Formidium Corp Senior Vice President Operations Salaries by 7 Employees

17 - 20 years exp.

₹50 Lakhs - ₹75 Lakhs

Salary of majority employees

6% less than the average Senior Vice President Operations Salary in Financial Services Companies for 17 - 20 years of experience

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Salaries in different departments

Finance & Accounting Senior Vice President Operations Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹57 L/yr - ₹63 L/yr
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Customer Success, Service & Operations Senior Vice President Operations Salary 19 years exp. (AmbitionBox Estimate)	₹71.3 L/yr - ₹78.8 L/yr

Last Updated: 17 Nov 2024

Companies similar to Formidium Corp for Senior Vice President Operations

Company name	Avg Annual Salary	Open Jobs
Citicorp Senior Vice President Operations Salary 15 - 23 years exp. (10 salaries)	₹51.3 L/yr - ₹85 L/yr 20% more
Goldman Sachs Senior Vice President Operations Salary 12 - 20 years exp. (7 salaries)	₹60 L/yr - ₹1 Cr/yr 14% more
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Teleperformance Senior Vice President Operations Salary 19 - 23 years exp. (5 salaries)	₹50 L/yr - ₹86.3 L/yr 14% more
Kotak Mahindra Bank Senior Vice President Operations Salary 10 - 24 years exp. (5 salaries)	₹35 L/yr - ₹60 L/yr 32% less
HSBC Group Senior Vice President Operations Salary 14 - 24 years exp. (5 salaries)	₹35 L/yr - ₹63 L/yr 18% less

Senior Vice President Operations salary at Formidium Corp ranges between ₹50 Lakhs to ₹75 Lakhs per year for employees with experience between 17 years to 20 years. Salary estimates are based on 7 latest salaries received from various employees of Formidium Corp.

Experience wise Formidium Corp Senior Vice President Operations salaries

Last Updated: 17 Nov 2024

Experience	Avg Annual Salary
15+ years (7 salaries)	₹50 L/yr - ₹75 L/yr
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Similar Designation salaries in Formidium Corp

Vice President Operations Salary

(6 salaries)

₹35 L/yr - ₹50 L/yr

Assistant Vice President Operations Salary

(4 salaries)

₹22 L/yr - ₹30 L/yr

Senior Vice President Salary

(6 salaries)

₹40 L/yr - ₹60 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹92.1 L/yr - ₹101.9 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Assistant Vice President Salary

(9 salaries)

₹24 L/yr - ₹37 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Operations Manager Salary

(6 salaries)

₹11 L/yr - ₹15 L/yr

Business Head Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for Formidium Corp

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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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 Vice President Operations Salary FAQs

What is the salary of Senior Vice President Operations at Formidium Corp ?

The average salary of a Senior Vice President Operations at Formidium Corp in India typically ranges from ₹50.0 Lakhs to ₹75.0 Lakhs per year, depending on experience (from 17 years to 20 years).

The top 10% of Senior Vice President Operations at Formidium Corp earn more than ₹74.0 Lakhs per year, and the top 1% earn over ₹75.0 Lakhs per year. Senior Vice President Operations 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 7 Formidium Corp employees in India.

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

The estimated take-home salary of a Senior Vice President Operations at Formidium Corp in India typically ranges from ₹3,42,027 to ₹3,54,329 per month. This is based on the average salary range of ₹50.0 Lakhs to ₹75.0 Lakhs per year for employees with experience ranging from 17 years to 20 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 7 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 Vice President Operations in India?

Citicorp	₹51.3 Lakhs to ₹85.0 Lakhs per year
Teleperformance	₹50.0 Lakhs to ₹86.3 Lakhs per year
Goldman Sachs	₹60.0 Lakhs to ₹100.0 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 Vice President Operations in companies similar to Formidium Corp in India?

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

HSBC Group	₹35.0 Lakhs to ₹63.0 Lakhs per year
Kotak Mahindra Bank	₹35.0 Lakhs to ₹60.0 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 Vice President Operations at Formidium Corp in India?

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

Experience	Average Salary Range
15 years	₹50.0 Lakhs to ₹75.0 Lakhs per year

and so on.

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Formidium Corp Senior Vice President Operations Salaries

Formidium Corp Senior Vice President Operations salary in India ranges between ₹50 Lakhs to ₹75 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Formidium Corp latest salaries received from various employees of Formidium Corp.