Mangal Sponge & Steel Assistant Manager- Purchase Salaries by 2 Employees

10 - 11 years exp.

₹3.8 Lakhs - ₹4.9 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 24 Apr 2023

Companies similar to Mangal Sponge & Steel for Assistant Manager- Purchase

Company name	Avg Annual Salary	Open Jobs
Ms Agarwal Foundries Assistant Manager- Purchase Salary 4 - 8 years exp. (4 salaries)	₹5.7 L/yr - ₹6.2 L/yr 38% more
Sigma Slotting Corporation Assistant Manager- Purchase Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹8.6 L/yr 47% more
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Jindal Group Of Companies Assistant Manager- Purchase Salary 10 - 11 years exp. (3 salaries)	₹6.4 L/yr - ₹7.2 L/yr 62% more
UltraTech Cement Assistant Manager- Purchase Salary 9 - 17 years exp. (42 salaries)	₹7.5 L/yr - ₹13 L/yr 174% more
DMart Assistant Manager- Purchase Salary 5 - 12 years exp. (36 salaries)	₹4 L/yr - ₹8.3 L/yr 45% more

Assistant Manager- Purchase salary at Mangal Sponge & Steel ranges between ₹3.8 Lakhs to ₹4.9 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Mangal Sponge & Steel .

Similar Designation salaries in Mangal Sponge & Steel

Purchase Officer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Logistics Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Commercial Head Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Assistant Purchase Officer Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Asst Store Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

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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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Mangal Sponge & Steel Assistant Manager- Purchase Salary FAQs

How the salary growth look like for a Assistant Manager- Purchase at Mangal Sponge & Steel in India?

The salary growth for a Assistant Manager- Purchase at Mangal Sponge & Steel depends on factors such as experience, performance, and promotions. On average, a Assistant Manager- Purchase can expect the following growth trajectory at Mangal Sponge & Steel :

Experience	Average Salary Range
10 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
11 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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Mangal Sponge & Steel Assistant Manager- Purchase Salaries

Mangal Sponge & Steel Assistant Manager- Purchase salary in India ranges between ₹3.8 Lakhs to ₹4.9 Lakhs. This is an estimate based on latest salaries received from employees of Mangal Sponge & Steel .