Rane (Madras) Bangalore / Bengaluru Procurement Salaries by 4 Employees

0 - 3 years exp.

₹2 Lakhs - ₹3 Lakhs

Salary of majority employees

28% less than the average Procurement Salary in Auto Components Companies for 0 - 3 years of experience

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Last Updated: 25 Sep 2024

Companies similar to Rane (Madras) for Procurement in Bangalore / Bengaluru

Rane (Madras) Procurement Salary

0 - 3 years exp. (4 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
IBM Procurement Salary 1 - 4 years exp. (3 salaries)	₹2.6 L/yr - ₹5.5 L/yr 39% more
Login to view exact salary
Swiggy Procurement Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 48% more

Procurement salary at Rane (Madras) ranges between ₹2 Lakhs to ₹3 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 Rane (Madras) .

Experience wise Rane (Madras) Procurement salaries in Bangalore / Bengaluru

Last Updated: 25 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Top skills at Rane (Madras) for Procurement

CNC Gear Hobbing Costing Vendor Development Price Negotiation

Salary related reviews for Rane (Madras)

Quality Inspection Trainee in Hyderabad / Secunderabad

Full Time

Quality Assurance Department

3.0

• posted on 28 Oct 2024

3.0

for Salary and Benefits

Likes

The team members full cooperate with us when work distribution.

Dislikes

...g good.the higher position employees are always talk rudely. Unclean atmosphere. Salary is very less.

Promotions - Bad

+2 more

Quality Controller in Varanavasi

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 29 Jun 2023

2.0

for Salary and Benefits

Likes

I liked to our company rules and regulations and safety frequency is also good and learning is very good. I have to learn more than .

Skill development - Excellent

+2 more

Dislikes

I am unsatisfied for salary and not required to promotion is hurt for good experience people.

Salary - Poor

+2 more

CNC Machine Operator in Chennai

Other Department

3.0

• posted on 09 May 2021

2.0

for Salary and Benefits

Likes

Good work environment. Teammates are supportive . .Management is good & Company policies are also good.

Skill development - Good

Dislikes

This company not for Skill development & learning. No career growth. They don't give good salary hike and bonus every year.

Salary - Poor

+2 more

Senior Executive in Mysuru / Mysore

Material department Department

5.0

• posted on 04 May 2019

5.0

for Salary and Benefits

Likes

Good teammates, Exellent training, job security, career growth, salary and appraisal, travel,Good learning, work environment, innovation, work-life balance,

Salary - Excellent

+6 more

Dislikes

Induvidual Growth is slow. The work pressure is very high. Sometimes, I have to stay more time in a day as I have to attend all the issues.

Quality Engineer

quality Department

4.0

• posted on 08 Nov 2018

3.0

for Salary and Benefits

Likes

No one forces you perticular work because here all work done by team .

Dislikes

Here first very low salary accrding to education qualification even b.Tech qualified has very low salary.There is no trainee special workshop.This company take full work in the name of training

Job security - Poor

+1 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Rane (Madras) Procurement Salary FAQs

What is the salary of Procurement at Rane (Madras) in Bangalore / Bengaluru?

The average salary of a Procurement at Rane (Madras) in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Procurement in Bangalore / Bengaluru at Rane (Madras) earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Procurement Salaries at Rane (Madras) 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 Rane (Madras) employees in India.

What is the estimated take home salary of a Procurement at Rane (Madras) in Bangalore / Bengaluru?

The estimated take-home salary of a Procurement at Rane (Madras) in Bangalore / Bengaluru typically ranges from ₹19,490 to ₹21,161 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 Rane (Madras) . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement at Rane (Madras) in Bangalore / Bengaluru?

To be a Procurement at Rane (Madras) in Bangalore / Bengaluru, the key skills required include:

- CNC
- Gear Hobbing
- Costing
- Vendor Development
- Price Negotiation

These skills are highly valued at Rane (Madras) and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Rane (Madras) for Procurement in India?

Swiggy	₹3.6 Lakhs to ₹5.0 Lakhs per year
IBM	₹2.6 Lakhs to ₹5.5 Lakhs per year

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

How the salary growth look like for a Procurement at Rane (Madras) in Bangalore / Bengaluru?

The salary growth for a Procurement at Rane (Madras) in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Procurement in Bangalore / Bengaluru can expect the following growth trajectory at Rane (Madras) :

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Rane (Madras) Procurement Salaries in Bangalore / Bengaluru

Rane (Madras) Procurement salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rane (Madras) latest salaries received from various employees of Rane (Madras) .