Rane NSK Steering Systems Senior Purchase Executive Salaries by 4 Employees

8 - 10 years exp.

₹5.9 Lakhs - ₹7.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% more than the average Senior Purchase Executive Salary in Auto Components Companies for 8 - 10 years of experience

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Last Updated: 10 May 2024

Companies similar to Rane NSK Steering Systems for Senior Purchase Executive

Company name	Avg Annual Salary	Open Jobs
JBM Group Senior Purchase Executive Salary 2 - 13 years exp. (26 salaries)	₹3.2 L/yr - ₹7 L/yr 23% less
Spark Minda Senior Purchase Executive Salary 4 - 10 years exp. (9 salaries)	₹2.7 L/yr - ₹10 L/yr 3% more
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TVS Sundram Fasteners Senior Purchase Executive Salary 9 - 18 years exp. (8 salaries)	₹5 L/yr - ₹8.1 L/yr 6% less
Imperial Auto Industries Senior Purchase Executive Salary 3 - 13 years exp. (8 salaries)	₹2.9 L/yr - ₹5.1 L/yr 45% less
Belrise Industries Senior Purchase Executive Salary 9 - 13 years exp. (6 salaries)	₹4.8 L/yr - ₹6 L/yr 25% less
Varroc Group Senior Purchase Executive Salary 13 - 15 years exp. (6 salaries)	₹4.8 L/yr - ₹6.7 L/yr 16% less
CIE Automotive Senior Purchase Executive Salary 3 - 10 years exp. (5 salaries)	₹5.3 L/yr - ₹7 L/yr 7% less
Krishna Maruti Senior Purchase Executive Salary 3 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹5.5 L/yr 37% less
Lumax Industries Senior Purchase Executive Salary 5 - 13 years exp. (4 salaries)	₹5.8 L/yr - ₹8.4 L/yr 1% less
Shriram Pistons & Rings Senior Purchase Executive Salary 8 - 13 years exp. (4 salaries)	₹7.7 L/yr - ₹13.5 L/yr 56% more
Steel Strips Wheels Senior Purchase Executive Salary 7 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹5.1 L/yr 39% less
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SKF Senior Purchase Executive Salary 2 - 12 years exp. (4 salaries)	₹3.8 L/yr - ₹6.5 L/yr 24% less
Hitachi Astemo Senior Purchase Executive Salary 8 - 10 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 8% more
Faurecia Senior Purchase Executive Salary 8 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 4% less
Endurance Technologies Senior Purchase Executive Salary 5 - 6 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 11% less
Schaeffler India Senior Purchase Executive Salary 10 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹8.7 L/yr 23% more
Mando Automotive Senior Purchase Executive Salary 4 - 5 years exp. (3 salaries)	₹5.2 L/yr - ₹5.4 L/yr 21% less
Motherson Automotive Technologies and Engineering Senior Purchase Executive Salary 7 - 12 years exp. (3 salaries)	₹7.7 L/yr - ₹18 L/yr 65% more
Magna International Senior Purchase Executive Salary 10 - 12 years exp. (3 salaries)	₹8.5 L/yr - ₹9.3 L/yr 30% more

Senior Purchase Executive salary at Rane NSK Steering Systems ranges between ₹5.9 Lakhs to ₹7.4 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Rane NSK Steering Systems.

Experience wise Rane NSK Steering Systems Senior Purchase Executive salaries

Last Updated: 10 May 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
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10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

Similar Designation salaries in Rane NSK Steering Systems

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Salary related reviews for Rane NSK Steering Systems

Deputy Manager in Bawal

Full Time

Environment Health & Safety Department

1.0

• posted on 01 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing to like there

Dislikes

...mic 🎤 on shop floor in morning meeting You will not get you position respect Gross salary will be recovered in case of short notice

Salary - Bad

+6 more

Production Line Leader in Bawal

Full Time

Other Department

5.0

• posted on 06 Feb 2024

3.0

for Salary and Benefits

Likes

The work is very good with quality and safety.

Skill development - Good

+3 more

Dislikes

DOET does not make the employee permanent. The salary is very less as per the work done. Even after working for 3 years, the person does not get promotion.

Job security - Poor

+1 more

Operator in Pantnagar

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

...tive.The management is transparent. There are a huge gaming arcade for chilling. Company policies are very good, appraisals are fair snd they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There are not allow for examination holiday its very big issue for me.

Senior Engineer- Maintenance in Ahmedabad

Full Time

Operation & Maintenance Department

2.0

• posted on 28 Jan 2023

2.0

for Salary and Benefits

Likes

Safety is priority Gives good salary hikes and increment

Job security - Good

+1 more

Dislikes

Food quality is not that good. Bus conditions are worst. Company has many customer complaints Profit goes into warranty issues. Company has rented plant.

Salary - Poor

+4 more

Maintenance Electrician in Bawal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 14 May 2022

5.0

for Salary and Benefits

Likes

...up's and this company has invested in sefty, this company many facility provide of the workers and best salary systems

Salary - Excellent

+6 more

Dislikes

Rane Nsk steering systems company is very best but salary very little & increment is very late

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Rane NSK Steering Systems Senior Purchase Executive Salary FAQs

What is the salary of Senior Purchase Executive at Rane NSK Steering Systems ?

The average salary of a Senior Purchase Executive at Rane NSK Steering Systems in India typically ranges from ₹5.9 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 8 years to 10 years).

The top 10% of Senior Purchase Executive at Rane NSK Steering Systems earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Senior Purchase Executive Salaries at Rane NSK Steering Systems 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 NSK Steering Systems employees in India.

What is the estimated take home salary of a Senior Purchase Executive at Rane NSK Steering Systems in India?

The estimated take-home salary of a Senior Purchase Executive at Rane NSK Steering Systems in India typically ranges from ₹51,597 to ₹52,813 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 8 years to 10 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 NSK Steering Systems. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rane NSK Steering Systems for Senior Purchase Executive in India?

Motherson Automotive Technologies and Engineering	₹7.7 Lakhs to ₹18.0 Lakhs per year
Shriram Pistons & Rings	₹7.7 Lakhs to ₹13.5 Lakhs per year
Magna International	₹8.5 Lakhs to ₹9.3 Lakhs per year
Schaeffler India	₹7.5 Lakhs to ₹8.7 Lakhs per year
Hitachi Astemo	₹5.3 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Senior Purchase Executive in companies similar to Rane NSK Steering Systems in India?

The salary of a Senior Purchase Executive at companies similar to Rane NSK Steering Systems in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spark Minda	₹2.7 Lakhs to ₹10.0 Lakhs per year
Lumax Industries	₹5.8 Lakhs to ₹8.4 Lakhs per year
Faurecia	₹6.0 Lakhs to ₹7.0 Lakhs per year
TVS Sundram Fasteners	₹5.0 Lakhs to ₹8.1 Lakhs per year
CIE Automotive	₹5.3 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 Senior Purchase Executive at Rane NSK Steering Systems in India?

The salary growth for a Senior Purchase Executive at Rane NSK Steering Systems depends on factors such as experience, performance, and promotions. On average, a Senior Purchase Executive can expect the following growth trajectory at Rane NSK Steering Systems:

Experience	Average Salary Range
8 years	₹5.5 Lakhs to ₹7.0 Lakhs per year
9 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
10 years	₹6.7 Lakhs to ₹8.5 Lakhs per year

and so on.

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Rane NSK Steering Systems Senior Purchase Executive Salaries

Rane NSK Steering Systems Senior Purchase Executive salary in India ranges between ₹5.9 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rane NSK Steering Systems latest salaries received from various employees of Rane NSK Steering Systems.