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Velocis Systems Procurement Manager salaries in India

Annual salary range
10 - 15 years exp.
₹6.2 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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53% less than the average Procurement Manager Salary in IT Services & Consulting Companies for 10 - 15 years of experience

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Last Updated: 9 Jul 2023

Companies similar to Velocis Systems for Procurement Manager

Company name Avg Annual Salary Open Jobs
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CMS IT Services Procurement Manager Salary

12 - 16 years exp. (4 salaries)

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₹9 L/yr - ₹16 L/yr

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GEP Worldwide Procurement Manager Salary

6 - 12 years exp. (3 salaries)

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₹11 L/yr - ₹25 L/yr

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Team Computers Procurement Manager Salary

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Reliance Industries Procurement Manager Salary

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₹6 L/yr - ₹21 L/yr

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Tata Steel Procurement Manager Salary

0 - 15 years exp. (107 salaries)

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₹6 L/yr - ₹21 L/yr

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Procurement Manager salary at Velocis Systems ranges between ₹6.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Velocis Systems.

Latest annual salaries shared by Velocis Systems Procurement Manager

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15 years exp.
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12 years exp.
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11 years exp.
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12 years exp.
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10 years exp.

Experience wise Velocis Systems Procurement Manager salaries

Last Updated: 9 Jul 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹5.7 L/yr - ₹7.3 L/yr
11 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
14 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
View all

Similar Designation salaries in Velocis Systems

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₹2.25 L/yr - ₹5.1 L/yr
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₹3.25 L/yr - ₹5.1 L/yr
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₹2.3 L/yr - ₹4.1 L/yr
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₹2.25 L/yr - ₹5.23 L/yr
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₹8.5 L/yr - ₹15.75 L/yr
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Salary related reviews for Velocis Systems

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 05 Nov 2024

4.0
 for  Salary and Benefits

Likes

Salary on time hike good response of hr good

  • Salary - Good
  • +5 more

Dislikes

If you are in contract based employment on client end it would difficult to renews but it’s depends on client to clinet , responses is not that’s much good to shift in another clinet if you are purely contract based

read more
  • Job security - Poor

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 08 Aug 2024

4.0
 for  Salary and Benefits

Likes

In the evening,when you go to your home You don'ts have to worry about 2 things. First- salary will always be credit on 7th.( One of the best thing). 2nd- it's like a government company. You don't have to worry about job I am working here from last 2 years in sales.

read more
  • Salary - Good
  • +6 more

Dislikes

Increment is less, average- 10%

Full Time

 · 

Engineering - Hardware & Networks Department

3.0
  •  posted on 03 May 2022

2.0
 for  Salary and Benefits

Likes

Salary on time per month. No work pressure. Can reach directly company VC

read more

Dislikes

Company policies are not well defined in offer letter. Whatever HR said during joining about Bonus never get on time. Bond Agreement for experienced one is very bad as if someone leave the company before tenure then they must deduct the amount from the FnF.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 11 Sep 2023

1.0
 for  Salary and Benefits

Likes

Only salary comes on time no delay in salary credit ,

Dislikes

person employed at client location treated like a dumb waste salary hike and appraisal is like nothing don’t come at this company. Totally full of politics some Manager don’t listen to their employees need

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Engineering - Hardware & Networks Department

3.0
  •  posted on 25 Sep 2023

3.0
 for  Salary and Benefits

Likes

salary will be provided on time, and some basic training also in technologies if required for the project.

read more

Dislikes

mostly working on the client's location, and the salary hike will be poor. and it will be delayed.

read more
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Velocis Systems Procurement Manager Salary FAQs

What is the salary of Procurement Manager at Velocis Systems ?
The average salary of a Procurement Manager at Velocis Systems in India typically ranges from ₹6.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Procurement Manager at Velocis Systems earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Procurement Manager Salaries at Velocis Systems 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 5 Velocis Systems employees in India.
What is the estimated take home salary of a Procurement Manager at Velocis Systems in India?
The estimated take-home salary of a Procurement Manager at Velocis Systems in India typically ranges from ₹55,292 to ₹56,675 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 10 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 5 salaries received from various employees of Velocis Systems. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Velocis Systems for Procurement Manager in India?
GEP Worldwide ₹11.0 Lakhs to ₹25.0 Lakhs per year
Tata Steel ₹6.0 Lakhs to ₹21.0 Lakhs per year
Reliance Industries ₹6.0 Lakhs to ₹21.0 Lakhs per year
CMS IT Services ₹9.0 Lakhs to ₹16.0 Lakhs per year
Team Computers ₹5.3 Lakhs to ₹15.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Velocis Systems, depending on the role and experience level.
How the salary growth look like for a Procurement Manager at Velocis Systems in India?
The salary growth for a Procurement Manager at Velocis Systems depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at Velocis Systems:

Experience Average Salary Range
10 years ₹5.7 Lakhs to ₹7.3 Lakhs per year
11 years ₹6.1 Lakhs to ₹7.8 Lakhs per year
12 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
13 years ₹6.9 Lakhs to ₹8.8 Lakhs per year
and so on.

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Velocis Systems Procurement Manager salary in India ranges between ₹6.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Velocis Systems latest salaries received from various employees of Velocis Systems.