ITC Bangalore / Bengaluru Procurement Associate Salaries by 40+ Employees (Updated 2024)

2 - 9 years exp.

₹3.8 Lakhs - ₹7.8 Lakhs

Salary of majority employees

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. (207 salaries)	₹2 L/yr - ₹6.7 L/yr 22% less
IBM Procurement Associate Salary 0 - 4 years exp. (70 salaries)	₹2 L/yr - ₹4.4 L/yr 41% 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

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Similar Designation salaries in ITC

Procurement Executive Salary

(40 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Procurement Officer Salary

(16 salaries)

₹4.8 L/yr - ₹6 L/yr

Senior Associate Salary

(5 salaries)

₹5 L/yr - ₹8.76 L/yr

Store Executive Salary

(3 salaries)

₹2.65 L/yr - ₹4.68 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.

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

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.

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.

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

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

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

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

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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ITC Procurement Associate Salary FAQs

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

Procurement Associate salary at ITC in Bangalore / Bengaluru ranges between ₹3.8 Lakhs to ₹7.8 Lakhs for experience between 2 years to 9 years. According to our estimates it is 40% more than the average Procurement Associate Salary in India. Salary estimates are based on 46 latest salaries received from various employees of ITC Bangalore / Bengaluru.

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

The average salary of a Procurement Associate at ITC is 40% more than the average salary of a Procurement Associate in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than ITC to a Procurement Associate in Bangalore / Bengaluru?

Bayer Procurement Associate Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year

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

Accenture Procurement Associate Salary - ₹2.0 Lakhs to ₹6.7 Lakhs per year
Wisdom Bridge Management Consultants Procurement Associate Salary - ₹2.8 Lakhs to ₹3.8 Lakhs per year
IBM Procurement Associate Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year
West Bengal Medical Council Procurement Associate Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year

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 ranges between ₹40,649 per month to ₹41,805 per month in Bangalore / Bengaluru. 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 in Bangalore / Bengaluru?

According to AmbitionBox, 46% of the ITC Procurement Associates in Bangalore / Bengaluru reported a notice period of 15 days or less, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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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.