Good Luck Steel Tubes Production Engineer Salaries by 8 Employees

1 - 4 years exp.

₹2.4 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Production Engineer Salary in Iron & Steel Companies for 1 - 4 years of experience

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Last Updated: 10 Sep 2024

Companies similar to Good Luck Steel Tubes for Production Engineer

Company name	Avg Annual Salary	Open Jobs
Viraj Profiles Production Engineer Salary 1 - 9 years exp. (161 salaries)	₹1.8 L/yr - ₹6 L/yr 24% more
Bansal Wire Industries Production Engineer Salary 1 - 6 years exp. (37 salaries)	₹1.8 L/yr - ₹4.2 L/yr At par
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Patton International Production Engineer Salary 3 - 13 years exp. (36 salaries)	₹2.1 L/yr - ₹3.9 L/yr 9% more
Rimjhim Ispat Production Engineer Salary 1 - 6 years exp. (30 salaries)	₹1.5 L/yr - ₹5.7 L/yr 17% more
Jindal Steel and Power Production Engineer Salary 1 - 7 years exp. (30 salaries)	₹2 L/yr - ₹4.5 L/yr 3% more
Sanyo Special Steel Manufacturing Production Engineer Salary 3 - 10 years exp. (27 salaries)	₹2.4 L/yr - ₹4.3 L/yr 6% more
Hyundai Steel Production Engineer Salary 3 - 8 years exp. (18 salaries)	₹2.2 L/yr - ₹5 L/yr 42% more
POSCO MAHARASHTRA STEEL Production Engineer Salary 4 - 11 years exp. (15 salaries)	₹3.5 L/yr - ₹8 L/yr 75% more
Rashmi Metaliks Production Engineer Salary 1 - 6 years exp. (14 salaries)	₹2.9 L/yr - ₹6.4 L/yr 53% more
Jindal Industries Private Limited Production Engineer Salary 1 - 5 years exp. (10 salaries)	₹2.4 L/yr - ₹5.3 L/yr 27% more
Uttam Strips Production Engineer Salary 0 - 6 years exp. (9 salaries)	₹2.4 L/yr - ₹3.6 L/yr 1% more
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Slr Metaliks Production Engineer Salary 2 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹5.5 L/yr 8% more
Rashmi Group Production Engineer Salary 2 - 6 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 23% more
Tata Steel Downstream Products Production Engineer Salary 0 - 6 years exp. (6 salaries)	₹2.1 L/yr - ₹6.9 L/yr 35% more
Amalgam Steel Production Engineer Salary 3 - 10 years exp. (6 salaries)	₹3.8 L/yr - ₹4.6 L/yr 39% more
Sunflag Iron and Steel Production Engineer Salary 2 - 8 years exp. (6 salaries)	₹2.8 L/yr - ₹5.6 L/yr 33% more
Sandfits Foundries Production Engineer Salary 2 - 3 years exp. (5 salaries)	₹1 L/yr - ₹2.8 L/yr 43% less
SHYAM METALICS AND ENERGY Production Engineer Salary 0 - 7 years exp. (5 salaries)	₹3.2 L/yr - ₹4.2 L/yr 16% more
Hospet Steels Production Engineer Salary 3 - 13 years exp. (5 salaries)	₹2.4 L/yr - ₹4.8 L/yr 26% more
JSW Group Production Engineer Salary 0 - 7 years exp. (5 salaries)	₹2.9 L/yr - ₹6.8 L/yr 49% more

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Production Engineer salary at Good Luck Steel Tubes ranges between ₹2.4 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Good Luck Steel Tubes.

Experience wise Good Luck Steel Tubes Production Engineer salaries

Last Updated: 10 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr

Similar Designation salaries in Good Luck Steel Tubes

Production Manager Salary

(3 salaries)

₹1.1 L/yr - ₹8.4 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Production Engineer Salary

(4 salaries)

₹4.1 L/yr - ₹5.7 L/yr

Senior Engineer Salary

(6 salaries)

₹3.85 L/yr - ₹6 L/yr

Quality Engineer Salary

(10 salaries)

₹2.15 L/yr - ₹4.8 L/yr

Assistant Engineer Salary

(5 salaries)

₹2.35 L/yr - ₹2.5 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Production Supervisor Salary

(4 salaries)

₹2.4 L/yr - ₹5.8 L/yr

Mechanical Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹4.5 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Good Luck Steel Tubes

5.0

Rated by 2 employees for salary & benefits

Planning Supervisor in Sikandrabad

Full Time

Media Production & Entertainment Department

2.0

• posted on 17 Dec 2024

3.0

for Salary and Benefits

Likes

Only you get your salary on time like, every month's date 6 or 7 nothing else good there.

