IBM Procurement Salaries by 4 Employees

1 - 3 years exp.

₹1.5 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Procurement Salary in IT Services & Consulting Companies for 1 - 3 years of experience

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Last Updated: 31 Oct 2024

Companies similar to IBM for Procurement

Company name	Avg Annual Salary	Open Jobs
Accenture Procurement Salary 2 - 7 years exp. (12 salaries)	₹1.7 L/yr - ₹7.8 L/yr 1% less	14 job openings
Genpact Procurement Salary 1 - 4 years exp. (4 salaries)	₹1 L/yr - ₹5.5 L/yr 2% more	3 job openings
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Infosys Procurement Salary 12 years exp. (4 salaries)	₹4.5 L/yr - ₹8 L/yr 80% more
Wipro Procurement Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.9 L/yr 17% more
Capgemini Procurement Salary 2 - 6 years exp. (3 salaries)	₹4.1 L/yr - ₹4.5 L/yr 38% more	1 job opening

Procurement salary at IBM ranges between ₹1.5 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of IBM.

Experience wise IBM Procurement salaries

Last Updated: 31 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.6 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.5 L/yr

Similar Designation salaries in IBM

Procurement Specialist Salary

(413 salaries)

₹2 L/yr - ₹9.28 L/yr

Procurement Professional Salary

(238 salaries)

₹2.25 L/yr - ₹10 L/yr

Procurement Associate Salary

(98 salaries)

₹2 L/yr - ₹4.35 L/yr

Procurement Analyst Salary

(91 salaries)

₹1.95 L/yr - ₹8 L/yr

Procurement Executive Salary

(75 salaries)

₹2 L/yr - ₹6 L/yr

Senior Procurement Specialist Salary

(49 salaries)

₹3.85 L/yr - ₹9 L/yr

Procurement Buyer Salary

(32 salaries)

₹2.16 L/yr - ₹6 L/yr

Ariba Consultant Salary

(26 salaries)

₹5.39 L/yr - ₹28 L/yr

Supply Chain Consultant Salary

(18 salaries)

₹6.55 L/yr - ₹15 L/yr

Sourcing Specialist Salary

(17 salaries)

₹4.25 L/yr - ₹8.5 L/yr

Top skills at IBM for Procurement

Procurement Vendor Management Sourcing Customer Service Supply Chain Management

Salary related reviews for IBM

4.0

Rated by 1 employees for salary & benefits

Procurement Specialist in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

3.0

• posted on 22 Mar 2022

2.0

for Salary and Benefits

Likes

Not a good place to work or start career, Very slow or not career growth, worst is salary growth.

Dislikes

Salary growth career growth every important thing is worst.. specifically policies every policy based upon manager approval even leaves.. haha

Salary - Poor

+6 more

Procurement Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

4.0

• posted on 01 Jan 2019

2.0

for Salary and Benefits

Likes

Knowledge seekers have plenty of options to learn new technologies. Friendly co workers. Very open work culture. Procurement teams are very well organised and you would have lot of new opportunities to learn.

Skill development - Excellent

+2 more

Dislikes

Perks not that satisfactory. Package is never industry standards, hike percentage very low.

Salary - Poor

Procurement Specialist in Bangalore / Bengaluru

Procurement Department

3.0

• posted on 31 Oct 2017

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that i am a part of a team that is reliable, co-operative and push to explore. As a result I get to learn more things.

Job security - Excellent

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 10-15 hours straight in a day.

Work satisfaction - Poor

+1 more

Procurement Specialist in Chennai

Full Time

Procurement & Supply Chain Department

3.0

• posted on 08 Oct 2024

1.0

for Salary and Benefits

Likes

The shift timing was a huge plus. Once you master a process, our leads will ask us to learn a new process.

Skill development - Good

+3 more

Dislikes

Salary was to low. Even after putting so much hard work wont get good salary. There was no Work life balance. I will be going home and resuming my work. No equal distribution of work.

Salary - Bad

+2 more

Test Lead in Bhubaneswar

Full Time

Engineering - Software & QA Department

4.0

• posted on 16 Jan 2025

3.0

for Salary and Benefits

Likes

Lot of projects available to engage people. More Onsite opportunity .

Job security - Good

+2 more

Dislikes

Skills are under utilized due to project pressure. Salary is low compared to market standard and appraisal takes lot of time. Insurance policy is poor.

see more salary related reviews

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littleiv

works at

Capgemini

Tech lead - Tech Mahindra or IBM

I have 2 offers in same location : Need guidance to choose one 1) Tech Mahindra (U4) Fixed 23.9 Variable 2.6=26.5 No joining bonus Project details informed already 2)IBM(7B) Fixed 21.37 Variable 2=23.37 Joining bonus is 1 lakh Tech M pays almost variable pay every month whereas IBM at year end. ( we get 80% variable pay in Tech M ,50% in IBM) Your Responses and thoughts will be appreciated. Thank you

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IBM Procurement Salary FAQs

What is the salary of Procurement at IBM ?

The average salary of a Procurement at IBM in India typically ranges from ₹1.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Procurement at IBM earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Procurement Salaries at IBM 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 IBM employees in India.

What is the estimated take home salary of a Procurement at IBM in India?

The estimated take-home salary of a Procurement at IBM in India typically ranges from ₹22,309 to ₹23,788 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 3 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 IBM. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement at IBM ?

To be a Procurement at IBM in india, the key skills required include:

- Procurement
- Vendor Management
- Sourcing
- Customer Service
- Supply Chain Management

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

Which companies offer higher salaries than IBM for Procurement in India?

Infosys	₹4.5 Lakhs to ₹8.0 Lakhs per year
Capgemini	₹4.1 Lakhs to ₹4.5 Lakhs per year
Wipro	₹3.0 Lakhs to ₹4.9 Lakhs per year
Genpact	₹1.0 Lakhs to ₹5.5 Lakhs per year

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

What is the salary of a Procurement in companies similar to IBM in India?

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

Accenture

₹1.7 Lakhs to ₹7.8 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 at IBM in India?

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

Experience	Average Salary Range
1 year	₹0.6 Lakhs to ₹2.5 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.4 Lakhs per year
3 years	₹1.9 Lakhs to ₹5.5 Lakhs per year

and so on.

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IBM Procurement Salaries

IBM Procurement salary in India ranges between ₹1.5 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IBM latest salaries received from various employees of IBM.