Virtuoso Optoelectronics Purchase Manager Salaries by 4 Employees

14 - 17 years exp.

₹5.9 Lakhs - ₹6.8 Lakhs

Salary of majority employees

41% less than the average Purchase Manager Salary for 14 - 17 years of experience

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Last Updated: 31 Dec 2023

Companies similar to Virtuoso Optoelectronics for Purchase Manager

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Purchase Manager Salary 8 - 16 years exp. (5 salaries)	₹6 L/yr - ₹16.8 L/yr 70% more
Indorama Purchase Manager Salary 9 - 18 years exp. (4 salaries)	₹12.8 L/yr - ₹14.6 L/yr 108% more
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ABCI Infrastructures Purchase Manager Salary 7 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹19 L/yr 31% more
Honda Motorcycle & Scooter Purchase Manager Salary 9 - 17 years exp. (47 salaries)	₹13.6 L/yr - ₹35 L/yr 232% more
JCB Purchase Manager Salary 12 - 17 years exp. (39 salaries)	₹12.7 L/yr - ₹27 L/yr 218% more

Purchase Manager salary at Virtuoso Optoelectronics ranges between ₹5.9 Lakhs to ₹6.8 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Virtuoso Optoelectronics.

Experience wise Virtuoso Optoelectronics Purchase Manager salaries

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹11.1 L/yr
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15+ years (3 salaries)	₹2.7 L/yr - ₹6.8 L/yr

Similar Designation salaries in Virtuoso Optoelectronics

Purchase Engineer Salary

(4 salaries)

₹4.7 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Purchase Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Purchase Executive Salary

(3 salaries)

₹4.8 L/yr - ₹6.8 L/yr

Top skills at Virtuoso Optoelectronics for Purchase Manager

Vendor Management Material Procurement Value Engineering MRP SCM Purchase MPS

Salary related reviews for Virtuoso Optoelectronics

Financial Controller in Nashik

Full Time

Finance & Accounting Department

5.0

• posted on 18 Nov 2024

5.0

for Salary and Benefits

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"I have had a great experience working with Virtuoso optoelectronics Ltd. The work environment is professional yet friendly, and the management is supportive of employees' growth. There are ample opportunities to learn and grow, with a good work-life balance. Highly recommend this organization to anyone looking to advance their career!"

Salary - Excellent

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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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Virtuoso Optoelectronics Purchase Manager Salary FAQs

What is the salary of Purchase Manager at Virtuoso Optoelectronics ?

The average salary of a Purchase Manager at Virtuoso Optoelectronics in India typically ranges from ₹5.9 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Purchase Manager at Virtuoso Optoelectronics earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Purchase Manager Salaries at Virtuoso Optoelectronics 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 Virtuoso Optoelectronics employees in India.

What is the estimated take home salary of a Purchase Manager at Virtuoso Optoelectronics in India?

The estimated take-home salary of a Purchase Manager at Virtuoso Optoelectronics in India typically ranges from ₹49,854 to ₹51,031 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 14 years to 17 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 Virtuoso Optoelectronics. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Purchase Manager at Virtuoso Optoelectronics ?

To be a Purchase Manager at Virtuoso Optoelectronics in india, the key skills required include:

- Vendor Management
- Material Procurement
- Value Engineering
- MRP
- SCM

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

Which companies offer higher salaries than Virtuoso Optoelectronics for Purchase Manager in India?

Honda Motorcycle & Scooter	₹13.6 Lakhs to ₹35.0 Lakhs per year
JCB	₹12.7 Lakhs to ₹27.0 Lakhs per year
Indorama	₹12.8 Lakhs to ₹14.6 Lakhs per year
Caparo Engineering India	₹6.0 Lakhs to ₹16.8 Lakhs per year
ABCI Infrastructures	₹3.6 Lakhs to ₹19.0 Lakhs per year

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

How the salary growth look like for a Purchase Manager at Virtuoso Optoelectronics in India?

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

Experience	Average Salary Range
14 years	₹5.9 Lakhs to ₹11.1 Lakhs per year
15 years	₹2.7 Lakhs to ₹6.8 Lakhs per year

and so on.

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Virtuoso Optoelectronics Purchase Manager Salaries

Virtuoso Optoelectronics Purchase Manager salary in India ranges between ₹5.9 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Virtuoso Optoelectronics latest salaries received from various employees of Virtuoso Optoelectronics.