Magnetic FAAC Chennai Procurement Executive Salaries by 5 Employees (Updated 2025)

1 - 12 years exp.

₹2.1 Lakhs - ₹4 Lakhs

Salary of majority employees

17% 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 in Chennai

Magnetic FAAC Procurement Executive Salary

1 - 12 years exp. (5 salaries)

₹2.1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Synergy Maritime Procurement Executive Salary 0 - 4 years exp. (45 salaries)	₹2.7 L/yr - ₹5.8 L/yr 13% more
IBM Procurement Executive Salary 0 - 5 years exp. (19 salaries)	₹2.2 L/yr - ₹5.2 L/yr 12% more
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Tractors and Farm Equipment Procurement Executive Salary 0 - 7 years exp. (14 salaries)	₹2.6 L/yr - ₹3.5 L/yr 12% less
Swiggy Procurement Executive Salary 1 - 5 years exp. (14 salaries)	₹2.8 L/yr - ₹5.4 L/yr 11% more
CBRE Procurement Executive Salary 0 - 10 years exp. (9 salaries)	₹3 L/yr - ₹4 L/yr 12% 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 in Chennai

Last Updated: 4 Oct 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
12 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Magnetic FAAC

Deputy Manager Salary

(3 salaries)

₹12 L/yr - ₹13.1 L/yr

Senior Engineer Salary

(3 salaries)

₹5 L/yr - ₹7.6 L/yr

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I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magnetic FAAC Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Magnetic FAAC Chennai?

Procurement Executive salary at Magnetic FAAC in Chennai ranges between ₹2.1 Lakhs to ₹4.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 17% less than the average Procurement Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnetic FAAC Chennai.

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

The average salary of a Procurement Executive at Magnetic FAAC is 17% less than the average salary of a Procurement Executive in Chennai. To know exact salary insights, login to view.

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

Synergy Maritime Procurement Executive Salary - ₹2.7 Lakhs to ₹5.8 Lakhs per year
IBM Procurement Executive Salary - ₹2.2 Lakhs to ₹5.2 Lakhs per year
CBRE Procurement Executive Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Swiggy Procurement Executive Salary - ₹2.8 Lakhs to ₹5.4 Lakhs per year

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

Tractors and Farm Equipment Procurement Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Procurement Executive at Magnetic FAAC ranges between ₹24,470 per month to ₹25,917 per month in Chennai. 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 in Chennai?

According to AmbitionBox, 100% of the Magnetic FAAC Procurement Executives in Chennai 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 in Chennai

Magnetic FAAC Procurement Executive salary in Chennai 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.