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4.1

based on 21.1k Reviews

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IBM Procurement Associate salaries in Chennai

Annual salary range
0 - 3 years exp.
₹2.1 Lakhs - ₹4 Lakhs
Salary of majority employees
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17% less than the average Procurement Associate Salary in IT Services & Consulting Companies for 0 - 3 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Associate Salary
0 - 3 years exp. (15 salaries)
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₹2.1 L/yr - ₹4 L/yr

Research & Development
Procurement Associate Salary
0 - 2 years exp. (3 salaries)
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₹2.6 L/yr - ₹4 L/yr

Production, Manufacturing & Engineering
Procurement Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.3 L/yr

Last Updated: 1 Dec 2024

Companies similar to IBM for Procurement Associate in Chennai

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IBM Procurement Associate Salary

0 - 3 years exp. (20 salaries)

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₹2.1 L/yr - ₹4 L/yr

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Company name Avg Annual Salary Open Jobs
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HCLTech Procurement Associate Salary

1 - 3 years exp. (5 salaries)

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₹2.7 L/yr - ₹3.6 L/yr

arrow icon 4% more
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Accenture Procurement Associate Salary

0 - 6 years exp. (41 salaries)

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₹1.2 L/yr - ₹6.5 L/yr

arrow icon 25% more
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₹2.6 L/yr - ₹4 L/yr

arrow icon 3% less
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CARS24 Procurement Associate Salary

0 - 6 years exp. (9 salaries)

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 3% less
1 job opening
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₹3 L/yr - ₹5.2 L/yr

arrow icon 32% more
Procurement Associate salary at IBM ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 20 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM Procurement Associate in Chennai

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Experience wise IBM Procurement Associate salaries in Chennai

Last Updated: 1 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.1 L/yr - ₹3.1 L/yr
1 year  (7 salaries)

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₹2.4 L/yr - ₹3 L/yr
2 years  (6 salaries)

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₹2.7 L/yr - ₹4 L/yr
3 years  (4 salaries)

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₹2.5 L/yr - ₹4 L/yr

Similar Designation salaries in IBM

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₹2.8 L/yr - ₹12.49 L/yr
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₹2.45 L/yr - ₹7.5 L/yr
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₹2.15 L/yr - ₹4.4 L/yr
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₹2.15 L/yr - ₹5.2 L/yr

Salary related reviews for IBM

3.4

Rated by 2 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 09 Dec 2023

1.0
 for  Salary and Benefits

Likes

Varied exposure. Due to lack of budget management will get most of the high end task done by you thereby increasing the exposure.

read more

Dislikes

...agement i worked with was not skilled and GA was managed by PTP and OTC leaders Bad pay - increments and perks are really bad Office politics - no value for work if you are good at dancing or singing or anchoring management might favour you. If you are good at work they will drill you. Management company - there is no HR so the rule of manager is final. I witnessed few harassment casses wherein a female employee was abused by manager and on her complaint there was no action. No promotions - there is no 18 or 24 month criteria. Even if you are top rater they at first will make false promises of promotion and later will reject your promotion. Self centered management - the management is so self centered they even jeopardize the careers of innocent. I witnessed few cases where people were asked to resign or else threatened to be given PIP. No formal documentation of roles and responsibilities also even sometimes they mislead org chart or hierarchy. Delayed FNF - management is unaware about FNF policy or relieving formalities which result in delay of FNF. My FNF is pending for more than 2 months and after several escalations i get no resolution. Micro management and pathetic work life balance with no wfh policy. I had to fight with management to allow my team to take 1 wfh a week.

read more

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.

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Dislikes

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

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Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 06 May 2019

3.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts it. It gives individual a platform to interact with clients, which is good for personal development

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Dislikes

Compensation is decent, but there is no other monetary benefit

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.

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Dislikes

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

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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.

read 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.

read more
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IBM Procurement Associate Salary FAQs

What is the salary of Procurement Associate at IBM Chennai?
Procurement Associate salary at IBM in Chennai ranges between ₹2.1 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 17% less than the average Procurement Associate Salary in India. Salary estimates are based on 20 latest salaries received from various employees of IBM Chennai.
How does the salary of a Procurement Associate at IBM Chennai compare with the average salary range for this job?
The average salary of a Procurement Associate at IBM is 17% less than the average salary of a Procurement Associate in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than IBM to a Procurement Associate in Chennai?
  • Golden Falcon Aviation Procurement Associate Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Accenture Procurement Associate Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
  • HCLTech Procurement Associate Salary - ₹2.7 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Procurement Associate in companies similar to IBM in Chennai?
  • CARS24 Procurement Associate Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
  • West Bengal Medical Council Procurement Associate Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Procurement Associate at IBM in Chennai?
The estimated take-home salary of a Procurement Associate at IBM ranges between ₹22,063 per month to ₹23,545 per month in Chennai. The take-home salary calculation is based on the average IBM Procurement Associate salary in India which ranges between ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Procurement Associate at IBM in Chennai?
According to AmbitionBox, 59% of the IBM Procurement Associates in Chennai reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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IBM Procurement Associate salary in Chennai ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 IBM latest salaries received from various employees of IBM.