Travelex Payroll Specialist Salaries by 4 Employees (Updated 2025)

7 - 13 years exp.

₹6 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

42% more than the average Payroll Specialist Salary in Financial Services Companies for 7 - 13 years of experience

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Last Updated: 30 Nov 2024

Companies similar to Travelex for Payroll Specialist

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Payroll Specialist Salary 4 - 11 years exp. (14 salaries)	₹5.2 L/yr - ₹14.6 L/yr 31% more
UBS Payroll Specialist Salary 3 - 6 years exp. (12 salaries)	₹4.2 L/yr - ₹8.5 L/yr 10% less
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TMF Group Payroll Specialist Salary 6 - 9 years exp. (11 salaries)	₹6.1 L/yr - ₹7.4 L/yr 8% less
Ocwen Financial Solutions Payroll Specialist Salary 5 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹7.3 L/yr 26% less
Franklin Templeton Investments Payroll Specialist Salary 4 - 5 years exp. (3 salaries)	₹5.8 L/yr - ₹8 L/yr 9% less
Wells Fargo Payroll Specialist Salary 2 - 8 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 5% less

Payroll Specialist salary at Travelex ranges between ₹6 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Travelex.

Experience wise Travelex Payroll Specialist salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
13 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Travelex

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Payroll Associate Salary

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Senior Analyst Salary

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Analyst Salary

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Senior Payroll Executive Salary

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Account Assistant Salary

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₹3.4 L/yr - ₹4.4 L/yr

Top skills at Travelex for Payroll Specialist

SAP ERP Payroll Management Payroll Processing

Salary related reviews for Travelex

Analyst in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 17 May 2022

5.0

for Salary and Benefits

Likes

Salary Good higher management. Employee friendly policies Employee welfare

Salary - Excellent

+3 more

Dislikes

Poor middle management and leads who create politics hindering the growth . No scope for growth of skills No learning Lazy attitude of most employees towards work. Proactive attitude is highly needed .

Promotions - Poor

+1 more

Senior Analyst in Mumbai

It Operations Department

3.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

... the teams are merged with over loaded work Half of the staff redundant Pros:- On time salary Good leave policy Health insurance for self and parents Free Transport No career growth if you are hardworking person.

Dislikes

Already mentioned.

Skill development - Poor

+4 more

Analyst in Mumbai

Finance & Accounting Department

2.0

• posted on 14 Aug 2020

1.0

for Salary and Benefits

Likes

They allow me work from home. Which helps me a lot in covid 19

Dislikes

The didn't provide the good network connection. Salary deduction, haven't provide us bonus of 1st , 2nd quarter No increment & there no job security now.

Salary - Bad

+4 more

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 27 Mar 2023

5.0

for Salary and Benefits

Likes

...hift and two way cab for night shift which is free of cost with shift allowance. If you are working on public holidays you will get comp-off plus extra pay for that day with meals. Good canteen facilities. If you are getting bored, you can play Carrom, Video Games with your colleagues. Excellent work culture. You will celebrate all festivals and enjoy fun activities. Drink lovers can enjoy the Annual Party with unlimited drinks and other stuffs in 5 star hotels. Company organises annual Cricket League for cricket lovers too. You can cover your spouse, childrens and parents also in mediclaim no extra pay for your parents. You won't regret after joining this company.

Salary - Excellent

+5 more

Dislikes

There is nothing to dislike except job security

AVP - Deputy Head Of IT Support in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Mar 2023

2.0

for Salary and Benefits

Likes

- Social events is the only good point. - Variable pay

Dislikes

- No work life Balance. - High level of Partiality. - If you have worked in a disciplined environment then it would be difficult to survive here as there is no defined process and professional culture in this organisation. - Senior Management is very rude and manipulate process almost every day. - Blame game is too common. - Difficult to reach Senior Management to propose any suggestions or improvement plan. - Worst legacy application environment is in place to work with however nonone will tell u before appointment and post appointment management will pressurize like anything. - HR never ever assist for any Query. - On paper hybrid work culture mentioned there but reality is different. - Think atleast thrice before u join.

Salary - Poor

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Travelex Payroll Specialist Salary FAQs

What is the salary of Payroll Specialist at Travelex?

Payroll Specialist salary at Travelex in India ranges between ₹6.0 Lakhs to ₹9.5 Lakhs for experience between 7 years to 13 years. According to our estimates it is 42% more than the average Payroll Specialist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Travelex India.

How does the salary of a Payroll Specialist at Travelex India compare with the average salary range for this job?

The average salary of a Payroll Specialist at Travelex is 42% more than the average salary of a Payroll Specialist in India. To know exact salary insights, login to view.

What are the top skills required to work as a Payroll Specialist at Travelex?

SAP, ERP, Payroll Management and Payroll Processing are some of the popular skills required to work as a Payroll Specialist at Travelex India.

Which similar companies are paying more than Travelex to a Payroll Specialist in India?

JPMorgan Chase & Co. Payroll Specialist Salary - ₹5.2 Lakhs to ₹14.6 Lakhs per year

What is the salary of a Payroll Specialist in companies similar to Travelex in India?

Wells Fargo Payroll Specialist Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
TMF Group Payroll Specialist Salary - ₹6.1 Lakhs to ₹7.4 Lakhs per year
Franklin Templeton Investments Payroll Specialist Salary - ₹5.8 Lakhs to ₹8.0 Lakhs per year
UBS Payroll Specialist Salary - ₹4.2 Lakhs to ₹8.5 Lakhs per year
Ocwen Financial Solutions Payroll Specialist Salary - ₹4.6 Lakhs to ₹7.3 Lakhs per year

What is the estimated take home salary of a Payroll Specialist at Travelex in India?

The estimated take-home salary of a Payroll Specialist at Travelex ranges between ₹57,375 per month to ₹58,818 per month in India. The take-home salary calculation is based on the average Travelex Payroll Specialist salary in India which ranges between ₹6.0 Lakhs to ₹9.5 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Payroll Specialist at Travelex?

According to AmbitionBox, 100% of the Travelex Payroll Specialists reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Travelex Payroll Specialist Salaries

Travelex Payroll Specialist salary in India ranges between ₹6 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Travelex latest salaries received from various employees of Travelex.