Jai Balaji Group Durgapur Management Trainee Salaries by 7 Employees

0 - 2 years exp.

₹3.5 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% less than the average Management Trainee Salary in Iron & Steel Companies for 0 - 2 years of experience

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Last Updated: 16 Jan 2024

Companies similar to Jai Balaji Group for Management Trainee in Durgapur

Jai Balaji Group Management Trainee Salary

0 - 2 years exp. (7 salaries)

₹3.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
IGMI Lead Management Trainee Salary 4 - 12 years exp. (11 salaries)	₹2.7 L/yr - ₹3.5 L/yr 15% less
The Mission Hospital Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr 24% more
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Credera Management Trainee Salary 1 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹8.6 L/yr 105% more
Tata AIG Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹5 L/yr - ₹9.5 L/yr 164% more
Sonar Casting Management Trainee Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹4.2 L/yr 22% less

Management Trainee salary at Jai Balaji Group ranges between ₹3.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Jai Balaji Group.

Experience wise Jai Balaji Group Management Trainee salaries in Durgapur

Last Updated: 16 Jan 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹1.4 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in Jai Balaji Group

Deputy Manager Salary

(12 salaries)

₹6.5 L/yr - ₹10.8 L/yr

Accounts Officer Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Salary related reviews for Jai Balaji Group

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

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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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Jai Balaji Group Management Trainee Salary FAQs

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

The average salary of a Management Trainee at Jai Balaji Group in Durgapur typically ranges from ₹3.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in Durgapur at Jai Balaji Group earn more than ₹3.9 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 7 Jai Balaji Group employees in India.

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

The estimated take-home salary of a Management Trainee at Jai Balaji Group in Durgapur typically ranges from ₹25,659 to ₹27,088 per month. This is based on the average salary range of ₹3.5 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 7 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?

Tata AIG	₹5.0 Lakhs to ₹9.5 Lakhs per year
Credera	₹4.5 Lakhs to ₹8.6 Lakhs per year
The Mission Hospital	₹4.2 Lakhs to ₹5.0 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 Durgapur?

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

IGMI Lead	₹2.7 Lakhs to ₹3.5 Lakhs per year
Sonar Casting	₹2.0 Lakhs to ₹4.2 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 Durgapur?

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

Experience	Average Salary Range
Fresher	₹1.4 Lakhs to ₹4.0 Lakhs per year
1 year	₹3.2 Lakhs to ₹4.0 Lakhs per year
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Jai Balaji Group Management Trainee Salaries in Durgapur

Jai Balaji Group Management Trainee salary in Durgapur ranges between ₹3.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Jai Balaji Group latest salaries received from various employees of Jai Balaji Group.