Upload Button Icon Add office photos
filter salariesFilter salaries by

Hospet Steels Mechanical Engineer salaries in Ballari

Annual salary range
5 - 12 years exp.
₹1.9 Lakh - ₹6.4 Lakhs
Salary of majority employees
unlock blur
unlock blur

8% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 5 - 12 years of experience

Interested in this particular role?

Last Updated: 12 Sep 2024

Companies similar to Hospet Steels for Mechanical Engineer in Ballari

Logo
Hospet Steels Mechanical Engineer Salary

5 - 12 years exp. (5 salaries)

unlock blur

₹1.9 L/yr - ₹6.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Slr Metaliks Mechanical Engineer Salary

2 - 8 years exp. (12 salaries)

unlock blur

₹3 L/yr - ₹4.6 L/yr

arrow icon 13% less
Logo
Bmm Ispat Mechanical Engineer Salary

1 - 8 years exp. (9 salaries)

unlock blur

₹3 L/yr - ₹4 L/yr

arrow icon 13% less
Logo
JSW Steel Mechanical Engineer Salary

0 - 14 years exp. (58 salaries)

unlock blur

₹2 L/yr - ₹8 L/yr

arrow icon 37% more
Logo
unlock blur

₹2.5 L/yr - ₹5 L/yr

arrow icon 7% less
Logo
Janki Mechanical Engineer Salary

1 - 11 years exp. (6 salaries)

unlock blur

₹2.2 L/yr - ₹3.8 L/yr

arrow icon 25% less
Mechanical Engineer salary at Hospet Steels ranges between ₹1.9 Lakh to ₹6.4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Hospet Steels.

Latest annual salaries shared by Hospet Steels Mechanical Engineer in Ballari

6mo ago
avg blur mobile
5 years exp.

Experience wise Hospet Steels Mechanical Engineer salaries in Ballari

Last Updated: 12 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

unlock blur

₹3.3 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3.6 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹4.2 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹5.8 L/yr
View all

Similar Designation salaries in Hospet Steels

unlock blur
₹1.9 L/yr - ₹4 L/yr
unlock blur
₹3.9 L/yr - ₹7.62 L/yr

Salary related reviews for Hospet Steels

Full Time

 · 

Security Department

5.0
  •  posted on 04 Jan 2023

5.0
 for  Salary and Benefits

Likes

...ment is transparent. There is a good swimming pool n gaming arcade for chilling. The company policies r good, appraisals r fair n they give good salary hike n bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing to write...

Other Department

5.0
  •  posted on 20 Apr 2022

4.0
 for  Salary and Benefits

Likes

Good work environment and culture Teammates are supportive and the management. give good appraisals are fair and good salary every year bonus

read more
  • Salary - Good
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 04 Sep 2024

5.0
 for  Salary and Benefits

Likes

Here there is a lot of opportunity to learn because it is about work They tell us and tell us to work

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of dust and the road side is not clean at all and the canteen arrangement is also not good

Full Time

 · 

Procurement & Supply Chain Department

3.0
  •  posted on 01 Aug 2022

1.0
 for  Salary and Benefits

Likes

Bus Facility, Office timings. nothing else

Dislikes

Dont have any belief in employees, Continious Audits, unnecessary work pressures and urgent requirements, insufficient warehouse inventory which leads everything urgent in purchase.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 10 Dec 2017

4.0
 for  Salary and Benefits

Likes

in Our company here engineers not only do related work ,we are also learn about other type of works just like design ,material indent responsbility ,mechanical maintenance ,learn about TPM ,5s..

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing

see more salary related reviews

Discover interview dos and don'ts from real experiences

Hospet Steels Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Hospet Steels in Ballari?
The average salary of a Mechanical Engineer at Hospet Steels in Ballari typically ranges from ₹1.9 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Mechanical Engineer in Ballari at Hospet Steels earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Mechanical Engineer Salaries at Hospet 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 5 Hospet Steels employees in India.
What is the estimated take home salary of a Mechanical Engineer at Hospet Steels in Ballari?
The estimated take-home salary of a Mechanical Engineer at Hospet Steels in Ballari typically ranges from ₹29,893 to ₹31,209 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 5 years to 12 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 5 salaries received from various employees of Hospet Steels. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Hospet Steels for Mechanical Engineer in India?
JSW Steel ₹2.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Hospet Steels, depending on the role and experience level.
What is the salary of a Mechanical Engineer in companies similar to Hospet Steels in Ballari?
The salary of a Mechanical Engineer at companies similar to Hospet Steels in Ballari varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Macmet Engineering ₹2.5 Lakhs to ₹5.0 Lakhs per year
Bmm Ispat ₹3.0 Lakhs to ₹4.0 Lakhs per year
Slr Metaliks ₹3.0 Lakhs to ₹4.6 Lakhs per year
Janki ₹2.2 Lakhs to ₹3.8 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 Mechanical Engineer at Hospet Steels in Ballari?
The salary growth for a Mechanical Engineer at Hospet Steels in Ballari depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Ballari can expect the following growth trajectory at Hospet Steels:

Experience Average Salary Range
5 years ₹3.3 Lakhs to ₹4.3 Lakhs per year
6 years ₹3.6 Lakhs to ₹4.7 Lakhs per year
7 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
8 years ₹4.2 Lakhs to ₹5.4 Lakhs per year
and so on.

Tell us how to improve this page.

Hospet Steels Mechanical Engineer salary in Ballari ranges between ₹1.9 Lakh to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Hospet Steels latest salaries received from various employees of Hospet Steels.