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TMF Group Payroll Executive salaries in India (Updated 2025)

Annual salary range
2 - 8 years exp.
₹3.7 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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57% more than the average Payroll Executive Salary in Financial Services Companies for 2 - 8 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Payroll Executive Salary
2 - 8 years exp. (13 salaries)
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₹3.7 L/yr - ₹6.5 L/yr

Human Resources
Payroll Executive Salary
3 - 7 years exp. (11 salaries)
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₹3.7 L/yr - ₹5.5 L/yr

Last Updated: 12 Feb 2025

Companies similar to TMF Group for Payroll Executive

Company name Avg Annual Salary Open Jobs
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Aon Payroll Executive Salary

2 - 8 years exp. (5 salaries)

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₹2.7 L/yr - ₹6 L/yr

arrow icon 34% less
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JPMorgan Chase & Co. Payroll Executive Salary

2 - 10 years exp. (5 salaries)

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₹2.8 L/yr - ₹7 L/yr

arrow icon 8% less
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UBS Payroll Executive Salary

0 - 5 years exp. (4 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 15% more
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BNP Paribas Payroll Executive Salary

4 - 12 years exp. (3 salaries)

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₹3.2 L/yr - ₹8.3 L/yr

arrow icon 3% more
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₹1.9 L/yr - ₹6.3 L/yr

arrow icon 39% less
Payroll Executive salary at TMF Group ranges between ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 26 latest salaries received from various employees of TMF Group.

Latest annual salaries shared by TMF Group Payroll Executive

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Experience wise TMF Group Payroll Executive salaries

Last Updated: 12 Feb 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.3 L/yr
3 years  (3 salaries)

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₹3.7 L/yr - ₹5.3 L/yr
4 years  (5 salaries)

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₹3.7 L/yr - ₹5.3 L/yr
5 years  (7 salaries)

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₹4.2 L/yr - ₹6 L/yr
6 years  (8 salaries)

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₹4.3 L/yr - ₹6.5 L/yr
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Similar Designation salaries in TMF Group

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₹4 L/yr - ₹6.3 L/yr
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₹6.12 L/yr - ₹8 L/yr
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₹6.2 L/yr - ₹7.25 L/yr
Payroll Associate Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Payroll Analyst Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
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₹3.6 L/yr - ₹4.7 L/yr
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₹4 L/yr - ₹5.05 L/yr
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₹8.5 L/yr - ₹10.1 L/yr
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₹5.5 L/yr - ₹6.48 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Top skills at TMF Group for Payroll Executive

Payroll Processing Payroll Statutory Compliance ESI Act Payroll Administration PF Payroll Management PF Act

Salary related reviews for TMF Group

2.6

Rated by 8 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 17 Jul 2023

2.0
 for  Salary and Benefits

Likes

Flexible hours Work life balance

  • Job security - Good
  • +1 more

Dislikes

Management is terrible! Despite the fact that you were not given a yearly bonus and appraisal, they always neglected you with excuses such as not having a budget. There is bias within the marketing department and the manager support girls regardless of their performance. This behaviour is unfair and unacceptable. Everyone should be treated equally, regardless of gender.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Other Department

2.0
  •  posted on 09 Mar 2025

2.0
 for  Salary and Benefits

Likes

You can salary credited before end of the month. Nothing except that.

Dislikes

I have worked in Secretarial team at the HO in Mumbai. The below is something I disliked: 1. There are almost all the Gujarati and Jain girls in the team along with HOD and it's Director. It gets very awkward since the culture is one sided for other people (boys and people from another religions) since these one sided culture people will never want to jeel up with you apart from work. 2. As due to this, I could see that there is also favouritism by senior people and the older employees are treated very well. 3. There is some competition for late sittings. Everyday people come early and they want to sit till late - maybe to impress their boses - but that's everyday routine. They will backbite if you are getting away on time from work. 4. Since the clients are global level ones, you have to be very careful. If you are doing few mistakes in work, there is no second chance for you. Your manager won't support you and the reporting boss will threaten you to resign. They won't give you time to settle down and will start comparing you with below designated people. 5. The best suited people would be the ones coming from their culture and speaking their language wipe be the ones who can go long in the company irrespective of their performances. 6. There is hardly any job security in this so called organisation. My recommendation is never join here.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Other Department

