ITC Procurement Associate Salaries by 50+ Employees

2 - 9 years exp.

₹3.8 Lakhs - ₹7.8 Lakhs

Salary of majority employees

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37% more than the average Procurement Associate Salary in FMCG Companies for 2 - 9 years of experience

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Last Updated: 10 Oct 2024

Companies similar to ITC for Procurement Associate

Company name	Avg Annual Salary	Open Jobs
Nestle Procurement Associate Salary 3 - 6 years exp. (4 salaries)	Unlock ₹4.4 L/yr - ₹10 L/yr 27% more
Procter & Gamble Procurement Associate Salary 5 - 7 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹4.5 L/yr 26% less
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Accenture Procurement Associate Salary 0 - 6 years exp. (480 salaries)	Unlock ₹1.2 L/yr - ₹7 L/yr 22% less
CARS24 Procurement Associate Salary 0 - 6 years exp. (246 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr 43% less
West Bengal Medical Council Procurement Associate Salary 1 - 2 years exp. (98 salaries)	Unlock ₹2.3 L/yr - ₹4.2 L/yr 45% less

Procurement Associate salary at ITC ranges between ₹3.8 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 50 latest salaries received from various employees of ITC.

Latest annual salaries shared by ITC Procurement Associate

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4 years exp.

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5 years exp.

10mo ago

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6 years exp.

1y ago

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9 years exp.

1y ago

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6 years exp.

1y ago

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3 years exp.

1y ago

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9 years exp.

1y ago

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7 years exp.

1y ago

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9 years exp.

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9 years exp.

Experience wise ITC Procurement Associate salaries

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
2 years (5 salaries)	Unlock ₹3.9 L/yr - ₹5 L/yr
3 years (8 salaries)	Unlock ₹3.8 L/yr - ₹5.5 L/yr
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4 years (7 salaries)	Unlock ₹4.2 L/yr - ₹5.1 L/yr
5 years (13 salaries)	Unlock ₹4.2 L/yr - ₹6.5 L/yr
6 years (4 salaries)	Unlock ₹5 L/yr - ₹6.9 L/yr
7 years (3 salaries)	Unlock ₹4.3 L/yr - ₹6.7 L/yr
8 years (6 salaries)	Unlock ₹5.3 L/yr - ₹7.3 L/yr
9 years (4 salaries)	Unlock ₹6 L/yr - ₹7.8 L/yr

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Similar Designation salaries in ITC

Procurement Analyst Salary

(AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Procurement Specialist Salary

(3 salaries)

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₹2.4 L/yr - ₹5 L/yr

Procurement Executive Salary

(42 salaries)

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₹3.5 L/yr - ₹10 L/yr

Procurement Officer Salary

(21 salaries)

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₹4.1 L/yr - ₹8 L/yr

Senior Associate Salary

(34 salaries)

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₹3.5 L/yr - ₹9.52 L/yr

Purchase Assistant Salary

(9 salaries)

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₹2.6 L/yr - ₹3.5 L/yr

Store Incharge Salary

(39 salaries)

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₹1 L/yr - ₹4 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr

Store Executive Salary

(17 salaries)

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₹2.15 L/yr - ₹6 L/yr

Top skills at ITC for Procurement Associate

Purchase Order Procurement Raw Material Vendor Development P2P Invoice Processing Vendor Negotiation Order Processing Packing Material Payment Followup Order Fulfillment SAP Purchase Requisition Purchase Order Management

Salary related reviews for ITC

2.3

Rated by 10 employees for salary & benefits

Procurement Associate in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

1.0

• posted on 12 Nov 2021

2.0

for Salary and Benefits

Likes

Only thing that is good about ITC is Job security. You'll get salary on time, some times even in advance.

Job security - Good

Dislikes

3 month notice period without buyout or negotiation is the worst part of it. 1 year probation without leaves. Salary hikes are in pennies. New salary after hike comes into effective in the month of October or November and without arrears. If your joining position is above assistant manager. Its ok, you may enjoy the job

Salary - Poor

+5 more

Senior Officer in Guntur

Procurement & Supply Chain Department

3.0

• posted on 17 Jan 2022

2.0

for Salary and Benefits

Likes

Medical benefits are good. Job security is good. poor compensation and other benefits, career growth is very poor. Responsibilities are more. We cannot manage work and personal life. They expect to do work even holidays also. No extra payment. Average 10+ working hours.

Job security - Good

Dislikes

Salary - Poor
Promotions - Poor

+1 more

Purchase Assistant in Hyderabad / Secunderabad

Procurement & Supply Chain Department

4.0

• posted on 03 Jul 2021

4.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

Nothing is there to dislike ITC limited

Procurement Executive in Bangalore / Bengaluru

Procurement & Supply Chain Department

2.0

• posted on 26 Jul 2021

1.0

for Salary and Benefits

Likes

Not a great company to joins at lower management levels. They will not give anything and will expect a lot from you. At middle management nice place to be

Job security - Excellent

Dislikes

Growth path and annual revision is very low. Too much gap in compensation for lower and high management. It's as if you are paying your manager from your income

Salary - Bad

+4 more

Buyer in Hyderabad / Secunderabad

Retail (ABD) Department

5.0

• posted on 20 Jan 2019

3.0

for Salary and Benefits

Likes

ITC itself a brand and proved to be an employee in Company top class culture and employee benefits and HR policy’s are superb Top management and work environment was Outstanding Thanks to ITC

Skill development - Excellent

+4 more

Dislikes

Compensation wise ok/ decent. Growth rate is little slow.. The work pressure is little high and same time Ihave to work late nights. But Overall good experience with ITC. Immediate reporting manager do not value an individuals. But Top management and HR policy’s are superb. Some times we use to get appreciation from Top management.

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Salary Discussions, Hike & Promotions

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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ITC Procurement Associate Salary FAQs

What is the salary of Procurement Associate at ITC?

Procurement Associate salary at ITC in India ranges between ₹3.8 Lakhs to ₹7.8 Lakhs for experience between 2 years to 9 years. According to our estimates it is 37% more than the average Procurement Associate Salary in India. Salary estimates are based on 50 latest salaries received from various employees of ITC India.

How does the salary of a Procurement Associate at ITC India compare with the average salary range for this job?

The average salary of a Procurement Associate at ITC is 37% more than the average salary of a Procurement Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Procurement Associate at ITC?

Purchase Order, Procurement, Raw Material, Vendor Development and P2P are some of the popular skills required to work as a Procurement Associate at ITC India.

Which similar companies are paying more than ITC to a Procurement Associate in India?

Nestle Procurement Associate Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Procurement Associate in companies similar to ITC in India?

Accenture Procurement Associate Salary - ₹1.2 Lakhs to ₹7.0 Lakhs per year
Procter & Gamble Procurement Associate Salary - ₹3.3 Lakhs to ₹4.5 Lakhs per year
CARS24 Procurement Associate Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
West Bengal Medical Council Procurement Associate Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year

What is the estimated take home salary of a Procurement Associate at ITC in India?

The estimated take-home salary of a Procurement Associate at ITC ranges between ₹40,430 per month to ₹41,589 per month in India. The take-home salary calculation is based on the average ITC Procurement Associate salary in India which ranges between ₹3.8 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Procurement Associate at ITC?

According to AmbitionBox, 43% of the ITC Procurement Associates reported a notice period of 15 days or less, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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ITC Procurement Associate Salaries

ITC Procurement Associate salary in India ranges between ₹3.8 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 ITC latest salaries received from various employees of ITC.