TIAA Global Business Services Procurement Specialist Salaries by 4 Employees

7 - 8 years exp.

₹8 Lakhs - ₹8.8 Lakhs

Low Confidence

Salary of majority employees

Fixed (89%)

₹7.6 Lakhs

Variable (11%)

₹1.0 Lakh

25% more than the average Procurement Specialist Salary in Financial Services Companies for 7 - 8 years of experience

Interested in this particular role?

Last Updated: 8 Mar 2024

Companies similar to TIAA Global Business Services for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Ameriprise Financial Procurement Specialist Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5 L/yr 48% less
Northern Trust Operating Services Procurement Specialist Salary 7 - 10 years exp. (4 salaries)	₹10 L/yr - ₹11.1 L/yr 24% more
Login to view exact salary
UBS Procurement Specialist Salary 6 - 11 years exp. (4 salaries)	₹9 L/yr - ₹10 L/yr 12% more
JPMorgan Chase & Co. Procurement Specialist Salary 2 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹5.8 L/yr 47% less
MassMutual Procurement Specialist Salary 3 - 6 years exp. (4 salaries)	₹7.5 L/yr - ₹11.3 L/yr 3% more
Macquarie Group Procurement Specialist Salary 8 - 10 years exp. (3 salaries)	₹11.5 L/yr - ₹13.5 L/yr 46% more
Wells Fargo Procurement Specialist Salary 3 years exp. (3 salaries)	₹4.5 L/yr - ₹4.7 L/yr 47% less

Procurement Specialist salary at TIAA Global Business Services ranges between ₹8 Lakhs to ₹8.8 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of TIAA Global Business Services.

Experience wise TIAA Global Business Services Procurement Specialist salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr

Similar Designation salaries in TIAA Global Business Services

Procurement Executive Salary

(4 salaries)

₹3.2 L/yr - ₹5.55 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Team Lead Salary

(23 salaries)

₹8.5 L/yr - ₹25.05 L/yr

Operations Manager Salary

(5 salaries)

₹9 L/yr - ₹30 L/yr

Senior Engineer Salary

(3 salaries)

₹13.48 L/yr - ₹27 L/yr

Salary related reviews for TIAA Global Business Services

Associate in Pune

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Nov 2024

5.0

for Salary and Benefits

Likes

Good pay. Great leave policies and employee friendly management. Free home pick up and drop. Timely appraisals which is very important nowadays.

Salary - Excellent

+6 more

Dislikes

Nothing as such. In few projects there is too much work load.

Quality Assurance Analyst in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2025

5.0

for Salary and Benefits

Likes

...st organisation, So here I have noticed that the work life balance is very good. And also it's salary structure, health insurance and the colleague interactions were very supportive.

Salary - Excellent

+5 more

Senior Associate in Mumbai

Full Time

Engineering - Software & QA Department

3.0

• posted on 17 Jun 2024

4.0

for Salary and Benefits

Likes

Good salary and Benefits. Few talented professionals who are easy to work with. Job security.

Salary - Good

+2 more

Dislikes

Extreme politics at mid and senior leadership. Biased management which favours a selective inner circle only. Yes Sir = fast tracked promotions. India Leadership lacks vision. Mostly all Linkedin heros with very little substance. Good place for fresh/graduates but a total shit show at the leadership level.

Skill development - Bad

+3 more

Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 13 Oct 2023

4.0

for Salary and Benefits

Likes

Good salary + good working culture + supportive leadership

Salary - Good

+5 more

Dislikes

People at manager level lack clarity and experience related to their domain/department. most of them internally switched departments so lack basics of their current domain, which hampers the productivity of people below them and reflecting lack of clarity, productivity and vision in the team.

Associate in Pune

Full Time

Finance & Accounting Department

1.0

• posted on 02 Apr 2024

3.0

for Salary and Benefits

Likes

Salary is decent once you join. Work Life Balance is Good & Job security is Good

Dislikes

Company Culture - The management in Finance/Accounting Department has an licking culture. Favoritism. Work is very manual and systems are decades old. Work which you get is something the US Team detest to work. Promotions are for those in managers good books and not performance based

Promotions - Bad

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about TIAA Global Business Services?

Ask anonymously on communities.

TIAA Global Business Services Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at TIAA Global Business Services ?

The average salary of a Procurement Specialist at TIAA Global Business Services in India typically ranges from ₹8.0 Lakhs to ₹8.8 Lakhs per year, depending on experience (from 7 years to 8 years).

The top 10% of Procurement Specialist at TIAA Global Business Services earn more than ₹8.8 Lakhs per year, and the top 1% earn over ₹8.8 Lakhs per year. Procurement Specialist Salaries at TIAA Global Business Services 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 TIAA Global Business Services employees in India.

What is the estimated take home salary of a Procurement Specialist at TIAA Global Business Services in India?

The estimated take-home salary of a Procurement Specialist at TIAA Global Business Services in India typically ranges from ₹62,967 to ₹64,568 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹8.8 Lakhs per year for employees with experience ranging from 7 years to 8 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 TIAA Global Business Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TIAA Global Business Services for Procurement Specialist in India?

Macquarie Group	₹11.5 Lakhs to ₹13.5 Lakhs per year
Northern Trust Operating Services	₹10.0 Lakhs to ₹11.1 Lakhs per year
UBS	₹9.0 Lakhs to ₹10.0 Lakhs per year
MassMutual	₹7.5 Lakhs to ₹11.3 Lakhs per year

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

What is the salary of a Procurement Specialist in companies similar to TIAA Global Business Services in India?

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

Wells Fargo	₹4.5 Lakhs to ₹4.7 Lakhs per year
JPMorgan Chase & Co.	₹3.2 Lakhs to ₹5.8 Lakhs per year
Ameriprise Financial	₹4.0 Lakhs to ₹5.0 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 TIAA Global Business Services in India?

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

Experience	Average Salary Range
7 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
8 years	₹7.9 Lakhs to ₹10.1 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
TIAA Global Business Services Salaries >
TIAA Global Business Services Procurement Specialist Salaries

TIAA Global Business Services Procurement Specialist salary in India ranges between ₹8 Lakhs to ₹8.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TIAA Global Business Services latest salaries received from various employees of TIAA Global Business Services.