Lokesh Machines Purchase Assistant Salaries by 4 Employees

0 - 1 year exp.

₹1.6 Lakh - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Purchase Assistant Salary in Industrial Machinery Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting Purchase Assistant Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
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Procurement & Supply Chain Purchase Assistant Salary Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 26 Jul 2023

Companies similar to Lokesh Machines for Purchase Assistant

Company name	Avg Annual Salary	Open Jobs
BHEL Purchase Assistant Salary 1 - 6 years exp. (6 salaries)	₹1.2 L/yr - ₹2.3 L/yr 1% less
Thermax Limited Purchase Assistant Salary 7 - 9 years exp. (3 salaries)	₹3.2 L/yr - ₹4 L/yr 94% more
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Larsen & Toubro Limited Purchase Assistant Salary 1 - 13 years exp. (9 salaries)	₹2.2 L/yr - ₹5 L/yr 65% more
Mahindra & Mahindra Purchase Assistant Salary 1 - 7 years exp. (10 salaries)	₹2.3 L/yr - ₹4.3 L/yr 81% more
Bajaj Auto Purchase Assistant Salary 1 - 5 years exp. (4 salaries)	₹1.4 L/yr - ₹3 L/yr 21% more
Hindustan Unilever Purchase Assistant Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹5 L/yr 117% more
Infosys Purchase Assistant Salary 8 - 11 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 88% more
Maruti Suzuki Purchase Assistant Salary 2 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹5.8 L/yr 176% more
JNS Instruments Purchase Assistant Salary 1 - 4 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 22% more
Isgec Heavy Engineering Purchase Assistant Salary 0 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3.5 L/yr 57% more
EMERSON PROCESS MANAGEMENT Purchase Assistant Salary 3 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 54% more
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Kirloskar Oil Engines Purchase Assistant Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹3.5 L/yr 77% more

Purchase Assistant salary at Lokesh Machines ranges between ₹1.6 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Lokesh Machines.

Experience wise Lokesh Machines Purchase Assistant salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹1.6 L/yr
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1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.6 L/yr

Similar Designation salaries in Lokesh Machines

Purchase Executive Salary

(6 salaries)

₹3.6 L/yr - ₹4 L/yr

Purchase Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.7 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Engineer Salary

(8 salaries)

₹4 L/yr - ₹6.36 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Procurement Executive Salary

(5 salaries)

₹3.6 L/yr - ₹5 L/yr

Procurement Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(5 salaries)

₹4.6 L/yr - ₹8.27 L/yr

Top skills at Lokesh Machines for Purchase Assistant

Purchase Vendor Development CNC Machines Purchase Management Vendor Development Price Negotiation Material Management Store Management Inventory Control New Vendor Development Machine Tools Purchase Planning Cutting Tools SAP

Salary related reviews for Lokesh Machines

Mechanical Engineer in Medchal

Full Time

Quality Inspection Department

3.0

• posted on 12 Sep 2021

2.0

for Salary and Benefits

Likes

...ammates are supportive and management is transparent. company policies are good. They give good salary but....

Work satisfaction - Good

Dislikes

Career growth is very slow Salaries are decent. I didn't like for break timings for breakfast,lunch and for dinner. Everyone should eat three times a day for employees good health.

Salary - Poor

+1 more

Production Engineer in Pune

Production, Manufacturing & Engineering Department

4.0

• posted on 06 Jul 2019

1.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base

Skill development - Good

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times.

Salary - Bad

+5 more

Industrial Engineer

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Oct 2018

1.0

for Salary and Benefits

Likes

Specially in contract under focus industrial services after reported complaint to company Sr HR and contractor administrator. The work life balance is pathetic. No inventive even basic transportation was not provided from last 2 months. Treated like labourers in the company.

Dislikes

Work life balance, administration, saraly given, no compensation even when the production target is achieved.

Salary - Bad

+6 more

Account Assistant

Finance & Accounting Department

4.0

• posted on 17 Dec 2018

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology .I love the fact that I am a part of that family. All the members of my team are loveable.

