Hero MotoCorp Assistant Manager Procurement Salaries by 6 Employees

1 - 8 years exp.

₹7 Lakhs - ₹9.6 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

14% less than the average Assistant Manager Procurement Salary in Automobile Companies for 1 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain Assistant Manager Procurement Salary 1 - 8 years exp. (5 salaries)	₹7 L/yr - ₹9.6 L/yr
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Production, Manufacturing & Engineering Assistant Manager Procurement Salary 1 year exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 5 Dec 2024

Companies similar to Hero MotoCorp for Assistant Manager Procurement

Company name	Avg Annual Salary	Open Jobs
Mahindra & Mahindra Assistant Manager Procurement Salary 2 - 9 years exp. (12 salaries)	₹4.8 L/yr - ₹6 L/yr 34% less
Royal Enfield Assistant Manager Procurement Salary 4 - 15 years exp. (11 salaries)	₹6.6 L/yr - ₹10.8 L/yr 4% more
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VE Commercial Vehicles Assistant Manager Procurement Salary 12 - 15 years exp. (9 salaries)	₹7.5 L/yr - ₹11.8 L/yr 15% more
Escorts Kubota Limited Assistant Manager Procurement Salary 5 - 10 years exp. (5 salaries)	₹6.3 L/yr - ₹7.5 L/yr 22% less
Hyundai Motor India Limited Assistant Manager Procurement Salary 1 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹12.2 L/yr 26% more
TVS Motor Assistant Manager Procurement Salary 8 - 14 years exp. (5 salaries)	₹8.6 L/yr - ₹10.8 L/yr 14% more
Maruti Suzuki Assistant Manager Procurement Salary 1 - 9 years exp. (4 salaries)	₹7.8 L/yr - ₹17.8 L/yr 39% more
Honda Motorcycle & Scooter Assistant Manager Procurement Salary 8 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹15.8 L/yr 43% more
Fiat Chrysler Automobiles Assistant Manager Procurement Salary 9 - 12 years exp. (3 salaries)	₹7 L/yr - ₹10 L/yr 2% less
Hinduja Group Assistant Manager Procurement Salary 11 - 13 years exp. (3 salaries)	₹6.5 L/yr - ₹9 L/yr 10% less

Assistant Manager Procurement salary at Hero MotoCorp ranges between ₹7 Lakhs to ₹9.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Hero MotoCorp.

Experience wise Hero MotoCorp Assistant Manager Procurement salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
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3 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.6 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr

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Salary related reviews for Hero MotoCorp

5.0

Rated by 1 employees for salary & benefits

Deputy Manager Strategic Sourcing in Gurgaon / Gurugram

Full Time

SCM Department

2.0

• posted on 08 Feb 2023

1.0

for Salary and Benefits

Likes

Timely salary, location

Dislikes

Low Compensation. Growth is slow, work life balance (6 day week). Discrimination (different working hours, different canteens for mid level management). Irresponsive HR team, attempt to follow HR practises of much larger automobile OEMs without understanding the whole scenario is making the life miserable for most employees.

Salary - Bad

+4 more

Deputy Manager in Jaipur

Full Time

Research & Development Department

4.0

• posted on 28 Feb 2025

4.0

for Salary and Benefits

Likes

...nch in the office 7. Bus service from jaipur city to Kukas (office location) 8. Good salary for an OEM 9. Reasonable job security (although there was a compulsory VRS in the past)

Salary - Good

+5 more

Dislikes

1. Lack of concrete processes that eliminates human errors 2. Poor documentation level. Past learnings are not recorded as they should be 3. Poor planning and prioritisation . Plethora of models/variants vs limited time. 4. Poverty of ambition : doesn’t aim to be the market leader in terms of technology or new product. The vision steers towards revenue and automobile market share primarily . 5. PDCA is rare 6. Project management team is more concerned about time than Quality and cost.

