Procurement Lead Salary at Synechron Inc BETA

How much does a Synechron Inc Procurement Lead make?

As of December 2024, the average annual salary for a Procurement Lead at Synechron Inc is $211,930, which translates to approximately $102 per hour. Salaries for Procurement Lead at Synechron Inc typically range from $172,615 to $239,682, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Synechron Inc Overview

Website:
synechron.com
Size:
7,500 - 15,000 Employees
Revenue:
$1B - $3B
Industry:
Software & Networking

Synechron, headquartered in New York, New York, is a consulting and technology organization that provides solutions to the financial services industry through its three main business focus areas: digital, business consulting, and technology.

See similar companies related to Synechron Inc

What Skills Does a person Need at Synechron Inc?

At Synechron Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Procurement: Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement is used to ensure the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and price fluctuations. Procurement generally involves making buying decisions under conditions of scarcity. If sound data is available, it is good practice to make use of economic analysis methods such as cost-benefit analysis or cost-utility analysis.
  2. Purchasing: Purchasing refers to a business or organization attempting to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between organizations. Typically the word “purchasing” is not used interchangeably with the word “procurement”, since procurement typically includes expediting, supplier quality, and transportation and logistics (T&L) in addition to purchasing.
  3. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  4. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  5. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

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Check more jobs information at Synechron Inc

Job Title Average Synechron Inc Salary Hourly Rate
2 Web Developer $127,118 $61
3 Account Executive $106,161 $51
4 Account Manager $111,988 $54
5 Admin $73,895 $36
6 Administrative Officer $63,746 $31
7 Administrative Secretary $58,793 $28
8 Application Architect $223,369 $107
9 Application Developer $161,579 $78
10 Application Engineer $110,423 $53
11 Assistant Manager, Projects $163,292 $79
12 Assistant Manager, QC $143,711 $69
13 Assistant Manager, Quality $134,136 $64

Hourly Pay at Synechron Inc

The average hourly pay at Synechron Inc for a Procurement Lead is $102 per hour. The location, department, and job description all have an impact on the typical compensation for Synechron Inc positions. The pay range and total remuneration for the job title are shown in the table below. Synechron Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $211,930 look to you?

FAQ about Salary and Jobs at Synechron Inc

1. How much does Synechron Inc pay per hour?
The average hourly pay is $102. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Synechron Inc?
According to the data, the highest approximate salary is about $239,682 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Synechron Inc?
According to the data, the lowest estimated salary is about $172,615 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.