Jindal Stainless Chennai Procurement Manager Salaries by 10 Employees

18 - 20 years exp.

₹13.6 Lakhs - ₹18.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average Procurement Manager Salary in Iron & Steel Companies for 18 - 20 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Jindal Stainless for Procurement Manager in Chennai

Jindal Stainless Procurement Manager Salary

18 - 20 years exp. (10 salaries)

₹13.6 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Daimler India Commercial Vehicles Procurement Manager Salary 4 - 13 years exp. (28 salaries)	₹5 L/yr - ₹12.9 L/yr 48% less
Larsen & Toubro Limited Procurement Manager Salary 9 - 19 years exp. (19 salaries)	₹12 L/yr - ₹24.6 L/yr 2% less
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L&T Construction Procurement Manager Salary 10 - 16 years exp. (16 salaries)	₹11 L/yr - ₹20.7 L/yr 6% less
Flex Procurement Manager Salary 13 - 23 years exp. (14 salaries)	₹16.1 L/yr - ₹27.7 L/yr 25% more
FLSmidth Procurement Manager Salary 15 - 19 years exp. (9 salaries)	₹12 L/yr - ₹15 L/yr 28% less

Procurement Manager salary at Jindal Stainless ranges between ₹13.6 Lakhs to ₹18.5 Lakhs per year for employees with experience between 18 years to 20 years. Salary estimates are based on 10 latest salaries received from various employees of Jindal Stainless.

Experience wise Jindal Stainless Procurement Manager salaries in Chennai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
15+ years (10 salaries)	₹13.6 L/yr - ₹32.5 L/yr
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Top skills at Jindal Stainless for Procurement Manager

Procurement Strategic Sourcing Vendor Management Budget Management Contract Management Logistics Raw Material Strategy Development Software Configuration Management Management Data Analytics Automation Compliance Supply Chain Vendor Management

Salary related reviews for Jindal Stainless

Logistics Engineer in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

4.0

• posted on 19 Jul 2024

5.0

for Salary and Benefits

Likes

The best aspects of JSL are their timely salary payments, annual salary increments, and continuous employee training and skill development opportunities.

Salary - Excellent

+4 more

Dislikes

In JSL, there is a lack of promotion opportunities, and the work pressure is consistently high.

Executive Materials in Hisar

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 31 Jul 2024

3.0

for Salary and Benefits

Likes

Salary on time, Around 10 % hike in annual salary.

Job security - Excellent

Dislikes

Promotion and aprisal on urs relationship with Boss consequently local employees get better growth than outsider staff. Incentive around 10% of urs annual gross salary against claim of 20% High level of poltics.

Promotions - Bad

+1 more

Sales Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 10 Nov 2024

1.0

for Salary and Benefits

Likes

Company provides Salary to new joiners as per recruitees requirement, even higher than their expectation but do not balance out the lower paid existing employees who are associated with the company for not less than 10 years so better to join at top salary and leave timely other wise you will losse your valued with the time .

Dislikes

Here No one is Leader , all are bosses. No one cares about work life balance specially in Sales dept. You have to work on Sundays as well. Mentally pressure is also dominating. Company do not value the employees if they stays in the company for prolong period of time.

Salary - Bad

+5 more

Quality Inspector in Jajpur

Full Time

Quality Assurance Department

4.0

• posted on 29 Dec 2024

3.0

for Salary and Benefits

Likes

Good career growth opportunities, job security, competitive compensation, a supportive work culture, good learning opportunities due to the company's large scale operations, and a sense of pride in being part of a major Indian stainless steel manufacturer; with some also mentioning the company's facilities and employee benefits like accommodation in certain locations.

Skill development - Excellent

+4 more

Dislikes

Poor work-life balance, long working hours, lack of promotion opportunities, inconsistent management, low salary compared to industry standards, and sometimes excessive pressure to meet production targets; with some mentioning concerns about the overall work culture and lack of flexibility in certain role

Junior Engineer in Hisar

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 14 Sep 2024

1.0

for Salary and Benefits

Likes

There are many things which are continuously loving to any employee. First of all most loving things in my work is Good behaviour of our senior position employee who supports us and company also cares about us

Skill development - Excellent

+4 more

Dislikes

Salay increments which compares to each employee to others. Same position same experience but different in salary is most dislike thing for me

Salary - Bad

+1 more

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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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Jindal Stainless Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Jindal Stainless in Chennai?

The average salary of a Procurement Manager at Jindal Stainless in Chennai typically ranges from ₹13.6 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 18 years to 20 years).

The top 10% of Procurement Manager in Chennai at Jindal Stainless earn more than ₹17.5 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Procurement Manager Salaries at Jindal Stainless 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 10 Jindal Stainless employees in India.

What is the estimated take home salary of a Procurement Manager at Jindal Stainless in Chennai?

The estimated take-home salary of a Procurement Manager at Jindal Stainless in Chennai typically ranges from ₹1,21,986 to ₹1,25,507 per month. This is based on the average salary range of ₹13.6 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 18 years to 20 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 10 salaries received from various employees of Jindal Stainless. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Manager at Jindal Stainless in Chennai?

To be a Procurement Manager at Jindal Stainless in Chennai, the key skills required include:

- Procurement
- Strategic Sourcing
- Vendor Management
- Budget Management
- Contract Management

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

Which companies offer higher salaries than Jindal Stainless for Procurement Manager in India?

Flex	₹16.1 Lakhs to ₹27.7 Lakhs per year

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

What is the salary of a Procurement Manager in companies similar to Jindal Stainless in Chennai?

The salary of a Procurement Manager at companies similar to Jindal Stainless in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited	₹12.0 Lakhs to ₹24.6 Lakhs per year
L&T Construction	₹11.0 Lakhs to ₹20.7 Lakhs per year
FLSmidth	₹12.0 Lakhs to ₹15.0 Lakhs per year
Daimler India Commercial Vehicles	₹5.0 Lakhs to ₹12.9 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 Manager at Jindal Stainless in Chennai?

The salary growth for a Procurement Manager at Jindal Stainless in Chennai depends on factors such as experience, performance, and promotions. On average, a Procurement Manager in Chennai can expect the following growth trajectory at Jindal Stainless:

Experience	Average Salary Range
15 years	₹13.6 Lakhs to ₹32.5 Lakhs per year

and so on.

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Jindal Stainless Procurement Manager Salaries in Chennai

Jindal Stainless Procurement Manager salary in Chennai ranges between ₹13.6 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Jindal Stainless latest salaries received from various employees of Jindal Stainless.