Signify Procurement Engineer Salaries by 5 Employees (Updated 2024)

10 - 14 years exp.

₹13 Lakhs - ₹25 Lakhs

Low Confidence

Salary of majority employees

307% more than the average Procurement Engineer Salary in Consumer Electronics & Appliances Companies for 10 - 14 years of experience

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Last Updated: 9 Mar 2024

Companies similar to Signify for Procurement Engineer

Company name	Avg Annual Salary	Open Jobs
Havells Procurement Engineer Salary 2 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹3.8 L/yr 81% less
Panasonic Life Solutions India Procurement Engineer Salary 1 - 9 years exp. (9 salaries)	₹3.6 L/yr - ₹7.5 L/yr 71% less
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LG Electronics Procurement Engineer Salary 0 - 5 years exp. (21 salaries)	₹3 L/yr - ₹5 L/yr 80% less
Voltas Procurement Engineer Salary 9 - 24 years exp. (8 salaries)	₹4.2 L/yr - ₹6 L/yr 70% less
Vivo Procurement Engineer Salary 0 - 2 years exp. (7 salaries)	₹3.3 L/yr - ₹5.7 L/yr 78% less
Panasonic Procurement Engineer Salary 4 - 6 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 62% less
Philips Procurement Engineer Salary 7 - 10 years exp. (4 salaries)	₹11 L/yr - ₹23 L/yr 10% less
Daikin Procurement Engineer Salary 7 years exp. (3 salaries)	₹5.8 L/yr - ₹7 L/yr 66% less

Procurement Engineer salary at Signify ranges between ₹13 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Signify.

Experience wise Signify Procurement Engineer salaries

Last Updated: 9 Mar 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹13 L/yr - ₹25.6 L/yr
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12 years (AmbitionBox Estimate)	₹13 L/yr - ₹32 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹25 L/yr
14 years (AmbitionBox Estimate)	₹25 L/yr - ₹25 L/yr

Similar Designation salaries in Signify

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(AmbitionBox Estimate)

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Procurement Executive Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Assistant Engineer Salary

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₹8.82 L/yr - ₹13.75 L/yr

Senior Engineer Salary

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₹15 L/yr - ₹28 L/yr

Junior Engineer Salary

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₹5 L/yr - ₹6.4 L/yr

Process Associate Salary

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Purchase Officer Salary

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Purchase Assistant Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

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Salary related reviews for Signify

Project Engineer in Noida

Construction & Site Engineering Department

4.0

• posted on 28 Sep 2021

5.0

for Salary and Benefits

Likes

...omfortable and enjoyable. Here lot of project done, and gain too much knowledge. Salary received timely and cooperative seniors.

Dislikes

During project time, I was project engineer, but company totally report feedback taking with contractor, if any fault accur during project, company blame on project engineer,

Sales Specialist in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

On time salary and well known brand

Dislikes

Company culture, if you are a women you can easily survive in this company without any knowledge and communication skills. If you listen to your boss then you will sustain here else they will point out for every situation. And mainly domination from the head office people in respected region's.

Assistant Development Engineer in Noida

Full Time

Engineering - Software & QA Department

1.0

• posted on 01 Aug 2024

3.0

for Salary and Benefits

Likes

The salary package is satisfactory but there are no other benefits.

Dislikes

The work culture is terrible, the higher management is stodgy, no parking facility, no cab facility, overtime working without extra payment. Promotions happen after 3 years and nothing new to learn.

Sales Specialist in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 07 Oct 2023

5.0

for Salary and Benefits

Likes

Only pay structure and benefits are good. rest everything is on toss.

Dislikes

They hire from non lighting background, stil they don't give any formal training or induction, pure primary oriented company, They expect you to perform since day 1 without giving any training and induction, rate issue in market ,it is just brand that sells. At Channel partner level you will find rate issue , company person offers unnecessary discount to get primary number....0 job security, 0 work life balance even if someone on deathbed then also they will ask you daily primary no. And you may be asked to join call. Also they remind you that you are not doing anything on that vary day

Sales Specialist in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 12 Jul 2023

3.0

for Salary and Benefits

Likes

Product and other compensation perks is the only good thing about Signify

Dislikes

Work culture. Zero work life balance Unnecessary mental pressure Delivery of material on time Process Transparency in work with line managers Trust or faith for team work Unrealistic targets

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Signify Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at Signify?

Procurement Engineer salary at Signify in India ranges between ₹13.0 Lakhs to ₹25.0 Lakhs for experience between 10 years to 14 years. According to our estimates it is 307% more than the average Procurement Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Signify India.

How does the salary of a Procurement Engineer at Signify India compare with the average salary range for this job?

The average salary of a Procurement Engineer at Signify is 307% more than the average salary of a Procurement Engineer in India. To know exact salary insights, login to view.

What is the salary of a Procurement Engineer in companies similar to Signify in India?

Philips Procurement Engineer Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
Panasonic Procurement Engineer Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
Daikin Procurement Engineer Salary - ₹5.8 Lakhs to ₹7.0 Lakhs per year
Voltas Procurement Engineer Salary - ₹4.2 Lakhs to ₹6.0 Lakhs per year
Panasonic Life Solutions India Procurement Engineer Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Procurement Engineer at Signify in India?

The estimated take-home salary of a Procurement Engineer at Signify ranges between ₹1,22,583 per month to ₹1,26,184 per month in India. The take-home salary calculation is based on the average Signify Procurement Engineer salary in India which ranges between ₹13.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 10 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Procurement Engineer at Signify?

According to AmbitionBox, 50% of the Signify Procurement Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Signify Procurement Engineer Salaries

Signify Procurement Engineer salary in India ranges between ₹13 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Signify latest salaries received from various employees of Signify.