Hi Tech Gears Assistant Manager- Purchase Salaries by 4 Employees

7 - 13 years exp.

₹8 Lakhs - ₹9.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% more than the average Assistant Manager- Purchase Salary in Auto Components Companies for 7 - 13 years of experience

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Last Updated: 15 May 2023

Companies similar to Hi Tech Gears for Assistant Manager- Purchase

Company name	Avg Annual Salary	Open Jobs
Tata AutoComp Systems Assistant Manager- Purchase Salary 2 - 11 years exp. (23 salaries)	₹3.7 L/yr - ₹8.1 L/yr 15% less
ZF Steering Gear Assistant Manager- Purchase Salary 5 - 19 years exp. (16 salaries)	₹5.2 L/yr - ₹9.5 L/yr 11% less
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Endurance Technologies Assistant Manager- Purchase Salary 5 - 19 years exp. (15 salaries)	₹6.5 L/yr - ₹10.5 L/yr 6% more
Steel Strips Wheels Assistant Manager- Purchase Salary 7 - 17 years exp. (14 salaries)	₹5.8 L/yr - ₹8.5 L/yr 15% less
JBM Group Assistant Manager- Purchase Salary 4 - 16 years exp. (11 salaries)	₹7.7 L/yr - ₹11.9 L/yr 7% more
Spark Minda Assistant Manager- Purchase Salary 6 - 12 years exp. (10 salaries)	₹5.4 L/yr - ₹10.6 L/yr At par
Bharat Forge Assistant Manager- Purchase Salary 7 - 10 years exp. (9 salaries)	₹5.7 L/yr - ₹8.5 L/yr 21% less
Lumax Industries Assistant Manager- Purchase Salary 6 - 15 years exp. (9 salaries)	₹6.3 L/yr - ₹7.8 L/yr 14% less
Imperial Auto Industries Assistant Manager- Purchase Salary 4 - 13 years exp. (9 salaries)	₹3.4 L/yr - ₹10 L/yr 18% less
Fiem Industries Assistant Manager- Purchase Salary 1 - 11 years exp. (7 salaries)	₹3 L/yr - ₹7.2 L/yr 38% less
Wheels Assistant Manager- Purchase Salary 8 - 15 years exp. (7 salaries)	₹8.1 L/yr - ₹10 L/yr 2% more
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Suprajit Engineering Assistant Manager- Purchase Salary 8 - 17 years exp. (7 salaries)	₹6.5 L/yr - ₹8.5 L/yr 11% less
TVS Sundram Fasteners Assistant Manager- Purchase Salary 12 - 22 years exp. (6 salaries)	₹6.4 L/yr - ₹12.5 L/yr 36% more
Gabriel India Assistant Manager- Purchase Salary 6 - 15 years exp. (6 salaries)	₹7.5 L/yr - ₹8.1 L/yr 8% less
CIE Automotive Assistant Manager- Purchase Salary 7 - 14 years exp. (6 salaries)	₹5.9 L/yr - ₹10 L/yr 8% less
Viney Corporation Assistant Manager- Purchase Salary 6 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 48% less
Asahi India Glass Assistant Manager- Purchase Salary 5 - 15 years exp. (5 salaries)	₹6.1 L/yr - ₹6.7 L/yr 23% less
SKF Assistant Manager- Purchase Salary 5 - 7 years exp. (5 salaries)	₹6.8 L/yr - ₹12.6 L/yr 15% more
Greaves Cotton Assistant Manager- Purchase Salary 4 - 8 years exp. (5 salaries)	₹4.8 L/yr - ₹6.2 L/yr 35% less
L.G.Balakrishnan & Bros Assistant Manager- Purchase Salary 16 - 18 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 22% less

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Assistant Manager- Purchase salary at Hi Tech Gears ranges between ₹8 Lakhs to ₹9.9 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Hi Tech Gears.

