Idex Sourcing Engineer Salaries by 4 Employees (Updated 2024)

7 - 8 years exp.

₹8.8 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

88% more than the average Sourcing Engineer Salary in Non-Profit Companies for 7 - 8 years of experience

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Last Updated: 21 Feb 2024

Companies similar to Idex for Sourcing Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Sourcing Engineer Salary 4 - 8 years exp. (10 salaries)	₹3.1 L/yr - ₹9 L/yr 39% less
HCLTech Sourcing Engineer Salary 2 - 6 years exp. (21 salaries)	₹2.5 L/yr - ₹8.7 L/yr 54% less
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Tech Mahindra Sourcing Engineer Salary 3 - 11 years exp. (12 salaries)	₹6.5 L/yr - ₹10 L/yr 6% less
IndustryBuying.com Sourcing Engineer Salary 0 - 6 years exp. (71 salaries)	₹2.7 L/yr - ₹5.3 L/yr 52% less
Epiroc Sourcing Engineer Salary 0 - 6 years exp. (34 salaries)	₹2 L/yr - ₹8.5 L/yr 51% less

Sourcing Engineer salary at Idex ranges between ₹8.8 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Idex.

Experience wise Idex Sourcing Engineer salaries

Last Updated: 21 Feb 2024

Experience	Avg Annual Salary
7 years (3 salaries)	₹8.8 L/yr - ₹11 L/yr
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8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹8.8 L/yr

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Salary related reviews for Idex

Sales Manager - Industrial Business (PAN INDIA) in Vadodara

Full Time

Sales & Business Development Department

1.0

• posted on 29 Dec 2023

4.0

for Salary and Benefits

Likes

Salary Benefit was one thing which they satisfy while joining the organisation

Dislikes

Job security is zero nothing comes first here except ego and personal grudges. Professional approach is very difficult to even think

System Co Coordinator in Mumbai

IT & Information Security Department

5.0

• posted on 31 Jan 2020

4.0

for Salary and Benefits

Likes

The IDEX having diversified culture, IT/Finance Team where excellent, IT work culture was amazing, co operative and friendly. Due to IT assignments i travelled abroad, and within India many occupations.

Dislikes

Compensation and growth is slow, its dependent. I have no complaints or any regrets i left Idex, i don't have any reason to blame or

Application Engineer - Pump Industry in Mumbai

Marketing Department

4.0

• posted on 25 Mar 2018

3.0

for Salary and Benefits

Likes

Frankly it depends for which role you are working. Overall culture is good. Job security depends on business generated. Work life balance is good.

Dislikes

If there is change of role within idex, the compensation is not lucrative. But i guess if you come from some other organisation they pay you well. Rest work interest depends on role offered. There are no dislikes as such.

Manager Materials in Vadodara

Procurement & Supply Chain Department

4.0

• posted on 29 Jun 2022

4.0

for Salary and Benefits

Likes

Compensation is better

Dislikes

Very high politics and extreme high attrition rate (way more than than IT Firm). Decision of termination or job rotation is taken very swiftly just based on mouth publicity. Job security is minimal.

Head/VP/GM-Technology(IT)/CTO

IT Department

5.0

• posted on 15 Nov 2019

5.0

for Salary and Benefits

Likes

IDEX stand for Inclusion, Diversity and EXcellence. The company is open to innovation rapidly adopt latest technology. I am proud to be a part of team that provides trusted solutions & improve lifes. The product are market reliable, high quality and had a global client base. As a result, I get to travel abroad, especially to the US and European countries. On site travel is completely dependent on project and year IT conferences. I got a B1 visa for 10 years and Business visa for UK. As I globle company have an opportunity to work with diverse cultural backgrounds colleagues with high collaboration.

Dislikes

Move to next level and expose other opportunities..

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Idex Sourcing Engineer Salary FAQs

What is the salary of Sourcing Engineer at Idex?

Sourcing Engineer salary at Idex in India ranges between ₹8.8 Lakhs to ₹11.0 Lakhs for experience between 7 years to 8 years. According to our estimates it is 88% more than the average Sourcing Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Idex India.

How does the salary of a Sourcing Engineer at Idex India compare with the average salary range for this job?

The average salary of a Sourcing Engineer at Idex is 88% more than the average salary of a Sourcing Engineer in India. To know exact salary insights, login to view.

What is the salary of a Sourcing Engineer in companies similar to Idex in India?

Tech Mahindra Sourcing Engineer Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
TCS Sourcing Engineer Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
Epiroc Sourcing Engineer Salary - ₹2.0 Lakhs to ₹8.5 Lakhs per year
IndustryBuying.com Sourcing Engineer Salary - ₹2.7 Lakhs to ₹5.3 Lakhs per year
HCLTech Sourcing Engineer Salary - ₹2.5 Lakhs to ₹8.7 Lakhs per year

What is the estimated take home salary of a Sourcing Engineer at Idex in India?

The estimated take-home salary of a Sourcing Engineer at Idex ranges between ₹68,285 per month to ₹70,036 per month in India. The take-home salary calculation is based on the average Idex Sourcing Engineer salary in India which ranges between ₹8.8 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Sourcing Engineer at Idex?

According to AmbitionBox, 100% of the Idex Sourcing Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Idex Sourcing Engineer Salaries

Idex Sourcing Engineer salary in India ranges between ₹8.8 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Idex latest salaries received from various employees of Idex.