Hero Steels Ludhiana Management Trainee Salaries by 3 Employees

1 - 3 years exp.

₹2 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

62% less than the average Management Trainee Salary in Iron & Steel Companies for 1 - 3 years of experience

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Salaries in different departments

Marketing & Communication Management Trainee Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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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 in Ludhiana

Hero Steels Management Trainee Salary

1 - 3 years exp. (3 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Rosenberger Electronic Management Trainee Salary 1 - 2 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 87% more
Oswal Woollen Mills Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹5.2 L/yr 29% more
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OM Careers Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹2 L/yr 32% less
Grant Thornton Bharat Management Trainee Salary 1 - 2 years exp. (3 salaries)	₹11 L/yr - ₹12 L/yr 340% more

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 3 latest salaries received from various employees of Hero Steels.

Experience wise Hero Steels Management Trainee salaries in Ludhiana

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Hero Steels

Deputy Manager Salary

(5 salaries)

₹6.05 L/yr - ₹12.5 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.

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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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Hero Steels Management Trainee Salary FAQs

How the salary growth look like for a Management Trainee at Hero Steels in Ludhiana?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹2.3 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.

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Hero Steels Management Trainee Salaries in Ludhiana

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