Meril Procurement Manager Salaries by 6 Employees (Updated 2024)

10 - 16 years exp.

₹5.7 Lakhs - ₹15 Lakhs

Salary of majority employees

40% less than the average Procurement Manager Salary for 10 - 16 years of experience

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Last Updated: 19 Aug 2024

Companies similar to Meril for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
Cipla Procurement Manager Salary 12 - 17 years exp. (4 salaries)	₹18 L/yr - ₹20.8 L/yr 109% more
Sun Pharmaceutical Industries Procurement Manager Salary 8 - 21 years exp. (12 salaries)	₹8.1 L/yr - ₹20 L/yr 44% more
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Lupin Procurement Manager Salary 9 - 11 years exp. (4 salaries)	₹21.3 L/yr - ₹24.4 L/yr 152% more
Torrent Pharmaceuticals Procurement Manager Salary 14 - 25 years exp. (9 salaries)	₹15.6 L/yr - ₹22 L/yr 113% more
Zydus Lifesciences Procurement Manager Salary 8 - 20 years exp. (4 salaries)	₹10 L/yr - ₹17 L/yr 54% more
Glenmark Pharmaceuticals Procurement Manager Salary 13 - 21 years exp. (3 salaries)	₹16 L/yr - ₹18 L/yr 80% more

Procurement Manager salary at Meril ranges between ₹5.7 Lakhs to ₹15 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Meril.

Experience wise Meril Procurement Manager salaries

Last Updated: 19 Aug 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹5.7 L/yr
11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹12.4 L/yr
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12 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹14.5 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹11 L/yr - ₹22 L/yr

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Salary related reviews for Meril

Planning Analyst in Vapi

Supply Chain Department

1.0

• posted on 06 May 2021

1.0

for Salary and Benefits

Likes

Owners have spent lots on Garden, lake and infrastructure. The try to exploit employees in every possible manner. Poor pay, no growth. Only people with reference get growth here. Management want Agm, Dgm and VP happy and their favorites happy and fill their pockets only. If they give you huge hike than only join otherwise I request don't ever join this company.

Dislikes

... Just false commitments and exploiting employees in name of covid since 2 years. Even deducted 20-30% of salary for 9 months but not returning our hard earned money. Deducted amount is even more than total appraisal earned in all these years. Third class thinking of top executives and management. Wish they start valuing mid and junior level employees some day.

Production Officer in Vapi

Full Time

Media Production & Entertainment Department

5.0

• posted on 10 Dec 2024

5.0

for Salary and Benefits

Likes

Worklife balance can be maintained here... Also work culture is good👍

Dislikes

Something to be disliked is salary increment... But you can make your salary by yourself increment depends on your dedication towards your work.

Mechanical Fitter in Vapi

Full Time

Other Department

3.0

• posted on 18 Sep 2024

2.0

for Salary and Benefits

Likes

I work in meril park work to 14 year job completed. Very good experience and knowledge the company.I I proud to this company is grow to company.

Dislikes

I work in 14 year job completed but my salary is not growth and position is not growth . My superseded person has been promoted and the pay scale is higher and he doesn't even have the skills to work

Executive in Vapi

Full Time

Human Resources Department

5.0

• posted on 05 Sep 2024

5.0

for Salary and Benefits

Likes

...he Management is open and values employee feedback, often recognizing hard work. The company provides a good work - life balance and fair pay with good benefits. Meril encourages innovative ideas and meaningful projects, making it a great place to work. Overall, it's a positive and encouraging workplace.

Dislikes

Nothing to dislike.

Software Engineer in Vapi

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Aug 2024

3.0

for Salary and Benefits

Likes

easy to communicate with high authorities staff is so good friendly peoples and things to learn

Dislikes

...t dont have any idea of IT industry no companies wants you to work on saturday . also there is no extra activities are available even you need to pay for snacks and no area for refreshment

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

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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Meril Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Meril?

Procurement Manager salary at Meril in India ranges between ₹5.7 Lakhs to ₹15.0 Lakhs for experience between 10 years to 16 years. According to our estimates it is 40% less than the average Procurement Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Meril India.

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

The average salary of a Procurement Manager at Meril is 40% less than the average salary of a Procurement Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Meril to a Procurement Manager in India?

Lupin Procurement Manager Salary - ₹21.3 Lakhs to ₹24.4 Lakhs per year
Torrent Pharmaceuticals Procurement Manager Salary - ₹15.6 Lakhs to ₹22.0 Lakhs per year
Cipla Procurement Manager Salary - ₹18.0 Lakhs to ₹20.8 Lakhs per year
Glenmark Pharmaceuticals Procurement Manager Salary - ₹16.0 Lakhs to ₹18.0 Lakhs per year
Zydus Lifesciences Procurement Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Procurement Manager in companies similar to Meril in India?

Sun Pharmaceutical Industries Procurement Manager Salary - ₹8.1 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Procurement Manager at Meril in India?

The estimated take-home salary of a Procurement Manager at Meril ranges between ₹67,252 per month to ₹68,974 per month in India. The take-home salary calculation is based on the average Meril Procurement Manager salary in India which ranges between ₹5.7 Lakhs to ₹15.0 Lakhs per year for employees with experience between 10 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Procurement Manager at Meril?

According to AmbitionBox, 80% of the Meril Procurement Manager s reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Meril Procurement Manager Salaries

Meril Procurement Manager salary in India ranges between ₹5.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Meril latest salaries received from various employees of Meril.