Hyundai Steel Procurement Engineer Salaries by 6 Employees

3 - 5 years exp.

₹2.9 Lakhs - ₹4.5 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Procurement Engineer Salary in Iron & Steel Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Hyundai Steel for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
ArcelorMittal Nippon Steel Procurement Engineer Salary 0 - 7 years exp. (16 salaries)	₹1.8 L/yr - ₹6 L/yr 3% less
JSW Steel Procurement Engineer Salary 0 - 10 years exp. (7 salaries)	₹2.1 L/yr - ₹8.8 L/yr 33% more
Login to view exact salary
Jindal Stainless Procurement Engineer Salary 1 - 7 years exp. (6 salaries)	₹4.5 L/yr - ₹5.2 L/yr 28% more
Jindal Steel and Power Procurement Engineer Salary 0 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 27% less
POSCO MAHARASHTRA STEEL Procurement Engineer Salary 1 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹6.8 L/yr 51% more
Tata Steel Procurement Engineer Salary 2 - 9 years exp. (4 salaries)	₹4.2 L/yr - ₹5.2 L/yr 25% more
ArcelorMittal Procurement Engineer Salary 1 - 5 years exp. (4 salaries)	₹3.6 L/yr - ₹4.1 L/yr 2% more
Rashmi Group Procurement Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.4 L/yr - ₹5.5 L/yr 9% more

Procurement Engineer salary at Hyundai Steel ranges between ₹2.9 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Hyundai Steel.

Experience wise Hyundai Steel Procurement Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (3 salaries)	₹2.9 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr

Similar Designation salaries in Hyundai Steel

Purchase Engineer Salary

(11 salaries)

₹3 L/yr - ₹9.8 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹3.3 L/yr

Senior Engineer Salary

(25 salaries)

₹4 L/yr - ₹7 L/yr

Junior Engineer Salary

(39 salaries)

₹2.1 L/yr - ₹4.8 L/yr

SCM Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹7 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Purchase Executive Salary

(4 salaries)

₹3 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(6 salaries)

₹7.4 L/yr - ₹10.65 L/yr

SAP MM Consultant Salary

(3 salaries)

₹4.6 L/yr - ₹7.5 L/yr

Salary related reviews for Hyundai Steel

Cutting Machine Operator in Kancheepuram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing but you earn diseases over money...

Dislikes

Poor management,poor canteen, poor machinary...If you got permanent job means it's ok you can go on... Truly the staffs has no work to do compare trainee.. Think about it..

Salary - Bad

+6 more

Safety Officer Trainee in Thiruvallur

Contractual

Environment Health & Safety Department

1.0

• posted on 27 Sep 2023

1.0

for Salary and Benefits

Likes

Company Culture

Company culture - Good

Dislikes

Can't learn anything new.. Top management will use us for their personal motivate rather than letting us do our work Totally waste of time to work here Better find some other where the work purely depends on the educational qualification

Salary - Bad

+5 more

Sizing Operator

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Sep 2019

5.0

for Salary and Benefits

Likes

I started my carrer at march 2019 and i have learned many things from excellent senior operator and senior members and its easy to approach them and their kindness and First of all team work is important in hyundai and i also have learned how to collaborate with them at difficult and easy situation and i am proud to be a member and working as a trainining operator and they produce a good quality products at a accurate time and there is a good feedback from their customers and its more developed and increasing their products qualities day to day and they following a good system of work ..

Salary - Excellent

+6 more

Dislikes

There is a good environment.

Shift Incharge in Sengadu Village

Procurement & Supply Chain Department

5.0

• posted on 28 May 2021

5.0

for Salary and Benefits

Likes

Ppc,store activities and shift incharge, all fields learnt in Hyundai Steel company(department interchange only)

Salary - Excellent

+6 more

Dislikes

nothing.i think to learn many new things and I like to move my carrier into next level.

Diploma Trainee Engineer

Production Department

4.0

• posted on 08 May 2019

3.0

for Salary and Benefits

Likes

As a fresher it would be a great platform for begging a challenging career and the coleuges are as good as our friends and shares very good knowledge.overall it's my great pleasure working here for Hyundai steel ANANTAPUR....

Skill development - Excellent

+5 more

Dislikes

Improper work timings....

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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.

Got a question about Hyundai Steel?

Ask anonymously on communities.

Hyundai Steel Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Hyundai Steel ?

The average salary of a Procurement Engineer at Hyundai Steel in India typically ranges from ₹2.9 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Procurement Engineer at Hyundai Steel earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Procurement Engineer Salaries at Hyundai Steel 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 Hyundai Steel employees in India.

What is the estimated take home salary of a Procurement Engineer at Hyundai Steel in India?

The estimated take-home salary of a Procurement Engineer at Hyundai Steel in India typically ranges from ₹27,724 to ₹29,122 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.5 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 6 salaries received from various employees of Hyundai Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hyundai Steel for Procurement Engineer in India?

POSCO MAHARASHTRA STEEL	₹4.5 Lakhs to ₹6.8 Lakhs per year
JSW Steel	₹2.1 Lakhs to ₹8.8 Lakhs per year
Jindal Stainless	₹4.5 Lakhs to ₹5.2 Lakhs per year
Tata Steel	₹4.2 Lakhs to ₹5.2 Lakhs per year
Rashmi Group	₹2.4 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Procurement Engineer in companies similar to Hyundai Steel in India?

The salary of a Procurement Engineer at companies similar to Hyundai Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ArcelorMittal	₹3.6 Lakhs to ₹4.1 Lakhs per year
ArcelorMittal Nippon Steel	₹1.8 Lakhs to ₹6.0 Lakhs per year
Jindal Steel and Power	₹2.4 Lakhs to ₹3.6 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 Procurement Engineer at Hyundai Steel in India?

The salary growth for a Procurement Engineer at Hyundai Steel depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at Hyundai Steel:

Experience	Average Salary Range
3 years	₹2.9 Lakhs to ₹4.2 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.2 Lakhs per year
5 years	₹1.8 Lakhs to ₹4.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Hyundai Steel Salaries >
Hyundai Steel Procurement Engineer Salaries

Hyundai Steel Procurement Engineer salary in India ranges between ₹2.9 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Hyundai Steel latest salaries received from various employees of Hyundai Steel.