POSCO Junior Purchase Manager Salaries by 4 Employees

8 - 11 years exp.

₹5.1 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Junior Purchase Manager Salary in Metals & Mining Companies for 8 - 11 years of experience

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Last Updated: 19 Mar 2023

Companies similar to POSCO for Junior Purchase Manager

Company name	Avg Annual Salary	Open Jobs
suzuki motor gujarat Junior Purchase Manager Salary 2 - 7 years exp. (23 salaries)	₹5 L/yr - ₹10 L/yr 46% more
Rungta Mines Junior Purchase Manager Salary 3 - 10 years exp. (14 salaries)	₹3 L/yr - ₹7.5 L/yr 10% less
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VE Commercial Vehicles Junior Purchase Manager Salary 1 - 7 years exp. (12 salaries)	₹2.7 L/yr - ₹5.3 L/yr 35% less
Cummins Junior Purchase Manager Salary 5 - 14 years exp. (10 salaries)	₹3.4 L/yr - ₹9 L/yr 2% more
Viraj Profiles Junior Purchase Manager Salary 1 - 12 years exp. (9 salaries)	₹4.7 L/yr - ₹7 L/yr 4% more

Junior Purchase Manager salary at POSCO ranges between ₹5.1 Lakhs to ₹6.8 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of POSCO.

Experience wise POSCO Junior Purchase Manager salaries

Last Updated: 19 Mar 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in POSCO

Purchase Manager Salary

(4 salaries)

₹7.5 L/yr - ₹15.95 L/yr

Senior Purchase Officer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Senior Purchase Executive Salary

(4 salaries)

₹4 L/yr - ₹4.25 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Deputy Manager Salary

(20 salaries)

₹8 L/yr - ₹16.3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.3 L/yr - ₹6.8 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Officer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for POSCO

Junior Manager in Mahad

Production, Manufacturing & Engineering Department

4.0

• posted on 22 Mar 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts improved procedure and new ideas . I was am the part of team that market reliabke,high quality product and has a global client base. employee can get carrer growth based on their performance, good compensation to the worker.

Salary - Good

+4 more

Dislikes

absence of standard salary structure salary may vary for same position and experience . Lack of control over local politics amongst employees that create ill work environment. Absence of employee re-hire policy. The work pressure is very high employee have to work extra hours daily and have to work on weekand. That to without any compensation

Marketing Manager in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

3.0

• posted on 19 Jan 2025

2.0

for Salary and Benefits

Likes

Work life balance is little better than my previous companies

Dislikes

Work culture & Company culture is becoming toxic day by day. Senior management focusing on disturbing personal life of employees. There is nothing we can learn from Posco except politics

Salary - Poor

+5 more

Admin & HR Executive in Pune

Full Time

Human Resources Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

Excellent place to work, provided many facilities to the employees. All the staff is co-operative and very good, always support to others.

Salary - Good

+6 more

Dislikes

Promotion is not as per the experience. If any employee join, he or she has to join from Executive level and not given promotion for first 3 years from joining.

AGM in Pune

Full Time

Procurement & Supply Chain Department

4.0

• posted on 03 Feb 2024

4.0

for Salary and Benefits

Likes

One of the best organization who wish to explore their career in steel industry. Having ambitious working pattern hence hectic work schedule as compared to Indian company

Salary - Good

+3 more

Dislikes

Cultural differences and reseal treatment to Indians.

Senior Marketing Executive in Ahmedabad

Full Time

Other Department

4.0

• posted on 01 Dec 2023

3.0

for Salary and Benefits

Likes

Can have good exposure due to leading steel manufacturer in world... Can learn lot of things

Job security - Excellent

+3 more

Dislikes

Although there is good job security, company sticks too much on policies. That results in to disadvantage many time for employees.

see more salary related reviews

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POSCO Junior Purchase Manager Salary FAQs

What is the salary of Junior Purchase Manager at POSCO ?

The average salary of a Junior Purchase Manager at POSCO in India typically ranges from ₹5.1 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 8 years to 11 years).

The top 10% of Junior Purchase Manager at POSCO earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Junior Purchase Manager Salaries at POSCO 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 POSCO employees in India.

What is the estimated take home salary of a Junior Purchase Manager at POSCO in India?

The estimated take-home salary of a Junior Purchase Manager at POSCO in India typically ranges from ₹45,195 to ₹46,283 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 8 years to 11 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 POSCO. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than POSCO for Junior Purchase Manager in India?

suzuki motor gujarat	₹5.0 Lakhs to ₹10.0 Lakhs per year
Viraj Profiles	₹4.7 Lakhs to ₹7.0 Lakhs per year
Cummins	₹3.4 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Junior Purchase Manager in companies similar to POSCO in India?

The salary of a Junior Purchase Manager at companies similar to POSCO in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Rungta Mines	₹3.0 Lakhs to ₹7.5 Lakhs per year
VE Commercial Vehicles	₹2.7 Lakhs to ₹5.3 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 Junior Purchase Manager at POSCO in India?

The salary growth for a Junior Purchase Manager at POSCO depends on factors such as experience, performance, and promotions. On average, a Junior Purchase Manager can expect the following growth trajectory at POSCO:

Experience	Average Salary Range
8 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
9 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
10 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
11 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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POSCO Junior Purchase Manager Salaries

POSCO Junior Purchase Manager salary in India ranges between ₹5.1 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 POSCO latest salaries received from various employees of POSCO.