Bank of America Senior Manager Procurement Salaries by 4 Employees

17 - 22 years exp.

₹26.2 Lakhs - ₹30 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% more than the average Senior Manager Procurement Salary in Banking Companies for 17 - 22 years of experience

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Last Updated: 14 Mar 2024

Companies similar to Bank of America for Senior Manager Procurement

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Senior Manager Procurement Salary 9 - 14 years exp. (5 salaries)	₹11.4 L/yr - ₹12.8 L/yr 59% less
HDFC Bank Senior Manager Procurement Salary 20 - 22 years exp. (3 salaries)	₹12 L/yr - ₹18 L/yr 45% less
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Reliance Industries Senior Manager Procurement Salary 8 - 17 years exp. (95 salaries)	₹9.8 L/yr - ₹30 L/yr 34% less
Tata Steel Senior Manager Procurement Salary 7 - 15 years exp. (47 salaries)	₹13 L/yr - ₹37 L/yr 20% less
Tata Motors Senior Manager Procurement Salary 7 - 17 years exp. (27 salaries)	₹9 L/yr - ₹26.5 L/yr 44% less

Senior Manager Procurement salary at Bank of America ranges between ₹26.2 Lakhs to ₹30 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Manager Procurement salaries

Last Updated: 14 Mar 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹26.2 L/yr - ₹30 L/yr
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Similar Designation salaries in Bank of America

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Salary related reviews for Bank of America

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Skill development - Bad

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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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Bank of America Senior Manager Procurement Salary FAQs

What is the salary of Senior Manager Procurement at Bank of America ?

The average salary of a Senior Manager Procurement at Bank of America in India typically ranges from ₹26.2 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 17 years to 22 years).

The top 10% of Senior Manager Procurement at Bank of America earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Manager Procurement Salaries at Bank of America 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 4 Bank of America employees in India.

What is the estimated take home salary of a Senior Manager Procurement at Bank of America in India?

The estimated take-home salary of a Senior Manager Procurement at Bank of America in India typically ranges from ₹1,80,004 to ₹1,87,006 per month. This is based on the average salary range of ₹26.2 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 17 years to 22 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Manager Procurement in companies similar to Bank of America in India?

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

Tata Steel	₹13.0 Lakhs to ₹37.0 Lakhs per year
Reliance Industries	₹9.8 Lakhs to ₹30.0 Lakhs per year
Tata Motors	₹9.0 Lakhs to ₹26.5 Lakhs per year
HDFC Bank	₹12.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank	₹11.4 Lakhs to ₹12.8 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 Senior Manager Procurement at Bank of America in India?

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

Experience	Average Salary Range
15 years	₹26.2 Lakhs to ₹30.0 Lakhs per year

and so on.

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Bank of America Senior Manager Procurement Salaries

Bank of America Senior Manager Procurement salary in India ranges between ₹26.2 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.