Hero Steels Management Trainee Salaries by 4 Employees

1 - 3 years exp.

₹2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

64% less than the average Management Trainee Salary in Iron & Steel Companies for 1 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Marketing & Communication Management Trainee Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Human Resources Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Login to view exact salary
Consulting Management Trainee Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 26 Sep 2024

Companies similar to Hero Steels for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Tata BlueScope Steel Management Trainee Salary 0 - 1 year exp. (5 salaries)	₹7 L/yr - ₹8.2 L/yr 193% more
Tata Steel Downstream Products Management Trainee Salary Fresher (5 salaries)	₹7.8 L/yr - ₹11.2 L/yr 257% more
Login to view exact salary
BMW Industries Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.4 L/yr - ₹1.8 L/yr 38% less
Welspun Specialty Solutions Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹5 L/yr 17% more
Genpact Management Trainee Salary 0 - 13 years exp. (19.8k salaries)	₹1.7 L/yr - ₹8.5 L/yr 138% more	24 job openings

Management Trainee salary at Hero Steels ranges between ₹2 Lakhs to ₹3 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 Hero Steels.

Experience wise Hero Steels Management Trainee salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Hero Steels

Finance Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(6 salaries)

₹6.05 L/yr - ₹12.5 L/yr

Account Assistant Salary

(4 salaries)

₹2.7 L/yr - ₹3.5 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Hero Steels

4.0

Rated by 1 employees for salary & benefits

Engineer in Ludhiana

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 04 Mar 2024

1.0

for Salary and Benefits

Likes

A special thing about Hero Steel is that job security is 100 percent, sports activities are also there, everyone works together like a family, this is special.

Skill development - Good

+3 more

Dislikes

There is no value for the working employees. There are more employees who work on salary and recommendation, this is not a good thing.

Salary - Bad

+1 more

Engineer in Ludhiana

Full Time

Quality Assurance Department

5.0

• posted on 20 Nov 2023

4.0

for Salary and Benefits

Likes

Good place for learning new skills, very nice staff, flexible work schedule

Salary - Good

+5 more

Dislikes

When a employee working day and night shift for the company then company responsibility is give the good appraisal to employees but Appraisal not good that is the only one bad point about the company otherwise company is good

Zonal Sales Head in Ludhiana

Sales & Business Development Department

5.0

• posted on 28 May 2022

4.0

for Salary and Benefits

Likes

Right Platform to Learn, Develop your skill set. Hero Steels Ltd. is a employee friendly, Learning Oriented, Open Culture Organisation. Handled by a versatile Team of Professionals striving to perform consistently and grow with the Organisation.

Salary - Good

+6 more

Dislikes

No Opportunity of Job Rotation within the Group companies. It makes individual growth slower in comparison to other group companies.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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?

Got a question about Hero Steels?

Ask anonymously on communities.

Hero Steels Management Trainee Salary FAQs

What is the salary of Management Trainee at Hero Steels ?

The average salary of a Management Trainee at Hero Steels in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Management Trainee at Hero Steels earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Management Trainee Salaries at Hero 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 Hero Steels employees in India.

What is the estimated take home salary of a Management Trainee at Hero Steels in India?

The estimated take-home salary of a Management Trainee at Hero Steels in India typically ranges from ₹18,486 to ₹20,172 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 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 Hero Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Hero Steels for Management Trainee in India?

Tata Steel Downstream Products	₹7.8 Lakhs to ₹11.2 Lakhs per year
Tata BlueScope Steel	₹7.0 Lakhs to ₹8.2 Lakhs per year
Genpact	₹1.7 Lakhs to ₹8.5 Lakhs per year
Welspun Specialty Solutions	₹2.2 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Hero Steels in India?

The salary of a Management Trainee at companies similar to Hero Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BMW Industries

₹1.4 Lakhs to ₹1.8 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 Management Trainee at Hero Steels in India?

The salary growth for a Management Trainee at Hero Steels depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Hero Steels:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Hero Steels Salaries >
Hero Steels Management Trainee Salaries

Hero Steels Management Trainee salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Hero Steels latest salaries received from various employees of Hero Steels.