Larsen & Toubro Limited Procurement Lead Salaries by 4 Employees

9 - 21 years exp.

₹8.5 Lakhs - ₹32 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

88% more than the average Procurement Lead Salary in Engineering & Construction Companies for 9 - 21 years of experience

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Last Updated: 2 Nov 2024

Companies similar to Larsen & Toubro Limited for Procurement Lead

Company name	Avg Annual Salary	Open Jobs
Alstom Transportation Procurement Lead Salary 9 - 14 years exp. (8 salaries)	₹10.5 L/yr - ₹30.5 L/yr 11% less
Swiggy Procurement Lead Salary 4 - 12 years exp. (73 salaries)	₹5 L/yr - ₹9 L/yr 63% less
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TCS Procurement Lead Salary 5 - 12 years exp. (24 salaries)	₹3 L/yr - ₹10.7 L/yr 61% less
Accenture Procurement Lead Salary 6 - 14 years exp. (17 salaries)	₹6.2 L/yr - ₹19 L/yr 37% less
DXC Technology Procurement Lead Salary 7 - 16 years exp. (15 salaries)	₹3.3 L/yr - ₹8.1 L/yr 72% less

Procurement Lead salary at Larsen & Toubro Limited ranges between ₹8.5 Lakhs to ₹32 Lakhs per year for employees with experience between 9 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Larsen & Toubro Limited.

Experience wise Larsen & Toubro Limited Procurement Lead salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹16 L/yr
10 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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11 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹30.9 L/yr
14 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
15+ years (AmbitionBox Estimate)	₹10 L/yr - ₹32 L/yr

View all

Similar Designation salaries in Larsen & Toubro Limited

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₹0.8 L/yr - ₹7 L/yr

Top skills at Larsen & Toubro Limited for Procurement Lead

Purchase Vendor Development Procurement Strategic Sourcing Vendor Management Vendor Negotiation Procurement Planning Strategic Purchasing

Salary related reviews for Larsen & Toubro Limited

Senior Engineer in Jajpur

Full Time

Construction & Site Engineering Department

2.0

• posted on 07 Jan 2025

4.0

for Salary and Benefits

Likes

Colleague & senior was friendly. Salary on time. There was no tension regarding accomodation & travelling as I was project engineer.

Salary - Good

+2 more

Dislikes

As a project engineer Long working hours (12-14hr). Frequent job rotation between night & day shift. A lot of area to be managed by one. Unprofessional work culture

Work satisfaction - Poor

+2 more

Senior Engineer in Lucknow

Full Time

Construction & Site Engineering Department

4.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

On time salary, personal development and free online courses. Family accomodation.

Salary - Good

+4 more

Dislikes

PLR not good for site team. Promotion also not good if you are working as a site engineer, since, promotion is depend on PLR points.

Senior Engineer in Guwahati

Full Time

Quality Assurance Department

5.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

Timely salary

Salary - Excellent

+4 more

Dislikes

No direct contact between management and project site execution member. All are systemised, in which no personal recognition of individual is there if immediate supervisor does'nt like you.

Senior Engineer in Valsad

Full Time

Construction & Site Engineering Department

3.0

• posted on 09 Oct 2024

3.0

for Salary and Benefits

Likes

A good thing is that our salary will get before ending of month. And also a good platform to work with L&T LTD as a permanent staff only.

Dislikes

Don't join there as a Third Party FTC else you will not get values of your experience education etc.

Job security - Poor

+2 more

Supply Chain Manager in Pune

Full Time

Procurement & Supply Chain Department

2.0

• posted on 01 Sep 2023

1.0

for Salary and Benefits

Likes

Worst salary and appraisal process. HR not responding after on boarding. Work life balance of ok but depends on team manager and department. Silly reasons by management for not giving appraisal. No mater how you work , no appreciation by management, only appreciation will be given by manager's favour person.

Company culture - Good

Dislikes

Worst salary policy

Salary - Bad

+4 more

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Seeking Referral

Hi everyone, I’m currently exploring new career opportunities and would greatly appreciate a referral at any of the following companies: Google Larsen & Toubro (L&T) Boston Consulting Group (BCG) GMR Group Clifford Chance If you’re an employee at any of these organizations or know someone who could help, I’d be grateful for your support. Please feel free to reach out, and I’d be happy to share my resume and details.

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Larsen & Toubro Limited Procurement Lead Salary FAQs

What is the salary of Procurement Lead at Larsen & Toubro Limited ?

The average salary of a Procurement Lead at Larsen & Toubro Limited in India typically ranges from ₹8.5 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 9 years to 21 years).

The top 10% of Procurement Lead at Larsen & Toubro Limited earn more than ₹32.0 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Procurement Lead Salaries at Larsen & Toubro Limited 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 Larsen & Toubro Limited employees in India.

What is the estimated take home salary of a Procurement Lead at Larsen & Toubro Limited in India?

The estimated take-home salary of a Procurement Lead at Larsen & Toubro Limited in India typically ranges from ₹1,33,328 to ₹1,38,220 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 9 years to 21 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 Larsen & Toubro Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Lead at Larsen & Toubro Limited ?

To be a Procurement Lead at Larsen & Toubro Limited in india, the key skills required include:

- Purchase Vendor Development
- Procurement
- Strategic Sourcing
- Vendor Management
- Vendor Negotiation

These skills are highly valued at Larsen & Toubro Limited and are crucial for successful performance in a Software Engineering role.

What is the salary of a Procurement Lead in companies similar to Larsen & Toubro Limited in India?

The salary of a Procurement Lead at companies similar to Larsen & Toubro Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Alstom Transportation	₹10.5 Lakhs to ₹30.5 Lakhs per year
Accenture	₹6.2 Lakhs to ₹19.0 Lakhs per year
TCS	₹3.0 Lakhs to ₹10.7 Lakhs per year
Swiggy	₹5.0 Lakhs to ₹9.0 Lakhs per year
DXC Technology	₹3.3 Lakhs to ₹8.1 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 Lead at Larsen & Toubro Limited in India?

The salary growth for a Procurement Lead at Larsen & Toubro Limited depends on factors such as experience, performance, and promotions. On average, a Procurement Lead can expect the following growth trajectory at Larsen & Toubro Limited:

Experience	Average Salary Range
9 years	₹4.4 Lakhs to ₹16.0 Lakhs per year
10 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
11 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
12 years	₹14.0 Lakhs to ₹17.9 Lakhs per year

and so on.

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Larsen & Toubro Limited Procurement Lead salary in India ranges between ₹8.5 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.