Elecon Engineering Management Trainee Salaries by 5 Employees

0 - 2 years exp.

₹1.5 Lakh - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

59% less than the average Management Trainee Salary in Electrical Equipment Companies for 0 - 2 years of experience

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Salaries in different departments

Research & Development Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr
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Administration & Facilities Management Trainee Salary Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 17 Mar 2023

Companies similar to Elecon Engineering for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Polycab Wires Management Trainee Salary 0 - 1 year exp. (29 salaries)	₹4.7 L/yr - ₹13.5 L/yr 147% more
Legrand Management Trainee Salary 0 - 7 years exp. (19 salaries)	₹3.5 L/yr - ₹6.4 L/yr 67% more
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CG Power and Industrial Solutions Management Trainee Salary 0 - 2 years exp. (18 salaries)	₹15 L/yr - ₹18.5 L/yr 466% more
Okaya Power Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4.5 L/yr - ₹7 L/yr 80% more
Finolex Cables Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹1.8 L/yr - ₹2 L/yr 35% less
RR kabel Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹17 L/yr 155% more
Kirloskar Electric Company Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 33% less
KEI Industries Management Trainee Salary 0 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹10 L/yr 166% more
Raychem RPG Management Trainee Salary 0 - 6 years exp. (4 salaries)	₹4 L/yr - ₹20 L/yr 262% more

Management Trainee salary at Elecon Engineering ranges between ₹1.5 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Elecon Engineering.

Experience wise Elecon Engineering Management Trainee salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.5 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Elecon Engineering

Accountant Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(9 salaries)

₹8.5 L/yr - ₹17 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Salary related reviews for Elecon Engineering

Senior Executive in Anand

Full Time

Construction & Site Engineering Department

1.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

They are paying on time salary with hr policy also good

Promotions - Excellent

Dislikes

Those who are belongs to Gujarat or Gujarati are only survivors rest of other state they are treat like less minded people, in India i will face 1st time in my hole carrier racism 😔

Skill development - Bad

+4 more

Engineer Trainee in Anand

Full Time

Sales & Business Development Department

5.0

• posted on 22 Jul 2018

3.0

for Salary and Benefits

Likes

India's Largest Gear manufacturing Company...I feel very honoured and happy to work in this organisation...Lots of things to learn...Seniors helps out in trouble situation...Appreciation of your work...Team/Group Work to achieve target...Doubt clearance in any time from seniors

Skill development - Good

+3 more

Dislikes

... Job Guarantee...Every year company throws out their employees in huge amount...Salary never comes in time...sometimes it becomes gap of 1 months...

Job security - Bad

Executive in Vallabh Vidyanagar

Full Time

Mechanical Design Department

3.0

• posted on 14 Jan 2022

2.0

for Salary and Benefits

Likes

the company is open to innovation and delivers reliable and good quality products and has a global client base.

Skill development - Good

+2 more

Dislikes

compensation is decent, but growth is slow. the great learning experience for fresher candidates.

Salary - Poor

+1 more

Assistant Manager-MARINE SERVICES in Gujarat,Dist - Anand

Finance & Accounting Department

4.0

• posted on 11 Apr 2022

3.0

for Salary and Benefits

Likes

The senior management people listen to us, Although it takes time to put it into streamline

Skill development - Good

+2 more

Dislikes

Delay but not denied monthly salary.... Promotion criteria is not good, as my hod recommends for my promotion but management speaks only in terms of marketing/ business development whereas I am being a service engineer brings business indirectly to my company by making a strong base because of my confidence, professionalism, and trust worthiness. If we don't commission and h/o the equipment properly then in future we shall be neglected for their future business in pipeline... Hence in short I would like to say the evaluation procedure and protocols should have different methods in identifying the different candidates as per their nature of Job 2. No medical facilities for individual and family 3.Infact yearly medical examination was also cancelled to do cost cutting

Graduate Apprentice Trainee in V.U.NAGAR

Procurement & Supply Chain Department

5.0

• posted on 11 Nov 2020

4.0

for Salary and Benefits

Likes

The process would be linear with some essential precaution has been taken by company.

Salary - Good

+5 more

Dislikes

The salary is decent and company's employer distrust on company also company do not take care about employer's future life and theirs families.

Job security - Bad

see more salary related reviews

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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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Elecon Engineering Management Trainee Salary FAQs

What is the salary of Management Trainee at Elecon Engineering ?

The average salary of a Management Trainee at Elecon Engineering in India typically ranges from ₹1.5 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at Elecon Engineering earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Management Trainee Salaries at Elecon Engineering 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 5 Elecon Engineering employees in India.

What is the estimated take home salary of a Management Trainee at Elecon Engineering in India?

The estimated take-home salary of a Management Trainee at Elecon Engineering in India typically ranges from ₹21,842 to ₹23,328 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher to 2 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 5 salaries received from various employees of Elecon Engineering. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Elecon Engineering for Management Trainee in India?

CG Power and Industrial Solutions	₹15.0 Lakhs to ₹18.5 Lakhs per year
Raychem RPG	₹4.0 Lakhs to ₹20.0 Lakhs per year
KEI Industries	₹2.4 Lakhs to ₹10.0 Lakhs per year
RR kabel	₹4.5 Lakhs to ₹17.0 Lakhs per year
Polycab Wires	₹4.7 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Elecon Engineering in India?

The salary of a Management Trainee at companies similar to Elecon Engineering in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Okaya Power	₹4.5 Lakhs to ₹7.0 Lakhs per year
Legrand	₹3.5 Lakhs to ₹6.4 Lakhs per year
Kirloskar Electric Company	₹1.8 Lakhs to ₹2.4 Lakhs per year
Finolex Cables	₹1.8 Lakhs to ₹2.0 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 Management Trainee at Elecon Engineering in India?

The salary growth for a Management Trainee at Elecon Engineering depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Elecon Engineering:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.3 Lakhs per year
1 year	₹2.8 Lakhs to ₹3.6 Lakhs per year
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Elecon Engineering Management Trainee Salaries

Elecon Engineering Management Trainee salary in India ranges between ₹1.5 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Elecon Engineering latest salaries received from various employees of Elecon Engineering.