Average Procurement Engineer Salary in Tamil Nadu, India for 2024
In this article, we will look at the average Procurement Engineer salary for 2024 in Tamil Nadu and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!
The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.
All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol โน.
How Much Does a Procurement Engineer Make in Tamil Nadu?
A Procurement Engineer working in Tamil Nadu will typically earn around 386,400 INR per year, and this can range from the lowest average salary of about 197,600 INR to the highest average salary of 596,800 INR.
These are average salaries for a Procurement Engineer in Tamil Nadu and include benefits such as housing and transport. It's also possible for a Procurement Engineer to earn more or less than the average salaries shown above.
Procurement Engineer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.
Distribution of Procurement Engineer Salaries in Tamil Nadu
So we've looked at the average salaries a Procurement Engineer will earn in Tamil Nadu. The next interesting data point is the distribution of salaries.
Salary ranges
We already know that a Procurement Engineer can earn between 197,600 INR and 596,800 INR on average in Tamil Nadu. This is known as the range in statistics.
The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.
Median salary
The median salary for a Procurement Engineer in Tamil Nadu is 381,800 INR. This is the middle value in the distribution of salaries.
What this means is that approximately 50% of the population earn less than 381,800 INR, and 50% of the population earn more than 381,800 INR.
If you are earning more than the median salary, that's a good indicator that you are being paid well.
If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).
Percentiles
Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.
For the average Procurement Engineer salary in Tamil Nadu, 25% of the population are earning less than 261,300 INR while 75% of the population earn more than 261,300 INR.
75% of the population earn less than 478,000 INR, and 25% of the population earn more than 478,000 INR.
Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.
The difference between a median and an average salary
The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.
- If your salary is higher than the average and the median salary, you are earning well compared to others.
- If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
- If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.
Procurement Engineer Salary by Experience Level in Tamil Nadu
The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.
We have researched the average procurement engineer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.
- 0 - 2 Years Experience. A Procurement Engineer in Tamil Nadu that has less than two years of experience can expect to earn somewhere in the region of 222,300 INR.
- 2 - 5 Years Experience. With two to five years of experience the average Procurement Engineer salary would increase to 288,700 INR.
- 5 - 10 Years Experience. From five to ten years of experience as a Procurement Engineer, the average salary would be 404,600 INR.
- 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 487,600 INR.
- 15 - 20 Years Experience. A Procurement Engineer with 15 to 20 years of experience can earn an average of 528,600 INR.
- 20+ Years Experience. For a Procurement Engineer with more than 20 years, the expected average salary increases to 572,200 INR.
Average Salary by Experience Chart
0-2 Years |
222,300 INR
|
|
2-5 Years | +31% |
288,700 INR
|
5-10 Years | +40% |
404,600 INR
|
10-15 Years | +20% |
487,600 INR
|
15-20 Years | +9% |
528,600 INR
|
20+ Years | +8% |
572,200 INR
|
Procurement Engineer Salary by Education Level in Tamil Nadu
As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?
In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.
The salary you can earn based on your education is very specific to both your location and the career path you choose.
In our research, we looked at the average salary for a Procurement Engineer in Tamil Nadu based on the education level of the employees in order to find out whether a better education level would increase your salary.
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High School. A Procurement Engineer in Tamil Nadu with a high school education can earn an average salary of 266,000 INR.
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Certificate or Diploma. A Procurement Engineer in Tamil Nadu with a certificate or diploma education can earn an average salary of 307,400 INR.
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Bachelor's Degree. A Procurement Engineer in Tamil Nadu with a bachelor's degree education can earn an average salary of 431,100 INR.
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Master's Degree. A Procurement Engineer in Tamil Nadu with a master's degree education can earn an average salary of 553,800 INR.
Average Salary by Education Chart
High School |
266,000 INR
|
|
Certificate or Diploma | +15% |
307,400 INR
|
Bachelor's Degree | +41% |
431,100 INR
|
Master's Degree | +29% |
553,800 INR
|
How Much is a Master's Degree or MBA Program?
The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.
As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.
It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.
Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.
Procurement Engineer Salary Compared by Gender
In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.
In Tamil Nadu, a male procurement engineer will earn an average of 341,400 INR, while a female procurement engineer will earn around 319,600 INR.
This means that a male procurement engineer earns approximately 7% more than a female procurement engineer for performing the same job.
Average Salary by Gender Chart in Tamil Nadu
Male |
341,400 INR
|
|
Female | -7% |
319,600 INR
|
Procurement Engineer Average Pay Raise in Tamil Nadu
In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.
From our research, we can see that the average pay raise for a Procurement Engineer in Tamil Nadu is around 11% every 18 months.
The national average pay raise across all professions and industries in India is around 9% every 16 months.
In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.
To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:
Annual Increase = ( Increase Rate ÷ Months ) × 12
So for this example, it would be:
Annual Increase = ( 11 ÷ 18 ) × 12 = 7%
What this means is that a Procurement Engineer in Tamil Nadu can expect to receive an average pay raise of around 7% every 12 months.
Annual Pay Raise by Industry in Tamil Nadu for 2024
In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.
You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.
Banking |
1%
|
|
Energy |
2%
|
|
Information Technology |
3%
|
|
Healthcare |
4%
|
|
Travel |
5%
|
|
Construction |
6%
|
|
Education |
7%
|
Procurement Engineer Bonus and Incentive Rates in Tamil Nadu
Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.
Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.
A Procurement Engineer is a moderate bonus based job, with 55% of employees reporting at least one bonus in the last 12 months.
45% reported that they had not received any bonuses in the previous 12 months.
For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 6%.
Received Bonus |
55%
|
|
No Bonus |
45%
|
What are the Types of Bonus?
There are a number of difference types of bonus you can receive in a job. Including:
- Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
- Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
- Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
- Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.
Government vs Private Sector Salaries
Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.
Public sector employees in India earn approximately 6% more than private sector employees in the same role.
Public Sector |
392,300 INR
|
|
Private Sector | -6% |
371,100 INR
|
Salaries for Jobs Similar to a Procurement Engineer
In the table below, we have salary information for jobs that are similar to a Procurement Engineer in Tamil Nadu.
Salary Comparison by City
If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.
Salary Comparison by State
The table below includes links to the average salary for each state in India.
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