Asset Protection Associate Average Salary in India 2024
How much money does a person working as Asset Protection Associate make in India?
LOW
14,300
INR AVERAGE
28,100
INR HIGH
43,300
INR
A person working as Asset Protection Associate in India typically earns around 28,100 INR. Salaries range from 14,300 INR (lowest) to 43,300 INR (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Asset Protection Associate salaries in India vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Asset Protection Associate Pay Scale and Salaries in India
Salary Structure and Pay Scale Comparison
25,700 INR or more
22,800 to 25,700 INR
16,500 INR or less
16,500 to 22,800 INR
 14,300 INR |
25,800 INR |
43,300 INR |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Asset Protection Associate in India range from 14,300 INR (starting salary) to 43,300 INR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 25,800 INR, half of the professionals who work as Asset Protection Associate in India earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Asset Protection Associate in India earn less than 21,300 INR, while 75% earn more. Similarly, the chart shows that 75% earn less than 29,300 INR while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Asset Protection Associate in India compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 16,500 INR to 22,800 INR. About 20% of salaries are below the 16,500 INR mark, while 10% fall within the range of 22,800 INR to 25,700 INR. Only 5% of individuals have salaries exceeding 25,700 INR.
Salary Comparison by Years of Experience / Asset Protection Associate / India
How do experience and age affect pay?
| 0 - 2 Years | 16,100 INR | |
| 2 - 5 Years | +31% | 21,000 INR |
| 5 - 10 Years | +40% | 29,400 INR |
| 10 - 15 Years | +20% | 35,300 INR |
| 15 - 20 Years | +9% | 38,400 INR |
| 20+ Years | +8% | 41,400 INR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Asset Protection Associate and this is what we found.
Employees with less than two years of experience earn approximately 16,100 INR.
While someone with an experience level between two and five years is expected to earn 21,000 INR, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 29,400 INR, 40% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 35,300 INR, 20% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 38,400 INR, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 41,400 INR, 8% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Asset Protection Associate / India
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Asset Protection Associate.
| High School | 18,400 INR | |
| Certificate or Diploma | +47% | 27,100 INR |
| Bachelor's Degree | +53% | 41,500 INR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Asset Protection Associate in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 18,400 INR.
Level 2: Certificate or Diploma
At this level, the average salary becomes 27,100 INR, 47% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 41,500 INR, 53% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Asset Protection Associate / India
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Asset Protection Associate in India, the average difference between the salary of male and female employees is 17%.
| Male | 30,500 INR | |
| Female | -15% | 26,000 INR |
Salary Comparison By Gender in India for all Careers
Average Annual Salary Increment Percentage / Asset Protection Associate / India
How much are annual salary increments in India for individuals working as Asset Protection Associate? How often do employees get salary raises?
Individuals working as Asset Protection Associate in India are likely to observe a salary increase of approximately 10% every 18 months. The national average annual increment for all professions combined is 9% granted to employees every 16 months.
India / All Professions
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Worldwide Salary Raises: All Countries and All Jobs
Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Asset Protection Associate / India
How much and how often are bonuses being awarded?
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46% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 54% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 3% to 6% of their annual salary.
| Received Bonus | 54% | |
| No Bonus | 46% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Average Hourly Wage / Asset Protection Associate / India
160 INR per hourThe average hourly wage (pay per hour) for individuals working as Asset Protection Associate in India is 160 INR.This is the rate they get paid for every worked hour.
