Howrah Ferrous Howrah Mechanical Engg. Design Salaries by 2 Employees

6 - 7 years exp.

₹2.6 Lakhs - ₹3.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 13 Mar 2023

Companies similar to Howrah Ferrous for Mechanical Engg. Design in Howrah

Howrah Ferrous Mechanical Engg. Design Salary

6 - 7 years exp. (AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
NIF ISPAT Mechanical Engg. Design Salary 7 - 9 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 116% more
Chloride Power Systems and Solutions Mechanical Engg. Design Salary 2 - 4 years exp. (3 salaries)	₹1 L/yr - ₹1.9 L/yr 56% less
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Rahee Track Technologies Mechanical Engg. Design Salary 6 - 14 years exp. (3 salaries)	₹3.9 L/yr - ₹4.9 L/yr 46% more

Mechanical Engg. Design salary at Howrah Ferrous ranges between ₹2.6 Lakhs to ₹3.3 Lakhs per year for employees with experience between 6 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Howrah Ferrous.

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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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How the salary growth look like for a Mechanical Engg. Design at Howrah Ferrous in Howrah?

The salary growth for a Mechanical Engg. Design at Howrah Ferrous in Howrah depends on factors such as experience, performance, and promotions. On average, a Mechanical Engg. Design in Howrah can expect the following growth trajectory at Howrah Ferrous:

Experience	Average Salary Range
6 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
7 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

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Howrah Ferrous Mechanical Engg. Design Salaries in Howrah

Howrah Ferrous Mechanical Engg. Design salary in Howrah ranges between ₹2.6 Lakhs to ₹3.3 Lakhs. This is an estimate based on latest salaries received from employees of Howrah Ferrous.

Howrah Ferrous Mechanical Engg. Design salaries in Howrah

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