Iol Chemicals & Pharmaceuticals Sourcing Manager Salaries by 2 Employees (Updated 2025)

16 - 17 years exp.

₹13.7 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 16 Jan 2025

Companies similar to Iol Chemicals & Pharmaceuticals for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
GlaxoSmithKline Pharmaceuticals Sourcing Manager Salary 9 - 13 years exp. (6 salaries)	₹18 L/yr - ₹30 L/yr 61% more
Unichem Laboratories Sourcing Manager Salary 19 - 22 years exp. (4 salaries)	₹15.5 L/yr - ₹16.5 L/yr 3% more
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Reliance Retail Sourcing Manager Salary 3 - 19 years exp. (91 salaries)	₹4.8 L/yr - ₹18.4 L/yr 31% less
Lodha Group Sourcing Manager Salary 0 - 10 years exp. (54 salaries)	₹4.2 L/yr - ₹13 L/yr 52% less
THE GUARDIANS Real Estate Advisory Sourcing Manager Salary 0 - 15 years exp. (49 salaries)	₹3 L/yr - ₹9.4 L/yr 62% less

Sourcing Manager salary at Iol Chemicals & Pharmaceuticals ranges between ₹13.7 Lakhs to ₹17.5 Lakhs per year for employees with experience between 16 years to 17 years. Salary estimates are based on 2 latest salaries received from various employees of Iol Chemicals & Pharmaceuticals.

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Salary related reviews for Iol Chemicals & Pharmaceuticals

Senior Executive in Barnala

Full Time

Media Production & Entertainment Department

4.0

• posted on 18 Jun 2024

5.0

for Salary and Benefits

Likes

Salary on time. Good increments as compared to other pharma and chemical industries.

Salary - Excellent

+6 more

Dislikes

Canteen food quality not so good in shifts than G shift. Smartphones are necessary upto E1 employess for more output. A.c bus might be started and increases the fare accordingly(in summer)

Assistant Engineer in Barnala

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Jul 2024

4.0

for Salary and Benefits

Likes

- Excellent Canteen facility & Food provided for Employees. - Cultural activities for employees - Bonus & gifts provided during Diwali Festival.

Salary - Good

+4 more

Dislikes

- Management is not satisfactory. - You have to learn each and everything at your own. - leg pulling system in employees.

Production Chemist in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Aug 2023

3.0

for Salary and Benefits

Likes

Good in all members of communication and behavior and all work si systematic and safety provision is good.

Job security - Good

+4 more

Dislikes

Fresher salary is more than 1&2 year experience person and only fresher hire local persons and after training not provide any vehicle on time

Instrumentation Technician in Barnala

Production, Manufacturing & Engineering Department

3.0

• posted on 29 Oct 2022

3.0

for Salary and Benefits

Likes

Canteen food facility is good

Dislikes

...re the technician's work is done by the engineer And the technician as a helper. Salary deduction is very high, they take around 7 to 8k deduction on salary.

Skill development - Poor

+3 more

Prd Chemist in Ludhiana

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is 3 months notice period after leaving the job but if you don't want to do the notice period then you will pay three months basic salary.

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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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Iol Chemicals & Pharmaceuticals Sourcing Manager Salary FAQs

How the salary growth look like for a Sourcing Manager at Iol Chemicals & Pharmaceuticals in India?

The salary growth for a Sourcing Manager at Iol Chemicals & Pharmaceuticals depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at Iol Chemicals & Pharmaceuticals:

Experience	Average Salary Range
15 years	₹13.7 Lakhs to ₹17.5 Lakhs per year

and so on.

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Iol Chemicals & Pharmaceuticals Sourcing Manager Salaries

Iol Chemicals & Pharmaceuticals Sourcing Manager salary in India ranges between ₹13.7 Lakhs to ₹17.5 Lakhs. This is an estimate based on latest salaries received from employees of Iol Chemicals & Pharmaceuticals.