Hyundai Steel Purchase Executive Salaries by 4 Employees

1 - 5 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Purchase Executive Salary in Iron & Steel Companies for 1 - 5 years of experience

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Salaries in different departments

Procurement & Supply Chain Purchase Executive Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr
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Engineering - Software & QA Purchase Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Mar 2023

Companies similar to Hyundai Steel for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Tata Steel Purchase Executive Salary 1 - 10 years exp. (17 salaries)	₹1.1 L/yr - ₹4.2 L/yr 4% more
ArcelorMittal Nippon Steel Purchase Executive Salary 2 - 11 years exp. (12 salaries)	₹2.1 L/yr - ₹4.2 L/yr 19% less
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POSCO MAHARASHTRA STEEL Purchase Executive Salary 1 - 7 years exp. (10 salaries)	₹2.9 L/yr - ₹5.1 L/yr 37% more
Jindal Steel and Power Purchase Executive Salary 1 - 7 years exp. (9 salaries)	₹3 L/yr - ₹4.6 L/yr At par
Jindal Saw Purchase Executive Salary 3 - 13 years exp. (9 salaries)	₹4.5 L/yr - ₹7.2 L/yr 66% more
Rashmi Group Purchase Executive Salary 1 - 4 years exp. (7 salaries)	₹2.8 L/yr - ₹4.2 L/yr 5% less
Venus Wire Industries Purchase Executive Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹3.3 L/yr 11% less
Tata Steel Downstream Products Purchase Executive Salary 7 - 18 years exp. (6 salaries)	₹2 L/yr - ₹7 L/yr 36% more
JSW Steel Purchase Executive Salary 4 - 8 years exp. (5 salaries)	₹3.4 L/yr - ₹7.2 L/yr 38% more
Jindal Stainless Purchase Executive Salary 3 - 10 years exp. (4 salaries)	₹5.4 L/yr - ₹6 L/yr 59% more
APL Apollo Tubes Purchase Executive Salary 3 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹3.7 L/yr 7% less
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Viraj Profiles Purchase Executive Salary 1 - 3 years exp. (3 salaries)	₹3.9 L/yr - ₹6.1 L/yr 19% more
B5 Plus Purchase Executive Salary 15 - 17 years exp. (3 salaries)	₹8.1 L/yr - ₹10.4 L/yr 160% more
JSW Group Purchase Executive Salary 2 - 9 years exp. (3 salaries)	₹2 L/yr - ₹7.9 L/yr 28% more

Purchase Executive salary at Hyundai Steel ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Hyundai Steel.

Experience wise Hyundai Steel Purchase Executive salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.2 L/yr

Similar Designation salaries in Hyundai Steel

Store Executive Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Purchase Engineer Salary

(11 salaries)

₹3 L/yr - ₹9.8 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Store Incharge Salary

(5 salaries)

₹2.2 L/yr - ₹2.5 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

SAP MM Consultant Salary

(3 salaries)

₹4.6 L/yr - ₹7.5 L/yr

Senior Associate Salary

(3 salaries)

₹4.6 L/yr - ₹5.5 L/yr

Senior Officer Salary

(3 salaries)

₹4.1 L/yr - ₹6 L/yr

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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 Executive Salary FAQs

What is the salary of Purchase Executive at Hyundai Steel ?

The average salary of a Purchase Executive at Hyundai Steel in India typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Purchase Executive at Hyundai Steel earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Purchase Executive 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 4 Hyundai Steel employees in India.

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

The estimated take-home salary of a Purchase Executive at Hyundai Steel in India typically ranges from ₹25,156 to ₹26,592 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 1 year 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 Hyundai Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

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

B5 Plus	₹8.1 Lakhs to ₹10.4 Lakhs per year
Jindal Saw	₹4.5 Lakhs to ₹7.2 Lakhs per year
Jindal Stainless	₹5.4 Lakhs to ₹6.0 Lakhs per year
JSW Steel	₹3.4 Lakhs to ₹7.2 Lakhs per year
POSCO MAHARASHTRA STEEL	₹2.9 Lakhs to ₹5.1 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 Executive in companies similar to Hyundai Steel in India?

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

Tata Steel Downstream Products	₹2.0 Lakhs to ₹7.0 Lakhs per year
JSW Group	₹2.0 Lakhs to ₹7.9 Lakhs per year
Viraj Profiles	₹3.9 Lakhs to ₹6.1 Lakhs per year
Tata Steel	₹1.1 Lakhs to ₹4.2 Lakhs per year
Jindal Steel and Power	₹3.0 Lakhs to ₹4.6 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 Purchase Executive at Hyundai Steel in India?

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

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹1.5 Lakhs to ₹4.2 Lakhs per year

and so on.

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Hyundai Steel Purchase Executive Salaries

Hyundai Steel Purchase Executive salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hyundai Steel latest salaries received from various employees of Hyundai Steel.