Skill development - Good

Dislikes

Compensation is decent,but growth is slow.the the work pressure is very high .but I don't get sufficient time to complete these works. the most important thing is that managers don't value an individual skills.also there is no on job training for freshers, hence senior folks like me have to guide them step by step,which is pain sometimes .

Promotions - Poor

+1 more

Mechanical Engineer in Pune

Construction & Site Engineering Department

1.0

• posted on 30 Jan 2018

1.0

for Salary and Benefits

Likes

I'm an employee of this company in Pune location. I'm working here last 6 months but in this company major problem is line manager & supervisor is not providing safety equipment like hand gloves and earplugs & napkins and eye glasses,and the 2nd major problem is they r not paying monthly on time they r paying one month salary at the last of 2nd month like 20th, 22th & 3rd major problem is food they r giving very wrost food to employees for that HR is fixed some money with canteen man,he is giving some money to HR so that HR is not taking any action to canteen man & he is bringing very wrost food for us,I'm saying about previous day 29 Jan I've eat chapati & dal only there is no rice vegetables papad banana ext.He brought all thing but all things is finished after that I was eat only chapati & dal. And one thing more is another company they r paying to Neem employees to 14000 in a month but in Lokesh machining ltd. Pune they r paying 9700 ₹ only.And night time they r give tea & biskit.

Dislikes

I'm not feeling well here because here company not providing safety equipment & food is very wrost,& salary is not giving on time they r paying after 2 month 1 month salary.so that I decided i'll be resign here

Salary - Bad

+6 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Lokesh Machines Purchase Assistant Salary FAQs

What is the salary of Purchase Assistant at Lokesh Machines ?

The average salary of a Purchase Assistant at Lokesh Machines in India typically ranges from ₹1.6 Lakhs to ₹2.6 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Purchase Assistant at Lokesh Machines earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Purchase Assistant Salaries at Lokesh Machines 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 Lokesh Machines employees in India.

What is the estimated take home salary of a Purchase Assistant at Lokesh Machines in India?

The estimated take-home salary of a Purchase Assistant at Lokesh Machines in India typically ranges from ₹12,370 to ₹13,709 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 Lokesh Machines. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Assistant at Lokesh Machines ?

To be a Purchase Assistant at Lokesh Machines in india, the key skills required include:

- Purchase Vendor Development
- CNC Machines
- Purchase Management
- Vendor Development
- Price Negotiation

These skills are highly valued at Lokesh Machines and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Lokesh Machines for Purchase Assistant in India?

Maruti Suzuki	₹4.5 Lakhs to ₹5.8 Lakhs per year
Hindustan Unilever	₹1.8 Lakhs to ₹5.0 Lakhs per year
Thermax Limited	₹3.2 Lakhs to ₹4.0 Lakhs per year
Infosys	₹2.0 Lakhs to ₹4.0 Lakhs per year
Mahindra & Mahindra	₹2.3 Lakhs to ₹4.3 Lakhs per year

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

What is the salary of a Purchase Assistant in companies similar to Lokesh Machines in India?

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

Kirloskar Oil Engines	₹2.9 Lakhs to ₹3.5 Lakhs per year
Larsen & Toubro Limited	₹2.2 Lakhs to ₹5.0 Lakhs per year
Isgec Heavy Engineering	₹2.5 Lakhs to ₹3.5 Lakhs per year
EMERSON PROCESS MANAGEMENT	₹2.2 Lakhs to ₹3.0 Lakhs per year
JNS Instruments	₹1.8 Lakhs to ₹2.5 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 Lokesh Machines in India?

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

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹1.6 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.6 Lakhs per year

and so on.

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Lokesh Machines Purchase Assistant Salaries

Lokesh Machines Purchase Assistant salary in India ranges between ₹1.6 Lakh to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Lokesh Machines latest salaries received from various employees of Lokesh Machines.