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LG Electronics Procurement Manager salaries in India

Annual salary range
11 - 25 years exp.
₹17.5 Lakhs - ₹23.5 Lakhs
Salary of majority employees
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37% more than the average Procurement Manager Salary in Consumer Electronics & Appliances Companies for 11 - 25 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Manager Salary
11 - 25 years exp. (12 salaries)
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₹17.5 L/yr - ₹23.5 L/yr

Research & Development
Procurement Manager Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹21.4 L/yr - ₹23.2 L/yr

Last Updated: 22 Jun 2023

Companies similar to LG Electronics for Procurement Manager

Company name Avg Annual Salary Open Jobs
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Philips Procurement Manager Salary

10 - 16 years exp. (11 salaries)

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₹20 L/yr - ₹34 L/yr

arrow icon 30% more
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Voltas Procurement Manager Salary

13 - 17 years exp. (9 salaries)

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₹12.9 L/yr - ₹25 L/yr

arrow icon 12% less
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Whirlpool Procurement Manager Salary

4 - 14 years exp. (7 salaries)

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₹13 L/yr - ₹29 L/yr

arrow icon 4% less
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Blue Star Procurement Manager Salary

13 - 19 years exp. (6 salaries)

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₹19 L/yr - ₹26.5 L/yr

arrow icon 6% more
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Vivo Procurement Manager Salary

9 - 13 years exp. (6 salaries)

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₹12.6 L/yr - ₹23 L/yr

arrow icon 24% less
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Carrier Procurement Manager Salary

12 - 13 years exp. (4 salaries)

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₹20.1 L/yr - ₹23.8 L/yr

arrow icon 6% more
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Lenovo Procurement Manager Salary

9 - 22 years exp. (4 salaries)

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₹12 L/yr - ₹26.7 L/yr

arrow icon 19% less
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Daikin Procurement Manager Salary

12 - 14 years exp. (4 salaries)

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₹16.5 L/yr - ₹21.5 L/yr

arrow icon 13% less
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Samsung Research Procurement Manager Salary

7 - 11 years exp. (4 salaries)

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₹9.1 L/yr - ₹15 L/yr

arrow icon 42% less
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₹25 L/yr - ₹30 L/yr

arrow icon 34% more
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Panasonic Procurement Manager Salary

10 - 19 years exp. (3 salaries)

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₹12.9 L/yr - ₹40 L/yr

arrow icon 6% more
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Signify Procurement Manager Salary

8 - 13 years exp. (3 salaries)

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₹22.7 L/yr - ₹32 L/yr

arrow icon 20% more
Procurement Manager salary at LG Electronics ranges between ₹17.5 Lakhs to ₹23.5 Lakhs per year for employees with experience between 11 years to 25 years. Salary estimates are based on 14 latest salaries received from various employees of LG Electronics.

Latest annual salaries shared by LG Electronics Procurement Manager

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18 years exp.
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18 years exp.
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11 years exp.
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16 years exp.
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16 years exp.
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15 years exp.
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14 years exp.
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Experience wise LG Electronics Procurement Manager salaries

Last Updated: 22 Jun 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹18.5 L/yr - ₹34.1 L/yr
12 years (AmbitionBox Estimate)

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₹17.4 L/yr - ₹22.2 L/yr
13 years  (3 salaries)

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₹18 L/yr - ₹23.2 L/yr
14 years (AmbitionBox Estimate)

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₹8 L/yr - ₹23.2 L/yr
15+ years  (9 salaries)

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₹17.5 L/yr - ₹23.5 L/yr

Similar Designation salaries in LG Electronics

Store Incharge Salary
(41 salaries)
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₹1.5 L/yr - ₹4 L/yr
Store Executive Salary
(27 salaries)
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₹2 L/yr - ₹5.2 L/yr
Asst Store Salary
(27 salaries)
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₹1.2 L/yr - ₹5 L/yr
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₹3 L/yr - ₹5 L/yr
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₹1.8 L/yr - ₹8 L/yr
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₹4.3 L/yr - ₹9.75 L/yr
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₹2 L/yr - ₹4 L/yr
Store Keeper Salary
(10 salaries)
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₹1 L/yr - ₹3 L/yr
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₹5.15 L/yr - ₹9 L/yr
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₹3.5 L/yr - ₹5.25 L/yr

Salary related reviews for LG Electronics

3.1

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 19 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nothing . Even on sundays the higher authority takes the video call for degrowth and all . every member of higher authority of branch is spoiling the sunday and family time.

read more
  • Company culture - Good

Dislikes

For promoters they are paying high salary and for Team leaders they are paying less then a promoter .on an average 20 to 30 there is a difference

