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4.1

based on 21.3k Reviews

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IBM Procurement Specialist salaries in Chennai

Annual salary range
0 - 6 years exp.
₹2.5 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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30% less than the average Procurement Specialist Salary in IT Services & Consulting Companies for 0 - 6 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Specialist Salary
0 - 6 years exp. (29 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Procurement Specialist Salary
2 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹5.7 L/yr

Consulting
Procurement Specialist Salary
2 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹5.7 L/yr

Last Updated: 24 Dec 2024

Companies similar to IBM for Procurement Specialist in Chennai

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IBM Procurement Specialist Salary

0 - 6 years exp. (33 salaries)

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₹2.5 L/yr - ₹7.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Accenture Procurement Specialist Salary

2 - 13 years exp. (19 salaries)

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₹3.6 L/yr - ₹14 L/yr

arrow icon 83% more
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Wipro Procurement Specialist Salary

2 - 7 years exp. (6 salaries)

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₹2.4 L/yr - ₹6 L/yr

arrow icon 3% more
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Capgemini Procurement Specialist Salary

4 - 7 years exp. (5 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 16% less
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HCLTech Procurement Specialist Salary

1 - 9 years exp. (11 salaries)

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₹1.7 L/yr - ₹8.6 L/yr

arrow icon 19% more
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Cognizant Procurement Specialist Salary

5 - 10 years exp. (6 salaries)

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₹5.5 L/yr - ₹13.5 L/yr

arrow icon 60% more
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Genpact Procurement Specialist Salary

2 - 7 years exp. (4 salaries)

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₹2.2 L/yr - ₹7 L/yr

arrow icon 13% more
1 job opening
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DXC Technology Procurement Specialist Salary

4 - 11 years exp. (11 salaries)

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₹3.5 L/yr - ₹7.1 L/yr

arrow icon 23% more
Procurement Specialist salary at IBM ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 33 latest salaries received from various employees of IBM.

Latest annual salaries shared by IBM Procurement Specialist in Chennai

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Experience wise IBM Procurement Specialist salaries in Chennai

Last Updated: 24 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.7 L/yr
1 year  (4 salaries)

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₹2.8 L/yr - ₹4.8 L/yr
2 years  (10 salaries)

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₹2.5 L/yr - ₹4.8 L/yr
3 years  (7 salaries)

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₹3.5 L/yr - ₹6 L/yr
4 years  (8 salaries)

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₹4.1 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in IBM

Team Lead Salary
(290 salaries)
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₹5.96 L/yr - ₹20.6 L/yr
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₹10 L/yr - ₹21 L/yr
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₹2.15 L/yr - ₹5.2 L/yr

Top skills at IBM for Procurement Specialist

Procurement Operations Management Contract Management P2P Consulting Helpdesk Handling Client Calls Operations Compliance Help Desk Operations Auditing Purchase Supply Chain Management Cost SAP

Salary related reviews for IBM

2.0

Rated by 4 employees for salary & benefits

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.

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.

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

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

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

 · 

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

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
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IBM Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at IBM Chennai?
Procurement Specialist salary at IBM in Chennai ranges between ₹2.5 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 30% less than the average Procurement Specialist Salary in India. Salary estimates are based on 33 latest salaries received from various employees of IBM Chennai.
How does the salary of a Procurement Specialist at IBM Chennai compare with the average salary range for this job?
The average salary of a Procurement Specialist at IBM is 30% less than the average salary of a Procurement Specialist in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Procurement Specialist at IBM?
Procurement, Operations Management, Contract Management, P2P and Consulting are some of the popular skills required to work as a Procurement Specialist at IBM Chennai.
Which similar companies are paying more than IBM to a Procurement Specialist in Chennai?
  • Accenture Procurement Specialist Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
  • Cognizant Procurement Specialist Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year
  • DXC Technology Procurement Specialist Salary - ₹3.5 Lakhs to ₹7.1 Lakhs per year
  • HCLTech Procurement Specialist Salary - ₹1.7 Lakhs to ₹8.6 Lakhs per year
  • Genpact Procurement Specialist Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Procurement Specialist in companies similar to IBM in Chennai?
  • Wipro Procurement Specialist Salary - ₹2.4 Lakhs to ₹6.0 Lakhs per year
  • Capgemini Procurement Specialist Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Procurement Specialist at IBM in Chennai?
The estimated take-home salary of a Procurement Specialist at IBM ranges between ₹35,452 per month to ₹36,685 per month in Chennai. The take-home salary calculation is based on the average IBM Procurement Specialist salary in India which ranges between ₹2.5 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Procurement Specialist at IBM in Chennai?
According to AmbitionBox, 43% of the IBM Procurement Specialists in Chennai reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IBM Procurement Specialist salary in Chennai ranges between ₹2.5 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 33 IBM latest salaries received from various employees of IBM.