Abbott Procurement Manager Salaries by 8 Employees

11 - 24 years exp.

₹16 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹18.7 Lakhs

Variable (5%)

₹0.9 Lakh

25% more than the average Procurement Manager Salary in Pharma Companies for 11 - 24 years of experience

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Last Updated: 20 Dec 2024

Companies similar to Abbott for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
GlaxoSmithKline Pharmaceuticals Procurement Manager Salary 6 - 22 years exp. (14 salaries)	₹13 L/yr - ₹36 L/yr 31% more
Teva Pharmaceuticals Procurement Manager Salary 5 - 11 years exp. (7 salaries)	₹12.6 L/yr - ₹19.7 L/yr 24% less
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Piramal Pharma Procurement Manager Salary 8 - 12 years exp. (6 salaries)	₹9.6 L/yr - ₹20.2 L/yr 18% less
Sanofi Procurement Manager Salary 11 - 22 years exp. (5 salaries)	₹17 L/yr - ₹19.1 L/yr 8% less
Eli Lilly and Company Procurement Manager Salary 7 - 11 years exp. (4 salaries)	₹7.8 L/yr - ₹8.6 L/yr 58% less
Merck Procurement Manager Salary 11 - 26 years exp. (4 salaries)	₹12 L/yr - ₹28.2 L/yr 10% less
Viatris Procurement Manager Salary 11 - 20 years exp. (4 salaries)	₹10 L/yr - ₹18 L/yr 25% less
Agilent Technologies Procurement Manager Salary 5 - 11 years exp. (3 salaries)	₹8.6 L/yr - ₹14.1 L/yr 37% less
Pfizer Procurement Manager Salary 10 - 20 years exp. (3 salaries)	₹15 L/yr - ₹17 L/yr 18% less

Procurement Manager salary at Abbott ranges between ₹16 Lakhs to ₹25 Lakhs per year for employees with experience between 11 years to 24 years. Salary estimates are based on 8 latest salaries received from various employees of Abbott.

Experience wise Abbott Procurement Manager salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹21.4 L/yr
12 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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13 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
14 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
15+ years (7 salaries)	₹16 L/yr - ₹25 L/yr

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Top skills at Abbott for Procurement Manager

Pharma Procurement Category Management Project Management Supply Chain Packaging SAP Data Management Cost Reduction Management Data Analysis Team Management New Vendor Development MIS Logistics

Salary related reviews for Abbott

4.6

Rated by 2 employees for salary & benefits

Therapy Business Manager in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 28 Jan 2025

4.0

for Salary and Benefits

Likes

Sales Data & related things Which makes ease in filling excel formats.

Salary - Good

+2 more

Dislikes

Not providing parental insurance, They have policy for parental insurance but you have to pay premium which is to high, If compare with corporate insurance.

Skill development - Poor

Therapy Business Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

2.0

• posted on 29 Jul 2024

3.0

for Salary and Benefits

Likes

Good Training Team,,, Salary And Incentives are good.

Skill development - Good

Dislikes

Toxic Manager's,Lack of Support from Newly promoted Manager's,Not Skilled enough to Handle the Team' and Poor Team Management. Harassment from Manager's to TBMs

Job security - Bad

+4 more

Senior Territory Business Manager in Khammam (working remotely)

Full Time

Marketing & Communication Department

5.0

• posted on 29 Sep 2024

5.0

for Salary and Benefits

Likes

Everything is good except promotions & CTC.

Salary - Excellent

+5 more

Dislikes

Proper salary corrections are not happening as per age & experiencing. Iam 34 years old, having 9 years experience in Abbott with 6.2 lac CTC. my juniors with 26 years old & 2 years of experience is having more than 8 lac CTC. Training department has not designed promotions in proper way. That’s why I resigned to company.

Promotions - Poor

Therapy Business Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 08 Feb 2023

3.0

for Salary and Benefits

Likes

...ulture is good. 2) Get to learn about more scientific knowledge about product. 3) Less deduction in salary.

Skill development - Excellent

+2 more

Dislikes

1) When product market share gets down, the upper management sales team start to pressurise more and keep mettings on meeting. 2) Forget about the Promotion and yearly increment.

Promotions - Bad

+1 more

Area Business Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 21 Jan 2024

4.0

for Salary and Benefits

Likes

Pay and company image

Salary - Good

+1 more

Dislikes

You have to satisfy the ego of your boss and should be ready to give money to stockiest to do your target. If you don't do your target, you will be targeted and will be blackmailed

Job security - Bad

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Abbott Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Abbott ?

The average salary of a Procurement Manager at Abbott in India typically ranges from ₹16.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 11 years to 24 years).

The top 10% of Procurement Manager at Abbott earn more than ₹24.6 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Procurement Manager Salaries at Abbott can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Abbott employees in India.

What is the estimated take home salary of a Procurement Manager at Abbott in India?

The estimated take-home salary of a Procurement Manager at Abbott in India typically ranges from ₹1,29,431 to ₹1,33,943 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 11 years to 24 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Abbott. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Manager at Abbott ?

To be a Procurement Manager at Abbott in india, the key skills required include:

- Pharma
- Procurement
- Category Management
- Project Management
- Supply Chain

These skills are highly valued at Abbott and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Abbott for Procurement Manager in India?

GlaxoSmithKline Pharmaceuticals

₹13.0 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Abbott, depending on the role and experience level.

What is the salary of a Procurement Manager in companies similar to Abbott in India?

The salary of a Procurement Manager at companies similar to Abbott in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sanofi	₹17.0 Lakhs to ₹19.1 Lakhs per year
Merck	₹12.0 Lakhs to ₹28.2 Lakhs per year
Piramal Pharma	₹9.6 Lakhs to ₹20.2 Lakhs per year
Pfizer	₹15.0 Lakhs to ₹17.0 Lakhs per year
Teva Pharmaceuticals	₹12.6 Lakhs to ₹19.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Procurement Manager at Abbott in India?

The salary growth for a Procurement Manager at Abbott depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at Abbott:

Experience	Average Salary Range
11 years	₹7.6 Lakhs to ₹21.4 Lakhs per year
12 years	₹17.1 Lakhs to ₹21.9 Lakhs per year
13 years	₹17.2 Lakhs to ₹22.0 Lakhs per year
14 years	₹17.3 Lakhs to ₹22.1 Lakhs per year

and so on.

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Abbott Procurement Manager Salaries

Abbott Procurement Manager salary in India ranges between ₹16 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Abbott latest salaries received from various employees of Abbott.