ISMT Pune Electrical Engineer Salaries by 6 Employees

1 - 6 years exp.

₹2 Lakhs - ₹5.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Electrical Engineer Salary in Iron & Steel Companies for 1 - 6 years of experience

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Last Updated: 13 Aug 2024

Companies similar to ISMT for Electrical Engineer in Pune

ISMT Electrical Engineer Salary

1 - 6 years exp. (6 salaries)

₹2 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Electrical Engineer Salary 1 - 7 years exp. (36 salaries)	₹2 L/yr - ₹6.3 L/yr 11% less
Suzlon Group Electrical Engineer Salary 1 - 8 years exp. (34 salaries)	₹2.4 L/yr - ₹4.5 L/yr At par
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Leadec India Electrical Engineer Salary 3 - 10 years exp. (30 salaries)	₹2.5 L/yr - ₹5.5 L/yr 16% more
Thermax Limited Electrical Engineer Salary 1 - 9 years exp. (28 salaries)	₹2.5 L/yr - ₹7.3 L/yr 46% more
Cummins Electrical Engineer Salary 0 - 9 years exp. (24 salaries)	₹2 L/yr - ₹6.6 L/yr 4% more

Electrical Engineer salary at ISMT ranges between ₹2 Lakhs to ₹5.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of ISMT.

Experience wise ISMT Electrical Engineer salaries in Pune

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in ISMT

Executive Engineer Salary

(44 salaries)

₹3.1 L/yr - ₹5.8 L/yr

Senior Engineer Salary

(14 salaries)

₹4.5 L/yr - ₹5.9 L/yr

Maintenance Engineer Salary

(9 salaries)

₹4 L/yr - ₹5.5 L/yr

Electrical Technician Salary

(4 salaries)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for ISMT

3.0

Rated by 1 employees for salary & benefits

Senior Electrical Maintenance Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 25 Dec 2023

3.0

for Salary and Benefits

Likes

I fill the satisfied ,but electrical equipment needs update ,,it's a old version PLC and SCADA ,CONTACTIOR LOGIC .

Skill development - Good

+1 more

Dislikes

Salary package not as per experience of electric field ... Needs improvement in salary structure..

Promotions - Poor

Store Executive in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 23 Mar 2023

2.0

for Salary and Benefits

Likes

No good thing for say ,but average satisfaction

Job security - Good

Dislikes

...r management had doing parcelity for appraisal, but honest employee frustrated. No right salary for right candidate, Peoples working long time looking on their personal growth. No control on security ,theft , stores most horrible, as am worked for 2 years ,no system implications. All system adjustment, top management never looking there,

Salary - Poor

+3 more

Procurement Executive in Pune

Full Time

Procurement & Supply Chain Department

2.0

• posted on 23 Aug 2018

2.0

for Salary and Benefits

Likes

The team mates are good and supportive but there is no support from senior management.

Dislikes

...illing to improve the system. Still using 20th century softwares and no updates. Salary is delayed by almost a month

Salary - Poor

+4 more

Executive Production in Ahmednagar

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 28 Jan 2023

2.0

for Salary and Benefits

Likes

The employees in the company are friendly and helpful. The plant is a good kick start for career in steel industry.

Dislikes

Appraisal is not up to mark. The juniors join on a salary more than the seniors in plant. Care for the employees is overseen.

Salary - Poor

+1 more

ISMT KIRLOSKAR Baramati in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

1. Supervisor is best in Quality Assurance.

Dislikes

1. After completing 1 year in KIRLOSKAR not taking on roll. 2.Full salary is not giving to all apprenticeship workers. 3.Thorve contractor not giving Rs.4000 please take action fast. 4.Improve safety in worksop.

Salary - Bad

+6 more

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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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ISMT Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at ISMT in Pune?

The average salary of a Electrical Engineer at ISMT in Pune typically ranges from ₹2.0 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Electrical Engineer in Pune at ISMT earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Electrical Engineer Salaries at ISMT 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 ISMT employees in India.

What is the estimated take home salary of a Electrical Engineer at ISMT in Pune?

The estimated take-home salary of a Electrical Engineer at ISMT in Pune typically ranges from ₹26,261 to ₹27,681 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 1 year to 6 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 ISMT. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ISMT for Electrical Engineer in India?

Thermax Limited	₹2.5 Lakhs to ₹7.3 Lakhs per year
Leadec India	₹2.5 Lakhs to ₹5.5 Lakhs per year
Cummins	₹2.0 Lakhs to ₹6.6 Lakhs per year
Suzlon Group	₹2.4 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Electrical Engineer in companies similar to ISMT in Pune?

The salary of a Electrical Engineer at companies similar to ISMT in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Forge

₹2.0 Lakhs to ₹6.3 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 Electrical Engineer at ISMT in Pune?

The salary growth for a Electrical Engineer at ISMT in Pune depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer in Pune can expect the following growth trajectory at ISMT:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹2.2 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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ISMT Electrical Engineer Salaries in Pune

ISMT Electrical Engineer salary in Pune ranges between ₹2 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ISMT latest salaries received from various employees of ISMT.