Bal Pharma Purchase Executive Salaries by 9 Employees

1 - 4 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

18% less than the average Purchase Executive Salary in Pharma Companies for 1 - 4 years of experience

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Last Updated: 5 Jul 2024

Companies similar to Bal Pharma for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Piramal Pharma Purchase Executive Salary 0 - 11 years exp. (21 salaries)	₹2 L/yr - ₹7.1 L/yr 47% more
Granules India Purchase Executive Salary 1 - 7 years exp. (12 salaries)	₹3.6 L/yr - ₹5 L/yr 42% more
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Shilpa Medicare Purchase Executive Salary 3 - 5 years exp. (8 salaries)	₹3.1 L/yr - ₹3.9 L/yr 17% more
Morepen Laboratories Purchase Executive Salary 1 - 5 years exp. (7 salaries)	₹3.5 L/yr - ₹6 L/yr 25% more	1 job opening
Abbott Purchase Executive Salary 0 - 12 years exp. (7 salaries)	₹5 L/yr - ₹7.2 L/yr 109% more
Medley Pharmaceuticals Purchase Executive Salary 6 - 13 years exp. (6 salaries)	₹4.6 L/yr - ₹5.7 L/yr 57% more
NecLife Purchase Executive Salary 4 - 6 years exp. (6 salaries)	₹1.2 L/yr - ₹4 L/yr 15% less
Tirupati Group Purchase Executive Salary 3 - 5 years exp. (5 salaries)	₹4 L/yr - ₹5.6 L/yr 37% more
Sanofi Purchase Executive Salary 2 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹6 L/yr 15% more
Neon Laboratories Purchase Executive Salary 0 - 15 years exp. (4 salaries)	₹2.5 L/yr - ₹8.9 L/yr 73% more
Unichem Laboratories Purchase Executive Salary 8 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 96% more
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ZIM Laboratories Purchase Executive Salary 4 - 11 years exp. (4 salaries)	₹4.7 L/yr - ₹5.4 L/yr 55% more
Wanbury Purchase Executive Salary 6 - 12 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 34% more
Strides Pharma Purchase Executive Salary 3 - 13 years exp. (4 salaries)	₹4.3 L/yr - ₹7 L/yr 97% more
Entero Healthcare Solutions Purchase Executive Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 10% less
Ind-Swift Laboratories Purchase Executive Salary 4 - 10 years exp. (4 salaries)	₹1.4 L/yr - ₹6 L/yr 2% less
Jubilant Pharmova Purchase Executive Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 5% less
Natco Pharma Purchase Executive Salary 3 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹5.7 L/yr 43% more
Vasudha Pharma Chem Purchase Executive Salary 3 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4 L/yr 15% more
Orchid Pharma Purchase Executive Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr 6% more

View all

Purchase Executive salary at Bal Pharma ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 9 latest salaries received from various employees of Bal Pharma.

Latest annual salaries shared by Bal Pharma Purchase Executive

7mo ago

₹3.3 Lakhs

1 year exp.

1y ago

₹4.2 Lakhs

3 years exp.

1y ago

₹4 Lakhs

3 years exp.

1y ago

₹3 Lakhs

2 years exp.

1y ago

₹3.2 Lakhs

4 years exp.

1y ago

2 years exp.

1y ago

4 years exp.

1y ago

2 years exp.

1y ago

3 years exp.

Experience wise Bal Pharma Purchase Executive salaries

Last Updated: 5 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.3 L/yr
2 years (3 salaries)	₹3 L/yr - ₹3.9 L/yr
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3 years (3 salaries)	₹1.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.5 L/yr

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Senior Purchase Executive Salary

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₹4.7 L/yr - ₹6 L/yr

Purchase Officer Salary

(3 salaries)

₹3 L/yr - ₹3.5 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.6 L/yr - ₹14.8 L/yr

Senior Officer Salary

(6 salaries)

₹3.3 L/yr - ₹4 L/yr

Deputy Manager Salary

(8 salaries)

₹10.2 L/yr - ₹13 L/yr

Officer Salary

(10 salaries)

₹2.05 L/yr - ₹3.2 L/yr

Top skills at Bal Pharma for Purchase Executive

Purchase Procurement Vendor Management Purchase Management Negotiation Material Management Packing Material Raw Material Procurement Purchase Order Purchase Vendor Development Raw Material API Vendor Audit Packing Material Bulk Drugs

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bal Pharma Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Bal Pharma ?

The average salary of a Purchase Executive at Bal Pharma in India typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Purchase Executive at Bal Pharma earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Purchase Executive Salaries at Bal Pharma 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 9 Bal Pharma employees in India.

What is the estimated take home salary of a Purchase Executive at Bal Pharma in India?

The estimated take-home salary of a Purchase Executive at Bal Pharma in India typically ranges from ₹22,696 to ₹24,170 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 9 salaries received from various employees of Bal Pharma. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Executive at Bal Pharma ?

To be a Purchase Executive at Bal Pharma in india, the key skills required include:

- Purchase
- Procurement
- Vendor Management
- Purchase Management
- Negotiation

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

Which companies offer higher salaries than Bal Pharma for Purchase Executive in India?

Neuland Laboratories	₹6.0 Lakhs to ₹7.0 Lakhs per year
Abbott	₹5.0 Lakhs to ₹7.2 Lakhs per year
Strides Pharma	₹4.3 Lakhs to ₹7.0 Lakhs per year
Unichem Laboratories	₹4.5 Lakhs to ₹7.0 Lakhs per year
Neon Laboratories	₹2.5 Lakhs to ₹8.9 Lakhs per year

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

What is the salary of a Purchase Executive in companies similar to Bal Pharma in India?

The salary of a Purchase Executive at companies similar to Bal Pharma in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Medley Pharmaceuticals	₹4.6 Lakhs to ₹5.7 Lakhs per year
ZIM Laboratories	₹4.7 Lakhs to ₹5.4 Lakhs per year
Piramal Pharma	₹2.0 Lakhs to ₹7.1 Lakhs per year
Natco Pharma	₹3.8 Lakhs to ₹5.7 Lakhs per year
Granules India	₹3.6 Lakhs to ₹5.0 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 Purchase Executive at Bal Pharma in India?

The salary growth for a Purchase Executive at Bal Pharma depends on factors such as experience, performance, and promotions. On average, a Purchase Executive can expect the following growth trajectory at Bal Pharma:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹3.3 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹1.3 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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Bal Pharma Purchase Executive Salaries

Bal Pharma Purchase Executive salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bal Pharma latest salaries received from various employees of Bal Pharma.