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Executive Compensation Manager Salary in Mumbai, IN

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How much does an Executive Compensation Manager make in Mumbai, IN? The average Executive Compensation Manager salary in Mumbai, IN is ₹4,320,178 as of March 18, 2021, but the range typically falls between ₹1,743,192 and ₹5,282,281. 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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Global Market Data
50TH(Median) ₹4,320,178 25TH ₹1,743,192 75TH ₹5,282,281

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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
Analysis ₹4,925,003
Analysis
₹4,925,003
14%
Market Pricing ₹4,406,581
Market Pricing
₹4,406,581
2%
HRIS Systems ₹4,363,379
HRIS Systems
₹4,363,379
1%
Analysis
6.83%
Market Pricing
0.58%
HRIS Systems
7.52%
Job Openings for Executive Compensation Manager in Mumbai, India
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Career Path for Executive Compensation Manager

Executive Compensation Manager
Compensation Director

About Mumbai, India

Mumbai is on a narrow peninsula on the southwest of Salsette Island, which lies between the Arabian Sea to the west, Thane Creek to the east and Vasai Creek to the north. Mumbai's suburban district occupies most of the island. Navi Mumbai is east of Thane Creek and Thane is north of Vasai Creek. Mumbai consists of two distinct regions: Mumbai City district and Mumbai Suburban district, which form two separate revenue districts of Maharashtra. The city district region is also commonly referred to as the Island City or South Mumbai. The total area of Mumbai is 603.4 km2 (233 sq mi). Of this, the...
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
+ 8.4%
City, Country Jaipur, IN Compared to national average
-9.2%
City, Country Kanpur, IN Compared to national average
-6.6%
City, Country Lucknow, IN Compared to national average
-12.4%
City, Country Nagpur, IN Compared to national average
-16.3%
City, Country Indore, IN Compared to national average
-14.5%
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).

Understand the base salary paid range for an Executive Compensation Manager in Mumbai, IN

Average Base Salary

Core compensation

1743192
5282281
4320178
The chart shows the base salary for Executive Compensation Manager in Mumbai ranges from ₹1,743,192 to ₹5,282,281 with the average base salary of ₹4,320,178. 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

Can I expect to receive a higher salary for the position of Executive Compensation Manager in Mumbai than for the same job in Nagpur in the India?

On average, an Executive Compensation Manager, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Executive Compensation Manager Jobs. Since Mumbai, India is an attractive place to work for many professions, Executive Compensation Manager Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location. March 18, 2021 salary.com )
What is the salary range for an Executive Compensation Manager in Mumbai, India? What is the average hourly rate?

The average salary for an Executive Compensation Manager in Mumbai, India is ₹4,320,178 per year. The salary range for an Executive Compensation Manager is between ₹1,743,192 and ₹5,282,281. While we are seeing hourly wages as high as ₹2,540 and as low as ₹838, the majority of Executive Compensation Managers are currently paid an average of ₹2,077 in Mumbai, 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 Mumbai, India can differ based on any or all of these varying factors. March 18, 2021 salary.com )
Besides the base pay, what other benefits might be negotiable when considering an Executive Compensation Manager job? What common items are generally included in a total compensation package?

A total compensation package consists of base pay or salary and all other types of pay and benefits that an Executive Compensation Manager working in Mumbai, India will receive in exchange for their job. Some common items included in the total compensation of an Executive Compensation Manager working in the Mumbai, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Mumbai, India might also offer long-term incentives such as stock options or stock grants for Executive Compensation Managers. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you. March 18, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 18, 2021