Gemsons Precision Engineering Procurement Engineer Salaries by 4 Employees (Updated 2024)

1 - 6 years exp.

₹4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Procurement Engineer Salary in Industrial Machinery Companies for 1 - 6 years of experience

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Salaries in different departments

Quality Assurance Procurement Engineer Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
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Procurement & Supply Chain Procurement Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 4 Aug 2024

Companies similar to Gemsons Precision Engineering for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Procurement Engineer Salary 2 - 8 years exp. (5 salaries)	₹3.2 L/yr - ₹5 L/yr 10% less
Bosch Procurement Engineer Salary 0 - 4 years exp. (29 salaries)	₹2.1 L/yr - ₹4.9 L/yr 37% less
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L&T Technology Services Procurement Engineer Salary 1 - 6 years exp. (8 salaries)	₹4 L/yr - ₹7.5 L/yr 18% more
Kirloskar Brothers Procurement Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹3.4 L/yr 37% less
Tech Mahindra Procurement Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.5 L/yr - ₹6 L/yr 20% more
Wipro Infrastructure Engineering Procurement Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.4 L/yr - ₹3.9 L/yr 22% less
Armstrong Machine Builders Procurement Engineer Salary 2 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 34% less
The Acetech Machinery Components Procurement Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹4.4 L/yr 27% less
KHD Humboldt Wedag Procurement Engineer Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 15% less
Case New-Holland Construction Equipment India Procurement Engineer Salary 3 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹6 L/yr 12% less
PMT Machines Procurement Engineer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 33% less
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Procurement Engineer salary at Gemsons Precision Engineering ranges between ₹4 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Gemsons Precision Engineering.

Experience wise Gemsons Precision Engineering Procurement Engineer salaries

Last Updated: 4 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Gemsons Precision Engineering

Sourcing Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Purchase Executive Salary

(3 salaries)

₹18.2 L/yr - ₹23.2 L/yr

Deputy Manager Salary

(3 salaries)

₹5.2 L/yr - ₹10.4 L/yr

Salary related reviews for Gemsons Precision Engineering

QA Engineer

Production, Manufacturing & Engineering Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

Its totally waste of time. Very bad behavior from Management. No carreir growth, no salary increament, no weekday off.

Dislikes

Very bad culture, No career growth, very less salary, salary is calculated on daily hrs of working same like unskilled workers no fix salary. No weekday off. Treating like servants.

Costing Engineer in Mumbai

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

I appreciate working at Gemsons Precision Engineering because it offers continuous opportunities to develop both technical and communication skills. I have gained hands on experience with advanced machinery and improve my ability to collaborate effectively with colleagues, making my work both challenging and fulfilling

Dislikes

One of the challenges that I have faced at Gemsons is the management style, which can something involved unfulfilled promises and overly strict polices like bonds, deduction for minor issues. Additionally, the focus on the growth is often determined by negative mindset and internal politics, which can hinder the productivity and a create a unwanted work environment which disturbs your personal as well as professional life. No work life balance they think all employees are slave.

VMC Operator in Vasai-Virar

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 02 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

Rude Management and office workers, unhealthy and primitive work environment, 10.5 hours of shift never seen that anywhere in my life, 3rd class travelling bus, no canteen, no facilities, no increment for the common workers, it's literally a gov. Approved sweatshop, the hard working young men have no future in this company.

HR Executive in Korba

Full Time

Energy & Mining Department

1.0

• posted on 06 Jul 2023

1.0

for Salary and Benefits

Likes

colleague is supporting and friendly,

Dislikes

Waste of time. management is third class. they are use your emotion only ,no increment ,no facility ,no job security. director language is like road chhap person,gunda

ITI Fitter in Vasai-Virar

Manufacturing Department

5.0

• posted on 23 Mar 2022

5.0

for Salary and Benefits

Likes

Yes I love being an engineer. It is the profession I decided on for myself. Engineers solve problems that involve making the physical world adapt to the needs around us. I love solving those kinds of problems so it’s a great match.

Dislikes

Parsonal regance etc.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Gemsons Precision Engineering Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Gemsons Precision Engineering?

Procurement Engineer salary at Gemsons Precision Engineering in India ranges between ₹4.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 2% more than the average Procurement Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Gemsons Precision Engineering India.

How does the salary of a Procurement Engineer at Gemsons Precision Engineering India compare with the average salary range for this job?

The average salary of a Procurement Engineer at Gemsons Precision Engineering is 2% more than the average salary of a Procurement Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Gemsons Precision Engineering to a Procurement Engineer in India?

Tech Mahindra Procurement Engineer Salary - ₹5.5 Lakhs to ₹6.0 Lakhs per year
L&T Technology Services Procurement Engineer Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Procurement Engineer in companies similar to Gemsons Precision Engineering in India?

Bharat Forge Procurement Engineer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
Case New-Holland Construction Equipment India Procurement Engineer Salary - ₹2.9 Lakhs to ₹6.0 Lakhs per year
KHD Humboldt Wedag Procurement Engineer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Wipro Infrastructure Engineering Procurement Engineer Salary - ₹3.4 Lakhs to ₹3.9 Lakhs per year
The Acetech Machinery Components Procurement Engineer Salary - ₹2.9 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Procurement Engineer at Gemsons Precision Engineering in India?

The estimated take-home salary of a Procurement Engineer at Gemsons Precision Engineering ranges between ₹35,556 per month to ₹36,787 per month in India. The take-home salary calculation is based on the average Gemsons Precision Engineering Procurement Engineer salary in India which ranges between ₹4.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Procurement Engineer at Gemsons Precision Engineering?

According to AmbitionBox, 75% of the Gemsons Precision Engineering Procurement Engineers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Gemsons Precision Engineering Procurement Engineer Salaries

Gemsons Precision Engineering Procurement Engineer salary in India ranges between ₹4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Gemsons Precision Engineering latest salaries received from various employees of Gemsons Precision Engineering.