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Marico Procurement Officer salaries in Mumbai

Annual salary range
2 - 5 years exp.
₹3.1 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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48% less than the average Procurement Officer Salary in FMCG Companies for 2 - 5 years of experience

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Last Updated: 11 May 2023

Companies similar to Marico for Procurement Officer in Mumbai

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Marico Procurement Officer Salary

2 - 5 years exp. (4 salaries)

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₹3.1 L/yr - ₹3.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4.2 L/yr - ₹7.4 L/yr

arrow icon 81% more
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₹4.2 L/yr - ₹6.1 L/yr

arrow icon 69% more
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Hikal Procurement Officer Salary

2 - 7 years exp. (6 salaries)

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₹2.7 L/yr - ₹4.8 L/yr

arrow icon 19% more
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₹4.8 L/yr - ₹12 L/yr

arrow icon 124% more
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₹4.5 L/yr - ₹9 L/yr

arrow icon 133% more
Procurement Officer salary at Marico ranges between ₹3.1 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Marico.

Latest annual salaries shared by Marico Procurement Officer in Mumbai

1y ago
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5 years exp.

Experience wise Marico Procurement Officer salaries in Mumbai

Last Updated: 11 May 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Marico

Senior Officer Salary
(12 salaries)
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₹4.5 L/yr - ₹7.7 L/yr
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₹10.5 L/yr - ₹13 L/yr

Salary related reviews for Marico

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 04 Mar 2025

1.0
 for  Salary and Benefits

Likes

Nothing at all

Dislikes

...ecessarily pressure for KPI without solving identified problems to achieve KPIs. Variable pay 7% targets are always on very higher side so don't expect variable payout. Managers being directly joined as management trainee and they are not aware of ground level operations and their expectations are not aligned with the reality. There is no clarity and proper handover process in supply chain. Team shuffling happens anytime and whenever required. With respect to job activities there is no clarity about what to do and how to do. Managers also don't have much deeper clarity about the same. The most important thing is that there is no future for executives in this organisation as executives never gets promoted here in supply chain team.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 15 Jan 2025

3.0
 for  Salary and Benefits

Likes

Work culture is good, their is a balance between work life balance

  • Job security - Good
  • +2 more

Dislikes

Salary is not ok, if you are working from a long time and very good at your work. Still company will give more CTC to a new person who is very new to industry and has less experience to sector.

read more
  • Promotions - Bad

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.

read more
  • Skill development - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Promotion & salary on time,

  • Skill development - Good

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.

read more
  • Work satisfaction - Poor

Full Time

 · 

Human Resources Department

2.0
  •  posted on 30 Jan 2025

4.0
 for  Salary and Benefits

Likes

Salary offered is as per industry standards Process oriented

  • Salary - Good
  • +1 more

Dislikes

No respect for junior level roles, too much of politics. Managers give job threats out in open. Treat you like sla-ves with most disrespectful managers, in spite of taking up with senior level no solution comes out. No scope for team change. Disrespects your prior experiences with utter humiliation out in open on the open floor. Communication with managers is just horrible and you get no support at all. Manager puts all the burden on your head but when it’s time of review meet they end up presenting nothing in front of super bosses. You seem to look like a someone with no life staying up until late working (not yours but your bosses work assigned to you) if you are someone with no self esteem then this place is all that you need. Will help you quiet will with destroying your mental health. Too much of micro management that you would want to run away somewhere far away. All the best

read more
  • Job security - Bad
  • +3 more
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Marico Procurement Officer Salary FAQs

What is the salary of Procurement Officer at Marico in Mumbai?
The average salary of a Procurement Officer at Marico in Mumbai typically ranges from ₹3.1 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Procurement Officer in Mumbai at Marico earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Procurement Officer Salaries at Marico 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 4 Marico employees in India.
What is the estimated take home salary of a Procurement Officer at Marico in Mumbai?
The estimated take-home salary of a Procurement Officer at Marico in Mumbai typically ranges from ₹23,406 to ₹24,868 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Marico. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Marico for Procurement Officer in India?
Aditya Birla Group ₹4.5 Lakhs to ₹9.0 Lakhs per year
GoodWood Shipmanagement ₹4.8 Lakhs to ₹12.0 Lakhs per year
Wilhelmsen Ship Management ₹4.2 Lakhs to ₹7.4 Lakhs per year
Glenmark Pharmaceuticals ₹4.2 Lakhs to ₹6.1 Lakhs per year
Hikal ₹2.7 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Marico, depending on the role and experience level.
How the salary growth look like for a Procurement Officer at Marico in Mumbai?
The salary growth for a Procurement Officer at Marico in Mumbai depends on factors such as experience, performance, and promotions. On average, a Procurement Officer in Mumbai can expect the following growth trajectory at Marico:

Experience Average Salary Range
2 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

Marico Procurement Officer salary in Mumbai ranges between ₹3.1 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Marico latest salaries received from various employees of Marico.