Average Sourcing Associate Salary in India
The average annual salary of Sourcing Associate is ₹5,24,082.00
The starting salary of Sourcing Associate is between ₹1,75,976.00 and ₹2,07,030.00 whereas the maximum salary range is between ₹10,60,000.00 and ₹12,19,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹1,75,976.00 | ₹12,19,000.00 |
Sourcing Associate Salary Comparison by Gender
This pie chart demonstrates the gender share for Sourcing Associate. 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 Sourcing Associate compared to female. Their involvement is 82% while of female is only 18%.
Salary Distribution Based on Years of Experience
The line graph shows Sourcing Associate 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 Sourcing Associate working less than a year in a company, you notice that their annual salary starts around ₹4,10,400.00.
As the years of experience reaches 1 to 4, there is a significant increase of ₹53,243.46 which would give a total wage of INR463,643.46.
Once the experience reaches 5-9 years Sourcing Associate salary would increase again to a total of ₹6,61,505.86, adding ₹1,97,862.40 from the last salary increase.
Prominent Skills Affecting Sourcing Associate Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Sourcing Associate's salary. It clearly highlights the skills needed for a post of Sourcing Associate when hired by an employer.
The most vital skill expected of Sourcing Associate is Vendor Management which impacts the most than the rest of the skills indicated with a staggering 19% comparatively. Therefore, one’s salary would greatly depend on their skills in Vendor Management.
The skill least likely to affect one’s pay would be Sourcing with 11%. It can be said that Sourcing 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 Sourcing Associate. 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 ₹4,03,543.00 whereas the highest earning is ₹6,76,066.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of ₹6,76,066.00 at 29%. So to summerize, Entry Level earns 23% less than the average salary, Early Career earns 9% less than the average salary, Mid Carrer earns 29% more than the average salary.
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