Flex Bangalore / Bengaluru Procurement Specialist Salaries by 6 Employees

4 - 7 years exp.

₹4.6 Lakhs - ₹7.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Procurement Specialist Salary in Electronics Manufacturing Companies for 4 - 7 years of experience

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Last Updated: 20 Dec 2024

Companies similar to Flex for Procurement Specialist in Bangalore / Bengaluru

Flex Procurement Specialist Salary

4 - 7 years exp. (6 salaries)

₹4.6 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Electronics Procurement Specialist Salary 2 - 6 years exp. (9 salaries)	₹2.1 L/yr - ₹6 L/yr 51% less
Wistron Procurement Specialist Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹4.5 L/yr 55% less
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IBM Procurement Specialist Salary 0 - 7 years exp. (356 salaries)	₹2 L/yr - ₹9.3 L/yr 27% less
Accenture Procurement Specialist Salary 3 - 15 years exp. (80 salaries)	₹4.4 L/yr - ₹15.4 L/yr 50% more	1 job opening
Infosys BPM Procurement Specialist Salary 2 - 8 years exp. (59 salaries)	₹2.8 L/yr - ₹7.4 L/yr 30% less

Procurement Specialist salary at Flex ranges between ₹4.6 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Flex.

Experience wise Flex Procurement Specialist salaries in Bangalore / Bengaluru

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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6 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

Similar Designation salaries in Flex

Team Lead Salary

(7 salaries)

₹4 L/yr - ₹13.5 L/yr

Top skills at Flex for Procurement Specialist

Supply Chain Management Procurement Purchase Order Root Cause Analysis Baan Order Processing Operations Continuous Improvement MS Office Order Management

Salary related reviews for Flex

Procurement Specialist in Pune

Full Time

Procurement & Supply Chain Department

3.0

• posted on 10 Dec 2024

1.0

for Salary and Benefits

Likes

Work life balance is very good

Skill development - Good

+1 more

Dislikes

Management is not good Salary hike is literally 0 Promotion will be done on top management level only no one else will have chace for promotion unless you are management's son in-law

Salary - Bad

+2 more

Procurement Specialist in Pune

Procurement & Supply Chain Department

5.0

• posted on 06 Jan 2022

2.0

for Salary and Benefits

Likes

Work culture is amazing. You will get global exposure. Everyone is very helpful and friendly. You will definitely enjoy here. Every facility is provided by the company.

Skill development - Excellent

+3 more

Dislikes

...ions. Your role and responsibilities will remain same even after being promoted. Salary is not paid as per market standard.

Salary - Poor

Team Lead in Pune

Full Time

Procurement & Supply Chain Department

3.0

• posted on 23 Dec 2024

2.0

for Salary and Benefits

Likes

1. Impact of Management The employee experience is often directly influenced by the immediate manager. A good manager can make any organization enjoyable to work for, regardless of challenges. Conversely, a poor manager can diminish even the best company policies. 2. Positive Aspects Employee Health Insurance: One notable positive is the organization's health insurance policy, which is beneficial for employees and their families.

Dislikes

...responsive to concerns. This affects employee morale and trust in the system. 5. Salary Package Concerns Salary packages are not competitive, forcing employees to adopt cost-cutting measures such as living far from work. A review of salary structures is crucial to align them with market standards.

Salary - Poor

+2 more

Team Lead in Pune

Full Time

Procurement & Supply Chain Department

1.0

• posted on 04 Feb 2023

1.0

for Salary and Benefits

Likes

Average work life balance.

Work-life balance - Good

Dislikes

Yearly Salary hike is too low 3 to 7%. BPO type work culture Promotions are too delayed(After 3 to 5 years)... 3 Month NON NEGOTIABLE Notice period makes it difficult to exit and find new job. Too much excel reports and repetative work makes you feel like Clerk. Paid transport.No free canteen facilities. Flex is BIG NO for engineers...

Salary - Bad

+3 more

Team Lead in Chennai

Procurement & Supply Chain Department

1.0

• posted on 27 Jul 2020

1.0

for Salary and Benefits

Likes

I'm supposed to complete 10 yrs but exactly one month before they terminated...very worst management in Chennai GBS .. especially that Sr. Director Ramesh Bandaru... Sr HR Director Yathi Venkatesh

Skill development - Good

Dislikes

...his covid period. Whole management is worst and they are playing worst politics. Now I'm jobless also they didn't gave me any compensation or severance package...

Salary - Bad

+4 more

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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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Flex Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Flex in Bangalore / Bengaluru?

The average salary of a Procurement Specialist at Flex in Bangalore / Bengaluru typically ranges from ₹4.6 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Procurement Specialist in Bangalore / Bengaluru at Flex earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Procurement Specialist Salaries at Flex 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 Flex employees in India.

What is the estimated take home salary of a Procurement Specialist at Flex in Bangalore / Bengaluru?

The estimated take-home salary of a Procurement Specialist at Flex in Bangalore / Bengaluru typically ranges from ₹52,237 to ₹53,468 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 4 years to 7 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 Flex. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Specialist at Flex in Bangalore / Bengaluru?

To be a Procurement Specialist at Flex in Bangalore / Bengaluru, the key skills required include:

- Supply Chain Management
- Procurement
- Purchase Order
- Root Cause Analysis
- Baan

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

Which companies offer higher salaries than Flex for Procurement Specialist in India?

Accenture

₹4.4 Lakhs to ₹15.4 Lakhs per year

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

What is the salary of a Procurement Specialist in companies similar to Flex in Bangalore / Bengaluru?

The salary of a Procurement Specialist at companies similar to Flex in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IBM	₹2.0 Lakhs to ₹9.3 Lakhs per year
Infosys BPM	₹2.8 Lakhs to ₹7.4 Lakhs per year
Bharat Electronics	₹2.1 Lakhs to ₹6.0 Lakhs per year
Wistron	₹2.0 Lakhs to ₹4.5 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 Specialist at Flex in Bangalore / Bengaluru?

The salary growth for a Procurement Specialist at Flex in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist in Bangalore / Bengaluru can expect the following growth trajectory at Flex:

Experience	Average Salary Range
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
5 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
6 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
7 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Flex Procurement Specialist Salaries in Bangalore / Bengaluru

Flex Procurement Specialist salary in Bangalore / Bengaluru ranges between ₹4.6 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Flex latest salaries received from various employees of Flex.