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

Annual salary range
3 - 6 years exp.
₹5.5 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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8% 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

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L&T–MHI Power Boilers Procurement Engineer Salary

3 - 6 years exp. (5 salaries)

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₹5.5 L/yr - ₹6.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.8 L/yr - ₹6 L/yr

arrow icon 42% less
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₹2.6 L/yr - ₹11.8 L/yr

arrow icon 20% more
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₹1.2 L/yr - ₹5.1 L/yr

arrow icon 34% less
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REM Electromach Procurement Engineer Salary

7 - 9 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.1 L/yr

arrow icon 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.

Latest annual salaries shared by L&T–MHI Power Boilers Procurement Engineer in Surat

11mo ago
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4 years exp.
1y ago
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3 years exp.
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5 years exp.
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6 years exp.
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4 years exp.

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)

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₹5.5 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹11.1 L/yr

Similar Designation salaries in L&T–MHI Power Boilers

Senior Engineer Salary
(29 salaries)
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₹6.2 L/yr - ₹10 L/yr
Junior Engineer Salary
(24 salaries)
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₹3.84 L/yr - ₹7.5 L/yr
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₹6 L/yr - ₹7.04 L/yr
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₹7.5 L/yr - ₹8 L/yr
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₹4.6 L/yr - ₹6.3 L/yr

Salary related reviews for L&T–MHI Power Boilers

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.

read more
  • Work-life balance - Poor

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

read more

Dislikes

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

read more
  • Salary - Bad
    +5 more

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

read more

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.

read more

Dislikes

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

read more
  • Salary - Bad
    +6 more

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.

read more
  • Salary - Bad
    +4 more
see more salary related reviews

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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 Surat?
Procurement Engineer salary at L&T–MHI Power Boilers in Surat ranges between ₹5.5 Lakhs to ₹6.4 Lakhs for experience between 3 years to 6 years. According to our estimates it is 8% less than the average Procurement Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of L&T–MHI Power Boilers Surat.
How does the salary of a Procurement Engineer at L&T–MHI Power Boilers Surat compare with the average salary range for this job?
The average salary of a Procurement Engineer at L&T–MHI Power Boilers is 8% less than the average salary of a Procurement Engineer in Surat. To know exact salary insights, login to view.
Which similar companies are paying more than L&T–MHI Power Boilers to a Procurement Engineer in Surat?
  • Larsen & Toubro Limited Procurement Engineer Salary - ₹2.6 Lakhs to ₹11.8 Lakhs per year
What is the salary of a Procurement Engineer in companies similar to L&T–MHI Power Boilers in Surat?
  • L&T Energy Hydrocarbon Procurement Engineer Salary - ₹1.2 Lakhs to ₹5.1 Lakhs per year
  • REM Electromach Procurement Engineer Salary - ₹3.6 Lakhs to ₹4.1 Lakhs per year
  • ArcelorMittal Nippon Steel Procurement Engineer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
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 ranges between ₹48,314 per month to ₹49,456 per month in Surat. The take-home salary calculation is based on the average L&T–MHI Power Boilers Procurement Engineer salary in India which ranges between ₹5.5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Procurement Engineer at L&T–MHI Power Boilers in Surat?
According to AmbitionBox, 50% of the L&T–MHI Power Boilers Procurement Engineers in Surat reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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 ₹unlock blur. Salary estimates are based on 5 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.