Synopsys Procurement Specialist Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹5.4 Lakhs - ₹8.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

8% less than the average Procurement Specialist Salary in Semiconductors Companies for 3 - 6 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Specialist Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6 L/yr
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Finance & Accounting Procurement Specialist Salary 4 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 3 Jan 2025

Companies similar to Synopsys for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Carl Zeiss Procurement Specialist Salary 5 - 11 years exp. (9 salaries)	₹8.2 L/yr - ₹14 L/yr 58% more
Texas Instruments Procurement Specialist Salary 3 - 6 years exp. (5 salaries)	₹15.8 L/yr - ₹30 L/yr 232% more
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Mouser Electronics Procurement Specialist Salary 1 - 4 years exp. (5 salaries)	₹3.5 L/yr - ₹9 L/yr 13% less
Intel Procurement Specialist Salary 5 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7.3 L/yr At par
Applied Materials Procurement Specialist Salary 9 - 11 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr 116% more

Procurement Specialist salary at Synopsys ranges between ₹5.4 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Synopsys.

Experience wise Synopsys Procurement Specialist salaries

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Synopsys

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(AmbitionBox Estimate)

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Team Lead Salary

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₹23 L/yr - ₹47 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Senior Engineer Salary

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₹13 L/yr - ₹34.95 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Top skills at Synopsys for Procurement Specialist

US Process Transaction Processing Continuous Improvement Ariba SAP Supervision Procurement Administration Management Management Administration Bidding Monitoring Procurement management Auditing Vendor

Salary related reviews for Synopsys

Research And Development in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 31 Mar 2023

2.0

for Salary and Benefits

Likes

Most likely, don't have to work on weekend. Flexible working hours.

Job security - Good

+1 more

Dislikes

...side the niche EDA industry. Exceptional work is mostly rewarded with peanuts. Low compensation, poor appraisal. Compensation/growth talks/plans are completely avoided or at best rushed without any clarity. Managers/HR deploy crucial conversations skills and hypnotize you in a story. Poor benefits and perquisites. They boast of lot of things, but all are hollow inside.

Salary - Poor

+4 more

Design Engineer in Noida

Full Time

Research & Development Department

4.0

• posted on 17 Dec 2022

3.0

for Salary and Benefits

Likes

Learning opportunities are there, depends on management and your manager the quality of work you'll be getting ..Sometimes work can be repetitive.

Skill development - Good

+2 more

Dislikes

Salary and compensation is not at par with the industry standards .Benefits could have been so much better

Research And Development Engineer 2 in Noida

Consulting Department

1.0

• posted on 23 Apr 2022

1.0

for Salary and Benefits

Likes

Learning opportunity, Esops etc

Dislikes

Work life balance is very bad there, Pay wise also its at bottom in semiconductor industry, diploma holders are sitting at top of pyramid and don't know how to manage people. Company need more Mbas and btech guys to better manage work and improve work-life. Overall consider this firm at last if you have 2,3 offers at hand. Peace.

Salary - Bad

+5 more

Contractor in Hyderabad / Secunderabad

Engineering - Software & QA Department

5.0

• posted on 16 Mar 2019

4.0

for Salary and Benefits

Likes

...arification and Innovative ideas, thoughts are encouraged by team lead/managers. Comfortable training, Good salary packages they provide. Mainly the employees didn't feel pressure or stress regarding work.

Salary - Good

+6 more

Dislikes

There is no dislikes but the small thing sometimes the contractors doesn't have the job security. I mean less period like 6 months they took people as contractor, not regularly very rare cases it happen. Unfortunately it happens to me.

Software Developer in Noida

Engineering - Software & QA Department

5.0

• posted on 28 Jun 2020

4.0

for Salary and Benefits

Likes

...ig companies and I can say Synopsys has been supporting it's employees the best. Everywhere I see lots of lay offs, offer revokes and salary deduction but Synopsys has done nothing like this. Infact they have provided timely promotion to their employees too. Their teams have facilitated smooth wfh. None of the campus offers have been revoked or postponed which is almost happening everywhere and I come from Tier -1 college. Synopsys has great work life balance. They have excellent culture and policies to facilitate employees.

Salary - Good

+6 more

Dislikes

I dont see any cons yet. It is a very happy place to work at.

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Synopsys Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Synopsys ?

The average salary of a Procurement Specialist at Synopsys in India typically ranges from ₹5.4 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Procurement Specialist at Synopsys earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Procurement Specialist Salaries at Synopsys 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 4 Synopsys employees in India.

What is the estimated take home salary of a Procurement Specialist at Synopsys in India?

The estimated take-home salary of a Procurement Specialist at Synopsys in India typically ranges from ₹48,207 to ₹49,348 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years to 6 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 4 salaries received from various employees of Synopsys. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Specialist at Synopsys ?

To be a Procurement Specialist at Synopsys in india, the key skills required include:

- US Process
- Transaction Processing
- Continuous Improvement
- Ariba
- SAP

These skills are highly valued at Synopsys and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Synopsys for Procurement Specialist in India?

Texas Instruments	₹15.8 Lakhs to ₹30.0 Lakhs per year
Applied Materials	₹12.0 Lakhs to ₹17.0 Lakhs per year
Carl Zeiss	₹8.2 Lakhs to ₹14.0 Lakhs per year

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

What is the salary of a Procurement Specialist in companies similar to Synopsys in India?

The salary of a Procurement Specialist at companies similar to Synopsys in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Intel	₹6.0 Lakhs to ₹7.3 Lakhs per year
Mouser Electronics	₹3.5 Lakhs to ₹9.0 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 Procurement Specialist at Synopsys in India?

The salary growth for a Procurement Specialist at Synopsys depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at Synopsys:

Experience	Average Salary Range
3 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
4 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
5 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
6 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Synopsys Procurement Specialist Salaries

Synopsys Procurement Specialist salary in India ranges between ₹5.4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Synopsys latest salaries received from various employees of Synopsys.