NexGen Technologies Procurement Specialist Salaries by 5 Employees

4 - 5 years exp.

₹5.5 Lakhs - ₹6.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average Procurement Specialist Salary in Internet Companies for 4 - 5 years of experience

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Last Updated: 19 Sep 2023

Companies similar to NexGen Technologies for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Flipkart Procurement Specialist Salary 3 - 8 years exp. (10 salaries)	₹5 L/yr - ₹12 L/yr 42% more
Flex Procurement Specialist Salary 3 - 10 years exp. (510 salaries)	₹3.5 L/yr - ₹8.2 L/yr 9% more
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IBM Procurement Specialist Salary 0 - 6 years exp. (388 salaries)	₹2.1 L/yr - ₹9.3 L/yr 21% less
DuPont Procurement Specialist Salary 0 - 5 years exp. (260 salaries)	₹2.5 L/yr - ₹6.9 L/yr 34% less
SoftwareOne Procurement Specialist Salary 3 - 11 years exp. (219 salaries)	₹4.2 L/yr - ₹10.6 L/yr 25% more

Procurement Specialist salary at NexGen Technologies ranges between ₹5.5 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of NexGen Technologies.

Experience wise NexGen Technologies Procurement Specialist salaries

Last Updated: 19 Sep 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.8 L/yr
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5 years (3 salaries)	₹5.5 L/yr - ₹6.8 L/yr

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₹6 L/yr - ₹8.29 L/yr

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₹3.6 L/yr - ₹4.6 L/yr

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₹8.5 L/yr - ₹16 L/yr

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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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NexGen Technologies Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at NexGen Technologies ?

The average salary of a Procurement Specialist at NexGen Technologies in India typically ranges from ₹5.5 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Procurement Specialist at NexGen Technologies earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Procurement Specialist Salaries at NexGen Technologies 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 NexGen Technologies employees in India.

What is the estimated take home salary of a Procurement Specialist at NexGen Technologies in India?

The estimated take-home salary of a Procurement Specialist at NexGen Technologies in India typically ranges from ₹48,157 to ₹49,296 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 4 years to 5 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 NexGen Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than NexGen Technologies for Procurement Specialist in India?

Flipkart	₹5.0 Lakhs to ₹12.0 Lakhs per year
SoftwareOne	₹4.2 Lakhs to ₹10.6 Lakhs per year
Flex	₹3.5 Lakhs to ₹8.2 Lakhs per year

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

What is the salary of a Procurement Specialist in companies similar to NexGen Technologies in India?

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

IBM	₹2.1 Lakhs to ₹9.3 Lakhs per year
DuPont	₹2.5 Lakhs to ₹6.9 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 Specialist at NexGen Technologies in India?

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

Experience	Average Salary Range
4 years	₹5.8 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.5 Lakhs to ₹6.8 Lakhs per year

and so on.

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NexGen Technologies Procurement Specialist Salaries

NexGen Technologies Procurement Specialist salary in India ranges between ₹5.5 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 NexGen Technologies latest salaries received from various employees of NexGen Technologies.