Essar Group Durgapur Manager Salaries by 4 Employees

13 - 17 years exp.

₹10.8 Lakhs - ₹16.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% more than the average Manager Salary in Engineering & Construction Companies for 13 - 17 years of experience

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Last Updated: 1 Jun 2024

Companies similar to Essar Group for Manager in Durgapur

Essar Group Manager Salary

13 - 17 years exp. (4 salaries)

₹10.8 L/yr - ₹16.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Jai Balaji Group Manager Salary 6 - 22 years exp. (27 salaries)	₹4.5 L/yr - ₹14 L/yr 33% less
Matix Fertilisers & Chemicals Manager Salary 11 - 16 years exp. (11 salaries)	₹13.5 L/yr - ₹24 L/yr 30% more
Login to view exact salary
Nayara Energy Manager Salary 9 - 14 years exp. (11 salaries)	₹9 L/yr - ₹18.3 L/yr 12% more
Pinnacle Infotech Manager Salary 8 - 12 years exp. (9 salaries)	₹10.8 L/yr - ₹13.5 L/yr 23% less
BDG Metal & Power Manager Salary 15 - 17 years exp. (7 salaries)	₹7.4 L/yr - ₹11.5 L/yr 30% less

Manager salary at Essar Group ranges between ₹10.8 Lakhs to ₹16.8 Lakhs per year for employees with experience between 13 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Essar Group.

Experience wise Essar Group Manager salaries in Durgapur

Last Updated: 1 Jun 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
14 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
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15+ years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

From

Manager

4 - 18 years exp.

Deputy General Manager

9 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Essar Group for Manager

Credit Rating Disbursement Financial Modelling Corporate Finance Valuation

Salary related reviews for Essar Group

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

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.

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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 Manager Salary FAQs

What is the salary of Manager at Essar Group in Durgapur?

The average salary of a Manager at Essar Group in Durgapur typically ranges from ₹10.8 Lakhs to ₹16.8 Lakhs per year, depending on experience (from 13 years to 17 years).

The top 10% of Manager in Durgapur at Essar Group earn more than ₹16.8 Lakhs per year, and the top 1% earn over ₹16.8 Lakhs per year. Manager 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 Manager at Essar Group in Durgapur?

The estimated take-home salary of a Manager at Essar Group in Durgapur typically ranges from ₹98,839 to ₹1,01,523 per month. This is based on the average salary range of ₹10.8 Lakhs to ₹16.8 Lakhs per year for employees with experience ranging from 13 years to 17 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.

What are the key skills required to be a Manager at Essar Group in Durgapur?

To be a Manager at Essar Group in Durgapur, the key skills required include:

- Credit Rating
- Disbursement
- Financial Modelling
- Corporate Finance
- Valuation

These skills are highly valued at Essar Group and are crucial for successful performance in a Software Engineering role.

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

Matix Fertilisers & Chemicals	₹13.5 Lakhs to ₹24.0 Lakhs per year
Nayara Energy	₹9.0 Lakhs to ₹18.3 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 Manager in companies similar to Essar Group in Durgapur?

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

Pinnacle Infotech	₹10.8 Lakhs to ₹13.5 Lakhs per year
BDG Metal & Power	₹7.4 Lakhs to ₹11.5 Lakhs per year
Jai Balaji Group	₹4.5 Lakhs to ₹14.0 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 Manager at Essar Group in Durgapur?

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

Experience	Average Salary Range
13 years	₹12.5 Lakhs to ₹15.9 Lakhs per year
14 years	₹12.3 Lakhs to ₹15.7 Lakhs per year
15 years	₹11.9 Lakhs to ₹15.2 Lakhs per year

and so on.

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Essar Group Manager Salaries in Durgapur

Essar Group Manager salary in Durgapur ranges between ₹10.8 Lakhs to ₹16.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Essar Group latest salaries received from various employees of Essar Group.