Marico Procurement Manager Salaries by 4 Employees (Updated 2024)

7 - 10 years exp.

₹38 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

173% more than the average Procurement Manager Salary in FMCG Companies for 7 - 10 years of experience

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Last Updated: 31 Aug 2023

Companies similar to Marico for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Dabur Procurement Manager Salary 9 - 14 years exp. (4 salaries)	₹11.7 L/yr - ₹77 L/yr 7% more
Godrej Consumer Products Procurement Manager Salary 2 - 4 years exp. (5 salaries)	₹20 L/yr - ₹35 L/yr 40% less
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Hindustan Unilever Procurement Manager Salary 8 - 16 years exp. (28 salaries)	₹15.7 L/yr - ₹58 L/yr 16% less
Britannia Procurement Manager Salary 1 - 8 years exp. (3 salaries)	₹18.8 L/yr - ₹25 L/yr 45% less
Nestle Procurement Manager Salary 2 - 14 years exp. (9 salaries)	₹17 L/yr - ₹41.5 L/yr 32% less
ITC Procurement Manager Salary 1 - 18 years exp. (16 salaries)	₹6 L/yr - ₹24.9 L/yr 64% less
Colgate Palmolive Procurement Manager Salary 7 - 9 years exp. (4 salaries)	₹39.6 L/yr - ₹50.6 L/yr 6% more
Procter & Gamble Procurement Manager Salary 2 - 6 years exp. (4 salaries)	₹24 L/yr - ₹27 L/yr 38% less
GlaxoSmithKline Consumer Healthcare Procurement Manager Salary 5 - 14 years exp. (3 salaries)	₹19 L/yr - ₹30 L/yr 44% less
Reckitt Benckiser Procurement Manager Salary 9 - 18 years exp. (21 salaries)	₹31 L/yr - ₹44 L/yr 13% less
MTR Foods Procurement Manager Salary 8 - 15 years exp. (4 salaries)	₹15 L/yr - ₹17 L/yr 61% less	1 job opening
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DS Group Procurement Manager Salary 9 - 25 years exp. (4 salaries)	₹13.4 L/yr - ₹20 L/yr 58% less
Tata Consumer Products Procurement Manager Salary 7 - 11 years exp. (4 salaries)	₹13 L/yr - ₹22 L/yr 58% less
Hindustan Foods Procurement Manager Salary 6 - 9 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 82% less

Procurement Manager salary at Marico ranges between ₹38 Lakhs to ₹45 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Marico.

Experience wise Marico Procurement Manager salaries

Last Updated: 31 Aug 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹45 L/yr - ₹45 L/yr
8 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹45 L/yr
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9 years (AmbitionBox Estimate)	₹38 L/yr - ₹72.7 L/yr
10 years (AmbitionBox Estimate)	₹38 L/yr - ₹38 L/yr

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Top skills at Marico for Procurement Manager

Procurement Raw Material Raw Material Procurement

Salary related reviews for Marico

Supply Chain Officer in Jalgaon

Logistics and Supply Chain Department

5.0

• posted on 23 Feb 2019

5.0

for Salary and Benefits

Likes

This was very good platform to grow skill development myself. People and work environment was good and helping nature.

Dislikes

No, Salary getting on time, training was regularly for skill development, team members and HR behavior was good, I like to work with Marico always.

Territory Sales Executive in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Jun 2024

3.0

for Salary and Benefits

Likes

On paper Sales Incentives are on a higher side. Brand Parachute is having pull in the market

Dislikes

...e seeing a hell lot of undercutting and cross selling from B2B and B2C platform. In the end u will be ending up only having salary and no incentives. If ur planning to join Marico get ready to have daily calls in the evening from 5.30-7.30 and your manager will directly ask u to work on Sundays and Public holidays too. If you prefer Work life balance then this is not the place.

ISR in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Promotion & salary on time,

Dislikes

1) Previously Working is good but 1.5 yrs not so good. Huge market rate issue, Minimum 5-6 % . I have working in this company. please i have request solve this prb(Rate). 2) PSR & VSR salary not so good other industry.

Senior Production Officer in Mumbai

Full Time

Data Science & Analytics Department

5.0

• posted on 01 Oct 2023

4.0

for Salary and Benefits

Likes

It's good Organization, but lot of work load, when you joining the Marico, have to take good salary otherwise will not get increment on yearly.

Dislikes

Work and Life balance is not good ot of work who is working in 3p/2p sub contract manufacturing sites,they don't even get off on Sunday, will have to Manage work and personal life. Instead of corporate office all facilities are there even Saturday is also off day

Territory Sales Executive in Hyderabad / Secunderabad

Full Time

Sales & Marketing Department

2.0

• posted on 14 Feb 2022

3.0

for Salary and Benefits

Likes

...on Managers .The process of doing sales is completely worst.No systematic sales.No bifurcated area if your distributor gives margin cut ok or else some other area will come and sale Asm will not say anything as his Target is achieved.

Dislikes

Worst work culture.Just because money given treatment is poor.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Marico Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Marico?

Procurement Manager salary at Marico in India ranges between ₹38.0 Lakhs to ₹45.0 Lakhs for experience between 7 years to 10 years. According to our estimates it is 173% more than the average Procurement Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Marico India.

How does the salary of a Procurement Manager at Marico India compare with the average salary range for this job?

The average salary of a Procurement Manager at Marico is 173% more than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Procurement Manager at Marico?

Procurement, Raw Material and Raw Material Procurement are some of the popular skills required to work as a Procurement Manager at Marico India.

Which similar companies are paying more than Marico to a Procurement Manager in India?

Dabur Procurement Manager Salary - ₹11.7 Lakhs to ₹77.0 Lakhs per year
Colgate Palmolive Procurement Manager Salary - ₹39.6 Lakhs to ₹50.6 Lakhs per year

What is the salary of a Procurement Manager in companies similar to Marico in India?

Reckitt Benckiser Procurement Manager Salary - ₹31.0 Lakhs to ₹44.0 Lakhs per year
Hindustan Unilever Procurement Manager Salary - ₹15.7 Lakhs to ₹58.0 Lakhs per year
Nestle Procurement Manager Salary - ₹17.0 Lakhs to ₹41.5 Lakhs per year
Procter & Gamble Procurement Manager Salary - ₹24.0 Lakhs to ₹27.0 Lakhs per year
Godrej Consumer Products Procurement Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year

What is the estimated take home salary of a Procurement Manager at Marico in India?

The estimated take-home salary of a Procurement Manager at Marico ranges between ₹2,47,162 per month to ₹2,57,200 per month in India. The take-home salary calculation is based on the average Marico Procurement Manager salary in India which ranges between ₹38.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at Marico?

According to AmbitionBox, 100% of the Marico Procurement Manager s reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Marico Procurement Manager Salaries

Marico Procurement Manager salary in India ranges between ₹38 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Marico latest salaries received from various employees of Marico.