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Gold Star Steels Melter salaries in India

Annual salary range
1 - 3 years exp.
₹1 Lakh - ₹2.1 Lakhs
Salary of majority employees
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45% less than the average Melter Salary for 1 - 3 years of experience

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Last Updated: 12 Mar 2023

Companies similar to Gold Star Steels for Melter

Company name Avg Annual Salary Open Jobs
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Electrosteel Casting Melter Salary

1 - 8 years exp. (7 salaries)

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₹1.2 L/yr - ₹4.3 L/yr

arrow icon 18% more
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Texmaco Rail and Engineering Melter Salary

4 - 13 years exp. (5 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 105% more
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Aarti Steels Melter Salary

1 - 8 years exp. (4 salaries)

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₹3.2 L/yr - ₹5.5 L/yr

arrow icon 141% more
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Jai Balaji Group Melter Salary

2 - 12 years exp. (4 salaries)

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₹3.4 L/yr - ₹4.5 L/yr

arrow icon 114% more
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Crescent Foundry Melter Salary

4 - 9 years exp. (4 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 114% more
Melter salary at Gold Star Steels ranges between ₹1 Lakh to ₹2.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Gold Star Steels.

Latest annual salaries shared by Gold Star Steels Melter

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Experience wise Gold Star Steels Melter salaries

Last Updated: 12 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.9 L/yr - ₹1.1 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.4 L/yr

Similar Designation salaries in Gold Star Steels

Shift Incharge Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Gold Star Steels Melter Salary FAQs

What is the salary of Melter at Gold Star Steels ?
The average salary of a Melter at Gold Star Steels in India typically ranges from ₹1.0 Lakhs to ₹2.1 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Melter at Gold Star Steels earn more than ₹2.1 Lakhs per year, and the top 1% earn over ₹2.1 Lakhs per year. Melter Salaries at Gold Star Steels 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 Gold Star Steels employees in India.
What is the estimated take home salary of a Melter at Gold Star Steels in India?
The estimated take-home salary of a Melter at Gold Star Steels in India typically ranges from ₹12,036 to ₹13,347 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from 1 year to 3 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 Gold Star Steels. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Gold Star Steels for Melter in India?
Aarti Steels ₹3.2 Lakhs to ₹5.5 Lakhs per year
Crescent Foundry ₹2.5 Lakhs to ₹4.2 Lakhs per year
Jai Balaji Group ₹3.4 Lakhs to ₹4.5 Lakhs per year
Texmaco Rail and Engineering ₹2.3 Lakhs to ₹5.0 Lakhs per year
Electrosteel Casting ₹1.2 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Gold Star Steels, depending on the role and experience level.
How the salary growth look like for a Melter at Gold Star Steels in India?
The salary growth for a Melter at Gold Star Steels depends on factors such as experience, performance, and promotions. On average, a Melter can expect the following growth trajectory at Gold Star Steels:

Experience Average Salary Range
1 year ₹0.9 Lakhs to ₹1.1 Lakhs per year
2 years ₹1.8 Lakhs to ₹2.2 Lakhs per year
3 years ₹1.8 Lakhs to ₹2.4 Lakhs per year
and so on.

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Gold Star Steels Melter salary in India ranges between ₹1 Lakh to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Gold Star Steels latest salaries received from various employees of Gold Star Steels.