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Microfinish Group

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3.8

based on 47 Reviews

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Procurement & Supply Chain

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Microfinish Group Procurement & Supply Chain Department Salaries in India

based on 17 latest salaries
Designation Avg Annual Salary Open Jobs

Buyer 1

5 - 7 years exp. (3 salaries)
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₹3.5 L/yr - ₹5.5 L/yr

Outsource Engineer

4 - 5 years exp. (3 salaries)
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₹4.1 L/yr - ₹6.1 L/yr

Store Incharge

5 - 7 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr

Procurement Engineer

6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

Procurement Buyer

3 - 4 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Project Engineer

5 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr

Sales & Project Coordinator

3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Logistics Manager

13 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Assistant Purchaser

4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.4 L/yr

Subcontract Engineer

17 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Last Updated: 18 Dec, 2024

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2w
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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Salary related reviews for Microfinish Group

1.2

Rated by 5 employees for salary & benefits

Valve Parts Designer in Hubli

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 12 Dec 2024
4.0
 for  Salary and Benefits

Likes

Proud that I'm working in best organizations like Microfinish, but dis satisfied about my manager he doesn't let me do the design work. 😡

read more

Dislikes

Working as a Technical Engineer, it's been a two years not getting position as design.😡😡

Valve Design Engineer in Hubli

Full Time

 · 

Research & Development Department

4.0
  •  posted on 24 Sep 2023
3.0
 for  Salary and Benefits

Likes

Freedom of learning. People are friendly and helpful. Lot's of practical exposure to their applications. Industrial exposure for production and manufacturing. You will experience on what it takes to be in manufacturing industry.

read more

Dislikes

Don't expect anything or else you will have bad experience and disappointment. Be clear about your decision because what you were promised and what you work on would be totally different.

read more

Inside Sales Executive in Ittigatti

Sales Department

1.0
  •  posted on 03 Jun 2022
1.0
 for  Salary and Benefits

Likes

No positive comments. Check for negative

Dislikes

Worst company in the universe. No respect to employees. You will spoil your life if you join here. It's like living in british Era. No room for personal interest.

read more

Store Incharge

Procurement & Supply Chain Department

1.0
  •  posted on 16 Sep 2019
1.0
 for  Salary and Benefits

Likes

Some of the colleagues are good

Dislikes

Management, managers & owners are really worst I have never ever seen such cheap people and growthless company in my entire life. Never ever refer anyone in that company. Owners use bad languages to employees managers are so mean they backstab u and torture u untill u leave the company.

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Quality Engineer in Hubli

Quality Control Department

3.0
  •  posted on 11 May 2022
1.0
 for  Salary and Benefits

Likes

1) Process & manpower is nicely set as required for manufacturing. 2) Company owners are also heading respective departments & will get immediate decisions. 3) Company owners are very professional & strict with work & are knowledgable about the product. 4) Good Brand value of the company (High domestic presence & Good Raport) 5) Owners will help you financially if you are in personal problem. 6) Company's vision is strong & definitely will grow in upcoming years.

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Dislikes

1) Payment is too low & increments are meager. 2) Constant pressure. 3) No value for your experience. 4) Ask to work overtime & also on sundays when work load is more(which will be always there) 5) Owners scold with no remorse for even a minor mistake.

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More about working at Microfinish Group

Microfinish Group Salary FAQs

How much does Microfinish Group pay per year?
The average Microfinish Group salary ranges from approximately ₹2.4 Lakhs to ₹2.9 Lakhs per year for a Inside Sales Engineer and ₹6.6 Lakhs to ₹12 Lakhs per year for a Assistant Sales Manager. Salary estimates are based on 17 Microfinish Group salaries received from various employees of Microfinish Group. Microfinish Group employees rate the overall salary and benefits package 1.2/5 stars.
What is the highest salary in Microfinish Group?
The highest-paying job at Microfinish Group is a Assistant Sales Manager with a salary of ₹6.6 Lakhs to ₹12 Lakhs per year. The top 10% of employees earn more than ₹9.30 lakhs per year. The top 1% earn more than a whopping ₹19.50 lakhs per year.
What is the minimum salary in Microfinish Group?
Minimum salary at Microfinish Group depends on the role you are applying for. For Design Engineer the minimum salary is ₹2.1 Lakhs to ₹3.1 Lakhs per year, and for Production Supervisor the minimum salary is ₹2.3 Lakhs to ₹4.1 Lakhs per year and so on.
What is the notice period at Microfinish Group in Procurement & Supply Chain Department?
According to AmbitionBox, 63% of the Microfinish Group employees in Procurement & Supply Chain Department reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Microfinish Group Procurement & Supply Chain Salaries by Location

Average annual salary in Procurement & Supply Chain department at Microfinish Group is INRunlock blur . Salary estimates are based on 17 Microfinish Group latest salaries received from various employees of Microfinish Group.

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