Merck Life Science Procurement Analyst Salaries by 3 Employees

2 - 3 years exp.

₹5.4 Lakhs - ₹7.5 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

20% more than the average Procurement Analyst Salary in Pharma Companies for 2 - 3 years of experience

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Salaries in different departments

Finance & Accounting Procurement Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
Healthcare & Life Sciences Procurement Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.9 L/yr
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Procurement & Supply Chain Procurement Analyst Salary 2 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 27 Dec 2024

Companies similar to Merck Life Science for Procurement Analyst

Company name	Avg Annual Salary	Open Jobs
Merck Procurement Analyst Salary 2 - 4 years exp. (4 salaries)	₹3.8 L/yr - ₹8 L/yr 8% less
Accenture Procurement Analyst Salary 2 - 11 years exp. (752 salaries)	₹2 L/yr - ₹11 L/yr 1% more
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Zycus Infotech Procurement Analyst Salary 0 - 4 years exp. (139 salaries)	₹3 L/yr - ₹8 L/yr 13% less
Flex Procurement Analyst Salary 1 - 3 years exp. (108 salaries)	₹2.3 L/yr - ₹5 L/yr 41% less	8 job openings
Vmd Tech Systems Procurement Analyst Salary 1 - 3 years exp. (105 salaries)	₹2.5 L/yr - ₹4.2 L/yr 43% less

Procurement Analyst salary at Merck Life Science ranges between ₹5.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Merck Life Science.

Experience wise Merck Life Science Procurement Analyst salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr

Similar Designation salaries in Merck Life Science

Procurement Specialist Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Process Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Procurement Analyst Salary

(6 salaries)

₹7.94 L/yr - ₹9 L/yr

Business Analyst Salary

(6 salaries)

₹3.5 L/yr - ₹10 L/yr

Senior Analyst Salary

(170 salaries)

₹3.5 L/yr - ₹13 L/yr

Process Specialist Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Analyst Salary

(161 salaries)

₹3.2 L/yr - ₹9.13 L/yr

Supply Chain Analyst Salary

(4 salaries)

₹6 L/yr - ₹8 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Salary related reviews for Merck Life Science

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Work satisfaction - Poor

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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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Merck Life Science Procurement Analyst Salary FAQs

How the salary growth look like for a Procurement Analyst at Merck Life Science in India?

The salary growth for a Procurement Analyst at Merck Life Science depends on factors such as experience, performance, and promotions. On average, a Procurement Analyst can expect the following growth trajectory at Merck Life Science:

Experience	Average Salary Range
2 years	₹5.4 Lakhs to ₹7.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹6.5 Lakhs per year

and so on.

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Merck Life Science Procurement Analyst Salaries

Merck Life Science Procurement Analyst salary in India ranges between ₹5.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Merck Life Science latest salaries received from various employees of Merck Life Science.