Inoventic Tech Solution Bangalore / Bengaluru Procurement Engineer Salaries by 40+ Employees (Updated 2024)

1 - 3 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Salary of majority employees

24% less than the average Procurement Engineer Salary in Design Companies for 1 - 3 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Engineer Salary 1 - 3 years exp. (35 salaries)	₹2.2 L/yr - ₹3.6 L/yr
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Consulting Procurement Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 19 Jul 2024

Companies similar to Inoventic Tech Solution for Procurement Engineer in Bangalore / Bengaluru

Inoventic Tech Solution Procurement Engineer Salary

1 - 3 years exp. (45 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Procurement Engineer Salary 1 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹5.5 L/yr 56% more
HCLTech Procurement Engineer Salary 1 - 5 years exp. (12 salaries)	₹3 L/yr - ₹7 L/yr 44% more
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Tech Mahindra Procurement Engineer Salary 1 - 6 years exp. (5 salaries)	₹5.5 L/yr - ₹6 L/yr 90% more
LKQ INDIA Procurement Engineer Salary 2 - 9 years exp. (146 salaries)	₹2.7 L/yr - ₹7 L/yr 65% more
Techmaxx Engineering Services Procurement Engineer Salary 2 - 5 years exp. (59 salaries)	₹2.4 L/yr - ₹4 L/yr 9% more

Procurement Engineer salary at Inoventic Tech Solution ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 45 latest salaries received from various employees of Inoventic Tech Solution.

Experience wise Inoventic Tech Solution Procurement Engineer salaries in Bangalore / Bengaluru

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
1 year (11 salaries)	₹2.2 L/yr - ₹3 L/yr
2 years (26 salaries)	₹2.2 L/yr - ₹3.5 L/yr
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3 years (8 salaries)	₹2.4 L/yr - ₹3.6 L/yr

Salary related reviews for Inoventic Tech Solution

Procurement Engineer in Pune

Procurement & Supply Chain Department

4.0

• posted on 04 Mar 2022

4.0

for Salary and Benefits

Likes

The company is good, it help to learn more about sap Material Management module. The staff is friendly and supportive. The over all experience is good

Dislikes

Every company has some disadvantage. But working in this company, i never felt any dislike.

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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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Inoventic Tech Solution Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Inoventic Tech Solution Bangalore / Bengaluru?

Procurement Engineer salary at Inoventic Tech Solution in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹3.6 Lakhs for experience between 1 years to 3 years. According to our estimates it is 24% less than the average Procurement Engineer Salary in India. Salary estimates are based on 45 latest salaries received from various employees of Inoventic Tech Solution Bangalore / Bengaluru.

How does the salary of a Procurement Engineer at Inoventic Tech Solution Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Procurement Engineer at Inoventic Tech Solution is 24% less than the average salary of a Procurement Engineer in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Inoventic Tech Solution to a Procurement Engineer in Bangalore / Bengaluru?

Tech Mahindra Procurement Engineer Salary - ₹5.5 Lakhs to ₹6.0 Lakhs per year
LKQ INDIA Procurement Engineer Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
TCS Procurement Engineer Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
HCLTech Procurement Engineer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Techmaxx Engineering Services Procurement Engineer Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Procurement Engineer at Inoventic Tech Solution in Bangalore / Bengaluru?

The estimated take-home salary of a Procurement Engineer at Inoventic Tech Solution ranges between ₹21,531 per month to ₹23,021 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Inoventic Tech Solution Procurement Engineer salary in India which ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Procurement Engineer at Inoventic Tech Solution in Bangalore / Bengaluru?

According to AmbitionBox, 74% of the Inoventic Tech Solution Procurement Engineers in Bangalore / Bengaluru reported a notice period of 15 days or less, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Inoventic Tech Solution Procurement Engineer Salaries in Bangalore / Bengaluru

Inoventic Tech Solution Procurement Engineer salary in Bangalore / Bengaluru ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 Inoventic Tech Solution latest salaries received from various employees of Inoventic Tech Solution.

Inoventic Tech Solution Procurement Engineer salaries in Bangalore / Bengaluru