Hyundai Motor India Limited Sourcing Manager Salaries by 5 Employees

4 - 6 years exp.

₹3 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Sourcing Manager Salary in Automobile Companies for 4 - 6 years of experience

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Last Updated: 15 Mar 2024

Companies similar to Hyundai Motor India Limited for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Maruti Suzuki Sourcing Manager Salary 2 - 8 years exp. (16 salaries)	₹1.7 L/yr - ₹6 L/yr 37% less
Tata Motors Sourcing Manager Salary 13 - 15 years exp. (3 salaries)	₹16.5 L/yr - ₹18 L/yr 229% more
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Mahindra & Mahindra Sourcing Manager Salary 9 - 17 years exp. (37 salaries)	₹8.7 L/yr - ₹30.1 L/yr 266% more
Ashok Leyland Sourcing Manager Salary 7 - 20 years exp. (11 salaries)	₹12 L/yr - ₹21.9 L/yr 222% more
Royal Enfield Sourcing Manager Salary 15 - 17 years exp. (5 salaries)	₹15 L/yr - ₹25 L/yr 237% more
VE Commercial Vehicles Sourcing Manager Salary 11 - 14 years exp. (4 salaries)	₹10.5 L/yr - ₹15.7 L/yr 179% more
Hero MotoCorp Sourcing Manager Salary 6 - 11 years exp. (4 salaries)	₹11.3 L/yr - ₹21.5 L/yr 239% more
Volvo Sourcing Manager Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr 138% more
Bajaj Auto Sourcing Manager Salary 9 - 11 years exp. (3 salaries)	₹17 L/yr - ₹24 L/yr 289% more
Mahindra Automotives Sourcing Manager Salary 9 - 20 years exp. (3 salaries)	₹13.8 L/yr - ₹24 L/yr 256% more

Sourcing Manager salary at Hyundai Motor India Limited ranges between ₹3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Hyundai Motor India Limited.

Experience wise Hyundai Motor India Limited Sourcing Manager salaries

Last Updated: 15 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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6 years (4 salaries)	₹3.3 L/yr - ₹14.7 L/yr

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Salary related reviews for Hyundai Motor India Limited

Operations Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 27 Jun 2023

5.0

for Salary and Benefits

Likes

Great Pay. Well defined job scope. Organization structure well maintained. Facilities and amenities are on par with MNCs including salary revisions.

Salary - Excellent

+1 more

Dislikes

No authority to individuals. Only execution work to Indian employees. All major decision making, planning, R&D, Procurement strategy, critical company decisions made by Korean expats. Too much unnecessary & repeated paperwork even for minute things. Seniors focusing on responsibility distribution rather than leading the team by example. Promotions are never on time. So much more to dislike.

Promotions - Poor

+2 more

Team Lead in Penukonda

Production, Manufacturing & Engineering Department

5.0

• posted on 10 Apr 2021

5.0

for Salary and Benefits

Likes

...onment and culture.. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 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 2 years before which you cannot resign. On the job training is not given to new joinees.

Associate General Manager in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 19 Oct 2024

4.0

for Salary and Benefits

Likes

...development and modern sale abd service practice but today Hyundai has all this. so Hyundai is provided best compensation and amenities to their employees. New Indian and Korean management always encouraging smart culture where all age groups people can gel quickly.

Salary - Good

+6 more

Dislikes

Some employees social benefits can add more for social security of employees as per Industry benchmark. Some more transparency can improve more. But they is no point to dislike Hyundai.

Manager in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 18 Sep 2024

1.0

for Salary and Benefits

Likes

Financially Stable company, good market share, good public image,

Skill development - Good

+1 more

Dislikes

...e hands of Masterful political players. You get no monetary improvement in life. Just your current salary is assured. Toil away day and night, yet face shame and guilt manipulation all the time. Cheating HR policy. Get in touch understand the nuances.

Salary - Bad

+4 more

Area Parts And Service Manager in Bhopal

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 16 Oct 2023

4.0

for Salary and Benefits

Likes

Rating and salary increments are good. No politics as such in rating.

Salary - Good

+1 more

Dislikes

For field employees, there are huge delays in processing travel claims. So much paper work and high TAT which cause huge cash crunch sometimes. HR is very weak and employees welfare policies are not adhered. Infact, policies are also not in place.

Work satisfaction - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Hyundai Motor India Limited Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Hyundai Motor India Limited ?

The average salary of a Sourcing Manager at Hyundai Motor India Limited in India typically ranges from ₹3.0 Lakhs to ₹8.2 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Sourcing Manager at Hyundai Motor India Limited earn more than ₹14.7 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Sourcing Manager Salaries at Hyundai Motor India Limited 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 5 Hyundai Motor India Limited employees in India.

What is the estimated take home salary of a Sourcing Manager at Hyundai Motor India Limited in India?

The estimated take-home salary of a Sourcing Manager at Hyundai Motor India Limited in India typically ranges from ₹40,130 to ₹41,293 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.2 Lakhs per year for employees with experience ranging from 4 years to 6 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 5 salaries received from various employees of Hyundai Motor India Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hyundai Motor India Limited for Sourcing Manager in India?

Bajaj Auto	₹17.0 Lakhs to ₹24.0 Lakhs per year
Mahindra & Mahindra	₹8.7 Lakhs to ₹30.1 Lakhs per year
Mahindra Automotives	₹13.8 Lakhs to ₹24.0 Lakhs per year
Hero MotoCorp	₹11.3 Lakhs to ₹21.5 Lakhs per year
Royal Enfield	₹15.0 Lakhs to ₹25.0 Lakhs per year

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

What is the salary of a Sourcing Manager in companies similar to Hyundai Motor India Limited in India?

The salary of a Sourcing Manager at companies similar to Hyundai Motor India Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Motors	₹16.5 Lakhs to ₹18.0 Lakhs per year
Ashok Leyland	₹12.0 Lakhs to ₹21.9 Lakhs per year
VE Commercial Vehicles	₹10.5 Lakhs to ₹15.7 Lakhs per year
Volvo	₹12.0 Lakhs to ₹13.0 Lakhs per year
Maruti Suzuki	₹1.7 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 Sourcing Manager at Hyundai Motor India Limited in India?

The salary growth for a Sourcing Manager at Hyundai Motor India Limited depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at Hyundai Motor India Limited:

Experience	Average Salary Range
4 years	₹1.2 Lakhs to ₹4.5 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹3.3 Lakhs to ₹14.7 Lakhs per year

and so on.

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Hyundai Motor India Limited Sourcing Manager Salaries

Hyundai Motor India Limited Sourcing Manager salary in India ranges between ₹3 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Hyundai Motor India Limited latest salaries received from various employees of Hyundai Motor India Limited.