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3.6

based on 33.6k Reviews

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Tech Mahindra Business Associate salaries in Mumbai

Annual salary range
0 - 7 years exp.
₹2.5 Lakhs - ₹10.5 Lakhs
Salary of majority employees
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16% more than the average Business Associate Salary in IT Services & Consulting Companies for 0 - 7 years of experience

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Salaries in different departments

Human Resources
Business Associate Salary
0 - 7 years exp. (13 salaries)
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₹2.6 L/yr - ₹7.7 L/yr

Data Science & Analytics
Business Associate Salary
1 - 5 years exp. (8 salaries)
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₹4.5 L/yr - ₹10.5 L/yr

Consulting
Business Associate Salary
1 - 3 years exp. (5 salaries)
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₹5.6 L/yr - ₹7 L/yr

Finance & Accounting
Business Associate Salary
1 - 7 years exp. (4 salaries)
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₹2.8 L/yr - ₹9 L/yr

Marketing & Communication
Business Associate Salary
0 - 2 years exp. (4 salaries)
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₹5.1 L/yr - ₹6.8 L/yr

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Last Updated: 30 Dec 2024

Companies similar to Tech Mahindra for Business Associate in Mumbai

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Tech Mahindra Business Associate Salary

0 - 7 years exp. (57 salaries)

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₹2.5 L/yr - ₹10.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TCS Business Associate Salary

1 - 7 years exp. (77 salaries)

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₹1.1 L/yr - ₹9 L/yr

arrow icon 24% less
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Infosys Business Associate Salary

2 - 6 years exp. (5 salaries)

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₹2.5 L/yr - ₹6.6 L/yr

arrow icon 26% less
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Accenture Business Associate Salary

1 - 7 years exp. (19 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 39% less
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IBM Business Associate Salary

2 - 6 years exp. (3 salaries)

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₹2.4 L/yr - ₹3.9 L/yr

arrow icon 43% less
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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 66% less
Business Associate salary at Tech Mahindra ranges between ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 57 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Business Associate in Mumbai

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Experience wise Tech Mahindra Business Associate salaries in Mumbai

Last Updated: 30 Dec 2024

Experience Avg Annual Salary
Fresher  (9 salaries)

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₹3.6 L/yr - ₹6.2 L/yr
1 year  (18 salaries)

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₹2.5 L/yr - ₹10.4 L/yr
2 years  (6 salaries)

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₹4.5 L/yr - ₹6.1 L/yr
3 years  (10 salaries)

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₹4.8 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹6.5 L/yr
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Similar Designation salaries in Tech Mahindra

Team Lead Salary
(239 salaries)
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₹5.05 L/yr - ₹17.12 L/yr
Project Manager Salary
(177 salaries)
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₹9.35 L/yr - ₹34.92 L/yr
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₹6.26 L/yr - ₹26 L/yr
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₹1.95 L/yr - ₹6 L/yr
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₹4 L/yr - ₹16.87 L/yr
Analyst Salary
(70 salaries)
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₹2.5 L/yr - ₹9 L/yr
Senior Analyst Salary
(40 salaries)
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₹3.6 L/yr - ₹13 L/yr
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₹9.47 L/yr - ₹24 L/yr

Top skills at Tech Mahindra for Business Associate

Accounting Forecasting Budgeting Variance Analysis Communication Skills PL General Ledger Finance Vendor Management HR Business Analytics FPA bengali international Procurement

Salary related reviews for Tech Mahindra

2.8

Rated by 2 employees for salary & benefits

Full Time

 · 

Human Resources Department

2.0
  •  posted on 28 Mar 2022

2.0
 for  Salary and Benefits

Likes

The Policies are backdated. Even the handbooks are years old. Work and balance depends more on the manager that one gets here. Most manager level positions are occupied by 15-20 year veterans and the only thing they know is Politics. Once a person joins they would likely realise that they made a mistake. Work is slow and more emphasis on the show off rather than the actual work done.

read more

Dislikes

On time salary, WFH allowance and the WFH support since the pandemic

Full Time

 · 

Human Resources Department

3.0
  •  posted on 27 Dec 2022

2.0
 for  Salary and Benefits

Likes

It is an average place to work. There are few learning programs. Not much stressed work.

