Sumitomo Mitsui Banking Corporation Procurement Officer Salaries by Employees

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₹3.2 Lakhs - ₹4 Lakhs

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Last Updated: 13 Jun 2024

Companies similar to Sumitomo Mitsui Banking Corporation for Procurement Officer

Company name	Avg Annual Salary	Open Jobs
RSPL Group Procurement Officer Salary 0 - 3 years exp. (20 salaries)	₹2.2 L/yr - ₹5 L/yr 4% more
ITC Procurement Officer Salary 0 - 10 years exp. (22 salaries)	₹4.1 L/yr - ₹8 L/yr 48% more	1 job opening
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BlackBuck Procurement Officer Salary 5 - 10 years exp. (17 salaries)	₹3.9 L/yr - ₹5.8 L/yr 32% more
Wipro Procurement Officer Salary 0 - 4 years exp. (16 salaries)	₹2 L/yr - ₹3.6 L/yr 14% less
Mjunction Services Procurement Officer Salary 4 - 12 years exp. (13 salaries)	₹3.9 L/yr - ₹5.6 L/yr 26% more

Procurement Officer salary at Sumitomo Mitsui Banking Corporation ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

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Officer Salary

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Deputy Manager Salary

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₹5.9 L/yr - ₹7.5 L/yr

Senior Analyst Salary

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Supply Chain Executive Salary

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₹5.3 L/yr - ₹6.8 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

Senior Officer in Mumbai

Full Time

Human Resources Department

1.0

• posted on 27 Nov 2023

1.0

for Salary and Benefits

Likes

Nice office infrastructure

Dislikes

... Deep micro management Suffocates employees which is why having high attrition Very low salaries as per mkt Manager ask to work on sat sun compulsory

Salary - Bad

+6 more

Business Analyst in New Delhi

Full Time

Other Department

2.0

• posted on 09 Nov 2023

2.0

for Salary and Benefits

Likes

1. Job security - good place for people who don't want to do anything. You can sit, and enjoy free salary. 2. Training on how to massage people's ego

Job security - Excellent

Dislikes

1. No Growth opportunities 2. Technical handicap processes 3. Office politics 4. Few Indians making this Lalaji ki dukaan instead of Japanese MNC

Salary - Poor

+3 more

Analyst in New Delhi

Full Time

Finance & Accounting Department

2.0

• posted on 05 Feb 2023

2.0

for Salary and Benefits

Likes

Good learning opportunity for most of the part .

Dislikes

No specified working hour . Staff shortage lead to over burden on employee no additional compensation . TL will call you on you date off/ even on block leave .

Salary - Poor

+5 more

Assistant Vice President in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 13 Apr 2019

3.0

for Salary and Benefits

Likes

Steady business and moderate work pressure. Work-Life balance. variable compensation is high even for support groups. Job security even if one doesn't perform.

Job security - Excellent

+1 more

Dislikes

Compensation not bench marked to performance. Performance is measured by hours in office not per-se the output. Low mobility. High office politics. You should be lucky if you get to work under strong leadership.

Promotions - Poor

+1 more

Vice President (VP) in Mumbai

Corporate Banking Department

1.0

• posted on 03 Aug 2022

2.0

for Salary and Benefits

Likes

Not much to like. Still following hybrid work policy so thats a positive.

Job security - Good

+1 more

Dislikes

...ted as 2nd class citizens. 2. Bureaucratic 3. No learning/ skill development 4. Poor salary hikes and appraisals 5. No transparency/ accountability

Salary - Poor

+4 more

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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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Sumitomo Mitsui Banking Corporation Procurement Officer Salary FAQs

How the salary growth look like for a Procurement Officer at Sumitomo Mitsui Banking Corporation in India?

The salary growth for a Procurement Officer at Sumitomo Mitsui Banking Corporation depends on factors such as experience, performance, and promotions. On average, a Procurement Officer can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience	Average Salary Range
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Procurement Officer Salaries

Sumitomo Mitsui Banking Corporation Procurement Officer salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of Sumitomo Mitsui Banking Corporation.