 Lakhs per year
  • Orange Retail Finance Senior Vice President Salary - ₹25.0 Lakhs to ₹36.0 Lakhs per year
  • CitiusTech Senior Vice President Salary - ₹12.0 Lakhs to ₹30.4 Lakhs per year
What is the estimated take home salary of a Senior Vice President at Formidium Corp in India?
The estimated take-home salary of a Senior Vice President at Formidium Corp ranges between ₹3,17,782 per month to ₹3,29,933 per month in India. The take-home salary calculation is based on the average Formidium Corp Senior Vice President salary in India which ranges between ₹40.0 Lakhs to ₹60.0 Lakhs per year for employees with experience between 16 years to 17 years. Check how did we calculate take home salary?
What is the notice period for Senior Vice President at Formidium Corp?
According to AmbitionBox, 60% of the Formidium Corp Senior Vice Presidents reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Formidium Corp Senior Vice President salary in India ranges between ₹40 Lakhs to ₹60 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Formidium Corp latest salaries received from various employees of Formidium Corp.