Entry-Level Bid Manager Salary (India)
An Entry-Level Bid Manager earns an average salary of Rs 605,042 per year. A skill in Pre-Sales is associated with high pay for this job.
|Range||Rs 0Rs 1M|
|Salary||Rs 318,000 - Rs 981,663|
|Bonus||Rs 0.00 - Rs 100,446|
|Profit Sharing||Rs 40,000|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|Rs 322,477 - Rs 1,000,885|
Job Description for Bid Manager
A bid manager oversees the process of bidding on contracts, from initial development and structuring to placing the bid to follow-up. They typically oversee a team that gathers the necessary information, performs cost analysis, and completes other tasks that are necessary to create an accurate and successful bid. Additionally, the bid manager is responsible for reporting the status of bids to executive management. An average day for a bid manager involves assessing the status of bids in progress, checking in with colleagues and department team members, reporting to direct supervisors, performing research, and refining bid data to present a polished bid. The job takes place primarily indoors, though in some cases travel and on-site inspection may be necessary for the manager to gather additional information for project completion.Read More...
Requirements for the position of bid manager vary by company, as well as the specific product or service for bid. In general, candidates are expected to hold a bachelor's degree in business administration or a related field. They should also have experience in the organization's field. Individuals who work as bid managers have usually worked as junior bid associates and accumulated significant experience prior to taking on a more senior role. Individuals who work as bid managers must have excellent interpersonal skills, as well as time management and multitasking skills. (Copyright 2018 PayScale.com)
Bid Manager Tasks
- Manage the bid budget
- Monitor progress and resolve issues that arise
- Manage large bids
- Ensure review of the bid process and contract
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Key Stats for Bid Manager
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