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Reftech Solutions Procurement Associate salaries in India

Annual salary range
1 - 4 years exp.
₹1.6 Lakh - ₹3 Lakhs
Salary of majority employees
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40% less than the average Procurement Associate Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

Procurement & Supply Chain
Procurement Associate Salary
1 - 2 years exp. (6 salaries)
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₹1.6 L/yr - ₹2.6 L/yr

Customer Success, Service & Operations
Procurement Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹3 L/yr

Human Resources
Procurement Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 27 Mar 2023

Companies similar to Reftech Solutions for Procurement Associate

Company name Avg Annual Salary Open Jobs
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Tech Mahindra Procurement Associate Salary

1 - 4 years exp. (4 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

arrow icon 49% more
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TCS Procurement Associate Salary

0 - 6 years exp. (11 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 35% more
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Wipro Procurement Associate Salary

0 - 3 years exp. (6 salaries)

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₹2.7 L/yr - ₹5.5 L/yr

arrow icon 49% more
1 job opening
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HCLTech Procurement Associate Salary

1 - 3 years exp. (15 salaries)

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₹2.7 L/yr - ₹3.9 L/yr

arrow icon 38% more
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LTIMindtree Procurement Associate Salary

0 - 6 years exp. (4 salaries)

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₹3.3 L/yr - ₹5.8 L/yr

arrow icon 93% more
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Mphasis Procurement Associate Salary

5 - 7 years exp. (4 salaries)

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₹6.5 L/yr - ₹7.8 L/yr

arrow icon 219% more
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Xyz Company Procurement Associate Salary

3 - 6 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.1 L/yr

arrow icon 83% more
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BNP Paribas Procurement Associate Salary

1 - 3 years exp. (4 salaries)

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₹3.8 L/yr - ₹5.2 L/yr

arrow icon 85% more
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HSBC Group Procurement Associate Salary

2 - 5 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.8 L/yr

arrow icon 37% more
Procurement Associate salary at Reftech Solutions ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 11 latest salaries received from various employees of Reftech Solutions.

Latest annual salaries shared by Reftech Solutions Procurement Associate

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Experience wise Reftech Solutions Procurement Associate salaries

Last Updated: 27 Mar 2023

Experience Avg Annual Salary
1 year  (6 salaries)

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₹1.6 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.6 L/yr

Similar Designation salaries in Reftech Solutions

Procurement Engineer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Procurement Specialist Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Procurement Executive Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Reftech Solutions Procurement Associate Salary FAQs

What is the salary of Procurement Associate at Reftech Solutions ?
The average salary of a Procurement Associate at Reftech Solutions in India typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Procurement Associate at Reftech Solutions earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Procurement Associate Salaries at Reftech Solutions 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 10+ Reftech Solutions employees in India.
What is the estimated take home salary of a Procurement Associate at Reftech Solutions in India?
The estimated take-home salary of a Procurement Associate at Reftech Solutions in India typically ranges from ₹16,228 to ₹17,902 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 10+ salaries received from various employees of Reftech Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Reftech Solutions for Procurement Associate in India?
Mphasis ₹6.5 Lakhs to ₹7.8 Lakhs per year
LTIMindtree ₹3.3 Lakhs to ₹5.8 Lakhs per year
BNP Paribas ₹3.8 Lakhs to ₹5.2 Lakhs per year
Xyz Company ₹3.5 Lakhs to ₹5.1 Lakhs per year
Tech Mahindra ₹2.3 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Reftech Solutions, depending on the role and experience level.
What is the salary of a Procurement Associate in companies similar to Reftech Solutions in India?
The salary of a Procurement Associate at companies similar to Reftech Solutions in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wipro ₹2.7 Lakhs to ₹5.5 Lakhs per year
HCLTech ₹2.7 Lakhs to ₹3.9 Lakhs per year
HSBC Group ₹2.5 Lakhs to ₹3.8 Lakhs per year
TCS ₹1.8 Lakhs to ₹4.0 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 Associate at Reftech Solutions in India?
The salary growth for a Procurement Associate at Reftech Solutions depends on factors such as experience, performance, and promotions. On average, a Procurement Associate can expect the following growth trajectory at Reftech Solutions:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹3.8 Lakhs per year
2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.0 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹4.6 Lakhs per year
and so on.

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Reftech Solutions Procurement Associate salary in India ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Reftech Solutions latest salaries received from various employees of Reftech Solutions.