Engineer in Jaipur

Full Time

Research & Development Department

3.0

• posted on 26 Jan 2025

4.0

for Salary and Benefits

Likes

Policies are strong and pay is good. A lot of resources are available for professional growth

Salary - Good

+1 more

Dislikes

Good policies lack proper implementation and company strategy is not consistent. Several projects are lauched but success is very low which is result of poor strategy. It is difficult to connect to company

Promotions - Poor

+1 more

R&D Engineer in Jaipur

Full Time

Research & Development Department

4.0

• posted on 30 Dec 2024

1.0

for Salary and Benefits

Likes

Hero motocorp is the best workplaces foster growth, nurture talent, and create a culture of trust and inclusion. At Hero motocorp success is shared, challenges are embraced, and every day inspires excellence.

Skill development - Excellent

+4 more

Dislikes

Fair and transparent compensation is key to fostering equality and ensuring that employees feel valued and respected which is missing at Hero motocorp.

Salary - Bad

Associate Manager in Dharuhera

Full Time

Procurement & Supply Chain Department

3.0

• posted on 18 Aug 2024

3.0

for Salary and Benefits

Likes

The salary and the perks

Work-life balance - Good

Dislikes

Hero is not a japnese company it's a Indian company old people's in HMCL thinks they are the boss and no one knows better then them also HMCL follows TPM which I think a great misguide for top management as people's are showing wrong data in each pillar and clapping for each other in the end of each time review

Skill development - Poor

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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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Hero MotoCorp Assistant Manager Procurement Salary FAQs

What is the salary of Assistant Manager Procurement at Hero MotoCorp ?

The average salary of a Assistant Manager Procurement at Hero MotoCorp in India typically ranges from ₹7.0 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Assistant Manager Procurement at Hero MotoCorp earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Assistant Manager Procurement Salaries at Hero MotoCorp 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 Hero MotoCorp employees in India.

What is the estimated take home salary of a Assistant Manager Procurement at Hero MotoCorp in India?

The estimated take-home salary of a Assistant Manager Procurement at Hero MotoCorp in India typically ranges from ₹62,155 to ₹63,733 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Hero MotoCorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero MotoCorp for Assistant Manager Procurement in India?

Honda Motorcycle & Scooter	₹4.8 Lakhs to ₹15.8 Lakhs per year
Maruti Suzuki	₹7.8 Lakhs to ₹17.8 Lakhs per year
Hyundai Motor India Limited	₹9.5 Lakhs to ₹12.2 Lakhs per year
VE Commercial Vehicles	₹7.5 Lakhs to ₹11.8 Lakhs per year
TVS Motor	₹8.6 Lakhs to ₹10.8 Lakhs per year

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

What is the salary of a Assistant Manager Procurement in companies similar to Hero MotoCorp in India?

The salary of a Assistant Manager Procurement at companies similar to Hero MotoCorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Royal Enfield	₹6.6 Lakhs to ₹10.8 Lakhs per year
Fiat Chrysler Automobiles	₹7.0 Lakhs to ₹10.0 Lakhs per year
Hinduja Group	₹6.5 Lakhs to ₹9.0 Lakhs per year
Escorts Kubota Limited	₹6.3 Lakhs to ₹7.5 Lakhs per year
Mahindra & Mahindra	₹4.8 Lakhs to ₹6.0 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 Assistant Manager Procurement at Hero MotoCorp in India?

The salary growth for a Assistant Manager Procurement at Hero MotoCorp depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Procurement can expect the following growth trajectory at Hero MotoCorp:

Experience	Average Salary Range
1 year	₹8.2 Lakhs to ₹10.5 Lakhs per year
2 years	₹8.0 Lakhs to ₹10.2 Lakhs per year
3 years	₹7.9 Lakhs to ₹10.0 Lakhs per year
4 years	₹7.7 Lakhs to ₹9.8 Lakhs per year

and so on.

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Hero MotoCorp Assistant Manager Procurement Salaries

Hero MotoCorp Assistant Manager Procurement salary in India ranges between ₹7 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hero MotoCorp latest salaries received from various employees of Hero MotoCorp.