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Altek Beissel Needles Purchase Executive salaries in Chennai

Annual salary range
3 - 6 years exp.
₹1.9 Lakh - ₹4.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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10% less than the average Purchase Executive Salary in Fashion & Textile Companies for 3 - 6 years of experience

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Last Updated: 8 Mar 2024

Companies similar to Altek Beissel Needles for Purchase Executive in Chennai

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Altek Beissel Needles Purchase Executive Salary

3 - 6 years exp. (3 salaries)

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₹1.9 L/yr - ₹4.7 L/yr

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Purchase Executive salary at Altek Beissel Needles ranges between ₹1.9 Lakh to ₹4.7 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Altek Beissel Needles.

Latest annual salaries shared by Altek Beissel Needles Purchase Executive in Chennai

9mo ago
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6 years exp.
1y ago
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3 years exp.

Experience wise Altek Beissel Needles Purchase Executive salaries in Chennai

Last Updated: 8 Mar 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹2.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.4 L/yr

Salary related reviews for Altek Beissel Needles

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 27 Dec 2024

1.0
 for  Salary and Benefits

Likes

...in this company. Employees might be good and honest but the managing director-S. Ganesh is very unethical who refused to pay us AFTER receiving a service. There is no such thing as gentleman's agreement with this person.

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Dislikes

We have been a service provider for Altek to Ganesh, (the owner of this company). He is a fraud and a habitual liar. Completely unethical person. He may be the owner but he has been taken to court multiple times in the past. I know this person since when it was Altek Lammertz Needles. Lammertz in Germany took him to court as well.

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Research & Development Department

2.0
  •  posted on 08 Mar 2020

1.0
 for  Salary and Benefits

Likes

...unned . one day I asked 2 day leave for my father's cancer treatment operations. But they allotted for me 1 month grant leave with salary.. After completion of holiday but still father's treatment under process again they forced me to take leave management said don't worry we are with you take one more month take care of your father then come... Next month I went to join.. then I got information from internal person said they replaced you... They (management) didn't said just told to wait our M.D out of station... Like that 6 month they have waited me..I day I asked them I have a family either give job or experience letter.. after a month they gave letter for 3 years... After that I came to know that company they didn't payed P.F money for 2 years... I have learnt there... How to manage worst senario.. How not to run the company How not to take bad decision.

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Dislikes

Culture. System Culture. Political. They believe only on lying people and praising people.. If you tell the fact or suggestions while discussion they will forcelly ask you to tell .. if you open your mouth then 7 1/2 will start Then all start to blame you and then all will work together to achieve & prove you for a month. what you said is wrong !!! They forgot about real issue and purpose of meeting.. It's like a circus in a zoo.

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Full Time

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Finance & Accounting Department

1.0
  •  posted on 01 Dec 2024

1.0
 for  Salary and Benefits

Likes

Worst experience ever

Dislikes

Engineers / Managers, Do not waste your talent here. The MD.Ganesh (Finanace man), has poor engg knowledge and misleads employees. Excellent knowledge to how to cheat & loot the money from Vendor's & employees as well. He has ruined many careers by hiring engineers to complete tasks and then dismissing them. Ungrateful an unprofessional, he offers no job security. There are no senior engineers or managers left, as most employees last only a few months. The company uses outdated german machines from before 1935, with no innovation or modern technology. For your career's sake, consider other companies. If in doubt, talk to former senior employees not with executives for the full picture. This company initially maintained ISO standards, however due to poor performance, the ISO organization revoked their certification and placed the company on a blocklist. Currently, the company operates without adhering to any recognized standards.

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Full Time

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Production, Manufacturing & Engineering Department

1.0
  •  posted on 27 Nov 2024

1.0
 for  Salary and Benefits

Likes

Nothing to say for liked matters

Dislikes

I wanted to share me honest perspective regarding my experience with Altek Beissel Needles Limited. Unfortunately, my initial concerns about the Company's work environment and management practices have not only been validated but have worsened over time. The leadership under the MD,Mr.Ganesh, has been disapppointing. There ahave been multiple instances of delayed or unresolved Vendor payments, raising concerns about the company's reliability, employee increments are either negligible nor nonexistent, and the organization struggles to retain talented engineers and managers for more than a year. such a high turnover rate points to serious systemic and leadership issues. The workplace atmosphere often feels chaotic and demotivating, with no clear direction or appreciation for employee contributions. Adding to the chalenges, the infrastructure and equipment in the company are severely outdated-Many machines are reportedly over a century old ( made before year-1937 in Germany).There is a complete lack of focus on innovation or adopting modern technology, which not only stifles productivity but also limits professional growth for employees. Engineers, who expect to work with state-of-the-art systems and improve their skills, are bound to feel frustrated in this environment. The overall management style reflects poor decision-making and what appears to be a lack of basic empathy. Employees are left disillusioned due to unprofessional behaviour, unrealistic expectations, and constant micromanagement. Such an environment fosters neither stability nor growth.

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jul 2024

1.0
 for  Salary and Benefits

Likes

One of the worst company in India, family owned company, 5HR manger changed in less than 2years . Company will not give u full and final, when u will resign they demand 3 months notice period and when company will terminate u not give any notice period.

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Dislikes

Nothing to be like in this company, quality, consistency, continuity is a problem with the company.

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Altek Beissel Needles Purchase Executive Salary FAQs

What is the notice period for Purchase Executive at Altek Beissel Needles in Chennai?
According to AmbitionBox, 100% of the Altek Beissel Needles Purchase Executives in Chennai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Altek Beissel Needles Purchase Executive salary in Chennai ranges between ₹1.9 Lakh to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Altek Beissel Needles latest salaries received from various employees of Altek Beissel Needles.