V-Guard Industries Sourcing Manager Salaries by 3 Employees

3 - 12 years exp.

₹8.2 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Sourcing Manager Salary in Consumer Electronics & Appliances Companies for 3 - 12 years of experience

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Last Updated: 29 Sep 2024

Companies similar to V-Guard Industries for Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Orient Electric Sourcing Manager Salary 9 - 14 years exp. (3 salaries)	₹14 L/yr - ₹22 L/yr 33% more
Bajaj Electricals Sourcing Manager Salary 9 - 11 years exp. (3 salaries)	₹13.3 L/yr - ₹17 L/yr 5% more
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Eveready Industries Sourcing Manager Salary 9 - 13 years exp. (3 salaries)	₹18.8 L/yr - ₹20.8 L/yr 38% more
Voltas Sourcing Manager Salary 12 - 16 years exp. (3 salaries)	₹15 L/yr - ₹22.5 L/yr 42% more
Reliance Retail Sourcing Manager Salary 2 - 19 years exp. (96 salaries)	₹4.6 L/yr - ₹19.5 L/yr 22% less

Sourcing Manager salary at V-Guard Industries ranges between ₹8.2 Lakhs to ₹21 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of V-Guard Industries.

Experience wise V-Guard Industries Sourcing Manager salaries

Last Updated: 29 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
10 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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12 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr

Similar Designation salaries in V-Guard Industries

Commercial Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Purchase Manager Salary

(3 salaries)

₹7.9 L/yr - ₹10.1 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Operations Manager Salary

(5 salaries)

₹3.5 L/yr - ₹8.2 L/yr

Category Manager Salary

(3 salaries)

₹9 L/yr - ₹13 L/yr

Deputy Manager Salary

(40 salaries)

₹8.2 L/yr - ₹23 L/yr

Supply Chain Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Senior Engineer Salary

(48 salaries)

₹5 L/yr - ₹12.5 L/yr

Purchase Officer Salary

(3 salaries)

₹5.8 L/yr - ₹6 L/yr

Purchase Engineer Salary

(4 salaries)

₹4.08 L/yr - ₹6 L/yr

Salary related reviews for V-Guard Industries

3.0

Rated by 2 employees for salary & benefits

Deputy Manager in Kochi

Full Time

Other Department

1.0

• posted on 18 Dec 2024

1.0

for Salary and Benefits

Likes

Only thing I like is no late working. Other than that there is nothing good here.

Dislikes

Lots of politics. No recognition. Very rate promotion. They deduct 15% as variable pay but never pay. Annual Salary hike only in single digits below 7%. Promotion is a dream. There are people working for 15 years without promotion. Only local people stay here as there is no career growth. They don't upgrade to use new technology but ver happy to face issues and continue to use very old methodology. If you don't co-op, you will for sure get mentally disturbed.

Salary - Bad

+6 more

Deputy Manager in Patna

Full Time

Marketing Department

5.0

• posted on 28 Oct 2022

4.0

for Salary and Benefits

Likes

V-guard company is vey good I have always enjoyed working in this company and everyone is supportive. All the products of v-guard are good and the retailer is also happy to sell these products because the product quality is well made.

Salary - Good

+5 more

Dislikes

... for paying the asked salary for people who are recruited from other companies. CTC is a mith, variable pay is included in the CTC so that no one will receive the full amount of variable pay. Employees working on similar projects will be having different pay level which even cannot be compared HR is good for nothing.

Deputy Manager in Ahmedabad

EMD Department

5.0

• posted on 26 Apr 2022

5.0

for Salary and Benefits

Likes

Welcomes and encouraging the suggestions and concerns from each level of Employees

Salary - Excellent

+6 more

Dislikes

Facing difficulty to increase / revise the salary of old staff above a normal limit. But no limitation to fix salary for newly hiring one.

Assistant Manager in Kochi

Full Time

Research & Development Department

5.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Work-life balance is perfect. The company culture is good. Knowledge gaining is good. Can learn more and more things. There is a high opportunity here.

Skill development - Good

+4 more

Dislikes

Growth in this company is too slow. Moving to the next level is negligible. Remuneration or salary paid too low, in terms of experience. Increments are poor.

Promotions - Poor

Assistant Manager in Kochi

Full Time

Marketing & Communication Department

4.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

The people around are extremely passionate and supportive. The culture is one of collaboration, trust and teamwork.

Skill development - Excellent

+5 more

Dislikes

Compensation - not upto industry standards & not performance based. Assuming two employees have the same designation and grade, increments should prioritize employees with lower base pay to compensate for the base pay.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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V-Guard Industries Sourcing Manager Salary FAQs

How the salary growth look like for a Sourcing Manager at V-Guard Industries in India?

The salary growth for a Sourcing Manager at V-Guard Industries depends on factors such as experience, performance, and promotions. On average, a Sourcing Manager can expect the following growth trajectory at V-Guard Industries:

Experience	Average Salary Range
3 years	₹7.4 Lakhs to ₹9.4 Lakhs per year
10 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
12 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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V-Guard Industries Sourcing Manager Salaries

V-Guard Industries Sourcing Manager salary in India ranges between ₹8.2 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 V-Guard Industries latest salaries received from various employees of V-Guard Industries.

V-Guard Industries Sourcing Manager salaries in India

Companies similar to V-Guard Industries for Sourcing Manager

Latest annual salaries shared by V-Guard Industries Sourcing Manager

Experience wise V-Guard Industries Sourcing Manager salaries

Similar Designation salaries in V-Guard Industries

Salary related reviews for V-Guard Industries

Deputy Manager in Kochi

Deputy Manager in Patna

Deputy Manager in Ahmedabad

Assistant Manager in Kochi

Assistant Manager in Kochi

V-Guard Industries Sourcing Manager Salary FAQs

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