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Rieco Industries Purchase Engineer salaries in Pune

Annual salary range
2 - 5 years exp.
₹4.1 Lakhs - ₹5.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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15% more than the average Purchase Engineer Salary for 2 - 5 years of experience

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Last Updated: 23 May 2024

Companies similar to Rieco Industries for Purchase Engineer in Pune

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Rieco Industries Purchase Engineer Salary

2 - 5 years exp. (3 salaries)

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₹4.1 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TKIL Purchase Engineer Salary

3 - 5 years exp. (11 salaries)

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₹3 L/yr - ₹6.1 L/yr

arrow icon 8% less
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Thermax Limited Purchase Engineer Salary

2 - 9 years exp. (40 salaries)

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₹2 L/yr - ₹7.1 L/yr

arrow icon 18% more
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Alfa Laval Purchase Engineer Salary

1 - 12 years exp. (4 salaries)

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₹2.4 L/yr - ₹10 L/yr

arrow icon 44% more
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₹2.4 L/yr - ₹5.2 L/yr

arrow icon 3% more
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₹3.6 L/yr - ₹4.4 L/yr

arrow icon 2% less
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Dhoot Transmission Purchase Engineer Salary

0 - 4 years exp. (8 salaries)

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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 37% less
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₹2.2 L/yr - ₹5.5 L/yr

arrow icon 31% less
Purchase Engineer salary at Rieco Industries ranges between ₹4.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Rieco Industries.

Latest annual salaries shared by Rieco Industries Purchase Engineer in Pune

8mo ago
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2 years exp.
1y ago
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5 years exp.
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5 years exp.

Experience wise Rieco Industries Purchase Engineer salaries in Pune

Last Updated: 23 May 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.5 L/yr

Similar Designation salaries in Rieco Industries

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₹4.2 L/yr - ₹6.6 L/yr
Deputy Manager Salary
(9 salaries)
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₹9 L/yr - ₹11.5 L/yr
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₹5 L/yr - ₹6.5 L/yr
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₹9.5 L/yr - ₹14.5 L/yr

Salary related reviews for Rieco Industries

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 12 May 2023

1.0
 for  Salary and Benefits

Likes

Flexibility in working.

  • Work-life balance - Good

Dislikes

...are in good books of MD get promoted. There is no respect for Seniors at all. Salary raise is Put in Variable Pay and at the end of the year, they say your performance is not good and they dont give you good rating. No views from Seniors are considered. Only what MD says is to be heard.

read more
  • Salary - Bad
    +5 more

APC sales Engineer West Zone Department

4.0
  •  posted on 01 Feb 2019

3.0
 for  Salary and Benefits

Likes

Decent staff. Travelling allowances are good

  • Skill development - Excellent
    +2 more

Dislikes

CTC is quit good but your salary in hand is too low. Work culture is avarage. Growth is poor. There are no training sessions directly you have to start workin and self learning.

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Aug 2024

4.0
 for  Salary and Benefits

Likes

I've been working at RIECO for the last 3 years and started my professional journey with RIECO which helped me grow as a human & a professional with immense opportunities in sales & marketing. The work culture is great & the flexibility I get without micromanaging helped me figure things out on my own here.

read more
  • Salary - Good
    +3 more

Dislikes

There has been a lot of reorganizing & restructuring which does not let you settle down here. Management wants to experiment with the way the engineering practices & sales are done which eventually hurts ongoing projects & leads to the wrath of clients. The canteen service at Head office is excellent, but the quality goes down at another office location.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 Nov 2023

4.0
 for  Salary and Benefits

Likes

Good product mix provides excellent learning opportunities. Handling complexities help develop the people in process into very experienced resources.

read more
  • Salary - Good
    +6 more

Dislikes

Inconsistent policy and adhoc decision making at the top

Sales & Marketing Department

3.0
  •  posted on 22 Oct 2021

5.0
 for  Salary and Benefits

Likes

Liberal culture , Good people less of corporate politics

  • Salary - Excellent
    +3 more

Dislikes

Too many Retired old school (read Government type) employees , Don’t take responsibility but have all the authority, decision making is too slow by these old leaders , However young leaders are equally dynamic

read more
  • Work satisfaction - Poor
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Rieco Industries Purchase Engineer Salary FAQs

What is the notice period for Purchase Engineer at Rieco Industries in Pune?
According to AmbitionBox, 100% of the Rieco Industries Purchase Engineers in Pune reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Rieco Industries Purchase Engineer salary in Pune ranges between ₹4.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Rieco Industries latest salaries received from various employees of Rieco Industries.