Magnetic FAAC Procurement Executive Salaries by 5 Employees (Updated 2024)

1 - 12 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Salary of majority employees

19% less than the average Procurement Executive Salary for 1 - 12 years of experience

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Last Updated: 4 Oct 2023

Companies similar to Magnetic FAAC for Procurement Executive

Company name	Avg Annual Salary	Open Jobs
Maxxis Rubber Procurement Executive Salary 5 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 29% more
Swiggy Procurement Executive Salary 1 - 9 years exp. (149 salaries)	₹2.2 L/yr - ₹6 L/yr 16% more
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Inoventic Tech Solution Procurement Executive Salary 1 - 3 years exp. (135 salaries)	₹1.9 L/yr - ₹3.6 L/yr 21% less
ElasticRun Procurement Executive Salary 1 - 7 years exp. (116 salaries)	₹2.1 L/yr - ₹5.7 L/yr 18% more
Accenture Procurement Executive Salary 1 - 5 years exp. (101 salaries)	₹1.7 L/yr - ₹6.5 L/yr 17% more

Procurement Executive salary at Magnetic FAAC ranges between ₹2.1 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Magnetic FAAC.

Experience wise Magnetic FAAC Procurement Executive salaries

Last Updated: 4 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
12 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr

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Similar Designation salaries in Magnetic FAAC

Store Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Senior Engineer Salary

(3 salaries)

₹5 L/yr - ₹7.6 L/yr

Deputy Manager Salary

(3 salaries)

₹12 L/yr - ₹13.1 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magnetic FAAC Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Magnetic FAAC?

Procurement Executive salary at Magnetic FAAC in India ranges between ₹2.1 Lakhs to ₹4.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 19% less than the average Procurement Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnetic FAAC India.

How does the salary of a Procurement Executive at Magnetic FAAC India compare with the average salary range for this job?

The average salary of a Procurement Executive at Magnetic FAAC is 19% less than the average salary of a Procurement Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnetic FAAC to a Procurement Executive in India?

Maxxis Rubber Procurement Executive Salary - ₹3.8 Lakhs to ₹4.8 Lakhs per year
ElasticRun Procurement Executive Salary - ₹2.1 Lakhs to ₹5.7 Lakhs per year
Accenture Procurement Executive Salary - ₹1.7 Lakhs to ₹6.5 Lakhs per year
Swiggy Procurement Executive Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Procurement Executive in companies similar to Magnetic FAAC in India?

Inoventic Tech Solution Procurement Executive Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a Procurement Executive at Magnetic FAAC in India?

The estimated take-home salary of a Procurement Executive at Magnetic FAAC ranges between ₹24,939 per month to ₹26,378 per month in India. The take-home salary calculation is based on the average Magnetic FAAC Procurement Executive salary in India which ranges between ₹2.1 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Procurement Executive at Magnetic FAAC?

According to AmbitionBox, 100% of the Magnetic FAAC Procurement Executives reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnetic FAAC Procurement Executive Salaries

Magnetic FAAC Procurement Executive salary in India ranges between ₹2.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnetic FAAC latest salaries received from various employees of Magnetic FAAC.