Mahindra & Mahindra Mumbai Sourcing Manager Salaries by 7 Employees

11 - 17 years exp.

₹17 Lakhs - ₹30.1 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

78% more than the average Sourcing Manager Salary in Automobile Companies for 11 - 17 years of experience

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Last Updated: 22 Aug 2024

Companies similar to Mahindra & Mahindra for Sourcing Manager in Mumbai

Mahindra & Mahindra Sourcing Manager Salary

11 - 17 years exp. (7 salaries)

₹17 L/yr - ₹30.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Lodha Group Sourcing Manager Salary 0 - 10 years exp. (38 salaries)	₹4.5 L/yr - ₹11 L/yr 66% less
THE GUARDIANS Real Estate Advisory Sourcing Manager Salary 0 - 15 years exp. (38 salaries)	₹3.5 L/yr - ₹8.4 L/yr 72% less
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ANAROCK Property Consultants Sourcing Manager Salary 1 - 9 years exp. (25 salaries)	₹3.7 L/yr - ₹7.2 L/yr 74% less
Reliance Retail Sourcing Manager Salary 6 - 16 years exp. (11 salaries)	₹4.6 L/yr - ₹14.8 L/yr 55% less
JUSTO Realfintech Sourcing Manager Salary 4 - 7 years exp. (9 salaries)	₹4.8 L/yr - ₹7.7 L/yr 71% less	1 job opening

Sourcing Manager salary at Mahindra & Mahindra ranges between ₹17 Lakhs to ₹30.1 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 7 latest salaries received from various employees of Mahindra & Mahindra.

Experience wise Mahindra & Mahindra Sourcing Manager salaries in Mumbai

Last Updated: 22 Aug 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
12 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
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13 years (AmbitionBox Estimate)	₹19 L/yr - ₹24.2 L/yr
14 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
15+ years (5 salaries)	₹20 L/yr - ₹30.1 L/yr

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Top skills at Mahindra & Mahindra for Sourcing Manager

PPAP Quality Improvement RFQ QA Engineering Mechanical Engineering CCTV Monitoring Purchase Vendor Development VAVE Industrial Engineering Hydraulics Valves Supplier Quality Management NPD SQA

Salary related reviews for Mahindra & Mahindra

Senior Engineer in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 07 Sep 2024

2.0

for Salary and Benefits

Likes

thaar car only.

Dislikes

...ce coverage is 100000 for employee family.wont get insurance related assistants.no good salary hikes. No work life balance. There is no leaderships who motivates employees and maintain a good work culture.

Salary - Poor

+6 more

Deputy Manager in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 28 Dec 2023

3.0

for Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

Skill development - Good

+3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

Senior Engineer in Chennai

Full Time

Research & Development Department

4.0

• posted on 04 Feb 2023

4.0

for Salary and Benefits

Likes

1.Diverse work culture. 2.Very good for beginners. Lot of learnings are there. 3. Job security is good 4. Health related support from Management is good. They support in all possible extent for their employees and their family health.

Salary - Good

+4 more

Dislikes

...nd officer to put more time to complete the task. 2. Promotion and hike system. Pay is good it is average when compared to market. But for achieving this person need to work daily 3hrs extra. 3. No process. Yes there is a process. But due to congested project timelines, process always get skipped. 4. Manager always paid more in term of percentage. Management mindset is to keep manager at their end. so they can train any operational level engineer easily.

Work-life balance - Poor

Deputy Manager in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 15 May 2023

5.0

for Salary and Benefits

Likes

Alternate Saturday off .....good work culture

Salary - Excellent

+5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

Deputy Manager in Pune

Full Time

Research & Development Department

2.0

• posted on 12 Mar 2023

1.0

for Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

Salary - Bad

+5 more

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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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Mahindra & Mahindra Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Mahindra & Mahindra in Mumbai?

The average salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹17.0 Lakhs to ₹30.1 Lakhs per year, depending on experience (from 11 years to 17 years).

The top 10% of Sourcing Manager in Mumbai at Mahindra & Mahindra earn more than ₹29.1 Lakhs per year, and the top 1% earn over ₹30.1 Lakhs per year. Sourcing Manager Salaries at Mahindra & Mahindra 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 7 Mahindra & Mahindra employees in India.

What is the estimated take home salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai?

The estimated take-home salary of a Sourcing Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹1,37,520 to ₹1,42,601 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹30.1 Lakhs per year for employees with experience ranging from 11 years to 17 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 7 salaries received from various employees of Mahindra & Mahindra. 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 Mahindra & Mahindra in Mumbai?

To be a Sourcing Manager at Mahindra & Mahindra in Mumbai, the key skills required include:

- PPAP
- Quality Improvement
- RFQ
- QA Engineering
- Mechanical Engineering

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

What is the salary of a Sourcing Manager in companies similar to Mahindra & Mahindra in Mumbai?

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

Reliance Retail	₹4.6 Lakhs to ₹14.8 Lakhs per year
Lodha Group	₹4.5 Lakhs to ₹11.0 Lakhs per year
JUSTO Realfintech	₹4.8 Lakhs to ₹7.7 Lakhs per year
THE GUARDIANS Real Estate Advisory	₹3.5 Lakhs to ₹8.4 Lakhs per year
ANAROCK Property Consultants	₹3.7 Lakhs to ₹7.2 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 Mahindra & Mahindra in Mumbai?

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

Experience	Average Salary Range
11 years	₹17.5 Lakhs to ₹22.4 Lakhs per year
12 years	₹18.2 Lakhs to ₹23.3 Lakhs per year
13 years	₹19.0 Lakhs to ₹24.2 Lakhs per year
14 years	₹19.7 Lakhs to ₹25.2 Lakhs per year

and so on.

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Mahindra & Mahindra Sourcing Manager Salaries in Mumbai

Mahindra & Mahindra Sourcing Manager salary in Mumbai ranges between ₹17 Lakhs to ₹30.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.