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POSCO Senior Purchase Executive salaries in India

Annual salary range
3 - 6 years exp.
₹4 Lakhs - ₹4.3 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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27% less than the average Senior Purchase Executive Salary in Metals & Mining Companies for 3 - 6 years of experience

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Salaries in different departments

Procurement & Supply Chain
Senior Purchase Executive Salary
3 - 6 years exp. (3 salaries)
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₹4 L/yr - ₹4.3 L/yr

Production, Manufacturing & Engineering
Senior Purchase Executive Salary
5 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.7 L/yr

Last Updated: 13 Mar 2023

Companies similar to POSCO for Senior Purchase Executive

Company name Avg Annual Salary Open Jobs
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Tata Steel Senior Purchase Executive Salary

6 - 10 years exp. (5 salaries)

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₹3.3 L/yr - ₹5.2 L/yr

arrow icon 3% less
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JSW Steel Senior Purchase Executive Salary

3 - 6 years exp. (4 salaries)

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₹3.1 L/yr - ₹4.6 L/yr

arrow icon 5% less
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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 4% more
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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 20% more
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₹3.7 L/yr - ₹5.4 L/yr

arrow icon 8% more
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NLMK India Senior Purchase Executive Salary

2 - 8 years exp. (5 salaries)

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₹4.5 L/yr - ₹9.5 L/yr

arrow icon 55% more
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₹5.8 L/yr - ₹6 L/yr

arrow icon 43% more
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₹4 L/yr - ₹6 L/yr

arrow icon 29% more
Senior Purchase Executive salary at POSCO ranges between ₹4 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of POSCO.

Latest annual salaries shared by POSCO Senior Purchase Executive

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5 years exp.
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4 years exp.
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3 years exp.
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6 years exp.

Experience wise POSCO Senior Purchase Executive salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in POSCO

Purchase Executive Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Senior Purchase Officer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Purchase Engineer Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.8 L/yr
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₹7.5 L/yr - ₹15.95 L/yr
Senior Officer Salary
(AmbitionBox Estimate)
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₹11.3 L/yr - ₹14.4 L/yr
Deputy Manager Salary
(20 salaries)
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₹8 L/yr - ₹16.3 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for POSCO

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.

read more
  • 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

read more

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

read more
  • Salary - Poor
  • +5 more

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.

read more
  • 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.

read more

Full Time

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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

read more
  • Salary - Good
  • +3 more

Dislikes

Cultural differences and reseal treatment to Indians.

Full Time

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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.

read more
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POSCO Senior Purchase Executive Salary FAQs

What is the salary of Senior Purchase Executive at POSCO ?
The average salary of a Senior Purchase Executive at POSCO in India typically ranges from ₹4.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Senior Purchase Executive at POSCO earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Senior Purchase Executive 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 Senior Purchase Executive at POSCO in India?
The estimated take-home salary of a Senior Purchase Executive at POSCO in India typically ranges from ₹30,355 to ₹31,664 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 3 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 POSCO. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than POSCO for Senior Purchase Executive in India?
NLMK India ₹4.5 Lakhs to ₹9.5 Lakhs per year
AXORA RESOURCES ₹5.8 Lakhs to ₹6.0 Lakhs per year
Sanvira Industries ₹4.0 Lakhs to ₹6.0 Lakhs per year
ArcelorMittal Nippon Steel ₹3.5 Lakhs to ₹5.6 Lakhs per year
Oswal Castings ₹3.7 Lakhs to ₹5.4 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 Senior Purchase Executive in companies similar to POSCO in India?
The salary of a Senior Purchase Executive at companies similar to POSCO in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Jindal Steel and Power ₹3.5 Lakhs to ₹5.5 Lakhs per year
Tata Steel ₹3.3 Lakhs to ₹5.2 Lakhs per year
JSW Steel ₹3.1 Lakhs to ₹4.6 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 Senior Purchase Executive at POSCO in India?
The salary growth for a Senior Purchase Executive at POSCO depends on factors such as experience, performance, and promotions. On average, a Senior Purchase Executive can expect the following growth trajectory at POSCO:

Experience Average Salary Range
3 years ₹4.0 Lakhs to ₹4.0 Lakhs per year
4 years ₹4.0 Lakhs to ₹7.2 Lakhs per year
5 years ₹1.7 Lakhs to ₹4.3 Lakhs per year
6 years ₹4.3 Lakhs to ₹4.3 Lakhs per year
and so on.

Tell us how to improve this page.

POSCO Senior Purchase Executive salary in India ranges between ₹4 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 POSCO latest salaries received from various employees of POSCO.