Essar Group Deputy Manager - Finance Salaries by 4 Employees

2 - 15 years exp.

₹8 Lakhs - ₹15.8 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Deputy Manager - Finance Salary in Engineering & Construction Companies for 2 - 15 years of experience

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Last Updated: 14 Aug 2024

Companies similar to Essar Group for Deputy Manager - Finance

Company name	Avg Annual Salary	Open Jobs
Kalpataru Projects International Deputy Manager - Finance Salary 0 - 8 years exp. (8 salaries)	₹7 L/yr - ₹15 L/yr 15% less
Tata Projects Deputy Manager - Finance Salary 2 - 15 years exp. (6 salaries)	₹8 L/yr - ₹10 L/yr 24% less
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PNC Infratech Deputy Manager - Finance Salary 13 - 22 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 10% less
Larsen & Toubro Limited Deputy Manager - Finance Salary 2 - 5 years exp. (4 salaries)	₹9.5 L/yr - ₹18 L/yr 14% more
Welspun Enterprises Deputy Manager - Finance Salary 9 - 10 years exp. (3 salaries)	₹14.5 L/yr - ₹16 L/yr 28% more
G R Infraprojects Deputy Manager - Finance Salary 8 - 12 years exp. (3 salaries)	₹6.6 L/yr - ₹14.5 L/yr 22% less
Essar Projects India Deputy Manager - Finance Salary 16 - 19 years exp. (3 salaries)	₹9.5 L/yr - ₹12 L/yr 7% less

Deputy Manager - Finance salary at Essar Group ranges between ₹8 Lakhs to ₹15.8 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 Essar Group.

Experience wise Essar Group Deputy Manager - Finance salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹15.8 L/yr

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Salary related reviews for Essar Group

Deputy Manager in Mumbai

Full Time

Construction & Site Engineering Department

4.0

• posted on 10 Oct 2024

3.0

for Salary and Benefits

Likes

Everyone from the HO is very cooperative.

Skill development - Good

+3 more

Dislikes

Company selected the employees without judging their in detail. Many of the junior as well as senior employees are very poor in technical/construction knowledge though they are getting high salary only on the basis of experience.

Deputy Manager Information Technology in Anugul

Full Time

IT & Information Security Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Currently company culture is not good...very terrible condition in working at project site, earlier Essar company culture, rules, regulations iare not matching with this current organization.

Dislikes

Salary is also not getting on time...

Salary - Bad

+6 more

Senior Manager in Surat

Full Time

Other Department

2.0

• posted on 12 Apr 2023

1.0

for Salary and Benefits

Likes

Working time is only benefit here. Come anytime go anytime. No strict decipline. Job is secured here, until u want to leave the company no one can lay you off. So most of people are leaving the company within 6-12months of joining.

Job security - Good

+1 more

Dislikes

Starting from work culture to salary everything is worst. They are still working as per old tradition and using AutoCAD 2D. No value engineering is done here. Most of the things are done by using thumb rules and over-design. They have not given APLI or appraisal from last 2 years. They fool employees by giving false promises of appraisals. They don't use standard ISO practice for documentation, just doing work like a layman. They offer more salary to new employees than existing employees. Salaries of draftsman are higher than engineers. Salaries of GET is more than salary of employees working from last many years. Otherwise the GET or newly joined employees don't stay here, due to above mentioned issues. They don't do any employee welfare or refreshments activities in the office.

Salary - Bad

+4 more

Security Manager in Hazira, Surat

Security Services Department

5.0

• posted on 10 Jan 2022

5.0

for Salary and Benefits

Likes

...ement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Essar group is good for working.

Manager in Mahalaxmi

Finance Department

1.0

• posted on 25 Mar 2021

1.0

for Salary and Benefits

Likes

Didn't fire anyone during covid time. Variable payout was cancelled but no salary cut in fixed monthly salary.

Dislikes

Terrible company to work for. Promoters don't care about employees life. Employees have been threatened to come to work since June 2020 else face 50% salary cuts. 6 days working and no benefits. No funding in entire group and all are dieing businesses. Please don't join unless in dire need of a job.

Salary - Bad

+6 more

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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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Essar Group Deputy Manager - Finance Salary FAQs

What is the salary of Deputy Manager - Finance at Essar Group ?

The average salary of a Deputy Manager - Finance at Essar Group in India typically ranges from ₹8.0 Lakhs to ₹15.8 Lakhs per year, depending on experience (from 2 years to 15 years).

The top 10% of Deputy Manager - Finance at Essar Group earn more than ₹15.8 Lakhs per year, and the top 1% earn over ₹15.8 Lakhs per year. Deputy Manager - Finance Salaries at Essar Group 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 Essar Group employees in India.

What is the estimated take home salary of a Deputy Manager - Finance at Essar Group in India?

The estimated take-home salary of a Deputy Manager - Finance at Essar Group in India typically ranges from ₹85,486 to ₹87,723 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.8 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 Essar Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Essar Group for Deputy Manager - Finance in India?

Welspun Enterprises	₹14.5 Lakhs to ₹16.0 Lakhs per year
Larsen & Toubro Limited	₹9.5 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Deputy Manager - Finance in companies similar to Essar Group in India?

The salary of a Deputy Manager - Finance at companies similar to Essar Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Essar Projects India	₹9.5 Lakhs to ₹12.0 Lakhs per year
PNC Infratech	₹8.5 Lakhs to ₹12.0 Lakhs per year
Kalpataru Projects International	₹7.0 Lakhs to ₹15.0 Lakhs per year
G R Infraprojects	₹6.6 Lakhs to ₹14.5 Lakhs per year
Tata Projects	₹8.0 Lakhs to ₹10.0 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 Deputy Manager - Finance at Essar Group in India?

The salary growth for a Deputy Manager - Finance at Essar Group depends on factors such as experience, performance, and promotions. On average, a Deputy Manager - Finance can expect the following growth trajectory at Essar Group:

Experience	Average Salary Range
2 years	₹4.6 Lakhs to ₹13.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹15.8 Lakhs per year

and so on.

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Essar Group Deputy Manager - Finance Salaries

Essar Group Deputy Manager - Finance salary in India ranges between ₹8 Lakhs to ₹15.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Essar Group latest salaries received from various employees of Essar Group.