MassMutual Procurement Specialist Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹7.5 Lakhs - ₹11.3 Lakhs

Low Confidence

Salary of majority employees

31% more than the average Procurement Specialist Salary in Financial Services Companies for 3 - 5 years of experience

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Last Updated: 24 May 2024

Companies similar to MassMutual for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
TIAA Global Business Services Procurement Specialist Salary 7 - 8 years exp. (4 salaries)	₹8 L/yr - ₹8.8 L/yr 3% less
Ameriprise Financial Procurement Specialist Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 50% less
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Northern Trust Operating Services Procurement Specialist Salary 7 - 10 years exp. (4 salaries)	₹10 L/yr - ₹11.1 L/yr 20% more
JPMorgan Chase & Co. Procurement Specialist Salary 2 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹5.8 L/yr 49% less
UBS Procurement Specialist Salary 6 - 11 years exp. (3 salaries)	₹9 L/yr - ₹10 L/yr 8% more
Macquarie Group Procurement Specialist Salary 8 - 10 years exp. (3 salaries)	₹11.5 L/yr - ₹13.5 L/yr 41% more
Wells Fargo Procurement Specialist Salary 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.7 L/yr 49% less

Procurement Specialist salary at MassMutual ranges between ₹7.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of MassMutual.

Experience wise MassMutual Procurement Specialist salaries

Last Updated: 24 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr

Similar Designation salaries in MassMutual

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(AmbitionBox Estimate)

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₹14 L/yr - ₹29 L/yr

Operations Manager Salary

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₹34 L/yr - ₹40.7 L/yr

Salary related reviews for MassMutual

Senior BI Developer, MicroStrategy Consultant in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

Good compensation and benefits, career opportunities

Salary - Excellent

+5 more

Dislikes

Few senior management people have sevice company culture, No hybrid model work. We have to go to office everyday and there is a attendance sheet. This is not expected from a product base company.

Test Lead in Hyderabad / Secunderabad

Full Time

Project & Program Management Department

5.0

• posted on 17 Jun 2024

3.0

for Salary and Benefits

Likes

A free look inside company with good work life balance

Skill development - Good

+3 more

Dislikes

Micro management is very much where people managers try to look for reason for like Sick leaves, WFH. They want us to maintain 20 trackers for updates which they need. Especially QA Managers are very un professional and don’t know what is work culture in IT. If you are technically strong then no one can even touch you

Promotions - Poor

Senior Associate in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Aug 2024

5.0

for Salary and Benefits

Likes

Management really looks for what employees think and contiously seek feedback from them to improve the organisation. Lots of employee oriented programs keep happening very often. Benefits provided to employees are really good. Appreciation and recognition is very much focused towards employees.

Salary - Excellent

+5 more

Dislikes

Nothing to mention or to pin point anything specific.

Associate Data Engineer in Hyderabad / Secunderabad

Data Department

4.0

• posted on 12 Nov 2022

3.0

for Salary and Benefits

Likes

Great work life balance. I never had to extend my work hours. Supportive management. Got chance to work on latest technologies. Innovations and new ideas are welcomed. Good benefits like free transport and free snacks. In house Gym. Many recreational activities

Skill development - Good

+4 more

Dislikes

Salary is average. Not pretty sure about the promotions as I have joined recently (< 1 year)

Assistant Manager/Manager -(Technical) in Hyderabad / Secunderabad

Engineering - Software & QA Department

1.0

• posted on 04 Apr 2021

1.0

for Salary and Benefits

Likes

Nothing likes

Dislikes

Please please don't join in this company', This is US based organization started recently in Hyderabad. At US level company is very very good. While setting up Hyderabad they bring the manager from service based companies. These guys don't know Agile process works. If you join your career will lost.

Salary - Bad

+6 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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MassMutual Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at MassMutual?

Procurement Specialist salary at MassMutual in India ranges between ₹7.5 Lakhs to ₹11.3 Lakhs for experience between 3 years to 5 years. According to our estimates it is 31% more than the average Procurement Specialist Salary in India. Salary estimates are based on 4 latest salaries received from various employees of MassMutual India.

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

The average salary of a Procurement Specialist at MassMutual is 31% more than the average salary of a Procurement Specialist in India. To know exact salary insights, login to view.

Which similar companies are paying more than MassMutual to a Procurement Specialist in India?

Macquarie Group Procurement Specialist Salary - ₹11.5 Lakhs to ₹13.5 Lakhs per year
Northern Trust Operating Services Procurement Specialist Salary - ₹10.0 Lakhs to ₹11.1 Lakhs per year
UBS Procurement Specialist Salary - ₹9.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Procurement Specialist in companies similar to MassMutual in India?

TIAA Global Business Services Procurement Specialist Salary - ₹8.0 Lakhs to ₹8.8 Lakhs per year
Wells Fargo Procurement Specialist Salary - ₹4.5 Lakhs to ₹4.7 Lakhs per year
JPMorgan Chase & Co. Procurement Specialist Salary - ₹3.2 Lakhs to ₹5.8 Lakhs per year
Ameriprise Financial Procurement Specialist Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Procurement Specialist at MassMutual in India?

The estimated take-home salary of a Procurement Specialist at MassMutual ranges between ₹64,776 per month to ₹66,428 per month in India. The take-home salary calculation is based on the average MassMutual Procurement Specialist salary in India which ranges between ₹7.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Procurement Specialist at MassMutual?

According to AmbitionBox, 100% of the MassMutual Procurement Specialists reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MassMutual Procurement Specialist Salaries

MassMutual Procurement Specialist salary in India ranges between ₹7.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MassMutual latest salaries received from various employees of MassMutual.