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SBM Offshore Procurement Specialist salaries in India

Annual salary range
14 - 17 years exp.
₹23 Lakhs - ₹34.5 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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Fixed (91%)
₹25.6 Lakhs
Variable (9%)
₹2.4 Lakhs
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307% more than the average Procurement Specialist Salary in Oil & Gas Companies for 14 - 17 years of experience

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Last Updated: 22 Nov 2024

Companies similar to SBM Offshore for Procurement Specialist

Company name Avg Annual Salary Open Jobs
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Baker Hughes Procurement Specialist Salary

2 - 8 years exp. (61 salaries)

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₹4.4 L/yr - ₹10 L/yr

arrow icon 76% less
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ExxonMobil Procurement Specialist Salary

4 - 10 years exp. (12 salaries)

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₹6.7 L/yr - ₹11.5 L/yr

arrow icon 66% less
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Schlumberger Procurement Specialist Salary

3 - 11 years exp. (11 salaries)

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₹5.6 L/yr - ₹15 L/yr

arrow icon 64% less
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Shell Procurement Specialist Salary

5 - 11 years exp. (4 salaries)

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₹10 L/yr - ₹18.4 L/yr

arrow icon 53% less
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Weatherford Procurement Specialist Salary

3 - 15 years exp. (4 salaries)

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₹6.2 L/yr - ₹9 L/yr

arrow icon 72% less
Procurement Specialist salary at SBM Offshore ranges between ₹23 Lakhs to ₹34.5 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of SBM Offshore.

Latest annual salaries shared by SBM Offshore Procurement Specialist

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17 years exp.
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16 years exp.
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16 years exp.
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14 years exp.

Experience wise SBM Offshore Procurement Specialist salaries

Last Updated: 22 Nov 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹23 L/yr - ₹23 L/yr
15+ years  (5 salaries)

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₹26.5 L/yr - ₹34.5 L/yr

Similar Designation salaries in SBM Offshore

Procurement Engineer Salary
(AmbitionBox Estimate)
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₹14.7 L/yr - ₹18.7 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹11.5 L/yr - ₹14.7 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.4 L/yr
Buyer Salary
(7 salaries)
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₹8 L/yr - ₹21 L/yr
Supply Chain Manager Salary
(AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

Salary related reviews for SBM Offshore

Full Time

 · 

Production, Manufacturing & Engineering Department

2.0
  •  posted on 14 Dec 2024

1.0
 for  Salary and Benefits

Likes

Earlier the scope of work SBM BLR used to get from Netherlands was good. They built that expertise but the callous management shunned off the good engineers deliberately and now boasting about recruiting local Kannadigas in spite of their poor eligibility for the job.

read more

Dislikes

The comp[any boasts a culture of favouring local Kannadigas, irrespective of quality of their knowledge, skill set or simply the capacity to gel with team mates. The top management proudly says not to recruit non-locals ( non-Kannadigas). In electrical there is a lead engineer named K.V.Manjunatha, who is a very good micro-manager, higher managements PET. He does no work, whatever work he is assigned, he passes on to other team mates, and while submitting he tries to steal the show. He blames the team mates for any reason, he will call everyone once you go on a leave. He has zero knowledge, but he will call for meetings and will take inputs from you before the meeting to glorify himself. Overall the company is ruining the good culture that they harvested in the year 2012-2023. Deliberately they disposed off the good engineers and now all they are doing is uplift the Kannada image. No wonder if the Netherlands does not intervene it will reduce to local engineering company dealing with crap work from Europe.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 01 Apr 2024

2.0
 for  Salary and Benefits

Likes

Worst company...worst HR manager...worst people...Worst practices...No ethics...double standards...Will never ever work for this company in my life at any situation and cost...third class standardless company...I am talking about India Unit...

read more

Dislikes

HR manager, Idiots do not have the ethics while saying you are late to office by 30 minutes but wont say anything when you are working till late nights..double standards Bad viewing of Work from Home...its a cultural shock there...dont get the shock...just dont work here No ethics to what they commit

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Energy & Mining Department

1.0
  •  posted on 23 Jun 2023

2.0
 for  Salary and Benefits

Likes

Work life balance is ok.

Dislikes

Piping department manager is a novice, not taking responsibility for employees under him. No skill development or no support from him during appraisal time. Doesn't keep his promises. He's simply a dummy half baked guy with lot of insecurities. Not worth to be a manager at all. People are leaving the company from piping department mainly because of him.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 28 Jul 2020

5.0
 for  Salary and Benefits

Likes

Good work environment. They analyze the situation every time and planned accordingly. Time to time updates and great efforts by management to operate vessel smoothly and to keep crew safe and healthy

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing

Commissioning Department

5.0
  •  posted on 03 Dec 2017

5.0
 for  Salary and Benefits

Likes

Working with a company like SBM Offshore is a great experienced. Despite of its Multinational employees the company maintained its standard. Equal opportunity , you cannot feel racial discrimination .

read more
  • Salary - Excellent
  • +6 more

Dislikes

None

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SBM Offshore Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at SBM Offshore ?
The average salary of a Procurement Specialist at SBM Offshore in India typically ranges from ₹23.0 Lakhs to ₹34.5 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Procurement Specialist at SBM Offshore earn more than ₹34.5 Lakhs per year, and the top 1% earn over ₹34.5 Lakhs per year. Procurement Specialist Salaries at SBM Offshore 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 6 SBM Offshore employees in India.
What is the estimated take home salary of a Procurement Specialist at SBM Offshore in India?
The estimated take-home salary of a Procurement Specialist at SBM Offshore in India typically ranges from ₹1,74,498 to ₹1,81,251 per month. This is based on the average salary range of ₹23.0 Lakhs to ₹34.5 Lakhs per year for employees with experience ranging from 14 years to 17 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 6 salaries received from various employees of SBM Offshore. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Procurement Specialist in companies similar to SBM Offshore in India?
The salary of a Procurement Specialist at companies similar to SBM Offshore in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shell ₹10.0 Lakhs to ₹18.4 Lakhs per year
Schlumberger ₹5.6 Lakhs to ₹15.0 Lakhs per year
ExxonMobil ₹6.7 Lakhs to ₹11.5 Lakhs per year
Weatherford ₹6.2 Lakhs to ₹9.0 Lakhs per year
Baker Hughes ₹4.4 Lakhs to ₹10.0 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 Specialist at SBM Offshore in India?
The salary growth for a Procurement Specialist at SBM Offshore depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at SBM Offshore:

Experience Average Salary Range
14 years ₹23.0 Lakhs to ₹23.0 Lakhs per year
15 years ₹26.5 Lakhs to ₹34.5 Lakhs per year
and so on.

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SBM Offshore Procurement Specialist salary in India ranges between ₹23 Lakhs to ₹34.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 SBM Offshore latest salaries received from various employees of SBM Offshore.