MetLife Procurement Specialist Salaries by 6 Employees

4 - 10 years exp.

₹3.9 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Procurement Specialist Salary in Insurance Companies for 4 - 10 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Specialist Salary 4 - 10 years exp. (4 salaries)	₹4.5 L/yr - ₹6.1 L/yr
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Customer Success, Service & Operations Procurement Specialist Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5.6 L/yr

Last Updated: 13 Apr 2023

Companies similar to MetLife for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Flex Procurement Specialist Salary 3 - 10 years exp. (514 salaries)	₹3.5 L/yr - ₹8.2 L/yr 36% more
IBM Procurement Specialist Salary 0 - 6 years exp. (412 salaries)	₹2 L/yr - ₹9.3 L/yr 2% less
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DuPont Procurement Specialist Salary 0 - 5 years exp. (264 salaries)	₹2.5 L/yr - ₹6.9 L/yr 17% less
SoftwareOne Procurement Specialist Salary 3 - 11 years exp. (222 salaries)	₹4.2 L/yr - ₹10.6 L/yr 55% more
Accenture Procurement Specialist Salary 3 - 14 years exp. (198 salaries)	₹4.2 L/yr - ₹15.8 L/yr 101% more

Procurement Specialist salary at MetLife ranges between ₹3.9 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of MetLife.

Experience wise MetLife Procurement Specialist salaries

Last Updated: 13 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.1 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.4 L/yr

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Similar Designation salaries in MetLife

Procurement Executive Salary

(4 salaries)

₹2.15 L/yr - ₹4.81 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Team Lead Salary

(430 salaries)

₹5 L/yr - ₹19.2 L/yr

Operations Manager Salary

(22 salaries)

₹16.6 L/yr - ₹30.45 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Salary related reviews for MetLife

Team Lead in Noida

Full Time

Data Science & Analytics Department

3.0

• posted on 08 Dec 2022

4.0

for Salary and Benefits

Likes

...sed company, its stakeholders (clients) r understanding and appreciate our work. salary is good.

Salary - Good

+3 more

Dislikes

somewhat boring work place. u r either completing the assigned work or going through LinkedIn or upskilling yourself. there is no engagement/fun activity on floor. Shift timings r us based only. there is hardly any 9 to 6 job here.

Team Lead in Noida

Operations Department

5.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

Great organisation

Salary - Good

+5 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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 Specialist Salary FAQs

What is the salary of Procurement Specialist at MetLife ?

The average salary of a Procurement Specialist at MetLife in India typically ranges from ₹3.9 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Procurement Specialist at MetLife earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Procurement Specialist 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 6 MetLife employees in India.

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

The estimated take-home salary of a Procurement Specialist at MetLife in India typically ranges from ₹37,893 to ₹39,089 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 4 years to 10 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 6 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 Specialist in India?

Accenture	₹4.2 Lakhs to ₹15.8 Lakhs per year
SoftwareOne	₹4.2 Lakhs to ₹10.6 Lakhs per year
Flex	₹3.5 Lakhs to ₹8.2 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 Specialist in companies similar to MetLife in India?

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

IBM	₹2.0 Lakhs to ₹9.3 Lakhs per year
DuPont	₹2.5 Lakhs to ₹6.9 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 Specialist at MetLife in India?

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

Experience	Average Salary Range
4 years	₹3.9 Lakhs to ₹8.7 Lakhs per year
5 years	₹2.0 Lakhs to ₹6.1 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
7 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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MetLife Procurement Specialist Salaries

MetLife Procurement Specialist salary in India ranges between ₹3.9 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 MetLife latest salaries received from various employees of MetLife.