Average Risk Management Consultant Salary in India
The average annual salary of Risk Management Consultant is ₹8,88,456.00
The starting salary of Risk Management Consultant is between ₹4,81,780.00 and ₹5,66,800.00 whereas the maximum salary range is between ₹21,40,000.00 and ₹24,61,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹4,81,780.00 | ₹24,61,000.00 |
- Currency : INR
- Annual Salary : ₹8,88,456.00
- Weekly Pay : ₹16,429.00
- Fortnightly Salary : ₹32,857.00
- Monthly Salary : ₹71,190.00
Risk Management Consultant Salary Comparison by Gender
This pie chart demonstrates the gender share for Risk Management Consultant. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Risk Management Consultant compared to female. Their involvement is 79% while of female is only 21%.
Salary Distribution Based on Years of Experience
The line graph shows Risk Management Consultant salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Risk Management Consultant working less than a year in a company, you notice that their annual salary starts around ₹6,01,107.98.
As the years of experience reaches 1 to 4, there is a significant increase of ₹1,81,266.79 which would give a total wage of INR782,374.77.
Once the experience reaches 5-9 years Risk Management Consultant salary would increase again to a total of ₹12,08,660.78, adding ₹4,26,286.01 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₹19,13,400.00.
Prominent Skills Affecting Risk Management Consultant Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Risk Management Consultant's salary. It clearly highlights the skills needed for a post of Risk Management Consultant when hired by an employer.
The most vital skill expected of Risk Management Consultant is Project Management which impacts the most than the rest of the skills indicated with a staggering 19% comparatively. Therefore, one’s salary would greatly depend on their skills in Project Management.
The skill least likely to affect one’s pay would be Risk Management / Risk Control with 1%. It can be said that Risk Management / Risk Control skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Risk Management Consultant. 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 ₹5,77,496.00 whereas the highest earning is ₹19,54,603.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of ₹19,54,603.00 at 120%. So to summerize, Entry Level earns 35% less than the average salary, Early Career earns 13% less than the average salary, Mid Carrer earns 36% more than the average salary, Late Career earns 120% more than the average salary.
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