2.0
  •  posted on 16 Jan 2024

1.0
 for  Salary and Benefits

Likes

Company culture

  • Company culture - Good
  • +1 more

Dislikes

Salary: A person with two or more years of experience receives only 2k.TMF should look into it since employees work for your firm to expand, yet TMF treats them like beggars. Don't declare we'll give them a 10% or 20% raise because they only want a better package. Instead, consider their experience and pay them well.Some managers might not necessarily recommend solely.

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  • Salary - Bad
  • +3 more

Full Time

 · 

Human Resources Department

2.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Salary is only good thing in the organisation

Dislikes

If you can't l-i-c-k dash dash of your senior or you are not refer by someone knowing person in the organisation so you can not survive there, they will play with you like toy There is no trainer in the organisation and no one can provide you training, I faced this very literally even I asked multiple time from senior to take my review every week but they don't care because they already planned to fire you at the time of review....

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  • Skill development - Bad
  • +5 more

Full Time

 · 

GBSH Department

2.0
  •  posted on 30 Dec 2019

3.0
 for  Salary and Benefits

Likes

Company provides a good compensastion, NOTHING ELSE.

Dislikes

Compensation is decent. There is no job security and company has challenges in understading their resources. Majority of the decisions are made from EMEA region, hence most of the decisions are not alligned with Indian professionals interest. Efforts are unnoticed and appraisals are done on judgemental basis by Manager. GBSH is the worst project to work with as whole leadership ignores the grass root challenges. There is no benefits. There is NO scope to learn or improve skills. It is an Organized KIOS company. In general employee/team is threatned about job cuts

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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TMF Group Payroll Executive Salary FAQs

What is the salary of Payroll Executive at TMF Group ?
The average salary of a Payroll Executive at TMF Group in India typically ranges from ₹3.7 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Payroll Executive at TMF Group earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Payroll Executive Salaries at TMF Group 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 20+ TMF Group employees in India.
What is the estimated take home salary of a Payroll Executive at TMF Group in India?
The estimated take-home salary of a Payroll Executive at TMF Group in India typically ranges from ₹40,338 to ₹41,498 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 8 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 20+ salaries received from various employees of TMF Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Payroll Executive at TMF Group ?
To be a Payroll Executive at TMF Group in india, the key skills required include:

  • - Payroll Processing
  • - Payroll
  • - Statutory Compliance
  • - ESI Act
  • - Payroll Administration

These skills are highly valued at TMF Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than TMF Group for Payroll Executive in India?
UBS ₹5.0 Lakhs to ₹7.0 Lakhs per year
BNP Paribas ₹3.2 Lakhs to ₹8.3 Lakhs per year

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

JPMorgan Chase & Co. ₹2.8 Lakhs to ₹7.0 Lakhs per year
Aon ₹2.7 Lakhs to ₹6.0 Lakhs per year
Ascent HR Technologies Private Limited ₹1.9 Lakhs to ₹6.3 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 Payroll Executive at TMF Group in India?
The salary growth for a Payroll Executive at TMF Group depends on factors such as experience, performance, and promotions. On average, a Payroll Executive can expect the following growth trajectory at TMF Group:

Experience Average Salary Range
2 years ₹4.0 Lakhs to ₹8.3 Lakhs per year
3 years ₹3.7 Lakhs to ₹5.3 Lakhs per year
4 years ₹3.7 Lakhs to ₹5.3 Lakhs per year
5 years ₹4.2 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

TMF Group Payroll Executive salary in India ranges between ₹3.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 26 TMF Group latest salaries received from various employees of TMF Group.