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Morningstar Procurement Manager salaries in Mumbai

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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64% 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 in Mumbai

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Morningstar Procurement Manager Salary

9 - 11 years exp. (3 salaries)

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₹19 L/yr - ₹29.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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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. (63 salaries)

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₹7.4 L/yr - ₹36.4 L/yr

arrow icon 31% less
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₹13.8 L/yr - ₹37 L/yr

arrow icon 27% less
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Hindustan Unilever Procurement Manager Salary

7 - 16 years exp. (23 salaries)

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₹18.5 L/yr - ₹73.1 L/yr

arrow icon 57% more
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Afcons Infrastructure Procurement Manager Salary

11 - 18 years exp. (16 salaries)

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₹14 L/yr - ₹22 L/yr

arrow icon 34% 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 in Mumbai

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

Experience wise Morningstar Procurement Manager salaries in Mumbai

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

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

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 02 Jan 2025

4.0
 for  Salary and Benefits

Likes

The work culture is pretty good if you compare it to the Big 4s or the major Indian firms. The work itself is not too stressful, although it depends on your team and the manager.

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Dislikes

Expect absolutely 0% growth in your career and skills during your time here. This is a dead end job which will just be good to pay your bills but kill your growth in the long run. It’s like working at a 100 year old Indian Public Bank with the same systems and processes, copy and paste model. You’ll always feel stuck and frustrated here no matter how long you’ve been here. I’d advise working at a different company where you’ll have to burn the midnight oil for a year, but could equip yourself with the right skills ensuring long term growth. This job is for those who’ve been defeated by luck, who were left with no other choice but to accept this job. If you are in a desperate need of a job, like many people in the country at the moment, then you can go for this one. It’s decent as compared to the toxic environment in other major firms in our nation. But don’t expect any progress in your professional life.

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Full Time

 · 

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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Dislikes

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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Full Time

 · 

Product Management Department

3.0
  •  posted on 23 Jul 2024

1.0
 for  Salary and Benefits

Likes

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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Full Time

 · 

BFSI, Investments & Trading Department

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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Full Time

 · 

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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Morningstar Procurement Manager Salary FAQs

What is the notice period for Procurement Manager at Morningstar in Mumbai?
According to AmbitionBox, 100% of the Morningstar Procurement Manager s in Mumbai 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 Mumbai 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.