ITC Bangalore / Bengaluru Procurement Associate Salaries by 40+ Employees

2 - 9 years exp.

₹3.8 Lakhs - ₹7.8 Lakhs

Salary of majority employees

Fixed (100%)

₹5.4 Lakhs

Variable (0%)

₹0.0

40% 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 in Bangalore / Bengaluru

ITC Procurement Associate Salary

2 - 9 years exp. (46 salaries)

₹3.8 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Procurement Associate Salary 0 - 7 years exp. (212 salaries)	₹2.1 L/yr - ₹6.8 L/yr 23% less
IBM Procurement Associate Salary 0 - 4 years exp. (71 salaries)	₹2 L/yr - ₹4.4 L/yr 42% less
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West Bengal Medical Council Procurement Associate Salary 1 - 3 years exp. (61 salaries)	₹2.4 L/yr - ₹4.2 L/yr 46% less
Wisdom Bridge Management Consultants Procurement Associate Salary 1 - 4 years exp. (53 salaries)	₹2.8 L/yr - ₹3.8 L/yr 38% less
Bayer Procurement Associate Salary 2 - 7 years exp. (31 salaries)	₹5 L/yr - ₹7 L/yr 4% more

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 46 latest salaries received from various employees of ITC.

Experience wise ITC Procurement Associate salaries in Bangalore / Bengaluru

Last Updated: 10 Oct 2024

Experience	Avg Annual Salary
2 years (4 salaries)	₹3.9 L/yr - ₹5 L/yr
3 years (7 salaries)	₹3.8 L/yr - ₹5.5 L/yr
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4 years (7 salaries)	₹4.2 L/yr - ₹5.1 L/yr
5 years (13 salaries)	₹4.2 L/yr - ₹6.5 L/yr
6 years (4 salaries)	₹5 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹6.7 L/yr
8 years (5 salaries)	₹5.9 L/yr - ₹7.3 L/yr
9 years (4 salaries)	₹6 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in ITC

Procurement Executive Salary

(41 salaries)

₹2.6 L/yr - ₹11.23 L/yr

Procurement Officer Salary

(20 salaries)

₹4.1 L/yr - ₹8 L/yr

Senior Associate Salary

(5 salaries)

₹5 L/yr - ₹7 L/yr

Store Executive Salary

(3 salaries)

₹2.65 L/yr - ₹3.73 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 8 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

Purchase Officer in New Delhi

Procurement & Supply Chain Department

5.0

• posted on 24 Nov 2017

5.0

for Salary and Benefits

Likes

...eck myself with an interview (with The Claridges New Delhi Hotel) after 3.5 yrs. "surprisingly" I got 65% up in current salary and position of Purchase Supervisor.

Salary - Excellent

+6 more

Dislikes

NO single word.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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ITC Procurement Associate Salary FAQs

What is the salary of Procurement Associate at ITC in Bangalore / Bengaluru?

The average salary of a Procurement Associate at ITC in Bangalore / Bengaluru typically ranges from ₹3.8 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Procurement Associate in Bangalore / Bengaluru at ITC earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Procurement Associate Salaries at ITC 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 40+ ITC employees in India.

What is the estimated take home salary of a Procurement Associate at ITC in Bangalore / Bengaluru?

The estimated take-home salary of a Procurement Associate at ITC in Bangalore / Bengaluru typically ranges from ₹40,649 to ₹41,805 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 2 years to 9 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 40+ salaries received from various employees of ITC. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Associate at ITC in Bangalore / Bengaluru?

To be a Procurement Associate at ITC in Bangalore / Bengaluru, the key skills required include:

- Purchase Order
- Procurement
- Raw Material
- Vendor Development
- P2P

These skills are highly valued at ITC and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ITC for Procurement Associate in India?

Bayer

₹5.0 Lakhs to ₹7.0 Lakhs per year

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

What is the salary of a Procurement Associate in companies similar to ITC in Bangalore / Bengaluru?

The salary of a Procurement Associate at companies similar to ITC in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Accenture	₹2.1 Lakhs to ₹6.8 Lakhs per year
Wisdom Bridge Management Consultants	₹2.8 Lakhs to ₹3.8 Lakhs per year
IBM	₹2.0 Lakhs to ₹4.4 Lakhs per year
West Bengal Medical Council	₹2.4 Lakhs to ₹4.2 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 Procurement Associate at ITC in Bangalore / Bengaluru?

The salary growth for a Procurement Associate at ITC in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Procurement Associate in Bangalore / Bengaluru can expect the following growth trajectory at ITC:

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹3.8 Lakhs to ₹5.5 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.1 Lakhs per year
5 years	₹4.2 Lakhs to ₹6.5 Lakhs per year

and so on.

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ITC Procurement Associate Salaries in Bangalore / Bengaluru

ITC Procurement Associate salary in Bangalore / Bengaluru ranges between ₹3.8 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 ITC latest salaries received from various employees of ITC.