ZF Steering Gear Senior Manager Procurement Salaries by 6 Employees

14 - 18 years exp.

₹22 Lakhs - ₹28 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

15% more than the average Senior Manager Procurement Salary in Auto Components Companies for 14 - 18 years of experience

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Last Updated: 16 Dec 2024

Companies similar to ZF Steering Gear for Senior Manager Procurement

Company name	Avg Annual Salary	Open Jobs
Reliance Industries Senior Manager Procurement Salary 8 - 17 years exp. (95 salaries)	₹9.8 L/yr - ₹30 L/yr 26% less
Tata Steel Senior Manager Procurement Salary 7 - 15 years exp. (47 salaries)	₹13 L/yr - ₹37 L/yr 10% less
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Tata Motors Senior Manager Procurement Salary 7 - 17 years exp. (27 salaries)	₹9 L/yr - ₹26.5 L/yr 37% less
Schneider Electric Senior Manager Procurement Salary 6 - 20 years exp. (26 salaries)	₹12 L/yr - ₹26.5 L/yr 25% less	1 job opening
G R Infraprojects Senior Manager Procurement Salary 15 - 27 years exp. (16 salaries)	₹10.1 L/yr - ₹17.8 L/yr 47% less

Senior Manager Procurement salary at ZF Steering Gear ranges between ₹22 Lakhs to ₹28 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of ZF Steering Gear.

Experience wise ZF Steering Gear Senior Manager Procurement salaries

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹28 L/yr - ₹28 L/yr
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15+ years (5 salaries)	₹22 L/yr - ₹26 L/yr

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Salary related reviews for ZF Steering Gear

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• posted on 31 Jan 2025

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for Salary and Benefits

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Team is good

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1.There is no growth at all. 2️⃣ No promotions, no salary hike. 3️⃣ The first issue is that our division's management is not good. 4️⃣ They are interfering in our personal lives too, not just work. 5️⃣ There is no freedom at all. 6️⃣ Micro-management is too mu

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I joined this company initially. Then they gave us training for four days. Exams were conducted on whatever was taught in the training.Skill development improved greatly due to training and physical work.

Job security - Good

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As per the interview, the nature of the work was different in the company. The salary was very low for the work. There is no match between the job designation and the work there. One has to work standing for eight hours.No chance of sitting

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Senior Production Engineer in Pune

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• posted on 26 Jul 2023

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for Salary and Benefits

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Work culture is good, self skill development with working, salary packages are good as par experience.

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No further growth opportunity, You have to handle all your work related activity , more work burdon.

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3.0

• posted on 06 Jul 2023

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Market standard salary, good benefits such as helath insurance will be provided to the parents without any extra amount. OSS domain is in boom and good job security.

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Work life balance, promotions, HR related things. Poor VPN network, very difficult to do WFH if they provide option also.

Work-life balance - Bad

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The company is very good. I really like its technology environment. All the things rule, regulations, discipline and also its fooding facility is good.

Job security - Excellent

+1 more

Dislikes

Company environment is good. But in the salary part, there is big fraud between HR NITIN AND CONTRACTOR ABHIJEET(Perfect contract) . They are the big fraud in this company. They know only how to earn money without doing any work. Shame on them. These types of people ruined the company reputation. These people only know how to eat the salary of the workers.

Salary - Bad

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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ZF Steering Gear Senior Manager Procurement Salary FAQs

What is the salary of Senior Manager Procurement at ZF Steering Gear ?

The average salary of a Senior Manager Procurement at ZF Steering Gear in India typically ranges from ₹22.0 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 14 years to 18 years).

The top 10% of Senior Manager Procurement at ZF Steering Gear earn more than ₹27.8 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Senior Manager Procurement Salaries at ZF Steering Gear 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 6 ZF Steering Gear employees in India.

What is the estimated take home salary of a Senior Manager Procurement at ZF Steering Gear in India?

The estimated take-home salary of a Senior Manager Procurement at ZF Steering Gear in India typically ranges from ₹1,62,496 to ₹1,68,706 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 14 years to 18 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 6 salaries received from various employees of ZF Steering Gear. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Manager Procurement in companies similar to ZF Steering Gear in India?

The salary of a Senior Manager Procurement at companies similar to ZF Steering Gear in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Steel	₹13.0 Lakhs to ₹37.0 Lakhs per year
Schneider Electric	₹12.0 Lakhs to ₹26.5 Lakhs per year
Reliance Industries	₹9.8 Lakhs to ₹30.0 Lakhs per year
Tata Motors	₹9.0 Lakhs to ₹26.5 Lakhs per year
G R Infraprojects	₹10.1 Lakhs to ₹17.8 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 Senior Manager Procurement at ZF Steering Gear in India?

The salary growth for a Senior Manager Procurement at ZF Steering Gear depends on factors such as experience, performance, and promotions. On average, a Senior Manager Procurement can expect the following growth trajectory at ZF Steering Gear:

Experience	Average Salary Range
14 years	₹28.0 Lakhs to ₹28.0 Lakhs per year
15 years	₹22.0 Lakhs to ₹26.0 Lakhs per year

and so on.

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ZF Steering Gear Senior Manager Procurement Salaries

ZF Steering Gear Senior Manager Procurement salary in India ranges between ₹22 Lakhs to ₹28 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ZF Steering Gear latest salaries received from various employees of ZF Steering Gear.