Torque Pharmaceuticals Procurement Officer Salaries by 4 Employees

0 - 5 years exp.

₹1.5 Lakh - ₹2.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

64% less than the average Procurement Officer Salary in Pharma Companies for 0 - 5 years of experience

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Last Updated: 21 Jul 2024

Companies similar to Torque Pharmaceuticals for Procurement Officer

Company name	Avg Annual Salary	Open Jobs
Astellas Pharma Procurement Officer Salary 6 - 8 years exp. (3 salaries)	₹6.7 L/yr - ₹14 L/yr 461% more
RSPL Group Procurement Officer Salary 0 - 3 years exp. (20 salaries)	₹2.2 L/yr - ₹5 L/yr 82% more
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ITC Procurement Officer Salary 0 - 10 years exp. (22 salaries)	₹4.1 L/yr - ₹8 L/yr 160% more	1 job opening
BlackBuck Procurement Officer Salary 5 - 10 years exp. (17 salaries)	₹3.9 L/yr - ₹5.8 L/yr 130% more
Wipro Procurement Officer Salary 0 - 4 years exp. (16 salaries)	₹2 L/yr - ₹3.6 L/yr 51% more

Procurement Officer salary at Torque Pharmaceuticals ranges between ₹1.5 Lakh to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Torque Pharmaceuticals.

Experience wise Torque Pharmaceuticals Procurement Officer salaries

Last Updated: 21 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.5 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr

View all

Similar Designation salaries in Torque Pharmaceuticals

Procurement Executive Salary

(4 salaries)

₹1.4 L/yr - ₹2.5 L/yr

Purchase Officer Salary

(3 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Senior Officer Salary

(5 salaries)

₹2.3 L/yr - ₹3 L/yr

Officer Salary

(24 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Store Executive Salary

(3 salaries)

₹2.3 L/yr - ₹2.9 L/yr

Store Incharge Salary

(4 salaries)

₹1.1 L/yr - ₹3 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Top skills at Torque Pharmaceuticals for Procurement Officer

ERP Analytical skills Negotiation Communication Skills Purchase Accounting Technical Skills

Salary related reviews for Torque Pharmaceuticals

Zonal Sales Manager in Mohali

Full Time

Sales & Business Development Department

1.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

Only One Thing Which is Likable in Torque Is salary .

Dislikes

Everything ,Non Ethical,Wrong Practices .People Will listen to you but no action on your listening. Lot of Travelling. Your personal life will be imbalanced

Salary - Poor

+6 more

Collections Manager in Patna

Full Time

Other Department

5.0

• posted on 11 Oct 2021

4.0

for Salary and Benefits

Likes

...ot explain in words. Director sir VP sir GM sir and all team is also supportive. In covid 19 critical situation company provid full salary to employees.

Salary - Good

+5 more

Dislikes

I'm working here last 4 years but not showing any problem

Regional Sales Manager in Chandigarh

Full Time

Sales & Business Development Department

3.0

• posted on 13 Mar 2021

3.0

for Salary and Benefits

Likes

Average work environment and culture. Teammates are supportive but no salary hike and no bonus.

Dislikes

There is lot of politics and management doesn't address our issue and still my full n final settlement pending.

Job security - Poor

+2 more

QC Executive in Jharmajri Baddi

Full Time

Healthcare & Life Sciences Department

2.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

...o wanna leave job can leave the job. You eat free food here.You all are garbage. This company not pay you more you all are here for 5 years . Don't spoil your career here , if you want to keep your pockets green than choose another company

Dislikes

QC staff test medicines but our AGM say production staff make CHURAN here

Salary - Bad

+6 more

Regional Sales Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 07 Mar 2024

5.0

for Salary and Benefits

Likes

HO management is so good and they always help me on my initial days of working

Salary - Excellent

Dislikes

Stock dumping like anything on stockist so payment was pending alf and struggling for payment outstanding day by day and ZSM is asking resignation to everyone without any specific reason and job stability is big question mark for everyone and no appreciation expected from him for any good job done by group field force and so the working environment is so toxic

Skill development - Bad

+4 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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Torque Pharmaceuticals Procurement Officer Salary FAQs

What is the salary of Procurement Officer at Torque Pharmaceuticals ?

The average salary of a Procurement Officer at Torque Pharmaceuticals in India typically ranges from ₹1.5 Lakhs to ₹2.9 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Procurement Officer at Torque Pharmaceuticals earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. Procurement Officer Salaries at Torque Pharmaceuticals 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 Torque Pharmaceuticals employees in India.

What is the estimated take home salary of a Procurement Officer at Torque Pharmaceuticals in India?

The estimated take-home salary of a Procurement Officer at Torque Pharmaceuticals in India typically ranges from ₹14,192 to ₹15,689 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.9 Lakhs per year for employees with experience ranging from Fresher 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 4 salaries received from various employees of Torque Pharmaceuticals. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Procurement Officer at Torque Pharmaceuticals ?

To be a Procurement Officer at Torque Pharmaceuticals in india, the key skills required include:

- ERP
- Analytical skills
- Negotiation
- Communication Skills
- Purchase Accounting

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

Which companies offer higher salaries than Torque Pharmaceuticals for Procurement Officer in India?

Astellas Pharma	₹6.7 Lakhs to ₹14.0 Lakhs per year
ITC	₹4.1 Lakhs to ₹8.0 Lakhs per year
BlackBuck	₹3.9 Lakhs to ₹5.8 Lakhs per year
RSPL Group	₹2.2 Lakhs to ₹5.0 Lakhs per year
Wipro	₹2.0 Lakhs to ₹3.6 Lakhs per year

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

How the salary growth look like for a Procurement Officer at Torque Pharmaceuticals in India?

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

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹1.5 Lakhs per year
1 year	₹1.4 Lakhs to ₹1.7 Lakhs per year
2 years	₹1.7 Lakhs to ₹3.3 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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Torque Pharmaceuticals Procurement Officer Salaries

Torque Pharmaceuticals Procurement Officer salary in India ranges between ₹1.5 Lakh to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Torque Pharmaceuticals latest salaries received from various employees of Torque Pharmaceuticals.