Otis Elevator Procurement Executive Salaries by 7 Employees

2 - 12 years exp.

₹2.6 Lakhs - ₹9.3 Lakhs

Low Confidence

Salary of majority employees

33% more than the average Procurement Executive Salary in Consumer Electronics & Appliances Companies for 2 - 12 years of experience

Interested in this particular role?

Last Updated: 6 Dec 2024

Companies similar to Otis Elevator for Procurement Executive

Company name	Avg Annual Salary	Open Jobs
Daikin Procurement Executive Salary 3 - 13 years exp. (8 salaries)	₹3.7 L/yr - ₹7.5 L/yr 2% less
Panasonic Procurement Executive Salary 0 - 5 years exp. (7 salaries)	₹4.5 L/yr - ₹6 L/yr 7% less
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Reckitt Benckiser Procurement Executive Salary 3 - 23 years exp. (6 salaries)	₹3.1 L/yr - ₹12 L/yr 20% more
Siemens Energy Procurement Executive Salary 1 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹6.8 L/yr 3% more
Diageo Procurement Executive Salary 1 - 12 years exp. (5 salaries)	₹1.5 L/yr - ₹9 L/yr 12% less
Xiaomi Procurement Executive Salary 1 - 11 years exp. (4 salaries)	₹3.1 L/yr - ₹5.8 L/yr 33% less
Schaeffler India Procurement Executive Salary 2 - 24 years exp. (4 salaries)	₹2.6 L/yr - ₹8.6 L/yr 6% less
EMERSON PROCESS MANAGEMENT Procurement Executive Salary 2 - 6 years exp. (4 salaries)	₹6.7 L/yr - ₹9.3 L/yr 37% more
Mondelez International Procurement Executive Salary 2 - 25 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr 45% less
Cargill Procurement Executive Salary 2 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹4.2 L/yr 36% less
FLSmidth Procurement Executive Salary 3 - 17 years exp. (3 salaries)	₹3 L/yr - ₹6 L/yr 25% less
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Michelin Procurement Executive Salary 12 - 14 years exp. (3 salaries)	₹5 L/yr - ₹8 L/yr 5% more

Procurement Executive salary at Otis Elevator ranges between ₹2.6 Lakhs to ₹9.3 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of Otis Elevator.

Experience wise Otis Elevator Procurement Executive salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.6 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹14.3 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.3 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹9.3 L/yr

View all

Similar Designation salaries in Otis Elevator

Procurement Specialist Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Procurement Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹6.2 L/yr

Store Executive Salary

(3 salaries)

₹3.4 L/yr - ₹6 L/yr

Purchase Executive Salary

(20 salaries)

₹1.05 L/yr - ₹8.9 L/yr

Procurement Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Procurement Analyst Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Supply Chain Executive Salary

(4 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Store Incharge Salary

(4 salaries)

₹1.8 L/yr - ₹9.5 L/yr

Purchase Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5 L/yr

Salary related reviews for Otis Elevator

3.0

Rated by 1 employees for salary & benefits

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

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

System Engineer in Jigani, Bangalore

Full Time

Research & Development Department

5.0

• posted on 03 Jul 2022

3.0

for Salary and Benefits

Likes

Working at Otis is my memorable days in terms of learning, development (personal & professional) and supportive colleagues as wall as managers.Overall personality development along with work we can experience here.

Skill development - Excellent

+5 more

Dislikes

My reason to switch company is only financial issue otherwise I would have never left this company and salary offered to me was not compatible.

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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Otis Elevator Procurement Executive Salary FAQs

What is the salary of Procurement Executive at Otis Elevator ?

The average salary of a Procurement Executive at Otis Elevator in India typically ranges from ₹2.6 Lakhs to ₹9.3 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Procurement Executive at Otis Elevator earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.3 Lakhs per year. Procurement Executive Salaries at Otis Elevator 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 7 Otis Elevator employees in India.

What is the estimated take home salary of a Procurement Executive at Otis Elevator in India?

The estimated take-home salary of a Procurement Executive at Otis Elevator in India typically ranges from ₹43,519 to ₹44,631 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹9.3 Lakhs per year for employees with experience ranging from 2 years to 12 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 7 salaries received from various employees of Otis Elevator. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Otis Elevator for Procurement Executive in India?

EMERSON PROCESS MANAGEMENT	₹6.7 Lakhs to ₹9.3 Lakhs per year
Reckitt Benckiser	₹3.1 Lakhs to ₹12.0 Lakhs per year
Michelin	₹5.0 Lakhs to ₹8.0 Lakhs per year
Siemens Energy	₹4.5 Lakhs to ₹6.8 Lakhs per year

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

What is the salary of a Procurement Executive in companies similar to Otis Elevator in India?

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

Daikin	₹3.7 Lakhs to ₹7.5 Lakhs per year
Schaeffler India	₹2.6 Lakhs to ₹8.6 Lakhs per year
Panasonic	₹4.5 Lakhs to ₹6.0 Lakhs per year
Diageo	₹1.5 Lakhs to ₹9.0 Lakhs per year
FLSmidth	₹3.0 Lakhs to ₹6.0 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 Executive at Otis Elevator in India?

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

Experience	Average Salary Range
2 years	₹2.6 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.7 Lakhs to ₹4.9 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Otis Elevator Procurement Executive Salaries

Otis Elevator Procurement Executive salary in India ranges between ₹2.6 Lakhs to ₹9.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Otis Elevator latest salaries received from various employees of Otis Elevator.