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Ratnakar Ispat India

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3.2

based on 8 Reviews

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Ratnakar Ispat India Purchase Manager salaries in India

Annual salary range
3 - 6 years exp.
₹3.5 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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64% less than the average Purchase Manager Salary for 3 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Ratnakar Ispat India for Purchase Manager

Company name Avg Annual Salary Open Jobs
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Caparo Engineering India Purchase Manager Salary

8 - 16 years exp. (5 salaries)
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₹6 L/yr - ₹16.8 L/yr

arrow icon 179% more
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Indorama Purchase Manager Salary

9 - 18 years exp. (4 salaries)
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₹12.8 L/yr - ₹14.6 L/yr

arrow icon 241% more
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ABCI Infrastructures Purchase Manager Salary

7 - 15 years exp. (4 salaries)
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₹3.6 L/yr - ₹19 L/yr

arrow icon 115% more
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Honda Motorcycle & Scooter Purchase Manager Salary

9 - 17 years exp. (47 salaries)
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₹13.6 L/yr - ₹35 L/yr

arrow icon 442% more
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JCB Purchase Manager Salary

12 - 17 years exp. (39 salaries)
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₹12.7 L/yr - ₹27 L/yr

arrow icon 420% more
Purchase Manager salary at Ratnakar Ispat India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Ratnakar Ispat India .

Latest annual salaries shared by Ratnakar Ispat India Purchase Manager

1y ago
₹3.5 Lakhs
5 years exp.
1y ago
₹4.5 Lakhs
4 years exp.
1y ago
₹4.5 Lakhs
6 years exp.
1y ago
₹3.6 Lakhs
3 years exp.

Experience wise Ratnakar Ispat India Purchase Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
6 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr

Similar Designation salaries in Ratnakar Ispat India

Purchase Officer Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Purchase Executive Salary
(3 salaries)
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₹2.5 L/yr - ₹3 L/yr
Procurement Engineer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Assistant General Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

Salary related reviews for Ratnakar Ispat India

Graphic Designer in Bhilwara

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 31 May 2023
3.0
 for  Salary and Benefits

Likes

The HR Department is good, but the management prevents them prevents good policies.

  • Skill development - Excellent

Dislikes

Direct involvement of Management. No Job Security. Rude behavior of seniors and directors Termination without notice No HR Policies

read more
  • Job security - Bad
    • +4 more
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2w (edited)
peacemaker
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Georgia-Pacific
New offer. Confused.
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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Ratnakar Ispat India Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Ratnakar Ispat India ?
The average salary of a Purchase Manager at Ratnakar Ispat India in India typically ranges from ₹3.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Purchase Manager at Ratnakar Ispat India earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Purchase Manager Salaries at Ratnakar Ispat 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 Ratnakar Ispat India employees in India.
What is the estimated take home salary of a Purchase Manager at Ratnakar Ispat India in India?
The estimated take-home salary of a Purchase Manager at Ratnakar Ispat India in India typically ranges from ₹29,439 to ₹30,812 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 Ratnakar Ispat India . Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Ratnakar Ispat India for Purchase Manager in India?
Honda Motorcycle & Scooter ₹13.6 Lakhs to ₹35.0 Lakhs per year
JCB ₹12.7 Lakhs to ₹27.0 Lakhs per year
Indorama ₹12.8 Lakhs to ₹14.6 Lakhs per year
Caparo Engineering India ₹6.0 Lakhs to ₹16.8 Lakhs per year
ABCI Infrastructures ₹3.6 Lakhs to ₹19.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Ratnakar Ispat India , depending on the role and experience level.
How the salary growth look like for a Purchase Manager at Ratnakar Ispat India in India?
The salary growth for a Purchase Manager at Ratnakar Ispat India depends on factors such as experience, performance, and promotions. On average, a Purchase Manager can expect the following growth trajectory at Ratnakar Ispat India :

Experience Average Salary Range
3 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
6 years ₹3.9 Lakhs to ₹4.9 Lakhs per year
and so on.

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Ratnakar Ispat India Purchase Manager salary in India ranges between ₹3.5 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Ratnakar Ispat India latest salaries received from various employees of Ratnakar Ispat India .