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working as Asset Protection Associate in India is 83 INR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 27,700 INR | -1% |
| Asset Protection Associate | 28,100 INR | -0% |
| Asset Protection Specialist | 29,700 INR |  +6% |
| Assistant Buyer | 25,300 INR | -10% |
| Buyer | 42,800 INR | +52% |
| Capacity Planner | 30,900 INR | +10% |
| Category Leader | 28,900 INR | +3% |
| Category Management Specialist | 29,700 INR | +6% |
| Category Manager | 32,900 INR | +17% |
| Channel Services Representative | 29,700 INR | +6% |
| Contracts Manager | 34,800 INR | +24% |
| Contracts Specialist | 28,500 INR | +1% |
| Demand Planner | 30,900 INR | +10% |
| Demand Planning Manager | 37,100 INR | +32% |
| Digital Procurement Manager | 33,300 INR | +18% |
| Distribution Assistant | 24,900 INR | -11% |
| Distribution Associate | 25,300 INR | -10% |
| Distribution Manager | 54,600 INR | +94% |
| E-Commerce Buyer | 29,500 INR | +5% |
| E-procurement Specialist | 34,700 INR | +23% |
| Freight and Customs Compliance Manager | 35,200 INR | +25% |
| Green Procurement Specialist | 29,900 INR | +6% |
| Inventory Analyst | 27,800 INR | -1% |
| Inventory Analytics Manager | 27,600 INR | -2% |
| Inventory Control Clerk | 15,000 INR | -47% |
| Inventory Control Manager | 38,000 INR | +35% |
| Inventory Management Associate | 29,300 INR | +4% |
| Inventory Optimization Manager | 33,700 INR | +20% |
| Inventory Specialist | 27,800 INR | -1% |
| Logistics Automation Engineer | 30,900 INR | +10% |
| Logistics Engineer | 25,700 INR | -9% |
| Master Planner | 26,900 INR | -4% |
| Material Handler | 17,100 INR | -39% |
| Material Planning Specialist | 24,100 INR | -14% |
| Merchandise Manager | 32,900 INR | +17% |
| Procurement Administrator | 33,600 INR | +20% |
| Procurement Agent | 21,900 INR | -22% |
| Procurement Analyst | 35,600 INR | +27% |
| Procurement Assistant | 21,900 INR | -22% |
| Procurement Associate | 29,700 INR | +6% |
| Procurement Clerk | 13,500 INR | -52% |
| Procurement Engineer | 27,700 INR | -1% |
| Procurement Manager | 57,000 INR | +100% |
| Procurement Officer | 13,500 INR | -52% |
| Procurement Process Analyst | 33,300 INR | +18% |
| Procurement Risk Manager | 32,800 INR | +17% |
| Procurement Specialist | 26,100 INR | -7% |
| Procurement Technology Consultant | 33,300 INR | +18% |
| Production Planner | 30,900 INR | +10% |
| Project Buyer | 35,600 INR | +27% |
| Purchaser | 42,800 INR | +52% |
| Purchasing Agent | 23,800 INR | -15% |
| Purchasing Assistant | 15,200 INR | -46% |
| Purchasing Manager | 57,000 INR | +100% |
| Purchasing Officer | 25,700 INR | -9% |
| Purchasing Supervisor | 38,000 INR | +35% |
| Shipping and Receiving Clerk | 13,800 INR | -51% |
| Shipping Coordinator | 26,900 INR | -4% |
| Stock Clerk | 15,000 INR | -47% |
| Stock Regulator | 16,600 INR | -41% |
| Storage Manager | 35,600 INR | +27% |
| Store Keeper | 14,300 INR | -49% |
| Stores and Logistics Coordinator | 29,300 INR | +4% |
| Strategic Sourcing Analyst | 39,000 INR | +39% |
| Supplier Diversity Program Manager | 37,500 INR | +33% |
| Supplier Relationship Manager | 39,900 INR | +42% |
| Supply Chain Analyst | 40,400 INR | +44% |
| Supply Chain Coordinator | 30,100 INR | +7% |
| Supply Chain Development Manager | 52,300 INR | +86% |
| Supply Chain Director | 59,400 INR | +110% |
| Supply Chain Manager | 57,000 INR | +100% |
| Supply Planner | 27,700 INR | -1% |
| Sustainability Procurement Specialist | 38,000 INR | +35% |
| Sustainable Sourcing Specialist | 28,500 INR | +1% |
| Sustainable Supply Chain Manager | 42,300 INR | +51% |
| Third Party Logistics Manager | 44,700 INR | +59% |
| Vendor Management Specialist | 39,000 INR | +39% |
| Warehouse Assistant | 11,400 INR | -59% |
| Warehouse Automation Engineer | 28,500 INR | +1% |
| Warehouse Clerk | 11,900 INR | -58% |
| Warehouse Executive | 47,500 INR | +69% |
| Warehouse Lead | 32,300 INR | +15% |
| Warehouse Manager | 49,900 INR | +78% |
| Warehouse Supervisor | 34,800 INR | +24% |
| Wholesale Buyer | 42,800 INR | +52% |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in India is 5% on average across all career fields.
| Private Sector | 31,100 INR | |
| Public Sector | +5% | 32,800 INR |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Asset Protection Associate in India?
A good and competitive compensation would range anywhere between 25,800 INR and 29,300 INR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for a careers like Asset Protection Associate in India ranges from 14,300 INR to 21,300 INR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
