KONE Sourcing Manager Salaries by 4 Employees

14 - 16 years exp.

₹15.4 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Sourcing Manager Salary in Industrial Machinery Companies for 14 - 16 years of experience

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Last Updated: 8 Feb 2024

Companies similar to KONE for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Atlas Copco Sourcing Manager Salary 13 - 20 years exp. (20 salaries)	₹16.1 L/yr - ₹40 L/yr 44% more
ABB Sourcing Manager Salary 10 - 16 years exp. (5 salaries)	₹10.9 L/yr - ₹24.8 L/yr 4% more
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Stanley Black & Decker Sourcing Manager Salary 10 - 14 years exp. (4 salaries)	₹17.5 L/yr - ₹25 L/yr 29% more
GE Transportation Sourcing Manager Salary 9 - 12 years exp. (3 salaries)	₹14.3 L/yr - ₹38 L/yr 31% more	1 job opening
Reliance Retail Sourcing Manager Salary 3 - 19 years exp. (93 salaries)	₹4.9 L/yr - ₹20.1 L/yr 37% less

Sourcing Manager salary at KONE ranges between ₹15.4 Lakhs to ₹21 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of KONE.

Experience wise KONE Sourcing Manager salaries

Last Updated: 8 Feb 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹15.4 L/yr
Login to view exact salary
15+ years (3 salaries)	₹17.8 L/yr - ₹21 L/yr

Similar Designation salaries in KONE

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(AmbitionBox Estimate)

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Store Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Operations Manager Salary

(10 salaries)

₹11.6 L/yr - ₹26 L/yr

Deputy Manager Salary

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₹8.25 L/yr - ₹26 L/yr

Senior Engineer Salary

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₹4.95 L/yr - ₹14.9 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Purchase Engineer Salary

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₹3.25 L/yr - ₹6.99 L/yr

Deputy General Manager Salary

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₹24 L/yr - ₹44 L/yr

Procurement Engineer Salary

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₹3.6 L/yr - ₹5.5 L/yr

Buyer Salary

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₹4.2 L/yr - ₹7 L/yr

Salary related reviews for KONE

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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KONE Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at KONE ?

The average salary of a Sourcing Manager at KONE in India typically ranges from ₹15.4 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 14 years to 16 years).

The top 10% of Sourcing Manager at KONE earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Sourcing Manager 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 4 KONE employees in India.

What is the estimated take home salary of a Sourcing Manager at KONE in India?

The estimated take-home salary of a Sourcing Manager at KONE in India typically ranges from ₹1,20,428 to ₹1,23,809 per month. This is based on the average salary range of ₹15.4 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 14 years to 16 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 KONE. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than KONE for Sourcing Manager in India?

Atlas Copco	₹16.1 Lakhs to ₹40.0 Lakhs per year
GE Transportation	₹14.3 Lakhs to ₹38.0 Lakhs per year
Stanley Black & Decker	₹17.5 Lakhs to ₹25.0 Lakhs per year
ABB	₹10.9 Lakhs to ₹24.8 Lakhs per year

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

What is the salary of a Sourcing Manager in companies similar to KONE in India?

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

Reliance Retail

₹4.9 Lakhs to ₹20.1 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 Sourcing Manager at KONE in India?

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

Experience	Average Salary Range
14 years	₹15.4 Lakhs to ₹15.4 Lakhs per year
15 years	₹17.8 Lakhs to ₹21.0 Lakhs per year

and so on.

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KONE Sourcing Manager Salaries

KONE Sourcing Manager salary in India ranges between ₹15.4 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 KONE latest salaries received from various employees of KONE.