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Morningstar Procurement Manager salaries in India

Annual salary range
9 - 11 years exp.
₹19 Lakhs - ₹29.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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65% more than the average Procurement Manager Salary in Financial Services Companies for 9 - 11 years of experience

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Last Updated: 30 Apr 2023

Companies similar to Morningstar for Procurement Manager

Company name Avg Annual Salary Open Jobs
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Sun Life Financial Procurement Manager Salary

10 - 15 years exp. (6 salaries)

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₹22 L/yr - ₹26.5 L/yr

arrow icon 11% less
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Sharekhan Procurement Manager Salary

7 - 10 years exp. (4 salaries)

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₹11 L/yr - ₹11.2 L/yr

arrow icon 57% less
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Reliance Industries Procurement Manager Salary

1 - 20 years exp. (131 salaries)

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₹7.3 L/yr - ₹36.3 L/yr

arrow icon 32% less
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Dunzo Procurement Manager Salary

1 - 10 years exp. (103 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 80% less
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Tata Steel Procurement Manager Salary

0 - 12 years exp. (98 salaries)

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₹6 L/yr - ₹24.5 L/yr

arrow icon 45% less
Procurement Manager salary at Morningstar ranges between ₹19 Lakhs to ₹29.5 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Morningstar.

Latest annual salaries shared by Morningstar Procurement Manager

1y ago
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11 years exp.
1y ago
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9 years exp.
1y ago
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10 years exp.

Experience wise Morningstar Procurement Manager salaries

Last Updated: 30 Apr 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.9 L/yr
10 years (AmbitionBox Estimate)

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₹26.6 L/yr - ₹33.9 L/yr
11 years (AmbitionBox Estimate)

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₹26.6 L/yr - ₹33.9 L/yr

Similar Designation salaries in Morningstar

Dispatch Executive Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr
Procurement Executive Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Top skills at Morningstar for Procurement Manager

Purchase Vendor Management Housekeeping Management IT Procurement Facilities Partnership Management Indirect Procurement Procurement Vendor Development Supplier Management Supplier Development Advanced Excel Strategic Partnerships

Salary related reviews for Morningstar

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Customer Success, Service & Operations Department

4.0
  •  posted on 25 Dec 2024

5.0
 for  Salary and Benefits

Likes

... life Balance. Structured Training and Excellent Work Culture to learn and grow. In short it's a good company to join for Freshers as it is offering decent package for them.

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After a point of time, Promotions and growth are a bit slow. Also the work here what most of the Teams/Departments do is more of Collection in nature and not of that Research.

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3.0
  •  posted on 23 Jul 2024

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 for  Salary and Benefits

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1) Morningstar is very employee-centric company. 2) Best work-life balance that I have seen 3) Work=life satisfaction and compnay culture are much better than other companies, but at the cost of low pay.

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Dislikes

1) Morningstar is one of the lowest_paying companies compared to industry standards. 2) There is zero tranparency regarding promotion and appaisals. 3) The company has a very high turnover for the above reasons.

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1.0
  •  posted on 24 Dec 2024

1.0
 for  Salary and Benefits

Likes

Nothing cost cutting it sucks big time

Dislikes

...ple to work like a BPO, where you will slog for 10-12 hours and give production. Company is working on hiring only freshers salary is peanuts

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Finance & Accounting Department

4.0
  •  posted on 06 Feb 2024

2.0
 for  Salary and Benefits

Likes

Great company culture, high job security, not too much workload, good work life balance, currently some business units have hybrid work mode which is good for flexibility and work life balance,

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Dislikes

... which reduces flexibility. Promotions/appraisal opportunities are few and slow. Pay is average.

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 · 

Other Department

3.0
  •  posted on 18 Oct 2023

2.0
 for  Salary and Benefits

Likes

It is a good company for freshers to start their career with. As a fresher this company offers decent salary.

read more

Dislikes

There is almost no promotions in this company. From the growth perspective it is not recommended to anyone to stay in this company for longer period of time as you will only stick to the work you are doing with a tiny amount of appraisal and many a times no appraisal at all. The work is monotonous there is no scope of promotion even if you perform exceptionally well.

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Morningstar Procurement Manager Salary FAQs

What is the notice period for Procurement Manager at Morningstar?
According to AmbitionBox, 100% of the Morningstar Procurement Manager s reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Morningstar Procurement Manager salary in India ranges between ₹19 Lakhs to ₹29.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Morningstar latest salaries received from various employees of Morningstar.