Jai Balaji Group Management Trainee Salaries by 10+ Employees

0 - 2 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

53% less than the average Management Trainee Salary in Iron & Steel Companies for 0 - 2 years of experience

Interested in this particular role?

Last Updated: 16 Jan 2024

Companies similar to Jai Balaji Group for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Jayaswal Neco Industries Management Trainee Salary 0 - 2 years exp. (31 salaries)	₹2 L/yr - ₹4.3 L/yr 3% less
SHYAM METALICS AND ENERGY Management Trainee Salary 0 - 3 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 66% more
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ArcelorMittal Nippon Steel Management Trainee Salary 0 - 2 years exp. (17 salaries)	₹5.6 L/yr - ₹15 L/yr 220% more
Jindal Stainless Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹15 L/yr - ₹17.5 L/yr 391% more
Jindal Industries Private Limited Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹3 L/yr - ₹14.5 L/yr 137% more
Welspun Corp Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹5 L/yr - ₹6 L/yr 58% more
Electrotherm Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹3.6 L/yr - ₹4.2 L/yr 19% more
Sunflag Iron and Steel Management Trainee Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 27% less
Aarti Steels Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 24% less

Management Trainee salary at Jai Balaji Group ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 14 latest salaries received from various employees of Jai Balaji Group.

Experience wise Jai Balaji Group Management Trainee salaries

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
Fresher (9 salaries)	₹3 L/yr - ₹4 L/yr
1 year (4 salaries)	₹3 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr

Similar Designation salaries in Jai Balaji Group

Finance Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Accountant Salary

(12 salaries)

₹1.2 L/yr - ₹5.25 L/yr

Accounts Officer Salary

(18 salaries)

₹2 L/yr - ₹3.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Deputy Manager Salary

(16 salaries)

₹4.8 L/yr - ₹10.8 L/yr

Account Assistant Salary

(7 salaries)

₹1 L/yr - ₹3 L/yr

SAP Fico Consultant Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Salary related reviews for Jai Balaji Group

1.2

Rated by 4 employees for salary & benefits

Electrical Engineer in Durgapur (working remotely)

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 Nov 2024

2.0

for Salary and Benefits

Likes

Some employees mention the company offers good scope for learning and career development within the industry. Several reviews highlight a cooperative and helpful attitude among fellow employees.

Dislikes

Several reviews mention issues with delayed salary payments, low salaries compared to industry standards, aFrequent complaints regarding poor management practices, lack of clear leadership, and inconsistent decision-making.Some employees raise concerns about inadequate safety measures and lack of proper safety protocols within the workplace.

Salary - Poor

+3 more

Quality Control Chemist Officer in Durgapur

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Oct 2024

1.0

for Salary and Benefits

Likes

Job security is very good here, only one positive Gives salary after 20th of next month, no permanent month for yearly increment, can have increment in a year or not, gives Puja bonus of 6 months in a year not of 12 months, doesn't give release letter if you resign by not following notic period, no Sweets or anything from in any festival, much lesser total leave amount of an employee than other steel plant, internal increment occurs of many employees who are adept in polishing their superiors

Job security - Good

Dislikes

Total garbage company

Salary - Bad

+5 more

Control Room Operator in Raniganj

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 24 Dec 2024

4.0

for Salary and Benefits

Likes

Jai bala ji company best company.I really enjoyed working in the company. I quit working for my family.

Salary - Good

+6 more

Dislikes

It was fine to work in the company but I had joined on experience basis but the salary was very less.

Electrical Engineer in Durgapur

Full Time

Energy & Mining Department

2.0

• posted on 14 Sep 2023

2.0

for Salary and Benefits

Likes

The plant is located very close to heart of the city.

Job security - Good

Dislikes

...ng slangs and foul languages are common habits. Learning opportunities are none. Salary irregular, it frequently delays beyond 2 months. Only those people gets promotions and salary hike who are close to higher management. No value for qualification or ability are given. The whole plant stays covered with thick smog throughout the year. HRD does not pay a heed to any complaints or problems faced by the employees.

Salary - Poor

+3 more

Junior Engineer in Durgapur

Full Time

Quality Assurance Department

1.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

Very bad management, very bad salary update every month delay payments, no increment every year. And also there no respect for company stuff and also very bad work envirom3nt, no safety. I want to give 0 star rating but there no option available for that.

Dislikes

Everything Management Work environment Salary Increment Respect

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Jai Balaji Group Management Trainee Salary FAQs

What is the salary of Management Trainee at Jai Balaji Group ?

The average salary of a Management Trainee at Jai Balaji Group in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee at Jai Balaji Group earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Management Trainee Salaries at Jai Balaji Group 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 10+ Jai Balaji Group employees in India.

What is the estimated take home salary of a Management Trainee at Jai Balaji Group in India?

The estimated take-home salary of a Management Trainee at Jai Balaji Group in India typically ranges from ₹24,820 to ₹26,261 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 10+ salaries received from various employees of Jai Balaji Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Jai Balaji Group for Management Trainee in India?

Jindal Stainless	₹15.0 Lakhs to ₹17.5 Lakhs per year
ArcelorMittal Nippon Steel	₹5.6 Lakhs to ₹15.0 Lakhs per year
Jindal Industries Private Limited	₹3.0 Lakhs to ₹14.5 Lakhs per year
SHYAM METALICS AND ENERGY	₹2.4 Lakhs to ₹7.0 Lakhs per year
Welspun Corp	₹5.0 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Jai Balaji Group in India?

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

Electrotherm	₹3.6 Lakhs to ₹4.2 Lakhs per year
Jayaswal Neco Industries	₹2.0 Lakhs to ₹4.3 Lakhs per year
Aarti Steels	₹1.8 Lakhs to ₹3.6 Lakhs per year
Sunflag Iron and Steel	₹2.0 Lakhs to ₹3.0 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 Jai Balaji Group in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.0 Lakhs to ₹3.6 Lakhs per year
2 years	₹1.3 Lakhs to ₹3.6 Lakhs per year

and so on.

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Jai Balaji Group Management Trainee Salaries

Jai Balaji Group Management Trainee salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Jai Balaji Group latest salaries received from various employees of Jai Balaji Group.