LOREAL Sourcing Manager Salaries by 4 Employees

8 - 12 years exp.

₹21 Lakhs - ₹30.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

97% more than the average Sourcing Manager Salary in Beauty & Personal Care Companies for 8 - 12 years of experience

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Last Updated: 17 Sep 2024

Companies similar to LOREAL for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Retail Sourcing Manager Salary 3 - 19 years exp. (88 salaries)	₹4.6 L/yr - ₹19.1 L/yr 57% less
Lodha Group Sourcing Manager Salary 0 - 8 years exp. (50 salaries)	₹4.2 L/yr - ₹11.5 L/yr 73% less
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THE GUARDIANS Real Estate Advisory Sourcing Manager Salary 0 - 15 years exp. (49 salaries)	₹3 L/yr - ₹9.4 L/yr 76% less
Udaan Sourcing Manager Salary 3 - 15 years exp. (35 salaries)	₹4.5 L/yr - ₹13.2 L/yr 58% less
Mahindra & Mahindra Sourcing Manager Salary 9 - 17 years exp. (37 salaries)	₹8.7 L/yr - ₹30.1 L/yr 24% less	1 job opening

Sourcing Manager salary at LOREAL ranges between ₹21 Lakhs to ₹30.8 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of LOREAL.

Experience wise LOREAL Sourcing Manager salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹21 L/yr - ₹37.8 L/yr
9 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.8 L/yr
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10 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹26.3 L/yr
11 years (AmbitionBox Estimate)	₹26.3 L/yr - ₹50 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹30.8 L/yr

Similar Designation salaries in LOREAL

Commercial Manager Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.6 L/yr

Purchase Manager Salary

(4 salaries)

₹17.5 L/yr - ₹21 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Operations Manager Salary

(3 salaries)

₹3.3 L/yr - ₹30 L/yr

Category Manager Salary

(9 salaries)

₹45 L/yr - ₹95 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹25.9 L/yr - ₹33.1 L/yr

Supply Chain Manager Salary

(10 salaries)

₹24 L/yr - ₹39 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Team Lead Salary

(4 salaries)

₹3 L/yr - ₹3.84 L/yr

Top skills at LOREAL for Sourcing Manager

Project Management Finance Management Vendor Management Internal Control Analytical skills Data Analytics Cosmetics Windows Sustainability Accounting Saving Pharma Action Plan Chemistry

Salary related reviews for LOREAL

Business Development Executive in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

1.0

• posted on 08 Feb 2024

4.0

for Salary and Benefits

Likes

Pay and fancy lunches/dinners

Salary - Good

+1 more

Dislikes

Work culture. Work life balance. Internal politics. They should hire 4 more people for the territory being handled by 3-4 people currently. Pathetic management. Left because of my manager only.

Promotions - Poor

+3 more

Senior Operations Manager in Mumbai

Full Time

Operations Department

2.0

• posted on 07 Jun 2022

3.0

for Salary and Benefits

Likes

Brand image, timely salary, diversity

Skill development - Good

+1 more

Dislikes

1. The HR are the weakest link of this company. They are the ones causing most of the gossiping culture and influence negativity amongst the staff. Across all locations, if one thing that is really pulling the employees down is the India HR team, be it the corporate or the site HR teams. Mediocrity breeds Mediocrity and that is the exact description of it. 2. Gossiping leads to politics. If you have a godfather in the company, no one can touch you and you can get away with anything while someone else would be pulled down for the same thing 3. Teams don't talk with one another. Working in silos

Job security - Poor

+2 more

Manager in Mumbai

Full Time

Other Department

2.0

• posted on 18 Dec 2022

2.0

for Salary and Benefits

Likes

The manager at Loreal (sister concern- Maybelline) has harassed me a lot, she made me feel wasted and always spoke about the salary they pay me is more than what I do, n trust me they made me work the whole day I use to travel 2 hours 1 way to their office in lower Parel, she insulted me in front of my junior team members all the time. I will never join loreal again in my life. They paid me half the salary which was half of what profile I handled

Dislikes

Very toxic work culture

Salary - Poor

+5 more

Direct Sales Representative in Surat

Sales & Marketing Department

4.0

• posted on 28 Sep 2022

3.0

for Salary and Benefits

Likes

Its Very Good to work with the great knowledgeble buddies. Good to learn many things of corporqte lifestyle.

Skill development - Good

Dislikes

...is toomuch as RSM transferred their work to ASM and ASM to BDE and BDE to DSR. Salary is very poor and u have to work even on week off days for company. No personal life.

Work satisfaction - Poor

+2 more

Sales Executive in HO In Mumbai

Sales & Business Development Department

5.0

• posted on 02 Feb 2022

2.0

for Salary and Benefits

Likes

Working strategy with different way, brand promotion and activities, market leading brand with excellent product

Skill development - Excellent

+1 more

Dislikes

There is a lots of politics and the management doesn’t address our issues, salary growth issues, daily allowance not provided, salary not providing on salary date, if we ask for salary to dealer they refuse and say will don after 4-5 days, around 12-15th of date of month. The company is not good for ground level working employees like distributor sales representatives…. There is no future in this company…

Salary - Poor

+3 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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LOREAL Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at LOREAL ?

The average salary of a Sourcing Manager at LOREAL in India typically ranges from ₹21.0 Lakhs to ₹30.8 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Sourcing Manager at LOREAL earn more than ₹30.8 Lakhs per year, and the top 1% earn over ₹30.8 Lakhs per year. Sourcing Manager Salaries at LOREAL 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 LOREAL employees in India.

What is the estimated take home salary of a Sourcing Manager at LOREAL in India?

The estimated take-home salary of a Sourcing Manager at LOREAL in India typically ranges from ₹1,61,206 to ₹1,67,359 per month. This is based on the average salary range of ₹21.0 Lakhs to ₹30.8 Lakhs per year for employees with experience ranging from 8 years to 12 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 LOREAL. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sourcing Manager at LOREAL ?

To be a Sourcing Manager at LOREAL in india, the key skills required include:

- Project Management
- Finance
- Management
- Vendor Management
- Internal Control

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

What is the salary of a Sourcing Manager in companies similar to LOREAL in India?

The salary of a Sourcing Manager at companies similar to LOREAL in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹8.7 Lakhs to ₹30.1 Lakhs per year
Reliance Retail	₹4.6 Lakhs to ₹19.1 Lakhs per year
Udaan	₹4.5 Lakhs to ₹13.2 Lakhs per year
Lodha Group	₹4.2 Lakhs to ₹11.5 Lakhs per year
THE GUARDIANS Real Estate Advisory	₹3.0 Lakhs to ₹9.4 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 Sourcing Manager at LOREAL in India?

The salary growth for a Sourcing Manager at LOREAL depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at LOREAL:

Experience	Average Salary Range
8 years	₹21.0 Lakhs to ₹37.8 Lakhs per year
9 years	₹20.9 Lakhs to ₹26.8 Lakhs per year
10 years	₹10.2 Lakhs to ₹26.3 Lakhs per year
11 years	₹26.3 Lakhs to ₹50.0 Lakhs per year

and so on.

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LOREAL Sourcing Manager Salaries

LOREAL Sourcing Manager salary in India ranges between ₹21 Lakhs to ₹30.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LOREAL latest salaries received from various employees of LOREAL.