KONE Material Management Engineer Salaries by 6 Employees

3 - 4 years exp.

₹3 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

41% more than the average Material Management Engineer Salary in Industrial Machinery Companies for 3 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Material Management Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Procurement & Supply Chain Material Management Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 5 Nov 2024

Companies similar to KONE for Material Management Engineer

Company name	Avg Annual Salary	Open Jobs
General Motors Material Management Engineer Salary 0 - 5 years exp. (6 salaries)	₹3.6 L/yr - ₹4.8 L/yr 24% less
L&T Technology Services Material Management Engineer Salary 4 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹6 L/yr 7% less
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Kavin Engineering And Services Material Management Engineer Salary 6 - 8 years exp. (3 salaries)	₹4.6 L/yr - ₹4.8 L/yr 8% less
MSPL Material Management Engineer Salary 1 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr 13% less
Plasser India Material Management Engineer Salary 1 - 3 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 26% less

Material Management Engineer salary at KONE ranges between ₹3 Lakhs to ₹6.8 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of KONE.

Experience wise KONE Material Management Engineer salaries

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
3 years (5 salaries)	₹3 L/yr - ₹6.8 L/yr
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4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11 L/yr

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Assistant Engineer Salary

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Graduate Engineer Salary

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Purchase Engineer Salary

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₹3.25 L/yr - ₹6.99 L/yr

Supply Chain Engineer Salary

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₹3.2 L/yr - ₹4 L/yr

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Salary related reviews for KONE

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Patna

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Jul 2023

3.0

for Salary and Benefits

Likes

There are lot of thing in the organisation which makes a man capable of handling management but proper training in person is required. That is missing.

Dislikes

There are no physical trainings provided. No clear portal for learning. Pressure is high due to quarterly bonus system.

Skill development - Bad

+1 more

Business Development Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

1.0

for Salary and Benefits

Likes

Not at all, this a hell of a company. Work culture in Kone kolkata branch is very very bad. No job stability l, Specially seniors asks for special favours especially from female employees like us for promotion and growth in career. This is not a safe place for any employee be it a women or men. Situations are similar In regional office and kolkata branch offices are headed by perverts. Specially in kolkata branch office we regularly hear words e.g."b*k* c*oda, b@r*, khan**, Ren** by branch head S. Mukher*** while calling his subordinates regularly. Branch head has very less patience level uses slags every now and then and also known for abusing his juniors. hR has no role to play in this instead they turn deaf ear to all such complaints l made by any employee. In order to get promoted here one needs to provide extra service to BH other than kick backs. BH is directly involved in vendor favouritism in exchange of cash, employee favouritism and lift license cash handling.

Dislikes

Everything except timely salary.

Salary - Bad

+6 more

Senior Specialist in Chennai

Full Time

Quality Assurance Department

4.0

• posted on 23 Dec 2023

4.0

for Salary and Benefits

Likes

...re working. Global functions have good scope and visibility in the organization. Got a salary and designation change after 1 year of joining. Good appraisals as KONE has achieved its targets (exceeded) for 2023.

Salary - Good

+6 more

Dislikes

Conservative environment, lack of knowledge with the current tools and applications. Operations area are quiet hectic to work.

Service Technician in Chennai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 08 Mar 2023

3.0

for Salary and Benefits

Likes

Safety wise good. Top management activities good.

Job security - Good

+1 more

Dislikes

... the target in time so Management need to improve different quality of target . Finally my personal opinion is salary is not sufficient and need to revise the salary for management and trainee.Thanks for the given opportunity

Promotions - Poor

Material Management Executive in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 04 Dec 2022

4.0

for Salary and Benefits

Likes

One of the best Manufacturing industry.. I work in Global research centre. Here you can come accross various teams and their activities.. Work wise it is one of the best place.

Salary - Good

+5 more

Dislikes

Salary for new commers are great but for the existing employees it is worst.. This will make you to think how company values its existing employees who have more experience and knowledge..

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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KONE Material Management Engineer Salary FAQs

What is the salary of Material Management Engineer at KONE ?

The average salary of a Material Management Engineer at KONE in India typically ranges from ₹3.0 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Material Management Engineer at KONE earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Material Management Engineer Salaries at KONE 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 6 KONE employees in India.

What is the estimated take home salary of a Material Management Engineer at KONE in India?

The estimated take-home salary of a Material Management Engineer at KONE in India typically ranges from ₹38,737 to ₹39,921 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 3 years to 4 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 6 salaries received from various employees of KONE. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Material Management Engineer in companies similar to KONE in India?

The salary of a Material Management Engineer at companies similar to KONE in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

L&T Technology Services	₹3.2 Lakhs to ₹6.0 Lakhs per year
Kavin Engineering And Services	₹4.6 Lakhs to ₹4.8 Lakhs per year
MSPL	₹3.5 Lakhs to ₹6.5 Lakhs per year
General Motors	₹3.6 Lakhs to ₹4.8 Lakhs per year
Plasser India	₹3.5 Lakhs to ₹4.5 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 Material Management Engineer at KONE in India?

The salary growth for a Material Management Engineer at KONE depends on factors such as experience, performance, and promotions. On average, a Material Management Engineer can expect the following growth trajectory at KONE:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹6.8 Lakhs per year
4 years	₹4.1 Lakhs to ₹11.0 Lakhs per year

and so on.

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KONE Material Management Engineer Salaries

KONE Material Management Engineer salary in India ranges between ₹3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 KONE latest salaries received from various employees of KONE.