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Larsen & Toubro Limited Procurement Manager salaries in Vadodara

Annual salary range
11 - 16 years exp.
₹15 Lakhs - ₹27.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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18% more than the average Procurement Manager Salary in Engineering & Construction Companies for 11 - 16 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Manager Salary
12 - 16 years exp. (7 salaries)
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₹15 L/yr - ₹27.5 L/yr

Construction & Site Engineering
Procurement Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹22.9 L/yr

Last Updated: 7 May 2024

Companies similar to Larsen & Toubro Limited for Procurement Manager in Vadodara

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Larsen & Toubro Limited Procurement Manager Salary

11 - 16 years exp. (8 salaries)

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₹15 L/yr - ₹27.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Worley Procurement Manager Salary

13 - 15 years exp. (3 salaries)

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₹15.6 L/yr - ₹45.5 L/yr

arrow icon 56% more
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₹14.6 L/yr - ₹25 L/yr

arrow icon 6% more
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Siemens Procurement Manager Salary

8 - 20 years exp. (7 salaries)

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₹13.4 L/yr - ₹25.9 L/yr

arrow icon 12% less
3 job openings
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₹6 L/yr - ₹18.3 L/yr

arrow icon 31% less
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₹4.8 L/yr - ₹5.1 L/yr

arrow icon 75% less
Procurement Manager salary at Larsen & Toubro Limited ranges between ₹15 Lakhs to ₹27.5 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 8 latest salaries received from various employees of Larsen & Toubro Limited.

Latest annual salaries shared by Larsen & Toubro Limited Procurement Manager in Vadodara

11mo ago
₹27.5 Lakhs
16 years exp.
1y ago
₹24 Lakhs
14 years exp.
1y ago
₹17.7 Lakhs
13 years exp.
1y ago
₹18.5 Lakhs
15 years exp.

Experience wise Larsen & Toubro Limited Procurement Manager salaries in Vadodara

Last Updated: 7 May 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹16.3 L/yr - ₹20.8 L/yr
12 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.5 L/yr
13 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.2 L/yr
14 years (AmbitionBox Estimate)

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₹18 L/yr - ₹22.9 L/yr
15+ years (AmbitionBox Estimate)

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₹19.6 L/yr - ₹25.1 L/yr

Similar Designation salaries in Larsen & Toubro Limited

Asst Store Salary
(9 salaries)
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₹2.2 L/yr - ₹4.2 L/yr
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₹1.6 L/yr - ₹8.29 L/yr
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₹4 L/yr - ₹8.33 L/yr
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₹3.15 L/yr - ₹5.85 L/yr
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₹2.15 L/yr - ₹3.96 L/yr

Top skills at Larsen & Toubro Limited for Procurement Manager

Procurement Procurement management Vendor Development Purchase Contracts Supply Chain Management Execution Material Procurement Commercial Supply supplier Negotiation Estimation Expediting Sourcing

Salary related reviews for Larsen & Toubro Limited

3.1

Rated by 4 employees for salary & benefits

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.

read more
  • Company culture - Good

Dislikes

Worst salary policy

  • Salary - Bad
  • +4 more

Full Time

 · 

Construction & Site Engineering Department

4.0
  •  posted on 03 Dec 2022

4.0
 for  Salary and Benefits

Likes

L&T secures the future of its employees along with their work experience (training). She gives everything that a government employee might not get There is no such thing as loss

read more
  • Salary - Good
  • +5 more

Dislikes

...third party staff.Third party staff don't get convenience like permanent staff .only get salary 8 hours instead working 12hours.

read more

Construction & Site Engineering Department

5.0
  •  posted on 02 Jul 2021

5.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are cooperative and management is transparent. There is a huge cafeteria and gaming arcade for chilling out. Company policies are not good, valuations are not fair and they do not give good salary increase and bonus every year. They misbehave with the employees of North Indian.

read more
  • Salary - Excellent
  • +3 more

Dislikes

There is a lot of politics and the management does not address our issues. Salary is good but career growth is slow. But new employees are not trained.

read more
  • Promotions - Poor

Procurement & Supply Chain Department

5.0
  •  posted on 02 Jan 2019

4.0
 for  Salary and Benefits

Likes

...h hundreds to two hundreds engineers. And day by day talk about project related. Regarding salary we get every end of the month. Working environments are good approx 13 to 15 hrs daily. Accommodation facilities excellent overall very good. Alam

read more
  • Salary - Good
  • +6 more

Dislikes

Ok

Other Department

5.0
  •  posted on 31 Mar 2020

3.0
 for  Salary and Benefits

Likes

Salary and other benefits for the direct payrole staffs are good, skill development is also good

read more
  • Skill development - Excellent
  • +1 more

Dislikes

3rd party staffs salary and other facility are very poor, behaviour of the permanent staffs towards the 3rd part staffs is worst

read more
  • Company culture - Poor
see more salary related reviews

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Larsen & Toubro Limited Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Larsen & Toubro Limited in Vadodara?
The average salary of a Procurement Manager at Larsen & Toubro Limited in Vadodara typically ranges from ₹15.0 Lakhs to ₹27.5 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Procurement Manager in Vadodara at Larsen & Toubro Limited earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹27.5 Lakhs per year. Procurement Manager 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 8 Larsen & Toubro Limited employees in India.
What is the estimated take home salary of a Procurement Manager at Larsen & Toubro Limited in Vadodara?
The estimated take-home salary of a Procurement Manager at Larsen & Toubro Limited in Vadodara typically ranges from ₹1,29,835 to ₹1,34,401 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹27.5 Lakhs per year for employees with experience ranging from 11 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 8 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 Manager at Larsen & Toubro Limited in Vadodara?
To be a Procurement Manager at Larsen & Toubro Limited in Vadodara, the key skills required include:

  • - Procurement
  • - Procurement management
  • - Vendor Development
  • - Purchase
  • - Contracts

These skills are highly valued at Larsen & Toubro Limited and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Larsen & Toubro Limited for Procurement Manager in India?
Worley ₹15.6 Lakhs to ₹45.5 Lakhs per year
L&T Energy Hydrocarbon ₹14.6 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Larsen & Toubro Limited, depending on the role and experience level.
What is the salary of a Procurement Manager in companies similar to Larsen & Toubro Limited in Vadodara?
The salary of a Procurement Manager at companies similar to Larsen & Toubro Limited in Vadodara varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Siemens ₹13.4 Lakhs to ₹25.9 Lakhs per year
Reliance Industries ₹6.0 Lakhs to ₹18.3 Lakhs per year
Madhav Infra Projects ₹4.8 Lakhs to ₹5.1 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 Manager at Larsen & Toubro Limited in Vadodara?
The salary growth for a Procurement Manager at Larsen & Toubro Limited in Vadodara depends on factors such as experience, performance, and promotions. On average, a Procurement Manager in Vadodara can expect the following growth trajectory at Larsen & Toubro Limited:

Experience Average Salary Range
11 years ₹16.3 Lakhs to ₹20.8 Lakhs per year
12 years ₹16.8 Lakhs to ₹21.5 Lakhs per year
13 years ₹17.4 Lakhs to ₹22.2 Lakhs per year
14 years ₹18.0 Lakhs to ₹22.9 Lakhs per year
and so on.

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Larsen & Toubro Limited Procurement Manager salary in Vadodara ranges between ₹15 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Larsen & Toubro Limited latest salaries received from various employees of Larsen & Toubro Limited.