Average Procurement Specialist with Procurement Skills Salary in Bangalore, Karnataka

Annual Base Salary - ₹5,84,676.00/year

The average annual salary of Procurement Specialist is ₹5,84,676.00

₹2,09,880.00
Low
₹5,84,676.00
Average
₹10,50,000.00
High

The starting salary of Procurement Specialist is between ₹1,78,398.00 and ₹2,09,880.00 whereas the maximum salary range is between ₹10,50,000.00 and ₹12,07,500.00.

Minimum Annual PayMaximum Annual Pay
₹1,78,398.00₹12,07,500.00
Bonus Range: Tooltip
₹19,950.00 - ₹1,89,520.00
₹19,950.00
₹12,07,500.00
promotional offer
  • Currency : INR
  • Annual Salary : ₹5,84,676.00
  • Weekly Pay : ₹10,411.00
  • Fortnightly Salary : ₹20,822.00
  • Monthly Salary : ₹45,114.00

Procurement Specialist Salary Comparison by Gender

Female
Male

This pie chart demonstrates the gender share for Procurement Specialist. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.

As shown in the chart, male employees are involved significantly more as Procurement Specialist compared to female. Their involvement is 75% while of female is only 25%.

Salary Distribution Based on Years of Experience

The line graph shows Procurement Specialist salary in Bangalore, Karnataka, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Procurement Specialist having experience between 1-4 years, their salary is around ₹3,16,835.35.

Once the experience reaches 5-9 years Procurement Specialist salary would increase again to a total of ₹7,38,098.36, adding ₹4,21,263.01 from the last salary increase.

After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₹10,66,890.10.

Prominent Skills Affecting Procurement Specialist Salary

The bar graph data indicates the importance of specific skills which can have a direct impact on Procurement Specialist's salary. It clearly highlights the skills needed for a post of Procurement Specialist when hired by an employer.

The most vital skill expected of Procurement Specialist is Contract Negotiation which impacts the most than the rest of the skills indicated with a staggering 31% comparatively. Therefore, one’s salary would greatly depend on their skills in Contract Negotiation.

The skill least likely to affect one’s pay would be Negotiation with 9%. It can be said that Negotiation skill will unlikely impact the salary.

Compensation Statistics Based on Experience Levels

This combination of a line and the bar graph shows how the experience affects the salary of Procurement Specialist. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹3,21,572.00 whereas the highest earning is ₹11,22,578.00 which clearly shows the salary increases with the level of expertise.

Late Career person will earn the maximum salary of ₹11,22,578.00 at 92%. So to summerize, Early Career earns 45% less than the average salary, Mid Carrer earns 31% more than the average salary, Late Career earns 92% more than the average salary.

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