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Way2wealth Brokers Branch Manager salaries in Nashik

Annual salary range
9 - 13 years exp.
₹5.6 Lakhs - ₹7 Lakhs
Salary of majority employees
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21% less than the average Branch Manager Salary in Financial Services Companies for 9 - 13 years of experience

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Last Updated: 4 Oct 2024

Companies similar to Way2wealth Brokers for Branch Manager in Nashik

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Way2wealth Brokers Branch Manager Salary

9 - 13 years exp. (4 salaries)

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₹5.6 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Branch Manager Salary

8 - 18 years exp. (20 salaries)

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₹5.8 L/yr - ₹16 L/yr

arrow icon 107% more
3 job openings
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IDFC FIRST Bharat Branch Manager Salary

4 - 11 years exp. (12 salaries)

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₹3.5 L/yr - ₹10.2 L/yr

arrow icon 18% less
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MAS Financial Services Branch Manager Salary

4 - 11 years exp. (7 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 11% less
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Axis Max Life Insurance Branch Manager Salary

8 - 15 years exp. (6 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 65% more
3 job openings
Branch Manager salary at Way2wealth Brokers ranges between ₹5.6 Lakhs to ₹7 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Way2wealth Brokers.

Latest annual salaries shared by Way2wealth Brokers Branch Manager in Nashik

5mo ago
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13 years exp.
1y ago
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12 years exp.
1y ago
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11 years exp.

Experience wise Way2wealth Brokers Branch Manager salaries in Nashik

Last Updated: 4 Oct 2024

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
12 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
13 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr

Top skills at Way2wealth Brokers for Branch Manager

Insurance Revenue Generation Life Insurance Branch Management Team Building Currency Agency Management Heading Branch Business Generation New Client Acquisition LI structured products Sales Agency Sales Derivatives

Salary related reviews for Way2wealth Brokers

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Other Department

1.0
  •  posted on 06 Nov 2023

1.0
 for  Salary and Benefits

Likes

Nothing to like there

Dislikes

Management is not good.every month need to achive the target, if you can't achieved than they will deduct 30% from your salary, Management want only those can do minimum 2 x revenu, othere than they will through you without any notice period, in same day they will settled you.

read more
  • Salary - Bad
  • +6 more

Investment Department

5.0
  •  posted on 11 Jan 2019

3.0
 for  Salary and Benefits

Likes

Colleagues for more knowledge sharing and helping. Hierarchy give respect and always give opportunity to elevat us

  • Skill development - Good
  • +5 more

Dislikes

Compensation and salary and incentive structure not attractive and management changes frequently.

read more

Human Resources Department

2.0
  •  posted on 18 Apr 2022

1.0
 for  Salary and Benefits

Likes

You won't get appraisal....they screw you up and get all work done but poor pay is the final result.... No learning, no appraisal, no respect they treat you very badly....being an MBA graduate I was just paid 10k for 3yrs no appraisal nothing.....no employee benefits

read more

Dislikes

The way they treat employees are worst.... No employee benefits...

  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 30 Jun 2020

4.0
 for  Salary and Benefits

Likes

My seniors are supporting me I m happy for that, they will guide me if I did any mistakes, and they will teach me well.

read more
  • Salary - Good
  • +6 more

Dislikes

Compensation is low, some time work pressure is high, need to work 12 to 23 a day.

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 01 Apr 2024

3.0
 for  Salary and Benefits

Likes

Good work life balance if you are interested in sales. If you acheive your targets, the benefits are good.

  • Job security - Good
  • +2 more

Dislikes

This is one of the pioneers of wealth management cos. But they have no proper client base and their services were not good in past. So it will be the employee's responsibility to fetch fresh clients. The company still lags behind in technology. They follow age old process of forms based application. Outdated.

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Way2wealth Brokers Branch Manager Salary FAQs

What is the salary of Branch Manager at Way2wealth Brokers in Nashik?
The average salary of a Branch Manager at Way2wealth Brokers in Nashik typically ranges from ₹5.6 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 9 years to 13 years).

The top 10% of Branch Manager in Nashik at Way2wealth Brokers earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager Salaries at Way2wealth Brokers 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 Way2wealth Brokers employees in India.
What is the estimated take home salary of a Branch Manager at Way2wealth Brokers in Nashik?
The estimated take-home salary of a Branch Manager at Way2wealth Brokers in Nashik typically ranges from ₹51,576 to ₹52,792 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 9 years to 13 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 Way2wealth Brokers. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at Way2wealth Brokers in Nashik?
To be a Branch Manager at Way2wealth Brokers in Nashik, the key skills required include:

  • - Insurance
  • - Revenue Generation
  • - Life Insurance
  • - Branch Management
  • - Team Building

These skills are highly valued at Way2wealth Brokers and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Way2wealth Brokers for Branch Manager in India?
Yes Bank ₹5.8 Lakhs to ₹16.0 Lakhs per year
Axis Max Life Insurance ₹8.5 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Way2wealth Brokers, depending on the role and experience level.
What is the salary of a Branch Manager in companies similar to Way2wealth Brokers in Nashik?
The salary of a Branch Manager at companies similar to Way2wealth Brokers in Nashik varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MAS Financial Services ₹3.5 Lakhs to ₹7.0 Lakhs per year
IDFC FIRST Bharat ₹3.5 Lakhs to ₹10.2 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 Branch Manager at Way2wealth Brokers in Nashik?
The salary growth for a Branch Manager at Way2wealth Brokers in Nashik depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Nashik can expect the following growth trajectory at Way2wealth Brokers:

Experience Average Salary Range
9 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
10 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
11 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
12 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
and so on.

Tell us how to improve this page.

Way2wealth Brokers Branch Manager salary in Nashik ranges between ₹5.6 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Way2wealth Brokers latest salaries received from various employees of Way2wealth Brokers.