HCLTech Material Analyst Salaries by 4 Employees

0 - 3 years exp.

₹5 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

At par with the average Material Analyst Salary in IT Services & Consulting Companies for 0 - 3 years of experience

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Last Updated: 28 Dec 2024

Companies similar to HCLTech for Material Analyst

Company name	Avg Annual Salary	Open Jobs
General Motors Material Analyst Salary 0 - 2 years exp. (24 salaries)	₹2.5 L/yr - ₹4.5 L/yr 49% less
Eaton Material Analyst Salary 2 - 11 years exp. (20 salaries)	₹3.7 L/yr - ₹9.5 L/yr 9% more
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Johnson Controls Material Analyst Salary 3 - 7 years exp. (12 salaries)	₹6.5 L/yr - ₹8.5 L/yr 33% more
Caterpillar Inc Material Analyst Salary 2 - 8 years exp. (11 salaries)	₹3.1 L/yr - ₹8.3 L/yr 9% more
General Motors Technical Centre India Material Analyst Salary 1 - 2 years exp. (10 salaries)	₹2.8 L/yr - ₹4 L/yr 48% less

Material Analyst salary at HCLTech ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of HCLTech.

Experience wise HCLTech Material Analyst salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

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Salary related reviews for HCLTech

Senior Analyst in Noida

Full Time

Engineering - Hardware & Networks Department

3.0

• posted on 15 Jan 2025

1.0

for Salary and Benefits

Likes

Food available everytime in cafeteria. Outside view is good .

Skill development - Good

+2 more

Dislikes

Perks and benefits are not good and deduction in salary on the basis of performance which is not good by compony . Every employee wants more and more hikes and who do not perform well for money . Who wants deduction but compony policy is to deduct from variables on the basis of performance .washrooms and breakout area are not hygienic .

Salary - Bad

+1 more

Senior Analyst in Bangalore / Bengaluru

Full Time

IT & Information Security Department

3.0

• posted on 15 Jan 2025

3.0

for Salary and Benefits

Likes

Biased managements

Dislikes

I have been working here from 2.5 years and there was no hike from past 2 years last month received hike even that is not justified. No Proper clarification for anything, Their Unified ticket tool is also not worth their team is not responding properly. They are just closing the tickets without clarifications.

Promotions - Bad

+1 more

Analyst in Noida

Full Time

IT & Information Security Department

4.0

• posted on 31 Dec 2024

3.0

for Salary and Benefits

Likes

Apart from job security , there is nothing. Also if you are fresher you can start your carrier since it is so called big MNC, but don't stay here more than 2 years if you are fresher.

Job security - Good

Dislikes

Nothing good here, everything is bad apart from job security. No growth No hike , No work balance No support from senior's

Promotions - Poor

Senior Analyst in Noida

Full Time

IT & Information Security Department

2.0

• posted on 15 Dec 2024

1.0

for Salary and Benefits

Likes

This is all depends on your manager.

Job security - Good

Dislikes

...g is changed every week or 2 times in a month. 3. Transport team is very bad. 4. HR said ask your questions but they guys have no answer about Appraisal or Salary increment/ promotion. 5. Appraisal is very bad like 1-5% only.

Salary - Bad

+5 more

Analyst in Chennai

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 03 Dec 2024

4.0

for Salary and Benefits

Likes

Work life balance is great but depends on project and the management. Great choice to Kickstart career for the recent graduate.

Salary - Good

+6 more

Dislikes

No relevance for the LPA mentioned and take-home salary. Too many cuttings and dispersion. Don't expect hike and appraisals every year. Just for name sale they release and provide perks.

see more salary related reviews

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What people are saying about HCLTech

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goodtoknow293

1w (edited)

currently not working

Hcl Tech EPB ( engagement or employee performance bonus) deduction issue.

Hi friends, I am sharing an important information with you. I have recently joined HCL tech. Last December, 2024 my first quarterly appraisal was done. I got near about 7+ out of 10. As of now everything was okay. But this month i.e March,2025 I got only 30% of my EPB component. I then connected with my HR and Manager and RM also but no response. Everyone said, I will check it etc etc....then I talked to one of my colleagues and got to know that if the rating is below 8.5 then 20 to 30% of the EPB component will be credited. Wow 😂...really shocked. Every one in HCL has this issue or concern. So guys if you are a new joiner, be cautious about your quarter or annual rating. Do not accept less than 8.5 or else it will be hugely impacted to your salary slip. Also 7.15 out of 10 is around 70%+...but how they were calculated 30%.. don't know...really bad policy implementation...I am now deciding to leave it now...

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HCLTech Material Analyst Salary FAQs

What is the salary of Material Analyst at HCLTech ?

The average salary of a Material Analyst at HCLTech in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Material Analyst at HCLTech earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Material Analyst Salaries at HCLTech 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 HCLTech employees in India.

What is the estimated take home salary of a Material Analyst at HCLTech in India?

The estimated take-home salary of a Material Analyst at HCLTech in India typically ranges from ₹43,589 to ₹44,700 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 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 4 salaries received from various employees of HCLTech. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HCLTech for Material Analyst in India?

Johnson Controls	₹6.5 Lakhs to ₹8.5 Lakhs per year
Caterpillar Inc	₹3.1 Lakhs to ₹8.3 Lakhs per year
Eaton	₹3.7 Lakhs to ₹9.5 Lakhs per year

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

What is the salary of a Material Analyst in companies similar to HCLTech in India?

The salary of a Material Analyst at companies similar to HCLTech in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

General Motors Technical Centre India	₹2.8 Lakhs to ₹4.0 Lakhs per year
General Motors	₹2.5 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 Material Analyst at HCLTech in India?

The salary growth for a Material Analyst at HCLTech depends on factors such as experience, performance, and promotions. On average, a Material Analyst can expect the following growth trajectory at HCLTech:

Experience	Average Salary Range
Fresher	₹5.4 Lakhs to ₹6.9 Lakhs per year
1 year	₹5.4 Lakhs to ₹6.9 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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HCLTech Material Analyst Salaries

HCLTech Material Analyst salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HCLTech latest salaries received from various employees of HCLTech.