Dislikes

Challenging Work Environment with Room for Improvement **Pros:** - Exposure to diverse tasks and responsibilities, which can enhance skills for those early in their careers. **Cons:** 1. **Lack of Job Security**: Employee turnover is alarmingly high, with approximately 100 resignations across departments in the past year. 2. **Excessive Work Hours**: The work schedule is rigid, often requiring 12-hour shifts, leaving little room for work-life balance. 3. **Strict Policies**: Even minor delays, such as being late by 5-10 minutes, result in a half-day salary deduction, which feels overly harsh. 4. **Heavy Workload**: Employees are often required to manage the responsibilities of two or more roles simultaneously, leading to significant stress. 5. **Leadership Challenges**: The owners, particularly Rajat Garg and Ram Aggarwal, exhibit unprofessional attitudes, which contribute to a negative work culture. **Advice to Management:** Focus on creating a more supportive and employee-centric environment by: - Improving job security and reducing employee turnover. - Revising policies to make them fairer and more accommodating. - Addressing workload distribution to prevent burnout. - Enhancing leadership skills and fostering a positive workplace culture.

Skill development - Poor

+4 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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Good Luck Steel Tubes Production Engineer Salary FAQs

What is the salary of Production Engineer at Good Luck Steel Tubes ?

The average salary of a Production Engineer at Good Luck Steel Tubes in India typically ranges from ₹2.4 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Production Engineer at Good Luck Steel Tubes earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Production Engineer Salaries at Good Luck Steel Tubes 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 8 Good Luck Steel Tubes employees in India.

What is the estimated take home salary of a Production Engineer at Good Luck Steel Tubes in India?

The estimated take-home salary of a Production Engineer at Good Luck Steel Tubes in India typically ranges from ₹22,150 to ₹23,631 per month. This is based on the average salary range of ₹2.4 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 8 salaries received from various employees of Good Luck Steel Tubes. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Good Luck Steel Tubes for Production Engineer in India?

Tata BlueScope Steel	₹5.5 Lakhs to ₹8.0 Lakhs per year
Peekay Steel Castings	₹3.8 Lakhs to ₹7.4 Lakhs per year
POSCO MAHARASHTRA STEEL	₹3.5 Lakhs to ₹8.0 Lakhs per year
Rashmi Metaliks	₹2.9 Lakhs to ₹6.4 Lakhs per year
JSW Group	₹2.9 Lakhs to ₹6.8 Lakhs per year

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

What is the salary of a Production Engineer in companies similar to Good Luck Steel Tubes in India?

The salary of a Production Engineer at companies similar to Good Luck Steel Tubes in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hyundai Steel	₹2.2 Lakhs to ₹5.0 Lakhs per year
Amalgam Steel	₹3.8 Lakhs to ₹4.6 Lakhs per year
Shyam Steel Industries	₹2.0 Lakhs to ₹6.5 Lakhs per year
Tata Steel Downstream Products	₹2.1 Lakhs to ₹6.9 Lakhs per year
Jindal Group Of Companies	₹3.4 Lakhs to ₹5.0 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 Production Engineer at Good Luck Steel Tubes in India?

The salary growth for a Production Engineer at Good Luck Steel Tubes depends on factors such as experience, performance, and promotions. On average, a Production Engineer can expect the following growth trajectory at Good Luck Steel Tubes:

Experience	Average Salary Range
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.6 Lakhs per year

and so on.

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Good Luck Steel Tubes Production Engineer Salaries

Good Luck Steel Tubes Production Engineer salary in India ranges between ₹2.4 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Good Luck Steel Tubes latest salaries received from various employees of Good Luck Steel Tubes.