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Oaknorth Bank

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2.9

based on 121 Reviews

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Oaknorth Bank Procurement Manager salaries in Gurgaon / Gurugram

Annual salary range
12 - 14 years exp.
₹20 Lakhs - ₹21.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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23% more than the average Procurement Manager Salary in Banking Companies for 12 - 14 years of experience

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Last Updated: 7 Dec 2024

Companies similar to Oaknorth Bank for Procurement Manager in Gurgaon / Gurugram

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Oaknorth Bank Procurement Manager Salary

12 - 14 years exp. (4 salaries)
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₹20 L/yr - ₹21.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Reckitt Benckiser Procurement Manager Salary

8 - 17 years exp. (18 salaries)
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₹31 L/yr - ₹45 L/yr

arrow icon 84% more
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BT Group Procurement Manager Salary

10 - 21 years exp. (17 salaries)
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₹15.4 L/yr - ₹36.5 L/yr

arrow icon 31% more
 1 job opening
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RSPL Group Procurement Manager Salary

8 - 20 years exp. (15 salaries)
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₹9.1 L/yr - ₹20 L/yr

arrow icon 28% less
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BT Business Procurement Manager Salary

11 - 17 years exp. (14 salaries)
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₹22.4 L/yr - ₹37.1 L/yr

arrow icon 41% more
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JLL Procurement Manager Salary

11 - 15 years exp. (11 salaries)
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₹9.5 L/yr - ₹21 L/yr

arrow icon 23% less
 1 job opening
Procurement Manager salary at Oaknorth Bank ranges between ₹20 Lakhs to ₹21.8 Lakhs per year for employees with experience between 12 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Oaknorth Bank.

Latest annual salaries shared by Oaknorth Bank Procurement Manager in Gurgaon / Gurugram

3mo ago
₹20 Lakhs
14 years exp.
11mo ago
₹20 Lakhs
13 years exp.
1y ago
₹20 Lakhs
13 years exp.

Experience wise Oaknorth Bank Procurement Manager salaries in Gurgaon / Gurugram

Last Updated: 7 Dec 2024

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹19.6 L/yr - ₹25.1 L/yr
13 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Salary related reviews for Oaknorth Bank

Financial Consultant in Gurgaon / Gurugram

Finance Department

1.0
  •  posted on 10 Dec 2021
1.0
 for  Salary and Benefits

Likes

Pay is higher than market rate. But other than this, everything is worse.

read more

Dislikes

No job security. No work life balance. One manager who served for years was fired. Another manager resigned after couple of months as he was never allowed to take any leave. Employees are treated as work horses, working till 2 in morning during month end. No training provided. Cutthroat pressure from day 1. Even exit interview is not taken from resigned employees and they make us sign on clearance form that it is taken.

read more
  • Salary - Bad
    • +6 more

Associate/Senior Associate -(Nontechnical) in Gurgaon / Gurugram

Credit Underwriting Department

1.0
  •  posted on 26 Aug 2020
3.0
 for  Salary and Benefits

Likes

Nothing except the fact that they pay above industry standards

Dislikes

They say they use AI in processing the loans but there is no such thing as AI. They force Credit Analysts to work hastily while they portray as if it is AI (Artificial Intelligence) based lending. Company culture is worst and the kind of work done here doesn't have any demand in the market so switching options are also limited.

read more
  • Skill development - Poor
    • +4 more

Vice President in Gurgaon / Gurugram

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 14 Feb 2025
4.0
 for  Salary and Benefits

Likes

The CEOs are trying and have a good product however the UK stakeholder and Indian senior leaders are in a constant tussle for power, neither is ready to budge causing team members to be in a fight or flight mode.

read more
  • Salary - Good

Dislikes

Leadership in UK are not colaborative they feel they are always right

  • Skill development - Bad
    • +4 more

System Engineer in New Delhi

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 27 Jun 2024
4.0
 for  Salary and Benefits

Likes

Everything is good with the company buy there is no job security. Company will be fire you anytime they feel. If do not want to take risk then look for alternative. Rest everything is fine. Only thing is no job security.

read more
  • Salary - Good
    • +4 more

Dislikes

Hire and fire

  • Job security - Bad
    • +1 more

People Operations Manager in Bangalore / Bengaluru

Full Time

 · 

Human Resources Department

1.0
  •  posted on 13 Apr 2021
3.0
 for  Salary and Benefits

Likes

Nothing except for compensation which was marginally better than the competors.

Dislikes

The work culture was pretty toxic, management did not like hearing your opinions. Absolutely no opportunities given for growth and development. And one day we were just informed out of blue, without any prior warning absolutely that we were being let go.

read more
  • Skill development - Bad
    • +5 more
see more salary related reviews

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New offer. Confused.
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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Oaknorth Bank Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Oaknorth Bank in Gurgaon / Gurugram?
The average salary of a Procurement Manager at Oaknorth Bank in Gurgaon / Gurugram typically ranges from ₹20.0 Lakhs to ₹21.8 Lakhs per year, depending on experience (from 12 years to 14 years).

The top 10% of Procurement Manager in Gurgaon / Gurugram at Oaknorth Bank earn more than ₹21.8 Lakhs per year, and the top 1% earn over ₹21.8 Lakhs per year. Procurement Manager Salaries at Oaknorth Bank 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 Oaknorth Bank employees in India.
What is the estimated take home salary of a Procurement Manager at Oaknorth Bank in Gurgaon / Gurugram?
The estimated take-home salary of a Procurement Manager at Oaknorth Bank in Gurgaon / Gurugram typically ranges from ₹1,34,152 to ₹1,39,081 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹21.8 Lakhs per year for employees with experience ranging from 12 years to 14 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 Oaknorth Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Oaknorth Bank for Procurement Manager in India?
Reckitt Benckiser ₹31.0 Lakhs to ₹45.0 Lakhs per year
BT Business ₹22.4 Lakhs to ₹37.1 Lakhs per year
BT Group ₹15.4 Lakhs to ₹36.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Oaknorth Bank, depending on the role and experience level.
What is the salary of a Procurement Manager in companies similar to Oaknorth Bank in Gurgaon / Gurugram?
The salary of a Procurement Manager at companies similar to Oaknorth Bank in Gurgaon / Gurugram varies, depending on the role, experience, and company size. Here are the typical salary ranges:

JLL ₹9.5 Lakhs to ₹21.0 Lakhs per year
RSPL Group ₹9.1 Lakhs to ₹20.0 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 Manager at Oaknorth Bank in Gurgaon / Gurugram?
The salary growth for a Procurement Manager at Oaknorth Bank in Gurgaon / Gurugram depends on factors such as experience, performance, and promotions. On average, a Procurement Manager in Gurgaon / Gurugram can expect the following growth trajectory at Oaknorth Bank:

Experience Average Salary Range
12 years ₹19.6 Lakhs to ₹25.1 Lakhs per year
13 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
14 years ₹18.0 Lakhs to ₹23.0 Lakhs per year
and so on.

Tell us how to improve this page.

Oaknorth Bank Procurement Manager salary in Gurgaon / Gurugram ranges between ₹20 Lakhs to ₹21.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Oaknorth Bank latest salaries received from various employees of Oaknorth Bank.