Synapse Labs Business Development Manager Salaries by 4 Employees

2 - 13 years exp.

₹4 Lakhs - ₹32 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

138% more than the average Business Development Manager Salary in Financial Services Companies for 2 - 13 years of experience

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Salaries in different departments

Healthcare & Life Sciences Business Development Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹32 L/yr
Sales & Business Development Business Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Legal & Regulatory Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 23 May 2024

Companies similar to Synapse Labs for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Business Development Manager Salary 0 - 13 years exp. (82 salaries)	₹3.4 L/yr - ₹7 L/yr 75% less
SBI Cards & Payment Services Business Development Manager Salary 2 - 8 years exp. (61 salaries)	₹1.8 L/yr - ₹4.4 L/yr 85% less
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Citicorp Business Development Manager Salary 1 - 11 years exp. (50 salaries)	₹9.3 L/yr - ₹36 L/yr 20% more
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 72% less
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 65% less
Xyz Company Business Development Manager Salary 0 - 14 years exp. (24 salaries)	₹11.3 L/yr - ₹23.2 L/yr 23% less
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 80% less
ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	₹3.5 L/yr - ₹8 L/yr 64% less
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 82% less
Pine Labs Business Development Manager Salary 2 - 6 years exp. (8 salaries)	₹4.5 L/yr - ₹13 L/yr 50% less
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 14% more	3 job openings
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Bajaj Finserv Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 78% less
Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 83% less
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	₹23.1 L/yr - ₹58 L/yr 98% more
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 75% less
Wells Fargo Business Development Manager Salary 11 - 14 years exp. (3 salaries)	₹30 L/yr - ₹45 L/yr 104% more

Business Development Manager salary at Synapse Labs ranges between ₹4 Lakhs to ₹32 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Synapse Labs.

Experience wise Synapse Labs Business Development Manager salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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11 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
13 years (AmbitionBox Estimate)	₹28.8 L/yr - ₹36.8 L/yr

Similar Designation salaries in Synapse Labs

Deputy Manager Salary

(4 salaries)

₹11.7 L/yr - ₹15 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹30.1 L/yr - ₹38.4 L/yr

Salary related reviews for Synapse Labs

Trainee Research Associate in Kharadi,nyati Empire Pune

Full Time

Project & Program Management Department

1.0

• posted on 13 Feb 2023

1.0

for Salary and Benefits

Likes

Nothing to like.

Dislikes

No culture,salary issue,no cleaning,no system,8 and half hrs shift completes then also they told us for work daily 11 to 12 hrs without any paying extra hrs working . i recommend not to join synapse mostly freshers.

Salary - Bad

+6 more

Executive Trainee in Pune Kharadi

Clinical QA in clinical research Department

3.0

• posted on 01 Sep 2020

1.0

for Salary and Benefits

Likes

Staff is really good. Learning is best. Best for fresher learning purpose. Freedom to do best of your work. Innovative idea can be apply.

Dislikes

... are trate enjoyed for only work and didn't give any benefit to the employee . Job security but not salary satisfaction.

Salary - Bad

+5 more

Principal Investigator Or Clinical Investigator in Pune

Full Time

Research & Development Department

4.0

• posted on 04 Oct 2023

2.0

for Salary and Benefits

Likes

For learning Synapse Labs is very good. Good in the sense means you taught yourself from scratch except for few seniors and colleagues. It's a good place for the freshers.

Skill development - Good

Dislikes

Appraisal and promotion are quite tough but at the same time this things gives an opportunity to develop your skills and learn more. Unfortunately a few rooten apple has degraded the Synapse Lab and their foolish or moronic influence in the management level cost many employees livelihoods. Some left the company and some stayed their as they don't have too much options.

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Synapse Labs Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Synapse Labs ?

The average salary of a Business Development Manager at Synapse Labs in India typically ranges from ₹4.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Business Development Manager at Synapse Labs earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Business Development Manager Salaries at Synapse Labs 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 Synapse Labs employees in India.

What is the estimated take home salary of a Business Development Manager at Synapse Labs in India?

The estimated take-home salary of a Business Development Manager at Synapse Labs in India typically ranges from ₹1,21,090 to ₹1,24,492 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 2 years to 13 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 Synapse Labs. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Synapse Labs for Business Development Manager in India?

Wells Fargo	₹30.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹23.1 Lakhs to ₹58.0 Lakhs per year
Citicorp	₹9.3 Lakhs to ₹36.0 Lakhs per year
HSBC Group	₹12.0 Lakhs to ₹35.0 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Synapse Labs in India?

The salary of a Business Development Manager at companies similar to Synapse Labs in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Xyz Company	₹11.3 Lakhs to ₹23.2 Lakhs per year
Pine Labs	₹4.5 Lakhs to ₹13.0 Lakhs per year
ICICI Securities	₹3.5 Lakhs to ₹8.0 Lakhs per year
American Express	₹3.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services	₹2.2 Lakhs to ₹9.0 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 Business Development Manager at Synapse Labs in India?

The salary growth for a Business Development Manager at Synapse Labs depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Synapse Labs:

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
9 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
11 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
13 years	₹28.8 Lakhs to ₹36.8 Lakhs per year

and so on.

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Synapse Labs Business Development Manager Salaries

Synapse Labs Business Development Manager salary in India ranges between ₹4 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Synapse Labs latest salaries received from various employees of Synapse Labs.