SKF Buyer Salaries by 4 Employees (Updated 2024)

0 - 10 years exp.

₹5.2 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

49% more than the average Buyer Salary in Auto Components Companies for 0 - 10 years of experience

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Last Updated: 20 Jan 2024

Companies similar to SKF for Buyer

Company name	Avg Annual Salary	Open Jobs
ZF Commercial Vehicle Control Systems Buyer Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3.6 L/yr 78% less
Bosch Buyer Salary 3 - 10 years exp. (6 salaries)	₹3.5 L/yr - ₹17 L/yr 15% less
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Asahi India Glass Buyer Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹9.5 L/yr 51% less
Pricol Buyer Salary 2 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹4.5 L/yr 67% less
Spark Minda Buyer Salary 1 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹1.8 L/yr 86% less

Buyer salary at SKF ranges between ₹5.2 Lakhs to ₹22.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SKF.

Experience wise SKF Buyer salaries

Last Updated: 20 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
3 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
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7 years (AmbitionBox Estimate)	₹20.3 L/yr - ₹25.9 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in SKF

Deputy Manager Salary

(112 salaries)

₹9.55 L/yr - ₹21 L/yr

Senior Engineer Salary

(15 salaries)

₹6.45 L/yr - ₹14.5 L/yr

Purchase Manager Salary

(6 salaries)

₹10 L/yr - ₹19.5 L/yr

Senior Analyst Salary

(5 salaries)

₹8.1 L/yr - ₹11 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Purchase Engineer Salary

(5 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Purchase Executive Salary

(20 salaries)

₹2 L/yr - ₹4.5 L/yr

Process Associate Salary

(4 salaries)

₹1.8 L/yr - ₹8.5 L/yr

Top skills at SKF for Buyer

Cost Reduction Cost Procurement EHS Strategic Sourcing RFP RFQ Operations QMS

Salary related reviews for SKF

Applications Engineer in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Good work place environment. Good policies Good work life balance

Dislikes

Salary grade market correction must be done. High level of Favoritism by management employees who stay in the system for long time. Such people bend the company rules to favour their favourite employees.

Product Engineer in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 16 May 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bad company to work with. Does not pay well. HR is worst team. They say company will pay variable of 15% at the time of joining. They are complete liars. You don’t even get half. Zero ethics and culture. I don’t recommend anyone joining atleast in Bangalore, India office.

Reliability Engineer in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Company offers competitive salary only. Good leave policy. Management is good. On time salaries.Flexible working hours for employees who will work at office.

Dislikes

Increments are average.Not getting very good salary. No career growth and promotions. Company don’t offer salary to senior employees as per their expectation and work experience. Will not get preferred job location even after working more than 10 years. Work pressure is high.

Production in Mumbai

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Dec 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.company politics are good,appraisals are fair and they give good salary hike and bonus every year

Dislikes

Salary is decent but career growth is slow on job training is not given to new joinees

Diploma Trainee Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 11 Aug 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiners.

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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SKF Buyer Salary FAQs

What is the salary of Buyer at SKF?

Buyer salary at SKF in India ranges between ₹5.2 Lakhs to ₹22.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 49% more than the average Buyer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SKF India.

How does the salary of a Buyer at SKF India compare with the average salary range for this job?

The average salary of a Buyer at SKF is 49% more than the average salary of a Buyer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Buyer at SKF?

Cost Reduction, Cost, Procurement, EHS and Strategic Sourcing are some of the popular skills required to work as a Buyer at SKF India.

What is the salary of a Buyer in companies similar to SKF in India?

Bosch Buyer Salary - ₹3.5 Lakhs to ₹17.0 Lakhs per year
Asahi India Glass Buyer Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
Pricol Buyer Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
ZF Commercial Vehicle Control Systems Buyer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
Spark Minda Buyer Salary - ₹1.5 Lakhs to ₹1.8 Lakhs per year

What is the estimated take home salary of a Buyer at SKF in India?

The estimated take-home salary of a Buyer at SKF ranges between ₹83,690 per month to ₹85,877 per month in India. The take-home salary calculation is based on the average SKF Buyer salary in India which ranges between ₹5.2 Lakhs to ₹22.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Buyer at SKF?

According to AmbitionBox, 100% of the SKF Buyers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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SKF Buyer Salaries

SKF Buyer salary in India ranges between ₹5.2 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SKF latest salaries received from various employees of SKF.