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3.5

based on 31 Reviews

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Homag India Strategic Sourcing Engineer salaries in Bangalore / Bengaluru

Annual salary range
3 - 5 years exp.
₹4 Lakhs - ₹5.6 Lakhs
Salary of majority employees
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8% less than 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 in Bangalore / Bengaluru

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Homag India Strategic Sourcing Engineer Salary

3 - 5 years exp. (4 salaries)

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₹4 L/yr - ₹5.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.5 L/yr - ₹5 L/yr

arrow icon 19% less
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₹1.9 L/yr - ₹3 L/yr

arrow icon 55% less
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HCLTech Strategic Sourcing Engineer Salary

3 - 6 years exp. (3 salaries)

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₹3.5 L/yr - ₹7.9 L/yr

arrow icon 22% more
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 in Bangalore / Bengaluru

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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 in Bangalore / Bengaluru

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 - ₹13.3 L/yr
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₹7.7 L/yr - ₹9.9 L/yr

Salary related reviews for Homag India

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 07 Jan 2025

3.0
 for  Salary and Benefits

Likes

It used be the crown jewel in the Indian wood working machineries manufacturing industry. Entire wood working industry including employees, customers, business partners and vendors thrived under the leadership of Mr.Govind. At global level it is really good organization to build career. HOMAG group commands over 30% of global market share. In India they had around 55% market share. Employees morale was quite high and employee turnover was zero. But it was those good old days!

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Dislikes

All the positive feedback listed here are absolutely fake! Current leadership including MD and departmental heads have no clue on how to lead a team or run an organisation. They are intoxicated in power due unchecked authority and newly found wealth (?). It's very unfortunate that global leadership team has turned a blind eye towards HOMAG India. Current phase of this organisation is a clear text book example of how not to run an organisation. Literally anything can and will happen in this organisation as per MD's mood swings. Employees are more concerned about their proximity to power than their work. Employees turnover has increased by 200% within a 2 to 3 years. Employees will be hired and fired at a drop of the hat! Dwindling sales and poor customer response may force this organisation to close their operations in India within 2 years. Only a miracle can save this organisation. Its offers a great opportunity for those who consider chaos and shortcuts as a stepping stone for their personal growth.

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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.

Dislikes

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

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Full Time

 · 

Sales & Marketing Department

3.0
  •  posted on 03 Jan 2022

1.0
 for  Salary and Benefits

Likes

World Class technology knowledge

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

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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.....

Dislikes

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

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Procurement & Supply Chain Department

2.0
  •  posted on 24 Sep 2020

4.0
 for  Salary and Benefits

Likes

Global Brand Products Opportunity to learn

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.....

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Homag India Strategic Sourcing Engineer Salary FAQs

What is the salary of Strategic Sourcing Engineer at Homag India Bangalore / Bengaluru?
Strategic Sourcing Engineer salary at Homag India in Bangalore / Bengaluru ranges between ₹4.0 Lakhs to ₹5.6 Lakhs for experience between 3 years to 5 years. According to our estimates it is 8% less than the average Strategic Sourcing Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Homag India Bangalore / Bengaluru.
How does the salary of a Strategic Sourcing Engineer at Homag India Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Strategic Sourcing Engineer at Homag India is 8% less than the average salary of a Strategic Sourcing Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Homag India to a Strategic Sourcing Engineer in Bangalore / Bengaluru?
  • HCLTech Strategic Sourcing Engineer Salary - ₹3.5 Lakhs to ₹7.9 Lakhs per year
What is the salary of a Strategic Sourcing Engineer in companies similar to Homag India in Bangalore / Bengaluru?
  • Ather Energy Strategic Sourcing Engineer Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
  • Bharat Fritz Werner Strategic Sourcing Engineer Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Strategic Sourcing Engineer at Homag India in Bangalore / Bengaluru?
The estimated take-home salary of a Strategic Sourcing Engineer at Homag India ranges between ₹38,166 per month to ₹39,359 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Homag India Strategic Sourcing Engineer salary in India which ranges between ₹4.0 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

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Homag India Strategic Sourcing Engineer salary in Bangalore / Bengaluru 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.