Syncom Formulations India Purchase Executive Salaries by 5 Employees

5 - 17 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Purchase Executive Salary in Pharma Companies for 5 - 17 years of experience

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Last Updated: 11 Dec 2023

Companies similar to Syncom Formulations India for Purchase Executive

Company name	Avg Annual Salary	Open Jobs
Parle Global Technologies Purchase Executive Salary 0 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹3.6 L/yr 24% less
Adcock Ingram Purchase Executive Salary 3 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹5.4 L/yr 41% more
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Zoetis Purchase Executive Salary 3 - 10 years exp. (4 salaries)	₹3.3 L/yr - ₹5.2 L/yr 26% more
Aarti Drugs Purchase Executive Salary 6 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹6.5 L/yr 65% more
Alchem International Purchase Executive Salary 9 - 12 years exp. (4 salaries)	₹4 L/yr - ₹6.2 L/yr 29% more
Axa Parenterals Purchase Executive Salary 5 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹4 L/yr 15% more
Finecure Pharmaceuticals Purchase Executive Salary 2 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 2% more
Themis Medicare Purchase Executive Salary 6 - 12 years exp. (4 salaries)	₹4.5 L/yr - ₹6.5 L/yr 77% more
Immacule Life Sciences Purchase Executive Salary 8 - 13 years exp. (4 salaries)	₹4.9 L/yr - ₹6.5 L/yr 66% more
ALBANY MOLECULAR RESEARCH INC Purchase Executive Salary 1 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4.8 L/yr 18% more
Arch Pharmalabs Purchase Executive Salary 4 - 10 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 3% more
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Purchase Executive salary at Syncom Formulations India ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Syncom Formulations India.

Experience wise Syncom Formulations India Purchase Executive salaries

Last Updated: 11 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
10 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
12 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr

View all

Similar Designation salaries in Syncom Formulations India

Senior Purchase Executive Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Purchase Officer Salary

(4 salaries)

₹1.9 L/yr - ₹4.5 L/yr

Purchase Manager Salary

(5 salaries)

₹5.4 L/yr - ₹12.81 L/yr

Senior Officer Salary

(8 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Manager Salary

(3 salaries)

₹5 L/yr - ₹8.6 L/yr

Officer Salary

(36 salaries)

₹1.2 L/yr - ₹3.6 L/yr

Salary related reviews for Syncom Formulations India

4.0

Rated by 1 employees for salary & benefits

Deputy General Manager Production in Indore

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Jan 2024

4.0

for Salary and Benefits

Likes

This is the company where one can gain the experience in several dosage forms like ; SD, external preparations , liquid orals , injectables , cephalosporins etc .

Salary - Good

+4 more

Dislikes

less salary structure at various levels compared to the market .

Officer - Formulation And Development in Pithampur

Research & Development Department

2.0

• posted on 27 Jan 2022

1.0

for Salary and Benefits

Likes

...nvironment and culture. Teammates are supportive and the management is very bad. No cafeteria, company policy are very bad, No appraisal and salary hike.

Dislikes

There is a lot of politics and management doesn't address our issues. Salary is very poor, zero career growth, management turns after commitment to employees, according to management at level of deputy manager employees no value of employees for Company growth.

Salary - Bad

+4 more

National Sales Manager in Mumbai

Full Time

Healthcare & Life Sciences Department

3.0

• posted on 10 Jun 2024

3.0

for Salary and Benefits

Likes

The management is too cooperative. They help with minute observations on a daily basis which adds value to the manager. They also keep an eye on your progress and will want to help you with their inputs on a weekly basis. All supporting staff are friendly in the office.

Dislikes

Intrusion into our daily work, sharing unwarranted information by the top level is annoying.

Skill development - Bad

+3 more

Formulation Analytical Chemist And Documentation in Indore

Research & Development Department

1.0

• posted on 04 Oct 2020

1.0

for Salary and Benefits

Likes

Very bad experience, no one person to manage.

Dislikes

No any manager to perform good mange this company, every person is selfish, not any human resources, denderous polotics.we can not effoed them. Director is good but All manager Upper to Lower non technical, not have any wotking culture and unaducated.

Salary - Bad

+6 more

Officer In Quality Assurance Department

quality assurance department Department

2.0

• posted on 08 Aug 2017

2.0

for Salary and Benefits

Likes

company culture is very good, employees of qa department is very help full in nature, i like a way of working of a manager of qa department. in company we can learn many more.

Company culture - Good

Dislikes

there where no excess facility for employees

Salary - Poor

+1 more

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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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Syncom Formulations India Purchase Executive Salary FAQs

What is the salary of Purchase Executive at Syncom Formulations India ?

The average salary of a Purchase Executive at Syncom Formulations India in India typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Purchase Executive at Syncom Formulations India earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Purchase Executive Salaries at Syncom Formulations India 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 5 Syncom Formulations India employees in India.

What is the estimated take home salary of a Purchase Executive at Syncom Formulations India in India?

The estimated take-home salary of a Purchase Executive at Syncom Formulations India in India typically ranges from ₹23,946 to ₹25,401 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 5 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 5 salaries received from various employees of Syncom Formulations India. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Themis Medicare	₹4.5 Lakhs to ₹6.5 Lakhs per year
Immacule Life Sciences	₹4.9 Lakhs to ₹6.5 Lakhs per year
Aarti Drugs	₹4.5 Lakhs to ₹6.5 Lakhs per year
Adcock Ingram	₹3.3 Lakhs to ₹5.4 Lakhs per year
Alchem International	₹4.0 Lakhs to ₹6.2 Lakhs per year

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

What is the salary of a Purchase Executive in companies similar to Syncom Formulations India in India?

The salary of a Purchase Executive at companies similar to Syncom Formulations India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Zoetis	₹3.3 Lakhs to ₹5.2 Lakhs per year
ALBANY MOLECULAR RESEARCH INC	₹3.4 Lakhs to ₹4.8 Lakhs per year
Axa Parenterals	₹3.4 Lakhs to ₹4.0 Lakhs per year
Arch Pharmalabs	₹3.1 Lakhs to ₹3.9 Lakhs per year
Finecure Pharmaceuticals	₹2.4 Lakhs to ₹4.0 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 Purchase Executive at Syncom Formulations India in India?

The salary growth for a Purchase Executive at Syncom Formulations India depends on factors such as experience, performance, and promotions. On average, a Purchase Executive can expect the following growth trajectory at Syncom Formulations India:

Experience	Average Salary Range
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
8 years	₹2.8 Lakhs to ₹3.5 Lakhs per year

and so on.

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Syncom Formulations India Purchase Executive Salaries

Syncom Formulations India Purchase Executive salary in India ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Syncom Formulations India latest salaries received from various employees of Syncom Formulations India.