PRECISIONxtract Procurement Engineer Salaries by 4 Employees

1 - 2 years exp.

₹2 Lakhs - ₹2.8 Lakhs

Salary of majority employees

51% less than the average Procurement Engineer Salary for 1 - 2 years of experience

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Last Updated: 1 Feb 2024

Companies similar to PRECISIONxtract for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Larsen & Toubro Limited Procurement Engineer Salary 2 - 9 years exp. (59 salaries)	₹2.6 L/yr - ₹12.5 L/yr 226% more
Genpact Procurement Engineer Salary 1 - 4 years exp. (42 salaries)	₹2.7 L/yr - ₹6 L/yr 91% more
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Reliance Industries Procurement Engineer Salary 1 - 10 years exp. (37 salaries)	₹3.6 L/yr - ₹12.6 L/yr 243% more
Accenture Procurement Engineer Salary 0 - 8 years exp. (28 salaries)	₹3 L/yr - ₹9.3 L/yr 128% more
TCS Procurement Engineer Salary 1 - 6 years exp. (21 salaries)	₹3.4 L/yr - ₹6.3 L/yr 128% more
HCLTech Procurement Engineer Salary 1 - 5 years exp. (18 salaries)	₹2.8 L/yr - ₹7 L/yr 98% more
IBM Procurement Engineer Salary 0 - 7 years exp. (11 salaries)	₹3 L/yr - ₹5 L/yr 82% more
Wipro Procurement Engineer Salary 2 - 8 years exp. (11 salaries)	₹2.5 L/yr - ₹9 L/yr 136% more
Tech Mahindra Procurement Engineer Salary 1 - 5 years exp. (7 salaries)	₹5.5 L/yr - ₹6 L/yr 153% more
Infosys BPM Procurement Engineer Salary 0 - 6 years exp. (7 salaries)	₹3 L/yr - ₹6.5 L/yr 85% more
Infosys Procurement Engineer Salary 2 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹4.1 L/yr 78% more
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Capgemini Procurement Engineer Salary 2 - 4 years exp. (6 salaries)	₹3.3 L/yr - ₹4.6 L/yr 74% more
WNS Procurement Engineer Salary 2 - 5 years exp. (5 salaries)	₹3 L/yr - ₹6.6 L/yr 107% more
Jio Procurement Engineer Salary 2 - 10 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 121% more
Cognizant Procurement Engineer Salary 1 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹6.6 L/yr 83% more
Reliance Retail Procurement Engineer Salary 6 - 15 years exp. (4 salaries)	₹4.5 L/yr - ₹9.2 L/yr 172% more

Procurement Engineer salary at PRECISIONxtract ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of PRECISIONxtract.

Experience wise PRECISIONxtract Procurement Engineer salaries

Last Updated: 1 Feb 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in PRECISIONxtract

Procurement Analyst Salary

(9 salaries)

₹2 L/yr - ₹3 L/yr

Purchase Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Procurement Executive Salary

(3 salaries)

₹2.49 L/yr - ₹2.8 L/yr

Procurement Associate Salary

(3 salaries)

₹2.8 L/yr - ₹3.2 L/yr

Process Associate Salary

(4 salaries)

₹2.2 L/yr - ₹3.2 L/yr

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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PRECISIONxtract Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at PRECISIONxtract ?

The average salary of a Procurement Engineer at PRECISIONxtract in India typically ranges from ₹2.0 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Procurement Engineer at PRECISIONxtract earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Procurement Engineer Salaries at PRECISIONxtract 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 PRECISIONxtract employees in India.

What is the estimated take home salary of a Procurement Engineer at PRECISIONxtract in India?

The estimated take-home salary of a Procurement Engineer at PRECISIONxtract in India typically ranges from ₹15,651 to ₹17,274 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 1 year to 2 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 PRECISIONxtract. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than PRECISIONxtract for Procurement Engineer in India?

Reliance Industries	₹3.6 Lakhs to ₹12.6 Lakhs per year
Larsen & Toubro Limited	₹2.6 Lakhs to ₹12.5 Lakhs per year
Reliance Retail	₹4.5 Lakhs to ₹9.2 Lakhs per year
Tech Mahindra	₹5.5 Lakhs to ₹6.0 Lakhs per year
Wipro	₹2.5 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Procurement Engineer in companies similar to PRECISIONxtract in India?

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

TCS	₹3.4 Lakhs to ₹6.3 Lakhs per year
Accenture	₹3.0 Lakhs to ₹9.3 Lakhs per year
Jio	₹3.0 Lakhs to ₹8.5 Lakhs per year
WNS	₹3.0 Lakhs to ₹6.6 Lakhs per year
HCLTech	₹2.8 Lakhs to ₹7.0 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 Engineer at PRECISIONxtract in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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PRECISIONxtract Procurement Engineer Salaries

PRECISIONxtract Procurement Engineer salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 PRECISIONxtract latest salaries received from various employees of PRECISIONxtract.