Average Payroll Manager Salary in Mumbai, Maharashtra

The line graph shows Payroll Manager salary in Mumbai, Maharashtra, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For 5-9 years, the Payroll Manager salary increases to ₹6,87,967.67

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₹9,65,681.07.

And finally, once the Payroll Manager gains 20 years of experience or more, their salary would reach ₹14,22,499.99.

The bar graph data indicates the importance of specific skills which can have a direct impact on Payroll Manager's salary. It clearly highlights the skills needed for a post of Payroll Manager when hired by an employer.

The most vital skill expected of Payroll Manager is Human Resources (HR) which impacts the most than the rest of the skills indicated with a staggering 51% comparatively. Therefore, one’s salary would greatly depend on their skills in Human Resources (HR).

The skill least likely to affect one’s pay would be Payroll Tax Compliance with 33%. It can be said that Payroll Tax Compliance skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Payroll Manager. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹6,98,706.00 whereas the highest earning is ₹14,67,282.00 which clearly shows the salary increases with the level of expertise.

Experienced person will earn the maximum salary of ₹14,67,282.00 at 47%. So to summerize, Mid Carrer earns 30% less than the average salary, Late Career earns 2% less than the average salary, Experienced earns 47% more than the average salary.