IIT Madras Senior Manager Purchase Salaries by 4 Employees

20 - 22 years exp.

₹12 Lakhs - ₹18 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

19% less than the average Senior Manager Purchase Salary in Education & Training Companies for 20 - 22 years of experience

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Last Updated: 9 Nov 2023

Companies similar to IIT Madras for Senior Manager Purchase

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior Manager Purchase Salary 5 - 18 years exp. (115 salaries)	₹6.3 L/yr - ₹22 L/yr 2% more
Deepak Fertilisers and Petrochemicals Senior Manager Purchase Salary 8 - 18 years exp. (22 salaries)	₹7.5 L/yr - ₹17.5 L/yr 3% less
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JCB Senior Manager Purchase Salary 11 - 28 years exp. (16 salaries)	₹15 L/yr - ₹30 L/yr 73% more
Procter & Gamble Senior Manager Purchase Salary 5 - 19 years exp. (14 salaries)	₹32 L/yr - ₹62 L/yr 225% more
Reliance Industries Senior Manager Purchase Salary 10 - 19 years exp. (12 salaries)	₹12 L/yr - ₹18.5 L/yr 2% more

Senior Manager Purchase salary at IIT Madras ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of IIT Madras.

Experience wise IIT Madras Senior Manager Purchase salaries

Last Updated: 9 Nov 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹12 L/yr - ₹18 L/yr
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Similar Designation salaries in IIT Madras

Junior Purchase Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Purchasing Head Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Supply Chain Executive Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Logistic Coordinator Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Store Keeper Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Asst Store Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for IIT Madras

Project Associate-Internship

Intern

Other Department

4.0

• posted on 02 Dec 2019

4.0

for Salary and Benefits

Likes

The Company is open to innovation and readily adopts the latest technology. Another plus point is that my colleagues come from various cultural backgrounds and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

compensation is decent but growth is slow.

Project Associate in Chennai

Research & Development Department

5.0

• posted on 26 May 2019

4.0

for Salary and Benefits

Likes

It gives more opportunities to learn a lot of things. As well as there is no restriction or specific work time. You can plan your own work according to your benefits.

Salary - Good

+6 more

Dislikes

It's good in overall. Pay is ok comparing other iits and stress free

Project Associate

TCOE Department

4.0

• posted on 28 Apr 2019

2.0

for Salary and Benefits

Likes

learning is good

Skill development - Excellent

+3 more

Dislikes

1. 2nd and 4th Saturday working, It should be holiday 2. Salary very less. 3. People miss behave on the name of Project staff. They try to put you down telling that you are project staff, I worked there as a Project Associate.

Salary - Poor

AV Editor in Chennai

Education Department

3.0

• posted on 18 May 2018

3.0

for Salary and Benefits

Likes

...k stuffs. Other than these things there is nothing good in IIT. No job security. Salary is not enough. Very high politics.work- life balance is too poor.

Skill development - Good

Dislikes

Team mates are not good. No job Security, Salary is not enough, very high work pressure, very high politics, work-life balance is too poor, no travel allowances.

Job security - Bad

+3 more

PHD Research Scholar in Chennai

Full Time

Other Department

1.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

It is a cheap organization which does not allow employees to even bring their vehicles into a 600 acres campus. They charge us money to bring vehicles. Employees are treated as dogs at the gates of IITM.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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IIT Madras Senior Manager Purchase Salary FAQs

What is the salary of Senior Manager Purchase at IIT Madras ?

The average salary of a Senior Manager Purchase at IIT Madras in India typically ranges from ₹12.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 20 years to 22 years).

The top 10% of Senior Manager Purchase at IIT Madras earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Manager Purchase Salaries at IIT Madras 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 4 IIT Madras employees in India.

What is the estimated take home salary of a Senior Manager Purchase at IIT Madras in India?

The estimated take-home salary of a Senior Manager Purchase at IIT Madras in India typically ranges from ₹1,00,770 to ₹1,03,516 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 20 years to 22 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 4 salaries received from various employees of IIT Madras. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIT Madras for Senior Manager Purchase in India?

Procter & Gamble	₹32.0 Lakhs to ₹62.0 Lakhs per year
JCB	₹15.0 Lakhs to ₹30.0 Lakhs per year
Reliance Industries	₹12.0 Lakhs to ₹18.5 Lakhs per year
Tata Motors	₹6.3 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IIT Madras, depending on the role and experience level.

What is the salary of a Senior Manager Purchase in companies similar to IIT Madras in India?

The salary of a Senior Manager Purchase at companies similar to IIT Madras in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deepak Fertilisers and Petrochemicals

₹7.5 Lakhs to ₹17.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager Purchase at IIT Madras in India?

The salary growth for a Senior Manager Purchase at IIT Madras depends on factors such as experience, performance, and promotions. On average, a Senior Manager Purchase can expect the following growth trajectory at IIT Madras:

Experience	Average Salary Range
15 years	₹12.0 Lakhs to ₹18.0 Lakhs per year

and so on.

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IIT Madras Senior Manager Purchase Salaries

IIT Madras Senior Manager Purchase salary in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IIT Madras latest salaries received from various employees of IIT Madras.