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Tech Mahindra Business Associate salaries in Pune (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.8 Lakh - ₹10.5 Lakhs
Salary of majority employees
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8% more than the average Business Associate Salary in IT Services & Consulting Companies for 0 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Business Associate Salary
0 - 9 years exp. (81 salaries)
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₹3 L/yr - ₹10.5 L/yr

Human Resources
Business Associate Salary
1 - 9 years exp. (52 salaries)
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₹2.4 L/yr - ₹8 L/yr

Data Science & Analytics
Business Associate Salary
0 - 3 years exp. (17 salaries)
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₹2.4 L/yr - ₹8 L/yr

Marketing & Communication
Business Associate Salary
0 - 5 years exp. (11 salaries)
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₹4.2 L/yr - ₹7.5 L/yr

Sales & Business Development
Business Associate Salary
1 - 5 years exp. (8 salaries)
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₹4.5 L/yr - ₹8 L/yr

View all

Last Updated: 22 Mar 2025

Companies similar to Tech Mahindra for Business Associate in Pune

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Tech Mahindra Business Associate Salary

0 - 9 years exp. (223 salaries)

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₹1.8 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. (130 salaries)

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₹1.2 L/yr - ₹8.3 L/yr

arrow icon 23% less
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Cognizant Business Associate Salary

0 - 5 years exp. (14 salaries)

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₹2 L/yr - ₹7.6 L/yr

arrow icon 13% less
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Infosys Business Associate Salary

1 - 5 years exp. (7 salaries)

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₹8.6 L/yr - ₹12.6 L/yr

arrow icon 84% more
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IBM Business Associate Salary

2 - 5 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 44% less
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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 61% less
Business Associate salary at Tech Mahindra ranges between ₹1.8 Lakh to ₹10.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 223 latest salaries received from various employees of Tech Mahindra.

Latest annual salaries shared by Tech Mahindra Business Associate in Pune

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Experience wise Tech Mahindra Business Associate salaries in Pune

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (22 salaries)

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₹2.5 L/yr - ₹9.5 L/yr
1 year  (37 salaries)

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₹1.8 L/yr - ₹10 L/yr
2 years  (35 salaries)

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₹2.4 L/yr - ₹10.5 L/yr
3 years  (35 salaries)

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₹3 L/yr - ₹9 L/yr
4 years  (32 salaries)

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₹3.1 L/yr - ₹9 L/yr
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Tech Mahindra Business Associate Salary and Career Growth

From

To

Business Associate

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0 - 9 years exp.

Senior Manager

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12 - 20 years exp.

Business Associate

0 - 9 years exp.
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Senior Business Associate

0 - 11 years exp.
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arrow icon 57% hike

Associate Manager

6 - 18 years exp.
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arrow icon 17% hike

From

To

Business Associate

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0 - 9 years exp.

Client Partner

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3 - 17 years exp.

From

To

Business Associate

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0 - 9 years exp.

Senior Operations Manager

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14 - 21 years exp.

From

To

Business Associate

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0 - 9 years exp.

Pmo Program Manager

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹5.86 L/yr - ₹23.5 L/yr
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₹2 L/yr - ₹10.98 L/yr
Analyst Salary
(80 salaries)
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₹2 L/yr - ₹7.05 L/yr
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₹8.77 L/yr - ₹32 L/yr
Lead Consultant Salary
(15 salaries)
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₹12 L/yr - ₹35 L/yr
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₹2.75 L/yr - ₹7 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

2.2

Rated by 29 employees for salary & benefits

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.

  • Skill development - Good
  • +1 more

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.

read more
  • Salary - Poor
  • +2 more

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).

read more
  • Job security - Good

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.

read more
  • Salary - Poor
  • +4 more

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.

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Dislikes

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

  • Salary - Poor
  • +4 more

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.

  • Work satisfaction - Excellent

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
  • Skill development - Excellent
  • +4 more

Dislikes

Management was very rude & HR also not supportable

see more salary related reviews

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Tech Mahindra Business Associate Salary FAQs

What is the salary of Business Associate at Tech Mahindra in Pune?
The average salary of a Business Associate at Tech Mahindra in Pune typically ranges from ₹1.8 Lakhs to ₹10.5 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Business Associate in Pune at Tech Mahindra earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Business Associate Salaries at Tech Mahindra 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 200+ Tech Mahindra employees in India.
What is the estimated take home salary of a Business Associate at Tech Mahindra in Pune?
The estimated take-home salary of a Business Associate at Tech Mahindra in Pune typically ranges from ₹43,813 to ₹44,921 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from Fresher to 9 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 200+ salaries received from various employees of Tech Mahindra. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Associate at Tech Mahindra in Pune?
To be a Business Associate at Tech Mahindra in Pune, the key skills required include:

  • - Accounting
  • - Forecasting
  • - Budgeting
  • - Variance Analysis
  • - Communication Skills

These skills are highly valued at Tech Mahindra and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Tech Mahindra for Business Associate in India?
Infosys ₹8.6 Lakhs to ₹12.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Tech Mahindra, depending on the role and experience level.
What is the salary of a Business Associate in companies similar to Tech Mahindra in Pune?
The salary of a Business Associate at companies similar to Tech Mahindra in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cognizant ₹2.0 Lakhs to ₹7.6 Lakhs per year
TCS ₹1.2 Lakhs to ₹8.3 Lakhs per year
IBM ₹2.5 Lakhs to ₹3.9 Lakhs per year
Altruist Technologies ₹1.2 Lakhs to ₹3.2 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 Associate at Tech Mahindra in Pune?
The salary growth for a Business Associate at Tech Mahindra in Pune depends on factors such as experience, performance, and promotions. On average, a Business Associate in Pune can expect the following growth trajectory at Tech Mahindra:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹9.5 Lakhs per year
1 year ₹1.8 Lakhs to ₹10.0 Lakhs per year
2 years ₹2.4 Lakhs to ₹10.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

Tech Mahindra Business Associate salary in Pune ranges between ₹1.8 Lakh to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 223 Tech Mahindra latest salaries received from various employees of Tech Mahindra.