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IBM Procurement Professional salaries in Chennai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹2.6 Lakhs - ₹8.4 Lakhs
Salary of majority employees
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6% less than the average Procurement Professional Salary in IT Services & Consulting Companies for 1 - 8 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Professional Salary
1 - 6 years exp. (16 salaries)
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₹2.8 L/yr - ₹6.4 L/yr

Customer Success, Service & Operations
Procurement Professional Salary
1 year exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹7.7 L/yr

Engineering - Software & QA
Procurement Professional Salary
1 year exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹7.7 L/yr

Last Updated: 18 Mar 2025

Companies similar to IBM for Procurement Professional in Chennai

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IBM Procurement Professional Salary

1 - 8 years exp. (24 salaries)

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₹2.6 L/yr - ₹8.4 L/yr

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Company name Avg Annual Salary Open Jobs
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₹12 L/yr - ₹19 L/yr

arrow icon 135% more
2 job openings
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unlock blur

₹13.6 L/yr - ₹23.6 L/yr

arrow icon 196% more
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Straive Procurement Professional Salary

12 - 16 years exp. (3 salaries)

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₹6.3 L/yr - ₹7.2 L/yr

arrow icon 13% more
Procurement Professional salary at IBM ranges between ₹2.6 Lakhs to ₹8.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 24 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM Procurement Professional in Chennai

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Experience wise IBM Procurement Professional salaries in Chennai

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
1 year  (7 salaries)

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₹2.6 L/yr - ₹4 L/yr
2 years  (5 salaries)

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₹2.8 L/yr - ₹8 L/yr
3 years  (4 salaries)

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₹4 L/yr - ₹9 L/yr
4 years  (4 salaries)

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₹4 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹11 L/yr
View all

Similar Designation salaries in IBM

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₹2.2 L/yr - ₹5 L/yr
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₹2.5 L/yr - ₹7.5 L/yr
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₹2.1 L/yr - ₹4 L/yr
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₹2 L/yr - ₹5.2 L/yr
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₹2.15 L/yr - ₹4.4 L/yr

Top skills at IBM for Procurement Professional

Procurement Customer Service Purchase Strategic Sourcing customer support Purchase Order Sourcing Contract Management Contracting Operations Vendor Management Analytical Auditing Supply Chain Management Vendor Development

Salary related reviews for IBM

1.9

Rated by 2 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 09 Dec 2024

4.0
 for  Salary and Benefits

Likes

Salary is ok to CTC Always one or other functions will be there but if u attend the function u need extend in your working hours Trips - Food in quarterly budget is good

read more
  • Salary - Good
  • +1 more

Dislikes

Worst management no proper HR policies, Manager is superior and no value for individual ideas and innovations. Overall ill rate 3 out of 5

read more
  • Promotions - Poor
  • +3 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
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Oct 2023

1.0
 for  Salary and Benefits

Likes

There are no such policies available in IBM to like anything.

Dislikes

They don't paid salary as per the work. Less job security with zero skills development. no work culture even they force employees to come on Saturday and Sunday when there is no such a requirement in project. employees when there is no requirement in project. work culture is very poor and they don't allow their employees to educate on various skills development programmes.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 09 Jul 2023

4.0
 for  Salary and Benefits

Likes

...en you attain certain exp and post. In Concentrix skill development is best . When compare with both companies you get both things salary and skill development at same time.

read more
  • Salary - Good
  • +6 more

Dislikes

No HR aligned to project so for some employees it’s disadvantage as you have to sort all your problem with people manager. But for me things are perfectly fine ..

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 17 Nov 2023

3.0
 for  Salary and Benefits

Likes

It's a good environment of a company

  • Skill development - Good
  • +3 more

Dislikes

We are working extra hours and more work but they are given less salary some times we kept off line and we working saturday also but salary less and that's why I left ibm

read more
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IBM Procurement Professional Salary FAQs

What is the salary of Procurement Professional at IBM in Chennai?
The average salary of a Procurement Professional at IBM in Chennai typically ranges from ₹2.6 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Procurement Professional in Chennai at IBM earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Procurement Professional 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 20+ IBM employees in India.
What is the estimated take home salary of a Procurement Professional at IBM in Chennai?
The estimated take-home salary of a Procurement Professional at IBM in Chennai typically ranges from ₹44,120 to ₹45,224 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 1 year 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 20+ 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 Professional at IBM in Chennai?
To be a Procurement Professional at IBM in Chennai, the key skills required include:

  • - Procurement
  • - Customer Service
  • - Purchase
  • - Strategic Sourcing
  • - customer support

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 Professional in India?
Technip Energies ₹13.6 Lakhs to ₹23.6 Lakhs per year
Caterpillar Inc ₹12.0 Lakhs to ₹19.0 Lakhs per year
Straive ₹6.3 Lakhs to ₹7.2 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.
How the salary growth look like for a Procurement Professional at IBM in Chennai?
The salary growth for a Procurement Professional at IBM in Chennai depends on factors such as experience, performance, and promotions. On average, a Procurement Professional in Chennai can expect the following growth trajectory at IBM:

Experience Average Salary Range
1 year ₹2.6 Lakhs to ₹4.0 Lakhs per year
2 years ₹2.8 Lakhs to ₹8.0 Lakhs per year
3 years ₹4.0 Lakhs to ₹9.0 Lakhs per year
4 years ₹4.0 Lakhs to ₹6.4 Lakhs per year
and so on.

Tell us how to improve this page.

IBM Procurement Professional salary in Chennai ranges between ₹2.6 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 24 IBM latest salaries received from various employees of IBM.