TVS Sundram Fasteners Purchase Officer Salaries by 4 Employees

1 - 4 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% less than the average Purchase Officer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Consulting Purchase Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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Procurement & Supply Chain Purchase Officer Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 19 Jul 2024

Companies similar to TVS Sundram Fasteners for Purchase Officer

Company name	Avg Annual Salary	Open Jobs
Belrise Industries Purchase Officer Salary 1 - 9 years exp. (28 salaries)	₹2.5 L/yr - ₹4.3 L/yr 56% more
L.G.Balakrishnan & Bros Purchase Officer Salary 2 - 12 years exp. (15 salaries)	₹1.4 L/yr - ₹7.8 L/yr 69% more
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Exide Industries Purchase Officer Salary 4 - 8 years exp. (9 salaries)	₹4.5 L/yr - ₹7 L/yr 122% more
Endurance Technologies Purchase Officer Salary 1 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹5 L/yr 91% more
UNO Minda Purchase Officer Salary 1 - 7 years exp. (6 salaries)	₹1 L/yr - ₹7.5 L/yr 152% more
JBM Group Purchase Officer Salary 0 - 6 years exp. (6 salaries)	₹1.6 L/yr - ₹3.6 L/yr 20% more
Tata AutoComp Systems Purchase Officer Salary 2 - 9 years exp. (6 salaries)	₹1.8 L/yr - ₹3.8 L/yr 3% less
CIE Automotive Purchase Officer Salary 3 - 6 years exp. (5 salaries)	₹2.7 L/yr - ₹6.1 L/yr 58% more
India Nippon Electricals Purchase Officer Salary 9 - 12 years exp. (4 salaries)	₹5.2 L/yr - ₹5.9 L/yr 160% more
Gabriel India Purchase Officer Salary 5 - 8 years exp. (4 salaries)	₹3.7 L/yr - ₹4 L/yr 79% more
Bharat Forge Purchase Officer Salary 2 - 9 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 134% more
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Jamna Auto Industries Purchase Officer Salary 0 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹4.5 L/yr 60% more
Ceat Tyres Purchase Officer Salary 6 - 8 years exp. (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr 92% more
Subros Purchase Officer Salary 2 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹5 L/yr 107% more
Pricol Purchase Officer Salary 1 - 4 years exp. (3 salaries)	₹1.2 L/yr - ₹4 L/yr 22% more
Delphi TVS Purchase Officer Salary 3 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 16% less

Purchase Officer salary at TVS Sundram Fasteners ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of TVS Sundram Fasteners.

Experience wise TVS Sundram Fasteners Purchase Officer salaries

Last Updated: 19 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in TVS Sundram Fasteners

Purchase Engineer Salary

(7 salaries)

₹4 L/yr - ₹6 L/yr

Purchase Manager Salary

(6 salaries)

₹10.1 L/yr - ₹15.25 L/yr

Senior Purchase Officer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Purchase Assistant Salary

(7 salaries)

₹1.5 L/yr - ₹2.65 L/yr

Senior Officer Salary

(5 salaries)

₹5 L/yr - ₹5.5 L/yr

Purchase Executive Salary

(20 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Procurement Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(74 salaries)

₹3.7 L/yr - ₹7.15 L/yr

Store Executive Salary

(5 salaries)

₹1.55 L/yr - ₹2.6 L/yr

Deputy Manager Salary

(104 salaries)

₹9.15 L/yr - ₹19 L/yr

Salary related reviews for TVS Sundram Fasteners

5.0

Rated by 1 employees for salary & benefits

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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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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TVS Sundram Fasteners Purchase Officer Salary FAQs

What is the salary of Purchase Officer at TVS Sundram Fasteners ?

The average salary of a Purchase Officer at TVS Sundram Fasteners in India typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Purchase Officer at TVS Sundram Fasteners earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Purchase Officer 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 Purchase Officer at TVS Sundram Fasteners in India?

The estimated take-home salary of a Purchase Officer at TVS Sundram Fasteners in India typically ranges from ₹14,780 to ₹16,329 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 4 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 Purchase Officer in India?

India Nippon Electricals	₹5.2 Lakhs to ₹5.9 Lakhs per year
UNO Minda	₹1.0 Lakhs to ₹7.5 Lakhs per year
Bharat Forge	₹4.5 Lakhs to ₹5.8 Lakhs per year
Exide Industries	₹4.5 Lakhs to ₹7.0 Lakhs per year
Subros	₹3.3 Lakhs to ₹5.0 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.

What is the salary of a Purchase Officer in companies similar to TVS Sundram Fasteners in India?

The salary of a Purchase Officer at companies similar to TVS Sundram Fasteners in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ceat Tyres	₹3.1 Lakhs to ₹4.8 Lakhs per year
Endurance Technologies	₹2.8 Lakhs to ₹5.0 Lakhs per year
Gabriel India	₹3.7 Lakhs to ₹4.0 Lakhs per year
L.G.Balakrishnan & Bros	₹1.4 Lakhs to ₹7.8 Lakhs per year
Jamna Auto Industries	₹2.3 Lakhs to ₹4.5 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 Purchase Officer at TVS Sundram Fasteners in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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TVS Sundram Fasteners Purchase Officer Salaries

TVS Sundram Fasteners Purchase Officer salary in India ranges between ₹2 Lakhs to ₹2.5 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.