JPMorgan Chase & Co. Procurement Specialist Salaries by 4 Employees

2 - 6 years exp.

₹3.2 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Procurement Specialist Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Procurement Specialist Salary 2 - 4 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr
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Customer Success, Service & Operations Procurement Specialist Salary 6 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 16 Mar 2023

Companies similar to JPMorgan Chase & Co. for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Procurement Specialist Salary 7 - 8 years exp. (4 salaries)	₹8 L/yr - ₹8.8 L/yr 89% more
Northern Trust Operating Services Procurement Specialist Salary 7 - 10 years exp. (4 salaries)	₹10 L/yr - ₹11.1 L/yr 134% more
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UBS Procurement Specialist Salary 6 - 11 years exp. (4 salaries)	₹9 L/yr - ₹10 L/yr 112% more
Wells Fargo Procurement Specialist Salary 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.7 L/yr At par
Flex Procurement Specialist Salary 3 - 10 years exp. (513 salaries)	₹3.4 L/yr - ₹8.2 L/yr 52% more

Procurement Specialist salary at JPMorgan Chase & Co. ranges between ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of JPMorgan Chase & Co..

Experience wise JPMorgan Chase & Co. Procurement Specialist salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹9.7 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.8 L/yr
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4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.7 L/yr

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Salary related reviews for JPMorgan Chase & Co.

4.0

Rated by 1 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 01 Mar 2025

5.0

for Salary and Benefits

Likes

...balanced, at times one may need to stretch, but organization never encourage it. Salary at par, and great perks given too.

Salary - Excellent

+6 more

Dislikes

No wfh option available with the recent changes announced by the top management. However flexibility will be given based on personal requirements, fingers crossed.

Team Lead in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Jan 2024

2.0

for Salary and Benefits

Likes

The building, internal employee facilities is good and if you complete a year, you can earn a bonus apart from this nothing is great.

Dislikes

...ive you mental stress so that you leave the company by very next year. They try to do all cost cutting by not giving you even the bonus. Don’t join companies like this. Where they create toxic environment. Do not get into a work culture where there is Keralites dominance. No matter how much you work hard they will save only their group of people and put you in trouble.

Salary - Poor

+5 more

Team Lead in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 Jun 2023

2.0

for Salary and Benefits

Likes

1. Work life balance, 2. work culture 3. Job security

Job security - Good

+2 more

Dislikes

... long, some have sick family or in laws which impacts their work life balance 2. Salary growth is slow once you in JP

Salary - Poor

Team Lead in Mumbai

Full Time

Data Science & Analytics Department

1.0

• posted on 15 May 2023

3.0

for Salary and Benefits

Likes

Decent compensation, chill work culture

Dislikes

Use of old technologies, No access to external learning platforms, Forcing employees to work from office, Tracking in-office attendance, Lot of Red-tapism, Tons of restrictions which ultimately hamper innovation and personal growth

Skill development - Bad

+1 more

Team Lead in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Dec 2022

2.0

for Salary and Benefits

Likes

JP Morgan have a best work culture. All seniors are approachable and they treat everyone with respect irrespective of your designation. Too many learning opportunities.

Skill development - Good

+3 more

Dislikes

... which impacts company’s culture and demotivates other employees in the team. Pay scale is low as compared to other competitors. Year end hike do not even beat the inflation rate.

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about JPMorgan Chase & Co.

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wolflone

works at

JPMorgan Chase & Co.

Advise Needed - Staying vs leaving

I have an offer from Morgan Stanley since I wasn’t happy with my career trajectory in my current organisation - JPMC. After tendering my resignation, the management reached out to me trying to convince why leave JPM you’ve spent a lot of time here. Take a move internally etc. Now I’m selected and they are matching the offer I had from MS. What should be the best course of action for me? JPM is offering me a product role but under the same manager - I don’t wish to be under him. MS offers me a role in product operation and the team is expected to grow. What do I choose?

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JPMorgan Chase & Co. Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at JPMorgan Chase & Co. ?

The average salary of a Procurement Specialist at JPMorgan Chase & Co. in India typically ranges from ₹3.2 Lakhs to ₹5.8 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Procurement Specialist at JPMorgan Chase & Co. earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹5.8 Lakhs per year. Procurement Specialist Salaries at JPMorgan Chase & Co. 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 4 JPMorgan Chase & Co. employees in India.

What is the estimated take home salary of a Procurement Specialist at JPMorgan Chase & Co. in India?

The estimated take-home salary of a Procurement Specialist at JPMorgan Chase & Co. in India typically ranges from ₹33,882 to ₹35,138 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience ranging from 2 years to 6 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 4 salaries received from various employees of JPMorgan Chase & Co.. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than JPMorgan Chase & Co. for Procurement Specialist in India?

Northern Trust Operating Services	₹10.0 Lakhs to ₹11.1 Lakhs per year
UBS	₹9.0 Lakhs to ₹10.0 Lakhs per year
TIAA Global Business Services	₹8.0 Lakhs to ₹8.8 Lakhs per year
Flex	₹3.4 Lakhs to ₹8.2 Lakhs per year
Wells Fargo	₹4.5 Lakhs to ₹4.7 Lakhs per year

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

How the salary growth look like for a Procurement Specialist at JPMorgan Chase & Co. in India?

The salary growth for a Procurement Specialist at JPMorgan Chase & Co. depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at JPMorgan Chase & Co.:

Experience	Average Salary Range
2 years	₹4.2 Lakhs to ₹9.7 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.8 Lakhs per year
4 years	₹1.8 Lakhs to ₹5.1 Lakhs per year
5 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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JPMorgan Chase & Co. Procurement Specialist Salaries

JPMorgan Chase & Co. Procurement Specialist salary in India ranges between ₹3.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JPMorgan Chase & Co. latest salaries received from various employees of JPMorgan Chase & Co..