TVS Sundram Fasteners Assistant Manager Procurement Salaries by 4 Employees

11 - 15 years exp.

₹6.3 Lakhs - ₹8.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

29% less than the average Assistant Manager Procurement Salary in Auto Components Companies for 11 - 15 years of experience

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Last Updated: 16 Mar 2024

Companies similar to TVS Sundram Fasteners for Assistant Manager Procurement

Company name	Avg Annual Salary	Open Jobs
Ceat Tyres Assistant Manager Procurement Salary 7 - 13 years exp. (12 salaries)	₹5.6 L/yr - ₹15.9 L/yr 45% more
Tata AutoComp Systems Assistant Manager Procurement Salary 11 - 15 years exp. (4 salaries)	₹6.2 L/yr - ₹8 L/yr 1% more
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AVTEC Assistant Manager Procurement Salary 7 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹9.3 L/yr 24% more
Motherson Automotive Technologies and Engineering Assistant Manager Procurement Salary 9 - 11 years exp. (3 salaries)	₹8.5 L/yr - ₹9.6 L/yr 27% more
Hyundai Mobis Assistant Manager Procurement Salary 10 - 12 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 56% more

Assistant Manager Procurement salary at TVS Sundram Fasteners ranges between ₹6.3 Lakhs to ₹8.1 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners.

Experience wise TVS Sundram Fasteners Assistant Manager Procurement salaries

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
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13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
15+ years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

Similar Designation salaries in TVS Sundram Fasteners

Purchase Executive Salary

(20 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Senior Purchase Executive Salary

(8 salaries)

₹5 L/yr - ₹8.1 L/yr

Store Incharge Salary

(8 salaries)

₹1.65 L/yr - ₹3 L/yr

Purchase Engineer Salary

(7 salaries)

₹4 L/yr - ₹6 L/yr

Purchase Assistant Salary

(7 salaries)

₹1.5 L/yr - ₹2.65 L/yr

Senior Executive PPC Salary

(6 salaries)

₹5.6 L/yr - ₹7.2 L/yr

Dispatch Executive Salary

(6 salaries)

₹1.7 L/yr - ₹4 L/yr

Assistant Manager- Purchase Salary

(6 salaries)

₹6.4 L/yr - ₹12.5 L/yr

Purchase Manager Salary

(6 salaries)

₹10.1 L/yr - ₹15.25 L/yr

Store Supervisor Salary

(5 salaries)

₹1.15 L/yr - ₹3 L/yr

Salary related reviews for TVS Sundram Fasteners

Senior Key Account Executive in Chennai

Full Time

OE - Marketing (Key Accounts) Department

4.0

• posted on 16 Jun 2022

2.0

for Salary and Benefits

Likes

A good learning school & for those who work to the core, company supports very well. Compensation is fair enough to survive that's it we can say.

Job security - Excellent

+2 more

Dislikes

HR doesn't reviews the salary of a person working on a level to the new comer on the same level which causes self disgrace to the existing employment. Allowances are age old which needs to be revised to the present inflation level.

Salary - Poor

+1 more

Quality Inspector in Gummidipoondi

Full Time

Quality Assurance Department

1.0

• posted on 07 Aug 2022

1.0

for Salary and Benefits

Likes

My honest review: poor infrastructure, heavy work low salary, there is no safety, very very worst food(sundram fasteners autolec division). Room to company distance upto 3KM. No transport facility..but its only learning platform.. Contract Employees behaviour very worst...worst Management.. There is no neatness of company.. Its not right place to future grow work.. Bad job security...

Skill development - Good

Dislikes

Overall very bad company...

Salary - Bad

+5 more

Quality Engineer in Chennai

Full Time

Metallurgical Lab Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

It's a one of the fastest growing company in manufacturing with zero defects. I am happy to work with that.

Salary - Good

+6 more

Dislikes

Increment and bonus are not good. No incentives and benefits and also work pressure is very high

VMC Operator Vmc Line Incharge (working remotely)

Full Time

Quality Assurance Department

4.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

This company is very amazing company everyone working in this company should be good company pay high salary company environment is very All the products manufactured in this company are manufactured with high quality

Salary - Good

+4 more

Dislikes

One of the most problematic things is that they don't keep things organized in the company

Vehicle Testing Engineer in Chennai,padi

Full Time

Quality Assurance Department

4.0

• posted on 10 Aug 2023

3.0

for Salary and Benefits

Likes

It's good to work in that company u can learn something new in it and the supervisor is good he will treat you to grow up and he will encourage everyone to learn new things work culture is good

Skill development - Good

+3 more

Dislikes

Salary is not enough to survive they will not provide you anything

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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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TVS Sundram Fasteners Assistant Manager Procurement Salary FAQs

What is the salary of Assistant Manager Procurement at TVS Sundram Fasteners ?

The average salary of a Assistant Manager Procurement at TVS Sundram Fasteners in India typically ranges from ₹6.3 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Assistant Manager Procurement at TVS Sundram Fasteners earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹7.1 Lakhs per year. Assistant Manager Procurement Salaries at TVS Sundram Fasteners 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 TVS Sundram Fasteners employees in India.

What is the estimated take home salary of a Assistant Manager Procurement at TVS Sundram Fasteners in India?

The estimated take-home salary of a Assistant Manager Procurement at TVS Sundram Fasteners in India typically ranges from ₹52,770 to ₹54,082 per month. This is based on the average salary range of ₹6.3 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 11 years to 15 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 TVS Sundram Fasteners. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than TVS Sundram Fasteners for Assistant Manager Procurement in India?

Hyundai Mobis	₹10.0 Lakhs to ₹12.0 Lakhs per year
Ceat Tyres	₹5.6 Lakhs to ₹15.9 Lakhs per year
Motherson Automotive Technologies and Engineering	₹8.5 Lakhs to ₹9.6 Lakhs per year
AVTEC	₹8.5 Lakhs to ₹9.3 Lakhs per year
Tata AutoComp Systems	₹6.2 Lakhs to ₹8.0 Lakhs per year

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

How the salary growth look like for a Assistant Manager Procurement at TVS Sundram Fasteners in India?

The salary growth for a Assistant Manager Procurement at TVS Sundram Fasteners depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Procurement can expect the following growth trajectory at TVS Sundram Fasteners:

Experience	Average Salary Range
11 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
12 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
13 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
14 years	₹6.3 Lakhs to ₹8.1 Lakhs per year

and so on.

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TVS Sundram Fasteners Assistant Manager Procurement Salaries

TVS Sundram Fasteners Assistant Manager Procurement salary in India ranges between ₹6.3 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 TVS Sundram Fasteners latest salaries received from various employees of TVS Sundram Fasteners.