Medha Servo Drives Purchase Officer Salaries by 4 Employees

1 - 2 years exp.

₹1.7 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Purchase Officer Salary in Electrical Equipment Companies for 1 - 2 years of experience

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Salaries in different departments

Procurement & Supply Chain Purchase Officer Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
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Production, Manufacturing & Engineering Purchase Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Medha Servo Drives for Purchase Officer

Company name	Avg Annual Salary	Open Jobs
Havells Purchase Officer Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹3.4 L/yr 14% more
Raychem RPG Purchase Officer Salary 4 - 14 years exp. (6 salaries)	₹3.3 L/yr - ₹5.7 L/yr 109% more
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CG Power and Industrial Solutions Purchase Officer Salary 2 - 10 years exp. (5 salaries)	₹2.4 L/yr - ₹6 L/yr 97% more
Kirloskar Electric Company Purchase Officer Salary 1 - 8 years exp. (4 salaries)	₹1.1 L/yr - ₹2.8 L/yr 1% more
HBL Power Systems Purchase Officer Salary 2 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 40% more
C&S Electric Purchase Officer Salary 2 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹4.5 L/yr 74% more
Graphite India Purchase Officer Salary 2 - 30 years exp. (3 salaries)	₹3.2 L/yr - ₹7.5 L/yr 181% more

Purchase Officer salary at Medha Servo Drives ranges between ₹1.7 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Medha Servo Drives.

Experience wise Medha Servo Drives Purchase Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr

Similar Designation salaries in Medha Servo Drives

Purchase Engineer Salary

(39 salaries)

₹2 L/yr - ₹6 L/yr

Senior Purchase Officer Salary

(4 salaries)

₹7.8 L/yr - ₹11 L/yr

Purchase Assistant Salary

(22 salaries)

₹1.5 L/yr - ₹4 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Purchase Executive Salary

(7 salaries)

₹3.28 L/yr - ₹4 L/yr

Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(57 salaries)

₹6 L/yr - ₹13.8 L/yr

Deputy Manager Salary

(4 salaries)

₹16.5 L/yr - ₹19.73 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Salary related reviews for Medha Servo Drives

1.0

Rated by 1 employees for salary & benefits

Purchase Engineer in Hyderabad / Secunderabad

Full Time

Research & Development Department

1.0

• posted on 28 Dec 2022

1.0

for Salary and Benefits

Likes

Nothing good

Dislikes

...acting people 2.No respect 3.Work pressure was too high 4.Seniors domination 5.No salary hike Believe me if you have done 1 hour work your need to waste 3 hours of time to show your work Bad words spoken by General manager

Salary - Bad

+6 more

Senior Engineer in Hyderabad / Secunderabad

Full Time

Environment Health & Safety Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

...t. Top Management is working very hard to take the organization to next level. They paid full salary during lockdown and later reduced the no. of leaves, reduced bonus and increment to 30% of actual amount for that year.

Salary - Good

+6 more

Dislikes

HR is weak. HR policies can be improved.

R&D Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 17 Nov 2023

3.0

for Salary and Benefits

Likes

Yearly twice increment and field of work

Job security - Good

Dislikes

Not a 5 day office. Lot of deductions from salary that you can't expect. No difference in salary if highly performed, get same amount of money of less skilled people.

Skill development - Poor

+3 more

Assistant Purchase Executive in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

4.0

• posted on 22 May 2022

4.0

for Salary and Benefits

Likes

Good work environment and culture.Company policies are good,Teammates are supportive &This the place where we can develop knowledge & Skills,Company give good salary hike and bonus every year

Salary - Good

+6 more

Dislikes

There is a lot of politics & Seniors doesn't address our issue in my department.

Engineer- Customer Support in Hyderabad / Secunderabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 14 May 2022

4.0

for Salary and Benefits

Likes

There is a large scope to improve one's knowledge in many fields in this organization. Management take care for their employees in regard of the Personal Health and Work Environmental Health.

Salary - Good

+6 more

Dislikes

Compensation is decent, but growth is slow.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Medha Servo Drives Purchase Officer Salary FAQs

What is the salary of Purchase Officer at Medha Servo Drives ?

The average salary of a Purchase Officer at Medha Servo Drives in India typically ranges from ₹1.7 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Purchase Officer at Medha Servo Drives earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Purchase Officer Salaries at Medha Servo Drives 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 Medha Servo Drives employees in India.

What is the estimated take home salary of a Purchase Officer at Medha Servo Drives in India?

The estimated take-home salary of a Purchase Officer at Medha Servo Drives in India typically ranges from ₹14,386 to ₹15,900 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 2 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 Medha Servo Drives. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Medha Servo Drives for Purchase Officer in India?

Graphite India	₹3.2 Lakhs to ₹7.5 Lakhs per year
Raychem RPG	₹3.3 Lakhs to ₹5.7 Lakhs per year
CG Power and Industrial Solutions	₹2.4 Lakhs to ₹6.0 Lakhs per year
C&S Electric	₹2.4 Lakhs to ₹4.5 Lakhs per year
HBL Power Systems	₹2.5 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Medha Servo Drives, depending on the role and experience level.

What is the salary of a Purchase Officer in companies similar to Medha Servo Drives in India?

The salary of a Purchase Officer at companies similar to Medha Servo Drives in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Havells	₹1.8 Lakhs to ₹3.4 Lakhs per year
Kirloskar Electric Company	₹1.1 Lakhs to ₹2.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Purchase Officer at Medha Servo Drives in India?

The salary growth for a Purchase Officer at Medha Servo Drives depends on factors such as experience, performance, and promotions. On average, a Purchase Officer can expect the following growth trajectory at Medha Servo Drives:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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Medha Servo Drives Purchase Officer Salaries

Medha Servo Drives Purchase Officer salary in India ranges between ₹1.7 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.