Executive Compensation Manager Salary in India
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How much does an Executive Compensation Manager make in India? The average Executive Compensation Manager salary in India is ₹3,986,355 as of March 18, 2021, but the range typically falls between ₹1,608,494 and ₹4,874,116. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.
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Skills to Boost an Executive Compensation Manager Salary
Mastering key skills can significantly increase your earning potential as an Executive Compensation Manager. According to Salary.com's Real-time Job Posting Data, expertise in Analysis can lead to a 14% salary raise, while strong Market Pricing skills boost pay by a 2%. Even HRIS Systems can result in a 1% salary increase.
Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Analysis
Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Market Pricing
Setting the price of a product or service according to the current market price to ensure the business remains competitive while still growing ROI.
HRIS Systems
Is a form of Human Resources software that combines a number of systems and processes to ensure the easy management of human resources, business processes and data.
More Skills...
Based on recent job listings, in-demand skills in the Executive Compensation Manager field include Analysis (14%), Market Pricing (2%), and HRIS Systems (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| ₹4,544,444 |
Analysis
₹4,544,444
|
14%
|
|
| ₹4,066,082 |
Market Pricing
₹4,066,082
|
2%
|
|
| ₹4,026,218 |
HRIS Systems
₹4,026,218
|
1%
|
What does an Executive Compensation Manager do?
Executive Compensation Manager
Matamoros, MX
Actively supports team members across HR and looks for opportunities to improve processes, policies, and service levels.
12/30/2020
Executive Compensation Manager
Valencia, ES
Actively contributes towards effective recruiting metrics such as cost per hire, time to fill, customer satisfaction, etc.
12/28/2020
Executive Compensation Manager
Wroclaw, PL
Act as the subject matter expert on syndicated data resources and their uses as well as a champion of competitive intelligence in the organization.
12/24/2020
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Career Path for Executive Compensation Manager in India
About India
India (Hindi: Bhārat), officially the Republic of India (Hindi: Bhārat Gaṇarājya), is a country in South Asia. It is the second-most populous country, the seventh-largest country by land area, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west;[f] China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands shar...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Executive Compensation Manager Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Mumbai, IN |
Compared to national average
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| City, Country Jaipur, IN |
Compared to national average
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| City, Country Kanpur, IN |
Compared to national average
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| City, Country Lucknow, IN |
Compared to national average
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| City, Country Nagpur, IN |
Compared to national average
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| City, Country Indore, IN |
Compared to national average
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Employees with Executive Compensation Manager in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Executive Compensation Manager in India
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| Job Title | Salary Range in INR |
|---|---|
| Job Title Compensation Analyst I |
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| Job Title Compensation and Benefits Manager |
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| Job Title Compensation Manager |
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| Job Title Compensation Manager - Executive Rewards |
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| Job Title Compensation Supervisor |
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Understand the base salary paid range for an Executive Compensation Manager in India
Average Base Salary
Core compensation
1608494
4874116
The chart shows the base salary for Executive Compensation Manager ranges from ₹1,608,494 to ₹4,874,116 with the average base salary of ₹3,986,355. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Executive Compensation Manager may get paid difference by industry, location, and factors.
Executive Compensation Manager Frequently Asked Questions in India
What is the salary range for an Executive Compensation Manager in India? What is the average hourly rate?
The average salary for an Executive Compensation Manager in India is ₹3,986,355 per year. The salary range for an Executive Compensation Manager is between ₹1,608,494 and ₹4,874,116. While we are seeing hourly wages as high as ₹2,343 and as low as ₹773, the majority of Executive Compensation Managers are currently paid an average of ₹1,917 in India. The average salary pay range for an Executive Compensation Manager can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Executive Compensation Manager in India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
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Why should you negotiate salary for an Executive Compensation Manager role? What are effective negotiation strategies?
Most hiring managers in India expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Executive Compensation Manager position that you can in India. This starting salary of the Executive Compensation Manager position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Executive Compensation Manager position in India, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs.
March 18, 2021
salary.com
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How do you evaluate the advantages, opportunities, and salary for an Executive Compensation Manager role located in large metropolitan city or in a small town?
Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Executive Compensation Manager in the India can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Executive Compensation Manager job in a large city of the India may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the India also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Executive Compensation Manager job is right for you.
March 18, 2021
salary.com
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Last Update: March 18, 2021