L&T–MHI Power Boilers Procurement Engineer Salaries by 8 Employees

3 - 12 years exp.

₹5.5 Lakhs - ₹8 Lakhs

Salary of majority employees

42% more than the average Procurement Engineer Salary in Industrial Machinery Companies for 3 - 12 years of experience

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Last Updated: 1 Feb 2024

Companies similar to L&T–MHI Power Boilers for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Bobst India Procurement Engineer Salary 1 - 10 years exp. (5 salaries)	₹2.2 L/yr - ₹8.6 L/yr 2% less
Claas Procurement Engineer Salary 3 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹3.2 L/yr 54% less
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Komatsu Procurement Engineer Salary 2 - 10 years exp. (4 salaries)	₹5 L/yr - ₹9.3 L/yr 4% less
Kruger Ventilation Industries Procurement Engineer Salary 5 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.9 L/yr 48% less
Bosch Power Tools Procurement Engineer Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹7.2 L/yr 23% less
Schenck Process India Procurement Engineer Salary 2 - 3 years exp. (3 salaries)	₹10 L/yr - ₹11.5 L/yr 66% more
Beumer Group Procurement Engineer Salary 1 - 3 years exp. (3 salaries)	₹5 L/yr - ₹6.2 L/yr 19% less
Hyundai Construction Equipment Procurement Engineer Salary 1 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.1 L/yr 39% less

Procurement Engineer salary at L&T–MHI Power Boilers ranges between ₹5.5 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of L&T–MHI Power Boilers.

Experience wise L&T–MHI Power Boilers Procurement Engineer salaries

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.4 L/yr
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5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.4 L/yr
6 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.6 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
11 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8 L/yr

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Similar Designation salaries in L&T–MHI Power Boilers

Project Engineer Salary

(8 salaries)

₹5.4 L/yr - ₹9.5 L/yr

Sourcing Engineer Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Senior Procurement Engineer Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Purchase Engineer Salary

(5 salaries)

₹5.5 L/yr - ₹8 L/yr

Executive Engineer Salary

(13 salaries)

₹4.8 L/yr - ₹8.8 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(47 salaries)

₹6 L/yr - ₹11 L/yr

Junior Engineer Salary

(42 salaries)

₹3.8 L/yr - ₹7.75 L/yr

Supply Chain Engineer Salary

(3 salaries)

₹4.6 L/yr - ₹6.3 L/yr

Salary related reviews for L&T–MHI Power Boilers

Assistant Manager in Faridabad

Full Time

Research & Development Department

3.0

• posted on 30 May 2022

3.0

for Salary and Benefits

Likes

It is part of L&T group. Job security is somewhat better than other companies.

Job security - Good

Dislikes

Salary is average. Appraisal is not fair. Work is not fairly distributed among teams. Some teams have very high load while for some no work. The department have more work are given less manpower and department where less work is there, people are sitting idle there.

Work-life balance - Poor

Senior Quality Engineer in Surat

Quality Assurance Department

1.0

• posted on 01 Nov 2020

1.0

for Salary and Benefits

Likes

Nothing, pressure to work from home. All extra benefits deducted from salary and work in mobile. Very bad culture. There is no future. Overall third class Management and rules

Dislikes

Not timely given promotion and other benefits. Not salary revision from last 10 years. Only show case they good company in country.

Salary - Bad

+5 more

Supervisor(qc Engineer) in Hazira

Welding Department

5.0

• posted on 26 May 2022

5.0

for Salary and Benefits

Likes

L&t mhi is very good company,sequirity very tight,work culture indian devorional,company safety first number in india

Salary - Excellent

+6 more

Dislikes

There is a lot of politics nd the management dosent address our issues,salary is good,nd career growth is high

Shop Supervisor

Production Department

1.0

• posted on 05 Oct 2019

1.0

for Salary and Benefits

Likes

Management have no reason for cost cutting, No Career, No bright future, You may lost your job without any reason.

Dislikes

permanent but you might be lost your job any time without any reason or in cost cutting, management is very strict

Salary - Bad

+6 more

Senior Engineer in Hazira

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 15 Aug 2024

1.0

for Salary and Benefits

Likes

Work life balance. Safety culture.

Dislikes

1. **Unpredictable HR Policy**: The HR policies are inconsistent and difficult to anticipate. 2. **Unfair Appraisal System**: The system used to evaluate employee performance is perceived as unfair. 3. **Anti-Employee Benefits Culture**: The HR culture appears to be discouraging towards employee benefits. 4. **Inconsistent Appraisal Rules within the Same Cadre**: Despite being in the same role and with similar experience, employees are subject to different appraisal rules. 5. **PLR Discrepancies**: Even with the same experience and rating, one employee may receive a significantly lower PLR (Performance Linked Reward) than another, with discrepancies ranging from ₹20,000 to ₹90,000. 6. **Different Allowances for Same Work: Employees within the same department, performing the same work, are receiving different allowances.

Salary - Bad

+4 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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L&T–MHI Power Boilers Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at L&T–MHI Power Boilers ?

The average salary of a Procurement Engineer at L&T–MHI Power Boilers in India typically ranges from ₹5.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Procurement Engineer at L&T–MHI Power Boilers earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Procurement Engineer Salaries at L&T–MHI Power Boilers 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 8 L&T–MHI Power Boilers employees in India.

What is the estimated take home salary of a Procurement Engineer at L&T–MHI Power Boilers in India?

The estimated take-home salary of a Procurement Engineer at L&T–MHI Power Boilers in India typically ranges from ₹50,684 to ₹51,880 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 8 salaries received from various employees of L&T–MHI Power Boilers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T–MHI Power Boilers for Procurement Engineer in India?

Schenck Process India

₹10.0 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L&T–MHI Power Boilers, depending on the role and experience level.

What is the salary of a Procurement Engineer in companies similar to L&T–MHI Power Boilers in India?

The salary of a Procurement Engineer at companies similar to L&T–MHI Power Boilers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bobst India	₹2.2 Lakhs to ₹8.6 Lakhs per year
Komatsu	₹5.0 Lakhs to ₹9.3 Lakhs per year
Beumer Group	₹5.0 Lakhs to ₹6.2 Lakhs per year
Bosch Power Tools	₹2.1 Lakhs to ₹7.2 Lakhs per year
Hyundai Construction Equipment	₹4.0 Lakhs to ₹4.1 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 Procurement Engineer at L&T–MHI Power Boilers in India?

The salary growth for a Procurement Engineer at L&T–MHI Power Boilers depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at L&T–MHI Power Boilers:

Experience	Average Salary Range
3 years	₹5.5 Lakhs to ₹11.0 Lakhs per year
4 years	₹5.7 Lakhs to ₹6.4 Lakhs per year
5 years	₹5.5 Lakhs to ₹11.4 Lakhs per year
6 years	₹6.0 Lakhs to ₹11.6 Lakhs per year

and so on.

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L&T–MHI Power Boilers Procurement Engineer Salaries

L&T–MHI Power Boilers Procurement Engineer salary in India ranges between ₹5.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.