Electrosteel Casting Lathe Machine Operator Salaries by 7 Employees

1 - 4 years exp.

₹1.2 Lakh - ₹3.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% more than the average Lathe Machine Operator Salary in Building Material Companies for 1 - 4 years of experience

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Last Updated: 16 Nov 2024

Companies similar to Electrosteel Casting for Lathe Machine Operator

Company name	Avg Annual Salary	Open Jobs
Completion Oil Tools Lathe Machine Operator Salary 1 - 4 years exp. (7 salaries)	₹2.2 L/yr - ₹3.5 L/yr 4% less
Hmsu Rollers India Lathe Machine Operator Salary 1 - 4 years exp. (6 salaries)	₹1.9 L/yr - ₹3.1 L/yr 2% less
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Force Motors Lathe Machine Operator Salary 0 - 2 years exp. (5 salaries)	₹1.6 L/yr - ₹2.2 L/yr 30% less
Modern Steels Lathe Machine Operator Salary 4 - 10 years exp. (5 salaries)	₹0.4 L/yr - ₹3.6 L/yr 24% less
Lal Baba Seamless Tubes Lathe Machine Operator Salary 0 - 2 years exp. (5 salaries)	₹1.5 L/yr - ₹1.9 L/yr 36% less

Lathe Machine Operator salary at Electrosteel Casting ranges between ₹1.2 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Electrosteel Casting.

Experience wise Electrosteel Casting Lathe Machine Operator salaries

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹2.5 L/yr

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Salary related reviews for Electrosteel Casting

1.9

Rated by 2 employees for salary & benefits

Junior Engineer in Kolkata

Full Time

Other Department

3.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Staffs are very cooperative and supportive.

Job security - Good

Dislikes

1.Slow Career growth.Very less increasement for junoir lever employees Very less Salary structure. 2.No professional training or opportunity for skill development for new joinees. 3.No Pick up and drop facilities for shift employees. 4.No special benefits for those who are working in Hot zone even also in Summer season. 5.Company will provide you 40 leaves per year(PL+CL) but you can't get opportunities to take more than 10 leaves.No Extra payment, if you attend in holy days.

Skill development - Bad

Engineer in Kolkata

Full Time

Media Production & Entertainment Department

4.0

• posted on 23 Nov 2024

4.0

for Salary and Benefits

Likes

Someone who wants to settle, can join with a handsome package and can continue his rest of the life in a great engineering and helth work culture based manufacturing organisation.

Salary - Good

+4 more

Dislikes

Appraisal is 8% max 6% min

Graduate Engineer in Tirupati

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Jun 2024

2.0

for Salary and Benefits

Likes

If you don't wanna develop. Only your aim is to sit and do nothing and get min salary. Then it's best company for you.

Job security - Excellent

Dislikes

Most of the old people formed group. If are new you will be outsider. They don't want you to develop.

Salary - Poor

+5 more

Senior Engineer Product Development in Kolkata

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 20 Jan 2023

2.0

for Salary and Benefits

Likes

It is a great place for learning. Very much systamatic working environment. Safe working environment. Job security is very good.

Job security - Excellent

+3 more

Dislikes

...owth is not good. Company do not give good increment to it's former employer. Economical growth is poor if some start with low salary.

Salary - Poor

Assistant Electrical Engineer in Kolkata

Full Time

Construction & Site Engineering Department

3.0

• posted on 08 Sep 2021

2.0

for Salary and Benefits

Likes

... which is not employee friendly. Work culture is decent , job security is good . Salary is very poor for new joiners.

Job security - Good

+2 more

Dislikes

Remuneration is not good for young employees.

Salary - Poor

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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Electrosteel Casting Lathe Machine Operator Salary FAQs

What is the salary of Lathe Machine Operator at Electrosteel Casting ?

The average salary of a Lathe Machine Operator at Electrosteel Casting in India typically ranges from ₹1.2 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Lathe Machine Operator at Electrosteel Casting earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Lathe Machine Operator Salaries at Electrosteel Casting 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 7 Electrosteel Casting employees in India.

What is the estimated take home salary of a Lathe Machine Operator at Electrosteel Casting in India?

The estimated take-home salary of a Lathe Machine Operator at Electrosteel Casting in India typically ranges from ₹19,147 to ₹20,823 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 4 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 7 salaries received from various employees of Electrosteel Casting. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Lathe Machine Operator in companies similar to Electrosteel Casting in India?

The salary of a Lathe Machine Operator at companies similar to Electrosteel Casting in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hmsu Rollers India	₹1.9 Lakhs to ₹3.1 Lakhs per year
Completion Oil Tools	₹2.2 Lakhs to ₹3.5 Lakhs per year
Modern Steels	₹0.4 Lakhs to ₹3.6 Lakhs per year
Force Motors	₹1.6 Lakhs to ₹2.2 Lakhs per year
Lal Baba Seamless Tubes	₹1.5 Lakhs to ₹1.9 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 Lathe Machine Operator at Electrosteel Casting in India?

The salary growth for a Lathe Machine Operator at Electrosteel Casting depends on factors such as experience, performance, and promotions. On average, a Lathe Machine Operator can expect the following growth trajectory at Electrosteel Casting:

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹5.9 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.2 Lakhs to ₹4.5 Lakhs per year
4 years	₹1.2 Lakhs to ₹2.5 Lakhs per year

and so on.

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Electrosteel Casting Lathe Machine Operator Salaries

Electrosteel Casting Lathe Machine Operator salary in India ranges between ₹1.2 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Electrosteel Casting latest salaries received from various employees of Electrosteel Casting.