Hyundai Steel Purchase Engineer Salaries by 10+ Employees

5 - 8 years exp.

₹3 Lakhs - ₹9.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% more than the average Purchase Engineer Salary in Iron & Steel Companies for 5 - 8 years of experience

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Last Updated: 14 Aug 2024

Companies similar to Hyundai Steel for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Rashmi Group Purchase Engineer Salary 1 - 5 years exp. (17 salaries)	₹2 L/yr - ₹7.3 L/yr 23% less
Jindal Steel and Power Purchase Engineer Salary 1 - 8 years exp. (12 salaries)	₹1.9 L/yr - ₹5.2 L/yr 29% less
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ArcelorMittal Nippon Steel Purchase Engineer Salary 1 - 6 years exp. (8 salaries)	₹2 L/yr - ₹6 L/yr 34% less
JSW Steel Purchase Engineer Salary 4 - 16 years exp. (6 salaries)	₹3.6 L/yr - ₹8 L/yr 18% more
Tata Steel Purchase Engineer Salary 5 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹8.4 L/yr 8% more
Welspun Corp Purchase Engineer Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.9 L/yr 53% less
Kalyani Forge Purchase Engineer Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 51% less
Kalika Steel Alloys Purchase Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 50% less
APL Apollo Tubes Purchase Engineer Salary 4 - 8 years exp. (4 salaries)	₹3.6 L/yr - ₹7.2 L/yr 9% more
JSW Group Purchase Engineer Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 39% less

Purchase Engineer salary at Hyundai Steel ranges between ₹3 Lakhs to ₹9.8 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Hyundai Steel.

Latest annual salaries shared by Hyundai Steel Purchase Engineer

5mo ago

₹4 Lakhs

7 years exp.

1y ago

₹6 Lakhs

6 years exp.

1y ago

₹10 Lakhs

8 years exp.

1y ago

₹3 Lakhs

5 years exp.

1y ago

₹4.9 Lakhs

5 years exp.

1y ago

5 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

Experience wise Hyundai Steel Purchase Engineer salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
5 years (4 salaries)	₹3 L/yr - ₹4.9 L/yr
6 years (3 salaries)	₹3.9 L/yr - ₹6 L/yr
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7 years (3 salaries)	₹4 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10 L/yr

Similar Designation salaries in Hyundai Steel

Junior Engineer Salary

(39 salaries)

₹2.1 L/yr - ₹4.8 L/yr

Procurement Engineer Salary

(6 salaries)

₹2.85 L/yr - ₹4.5 L/yr

Senior Engineer Salary

(25 salaries)

₹4 L/yr - ₹7 L/yr

Assistant Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹3.3 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

SCM Engineer Salary

(3 salaries)

₹3.8 L/yr - ₹7 L/yr

Deputy Manager Salary

(6 salaries)

₹7.4 L/yr - ₹10.65 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

SAP MM Consultant Salary

(3 salaries)

₹4.6 L/yr - ₹7.5 L/yr

Top skills at Hyundai Steel for Purchase Engineer

Procurement Negotiation Vendor Development Procurement Planning Purchase

Salary related reviews for Hyundai Steel

3.1

Rated by 3 employees for salary & benefits

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

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Top trending discussions

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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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Hyundai Steel Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Hyundai Steel ?

The average salary of a Purchase Engineer at Hyundai Steel in India typically ranges from ₹3.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Purchase Engineer at Hyundai Steel earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Purchase 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 10+ Hyundai Steel employees in India.

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

The estimated take-home salary of a Purchase Engineer at Hyundai Steel in India typically ranges from ₹36,988 to ₹38,199 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 5 years to 8 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 10+ salaries received from various employees of Hyundai Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Engineer at Hyundai Steel ?

To be a Purchase Engineer at Hyundai Steel in india, the key skills required include:

- Procurement
- Negotiation
- Vendor Development
- Procurement Planning
- Purchase

These skills are highly valued at Hyundai Steel and are crucial for successful performance in a Software Engineering role.

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

JSW Steel	₹3.6 Lakhs to ₹8.0 Lakhs per year
APL Apollo Tubes	₹3.6 Lakhs to ₹7.2 Lakhs per year
Tata Steel	₹3.5 Lakhs to ₹8.4 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 Purchase Engineer in companies similar to Hyundai Steel in India?

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

Rashmi Group	₹2.0 Lakhs to ₹7.3 Lakhs per year
Jindal Steel and Power	₹1.9 Lakhs to ₹5.2 Lakhs per year
ArcelorMittal Nippon Steel	₹2.0 Lakhs to ₹6.0 Lakhs per year
JSW Group	₹2.0 Lakhs to ₹3.6 Lakhs per year
Kalika Steel Alloys	₹2.2 Lakhs to ₹3.0 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 Purchase Engineer at Hyundai Steel in India?

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

Experience	Average Salary Range
5 years	₹3.0 Lakhs to ₹4.9 Lakhs per year
6 years	₹3.9 Lakhs to ₹6.0 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.8 Lakhs per year
8 years	₹2.4 Lakhs to ₹10.0 Lakhs per year

and so on.

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Hyundai Steel Purchase Engineer Salaries

Hyundai Steel Purchase Engineer salary in India ranges between ₹3 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Hyundai Steel latest salaries received from various employees of Hyundai Steel.