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Precision Equipments (Chennai) Procurement Engineer salaries in Chennai

Annual salary range
0 - 3 years exp.
₹2.2 Lakhs - ₹4 Lakhs
Salary of majority employees
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42% less than the average Procurement Engineer Salary in Industrial Machinery Companies for 0 - 3 years of experience

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Last Updated: 28 Dec 2024

Companies similar to Precision Equipments (Chennai) for Procurement Engineer in Chennai

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Precision Equipments (Chennai) Procurement Engineer Salary

0 - 3 years exp. (4 salaries)

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₹2.2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹3.4 L/yr - ₹8 L/yr

arrow icon 142% more
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Voltas Procurement Engineer Salary

20 - 24 years exp. (4 salaries)

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₹5.4 L/yr - ₹6 L/yr

arrow icon 73% more
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Super Auto Forge Procurement Engineer Salary

2 - 5 years exp. (5 salaries)

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₹1.5 L/yr - ₹3.1 L/yr

arrow icon 30% less
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₹4 L/yr - ₹5 L/yr

arrow icon 38% more
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₹2.4 L/yr - ₹6.2 L/yr

arrow icon 20% more
Procurement Engineer salary at Precision Equipments (Chennai) ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Precision Equipments (Chennai).

Latest annual salaries shared by Precision Equipments (Chennai) Procurement Engineer in Chennai

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2 years exp.
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1 year exp.
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3 years exp.
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7 months exp.

Experience wise Precision Equipments (Chennai) Procurement Engineer salaries in Chennai

Last Updated: 28 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.4 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹6.3 L/yr

Similar Designation salaries in Precision Equipments (Chennai)

Senior Engineer Salary
(13 salaries)
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₹3.25 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(10 salaries)
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₹5.04 L/yr - ₹8.4 L/yr
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₹3.5 L/yr - ₹6.5 L/yr
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₹1.5 L/yr - ₹4.5 L/yr

Salary related reviews for Precision Equipments (Chennai)

Full Time

 · 

Production Department

4.0
  •  posted on 12 Dec 2022

3.0
 for  Salary and Benefits

Likes

1. Lots of growth opportunities if chosen the right department, 2. Management completely supports any new ideas to improvise, 3. Compensation is good for a fresher, but after couple of years you might wanna switch, but in engineering team compensation would be in par with industry standards. 4. Good transport facility through MTC buses, 5. Accommodation and food is provided for a very cheap fee.

read more
  • Job security - Excellent

Dislikes

1. Certain old people don't welcome new entrants in the best way possible, 2. A big pay parity between the manufacturing and engineering team, 3. Company employes mostly their relatives in engineering team. 4. Food provided is pretty average. 5. Leave benefits could be better

read more
  • Promotions - Poor
  • +1 more

Production Department

3.0
  •  posted on 21 Jun 2022

1.0
 for  Salary and Benefits

Likes

One can learn a lot of elementary core related stuffs at the earlier stages. But after certain period these, it is hard to work without any compensations and benefits.

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  • Job security - Good

Dislikes

...ys. They will not allow you take leave for the extra time you worked beforehand. Low salary package. No major benefits.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 15 Nov 2023

1.0
 for  Salary and Benefits

Likes

Good working and skill developments very good

  • Skill development - Excellent

Dislikes

The company with the worst Human Rights Officer and HR Management with the Company. Company will supported only HR Manager not a workers. Human rights Officer they treet the workers very poorly...

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  • Salary - Bad
  • +4 more

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 30 Jan 2024

2.0
 for  Salary and Benefits

Likes

We can learn much and it will be helpful in our career growth. However, need to sustain at least 3 years.

  • Skill development - Excellent

Dislikes

Management needs to focus on bigger growth, instead they are questioning from the bottom level, even though they employed Managers, GM and Vice president.

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  • Salary - Poor
  • +3 more
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Precision Equipments (Chennai) Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Precision Equipments (Chennai) Chennai?
Procurement Engineer salary at Precision Equipments (Chennai) in Chennai ranges between ₹2.2 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 42% less than the average Procurement Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Precision Equipments (Chennai) Chennai.
How does the salary of a Procurement Engineer at Precision Equipments (Chennai) Chennai compare with the average salary range for this job?
The average salary of a Procurement Engineer at Precision Equipments (Chennai) is 42% less than the average salary of a Procurement Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Precision Equipments (Chennai) to a Procurement Engineer in Chennai?
  • Larsen & Toubro Limited Procurement Engineer Salary - ₹3.4 Lakhs to ₹8.0 Lakhs per year
  • Voltas Procurement Engineer Salary - ₹5.4 Lakhs to ₹6.0 Lakhs per year
  • Kobelco Construction Equipment India Procurement Engineer Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • Tractors and Farm Equipment Procurement Engineer Salary - ₹2.4 Lakhs to ₹6.2 Lakhs per year
What is the salary of a Procurement Engineer in companies similar to Precision Equipments (Chennai) in Chennai?
  • Super Auto Forge Procurement Engineer Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Procurement Engineer at Precision Equipments (Chennai) in Chennai?
The estimated take-home salary of a Procurement Engineer at Precision Equipments (Chennai) ranges between ₹22,560 per month to ₹24,035 per month in Chennai. The take-home salary calculation is based on the average Precision Equipments (Chennai) Procurement Engineer salary in India which ranges between ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Procurement Engineer at Precision Equipments (Chennai) in Chennai?
According to AmbitionBox, 67% of the Precision Equipments (Chennai) Procurement Engineers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Precision Equipments (Chennai) Procurement Engineer salary in Chennai ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Precision Equipments (Chennai) latest salaries received from various employees of Precision Equipments (Chennai).