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Last updated: November 10, 2024
Trust Manager Salary
in India
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
INR 3,314,220
Average Salary
INR 1,593/hr
Average Hourly
INR 221,721
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Trust Manager is INR 3,314,220 a year and INR 1,593 an hour in India. The average salary range for a Trust Manager is between INR 2,303,383 and INR 4,036,720. On average, a Bachelor's Degree is the highest level of education for a Trust Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in India.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
INR 4,093,113
5 Year Change:
24 %
Shift Differentials
Shift Differentials
Calculate Your Shift Differential
If your job has pay differentials, see how much more you could be earning with our shift differential calculator.
Based on the average salary in the United States, if your pay differential is 10%, your pay will increase by INR 159.34/hour
*some jobs may not have shift differentials, please contact info.eri@erieri.com for additional information.
What Is Shift Differential Pay?
Shift differentials are used to adjust the compensation of an employee due to the time of day or the day of the week that the employee worked.
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This role may have pay shift differentials that could affect total compensation.
Utilize ERI's signature shift differential data to calculate pay for night shifts, day shifts, and swing shifts and benchmark compensation with confidence. With our robust database, you can accurately price jobs based on industry-specific shift differential policies. ERI compiles shift differential pay data based on salary survey data to help users find reliable compensation information.
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About India
India Cost of Living Score:
Description:
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country in the world by area and the most populous country. 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; 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 share a maritime border with Thailand, Myanmar, and Indonesia.
Modern humans arrived on the Indian subcontinent...
Job Summary
Description:
- Oversees the day-to-day management of a trust (typically a taxpaying entity) that owns property and/or holds assets.
- Manages all administrative and fiduciary functions of the accounts assigned, including managing all accounts in accordance with trust documents, applicable legal requirements, and company compliance guidelines.
- Interfaces with clients with unusual and sophisticated tax situations and multi-family generations.
- Heads discussions on ongoing estate planning issues, gift, estate, and other tax and financial concerns about and with the client.
- Purchases and sells securities, balances bank accounts, and makes payments to the designated trust beneficiaries.
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Salary Recap
The average pay for a Trust Manager is INR 3,314,220 a year and INR 1,593 an hour in India. The average salary range for a Trust Manager is between INR 2,303,383 and INR 4,036,720. On average, a Bachelor's Degree is the highest level of education for a Trust Manager. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in India.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About India
India Cost of Living Score:
Description:
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country in the world by area and the most populous country. 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; 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 share a maritime border with Thailand, Myanmar, and Indonesia.
Modern humans arrived on the Indian subcontinent...
Job Summary
Description:
- Oversees the day-to-day management of a trust (typically a taxpaying entity) that owns property and/or holds assets.
- Manages all administrative and fiduciary functions of the accounts assigned, including managing all accounts in accordance with trust documents, applicable legal requirements, and company compliance guidelines.
- Interfaces with clients with unusual and sophisticated tax situations and multi-family generations.
- Heads discussions on ongoing estate planning issues, gift, estate, and other tax and financial concerns about and with the client.
- Purchases and sells securities, balances bank accounts, and makes payments to the designated trust beneficiaries.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More