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 24 Nov 2024

4.0
 for  Salary and Benefits

Likes

If your being hired as an onroll staff, Congratulations, please do not have to worried about salary hike promotion, LG WILL TAKE CARE on basis of your performances which is highly appreciable

read more
  • Salary - Good
  • +3 more

Dislikes

For third party employee, company never give opportunity to get absorbed in Company. There is always a separate consideration for offroll and onroll staff, no opportunity for offroll staff to learn and pe a part of of on-roll staff. There should be a opportunity for in ofroll staff to prove themselves in the basis of their yearly performance instead there will be the best hike which will be given to particular staff which is pratice carried forward from many years instead of rating on basis of their performances. Which is totally disappointing. Benefit of offroll staff will not given equally there will be partiality for long experience person and less experience person If someone out of it come forward and speak for their right they will indirectly will make to leave the job by accusation, frequently highlighting the mistakes by which employee quickly fell into depression. Overall no benefits or career advancement opportunities for so called OFROLL EMPLOYEES

read more

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 25 Oct 2024

2.0
 for  Salary and Benefits

Likes

...life balance and promotion depends how good is your relationship with your boss. Perks and benefits and overall increase in salary is peanuts.

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Dislikes

Work life balance No perks and benefits No policy of work from home

  • Salary - Poor
  • +6 more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 03 Oct 2024

4.0
 for  Salary and Benefits

Likes

Good salary. Great benefits like free lunch snacks, etc. Good buses for transport. Saturday off.

read more
  • Salary - Good
  • +1 more

Dislikes

Very far from the city. No learning. Monotonous work. No creativity allowed in work. A lot of meaningless reporting.

  • Skill development - Bad
  • +3 more

Full Time

 · 

Merchandising, Retail & eCommerce Department

5.0
  •  posted on 03 Oct 2024

5.0
 for  Salary and Benefits

Likes

Benifits lg electronics offers a competitive salary and benefits package, including medical insurance, retirement plan, holiday pay, annual leave and company products discount, family engagement program,skill development,job security, opportunity for growth,good working environment

read more
  • Salary - Excellent
  • +6 more

Dislikes

Large salary gaps between lgs compensation policies and the local market..

read more
see more salary related reviews

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What people are saying about LG Electronics

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vipulm
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2w
works at
LG Electronics
Hi everyone, I have been working in LG electronics India since last 16 th years i want to switch to my home town near indore, ujjain, bhopal
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LG Electronics Procurement Manager Salary FAQs

What is the salary of Procurement Manager at LG Electronics ?
The average salary of a Procurement Manager at LG Electronics in India typically ranges from ₹17.5 Lakhs to ₹23.5 Lakhs per year, depending on experience (from 11 years to 25 years).

The top 10% of Procurement Manager at LG Electronics earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹23.5 Lakhs per year. Procurement Manager Salaries at LG Electronics 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 10+ LG Electronics employees in India.
What is the estimated take home salary of a Procurement Manager at LG Electronics in India?
The estimated take-home salary of a Procurement Manager at LG Electronics in India typically ranges from ₹1,39,576 to ₹1,44,751 per month. This is based on the average salary range of ₹17.5 Lakhs to ₹23.5 Lakhs per year for employees with experience ranging from 11 years to 25 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 10+ salaries received from various employees of LG Electronics. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than LG Electronics for Procurement Manager in India?
BSH Home Appliances Group ₹25.0 Lakhs to ₹30.0 Lakhs per year
Philips ₹20.0 Lakhs to ₹34.0 Lakhs per year
Signify ₹22.7 Lakhs to ₹32.0 Lakhs per year
Carrier ₹20.1 Lakhs to ₹23.8 Lakhs per year
Panasonic ₹12.9 Lakhs to ₹40.0 Lakhs per year

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

Blue Star ₹19.0 Lakhs to ₹26.5 Lakhs per year
Whirlpool ₹13.0 Lakhs to ₹29.0 Lakhs per year
Voltas ₹12.9 Lakhs to ₹25.0 Lakhs per year
Daikin ₹16.5 Lakhs to ₹21.5 Lakhs per year
Lenovo ₹12.0 Lakhs to ₹26.7 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 LG Electronics in India?
The salary growth for a Procurement Manager at LG Electronics depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at LG Electronics:

Experience Average Salary Range
11 years ₹18.5 Lakhs to ₹34.1 Lakhs per year
12 years ₹17.4 Lakhs to ₹22.2 Lakhs per year
13 years ₹18.0 Lakhs to ₹23.2 Lakhs per year
14 years ₹8.0 Lakhs to ₹23.2 Lakhs per year
and so on.

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LG Electronics Procurement Manager salary in India ranges between ₹17.5 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 LG Electronics latest salaries received from various employees of LG Electronics.