Reitz India Junior Purchase Manager Salaries by 4 Employees

4 - 7 years exp.

₹5.1 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Junior Purchase Manager Salary in Industrial Machinery Companies for 4 - 7 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Reitz India for Junior Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Nelson Global Products Junior Purchase Manager Salary 5 - 8 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 5% less
suzuki motor gujarat Junior Purchase Manager Salary 2 - 7 years exp. (23 salaries)	₹5 L/yr - ₹10 L/yr 50% more
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Rungta Mines Junior Purchase Manager Salary 3 - 10 years exp. (14 salaries)	₹3 L/yr - ₹7.5 L/yr 8% less
VE Commercial Vehicles Junior Purchase Manager Salary 1 - 7 years exp. (12 salaries)	₹2.7 L/yr - ₹5.3 L/yr 34% less
Cummins Junior Purchase Manager Salary 5 - 14 years exp. (10 salaries)	₹3.4 L/yr - ₹9 L/yr 5% more

Junior Purchase Manager salary at Reitz India ranges between ₹5.1 Lakhs to ₹7 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Reitz India.

Experience wise Reitz India Junior Purchase Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr

Similar Designation salaries in Reitz India

Purchase Manager Salary

(AmbitionBox Estimate)

₹8.2 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(11 salaries)

₹6 L/yr - ₹9.2 L/yr

Senior Engineer Salary

(4 salaries)

₹4 L/yr - ₹5 L/yr

Salary related reviews for Reitz India

Field Engineer in Kolkata

Field Services Department Department

3.0

• posted on 12 Jul 2022

2.0

for Salary and Benefits

Likes

Salary gives time to time every month . Management/Hr. Policy is very good at CHQ (Hyderabad). Products quality & design are outstanding of ID & FD fan, Blowers.

Dislikes

Field Services Department working cultures are very poor(Kolkata- Easter Zone). Somebody think, they are the owner of this company and misconduct to junior office colleagues.

Salary - Poor

+4 more

Administration Executive And Secretary in PATANCHERU, PASHAMYLARAM VILLAGE, SANGAREDDY DISTRICT

Full Time

Administration & Facilities Department

5.0

• posted on 23 Sep 2022

5.0

for Salary and Benefits

Likes

IN REITZ INDIA MANAGEMENT IS VERY FRIENDLY AND GOOD. IT'S VERY GOOD ATMOSPHERE TO WORK AND HELPS TO LEARN WOK. MANAGEMENT ALSO SUPPORTIVE TO STAFF. AS A SECRETARY TO MANAGEMENT I FELT GOOD AND PEACEFUL ATMOSPHERE IN REITZ

Salary - Excellent

+6 more

Dislikes

IN REITZ HR DEPARTMENT IS VERY WORST, THEY DON'T KNOW THE KNOWLEDGE OF HR SYSTEM AND THEY DON'T KNOW HOW TO DEAL WITH STAFF. WORST DEPARTMENT IN REITZ IS HR DEPARTMENT. THEY BEHAVED WITH STAFF LIKE LABOUR PEOPLE. THEY DIDN'T HAVE DIGNITY.

Assistant General Manager in Gurgaon / Gurugram

Research & Development Department

5.0

• posted on 07 Dec 2018

5.0

for Salary and Benefits

Likes

Reitz India is one of the best Engineering company in India which provide unique growth opportunities to employees.

Salary - Excellent

+6 more

Dislikes

Management consider all employees are equal and it may give enough time to underperforming employees to look for alternatives.

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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Reitz India Junior Purchase Manager Salary FAQs

What is the salary of Junior Purchase Manager at Reitz India ?

The average salary of a Junior Purchase Manager at Reitz India in India typically ranges from ₹5.1 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Junior Purchase Manager at Reitz India earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Junior Purchase Manager Salaries at Reitz 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 Reitz India employees in India.

What is the estimated take home salary of a Junior Purchase Manager at Reitz India in India?

The estimated take-home salary of a Junior Purchase Manager at Reitz India in India typically ranges from ₹43,954 to ₹45,060 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 Reitz India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Reitz India for Junior Purchase Manager in India?

suzuki motor gujarat	₹5.0 Lakhs to ₹10.0 Lakhs per year
Cummins	₹3.4 Lakhs to ₹9.0 Lakhs per year

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

What is the salary of a Junior Purchase Manager in companies similar to Reitz India in India?

The salary of a Junior Purchase Manager at companies similar to Reitz India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nelson Global Products	₹5.0 Lakhs to ₹6.0 Lakhs per year
Rungta Mines	₹3.0 Lakhs to ₹7.5 Lakhs per year
VE Commercial Vehicles	₹2.7 Lakhs to ₹5.3 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 Junior Purchase Manager at Reitz India in India?

The salary growth for a Junior Purchase Manager at Reitz India depends on factors such as experience, performance, and promotions. On average, a Junior Purchase Manager can expect the following growth trajectory at Reitz India:

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹5.4 Lakhs to ₹7.0 Lakhs per year
7 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Reitz India Junior Purchase Manager Salaries

Reitz India Junior Purchase Manager salary in India ranges between ₹5.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reitz India latest salaries received from various employees of Reitz India.