SKF Bangalore / Bengaluru Purchase Executive Salaries by 7 Employees

1 - 5 years exp.

₹2 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% less than the average Purchase Executive Salary in Auto Components Companies for 1 - 5 years of experience

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Last Updated: 16 Jun 2024

Companies similar to SKF for Purchase Executive in Bangalore / Bengaluru

SKF Purchase Executive Salary

1 - 5 years exp. (7 salaries)

₹2 L/yr - ₹3.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Imperial Auto Industries Purchase Executive Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr 5% less
Magna International Purchase Executive Salary 4 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr 61% more
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Bharat Electronics Purchase Executive Salary 1 - 5 years exp. (33 salaries)	₹1.5 L/yr - ₹6.5 L/yr 30% more
Yokogawa Purchase Executive Salary 0 - 3 years exp. (32 salaries)	₹2.4 L/yr - ₹5.1 L/yr 18% more
Syngene International Purchase Executive Salary 1 - 8 years exp. (32 salaries)	₹3 L/yr - ₹6.1 L/yr 43% more

Purchase Executive salary at SKF ranges between ₹2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries received from various employees of SKF.

Experience wise SKF Purchase Executive salaries in Bangalore / Bengaluru

Last Updated: 16 Jun 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.2 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in SKF

Senior Engineer Salary

(10 salaries)

₹6.45 L/yr - ₹14 L/yr

Store Executive Salary

(5 salaries)

₹2.85 L/yr - ₹4.3 L/yr

Purchase Manager Salary

(3 salaries)

₹12 L/yr - ₹16.2 L/yr

Salary related reviews for SKF

4.0

Rated by 2 employees for salary & benefits

Store Executive in Bangalore / Bengaluru

STORE, SUPPLYCHAIN Department

5.0

• posted on 14 Aug 2017

3.0

for Salary and Benefits

Likes

PRESENT I'M WORKING FOR SKF INDIA LTD FROM PAST 9 YEAR 10 MONTHS I LIKE THIS JOB BUT ITS A OUT SOURCE CONTRACT OF MAHINDRA LOGISTICS PVT LTD. ITS NOT A PERMANENT JOB SO I'M LOOKING FOR PERMANENT JOB

Skill development - Excellent

+3 more

Dislikes

NOT GETTING INCRIMENT, BONUS ON TIME.

Job security - Bad

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

Job security - Excellent

+3 more

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.

Promotions - Bad

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.

Salary - Bad

+5 more

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.

Salary - Good

+5 more

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.

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.

Salary - Excellent

+6 more

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SKF Purchase Executive Salary FAQs

What is the salary of Purchase Executive at SKF in Bangalore / Bengaluru?

The average salary of a Purchase Executive at SKF in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Purchase Executive in Bangalore / Bengaluru at SKF earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Purchase Executive Salaries at SKF 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 7 SKF employees in India.

What is the estimated take home salary of a Purchase Executive at SKF in Bangalore / Bengaluru?

The estimated take-home salary of a Purchase Executive at SKF in Bangalore / Bengaluru typically ranges from ₹23,219 to ₹24,684 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 5 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 7 salaries received from various employees of SKF. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SKF for Purchase Executive in India?

Magna International	₹4.5 Lakhs to ₹5.5 Lakhs per year
Syngene International	₹3.0 Lakhs to ₹6.1 Lakhs per year
Bharat Electronics	₹1.5 Lakhs to ₹6.5 Lakhs per year
Yokogawa	₹2.4 Lakhs to ₹5.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SKF, depending on the role and experience level.

What is the salary of a Purchase Executive in companies similar to SKF in Bangalore / Bengaluru?

The salary of a Purchase Executive at companies similar to SKF in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Imperial Auto Industries

₹2.1 Lakhs to ₹3.1 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 Purchase Executive at SKF in Bangalore / Bengaluru?

The salary growth for a Purchase Executive at SKF in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Purchase Executive in Bangalore / Bengaluru can expect the following growth trajectory at SKF:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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SKF Purchase Executive Salaries in Bangalore / Bengaluru

SKF Purchase Executive salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SKF latest salaries received from various employees of SKF.