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Annual salary range
10 - 14 years exp.
₹13
Lakhs - ₹25.6
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Procurement Engineer Salary at Signify ranges between ₹13 Lakhs to ₹25.6 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various...
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283% more than the average Procurement Engineer Salary in Consumer Electronics & Appliances Companies for 10 - 14 years of experience
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Companies similar to Signify for Procurement Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 LG Electronics Procurement Engineer Salary
0 - 4 years exp. (25 salaries) |  ₹2.4 L/yr - ₹5 L/yr 
80%
less | |
 Voltas Procurement Engineer Salary
9 - 24 years exp. (10 salaries) | ₹4.2 L/yr - ₹6 L/yr
69%
less | |
Login to view exact salary
| ||
 vivo Procurement Engineer Salary
0 - 2 years exp. (7 salaries) | ₹2 L/yr - ₹5.7 L/yr
78%
less | |
 Panasonic Procurement Engineer Salary
4 - 6 years exp. (4 salaries) | ₹4.1 L/yr - ₹10.4 L/yr
62%
less | |
 Philips Procurement Engineer Salary
7 - 13 years exp. (4 salaries) | ₹12.5 L/yr - ₹15.5 L/yr
22%
less | |
 Daikin Airconditioning India Pvt. Ltd. Procurement Engineer Salary
7 - 9 years exp. (4 salaries) | ₹5.8 L/yr - ₹7 L/yr
66%
less | |
 AO SMITH INDIA WATER PRODUCTS Procurement Engineer Salary
2 - 4 years exp. (4 salaries) | ₹4 L/yr - ₹4.8 L/yr
76%
less | |
Signify Procurement Engineer salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 10 years (AmbitionBox Estimate) |
₹13
L/yr
- ₹15
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹13
L/yr
- ₹16.3
L/yr
|
Login to view exact salary
| |
| 12 years (AmbitionBox Estimate) |
₹16
L/yr
- ₹20.5
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹19.3
L/yr
- ₹24.6
L/yr
|
| 14 years (AmbitionBox Estimate) |
₹22.5
L/yr
- ₹25.6
L/yr
|
Similar Designation Salaries at Signify
| Similar Designation | Avg. annual salary |
|---|---|
Procurement Officer Salary
(AmbitionBox Estimate)
| ₹7 L/yr - ₹9 L/yr |
Project Engineer Salary
(5 salaries)
| ₹3.5 L/yr - ₹5.7 L/yr |
Login to view exact salary
| |
Procurement Executive Salary
(AmbitionBox Estimate)
| ₹4.7 L/yr - ₹6 L/yr |
Assistant Engineer Salary
(5 salaries)
| ₹7 L/yr - ₹13.8 L/yr |
Senior Engineer Salary
(22 salaries)
| ₹15 L/yr - ₹28 L/yr |
View more similar designations
Top trending discussions
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Salary Discussions
1w
a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world.
But I feel he is broke, Home loans and EMI are consuming his salary.
1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation.
Welcome to India's newest illusion: high income with zero financial freedom.
Literally feel he deserves this, but feel bad for him also!
So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family?
Do you agree too?
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Signify Procurement Engineer Salary FAQs
What is the salary of Procurement Engineer at Signify ?
The average salary of a Procurement Engineer at Signify in India typically ranges from ₹13.0 Lakhs to ₹25.6 Lakhs per year, depending on experience (from 10 years to 14 years).
The top 10% of Procurement Engineer at Signify earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Procurement Engineer Salaries at Signify 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 Signify employees in India.
The top 10% of Procurement Engineer at Signify earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Procurement Engineer Salaries at Signify 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 Signify employees in India.
What is the estimated take home salary of a Procurement Engineer at Signify in India?
The estimated take-home salary of a Procurement Engineer at Signify in India typically ranges from ₹1,22,583 to ₹1,26,184 per month. This is based on the average salary range of
₹13.0 Lakhs to ₹25.6 Lakhs
per year for employees with experience ranging from 10 years to 14 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 Signify. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Procurement Engineer in companies similar to Signify in India?
The salary of a Procurement Engineer at companies similar to Signify in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Philips | ₹12.5 Lakhs to ₹15.5 Lakhs per year |
| Panasonic | ₹4.1 Lakhs to ₹10.4 Lakhs per year |
| Daikin Airconditioning India Pvt. Ltd. | ₹5.8 Lakhs to ₹7.0 Lakhs per year |
| Voltas | ₹4.2 Lakhs to ₹6.0 Lakhs per year |
| AO SMITH INDIA WATER PRODUCTS | ₹4.0 Lakhs to ₹4.8 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 Procurement Engineer at Signify in India?
The salary growth for a Procurement Engineer at Signify depends on factors such as experience, performance, and promotions. On average, a Procurement Engineer can expect the following growth trajectory at Signify:
and so on.
| Experience | Average Salary Range |
|---|---|
| 10 years | ₹13.0 Lakhs to ₹15.0 Lakhs per year |
| 11 years | ₹13.0 Lakhs to ₹16.3 Lakhs per year |
| 12 years | ₹16.0 Lakhs to ₹20.5 Lakhs per year |
| 13 years | ₹19.3 Lakhs to ₹24.6 Lakhs per year |
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Signify Procurement Engineer salary
in
India
ranges between ₹13
Lakhs to ₹25.6
Lakhs with an average annual salary of
₹
. Salary estimates are based on
5
Signify latest salaries received from various employees of
Signify.