Rasandik Engineering Industries India Purchase Executive Salaries by 4 Employees

5 - 8 years exp.

₹2.9 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Purchase Executive Salary in Auto Components Companies for 5 - 8 years of experience

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Last Updated: 1 Apr 2023

Companies similar to Rasandik Engineering Industries India for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
JBM Group Purchase Executive Salary 1 - 7 years exp. (88 salaries)	₹2.1 L/yr - ₹6.4 L/yr 16% more
Varroc Group Purchase Executive Salary 1 - 14 years exp. (41 salaries)	₹1 L/yr - ₹8.5 L/yr 34% more
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Imperial Auto Industries Purchase Executive Salary 1 - 9 years exp. (34 salaries)	₹1.8 L/yr - ₹4.8 L/yr 4% less
Spark Minda Purchase Executive Salary 0 - 7 years exp. (30 salaries)	₹2 L/yr - ₹5 L/yr 1% more
CIE Automotive Purchase Executive Salary 2 - 7 years exp. (30 salaries)	₹2.5 L/yr - ₹7.2 L/yr 21% more
Endurance Technologies Purchase Executive Salary 4 - 18 years exp. (23 salaries)	₹4 L/yr - ₹9.9 L/yr 109% more
Tata AutoComp Systems Purchase Executive Salary 1 - 5 years exp. (23 salaries)	₹2 L/yr - ₹5.1 L/yr 6% more
TVS Sundram Fasteners Purchase Executive Salary 3 - 10 years exp. (20 salaries)	₹1.5 L/yr - ₹5.5 L/yr 12% more	1 job opening
SKF Purchase Executive Salary 1 - 5 years exp. (20 salaries)	₹2 L/yr - ₹4.8 L/yr 8% more
Sandhar Technologies Purchase Executive Salary 1 - 10 years exp. (15 salaries)	₹2.1 L/yr - ₹4.6 L/yr At par
Pricol Purchase Executive Salary 0 - 5 years exp. (13 salaries)	₹2 L/yr - ₹3.2 L/yr 29% less
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Wheels Purchase Executive Salary 1 - 9 years exp. (11 salaries)	₹2 L/yr - ₹4.3 L/yr 23% less
DENSO Purchase Executive Salary 3 - 7 years exp. (9 salaries)	₹3 L/yr - ₹7.5 L/yr 25% more
Bharat Forge Purchase Executive Salary 1 - 4 years exp. (7 salaries)	₹2.5 L/yr - ₹3.5 L/yr 12% less
Schaeffler India Purchase Executive Salary 2 - 10 years exp. (7 salaries)	₹2.4 L/yr - ₹9.9 L/yr 52% more
Balkrishna Industries Purchase Executive Salary 3 - 8 years exp. (7 salaries)	₹1 L/yr - ₹7.5 L/yr 18% more
Shriram Pistons & Rings Purchase Executive Salary 5 - 17 years exp. (7 salaries)	₹3.7 L/yr - ₹8.5 L/yr 68% more
Lumax Industries Purchase Executive Salary 2 - 6 years exp. (6 salaries)	₹3.5 L/yr - ₹4.2 L/yr 7% more
Asahi India Glass Purchase Executive Salary 1 - 3 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr 5% less
Gabriel India Purchase Executive Salary 5 - 9 years exp. (6 salaries)	₹4 L/yr - ₹5 L/yr 53% more

View all

Purchase Executive salary at Rasandik Engineering Industries India ranges between ₹2.9 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Rasandik Engineering Industries India.

Experience wise Rasandik Engineering Industries India Purchase Executive salaries

Last Updated: 1 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Rasandik Engineering Industries India

Store Executive Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Purchase Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹3.6 L/yr

Purchase Assistant Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Purchase Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Deputy Manager Salary

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₹6 L/yr - ₹12 L/yr

Salary related reviews for Rasandik Engineering Industries India

4.0

Rated by 1 employees for salary & benefits

Production Engineer in Sohna

Full Time

Other Department

4.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

In this company there are only good thing that you have learn every department skills or a lot of working skills...

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary and career growth is slow.

Job security - Poor

Tool Room Engineer in Sohna

Full Time

Sales & Business Development Department

4.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

...t growth rapidly but there are no benefits if you stay too long in this company. As you no employee biggest motivation is his salary and in this company you will not get salary benefits overall it is good for freshers or the people who are at higher posts.

