Renold Chain Purchase Engineer Salaries by 3 Employees

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₹2.7 Lakhs - ₹4.9 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Purchase Engineer Salary in Industrial Machinery Companies for 4 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Renold Chain for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Bijlee Purchase Engineer Salary 5 - 10 years exp. (4 salaries)	₹5 L/yr - ₹8 L/yr 65% more
PIX Transmissions Purchase Engineer Salary 3 - 5 years exp. (7 salaries)	₹3.1 L/yr - ₹5.5 L/yr 20% more
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J K Fenner Purchase Engineer Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹5.8 L/yr 6% more
SKF Purchase Engineer Salary 1 - 11 years exp. (7 salaries)	₹2 L/yr - ₹6.5 L/yr 30% more
Maschio Gaspardo Purchase Engineer Salary 3 - 7 years exp. (14 salaries)	₹3 L/yr - ₹7.3 L/yr 30% more
Komatsu Purchase Engineer Salary 4 - 8 years exp. (11 salaries)	₹4.4 L/yr - ₹6.5 L/yr 45% more
Veer-O-- Metals Purchase Engineer Salary 1 - 5 years exp. (11 salaries)	₹2 L/yr - ₹6.8 L/yr 44% more
Hyundai Construction Equipment Purchase Engineer Salary 2 - 5 years exp. (10 salaries)	₹3 L/yr - ₹4.9 L/yr 3% less
Phoenix Mecano Purchase Engineer Salary 3 - 7 years exp. (8 salaries)	₹4.4 L/yr - ₹5.5 L/yr 31% more
Bobst India Purchase Engineer Salary 5 - 9 years exp. (8 salaries)	₹7 L/yr - ₹10 L/yr 140% more
Gilbarco Veeder Root Purchase Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹4 L/yr 22% less
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L&T–MHI Power Boilers Purchase Engineer Salary 8 - 12 years exp. (5 salaries)	₹5.5 L/yr - ₹8 L/yr 78% more
Grundfos Pumps Purchase Engineer Salary 5 - 8 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 23% more
Schenck Process India Purchase Engineer Salary 2 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹4.3 L/yr 4% less
Bosch Power Tools Purchase Engineer Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 19% less

Purchase Engineer salary at Renold Chain ranges between ₹2.7 Lakhs to ₹4.9 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Renold Chain.

Experience wise Renold Chain Purchase Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.7 L/yr - ₹4.8 L/yr
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Similar Designation salaries in Renold Chain

Purchase Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Graduate Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Engineer Salary

(9 salaries)

₹3.9 L/yr - ₹5.4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(6 salaries)

₹7.3 L/yr - ₹8.45 L/yr

Salary related reviews for Renold Chain

Senior Sales Engineer in Karur

Full Time

SALES AND MARKETING Department

3.0

• posted on 14 Feb 2022

1.0

for Salary and Benefits

Likes

Renold is a good company for who wants to start their carrier in manufacturing sector.

Skill development - Excellent

Dislikes

Compensation is very poor. Growth is also very slow. Top management does not value your work and individual's Strength. My best advice doesn't choose Renold.

Salary - Bad

+5 more

Sales & Marketing in India

Sales & Business Development Department

3.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

For junior level people its a food company. Freshers can also work in their initial career just to get some exposure to engineering industry.

Dislikes

There is no job security. Although its a MNC but peoples (mid & senior level managers) are not allowed to take decisions and working culture is exactly like family owned (Lala) company. There is not a single company policy which is in favour of employee, all the policies are designed in such a way that only company will be benefited. I got good increment during my tenure but there are people working since more than 10 years but got increment of 1% 1/2% in this way company is insulating their employees. Only selected people are getting good opportunities to grow.

Salary - Bad

+4 more

Sales in Karur

Sales & Marketing Department

1.0

• posted on 28 Mar 2021

1.0

for Salary and Benefits

Likes

There is nothing i like about this company... Will not refer anyone here.

Dislikes

Poor management.... Too much politics.... No job security.... No scope for growth....management will never favour employees....

Salary - Bad

+6 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Renold Chain Purchase Engineer Salary FAQs

What is the notice period for Purchase Engineer at Renold Chain?

According to AmbitionBox, 100% of the Renold Chain Purchase Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Renold Chain Purchase Engineer Salaries

Renold Chain Purchase Engineer salary in India ranges between ₹2.7 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Renold Chain latest salaries received from various employees of Renold Chain.