Balasore Alloys Assistant Engineer Salaries by 4 Employees

2 - 15 years exp.

₹3.2 Lakhs - ₹4.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Assistant Engineer Salary in Metals & Mining Companies for 2 - 15 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Balasore Alloys for Assistant Engineer

Company name	Avg Annual Salary	Open Jobs
Hindalco Industries Assistant Engineer Salary 3 - 11 years exp. (487 salaries)	₹3.7 L/yr - ₹8.8 L/yr 77% more	1 job opening
Jindal Power Assistant Engineer Salary 1 - 14 years exp. (67 salaries)	₹3.3 L/yr - ₹8 L/yr 70% more
Login to view exact salary
Nava Limited Assistant Engineer Salary 4 - 12 years exp. (11 salaries)	₹2.8 L/yr - ₹5 L/yr 8% more
Prakash Industries Assistant Engineer Salary 3 - 9 years exp. (11 salaries)	₹2.4 L/yr - ₹4.5 L/yr 12% more
Jindal Aluminium Assistant Engineer Salary 1 - 3 years exp. (10 salaries)	₹3.2 L/yr - ₹6.2 L/yr 12% more
Sandur Manganese & Iron Ores Assistant Engineer Salary 1 - 6 years exp. (6 salaries)	₹2.7 L/yr - ₹3.5 L/yr 8% less
Adhunik Metaliks Assistant Engineer Salary 1 - 7 years exp. (6 salaries)	₹1.7 L/yr - ₹3.8 L/yr 35% less
Srikalahasthi Pipes Assistant Engineer Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.9 L/yr 22% less
Monnet Group Assistant Engineer Salary 3 - 12 years exp. (4 salaries)	₹2.8 L/yr - ₹7.4 L/yr 29% more
Vedanta Resources Assistant Engineer Salary 0 - 10 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 3% less
Orient Abrasives Assistant Engineer Salary 1 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 44% less
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Assistant Engineer salary at Balasore Alloys ranges between ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Balasore Alloys.

Experience wise Balasore Alloys Assistant Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
10 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.8 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
12 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
13 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
14 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
15+ years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr

View all

Similar Designation salaries in Balasore Alloys

Shift Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Executive Engineer Salary

(3 salaries)

₹4.5 L/yr - ₹9 L/yr

Junior Engineer Salary

(6 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Production Engineer Salary

(3 salaries)

₹3.6 L/yr - ₹5.3 L/yr

Electrical Engineer Salary

(6 salaries)

₹4 L/yr - ₹5.56 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Shift Incharge Salary

(4 salaries)

₹2.4 L/yr - ₹6 L/yr

Deputy Manager Salary

(13 salaries)

₹7 L/yr - ₹10 L/yr

Salary related reviews for Balasore Alloys

4.9

Rated by 3 employees for salary & benefits

Executive in Balasore,Odisha

Quality Assurance Department

5.0

• posted on 11 Dec 2020

5.0

for Salary and Benefits

Likes

Good work environment & culture.Teammates are supportive and management is transparent.Company policies are good, appraisals are fair.

Salary - Excellent

+6 more

Dislikes

Salary is descent but career growth is very slow.During this pandemic period employees are facing lots of difficulties including acute financial crises.

Executive in Balasore

Quality control Department

5.0

• posted on 07 Aug 2018

5.0

for Salary and Benefits

Likes

Teammates very cooperative.Lot of training.Good career growth.Good Salary depending upon working style/good appraisal.No politics.Good environment for learning. Excellent innovative idea by all the workers.Work environment is good.

Salary - Excellent

+6 more

Dislikes

I want to change for better career.

AGM - COMMERCIAL in Falodi

Finance & Accounting Department

1.0

• posted on 07 Nov 2021

1.0

for Salary and Benefits

Likes

Corporate Ispat Alloys Limited promoter are cheater who cheat Government, Banks and employees for their personal interest and ayyashi. Very 3rd class organization.

Dislikes

Fraud company, Abhijit Jaiswal biggest cheater. Salary not paid for 18 months

Salary - Bad

+6 more

Manager (Project Monitoring And Controlling) in Kolkata

Finance & Accounting Department

3.0

• posted on 23 Aug 2018

3.0

for Salary and Benefits

Likes

When you do the lot of paperwork only than real work, obviously you will learn more, It is a good learning place only. good thing is that Plant & work area is maintained by TPM & Six Sigma, 5S this is what most I like here compared to other plants this plant is very neat & clean. good training is given here.

Skill development - Good

Dislikes

Management decision is very poor, MD is the right person with highly talented but no full power.

Job security - Poor

Computer Operator/Data Entry Operator in Balasore

Data entry operator Department

5.0

• posted on 22 Mar 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

Salary - Excellent

+6 more

Dislikes

Good people

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Balasore Alloys Assistant Engineer Salary FAQs

What is the salary of Assistant Engineer at Balasore Alloys ?

The average salary of a Assistant Engineer at Balasore Alloys in India typically ranges from ₹3.2 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Assistant Engineer at Balasore Alloys earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Engineer Salaries at Balasore Alloys can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Balasore Alloys employees in India.

What is the estimated take home salary of a Assistant Engineer at Balasore Alloys in India?

The estimated take-home salary of a Assistant Engineer at Balasore Alloys in India typically ranges from ₹25,276 to ₹26,711 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Balasore Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Balasore Alloys for Assistant Engineer in India?

Hindalco Industries	₹3.7 Lakhs to ₹8.8 Lakhs per year
Jindal Power	₹3.3 Lakhs to ₹8.0 Lakhs per year
Monnet Group	₹2.8 Lakhs to ₹7.4 Lakhs per year
Jindal Aluminium	₹3.2 Lakhs to ₹6.2 Lakhs per year
Prakash Industries	₹2.4 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Balasore Alloys, depending on the role and experience level.

What is the salary of a Assistant Engineer in companies similar to Balasore Alloys in India?

The salary of a Assistant Engineer at companies similar to Balasore Alloys in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nava Limited	₹2.8 Lakhs to ₹5.0 Lakhs per year
Vedanta Resources	₹3.0 Lakhs to ₹3.6 Lakhs per year
Sandur Manganese & Iron Ores	₹2.7 Lakhs to ₹3.5 Lakhs per year
Srikalahasthi Pipes	₹2.5 Lakhs to ₹3.9 Lakhs per year
Adhunik Metaliks	₹1.7 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Engineer at Balasore Alloys in India?

The salary growth for a Assistant Engineer at Balasore Alloys depends on factors such as experience, performance, and promotions. On average, a Assistant Engineer can expect the following growth trajectory at Balasore Alloys:

Experience	Average Salary Range
2 years	₹1.2 Lakhs to ₹3.2 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Balasore Alloys Assistant Engineer Salaries

Balasore Alloys Assistant Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Balasore Alloys latest salaries received from various employees of Balasore Alloys.