Montecarlo Construction Procurement Engineer Salaries by 4 Employees

8 - 10 years exp.

₹3.8 Lakhs - ₹5.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Procurement Engineer Salary in Engineering & Construction Companies for 8 - 10 years of experience

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Last Updated: 14 Dec 2024

Companies similar to Montecarlo Construction for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
L&T Construction Procurement Engineer Salary 1 - 8 years exp. (20 salaries)	₹2.2 L/yr - ₹8.5 L/yr 10% more
BGR Energy Systems Procurement Engineer Salary 0 - 7 years exp. (17 salaries)	₹2.9 L/yr - ₹7 L/yr 16% less
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L&T Energy Hydrocarbon Procurement Engineer Salary 1 - 11 years exp. (16 salaries)	₹1.2 L/yr - ₹7.5 L/yr 9% more
ITD Cementation India Procurement Engineer Salary 2 - 5 years exp. (10 salaries)	₹4.4 L/yr - ₹6.5 L/yr 17% more
Neilsoft Procurement Engineer Salary 3 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹7.6 L/yr 12% more
Technip Energies Procurement Engineer Salary 2 - 6 years exp. (7 salaries)	₹3.8 L/yr - ₹5 L/yr At par
Saipem Procurement Engineer Salary 4 - 8 years exp. (6 salaries)	₹5 L/yr - ₹7.9 L/yr 28% more
Toyo Engineering Procurement Engineer Salary 1 - 6 years exp. (5 salaries)	₹3.8 L/yr - ₹11 L/yr 47% more
Ashoka Buildcon Procurement Engineer Salary 4 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹4 L/yr 21% less
Bridge & Roof Co Procurement Engineer Salary 0 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹6 L/yr 18% less
AtkinsRealis Procurement Engineer Salary 1 - 7 years exp. (3 salaries)	₹9 L/yr - ₹11 L/yr 124% more
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McDermott International Procurement Engineer Salary 0 - 9 years exp. (3 salaries)	₹6 L/yr - ₹10.2 L/yr 82% more
Pennar Industries Procurement Engineer Salary 3 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5.5 L/yr 6% more

Procurement Engineer salary at Montecarlo Construction ranges between ₹3.8 Lakhs to ₹5.9 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Montecarlo Construction.

Experience wise Montecarlo Construction Procurement Engineer salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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10 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr

Similar Designation salaries in Montecarlo Construction

Procurement Officer Salary

(4 salaries)

₹3.6 L/yr - ₹6.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Executive Engineer Salary

(4 salaries)

₹5 L/yr - ₹5.6 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Assistant Engineer Salary

(47 salaries)

₹2.1 L/yr - ₹4.2 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Senior Engineer Salary

(41 salaries)

₹4.8 L/yr - ₹8 L/yr

Junior Engineer Salary

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₹1.95 L/yr - ₹3.15 L/yr

Salary related reviews for Montecarlo Construction

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Akola

Full Time

Project & Program Management Department

1.0

• posted on 31 Jul 2024

3.0

for Salary and Benefits

Likes

Salary on time, being a Gujarati I have received some help from other staff but if you from other states don’t expect any help. Montecarlo is good for Gujarati.

Dislikes

Job security is very low, MD is very aggressive no mercy for any mistakes in work even for first time. Site is cool but as per my choice please don’t join head office.

Job security - Bad

+3 more

Assistant Manager Procurement in Patna

Full Time

Procurement & Supply Chain Department

5.0

• posted on 20 Aug 2023

4.0

for Salary and Benefits

Likes

As per top 10 construction company sallery provide in time in every months. We got appraisal as per performance in every year & also got promoted. Montecarlo Ltd slogan born to achieve is Best for future 👍

Salary - Good

+6 more

Dislikes

First thing for family accomodation. Second salary difference between old and new employee.

Assistant Electrical Engineer in Madhubani

Full Time

Construction & Site Engineering Department

5.0

• posted on 10 Feb 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Helper in Purnia

Full Time

Other Department

1.0

• posted on 21 Mar 2021

1.0

for Salary and Benefits

Likes

I am with b.tech working at helper designation from 2years till now but no salary increment at purnea 3220. Life is hell. Working time 9 am to 10:30 pm. But no progress.

Dislikes

I have not a strong reference that’s why I am...

Salary - Bad

+6 more

Junior Accountant in Jalna

Finance & Accounting Department

3.0

• posted on 03 Jan 2021

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Promotions - Good

+1 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.

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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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Montecarlo Construction Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Montecarlo Construction ?

The average salary of a Procurement Engineer at Montecarlo Construction in India typically ranges from ₹3.8 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Procurement Engineer at Montecarlo Construction earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Procurement Engineer Salaries at Montecarlo Construction 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 Montecarlo Construction employees in India.

What is the estimated take home salary of a Procurement Engineer at Montecarlo Construction in India?

The estimated take-home salary of a Procurement Engineer at Montecarlo Construction in India typically ranges from ₹34,436 to ₹35,684 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 8 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 4 salaries received from various employees of Montecarlo Construction. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Montecarlo Construction for Procurement Engineer in India?

AtkinsRealis	₹9.0 Lakhs to ₹11.0 Lakhs per year
McDermott International	₹6.0 Lakhs to ₹10.2 Lakhs per year
Toyo Engineering	₹3.8 Lakhs to ₹11.0 Lakhs per year
Saipem	₹5.0 Lakhs to ₹7.9 Lakhs per year
ITD Cementation India	₹4.4 Lakhs to ₹6.5 Lakhs per year

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

What is the salary of a Procurement Engineer in companies similar to Montecarlo Construction in India?

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

Neilsoft	₹3.5 Lakhs to ₹7.6 Lakhs per year
L&T Construction	₹2.2 Lakhs to ₹8.5 Lakhs per year
L&T Energy Hydrocarbon	₹1.2 Lakhs to ₹7.5 Lakhs per year
Pennar Industries	₹3.6 Lakhs to ₹5.5 Lakhs per year
Technip Energies	₹3.8 Lakhs to ₹5.0 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 Engineer at Montecarlo Construction in India?

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

Experience	Average Salary Range
8 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
9 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
10 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Montecarlo Construction Procurement Engineer Salaries

Montecarlo Construction Procurement Engineer salary in India ranges between ₹3.8 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Montecarlo Construction latest salaries received from various employees of Montecarlo Construction.