MassMutual Hyderabad / Secunderabad Procurement Specialist Salaries by 3 Employees

3 - 5 years exp.

₹7.5 Lakhs - ₹11.3 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

44% 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 in Hyderabad / Secunderabad

MassMutual Procurement Specialist Salary

3 - 5 years exp. (3 salaries)

₹7.5 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
DuPont Procurement Specialist Salary 0 - 6 years exp. (241 salaries)	₹2.5 L/yr - ₹6.9 L/yr 52% less
Corteva Agriscience Procurement Specialist Salary 1 - 6 years exp. (122 salaries)	₹2.5 L/yr - ₹7.1 L/yr 48% less
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Genpact Procurement Specialist Salary 1 - 7 years exp. (76 salaries)	₹2.4 L/yr - ₹10.2 L/yr 41% less
International Flavors & Fragrances Procurement Specialist Salary 1 - 6 years exp. (22 salaries)	₹3 L/yr - ₹6.4 L/yr 42% less
Celanese Procurement Specialist Salary 0 - 4 years exp. (14 salaries)	₹2.5 L/yr - ₹5 L/yr 61% 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 3 latest salaries received from various employees of MassMutual.

Experience wise MassMutual Procurement Specialist salaries in Hyderabad / Secunderabad

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)	₹6.8 L/yr - ₹8.6 L/yr
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5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13 L/yr

Similar Designation salaries in MassMutual

Procurement Manager Salary

(6 salaries)

₹17 L/yr - ₹20.7 L/yr

Procurement Consultant Salary

(4 salaries)

₹14 L/yr - ₹15.4 L/yr

Salary related reviews for MassMutual

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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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MassMutual Procurement Specialist Salary FAQs

How the salary growth look like for a Procurement Specialist at MassMutual in Hyderabad / Secunderabad?

The salary growth for a Procurement Specialist at MassMutual in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist in Hyderabad / Secunderabad can expect the following growth trajectory at MassMutual:

Experience	Average Salary Range
3 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
4 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
5 years	₹10.2 Lakhs to ₹13.0 Lakhs per year

and so on.

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MassMutual Procurement Specialist Salaries in Hyderabad / Secunderabad

MassMutual Procurement Specialist salary in Hyderabad / Secunderabad ranges between ₹7.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MassMutual latest salaries received from various employees of MassMutual.