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Panasonic Procurement Engineer salaries in India

Annual salary range
4 - 6 years exp.
₹6 Lakhs - ₹8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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49% more than the average Procurement Engineer Salary in Consumer Electronics & Appliances Companies for 4 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Panasonic for Procurement Engineer

Company name Avg Annual Salary Open Jobs
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Samsung Procurement Engineer Salary

1 - 5 years exp. (6 salaries)

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₹4.4 L/yr - ₹5.4 L/yr

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LG Electronics Procurement Engineer Salary

0 - 5 years exp. (20 salaries)

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₹3 L/yr - ₹5 L/yr

arrow icon 47% less
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Hitachi Procurement Engineer Salary

2 - 9 years exp. (4 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 22% less
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Philips Procurement Engineer Salary

7 - 10 years exp. (4 salaries)

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₹11 L/yr - ₹23 L/yr

arrow icon 139% more
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Siemens Procurement Engineer Salary

1 - 6 years exp. (17 salaries)

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₹1.6 L/yr - ₹7.8 L/yr

arrow icon 30% less
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Blue Star Procurement Engineer Salary

0 - 5 years exp. (12 salaries)

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₹1.9 L/yr - ₹6 L/yr

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Voltas Procurement Engineer Salary

9 - 24 years exp. (8 salaries)

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₹4.2 L/yr - ₹6 L/yr

arrow icon 22% less
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Vivo Procurement Engineer Salary

0 - 2 years exp. (7 salaries)

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₹3.3 L/yr - ₹5.7 L/yr

arrow icon 41% less
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Signify Procurement Engineer Salary

10 - 14 years exp. (5 salaries)

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₹13 L/yr - ₹25 L/yr

arrow icon 164% more
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Daikin Procurement Engineer Salary

7 - 9 years exp. (4 salaries)

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₹5.8 L/yr - ₹7 L/yr

arrow icon 10% less
Procurement Engineer salary at Panasonic ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Panasonic.

Latest annual salaries shared by Panasonic Procurement Engineer

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6 years exp.
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4 years exp.

Experience wise Panasonic Procurement Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.1 L/yr
6 years (AmbitionBox Estimate)

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₹8 L/yr - ₹8 L/yr

Similar Designation salaries in Panasonic

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₹2.5 L/yr - ₹5.5 L/yr
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₹3 L/yr - ₹6.4 L/yr
Purchase Engineer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹6.45 L/yr - ₹9.1 L/yr
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₹4.5 L/yr - ₹6 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
Senior Engineer Salary
(28 salaries)
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₹3.6 L/yr - ₹12 L/yr
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₹1.5 L/yr - ₹3.25 L/yr
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₹1 L/yr - ₹6 L/yr
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₹3.6 L/yr - ₹5 L/yr

Salary related reviews for Panasonic

Finance & Accounting Department

3.0
  •  posted on 19 Apr 2022

1.0
 for  Salary and Benefits

Likes

People in some departments are good else overall culture and working environment is not good

Dislikes

Major salary disparity among employees ( you may find AM getting more salary than manager) No food no transport in case of late sitting, unfriendly hr policy ( salary can be deducted if you are late by 1 min with no consideration of late sitting by hours). Few people oriented company. High attrition rate due to above reason

read more
  • Salary - Bad
  • +3 more

Production, Manufacturing & Engineering Department

4.0
  •  posted on 21 Jan 2021

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +6 more

Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 26 Jun 2023

2.0
 for  Salary and Benefits

Likes

The company culture is vibrant You receive salary on time The Japanese counterparts are very respectful

read more
  • Company culture - Good

Dislikes

Panasonic is struggling to make sales since a long time. It is highly understaffed due to which there is no work life balance, specially in my department. The management and other teams have very poor understanding of the value of Marketing and we struggle to get work done though agencies because we are not not supported well by the other teams on which we are dependent for the budgets. Any body looking to join under marketing or category management roles- do not join here.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 01 Dec 2023

4.0
 for  Salary and Benefits

Likes

Salary and benefit are good. The job role in Customer service is very demanding. There is no place to rest. One has to always keep running to achieve the targets and meet management demands. However, there is a contrasting side, if one is not there in Customer Service division of any kind, then Panasonic is a very good place to work in. Also, the company is very virtuous and there is no threat to job.

read more
  • Salary - Good
  • +3 more

Dislikes

The work culture of service division is not good. It is very unhealthy for people down the line.

  • Work-life balance - Poor

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 06 Jul 2022

3.0
 for  Salary and Benefits

Likes

One of my bosses was good. The dealers that I had to deal with were good. Compensation for travelling is average.

read more
  • Skill development - Good

Dislikes

Pathetic culture. Abusive language. Very high targets with zero support. They only know push sales and nothing else.

  • Job security - Bad
  • +4 more
see more salary related reviews

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Panasonic Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Panasonic ?
The average salary of a Procurement Engineer at Panasonic in India typically ranges from ₹6.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Procurement Engineer at Panasonic earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Procurement Engineer Salaries at Panasonic 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 Panasonic employees in India.
What is the estimated take home salary of a Procurement Engineer at Panasonic in India?
The estimated take-home salary of a Procurement Engineer at Panasonic in India typically ranges from ₹52,935 to ₹54,181 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 6 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 Panasonic. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Panasonic for Procurement Engineer in India?
Signify ₹13.0 Lakhs to ₹25.0 Lakhs per year
Philips ₹11.0 Lakhs to ₹23.0 Lakhs per year

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

Daikin ₹5.8 Lakhs to ₹7.0 Lakhs per year
Hitachi ₹4.5 Lakhs to ₹6.0 Lakhs per year
Voltas ₹4.2 Lakhs to ₹6.0 Lakhs per year
Siemens ₹1.6 Lakhs to ₹7.8 Lakhs per year
Samsung ₹4.4 Lakhs to ₹5.4 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 Engineer at Panasonic in India?
The salary growth for a Procurement Engineer at Panasonic depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at Panasonic:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹7.0 Lakhs per year
5 years ₹6.5 Lakhs to ₹12.1 Lakhs per year
6 years ₹8.0 Lakhs to ₹8.0 Lakhs per year
and so on.

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Panasonic Procurement Engineer salary in India ranges between ₹6 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Panasonic latest salaries received from various employees of Panasonic.