Medha Servo Drives Senior Procurement Engineer Salaries by 3 Employees (Updated 2024)

8 - 11 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Senior Procurement Engineer Salary in Electrical Equipment Companies for 8 - 11 years of experience

Interested in this particular role? 1 job opening

Last Updated: 15 Mar 2023

Companies similar to Medha Servo Drives for Senior Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Senior Procurement Engineer Salary 6 - 9 years exp. (4 salaries)	₹14.3 L/yr - ₹15 L/yr 82% more
Siemens Senior Procurement Engineer Salary 6 - 12 years exp. (4 salaries)	₹5.4 L/yr - ₹10 L/yr 12% less
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ABB Group Senior Procurement Engineer Salary 9 - 14 years exp. (11 salaries)	₹8.5 L/yr - ₹14.1 L/yr 52% more
Schneider Electric Senior Procurement Engineer Salary 3 - 9 years exp. (6 salaries)	₹5.5 L/yr - ₹8.1 L/yr 16% less
CG Power and Industrial Solutions Senior Procurement Engineer Salary 9 - 13 years exp. (4 salaries)	₹7.8 L/yr - ₹9.2 L/yr 9% more
Toshiba Transmission & Distribution Systems Senior Procurement Engineer Salary 5 - 11 years exp. (17 salaries)	₹5.9 L/yr - ₹12.2 L/yr 13% more
Polycab Wires Senior Procurement Engineer Salary 4 - 8 years exp. (4 salaries)	₹3 L/yr - ₹5.7 L/yr 41% less
Laser Power & Infra Senior Procurement Engineer Salary 12 - 15 years exp. (4 salaries)	₹5.4 L/yr - ₹5.5 L/yr 32% less
Kirloskar Electric Company Senior Procurement Engineer Salary 6 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹6.6 L/yr 29% less
KEI Industries Senior Procurement Engineer Salary 3 - 6 years exp. (3 salaries)	₹6.7 L/yr - ₹8.4 L/yr 4% less
Havells Senior Procurement Engineer Salary 3 - 4 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 17% less
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Senior Procurement Engineer salary at Medha Servo Drives ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Medha Servo Drives.

Experience wise Medha Servo Drives Senior Procurement Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
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11 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr

Similar Designation salaries in Medha Servo Drives

Procurement Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

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₹5 L/yr - ₹14.25 L/yr

Purchase Engineer Salary

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₹2 L/yr - ₹5 L/yr

Purchase Officer Salary

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Deputy Manager Salary

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₹16.5 L/yr - ₹19.73 L/yr

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₹2.5 L/yr - ₹11 L/yr

Purchase Executive Salary

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₹3.28 L/yr - ₹3.8 L/yr

Salary related reviews for Medha Servo Drives

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

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.

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

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.

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

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.

Dislikes

Compensation is decent, but growth is slow.

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a technical project manager

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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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Medha Servo Drives Senior Procurement Engineer Salaries

Medha Servo Drives Senior Procurement Engineer salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Medha Servo Drives latest salaries received from various employees of Medha Servo Drives.

Medha Servo Drives Senior Procurement Engineer salaries in India

Companies similar to Medha Servo Drives for Senior Procurement Engineer

Latest annual salaries shared by Medha Servo Drives Senior Procurement Engineer

Experience wise Medha Servo Drives Senior Procurement Engineer salaries

Similar Designation salaries in Medha Servo Drives

Salary related reviews for Medha Servo Drives

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R&D Engineer in Hyderabad / Secunderabad

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