Dislikes

Compensation benifits are not great. Appraisal is not having at the right time. Hardly any engagement activities. Poor team building activities. No reimbursement for team lunches. Bad insurance policy.

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Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 20 Jun 2022

2.0
 for  Salary and Benefits

Likes

1. Learning will be good. 2. You can explore a lot to find which career path you to choose further in life if you jump for next role (For Freshers). 3. Infrastructure (Building).

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Dislikes

...ll not be solved. 3. You will be asked to work like a goat on the role assigned. So no proper pay and no work-life balance. 4. Managers will ask you to work like hell even though there is no requirement of the particular task to be completed on time and they credit of most of your work. 5. HR Support is pathetic. HR's will work with these managers and never value your feedback even if you have issues with managers. They both will create pressure to an employee by working together. It's a pity state. 6. As per company policy working hours is 9 hours/day and sometimes as per work requirement one can able to extend the day. But manager's after extending most of the days to 12 hours, they still want you to work like a goat. Sometimes you will be asked to work over weekends after extending 12 hours a day in week. This shows how work life balance is. 7. Other support teams on this role will not even support. 8. You will not get time for other skill development as most of your day is occupied in work. Overall review - No employee satisfaction, job satisfaction, no work-life balance, no proper pay of incentives. TechM internal system (Mid senior level) is pathetic and never interferes in emploiyee engagement to understand the challenges faced by the employees. They use outdated system for many process which is not upto industry standards. Many process are not systematic and no guidelines are followed by internal systems to meet deadlines. To be honest - only the escalation matrix will work in Tech Mahindra.

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Finance & Accounting Department

3.0
  •  posted on 07 Apr 2021

3.0
 for  Salary and Benefits

Likes

It's a good place to work for women . Company has policy of taking back women associates who come after long leaves.

Dislikes

It's not a proactive organisation. Culture is a bit layed back . Compensation and benifits are not that great . Work life balance is not there.

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Business Process Outsourcing Department

3.0
  •  posted on 28 Feb 2022

3.0
 for  Salary and Benefits

Likes

Good work culture even good for freshers only paying very less salary as comparison to the market. Overall experience in the tech Mahindra are just average

read more

Dislikes

Management was very rude & HR also not supportable

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Tech Mahindra Business Associate Salary FAQs

What is the salary of Business Associate at Tech Mahindra Mumbai?
Business Associate salary at Tech Mahindra in Mumbai ranges between ₹2.5 Lakhs to ₹10.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 16% more than the average Business Associate Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Tech Mahindra Mumbai.
How does the salary of a Business Associate at Tech Mahindra Mumbai compare with the average salary range for this job?
The average salary of a Business Associate at Tech Mahindra is 16% more than the average salary of a Business Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Business Associate at Tech Mahindra?
Accounting, Forecasting, Budgeting, Variance Analysis and Communication Skills are some of the popular skills required to work as a Business Associate at Tech Mahindra Mumbai.
What is the salary of a Business Associate in companies similar to Tech Mahindra in Mumbai?
  • TCS Business Associate Salary - ₹1.1 Lakhs to ₹9.0 Lakhs per year
  • Infosys Business Associate Salary - ₹2.5 Lakhs to ₹6.6 Lakhs per year
  • Accenture Business Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • IBM Business Associate Salary - ₹2.4 Lakhs to ₹3.9 Lakhs per year
  • AARGEE STAFFING SERVICES Business Associate Salary - ₹1.5 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Business Associate at Tech Mahindra in Mumbai?
The estimated take-home salary of a Business Associate at Tech Mahindra ranges between ₹45,945 per month to ₹47,035 per month in Mumbai. The take-home salary calculation is based on the average Tech Mahindra Business Associate salary in India which ranges between ₹2.5 Lakhs to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Business Associate at Tech Mahindra in Mumbai?
According to AmbitionBox, 43% of the Tech Mahindra Business Associates in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Tech Mahindra Business Associate salary in Mumbai ranges between ₹2.5 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 57 Tech Mahindra latest salaries received from various employees of Tech Mahindra.