Nidec Corporation Senior Procurement Engineer Salaries by 4 Employees

5 - 13 years exp.

₹6.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Senior Procurement Engineer Salary in Industrial Machinery Companies for 5 - 13 years of experience

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Salaries in different departments

Procurement & Supply Chain Senior Procurement Engineer Salary 10 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr
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Production, Manufacturing & Engineering Senior Procurement Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 6 Apr 2024

Companies similar to Nidec Corporation for Senior Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Senior Procurement Engineer Salary 6 - 9 years exp. (4 salaries)	₹14.3 L/yr - ₹15 L/yr 80% more
TCS Senior Procurement Engineer Salary 2 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6.5 L/yr 28% less
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Wipro Senior Procurement Engineer Salary 4 - 7 years exp. (3 salaries)	₹6 L/yr - ₹7.6 L/yr 15% less
Reliance Industries Senior Procurement Engineer Salary 6 - 14 years exp. (5 salaries)	₹11.8 L/yr - ₹19.1 L/yr 77% more
Kirloskar Pneumatic Senior Procurement Engineer Salary 2 - 12 years exp. (10 salaries)	₹4.4 L/yr - ₹7.3 L/yr 23% less
Konecranes Senior Procurement Engineer Salary 2 - 6 years exp. (5 salaries)	₹5 L/yr - ₹6.3 L/yr 34% less
Bonfiglioli Transmissions Private Limited Senior Procurement Engineer Salary 7 - 11 years exp. (5 salaries)	₹6.1 L/yr - ₹10 L/yr 2% more
Buhler Senior Procurement Engineer Salary 7 - 9 years exp. (4 salaries)	₹6 L/yr - ₹7.4 L/yr 16% less

Senior Procurement Engineer salary at Nidec Corporation ranges between ₹6.5 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Nidec Corporation.

Experience wise Nidec Corporation Senior Procurement Engineer salaries

Last Updated: 6 Apr 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Nidec Corporation

Procurement Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(45 salaries)

₹4.96 L/yr - ₹10.34 L/yr

Purchase Engineer Salary

(4 salaries)

₹4.01 L/yr - ₹5.22 L/yr

Procurement Executive Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Purchase Executive Salary

(4 salaries)

₹4.4 L/yr - ₹7 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Operations Manager Salary

(3 salaries)

₹18 L/yr - ₹22 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹28.6 L/yr - ₹36.6 L/yr

Deputy Manager Salary

(13 salaries)

₹11.5 L/yr - ₹18.5 L/yr

Salary related reviews for Nidec Corporation

Production Engineer in Neemrana

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 06 May 2023

4.0

for Salary and Benefits

Likes

Learning environment us good for all beginners. Supporting staff and management .

Salary - Good

+6 more

Dislikes

Salary structure depends your previous CTC not on your interview experience. Same degination employee have different salary structure

Production Engineer in Neemrana

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 01 Jul 2023

2.0

for Salary and Benefits

Likes

...) , Bonus for salary below 20K, Job security as 3 months notice period is there. Salary on time comes before month end.

Job security - Good

Dislikes

12 hours shift working mostly, Sunday working, very heat up and poisoning environment in production. Non supporting HR dept. No training to production staff. Dress code is okay but dress material is worst.

Salary - Poor

+5 more

Plant Maintenance

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 May 2020

2.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that i am a part of a team that markets reliable, high quality products and has a global client base.

Work satisfaction - Good

+1 more

Dislikes

Compensation is decent, but growth is slow.

Salary - Poor

+3 more

Assistant Manager in Bangalore / Bengaluru

Engineering Department

4.0

• posted on 16 Apr 2019

3.0

for Salary and Benefits

Likes

...for experienced, good culture and motivated managers, MNC with Japan technology. Good compensation in a city limits. Encouraging mangers and management.

Skill development - Good

Dislikes

Compensation is decent, but growth is slow. the work pressure is very high. there is no online training for fresher's,

Production Shift Leader Incharge Injection Moulding

Production supervisor Department

4.0

• posted on 14 Aug 2018

for Salary and Benefits

Likes

I am interested working in nidec because a good location & good place but my appraisal salary present salary to 20%

Work-life balance - Good

Dislikes

I am Like nidec India Pvt Ltd neemrana But not dislike because all facility provide

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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Nidec Corporation Senior Procurement Engineer Salary FAQs

What is the salary of Senior Procurement Engineer at Nidec Corporation ?

The average salary of a Senior Procurement Engineer at Nidec Corporation in India typically ranges from ₹6.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Senior Procurement Engineer at Nidec Corporation earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Procurement Engineer Salaries at Nidec Corporation 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 Nidec Corporation employees in India.

What is the estimated take home salary of a Senior Procurement Engineer at Nidec Corporation in India?

The estimated take-home salary of a Senior Procurement Engineer at Nidec Corporation in India typically ranges from ₹59,546 to ₹61,050 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 5 years to 13 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 Nidec Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nidec Corporation for Senior Procurement Engineer in India?

BHEL	₹14.3 Lakhs to ₹15.0 Lakhs per year
Reliance Industries	₹11.8 Lakhs to ₹19.1 Lakhs per year
Bonfiglioli Transmissions Private Limited	₹6.1 Lakhs to ₹10.0 Lakhs per year

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

What is the salary of a Senior Procurement Engineer in companies similar to Nidec Corporation in India?

The salary of a Senior Procurement Engineer at companies similar to Nidec Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro	₹6.0 Lakhs to ₹7.6 Lakhs per year
Buhler	₹6.0 Lakhs to ₹7.4 Lakhs per year
Kirloskar Pneumatic	₹4.4 Lakhs to ₹7.3 Lakhs per year
TCS	₹5.0 Lakhs to ₹6.5 Lakhs per year
Konecranes	₹5.0 Lakhs to ₹6.3 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 Senior Procurement Engineer at Nidec Corporation in India?

The salary growth for a Senior Procurement Engineer at Nidec Corporation depends on factors such as experience, performance, and promotions. On average, a Senior Procurement Engineer can expect the following growth trajectory at Nidec Corporation:

Experience	Average Salary Range
5 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
11 years	₹7.5 Lakhs to ₹9.5 Lakhs per year
13 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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Nidec Corporation Senior Procurement Engineer Salaries

Nidec Corporation Senior Procurement Engineer salary in India ranges between ₹6.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nidec Corporation latest salaries received from various employees of Nidec Corporation.