Tesco Reconciliation Associate Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹3.4 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

At par with the average Reconciliation Associate Salary in Retail Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Reconciliation Associate Salary Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Finance & Accounting Reconciliation Associate Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.7 L/yr

Last Updated: 9 Mar 2025

Companies similar to Tesco for Reconciliation Associate

Company name	Avg Annual Salary	Open Jobs
Clearwater Analytics Reconciliation Associate Salary 1 - 4 years exp. (24 salaries)	₹5 L/yr - ₹7.5 L/yr 53% more
TCS Reconciliation Associate Salary 0 - 4 years exp. (12 salaries)	₹1.6 L/yr - ₹2.5 L/yr 36% less
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State Street Syntel Reconciliation Associate Salary 1 - 3 years exp. (8 salaries)	₹2 L/yr - ₹2.7 L/yr 34% less
Eviden Reconciliation Associate Salary 0 - 4 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 23% less
BNY Reconciliation Associate Salary 0 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹5 L/yr 5% more

Reconciliation Associate salary at Tesco ranges between ₹3.4 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Tesco.

Experience wise Tesco Reconciliation Associate salaries

Last Updated: 9 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

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Salary related reviews for Tesco

3.0

Rated by 1 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jan 2022

3.0

for Salary and Benefits

Likes

Working culture is awesome Growth and opportunities are good Many skill development programs held to improve and develop person skills and knowledge sharing sessions

Skill development - Excellent

+4 more

Dislikes

Pay is on an average, and we don't have any additional benefits like Bonnus and pay for extra work

Senior Analyst in Bangalore / Bengaluru

Administration & Facilities Department

3.0

• posted on 11 Sep 2017

2.0

for Salary and Benefits

Likes

Good benefits, infrastructure and comfortable workplace. Good for those seeking just comfort without any career goals or ambitions

Job security - Good

+1 more

Dislikes

Poor pay/growth opportunities. The leadership and the management team need to change,live and follow the values of Tesco. Only then will the employees find real content in working for this company and benefit out of this place.

Salary - Poor

+3 more

Analyst in Bangalore / Bengaluru

Data Science & Analytics Department

2.0

• posted on 07 Sep 2018

2.0

for Salary and Benefits

Likes

Infrastructure, especially campus.

Dislikes

No growth, no substantial work, no recognition for the innovative ideas or works, Compensation on the paper doesn't match with take-home, meniscal politics and passing credit of others work to someone else, absolute lack of transparency in work assessment.

Salary - Poor

+6 more

Team Lead in Bangalore / Bengaluru

Commercial Payables Department

5.0

• posted on 13 Jan 2022

5.0

for Salary and Benefits

Likes

Excellent campus, relaxed work environment, huge scope for development and growth, good salary, bonus fairly paid as per performance and very talented management. International Travels were great and employees were really taken good care. Right from the on-boarding process till the exit, everything is managed so well and with so much respect. Tesco really lives by the Value -"Treat people like you want to be treated"...

Salary - Excellent

+6 more

Dislikes

I don't dislike anything... I love this place and would love to join back Tesco at any given point of time. It is my dream to go back some day...

Lead Applied Data Scientist in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 08 Mar 2025

4.0

for Salary and Benefits

Likes

Work life balance and pay scale

Salary - Good

+2 more

Dislikes

Alot of politics in senior management and to get promotion hard work doesn't matter but u have to be seen on the floor , ppl should know you , u should be part of all events.

Skill development - Bad

+3 more

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Tesco Reconciliation Associate Salary FAQs

What is the salary of Reconciliation Associate at Tesco ?

The average salary of a Reconciliation Associate at Tesco in India typically ranges from ₹3.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Reconciliation Associate at Tesco earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Reconciliation Associate Salaries at Tesco 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 Tesco employees in India.

What is the estimated take home salary of a Reconciliation Associate at Tesco in India?

The estimated take-home salary of a Reconciliation Associate at Tesco in India typically ranges from ₹26,920 to ₹28,330 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 Tesco. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tesco for Reconciliation Associate in India?

Clearwater Analytics	₹5.0 Lakhs to ₹7.5 Lakhs per year
BNY	₹2.5 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Reconciliation Associate in companies similar to Tesco in India?

The salary of a Reconciliation Associate at companies similar to Tesco in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Eviden	₹2.0 Lakhs to ₹3.0 Lakhs per year
State Street Syntel	₹2.0 Lakhs to ₹2.7 Lakhs per year
TCS	₹1.6 Lakhs to ₹2.5 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 Reconciliation Associate at Tesco in India?

The salary growth for a Reconciliation Associate at Tesco depends on factors such as experience, performance, and promotions. On average, a Reconciliation Associate can expect the following growth trajectory at Tesco:

Experience	Average Salary Range
Fresher	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Tesco Reconciliation Associate Salaries

Tesco Reconciliation Associate salary in India ranges between ₹3.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tesco latest salaries received from various employees of Tesco.