Nedspice Processing India Procurement Executive Salaries by 4 Employees

1 - 7 years exp.

₹4.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Procurement Executive Salary in Food Processing Companies for 1 - 7 years of experience

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Salaries in different departments

Merchandising, Retail & eCommerce Procurement Executive Salary 5 - 7 years exp. (3 salaries)	₹4.1 L/yr - ₹5 L/yr
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Procurement & Supply Chain Procurement Executive Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 30 Dec 2023

Companies similar to Nedspice Processing India for Procurement Executive

Company name	Avg Annual Salary	Open Jobs
Imerys Procurement Executive Salary 5 - 12 years exp. (4 salaries)	₹5.5 L/yr - ₹11.9 L/yr 90% more
Lucy Electric Procurement Executive Salary 3 years exp. (3 salaries)	₹3.8 L/yr - ₹4.9 L/yr 6% less
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Maxxis Rubber Procurement Executive Salary 5 - 8 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr 2% less
Swiggy Procurement Executive Salary 0 - 8 years exp. (161 salaries)	₹2.2 L/yr - ₹5 L/yr 14% less
ElasticRun Procurement Executive Salary 1 - 7 years exp. (114 salaries)	₹2.1 L/yr - ₹5.7 L/yr 11% less

Procurement Executive salary at Nedspice Processing India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Nedspice Processing India.

Experience wise Nedspice Processing India Procurement Executive salaries

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Nedspice Processing India

Deputy Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Salary related reviews for Nedspice Processing India

Assistant Manager Procurement in Kochi/Cochin

Full Time

Procurement & Supply Chain Department

5.0

• posted on 09 Aug 2023

3.0

for Salary and Benefits

Likes

Nedspice has shaped my career as a Procurement professional by getting me introduced to the spice and food industry and I have always learned new things every day and with new challenges have made me more sensible on taking commercial decisions with regards to planning and purchase.

Skill development - Excellent

+1 more

Dislikes

The company is always great to work with but it's the people who spoils the fun by focusing more on favouritisim and the management calls its politics free but it's vice versa and due to this they have lost great hands.

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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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Nedspice Processing India Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Nedspice Processing India ?

The average salary of a Procurement Executive at Nedspice Processing India in India typically ranges from ₹4.1 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Procurement Executive at Nedspice Processing India earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Procurement Executive Salaries at Nedspice Processing India 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 Nedspice Processing India employees in India.

What is the estimated take home salary of a Procurement Executive at Nedspice Processing India in India?

The estimated take-home salary of a Procurement Executive at Nedspice Processing India in India typically ranges from ₹33,547 to ₹34,809 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 1 year to 7 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 Nedspice Processing India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nedspice Processing India for Procurement Executive in India?

Imerys

₹5.5 Lakhs to ₹11.9 Lakhs per year

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

What is the salary of a Procurement Executive in companies similar to Nedspice Processing India in India?

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

Maxxis Rubber	₹3.8 Lakhs to ₹4.8 Lakhs per year
Lucy Electric	₹3.8 Lakhs to ₹4.9 Lakhs per year
ElasticRun	₹2.1 Lakhs to ₹5.7 Lakhs per year
Swiggy	₹2.2 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 Executive at Nedspice Processing India in India?

The salary growth for a Procurement Executive at Nedspice Processing India depends on factors such as experience, performance, and promotions. On average, a Procurement Executive can expect the following growth trajectory at Nedspice Processing India:

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹5.2 Lakhs per year
5 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
7 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Nedspice Processing India Procurement Executive Salaries

Nedspice Processing India Procurement Executive salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nedspice Processing India latest salaries received from various employees of Nedspice Processing India.