L&T–MHI Power Boilers Surat Procurement Engineer Salaries by 5 Employees

3 - 6 years exp.

₹5.5 Lakhs - ₹6.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% less than the average Procurement Engineer Salary in Industrial Machinery Companies for 3 - 6 years of experience

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Last Updated: 1 Feb 2024

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

L&T–MHI Power Boilers Procurement Engineer Salary

3 - 6 years exp. (5 salaries)

₹5.5 L/yr - ₹6.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ArcelorMittal Nippon Steel Procurement Engineer Salary 0 - 7 years exp. (11 salaries)	₹1.8 L/yr - ₹6 L/yr 44% less
Larsen & Toubro Limited Procurement Engineer Salary 2 - 9 years exp. (8 salaries)	₹2.6 L/yr - ₹11.8 L/yr 16% more
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L&T Energy Hydrocarbon Procurement Engineer Salary 1 - 10 years exp. (6 salaries)	₹1.2 L/yr - ₹5.1 L/yr 34% less
REM Electromach Procurement Engineer Salary 7 - 9 years exp. (3 salaries)	₹3.6 L/yr - ₹4.1 L/yr 38% less

Procurement Engineer salary at L&T–MHI Power Boilers ranges between ₹5.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of L&T–MHI Power Boilers.

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

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr

Similar Designation salaries in L&T–MHI Power Boilers

Senior Engineer Salary

(29 salaries)

₹6.2 L/yr - ₹10.6 L/yr

Junior Engineer Salary

(24 salaries)

₹3.84 L/yr - ₹7.5 L/yr

Executive Engineer Salary

(3 salaries)

₹6 L/yr - ₹7.04 L/yr

Purchase Engineer Salary

(3 salaries)

₹7.5 L/yr - ₹8 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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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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 in Surat?

The average salary of a Procurement Engineer at L&T–MHI Power Boilers in Surat typically ranges from ₹5.5 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Procurement Engineer in Surat at L&T–MHI Power Boilers earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 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 5 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 Surat?

The estimated take-home salary of a Procurement Engineer at L&T–MHI Power Boilers in Surat typically ranges from ₹48,314 to ₹49,456 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 3 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 5 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?

Larsen & Toubro Limited

₹2.6 Lakhs to ₹11.8 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 Surat?

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

L&T Energy Hydrocarbon	₹1.2 Lakhs to ₹5.1 Lakhs per year
REM Electromach	₹3.6 Lakhs to ₹4.1 Lakhs per year
ArcelorMittal Nippon Steel	₹1.8 Lakhs to ₹6.0 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 Surat?

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

Experience	Average Salary Range
3 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.4 Lakhs to ₹7.0 Lakhs per year
6 years	₹5.5 Lakhs to ₹7.1 Lakhs per year

and so on.

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L&T–MHI Power Boilers Procurement Engineer Salaries in Surat

L&T–MHI Power Boilers Procurement Engineer salary in Surat ranges between ₹5.5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.