Mutual Industries Sourcing Manager Salaries by 5 Employees

12 - 19 years exp.

₹8.3 Lakhs - ₹9 Lakhs

Salary of majority employees

34% less than the average Sourcing Manager Salary in Petrochemicals Companies for 12 - 19 years of experience

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Last Updated: 4 Jul 2024

Companies similar to Mutual Industries for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Sourcing Manager Salary 4 - 6 years exp. (3 salaries)	₹8 L/yr - ₹14.7 L/yr 50% more
Mahindra & Mahindra Sourcing Manager Salary 9 - 17 years exp. (37 salaries)	₹8.7 L/yr - ₹30.1 L/yr 129% more
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Hindustan Unilever Sourcing Manager Salary 14 - 16 years exp. (3 salaries)	₹18 L/yr - ₹25 L/yr 148% more
ITC Sourcing Manager Salary 3 - 9 years exp. (4 salaries)	₹14.4 L/yr - ₹26 L/yr 156% more
Infosys Sourcing Manager Salary 7 - 12 years exp. (5 salaries)	₹14 L/yr - ₹15.2 L/yr 74% more
Wipro Sourcing Manager Salary 10 - 20 years exp. (4 salaries)	₹14 L/yr - ₹22 L/yr 106% more
HDFC Bank Sourcing Manager Salary 1 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹11 L/yr 41% less
Time Technoplast Sourcing Manager Salary 8 - 16 years exp. (5 salaries)	₹6.5 L/yr - ₹9.2 L/yr 2% less
Lifelong India Sourcing Manager Salary 5 - 9 years exp. (3 salaries)	₹9 L/yr - ₹15 L/yr 41% more

Sourcing Manager salary at Mutual Industries ranges between ₹8.3 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Mutual Industries.

Experience wise Mutual Industries Sourcing Manager salaries

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹14.9 L/yr
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14 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹8.6 L/yr - ₹9 L/yr

Similar Designation salaries in Mutual Industries

Operations Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(6 salaries)

₹3.5 L/yr - ₹8 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Procurement Engineer Salary

(3 salaries)

₹2.3 L/yr - ₹3 L/yr

Team Lead Salary

(3 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Purchase Executive Salary

(3 salaries)

₹3.2 L/yr - ₹4.1 L/yr

Top skills at Mutual Industries for Sourcing Manager

Team Management Skills Negotiation Communication Skills Sourcing

Salary related reviews for Mutual Industries

1.0

Rated by 2 employees for salary & benefits

Area Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 25 May 2023

1.0

for Salary and Benefits

Likes

Worst company to work with. No value of work. They don't give daily allowance to sales person on time. Guys please don't work here even if they hire you.

Dislikes

Worst company. No salary in time. No daily allowance in time.

Salary - Bad

+6 more

Senior Manager Finance & Accounts in Dadra And Nagar Haveli

Finance & Accounting Department

1.0

• posted on 30 May 2022

1.0

for Salary and Benefits

Likes

Very bad exp. to work with non-professional Top Management, i.e. CFO, Directors etc. Only politics to run company, its not company its like lala company. Only hiring is motto on every month, not a single person satisfied in company. No job security, even HR staff change in every 6 month. Company policy change every week. no work cultute.

Dislikes

...change in every 6 month. Company policy also change every week. no work culture. even not paid salary on time. The work pressure is very high. no induction/training.

Salary - Bad

+6 more

Assistant Manager

Research & Development Department

3.0

• posted on 16 Jun 2020

2.0

for Salary and Benefits

Likes

...ive. Company policies are good, but need to some policies which helps employees. At lockdown time they gave sufficient salary (some% of ammount cutting).

Skill development - Good

+2 more

Dislikes

As usual as other company they looks company benifits than employees satisfaction.

Salary - Poor

Dispatch Supervisor in Rudrapur

Procurement & Supply Chain Department

5.0

• posted on 17 Mar 2018

4.0

for Salary and Benefits

Likes

...elf as a professional. All teammates & trainer are polit and having good naturs. Salary package is very good.

Salary - Good

+6 more

Dislikes

There is only one problem, the shift is completely of 12 hours.

Sourcing Manager in Silvassa / Dadra & Nagar Haveli

Full Time

Procurement & Supply Chain Department

1.0

• posted on 12 Jul 2023

1.0

for Salary and Benefits

Likes

Not having good vibe here, if you want to grow then stay away from this company, otherwise your life become hell, and your skill go down automatically.

Job security - Good

Dislikes

Not any single chance given to like this company. No increment No job security Worst management No skill development Labour work only

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mutual Industries Sourcing Manager Salary FAQs

What is the salary of Sourcing Manager at Mutual Industries ?

The average salary of a Sourcing Manager at Mutual Industries in India typically ranges from ₹8.3 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 12 years to 19 years).

The top 10% of Sourcing Manager at Mutual Industries earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Sourcing Manager Salaries at Mutual Industries 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 5 Mutual Industries employees in India.

What is the estimated take home salary of a Sourcing Manager at Mutual Industries in India?

The estimated take-home salary of a Sourcing Manager at Mutual Industries in India typically ranges from ₹62,385 to ₹63,970 per month. This is based on the average salary range of ₹8.3 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 12 years to 19 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 5 salaries received from various employees of Mutual Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sourcing Manager at Mutual Industries ?

To be a Sourcing Manager at Mutual Industries in india, the key skills required include:

- Team Management Skills
- Negotiation
- Communication Skills
- Sourcing

These skills are highly valued at Mutual Industries and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Mutual Industries for Sourcing Manager in India?

ITC	₹14.4 Lakhs to ₹26.0 Lakhs per year
Hindustan Unilever	₹18.0 Lakhs to ₹25.0 Lakhs per year
Mahindra & Mahindra	₹8.7 Lakhs to ₹30.1 Lakhs per year
Wipro	₹14.0 Lakhs to ₹22.0 Lakhs per year
Infosys	₹14.0 Lakhs to ₹15.2 Lakhs per year

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

What is the salary of a Sourcing Manager in companies similar to Mutual Industries in India?

The salary of a Sourcing Manager at companies similar to Mutual Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Reliance Industries	₹8.0 Lakhs to ₹14.7 Lakhs per year
Lifelong India	₹9.0 Lakhs to ₹15.0 Lakhs per year
Time Technoplast	₹6.5 Lakhs to ₹9.2 Lakhs per year
HDFC Bank	₹1.8 Lakhs to ₹11.0 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 Sourcing Manager at Mutual Industries in India?

The salary growth for a Sourcing Manager at Mutual Industries depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at Mutual Industries:

Experience	Average Salary Range
12 years	₹8.3 Lakhs to ₹8.3 Lakhs per year
13 years	₹8.3 Lakhs to ₹14.9 Lakhs per year
14 years	₹8.3 Lakhs to ₹15.0 Lakhs per year
15 years	₹8.6 Lakhs to ₹9.0 Lakhs per year

and so on.

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Mutual Industries Sourcing Manager Salaries

Mutual Industries Sourcing Manager salary in India ranges between ₹8.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mutual Industries latest salaries received from various employees of Mutual Industries.