Average Procurement Specialist with Sourcing Skills Salary in India
The average annual salary of Procurement Specialist is ₹5,52,622.00
The starting salary of Procurement Specialist is between ₹2,29,500.00 and ₹2,70,000.00 whereas the maximum salary range is between ₹9,20,080.00 and ₹10,58,092.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹2,29,500.00 | ₹10,58,092.00 |
Procurement Specialist Salary Comparison by Gender
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 79% while of female is only 21%.
Salary Distribution Based on Years of Experience
The line graph shows Procurement Specialist salary in 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 ₹3,99,083.58.
Once the experience reaches 5-9 years Procurement Specialist salary would increase again to a total of ₹6,42,791.00, adding ₹2,43,707.42 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of ₹11,69,300.00.
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 SAP Supply Chain Management (SAP SCM) which impacts the most than the rest of the skills indicated with a staggering 77% comparatively. Therefore, one’s salary would greatly depend on their skills in SAP Supply Chain Management (SAP SCM).
The skill least likely to affect one’s pay would be Negotiation with 3%. 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 ₹4,08,940.00 whereas the highest earning is ₹12,32,347.00 which clearly shows the salary increases with the level of expertise.
Late Career person will earn the maximum salary of ₹12,32,347.00 at 123%. So to summerize, Early Career earns 26% less than the average salary, Mid Carrer earns 20% more than the average salary, Late Career earns 123% more than the average salary.
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