Formidium Corp Vice President Operations Salaries by 6 Employees (Updated 2024)

6 - 20 years exp.

₹35 Lakhs - ₹50 Lakhs

Salary of majority employees

8% less than the average Vice President Operations Salary in Financial Services Companies for 6 - 20 years of experience

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Last Updated: 19 Jul 2024

Companies similar to Formidium Corp for Vice President Operations

Company name	Avg Annual Salary	Open Jobs
KFintech Vice President Operations Salary 22 - 25 years exp. (7 salaries)	₹42 L/yr - ₹61 L/yr 26% more
Edelweiss Vice President Operations Salary 14 - 21 years exp. (4 salaries)	₹20 L/yr - ₹40 L/yr 29% less
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State Street Syntel Vice President Operations Salary 14 - 21 years exp. (4 salaries)	₹26.5 L/yr - ₹30 L/yr 34% less
JPMorgan Chase & Co. Vice President Operations Salary 13 - 22 years exp. (203 salaries)	₹25 L/yr - ₹66 L/yr 4% more
Goldman Sachs Vice President Operations Salary 7 - 14 years exp. (88 salaries)	₹14 L/yr - ₹52.4 L/yr 28% less

Vice President Operations salary at Formidium Corp ranges between ₹35 Lakhs to ₹50 Lakhs per year for employees with experience between 6 years to 20 years. Salary estimates are based on 6 latest salaries received from various employees of Formidium Corp.

Experience wise Formidium Corp Vice President Operations salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹35 L/yr - ₹35 L/yr
7 years (AmbitionBox Estimate)	₹31.9 L/yr - ₹40.8 L/yr
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8 years (AmbitionBox Estimate)	₹32.8 L/yr - ₹41.9 L/yr
9 years (AmbitionBox Estimate)	₹33.7 L/yr - ₹43.1 L/yr
10 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹40 L/yr
11 years (AmbitionBox Estimate)	₹37.5 L/yr - ₹71 L/yr
12 years (AmbitionBox Estimate)	₹36.4 L/yr - ₹46.5 L/yr
13 years (AmbitionBox Estimate)	₹37.3 L/yr - ₹47.6 L/yr
14 years (AmbitionBox Estimate)	₹38.2 L/yr - ₹48.8 L/yr
15+ years (3 salaries)	₹44 L/yr - ₹50 L/yr

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Similar Designation salaries in Formidium Corp

Assistant Vice President Operations Salary

(4 salaries)

₹22 L/yr - ₹30 L/yr

Head Operations Salary

(AmbitionBox Estimate)

₹92.1 L/yr - ₹101.9 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Senior Vice President Salary

(6 salaries)

₹40 L/yr - ₹60 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

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹16.9 L/yr - ₹21.6 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Assistant Vice President Salary

(7 salaries)

₹24 L/yr - ₹31.25 L/yr

Salary related reviews for Formidium Corp

Associate in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 20 Jul 2024

4.0

for Salary and Benefits

Likes

Buddy provided was a great help and create a ease of working in new work environment.

Dislikes

Team leaders don't pay any attention to actual enhancement of employee rather they create two team within the team and play games .

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

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.

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.

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.

Dislikes

Nothing

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Formidium Corp Vice President Operations Salary FAQs

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

Vice President Operations salary at Formidium Corp in India ranges between ₹35.0 Lakhs to ₹50.0 Lakhs for experience between 6 years to 20 years. According to our estimates it is 8% less than the average Vice President Operations 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 Vice President Operations at Formidium Corp India compare with the average salary range for this job?

The average salary of a Vice President Operations at Formidium Corp is 8% less than the average salary of a Vice President Operations in India. To know exact salary insights, login to view.

Which similar companies are paying more than Formidium Corp to a Vice President Operations in India?

KFintech Vice President Operations Salary - ₹42.0 Lakhs to ₹61.0 Lakhs per year
JPMorgan Chase & Co. Vice President Operations Salary - ₹25.0 Lakhs to ₹66.0 Lakhs per year

What is the salary of a Vice President Operations in companies similar to Formidium Corp in India?

Goldman Sachs Vice President Operations Salary - ₹14.0 Lakhs to ₹52.4 Lakhs per year
Edelweiss Vice President Operations Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year
State Street Syntel Vice President Operations Salary - ₹26.5 Lakhs to ₹30.0 Lakhs per year

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

The estimated take-home salary of a Vice President Operations at Formidium Corp ranges between ₹2,46,140 per month to ₹2,56,132 per month in India. The take-home salary calculation is based on the average Formidium Corp Vice President Operations salary in India which ranges between ₹35.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 6 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Vice President Operations at Formidium Corp?

According to AmbitionBox, 80% of the Formidium Corp Vice President Operationss reported a notice period of 15 days or less, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Formidium Corp Vice President Operations Salaries

Formidium Corp Vice President Operations salary in India ranges between ₹35 Lakhs to ₹50 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Formidium Corp latest salaries received from various employees of Formidium Corp.