ArcelorMittal Procurement Manager Salaries by 6 Employees

9 - 16 years exp.

₹12 Lakhs - ₹19.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

5% more than the average Procurement Manager Salary in Iron & Steel Companies for 9 - 16 years of experience

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Last Updated: 25 Nov 2024

Companies similar to ArcelorMittal for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Procurement Manager Salary 0 - 15 years exp. (107 salaries)	₹6 L/yr - ₹21 L/yr 14% less
Tata Steel Downstream Products Procurement Manager Salary 5 - 14 years exp. (7 salaries)	₹6.3 L/yr - ₹11 L/yr 47% less
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Tata BlueScope Steel Procurement Manager Salary 15 - 21 years exp. (6 salaries)	₹13.5 L/yr - ₹22.5 L/yr 13% more
Arjas Steel Procurement Manager Salary 11 - 16 years exp. (5 salaries)	₹11 L/yr - ₹16 L/yr 16% less
Reliance Industries Procurement Manager Salary 1 - 17 years exp. (128 salaries)	₹6 L/yr - ₹21 L/yr 18% less

Procurement Manager salary at ArcelorMittal ranges between ₹12 Lakhs to ₹19.8 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of ArcelorMittal.

Experience wise ArcelorMittal Procurement Manager salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.6 L/yr
10 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
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11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹16.8 L/yr
13 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹31.1 L/yr
14 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹19.8 L/yr
15+ years (AmbitionBox Estimate)	₹7.9 L/yr - ₹19.8 L/yr

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Salary related reviews for ArcelorMittal

5.0

Rated by 2 employees for salary & benefits

Shift Incharge in Surat

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 04 Feb 2025

4.0

for Salary and Benefits

Likes

...es are support ice and the management is transparent. Company policies are good.appraisals are fair and they give good salary hike. Of course all this comes with results.

Salary - Good

+6 more

Dislikes

There is a lot of politics.salary is decent but increment not done on time.

Senior Counsellor in Gandhinagar

Full Time

Sales & Business Development Department

1.0

• posted on 13 Jul 2024

3.0

for Salary and Benefits

Likes

Just salary on time

Dislikes

Worst management of NAMTECH- Egomaniac Directors, Feeble leadership, total inhuman. It is an noble initiative and people who just want to fillup their pockets and use their positions toil with the juniors and just to satisfy ego they play with people's carreer. You can check apart from few people, their senior Management and so called leaders change everytime. Just money of AMNS is the saviour, otherwise such people will destroy the organisation as well as careers of junior people

Skill development - Bad

+4 more

Deputy Manager in Hazira

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 05 Dec 2022

1.0

for Salary and Benefits

Likes

Good company and so many upcoming projects. Department working culture is good, everyone has their own responsibility.

Dislikes

...rrible, need free transportation No festival bonus No facilities for employees You will get nothing except your salary To improve employees productivity company should provide good facilities.

Salary - Bad

Metallurgical Engineer in Hazira

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Feb 2021

5.0

for Salary and Benefits

Likes

Those guys who r absent during that time there job also safe.heathy working culture like social distance wearing all ppes.management also good.

Salary - Excellent

+6 more

Dislikes

They are not increasing OJT/AFE salary.After working 4 year they are not confirm.just getting 20000 per month.is it fair ?

CNC Machine Operator

Other Department

1.0

• posted on 18 Aug 2018

4.0

for Salary and Benefits

Likes

Arcealor mittal (K.S.A) Salary is good but work nature was not good In offer letter they are giving our professional positions after joining they are making changes . & making to operate other machines & different works .

Salary - Good

Dislikes

Company is good for earning money don't have carrer growth & knowledge. Always work No T breaks only lunch 30 mins.

Skill development - Poor

+4 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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ArcelorMittal Procurement Manager Salary FAQs

What is the salary of Procurement Manager at ArcelorMittal ?

The average salary of a Procurement Manager at ArcelorMittal in India typically ranges from ₹12.0 Lakhs to ₹19.8 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Procurement Manager at ArcelorMittal earn more than ₹19.8 Lakhs per year, and the top 1% earn over ₹19.8 Lakhs per year. Procurement Manager Salaries at ArcelorMittal 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 6 ArcelorMittal employees in India.

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

The estimated take-home salary of a Procurement Manager at ArcelorMittal in India typically ranges from ₹1,12,752 to ₹1,15,886 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹19.8 Lakhs per year for employees with experience ranging from 9 years to 16 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 6 salaries received from various employees of ArcelorMittal. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Tata BlueScope Steel

₹13.5 Lakhs to ₹22.5 Lakhs per year

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

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

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

Tata Steel	₹6.0 Lakhs to ₹21.0 Lakhs per year
Arjas Steel	₹11.0 Lakhs to ₹16.0 Lakhs per year
Reliance Industries	₹6.0 Lakhs to ₹21.0 Lakhs per year
Tata Steel Downstream Products	₹6.3 Lakhs to ₹11.0 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 ArcelorMittal in India?

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

Experience	Average Salary Range
9 years	₹12.0 Lakhs to ₹22.6 Lakhs per year
10 years	₹12.4 Lakhs to ₹15.8 Lakhs per year
11 years	₹13.4 Lakhs to ₹17.2 Lakhs per year
12 years	₹6.4 Lakhs to ₹16.8 Lakhs per year

and so on.

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ArcelorMittal Procurement Manager Salaries

ArcelorMittal Procurement Manager salary in India ranges between ₹12 Lakhs to ₹19.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ArcelorMittal latest salaries received from various employees of ArcelorMittal.