Experience wise Hi Tech Gears Assistant Manager- Purchase salaries

Last Updated: 15 May 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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9 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr

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₹2.4 L/yr - ₹3.05 L/yr

Store Supervisor Salary

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Salary related reviews for Hi Tech Gears

1.0

Rated by 1 employees for salary & benefits

Engineer in Bhiwadi

Full Time

Quality Assurance Department

3.0

• posted on 15 Mar 2024

2.0

for Salary and Benefits

Likes

On Time salary

Job security - Good

+1 more

Dislikes

1.Very high level politics 2. Forgot about promotion 3. Not fix time Appraisal 4. Maximum increment 6% 5. Not updating culture as per market 6.last thing don't take risk to join surely you stuck here with 50+ aged employees

Salary - Poor

+3 more

Mechanical Maintenance Engineer in Bhiwadi

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 15 Jun 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company polices are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is doesn't but career growth is slow. There is a bond of 2 year before which you cannot resign. On the job training is not given to New joinees

Assistant Officer in Bhiwadi

Finance & Accounting Department

5.0

• posted on 30 Apr 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 1 years before which you cannot resign. On the job training is not given to new joinees.

Job security - Poor

Jewel CAD Designer in Gurgaon / Gurugram

Production, Manufacturing & Engineering Department

5.0

• posted on 02 Jul 2022

2.0

for Salary and Benefits

Likes

HiTech Gears focus on your professinal goals and align them with company. Mention anythig specific such as copany leaders, market position or values.

Skill development - Good

+5 more

Dislikes

Lack of communication. Unifair pay. No job security.

Salary - Poor

CNC Machine Operator in Bhiwadi

Other Department

5.0

• posted on 30 Apr 2022

5.0

for Salary and Benefits

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There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is bond of 2 year before which you cannot resine. On the Job training is not given to new 9joinees.

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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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Hi Tech Gears Assistant Manager- Purchase Salary FAQs

What is the salary of Assistant Manager- Purchase at Hi Tech Gears ?

The average salary of a Assistant Manager- Purchase at Hi Tech Gears in India typically ranges from ₹8.0 Lakhs to ₹9.9 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Assistant Manager- Purchase at Hi Tech Gears earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Assistant Manager- Purchase Salaries at Hi Tech Gears 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 Hi Tech Gears employees in India.

What is the estimated take home salary of a Assistant Manager- Purchase at Hi Tech Gears in India?

The estimated take-home salary of a Assistant Manager- Purchase at Hi Tech Gears in India typically ranges from ₹62,063 to ₹63,638 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.9 Lakhs per year for employees with experience ranging from 7 years to 13 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 Hi Tech Gears. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hi Tech Gears for Assistant Manager- Purchase in India?

TVS Sundram Fasteners	₹6.4 Lakhs to ₹12.5 Lakhs per year
SKF	₹6.8 Lakhs to ₹12.6 Lakhs per year
India Nippon Electricals	₹8.5 Lakhs to ₹10.0 Lakhs per year
JBM Group	₹7.7 Lakhs to ₹11.9 Lakhs per year
Endurance Technologies	₹6.5 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Assistant Manager- Purchase in companies similar to Hi Tech Gears in India?

The salary of a Assistant Manager- Purchase at companies similar to Hi Tech Gears in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wheels	₹8.1 Lakhs to ₹10.0 Lakhs per year
Spark Minda	₹5.4 Lakhs to ₹10.6 Lakhs per year
Gabriel India	₹7.5 Lakhs to ₹8.1 Lakhs per year
CIE Automotive	₹5.9 Lakhs to ₹10.0 Lakhs per year
ZF Steering Gear	₹5.2 Lakhs to ₹9.5 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 Assistant Manager- Purchase at Hi Tech Gears in India?

The salary growth for a Assistant Manager- Purchase at Hi Tech Gears depends on factors such as experience, performance, and promotions. On average, a Assistant Manager- Purchase can expect the following growth trajectory at Hi Tech Gears:

Experience	Average Salary Range
7 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
8 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
9 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
13 years	₹8.9 Lakhs to ₹11.3 Lakhs per year

and so on.

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Hi Tech Gears Assistant Manager- Purchase Salaries

Hi Tech Gears Assistant Manager- Purchase salary in India ranges between ₹8 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hi Tech Gears latest salaries received from various employees of Hi Tech Gears.