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TechnipFMC Procurement Engineer salaries in Hyderabad / Secunderabad

Annual salary range
1 - 5 years exp.
₹3.9 Lakhs - ₹8.3 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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38% more than the average Procurement Engineer Salary in Industrial Machinery Companies for 1 - 5 years of experience

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Last Updated: 24 Nov 2024

Companies similar to TechnipFMC for Procurement Engineer in Hyderabad / Secunderabad

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TechnipFMC Procurement Engineer Salary

1 - 5 years exp. (5 salaries)

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₹3.9 L/yr - ₹8.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 41% less
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₹3.8 L/yr - ₹7.2 L/yr

arrow icon 10% less
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Aliens Group Procurement Engineer Salary

0 - 6 years exp. (14 salaries)

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₹2.1 L/yr - ₹3.7 L/yr

arrow icon 57% less
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N.C.L. Industries Procurement Engineer Salary

1 - 4 years exp. (10 salaries)

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₹3 L/yr - ₹4.2 L/yr

arrow icon 30% less
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Genpact Procurement Engineer Salary

1 - 4 years exp. (9 salaries)

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₹2.9 L/yr - ₹5.2 L/yr

arrow icon 29% less
Procurement Engineer salary at TechnipFMC ranges between ₹3.9 Lakhs to ₹8.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of TechnipFMC.

Latest annual salaries shared by TechnipFMC Procurement Engineer in Hyderabad / Secunderabad

4mo ago
₹8.3 Lakhs
5 years exp.
1y ago
₹8.3 Lakhs
4 years exp.
1y ago
₹6 Lakhs
2 years exp.
1y ago
₹8.3 Lakhs
3 years exp.
1y ago
₹3.9 Lakhs
1 year exp.

Experience wise TechnipFMC Procurement Engineer salaries in Hyderabad / Secunderabad

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹9 L/yr

Similar Designation salaries in TechnipFMC

Senior Engineer Salary
(95 salaries)
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₹9.35 L/yr - ₹24.16 L/yr
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₹6.8 L/yr - ₹21.05 L/yr

Top skills at TechnipFMC for Procurement Engineer

Management Bidding Invoice Processing Recruitment Fabrication Focus Transition Purchase Vendor

Salary related reviews for TechnipFMC

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Research & Development Department

4.0
  •  posted on 05 Jul 2022

3.0
 for  Salary and Benefits

Likes

Opportunities to learn and grow, good work life balance, mentors are good.

  • Skill development - Good
  • +3 more

Dislikes

Partial appraisals to people. Salary structure is not based on experience. HR cut down the package despite the approved budget.

read more

Subsea Services Department

4.0
  •  posted on 29 Apr 2021

3.0
 for  Salary and Benefits

Likes

TechnipFMC has a strong culture and industry leader like systems in place. Its training is superb. Good Support from team members

read more
  • Skill development - Excellent
  • +4 more

Dislikes

Average compensation. You are rewarded for hard work not smart, intelligent work. Subsea India branch is focused on project execution & productivity, not innovation although it has personnel capacity to do that.

read more

Full Time

 · 

Research & Development Department

3.0
  •  posted on 24 Aug 2024

2.0
 for  Salary and Benefits

Likes

They prefer to give good work only for GET and not who came as lateral entry. Promotion and salary is not good. Work life balance is very good. Team is full of young engineers.

read more
  • Job security - Good
  • +1 more

Dislikes

Not getting proper design work, only report work is there as I am joined as a lateral entry. Good work preference is given to mainly GETs.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Human Resources Department

4.0
  •  posted on 12 Jul 2024

3.0
 for  Salary and Benefits

Likes

Leadership is very strong and supportive . We have a great working team and our global mobility manager’s leadership has been exceptional. She is always supportive of teams both personal and professional requirements . Maintained transparency which fostered collaborative team environment. Good global opportunity

read more
  • Job security - Good
  • +3 more

Dislikes

Matters of compensation are very slowly managed.

Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 11 May 2024

3.0
 for  Salary and Benefits

Likes

The company provides some level of freedom in how you should approach your work. Minimum micro-management. Helpful colleagues. Vast knowledge base is open to all if you are willing to learn. Learning is great! No restrictions in terms of whom you can approach. Hyderabad office in Hitech city is a good facility. Some leads and managers are really helpful and free-going in nature.

read more
  • Skill development - Excellent
  • +3 more

Dislikes

...vailable engineers; seems like the company accepts more work than it can handle. The work culture is shifting towards bad, in the sense that if you need a promotion and salary hike, you need to show an offer from another company! Laid back attitute of the concerned officials when it comes to giving promotion to deserving engineers. Confusing and ever changing policy and org structure. Seems like instead of retaining exisitng talent, company believes in letting them go and hiring fresh candidates.

read more
  • Promotions - Bad
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TechnipFMC Procurement Engineer Salary FAQs

What is the salary of Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad?
The average salary of a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad typically ranges from ₹3.9 Lakhs to ₹8.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Procurement Engineer in Hyderabad / Secunderabad at TechnipFMC earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.3 Lakhs per year. Procurement Engineer Salaries at TechnipFMC 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 TechnipFMC employees in India.
What is the estimated take home salary of a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad?
The estimated take-home salary of a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad typically ranges from ₹45,490 to ₹46,574 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹8.3 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 5 salaries received from various employees of TechnipFMC. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad?
To be a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad, the key skills required include:

  • - Management
  • - Bidding
  • - Invoice Processing
  • - Recruitment
  • - Fabrication

These skills are highly valued at TechnipFMC and are crucial for successful performance in a Software Engineering role.
What is the salary of a Procurement Engineer in companies similar to TechnipFMC in Hyderabad / Secunderabad?
The salary of a Procurement Engineer at companies similar to TechnipFMC in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Toshiba Transmission & Distribution Systems ₹3.8 Lakhs to ₹7.2 Lakhs per year
Genpact ₹2.9 Lakhs to ₹5.2 Lakhs per year
N.C.L. Industries ₹3.0 Lakhs to ₹4.2 Lakhs per year
Megha Engineering & Infrastructures ₹2.4 Lakhs to ₹4.8 Lakhs per year
Aliens Group ₹2.1 Lakhs to ₹3.7 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 Engineer at TechnipFMC in Hyderabad / Secunderabad?
The salary growth for a Procurement Engineer at TechnipFMC in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at TechnipFMC:

Experience Average Salary Range
1 year ₹3.7 Lakhs to ₹4.8 Lakhs per year
2 years ₹4.6 Lakhs to ₹5.8 Lakhs per year
3 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
4 years ₹6.2 Lakhs to ₹7.9 Lakhs per year
and so on.

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TechnipFMC Procurement Engineer salary in Hyderabad / Secunderabad ranges between ₹3.9 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 TechnipFMC latest salaries received from various employees of TechnipFMC.