Skill development - Excellent

+1 more

Dislikes

Salary

Salary - Bad

+4 more

Quality Engineer in Sohna

Quality Assurance Department

3.0

• posted on 30 Oct 2019

1.0

for Salary and Benefits

Likes

Rasandik is a very good company to grow as an engineer because u will learn to guide and manage people working under you and you will come to learn very important and basic things which are essential for an engineer. But here you will not stay satisfied for a long term because the pay package is very low for freshers and experienced ones , and there is no procedure for increments and bonuses. There are many seniors who do not support or help new joinees and almost every person working under you will try not to follow your commands. But still this company has a very good status in market and if you are a person who always wants to explore and learn new things and you are eager to grab that knowledge then this company is a very good platform , just not for ones who are sentimental and sensitive as it requires a very bold person to stand in an automobile industry . Well the departments like design and development is very good and the staff there is very co-operative , they will never say no if you ask them anything about the work and the key essentials . Well at the last i would suggest every one to take your decisions carefully.

Dislikes

Most of the staff is repulsive ,they do not support new joinees. Any the pay scale is very low.

Salary - Bad

+5 more

Sr. Manager - PE & NPD

Engineering - Software & QA Department

4.0

• posted on 17 May 2018

4.0

for Salary and Benefits

Likes

The company is open to innovation and really adoptsI love facts that Iam a part of a team that markets reliblehigh quality products , latest technology.

Salary - Good

+2 more

Dislikes

compensation is decent but growth is slow .The work pressure is very high sometimes. i have to work 14 to 16 hrs straight in day

Quality Engineer in Pune

Quality Assurance Department

3.0

• posted on 08 Aug 2017

1.0

for Salary and Benefits

Likes

Good Company for start up, and learning..... though you have to learn by your own but still good for skill development

Skill development - Good

Dislikes

Lots of burden for work and very less salary..... Increment process is very slow... Management not good

Salary - Bad

+5 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Rasandik Engineering Industries India Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Rasandik Engineering Industries India ?

The average salary of a Purchase Executive at Rasandik Engineering Industries India in India typically ranges from ₹2.9 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Purchase Executive at Rasandik Engineering Industries India earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Purchase Executive Salaries at Rasandik Engineering Industries India 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 Rasandik Engineering Industries India employees in India.

What is the estimated take home salary of a Purchase Executive at Rasandik Engineering Industries India in India?

The estimated take-home salary of a Purchase Executive at Rasandik Engineering Industries India in India typically ranges from ₹23,717 to ₹25,174 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 5 years to 8 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 Rasandik Engineering Industries India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rasandik Engineering Industries India for Purchase Executive in India?

Endurance Technologies	₹4.0 Lakhs to ₹9.9 Lakhs per year
Subros	₹4.8 Lakhs to ₹6.8 Lakhs per year
Shriram Pistons & Rings	₹3.7 Lakhs to ₹8.5 Lakhs per year
Gabriel India	₹4.0 Lakhs to ₹5.0 Lakhs per year
Schaeffler India	₹2.4 Lakhs to ₹9.9 Lakhs per year

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

What is the salary of a Purchase Executive in companies similar to Rasandik Engineering Industries India in India?

The salary of a Purchase Executive at companies similar to Rasandik Engineering Industries India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Clayton	₹1.1 Lakhs to ₹6.2 Lakhs per year
Varroc Group	₹1.0 Lakhs to ₹8.5 Lakhs per year
Magna International	₹3.5 Lakhs to ₹5.5 Lakhs per year
DENSO	₹3.0 Lakhs to ₹7.5 Lakhs per year
CIE Automotive	₹2.5 Lakhs to ₹7.2 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 Purchase Executive at Rasandik Engineering Industries India in India?

The salary growth for a Purchase Executive at Rasandik Engineering Industries India depends on factors such as experience, performance, and promotions. On average, a Purchase Executive can expect the following growth trajectory at Rasandik Engineering Industries India:

Experience	Average Salary Range
5 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.9 Lakhs per year
7 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
8 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Rasandik Engineering Industries India Purchase Executive Salaries

Rasandik Engineering Industries India Purchase Executive salary in India ranges between ₹2.9 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Rasandik Engineering Industries India latest salaries received from various employees of Rasandik Engineering Industries India.