LG Polymers Purchase Officer Salaries by 4 Employees

3 - 8 years exp.

₹4.2 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Purchase Officer Salary in Chemicals Companies for 3 - 8 years of experience

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Last Updated: 16 Mar 2023

Companies similar to LG Polymers for Purchase Officer

Company name	Avg Annual Salary	Open Jobs
Colourtex Purchase Officer Salary 2 - 21 years exp. (8 salaries)	₹2.1 L/yr - ₹8.8 L/yr 44% more
Fosroc India Purchase Officer Salary 6 - 11 years exp. (7 salaries)	₹6.1 L/yr - ₹8.5 L/yr 66% more
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Clean Science And Technology Purchase Officer Salary 2 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 39% less
Tatva Chintan Pharma Chem Purchase Officer Salary 3 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹5 L/yr 8% less
Henkel Purchase Officer Salary 7 - 9 years exp. (3 salaries)	₹5.2 L/yr - ₹5.3 L/yr 17% more

Purchase Officer salary at LG Polymers ranges between ₹4.2 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of LG Polymers.

Experience wise LG Polymers Purchase Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

View all

Similar Designation salaries in LG Polymers

Purchase Executive Salary

(3 salaries)

₹4.7 L/yr - ₹6 L/yr

Procurement Officer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Engineer Salary

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Store Executive Salary

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₹2.4 L/yr - ₹3.1 L/yr

Deputy Manager Salary

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₹9.5 L/yr - ₹12.5 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Procurement Associate Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Supply Chain Executive Salary

(3 salaries)

₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for LG Polymers

3.1

Rated by 2 employees for salary & benefits

Junior Engineer - Chemical in Visakhapatnam

Production, Manufacturing & Engineering Department

5.0

• posted on 06 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. Overally I'm satisfied with LG polymers

Salary - Excellent

+6 more

Dislikes

Negligible

Dy. Manager - HR & IR in Visakhapatnam

Full Time

Human Resources Department

5.0

• posted on 30 Oct 2020

5.0

for Salary and Benefits

Likes

Good appraisals, good management. The management will give importance to the employee and compensation and benefit policies are excellent. No bossism no harassment, good job assignment. One should feel very great of working in LG Polymers India, it is a dream job for everyone. Employee culture need to be improved, if that is developed we can give 100% score and nobody can point.

Salary - Excellent

+5 more

Dislikes

Lot of politics and negative energy in some departments, first of all culture need to be improved

Junior Engineer in Lg Polymer India Pvt Ltd.venkatapuram.Visakhapatnam.

Production, Manufacturing & Engineering Department

5.0

• posted on 12 Aug 2020

5.0

for Salary and Benefits

Likes

...agement is transparent.there is a huge cafeteria and gaming arcade for chilling. Company policies are good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

There is nothing to dislike about the company

Mechanical Helper in Visakhapatnam

Monthly Department

5.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent there is a huge cafeteria and gaming arcade for chilling company policies are good appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

Good

Chemist in Visakhapatnam

Quality Assurance Department

4.0

• posted on 05 Apr 2021

3.0

for Salary and Benefits

Likes

LG Polymers is a good company having best policies. Secured job, good working culture and top management is at best.

Job security - Good

+1 more

Dislikes

Middle management people behaviour towards Juniors is not acceptable. No respect for qualified person.

Promotions - Poor

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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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LG Polymers Purchase Officer Salary FAQs

What is the salary of Purchase Officer at LG Polymers ?

The average salary of a Purchase Officer at LG Polymers in India typically ranges from ₹4.2 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Purchase Officer at LG Polymers earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Purchase Officer Salaries at LG Polymers 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 LG Polymers employees in India.

What is the estimated take home salary of a Purchase Officer at LG Polymers in India?

The estimated take-home salary of a Purchase Officer at LG Polymers in India typically ranges from ₹33,373 to ₹34,637 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 3 years to 8 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 LG Polymers. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than LG Polymers for Purchase Officer in India?

Fosroc India	₹6.1 Lakhs to ₹8.5 Lakhs per year
Colourtex	₹2.1 Lakhs to ₹8.8 Lakhs per year
Henkel	₹5.2 Lakhs to ₹5.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LG Polymers, depending on the role and experience level.

What is the salary of a Purchase Officer in companies similar to LG Polymers in India?

The salary of a Purchase Officer at companies similar to LG Polymers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tatva Chintan Pharma Chem	₹2.6 Lakhs to ₹5.0 Lakhs per year
Clean Science And Technology	₹2.5 Lakhs to ₹3.0 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 Officer at LG Polymers in India?

The salary growth for a Purchase Officer at LG Polymers depends on factors such as experience, performance, and promotions. On average, a Purchase Officer can expect the following growth trajectory at LG Polymers:

Experience	Average Salary Range
3 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
4 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.2 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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LG Polymers Purchase Officer Salaries

LG Polymers Purchase Officer salary in India ranges between ₹4.2 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LG Polymers latest salaries received from various employees of LG Polymers.