Novartis Procurement Specialist Salaries by 6 Employees

2 - 4 years exp.

₹3 Lakhs - ₹13.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

16% more than the average Procurement Specialist Salary in Pharma Companies for 2 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Specialist Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹15 L/yr
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Data Science & Analytics Procurement Specialist Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹17 L/yr

Last Updated: 1 Apr 2024

Companies similar to Novartis for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Teva Pharmaceuticals Procurement Specialist Salary 1 - 13 years exp. (7 salaries)	₹3.5 L/yr - ₹14.2 L/yr 9% more
Agilent Technologies Procurement Specialist Salary 6 - 11 years exp. (6 salaries)	₹7.1 L/yr - ₹10 L/yr 3% more
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Dr. Reddy's Procurement Specialist Salary 10 - 16 years exp. (4 salaries)	₹14 L/yr - ₹18 L/yr 97% more
Cipla Procurement Specialist Salary 3 - 18 years exp. (4 salaries)	₹3.9 L/yr - ₹8.6 L/yr 22% less
GlaxoSmithKline Pharmaceuticals Procurement Specialist Salary 8 - 14 years exp. (3 salaries)	₹1.6 L/yr - ₹15.5 L/yr 16% less
MSD Pharmaceuticals Procurement Specialist Salary 9 - 12 years exp. (3 salaries)	₹6.5 L/yr - ₹7.5 L/yr 12% less

Procurement Specialist salary at Novartis ranges between ₹3 Lakhs to ₹13.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Novartis.

Experience wise Novartis Procurement Specialist salaries

Last Updated: 1 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹8 L/yr
3 years (3 salaries)	₹3 L/yr - ₹12 L/yr
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4 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹17 L/yr

Similar Designation salaries in Novartis

Procurement Executive Salary

(4 salaries)

₹2.4 L/yr - ₹6.5 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sourcing Manager Salary

(5 salaries)

₹18.5 L/yr - ₹35 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹21.2 L/yr - ₹27 L/yr

Team Lead Salary

(58 salaries)

₹18.7 L/yr - ₹48 L/yr

Operations Manager Salary

(26 salaries)

₹14.05 L/yr - ₹32.23 L/yr

Senior Engineer Salary

(6 salaries)

₹12.65 L/yr - ₹35.34 L/yr

Category Manager Salary

(3 salaries)

₹15.1 L/yr - ₹27.05 L/yr

Top skills at Novartis for Procurement Specialist

Procurement Automation Project Management Operational Excellence People Development Monitoring Continuous Improvement Process automation Change Management Talent Management Business Reporting Business reporting Data Analysis Troubleshooting Quality Systems

Salary related reviews for Novartis

Team Lead in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Jan 2025

4.0

for Salary and Benefits

Likes

Work life balance is good for most of the teams. Good perks like pat leave is 6month, relaxed leave policy.

Salary - Good

+3 more

Dislikes

No scope to learn something new or ground breaking. Pay is below industry standards. Every 2-3 years they keep changing the process or team structures.

Supply Chain Manager in Hyderabad / Secunderabad

Full Time

Procurement & Supply Chain Department

4.0

• posted on 13 Apr 2023

4.0

for Salary and Benefits

Likes

Work- Life Balance is good. Flexible timing Hybrid Working - 3day/week. One of the few companies that provide 6-month Paternity leave.

Salary - Good

+4 more

Dislikes

Slow-paced learning Salary is average and hike is poor. Average hike (8-10%) This may defer from department to department, but a lot of places there is clear biasness towards certain set of people and people working are not valued. Indirectly they are asked to move out.

Promotions - Poor

Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 02 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing much only salary is on time as per payroll calendar.

Dislikes

Late promotion cycles. Promotion and salary hikes are given to people closer to management. Favouritism to department managers play key role here in development

Salary - Bad

+5 more

Data Steward in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

5.0

• posted on 24 May 2024

5.0

for Salary and Benefits

Likes

Work life balance is amazing, tech is good, salary is great, benefits are great, company culture is awesome. Lot of involvement with business stakeholders gives exposure

Salary - Excellent

+3 more

Dislikes

Opportunities for growth are less, if someone is pure techie, may get disappointed with the kind of work. Some days pressure is a lot, while most other days are quite breezy.

Skill development - Poor

+1 more

Business Process Excellence Manager in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

5.0

• posted on 03 Oct 2024

5.0

for Salary and Benefits

Likes

Transparent Salary comparison with market. Learning and growing opportunities. Your voice is counted. Flexi working hours, good management providing regular updates. Supportive seniors.

Salary - Excellent

+6 more

Dislikes

Nothing as such in my area of work.

see more salary related reviews

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What people are saying about Novartis

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a snowflake developer

2w (edited)

Novartis Job Offer

Hi everyone, I have 3.6 years of IT experience and currently work at a service-based company in Pune. My current CTC is 14 LPA (13.5 LPA fixed). I recently received an offer from Novartis Hyderabad as Data Analyst level 3 with a CTC of 19.9 LPA (18.3 LPA fixed). Is this a good offer, or is it on the lower side for my experience? Would appreciate your suggestions! Any answers from people working at Novartis pls ?

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Novartis Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Novartis ?

The average salary of a Procurement Specialist at Novartis in India typically ranges from ₹3.0 Lakhs to ₹13.3 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Procurement Specialist at Novartis earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Procurement Specialist Salaries at Novartis 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 6 Novartis employees in India.

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

The estimated take-home salary of a Procurement Specialist at Novartis in India typically ranges from ₹58,818 to ₹60,301 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹13.3 Lakhs per year for employees with experience ranging from 2 years to 4 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 6 salaries received from various employees of Novartis. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Specialist at Novartis ?

To be a Procurement Specialist at Novartis in india, the key skills required include:

- Procurement
- Automation
- Project Management
- Operational Excellence
- People Development

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

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

Dr. Reddy's	₹14.0 Lakhs to ₹18.0 Lakhs per year
Teva Pharmaceuticals	₹3.5 Lakhs to ₹14.2 Lakhs per year
Agilent Technologies	₹7.1 Lakhs to ₹10.0 Lakhs per year

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

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

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

MSD Pharmaceuticals	₹6.5 Lakhs to ₹7.5 Lakhs per year
GlaxoSmithKline Pharmaceuticals	₹1.6 Lakhs to ₹15.5 Lakhs per year
Cipla	₹3.9 Lakhs to ₹8.6 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 Novartis in India?

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

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹8.0 Lakhs per year
3 years	₹3.0 Lakhs to ₹12.0 Lakhs per year
4 years	₹5.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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Novartis Procurement Specialist Salaries

Novartis Procurement Specialist salary in India ranges between ₹3 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Novartis latest salaries received from various employees of Novartis.