Otis Elevator Procurement Engineer Salaries by 3 Employees

3 - 5 years exp.

₹4.2 Lakhs - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Procurement Engineer Salary in Consumer Electronics & Appliances Companies for 3 - 5 years of experience

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Last Updated: 15 Aug 2024

Companies similar to Otis Elevator for Procurement Engineer

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LG Electronics Procurement Engineer Salary 0 - 5 years exp. (20 salaries)	₹3 L/yr - ₹5 L/yr 29% less
EMERSON PROCESS MANAGEMENT Procurement Engineer Salary 0 - 9 years exp. (16 salaries)	₹1.8 L/yr - ₹8 L/yr 14% less
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FLSmidth Procurement Engineer Salary 6 - 15 years exp. (8 salaries)	₹5 L/yr - ₹10 L/yr 32% more
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Signify Procurement Engineer Salary 10 - 14 years exp. (5 salaries)	₹13 L/yr - ₹25 L/yr 256% more
Panasonic Procurement Engineer Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 35% more
Daikin Procurement Engineer Salary 7 - 10 years exp. (4 salaries)	₹5.8 L/yr - ₹7 L/yr 21% more
Schaeffler India Procurement Engineer Salary 1 - 20 years exp. (3 salaries)	₹2.5 L/yr - ₹6 L/yr 22% less
Magna International Procurement Engineer Salary 5 - 9 years exp. (3 salaries)	₹3 L/yr - ₹6.7 L/yr 2% less
Cargill Procurement Engineer Salary 2 - 5 years exp. (3 salaries)	₹3.9 L/yr - ₹6.5 L/yr 3% more
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Procurement Engineer salary at Otis Elevator ranges between ₹4.2 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Procurement Engineer salaries

Last Updated: 15 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Otis Elevator

Project Engineer Salary

(13 salaries)

₹3.84 L/yr - ₹12.14 L/yr

Sourcing Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Purchase Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5 L/yr

Executive Engineer Salary

(41 salaries)

₹4 L/yr - ₹9.5 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Procurement Executive Salary

(7 salaries)

₹2.58 L/yr - ₹9.26 L/yr

Procurement Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Procurement Specialist Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for Otis Elevator

Finance Executive in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Dec 2023

2.0

for Salary and Benefits

Likes

There's nothing that I like in OTIS, I'm just grateful for learning the utmost life lessons for personal growth

Dislikes

...lity Rating in terms of your relationship with the lead rather than performance Lot of Personal reference and salary discrimination Toxic work environment

Salary - Poor

+5 more

Asst Finance Supp in Bangalore / Bengaluru

Full Time

Other Department

4.0

• posted on 13 Feb 2025

3.0

for Salary and Benefits

Likes

...nce but when it comes to promotions this this not a company you are looking for. The company provides good salary but appraisal are also average, the only down point is the personal growth

Skill development - Good

+3 more

Dislikes

No promotions.

Promotions - Bad

ITI Electrician, Electrical Maintenance in New Delhi

Full Time

Engineering - Hardware & Networks Department

5.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

I am doing work in Otis elevator company in similarly work and repair and maintenance and installation.

Dislikes

Just time doing work in Otis elevator company in third party sub contractor pay so I want doing work in properly join duty in Otis elevator company not pay third party sub contractor.

Salary - Poor

+5 more

R&D Engineer in Bangalore / Bengaluru

Full Time

Research & Development Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

If you are not looking for salary Then go for its this company is a better place for learning 3 year at Otis boots your carrier

Skill development - Excellent

+3 more

Dislikes

Work life balance is not that much good and salary is not upto the industrial standards

Work-life balance - Poor

Manager in Bangalore / Bengaluru

Project & Program Management Department

2.0

• posted on 30 May 2022

4.0

for Salary and Benefits

Likes

...hnical expertise within OTIS after sometime you will be redundant in the market. Financially they will pay more however long-term don't expect any promotion.

Salary - Good

Dislikes

Middle management who are not subject matter expert create all problems. They will never allow to grow in the Organisation. Also there are more regional politics is there. People who can speak get more preference in the organisation. Top management listen to them and they get all promotion.

Skill development - Bad

+5 more

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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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Otis Elevator Procurement Engineer Salary FAQs

How the salary growth look like for a Procurement Engineer at Otis Elevator in India?

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

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
4 years	₹5.6 Lakhs to ₹7.1 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

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Otis Elevator Procurement Engineer Salaries

Otis Elevator Procurement Engineer salary in India ranges between ₹4.2 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Otis Elevator latest salaries received from various employees of Otis Elevator.