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4.1

based on 21.1k Reviews

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IBM Procurement Executive salaries in Chennai

Annual salary range
0 - 4 years exp.
₹2.2 Lakhs - ₹5.2 Lakhs
Salary of majority employees
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8% less than the average Procurement Executive Salary in IT Services & Consulting Companies for 0 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Executive Salary
0 - 4 years exp. (17 salaries)
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₹2.2 L/yr - ₹5.2 L/yr

Finance & Accounting
Procurement Executive Salary
Fresher (AmbitionBox Estimate)
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₹2.7 L/yr - ₹4.7 L/yr

Last Updated: 22 Nov 2024

Companies similar to IBM for Procurement Executive in Chennai

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IBM Procurement Executive Salary

0 - 4 years exp. (18 salaries)

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₹2.2 L/yr - ₹5.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Wipro Procurement Executive Salary

3 - 7 years exp. (7 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 2% more
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HCLTech Procurement Executive Salary

2 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹5.2 L/yr

arrow icon 17% more
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Accenture Procurement Executive Salary

1 - 6 years exp. (7 salaries)

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₹1.9 L/yr - ₹5 L/yr

arrow icon 11% more
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Cognizant Procurement Executive Salary

0 - 7 years exp. (9 salaries)

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₹2.3 L/yr - ₹8.3 L/yr

arrow icon 57% more
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Capgemini Procurement Executive Salary

0 - 7 years exp. (8 salaries)

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₹2.9 L/yr - ₹4.7 L/yr

arrow icon 1% less
Procurement Executive salary at IBM ranges between ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 18 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM Procurement Executive in Chennai

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Experience wise IBM Procurement Executive salaries in Chennai

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.1 L/yr
1 year  (8 salaries)

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₹2.2 L/yr - ₹5 L/yr
2 years  (5 salaries)

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₹2.4 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹8.5 L/yr

Similar Designation salaries in IBM

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₹2.45 L/yr - ₹7.5 L/yr
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₹2.1 L/yr - ₹4 L/yr
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₹2.2 L/yr - ₹4.4 L/yr

Salary related reviews for IBM

2.0

Rated by 1 employees for salary & benefits

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.

read more

Dislikes

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

read more

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.

read more

Dislikes

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

read more

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 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
see more salary related reviews

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IBM Procurement Executive Salary FAQs

What is the salary of Procurement Executive at IBM Chennai?
Procurement Executive salary at IBM in Chennai ranges between ₹2.2 Lakhs to ₹5.2 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 8% less than the average Procurement Executive Salary in India. Salary estimates are based on 18 latest salaries received from various employees of IBM Chennai.
How does the salary of a Procurement Executive at IBM Chennai compare with the average salary range for this job?
The average salary of a Procurement Executive at IBM is 8% less than the average salary of a Procurement Executive in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than IBM to a Procurement Executive in Chennai?
  • Cognizant Procurement Executive Salary - ₹2.3 Lakhs to ₹8.3 Lakhs per year
  • HCLTech Procurement Executive Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
  • Accenture Procurement Executive Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
  • Wipro Procurement Executive Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Procurement Executive in companies similar to IBM in Chennai?
  • Capgemini Procurement Executive Salary - ₹2.9 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a Procurement Executive at IBM in Chennai?
The estimated take-home salary of a Procurement Executive at IBM ranges between ₹27,812 per month to ₹29,209 per month in Chennai. The take-home salary calculation is based on the average IBM Procurement Executive salary in India which ranges between ₹2.2 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Procurement Executive at IBM in Chennai?
According to AmbitionBox, 46% of the IBM Procurement Executives in Chennai reported a notice period of 1 Month, 39% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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IBM Procurement Executive salary in Chennai ranges between ₹2.2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 IBM latest salaries received from various employees of IBM.