GE Vernova Chennai Procurement Specialist Salaries by 5 Employees

3 - 8 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Salary of majority employees

5% less than the average Procurement Specialist Salary in Power Companies for 3 - 8 years of experience

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Last Updated: 18 Apr 2024

Companies similar to GE Vernova for Procurement Specialist in Chennai

GE Vernova Procurement Specialist Salary

3 - 8 years exp. (5 salaries)

₹4.5 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
GE Vernova T&D India Procurement Specialist Salary 3 - 13 years exp. (7 salaries)	₹5.5 L/yr - ₹10 L/yr 17% more
Hitachi Energy Procurement Specialist Salary 6 - 11 years exp. (5 salaries)	₹7.9 L/yr - ₹13 L/yr 29% more
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Flex Procurement Specialist Salary 3 - 10 years exp. (259 salaries)	₹3.5 L/yr - ₹8.2 L/yr 5% more
SoftwareOne Procurement Specialist Salary 3 - 11 years exp. (73 salaries)	₹4.2 L/yr - ₹9.5 L/yr 19% more
IBM Procurement Specialist Salary 1 - 6 years exp. (32 salaries)	₹2.5 L/yr - ₹7.5 L/yr 30% less

Procurement Specialist salary at GE Vernova ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of GE Vernova.

Experience wise GE Vernova Procurement Specialist salaries in Chennai

Last Updated: 18 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

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Similar Designation salaries in GE Vernova

Sourcing Manager Salary

(4 salaries)

₹11 L/yr - ₹26.7 L/yr

Commercial Manager Salary

(4 salaries)

₹16 L/yr - ₹17.58 L/yr

Top skills at GE Vernova for Procurement Specialist

Purchase Outsourcing Communication Skills Buying Vendor Development

Salary related reviews for GE Vernova

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• posted on 07 Jul 2022

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for Salary and Benefits

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Flexible timings, degree of autonomy at work.

Salary - Good

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Dislikes

Pay disparity. People who started their career with the company and have stayed for a long time earn significantly less than lateral hires with similar experience.

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...rt term contract.So job security is poor,work culture & management is also poor. No other facilities except Salary . so policies is also poor.

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The most terrible company managed by Indian People.

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1.0

• posted on 20 Apr 2022

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for Salary and Benefits

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Package is good and the lunch is subsidized.

Salary - Good

Dislikes

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Job security - Bad

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Control System Engineering Manager in Vadodara

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 19 Aug 2023

5.0

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...bility on business directions and is pioneering the energy transition very well. Well calculated spin off and business realignments are expected to pay off well.

Salary - Excellent

+6 more

Dislikes

Inability to manage and maintain product portfolio. Too many changes and uncertainties in product roadmap and product evolution, leading to skill erosion and upskilling issues. Divide in managing disparities between core and non-core skills and performances leading to stagnation in growth of mid senior level teams.

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Full Time

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• posted on 05 Aug 2023

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Salary - Excellent

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Some people do not pay attention to work and do politics and pass the time and go home. Politics is to much

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GE Vernova Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at GE Vernova in Chennai?

The average salary of a Procurement Specialist at GE Vernova in Chennai typically ranges from ₹4.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Procurement Specialist in Chennai at GE Vernova earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Procurement Specialist Salaries at GE Vernova 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 5 GE Vernova employees in India.

What is the estimated take home salary of a Procurement Specialist at GE Vernova in Chennai?

The estimated take-home salary of a Procurement Specialist at GE Vernova in Chennai typically ranges from ₹49,760 to ₹50,935 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 5 salaries received from various employees of GE Vernova. 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 GE Vernova in Chennai?

To be a Procurement Specialist at GE Vernova in Chennai, the key skills required include:

- Purchase
- Outsourcing
- Communication Skills
- Buying
- Vendor Development

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

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

Hitachi Energy	₹7.9 Lakhs to ₹13.0 Lakhs per year
SoftwareOne	₹4.2 Lakhs to ₹9.5 Lakhs per year
GE Vernova T&D India	₹5.5 Lakhs to ₹10.0 Lakhs per year
Flex	₹3.5 Lakhs to ₹8.2 Lakhs per year

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

What is the salary of a Procurement Specialist in companies similar to GE Vernova in Chennai?

The salary of a Procurement Specialist at companies similar to GE Vernova in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IBM	₹2.5 Lakhs to ₹7.5 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 GE Vernova in Chennai?

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

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
5 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
6 years	₹5.6 Lakhs to ₹7.1 Lakhs per year

and so on.

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GE Vernova Procurement Specialist Salaries in Chennai

GE Vernova Procurement Specialist salary in Chennai ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 GE Vernova latest salaries received from various employees of GE Vernova.