Tata Steel Lead Buyer Salaries by 5 Employees

6 - 9 years exp.

₹4 Lakhs - ₹6.6 Lakhs

Low Confidence

Salary of majority employees

63% less than the average Lead Buyer Salary in Iron & Steel Companies for 6 - 9 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Tata Steel for Lead Buyer

Company name	Avg Annual Salary	Open Jobs
Alstom Transportation Lead Buyer Salary 7 - 15 years exp. (35 salaries)	₹10.5 L/yr - ₹28.6 L/yr 267% more
Lam Research Lead Buyer Salary 8 - 12 years exp. (20 salaries)	₹9.8 L/yr - ₹20 L/yr 210% more
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Conneqt Business Solutions Lead Buyer Salary 3 - 12 years exp. (11 salaries)	₹4.3 L/yr - ₹6 L/yr 3% less
HCLTech Lead Buyer Salary 6 - 17 years exp. (10 salaries)	₹4.2 L/yr - ₹8.6 L/yr 47% more
Sapura Energy Lead Buyer Salary 8 - 16 years exp. (8 salaries)	₹18 L/yr - ₹24 L/yr 313% more

Lead Buyer salary at Tata Steel ranges between ₹4 Lakhs to ₹6.6 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Lead Buyer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5 L/yr
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8 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr
9 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr

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Salary related reviews for Tata Steel

Deputy Manager in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 18 May 2023

1.0

for Salary and Benefits

Likes

Job security is good, if you don't work hard then you don't get good ratings but job is secure.

Job security - Good

Dislikes

- very low pay scale - very low bonus - company doesn't follow any time line of increment of salary or bonus. - very slow HR department - management doesn't respect extra effort of employees

Salary - Bad

+4 more

Deputy Manager in Jamshedpur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 22 Sep 2022

1.0

for Salary and Benefits

Likes

Location is good. Tata brand.

Dislikes

There is a whole list. Heavy corporate politics, nepotism at its peak, benefits are just an illusion, management is highly unprofessional, compensation is industry lowest, CTC is flawed, employees' overall development is zero, and many many more. If you want to regret one thing in your life - just join here.

Salary - Bad

+6 more

Senior Engineer in Navi Mumbai

Production, Manufacturing & Engineering Department

1.0

• posted on 13 May 2021

1.0

for Salary and Benefits

Likes

If you are working here then it's total waste of time and carrier because you will be dragged by superior person you never get growth here it's better to avoid here and even you work here will get exploit here

Job security - Good

Dislikes

There is a lot of politics here and management doesn't address our issues salary is also poor slow growth

Salary - Bad

+5 more

Deputy Manager in Mumbai

Quality Control Department

1.0

• posted on 28 Mar 2020

4.0

for Salary and Benefits

Likes

Timely Salary compared to the other semi-organized competitors it has

Salary - Good

Dislikes

Hub of nepotism (undeserving kith and kin of Tata Steel bosses occupy high posts), lack of future growth and lateral movement (other companies in the sector are even worse), lack of transparency in day to day decision making, over-reliance on individual brilliance of a handful of toxic people, unsatisfactory job content (you will be only looking over workers doing a mundane job) , sycophancy based review system promotes undeserving people . These are some cons that you will struggle with on a day to day basis. At a more strategic level the, the top management is constituted of people borrowed from Tata Steel (a good number of them are assigned to this company as a punishment for under-performing or misconduct of duty) and is least interested in the sustainable growth of the company or long term well being of the employees. They will allow anything as long as the top line keeps swelling , so that they can pitch for their return to Tata Steel.

Skill development - Bad

+4 more

Senior Engineer in Angul

Production, Manufacturing & Engineering Department

4.0

• posted on 18 Jun 2022

2.0

for Salary and Benefits

Likes

Staff were very supportive and Housing provided by company was good.

Skill development - Good

+4 more

Dislikes

Company was stressed the salary processing time in 2014 was delayed by two month never got salary on time after aquisition by tata steel all are good now

Salary - Poor

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Tata Steel Lead Buyer Salary FAQs

What is the salary of Lead Buyer at Tata Steel ?

The average salary of a Lead Buyer at Tata Steel in India typically ranges from ₹4.0 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Lead Buyer at Tata Steel earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Lead Buyer Salaries at Tata Steel 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 Tata Steel employees in India.

What is the estimated take home salary of a Lead Buyer at Tata Steel in India?

The estimated take-home salary of a Lead Buyer at Tata Steel in India typically ranges from ₹37,989 to ₹39,184 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 6 years to 9 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 Tata Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Steel for Lead Buyer in India?

Sapura Energy	₹18.0 Lakhs to ₹24.0 Lakhs per year
Alstom Transportation	₹10.5 Lakhs to ₹28.6 Lakhs per year
Lam Research	₹9.8 Lakhs to ₹20.0 Lakhs per year
HCLTech	₹4.2 Lakhs to ₹8.6 Lakhs per year

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

What is the salary of a Lead Buyer in companies similar to Tata Steel in India?

The salary of a Lead Buyer at companies similar to Tata Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Conneqt Business Solutions

₹4.3 Lakhs to ₹6.0 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 Lead Buyer at Tata Steel in India?

The salary growth for a Lead Buyer at Tata Steel depends on factors such as experience, performance, and promotions. On average, a Lead Buyer can expect the following growth trajectory at Tata Steel:

Experience	Average Salary Range
6 years	₹4.0 Lakhs to ₹4.0 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.0 Lakhs per year
8 years	₹5.0 Lakhs to ₹9.7 Lakhs per year
9 years	₹2.5 Lakhs to ₹6.6 Lakhs per year

and so on.

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Tata Steel Lead Buyer Salaries

Tata Steel Lead Buyer salary in India ranges between ₹4 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata Steel latest salaries received from various employees of Tata Steel.