GM Modular Mumbai Procurement Executive Salaries by 5 Employees

0 - 3 years exp.

₹2.3 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% less than the average Procurement Executive Salary in Electrical Equipment Companies for 0 - 3 years of experience

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Last Updated: 27 Nov 2023

Companies similar to GM Modular for Procurement Executive in Mumbai

GM Modular Procurement Executive Salary

0 - 3 years exp. (5 salaries)

₹2.3 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindustan Unilever Procurement Executive Salary 4 - 9 years exp. (21 salaries)	₹3.8 L/yr - ₹10 L/yr 60% more
Piramal Pharma Procurement Executive Salary 1 - 7 years exp. (18 salaries)	₹3.8 L/yr - ₹6.7 L/yr 34% more
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Swiggy Procurement Executive Salary 0 - 8 years exp. (16 salaries)	₹2.2 L/yr - ₹4.2 L/yr 15% more
GEP Worldwide Procurement Executive Salary 0 - 4 years exp. (14 salaries)	₹2.3 L/yr - ₹3.5 L/yr 8% less
Lupin Procurement Executive Salary 0 - 4 years exp. (13 salaries)	₹3.2 L/yr - ₹4 L/yr 3% more

Procurement Executive salary at GM Modular ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of GM Modular.

Experience wise GM Modular Procurement Executive salaries in Mumbai

Last Updated: 27 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in GM Modular

Deputy Manager Salary

(4 salaries)

₹7 L/yr - ₹14 L/yr

Purchase Executive Salary

(4 salaries)

₹2.3 L/yr - ₹3.6 L/yr

Senior Purchase Executive Salary

(3 salaries)

₹4.2 L/yr - ₹5 L/yr

Supply Chain Executive Salary

(3 salaries)

₹2.3 L/yr - ₹3.4 L/yr

Top skills at GM Modular for Procurement Executive

Procurement Vendor Negotiation Purchase

Salary related reviews for GM Modular

Team Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 27 Feb 2025

2.0

for Salary and Benefits

Likes

I just got opportunity to grow in terms of learning.

Job security - Good

Dislikes

Except from learning their is no other growth opportunity here. No salary growth, no professional growth, no recognition, no Saturday off's, no promotions, only work from office no hybrid working option nor flexible working hours.

Salary - Poor

+4 more

Territory Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 14 Sep 2024

1.0

for Salary and Benefits

Likes

Just on time salary for haa saa

Dislikes

Just lala concept worst organisation in electrical segment Sales executive to TSM ASM rsm zsm nsn don't have any power in hand just enjoy nothing for learning always Haa saa concept in lala spcly in Rajasthan

Salary - Bad

+6 more

Sales Executive in Srinagar

Full Time

Sales & Business Development Department

4.0

• posted on 07 Apr 2024

2.0

for Salary and Benefits

Likes

It's a fastest growing company in FMEG and Salary on time

Dislikes

Company is good but not taking ownership or Positive side for Employee. Incentive policy is Zero, Job Security is Zero, Career Growth is Zero Even Employees who are in this company with last 6 years on same profile. Appraisal is not as expected only 5% whether you are performer or not. Distributor is everything for this Company who can Decide your job.

Salary - Poor

+4 more

Senior Quality Assurance Engineer in Vasai-Virar

Full Time

Quality Assurance Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

...ctor there is no job security. It totally depends on your skill and your output. Policies are good as well as in terms of compensation little behind the market.

Salary - Good

+6 more

Dislikes

Till now not gone through any point 😊

Senior Executive in Satiwali, Vasai East

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 02 Jul 2023

2.0

for Salary and Benefits

Likes

Time duration Paid leave

Dislikes

...employee ctc only Bonus only basic salary They only support to marwadi person. Committed for promotion with salary benefit but still waited a year and tried many times for resolve my query but didn't entertainment me. They want one person do all work. Exit process is very worst. They've no time limit for fnf clearance.

Salary - Poor

+3 more

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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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GM Modular Procurement Executive Salary FAQs

What is the salary of Procurement Executive at GM Modular in Mumbai?

The average salary of a Procurement Executive at GM Modular in Mumbai typically ranges from ₹2.3 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Procurement Executive in Mumbai at GM Modular earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Procurement Executive Salaries at GM Modular 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 GM Modular employees in India.

What is the estimated take home salary of a Procurement Executive at GM Modular in Mumbai?

The estimated take-home salary of a Procurement Executive at GM Modular in Mumbai typically ranges from ₹24,394 to ₹25,842 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 3 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 GM Modular. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Executive at GM Modular in Mumbai?

To be a Procurement Executive at GM Modular in Mumbai, the key skills required include:

- Procurement
- Vendor Negotiation
- Purchase

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

Which companies offer higher salaries than GM Modular for Procurement Executive in India?

Hindustan Unilever	₹3.8 Lakhs to ₹10.0 Lakhs per year
Piramal Pharma	₹3.8 Lakhs to ₹6.7 Lakhs per year
Swiggy	₹2.2 Lakhs to ₹4.2 Lakhs per year
Lupin	₹3.2 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Procurement Executive in companies similar to GM Modular in Mumbai?

The salary of a Procurement Executive at companies similar to GM Modular in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

GEP Worldwide

₹2.3 Lakhs to ₹3.5 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 Executive at GM Modular in Mumbai?

The salary growth for a Procurement Executive at GM Modular in Mumbai depends on factors such as experience, performance, and promotions. On average, a Procurement Executive in Mumbai can expect the following growth trajectory at GM Modular:

Experience	Average Salary Range
Fresher	₹3.3 Lakhs to ₹4.2 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.4 Lakhs per year

and so on.

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GM Modular Procurement Executive Salaries in Mumbai

GM Modular Procurement Executive salary in Mumbai ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 GM Modular latest salaries received from various employees of GM Modular.