L.G.Balakrishnan & Bros Purchase Assistant Salaries by 5 Employees

1 - 6 years exp.

₹1.8 Lakh - ₹2.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Purchase Assistant Salary in Auto Components Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Purchase Assistant Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr
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Procurement & Supply Chain Purchase Assistant Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 11 Nov 2024

Companies similar to L.G.Balakrishnan & Bros for Purchase Assistant

Company name	Avg Annual Salary	Open Jobs
UNO Minda Purchase Assistant Salary 1 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.6 L/yr 23% more
TVS Sundram Fasteners Purchase Assistant Salary 0 - 11 years exp. (7 salaries)	₹1.5 L/yr - ₹2.7 L/yr 1% more
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Delphi TVS Purchase Assistant Salary 1 - 2 years exp. (6 salaries)	₹1.9 L/yr - ₹2 L/yr 7% less
Endurance Technologies Purchase Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 13% less
Mando Automotive Purchase Assistant Salary 1 - 2 years exp. (4 salaries)	₹1.9 L/yr - ₹4.2 L/yr 41% more
JBM Group Purchase Assistant Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹2.5 L/yr 12% more
CIE Automotive Purchase Assistant Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹2.3 L/yr 8% less
Belrise Industries Purchase Assistant Salary 1 - 9 years exp. (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr 25% more
Spark Minda Purchase Assistant Salary 1 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 26% more
Pricol Purchase Assistant Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 1% more
Sona Comstar Purchase Assistant Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹2.7 L/yr 15% more
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Faurecia Purchase Assistant Salary 0 - 2 years exp. (3 salaries)	₹1.7 L/yr - ₹3.5 L/yr 32% more

Purchase Assistant salary at L.G.Balakrishnan & Bros ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of L.G.Balakrishnan & Bros.

Experience wise L.G.Balakrishnan & Bros Purchase Assistant salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.3 L/yr

View all

Similar Designation salaries in L.G.Balakrishnan & Bros

Purchase Engineer Salary

(19 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Purchase Executive Salary

(5 salaries)

₹1.6 L/yr - ₹4.2 L/yr

Purchase Officer Salary

(15 salaries)

₹1.4 L/yr - ₹7.8 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

SAP MM Consultant Salary

(4 salaries)

₹1 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Store Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Purchase Officer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Procurement Engineer Salary

(8 salaries)

₹2 L/yr - ₹4 L/yr

Salary related reviews for L.G.Balakrishnan & Bros

4.0

Rated by 1 employees for salary & benefits

Senior Engineer in Karur

Production, Manufacturing & Engineering Department

4.0

• posted on 07 Feb 2018

4.0

for Salary and Benefits

Likes

The company is helpful for self development, high quality products. We work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. I have to work 12 - 14 hours straight in a day.

Quality Inspection Trainee in Coimbatore

Full Time

Finance & Accounting Department

2.0

• posted on 11 Aug 2022

2.0

for Salary and Benefits

Likes

You can do your personal work by changing your shifts if the department head allows you. Remaining all the things could not be write in this like section. If I write those things over here, that will against to my conscience.

Dislikes

...as an yearly increment. As a staff you will get increment upto ₹1000 - 2500. Then, they hold some percentage of money from your salary every month and gives you back as Diwali bonus. You need to pay money to food, biscuits& safety shoes. If you come to the company by car, strictly you need to park your vehicle out of the compound. They don't even gives you cleaning essentials (soap) to wash your hands even though you are working in oil.

Salary - Poor

+5 more

Quality Engineer in Bangalore / Bengaluru

Full Time

Quality Assurance Department

2.0

• posted on 29 Jun 2022

1.0

for Salary and Benefits

Likes

As a quality engineer, I'll get more time free than production department

Dislikes

Worst canteen foods . Management nepotism. No good salary hike. Frustrated environment. Security guard also behave like the partners of the company. No respect given for engineers. You can't learn anything from your HODs because they don't have knowledge about their own respective field. Not able to work if you are a enginner and seeking the best salary , because they don't consider you are a professional degree holder rather than they will treat you like casual labour. Finally this company is not fitted for the professional engineers and you can't learn anything from that company. No free transport provided.

Salary - Bad

+6 more

Senior Quality Management System Engineer in Rudrapur Pantnagar

Full Time

Other Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

As per all above rated parameters, LGB is very good company. Company culture, work satisfaction, skills development, job security promotion, work life balance and salary benefits are the best here.

Salary - Excellent

+6 more

Dislikes

Nothing

Tool Room Engineer in Chennai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Sep 2021

1.0

for Salary and Benefits

Likes

LGB have many branches at various places but all have very poor management system. But have many OEM parts orders. It's useful for improve our knowledge

Job security - Good

Dislikes

Not only trainee including on roll staff's salary was very poor. (ex. 5yrs experience onroll staff take-home salary 15k only)

Salary - Bad

+5 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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L.G.Balakrishnan & Bros Purchase Assistant Salary FAQs

What is the salary of Purchase Assistant at L.G.Balakrishnan & Bros ?

The average salary of a Purchase Assistant at L.G.Balakrishnan & Bros in India typically ranges from ₹1.8 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Purchase Assistant at L.G.Balakrishnan & Bros earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Purchase Assistant Salaries at L.G.Balakrishnan & Bros 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.G.Balakrishnan & Bros employees in India.

What is the estimated take home salary of a Purchase Assistant at L.G.Balakrishnan & Bros in India?

The estimated take-home salary of a Purchase Assistant at L.G.Balakrishnan & Bros in India typically ranges from ₹13,994 to ₹15,475 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 1 year 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.G.Balakrishnan & Bros. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L.G.Balakrishnan & Bros for Purchase Assistant in India?

Mando Automotive	₹1.9 Lakhs to ₹4.2 Lakhs per year
Faurecia	₹1.7 Lakhs to ₹3.5 Lakhs per year
Spark Minda	₹2.2 Lakhs to ₹2.6 Lakhs per year
Belrise Industries	₹2.5 Lakhs to ₹3.3 Lakhs per year
UNO Minda	₹1.8 Lakhs to ₹3.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by L.G.Balakrishnan & Bros, depending on the role and experience level.

What is the salary of a Purchase Assistant in companies similar to L.G.Balakrishnan & Bros in India?

The salary of a Purchase Assistant at companies similar to L.G.Balakrishnan & Bros in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sona Comstar	₹2.1 Lakhs to ₹2.7 Lakhs per year
JBM Group	₹2.1 Lakhs to ₹2.5 Lakhs per year
TVS Sundram Fasteners	₹1.5 Lakhs to ₹2.7 Lakhs per year
Pricol	₹2.0 Lakhs to ₹2.2 Lakhs per year
Delphi TVS	₹1.9 Lakhs to ₹2.0 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 Purchase Assistant at L.G.Balakrishnan & Bros in India?

The salary growth for a Purchase Assistant at L.G.Balakrishnan & Bros depends on factors such as experience, performance, and promotions. On average, a Purchase Assistant can expect the following growth trajectory at L.G.Balakrishnan & Bros:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹1.8 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
4 years	₹0.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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L.G.Balakrishnan & Bros Purchase Assistant Salaries

L.G.Balakrishnan & Bros Purchase Assistant salary in India ranges between ₹1.8 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 L.G.Balakrishnan & Bros latest salaries received from various employees of L.G.Balakrishnan & Bros.