Velox Automation Purchase Engineer Salaries by 5 Employees

2 - 4 years exp.

₹2 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Purchase Engineer Salary in Industrial Automation Companies for 2 - 4 years of experience

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Last Updated: 4 Nov 2024

Companies similar to Velox Automation for Purchase Engineer

Company name	Avg Annual Salary	Open Jobs
Armstrong Robotics & Technologies Private Limited Purchase Engineer Salary 1 - 6 years exp. (24 salaries)	₹2.6 L/yr - ₹4.8 L/yr 4% more
Comau Purchase Engineer Salary 3 - 9 years exp. (11 salaries)	₹2.8 L/yr - ₹7 L/yr 49% more
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Cybernetik Technologies Purchase Engineer Salary 2 - 6 years exp. (11 salaries)	₹3.5 L/yr - ₹6.7 L/yr 34% more	1 job opening
Nirmal Industrial Controls Purchase Engineer Salary 3 - 6 years exp. (10 salaries)	₹3.4 L/yr - ₹5.8 L/yr 40% more	1 job opening
Toshniwal Industries Purchase Engineer Salary 0 - 2 years exp. (9 salaries)	₹2 L/yr - ₹3 L/yr 28% less
Jendamark India Purchase Engineer Salary 3 - 8 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 49% more
AXIS Solutions Purchase Engineer Salary 0 - 10 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 24% more
Armes Maini Storage Systems Purchase Engineer Salary 5 - 8 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr 23% more
Arm Welders Purchase Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.1 L/yr - ₹6 L/yr 26% more

Purchase Engineer salary at Velox Automation ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Velox Automation.

Experience wise Velox Automation Purchase Engineer salaries

Last Updated: 4 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
3 years (3 salaries)	₹1.4 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Velox Automation

Project Engineer Salary

(13 salaries)

₹1.8 L/yr - ₹3.1 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Purchase Executive Salary

(4 salaries)

₹2.55 L/yr - ₹3.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Top skills at Velox Automation for Purchase Engineer

Procurement Vendor Development Purchase Industrial Automation Purchase Management Negotiation Purchase Planning

Salary related reviews for Velox Automation

3.0

Rated by 1 employees for salary & benefits

System Engineer in Surat

Full Time

Engineering & Projects Department

5.0

• posted on 03 Jan 2023

2.0

for Salary and Benefits

Likes

1.Company culture. 2.Supportive Management people. 3. Learning Opportunities 4. Best option to start career in Automation field. 5. Very Know Company in Gujarat. 6. Extra curricular activities organised by HR in every month. 7. Work flexibility 8. Non-toxic Environment. & Many more.

Skill development - Excellent

+4 more

Dislikes

Salary & Benifits.

Salary - Poor

Assistant Manager- HR in Sachin, Surat

Operations Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...r, such as festival celebration, games, Funtakshari, sports day celebration etc. Ontime salary is also appreciable job that this organisation is doing. Flexibility was provided during Covid and post Covid period with ontime salary. Training & Development is also an area where the management literally focus on and help engineers to develop in their functional role.

Salary - Good

+6 more

Dislikes

There are few areas where management should focus on such as employee retention and knowledge management. Some engineers are not able manage work life balance.

Senior Executive - Stores in Surat

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 17 Jul 2024

1.0

for Salary and Benefits

Likes

Bad experience My experience in this company was bad because here the employees are not taken care of in such a way that they show pride in themselves, they do not listen to the employee's suggestions or they are fired from the company without telling them or if the employee has any problem. He sent someone home on leave to the company or he got fired from the company because of giving wrong information.

Dislikes

Thank you

Salary - Bad

+6 more

System Engineer

Other Department

5.0

• posted on 18 Sep 2018

4.0

for Salary and Benefits

Likes

I feel so satisfied working at Velox Automation as a System engineer-Project department. Its working environment is so comfortable that it helps us to grow faster. People here, always helps when we are stuck at some point in our work. Management is co-operative and always focusing on employee's personal and professional development. Celebration of Indian festivals allows Employee's talent in extra curricular activities to come on the surface and make work place more enjoyable. I really enjoy working at Velox.

Salary - Good

+6 more

Dislikes

Couldn't find anything yet.

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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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Velox Automation Purchase Engineer Salary FAQs

What is the salary of Purchase Engineer at Velox Automation ?

The average salary of a Purchase Engineer at Velox Automation in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Purchase Engineer at Velox Automation earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Purchase Engineer Salaries at Velox Automation 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 Velox Automation employees in India.

What is the estimated take home salary of a Purchase Engineer at Velox Automation in India?

The estimated take-home salary of a Purchase Engineer at Velox Automation in India typically ranges from ₹24,637 to ₹26,081 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 2 years 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 5 salaries received from various employees of Velox Automation. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Engineer at Velox Automation ?

To be a Purchase Engineer at Velox Automation in india, the key skills required include:

- Procurement
- Vendor Development
- Purchase
- Industrial Automation
- Purchase Management

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

Which companies offer higher salaries than Velox Automation for Purchase Engineer in India?

Comau	₹2.8 Lakhs to ₹7.0 Lakhs per year
Jendamark India	₹3.5 Lakhs to ₹6.0 Lakhs per year
Nirmal Industrial Controls	₹3.4 Lakhs to ₹5.8 Lakhs per year
Cybernetik Technologies	₹3.5 Lakhs to ₹6.7 Lakhs per year
Arm Welders	₹2.1 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Purchase Engineer in companies similar to Velox Automation in India?

The salary of a Purchase Engineer at companies similar to Velox Automation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AXIS Solutions	₹4.0 Lakhs to ₹4.5 Lakhs per year
Armes Maini Storage Systems	₹4.0 Lakhs to ₹4.3 Lakhs per year
Armstrong Robotics & Technologies Private Limited	₹2.6 Lakhs to ₹4.8 Lakhs per year
Toshniwal Industries	₹2.0 Lakhs to ₹3.0 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 Engineer at Velox Automation in India?

The salary growth for a Purchase Engineer at Velox Automation depends on factors such as experience, performance, and promotions. On average, a Purchase Engineer can expect the following growth trajectory at Velox Automation:

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Velox Automation Purchase Engineer Salaries

Velox Automation Purchase Engineer salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Velox Automation latest salaries received from various employees of Velox Automation.

Velox Automation Purchase Engineer salaries in India

Companies similar to Velox Automation for Purchase Engineer

Latest annual salaries shared by Velox Automation Purchase Engineer

Experience wise Velox Automation Purchase Engineer salaries

Similar Designation salaries in Velox Automation

Top skills at Velox Automation for Purchase Engineer

Salary related reviews for Velox Automation

System Engineer in Surat

Assistant Manager- HR in Sachin, Surat

Senior Executive - Stores in Surat

System Engineer

Velox Automation Purchase Engineer Salary FAQs

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