MetLife Procurement Executive Salaries by 4 Employees

5 - 6 years exp.

₹2.2 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Procurement Executive Salary in Insurance Companies for 5 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Procurement Executive Salary 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr
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Administration & Facilities Procurement Executive Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 15 Jun 2024

Companies similar to MetLife for Procurement Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Life Procurement Executive Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 27% less
Axis Max Life Insurance Procurement Executive Salary 0 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹5.2 L/yr 7% more
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PNB MetLife Procurement Executive Salary 7 - 9 years exp. (3 salaries)	₹4.4 L/yr - ₹5.6 L/yr 49% more
Swiggy Procurement Executive Salary 1 - 9 years exp. (147 salaries)	₹2.7 L/yr - ₹5.6 L/yr 15% more
ElasticRun Procurement Executive Salary 1 - 7 years exp. (114 salaries)	₹2.1 L/yr - ₹5.7 L/yr 15% more

Procurement Executive salary at MetLife ranges between ₹2.2 Lakhs to ₹4.8 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of MetLife.

Experience wise MetLife Procurement Executive salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹2.2 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr

Similar Designation salaries in MetLife

Procurement Specialist Salary

(6 salaries)

₹3.9 L/yr - ₹6.05 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Procurement Associate Salary

(AmbitionBox Estimate)

₹4 L/yr - ₹5.1 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Supply Chain Executive Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

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Senior Associate Salary

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₹1.7 L/yr - ₹7.5 L/yr

Senior Officer Salary

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Senior Analyst Salary

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₹2.2 L/yr - ₹8.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for MetLife

Senior Associate in Noida

Customer Success, Service & Operations Department

4.0

• posted on 04 Jan 2019

5.0

for Salary and Benefits

Likes

... we work happily in collaboration. I also like the employee re-hire policy here. salary/appraisal is average. too much politics. otherwise great place to work.

Salary - Excellent

+6 more

Dislikes

dirty politics and salary.

Senior Associate in Noida

Customer Success, Service & Operations Department

5.0

• posted on 26 Sep 2017

5.0

for Salary and Benefits

Likes

All the facilities are very good weather its training program,job security, career growth, very good salary package/appraisal, transport facility, learning & work environment, work-life balance all is perfect. I would say complete package.

Salary - Excellent

+6 more

Dislikes

Employee satisfaction rating 10 out of 10.

Assistant Manager in Noida

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 10 Dec 2024

3.0

for Salary and Benefits

Likes

The company work life balance is quite good however the managers and the AVP's are very bad with respect to some teams as they do not even allow to take the approved WFH and leaves with irrelevant explanation.

Job security - Good

+1 more

Dislikes

Salary Feminism (promoting female candidates only) Favouritism The higher management doesn't really bother about the policies they mold it for their favourite resource Management behaviour issue

Skill development - Poor

+2 more

SIX Sigma Black Belt in Jaipur

Full Time

Quality Assurance Department

5.0

• posted on 15 Jul 2024

5.0

for Salary and Benefits

Likes

...eling like I am home. You will get complete work-life balance with hybrid model. 💯 Job security, Salary is best in the industry.

Salary - Excellent

+6 more

Dislikes

Cafeteria is small inside the office however there is a common cafeteria of SEZ which offers variety.

Finance Specialist in Noida

Full Time

Finance & Accounting Department

4.0

• posted on 02 May 2023

4.0

for Salary and Benefits

Likes

No limit on number of breaks you take, lean days are there. Incentive is now given on yearly basis that is 10% of fixed salary. Yearly appraisals are given between 5-10%. Other benefits are there such as token amounts on occasions such as marriage anniversary(2k Amazon voucher), birthdays(4k Amazon voucher), Sodexo voucher(1k) is given if awarded for exceptional performance. Joining gifts, Diwali gifts, year end gifts are given. Process parties/lunch/dinners are organised twice in a year.

Salary - Good

+4 more

Dislikes

Lot of internal politics. Senior management is least bothered about issues that you face if you are not someone who keeps on buttering your manager. Never discuss anything personal, it will be used against you.

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MetLife Procurement Executive Salary FAQs

What is the salary of Procurement Executive at MetLife ?

The average salary of a Procurement Executive at MetLife in India typically ranges from ₹2.2 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 5 years to 6 years).

The top 10% of Procurement Executive at MetLife earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Procurement Executive Salaries at MetLife 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 MetLife employees in India.

What is the estimated take home salary of a Procurement Executive at MetLife in India?

The estimated take-home salary of a Procurement Executive at MetLife in India typically ranges from ₹25,362 to ₹26,795 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 5 years to 6 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 MetLife. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than MetLife for Procurement Executive in India?

PNB MetLife	₹4.4 Lakhs to ₹5.6 Lakhs per year
Swiggy	₹2.7 Lakhs to ₹5.6 Lakhs per year
ElasticRun	₹2.1 Lakhs to ₹5.7 Lakhs per year
Axis Max Life Insurance	₹2.7 Lakhs to ₹5.2 Lakhs per year

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

What is the salary of a Procurement Executive in companies similar to MetLife in India?

The salary of a Procurement Executive at companies similar to MetLife in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life

₹2.5 Lakhs to ₹3.5 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 Procurement Executive at MetLife in India?

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

Experience	Average Salary Range
5 years	₹2.2 Lakhs to ₹4.8 Lakhs per year
6 years	₹2.2 Lakhs to ₹2.2 Lakhs per year

and so on.

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MetLife Procurement Executive Salaries

MetLife Procurement Executive salary in India ranges between ₹2.2 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MetLife latest salaries received from various employees of MetLife.