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Homag India Strategic Sourcing Engineer salaries in India

Annual salary range
3 - 5 years exp.
₹4 Lakhs - ₹5.6 Lakhs
Salary of majority employees
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At par with the average Strategic Sourcing Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Homag India for Strategic Sourcing Engineer

Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹9.8 L/yr

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₹4.1 L/yr - ₹5.5 L/yr

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Duroshox Strategic Sourcing Engineer Salary

4 - 8 years exp. (4 salaries)

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₹5 L/yr - ₹6.8 L/yr

arrow icon 21% more
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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 11% less
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₹3.1 L/yr - ₹5.1 L/yr

arrow icon 23% less
Strategic Sourcing Engineer salary at Homag India ranges between ₹4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Homag India.

Latest annual salaries shared by Homag India Strategic Sourcing Engineer

1y ago
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4 years exp.
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4 years exp.
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5 years exp.
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3 years exp.

Experience wise Homag India Strategic Sourcing Engineer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in Homag India

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₹8 L/yr - ₹13.35 L/yr
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₹7.7 L/yr - ₹9.9 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
SCM Engineer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹8.7 L/yr - ₹11.2 L/yr

Salary related reviews for Homag India

Full Time

 · 

Sales Department

3.0
  •  posted on 04 Nov 2022

3.0
 for  Salary and Benefits

Likes

Good Company and products. German technology learning Skill development Travel facilities Old management was awesome.

  • Skill development - Good
  • +1 more

Dislikes

New management is not good. No appreciation No increments No sales incentives MD is never directly interact with employees even with customer also..

read more
  • Job security - Poor
  • +2 more

Full Time

 · 

Sales & Marketing Department

3.0
  •  posted on 03 Jan 2022

1.0
 for  Salary and Benefits

Likes

World Class technology knowledge

  • Skill development - Good
  • +1 more

Dislikes

First thing is job security, which is not there. No work culture, no seniors support to generate sales. No customer support activities, poor service. Which gives to customers a wrong experience

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Sales Department

3.0
  •  posted on 31 Oct 2020

3.0
 for  Salary and Benefits

Likes

Work environment was good before pandamic, but now it's so irritating.....

  • Skill development - Good

Dislikes

Unnecessary huge amount of everyday internal online meetings.. Which effects on everyday working efficiency with Homag customers.

read more
  • Job security - Bad
  • +3 more

Procurement & Supply Chain Department

2.0
  •  posted on 24 Sep 2020

4.0
 for  Salary and Benefits

Likes

Global Brand Products Opportunity to learn

  • Salary - Good

Dislikes

There has always been lot of office politics, which has increased in last 1 year Work place harassment by leadership team is not tolerable There is a lot of insecurity in the workplace The top management talks about empathy and all, but they do not follow... they just preach it Women employee are not treated well. All so called Manager are being treated as highly paid clerical workers. Every Manager listens to only one person in the organisation, to fulfill his expectations they dont even care about their subordinates. Every decisions is just ONE WAY, DICTATED and all other have to follow, if someone challenges they ensure that either that employee resign by himself or he is asked to resign. Every employee is treated as machines, there is no WORK LIFE BALANCE.....

read more
  • Job security - Bad
  • +1 more
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Homag India Strategic Sourcing Engineer Salary FAQs

What is the salary of Strategic Sourcing Engineer at Homag India ?
The average salary of a Strategic Sourcing Engineer at Homag India in India typically ranges from ₹4.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Strategic Sourcing Engineer at Homag India earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Strategic Sourcing Engineer Salaries at Homag India 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 Homag India employees in India.
What is the estimated take home salary of a Strategic Sourcing Engineer at Homag India in India?
The estimated take-home salary of a Strategic Sourcing Engineer at Homag India in India typically ranges from ₹38,166 to ₹39,359 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 3 years to 5 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 Homag India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Homag India for Strategic Sourcing Engineer in India?
Duroshox ₹5.0 Lakhs to ₹6.8 Lakhs per year
HYOSUNG T&D ₹3.5 Lakhs to ₹9.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Homag India, depending on the role and experience level.
What is the salary of a Strategic Sourcing Engineer in companies similar to Homag India in India?
The salary of a Strategic Sourcing Engineer at companies similar to Homag India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Lakshmi Machine Works ₹4.1 Lakhs to ₹5.5 Lakhs per year
Schwing Stetter ₹3.2 Lakhs to ₹5.5 Lakhs per year
Ashok Leyland ₹3.1 Lakhs to ₹5.1 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 Strategic Sourcing Engineer at Homag India in India?
The salary growth for a Strategic Sourcing Engineer at Homag India depends on factors such as experience, performance, and promotions. On average, a Strategic Sourcing Engineer can expect the following growth trajectory at Homag India:

Experience Average Salary Range
3 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

Homag India Strategic Sourcing Engineer salary in India ranges between ₹4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Homag India latest salaries received from various employees of Homag India.