Great Eastern Shipping Company Fourth Engineer Salaries by 6 Employees

0 - 4 years exp.

₹3 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Fourth Engineer Salary in Oil & Gas Companies for 0 - 4 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Fourth Engineer Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹10 L/yr
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Research & Development Fourth Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Great Eastern Shipping Company for Fourth Engineer

Company name	Avg Annual Salary	Open Jobs
Fleet Management Fourth Engineer Salary 0 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹14 L/yr 41% more
Anglo-Eastern Ship Management Fourth Engineer Salary 2 - 5 years exp. (6 salaries)	₹8 L/yr - ₹20 L/yr 117% more
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Shipping Corporation of India Fourth Engineer Salary 0 - 6 years exp. (5 salaries)	₹5.1 L/yr - ₹12 L/yr 38% more
Wallem Ship Management Fourth Engineer Salary 0 - 2 years exp. (5 salaries)	₹1 L/yr - ₹9.6 L/yr 3% less
Executive Ship Management Fourth Engineer Salary 0 - 2 years exp. (5 salaries)	₹4.1 L/yr - ₹15 L/yr 76% more

Fourth Engineer salary at Great Eastern Shipping Company ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Great Eastern Shipping Company.

Experience wise Great Eastern Shipping Company Fourth Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10 L/yr

Similar Designation salaries in Great Eastern Shipping Company

4TH Engineer Salary

(7 salaries)

₹1.1 L/yr - ₹5.5 L/yr

Deck Cadet Salary

(5 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Marine Engineer Salary

(4 salaries)

₹3.6 L/yr - ₹5 L/yr

Trainee Marine Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹3 L/yr

Master Mariner Salary

(3 salaries)

₹35 L/yr - ₹40 L/yr

Second Engineer Salary

(3 salaries)

₹6.5 L/yr - ₹20 L/yr

Third Engineer Salary

(3 salaries)

₹5 L/yr - ₹15 L/yr

able Bodied Seaman Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

3RD Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

2nd Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Salary related reviews for Great Eastern Shipping Company

Engineering Faculty in Pune

Contractual

Other Department

3.0

• posted on 22 Dec 2023

3.0

for Salary and Benefits

Likes

THE STUDENTS WHOM I HAD TAUGHT WERE MOSTLY FROM A DECENT BACKGROUND. So there was a sense of respect in them as I continuously proved my competence with them. In turn, these students rated me as high.

Dislikes

Despite superior feedback from the students, I didn't get my due. As such I always got a lesser salary than my counterparts as I was the lone non-Mariner. I am a Naval Architect from IIT Kharagpur.

Skill development - Bad

+3 more

Back Office Executive in Worli, Mumbai

Other Department

5.0

• posted on 05 Dec 2020

5.0

for Salary and Benefits

Likes

... management is transparent. There is a 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

+5 more

Engineer Officer 3 in Mumbai

Research & Development Department

5.0

• posted on 25 Apr 2019

4.0

for Salary and Benefits

Likes

Gesco ,largest private shipping company great company to work with.promotion is fast,working environment excellent,job guaranteed with nice salary.

Salary - Good

+6 more

Dislikes

Initially sign off was bit issue but currently its excellent.u get sign off before time Company has standardized in all spheres..

CS Management Trainee in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 23 Mar 2018

5.0

for Salary and Benefits

Likes

The company is open to innovation and it treats all its employees equally. Work environment is so good and hygiene is 100% taken care of. Seniors are veery helpful and their guidance helps me to become a good professional. All the employees are always open to help others and are very friendly

Salary - Excellent

+6 more

Dislikes

Not experienced any such things yet.

Machinist in Mumbai

Engine Department

5.0

• posted on 08 Feb 2019

5.0

for Salary and Benefits

Likes

Only one of the best Indian Shipping company in the world I am proud as a Machinist I think how to achieve knowledge & good work culture in the company. One of world THE BEST. 👍

Salary - Excellent

+6 more

Dislikes

NO NEVER .BECAUSE I AM FAITHFUL.

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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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Great Eastern Shipping Company Fourth Engineer Salary FAQs

What is the salary of Fourth Engineer at Great Eastern Shipping Company ?

The average salary of a Fourth Engineer at Great Eastern Shipping Company in India typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Fourth Engineer at Great Eastern Shipping Company earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Fourth Engineer Salaries at Great Eastern Shipping Company 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 6 Great Eastern Shipping Company employees in India.

What is the estimated take home salary of a Fourth Engineer at Great Eastern Shipping Company in India?

The estimated take-home salary of a Fourth Engineer at Great Eastern Shipping Company in India typically ranges from ₹40,958 to ₹42,109 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher 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 6 salaries received from various employees of Great Eastern Shipping Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Great Eastern Shipping Company for Fourth Engineer in India?

Anglo-Eastern Ship Management	₹8.0 Lakhs to ₹20.0 Lakhs per year
Executive Ship Management	₹4.1 Lakhs to ₹15.0 Lakhs per year
Fleet Management	₹1.5 Lakhs to ₹14.0 Lakhs per year
Shipping Corporation of India	₹5.1 Lakhs to ₹12.0 Lakhs per year

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

What is the salary of a Fourth Engineer in companies similar to Great Eastern Shipping Company in India?

The salary of a Fourth Engineer at companies similar to Great Eastern Shipping Company in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Wallem Ship Management

₹1.0 Lakhs to ₹9.6 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 Fourth Engineer at Great Eastern Shipping Company in India?

The salary growth for a Fourth Engineer at Great Eastern Shipping Company depends on factors such as experience, performance, and promotions. On average, a Fourth Engineer can expect the following growth trajectory at Great Eastern Shipping Company:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹3.6 Lakhs per year
1 year	₹1.4 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.6 Lakhs to ₹9.3 Lakhs per year
3 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Great Eastern Shipping Company Fourth Engineer Salaries

Great Eastern Shipping Company Fourth Engineer salary in India ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Great Eastern Shipping Company latest salaries received from various employees of Great Eastern Shipping Company.