Volvo Bangalore / Bengaluru Commodity Buyer Salaries by 8 Employees

5 - 10 years exp.

₹7.2 Lakhs - ₹14.5 Lakhs

Salary of majority employees

14% less than the average Commodity Buyer Salary in Automobile Companies for 5 - 10 years of experience

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Last Updated: 23 Oct 2024

Companies similar to Volvo for Commodity Buyer in Bangalore / Bengaluru

Volvo Commodity Buyer Salary

5 - 10 years exp. (8 salaries)

₹7.2 L/yr - ₹14.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Garrett - Advancing Motion Commodity Buyer Salary 6 - 9 years exp. (6 salaries)	₹10.7 L/yr - ₹16.9 L/yr 19% more	2 job openings
Alstom Transportation Commodity Buyer Salary 2 - 12 years exp. (4 salaries)	₹8.6 L/yr - ₹18.3 L/yr 19% more
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Caterpillar Inc Commodity Buyer Salary 6 - 8 years exp. (3 salaries)	₹14 L/yr - ₹14.8 L/yr 18% more
TD Power Systems Commodity Buyer Salary 3 - 6 years exp. (3 salaries)	₹2 L/yr - ₹4.3 L/yr 73% less

Commodity Buyer salary at Volvo ranges between ₹7.2 Lakhs to ₹14.5 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 8 latest salaries received from various employees of Volvo.

Experience wise Volvo Commodity Buyer salaries in Bangalore / Bengaluru

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹20.2 L/yr
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7 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹21.5 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹14.5 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹14.5 L/yr
10 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.5 L/yr

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Similar Designation salaries in Volvo

Deputy Manager Salary

(60 salaries)

₹7.7 L/yr - ₹16.66 L/yr

Senior Engineer Salary

(58 salaries)

₹6.1 L/yr - ₹26 L/yr

Team Lead Salary

(34 salaries)

₹5 L/yr - ₹13 L/yr

Operations Manager Salary

(6 salaries)

₹10.95 L/yr - ₹17 L/yr

Buyer Salary

(4 salaries)

₹4.5 L/yr - ₹8 L/yr

Top skills at Volvo for Commodity Buyer

Automotive Engineering Costing Financial Services Project Management Cost Reduction Analytical Chemistry Procurement SAP Business Intelligence Fabrication Risk Management Logistics Sourcing Supply Chain Management Subject Matter Expertise Continuous Improvement

Salary related reviews for Volvo

3.0

Rated by 1 employees for salary & benefits

Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Less work pressure No much work

Work-life balance - Excellent

Dislikes

Salary Fire the employees if they don't have assignment as they don't have bench concept. No respect for knowledge People who are in management aren't here for decades without upgradation so they feel threat if they find any knowledgeable person next to their position. Internal politics

Salary - Poor

+5 more

Quality Checker in Bangalore / Bengaluru

Full Time

Quality Assurance Department

4.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It's a good company offering a stable job and provide food and travel also and the work experience is also good and the good thing is two week offs.

Work satisfaction - Good

+1 more

Dislikes

Contractual job is not a future and salary is just ok

Skill development - Poor

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Product Management Department

5.0

• posted on 27 Oct 2023

1.0

for Salary and Benefits

Likes

Likeable things are few but quite attractive. Managers are a must to die for. (I felt like killing myself every day) They listen to everything in detail but there is no assurance that would be done till you work there.

Job security - Excellent

+1 more

Dislikes

Like everyone salary and bonus are not correctly mapped. Senior engineers are getting less paid than some junior engineers. I have no complaint as I'm considered as one of the junior engineers. They will raise your salary as soon as you get another job outside.

Salary - Bad

+2 more

Senior Manager in Bangalore / Bengaluru

Full Time

Procurement & Supply Chain Department

4.0

• posted on 08 May 2021

3.0

for Salary and Benefits

Likes

...can learn a lot and develop our skills and knowledge. Work life balance is good. Salary hike is also good. Global manager support a lot with carrier growth and opportunities.

Skill development - Good

+1 more

Dislikes

There is a lot of politics and favoritism. Management style in India is very bad. Traditional way of doing and old school though process and old mind set. No young leaders in management. Lack of vision and future by Volvo India. Deny opportunity for young leaders to grow in the company

AGM (Group Manager) - Chassis in Bangalore / Bengaluru

Full Time

Research & Development Department

5.0

• posted on 17 Dec 2024

4.0

for Salary and Benefits

Likes

It's employee centric and trust based organization with well work life balance, transparent, inclusive and very good work culture

Salary - Good

+6 more

Dislikes

It's a global organisation but some policies are regional or country specific. Insurance policies and pay package is comparatively low per

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Volvo Commodity Buyer Salary FAQs

What is the salary of Commodity Buyer at Volvo in Bangalore / Bengaluru?

The average salary of a Commodity Buyer at Volvo in Bangalore / Bengaluru typically ranges from ₹7.2 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Commodity Buyer in Bangalore / Bengaluru at Volvo earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Commodity Buyer Salaries at Volvo 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 8 Volvo employees in India.

What is the estimated take home salary of a Commodity Buyer at Volvo in Bangalore / Bengaluru?

The estimated take-home salary of a Commodity Buyer at Volvo in Bangalore / Bengaluru typically ranges from ₹87,103 to ₹89,386 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 5 years to 10 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 8 salaries received from various employees of Volvo. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Commodity Buyer at Volvo in Bangalore / Bengaluru?

To be a Commodity Buyer at Volvo in Bangalore / Bengaluru, the key skills required include:

- Automotive Engineering
- Costing
- Financial Services
- Project Management
- Cost Reduction

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

Which companies offer higher salaries than Volvo for Commodity Buyer in India?

Alstom Transportation	₹8.6 Lakhs to ₹18.3 Lakhs per year
Garrett - Advancing Motion	₹10.7 Lakhs to ₹16.9 Lakhs per year
Caterpillar Inc	₹14.0 Lakhs to ₹14.8 Lakhs per year

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

What is the salary of a Commodity Buyer in companies similar to Volvo in Bangalore / Bengaluru?

The salary of a Commodity Buyer at companies similar to Volvo in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

TD Power Systems

₹2.0 Lakhs to ₹4.3 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 Commodity Buyer at Volvo in Bangalore / Bengaluru?

The salary growth for a Commodity Buyer at Volvo in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Commodity Buyer in Bangalore / Bengaluru can expect the following growth trajectory at Volvo:

Experience	Average Salary Range
5 years	₹8.3 Lakhs to ₹19.0 Lakhs per year
6 years	₹7.2 Lakhs to ₹20.2 Lakhs per year
7 years	₹9.2 Lakhs to ₹21.5 Lakhs per year
8 years	₹12.0 Lakhs to ₹14.5 Lakhs per year

and so on.

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Volvo Commodity Buyer Salaries in Bangalore / Bengaluru

Volvo Commodity Buyer salary in Bangalore / Bengaluru ranges between ₹7.2 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Volvo latest salaries received from various employees of Volvo.