Jayaswal Neco Industries Mechanical Engineer Salaries by 20+ Employees (Updated 2024)

1 - 7 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

32% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 1 - 7 years of experience

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Last Updated: 4 Oct 2024

Companies similar to Jayaswal Neco Industries for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (417 salaries)	₹1 L/yr - ₹8 L/yr 42% more
JSW Steel Mechanical Engineer Salary 1 - 13 years exp. (188 salaries)	₹1.7 L/yr - ₹10 L/yr 68% more
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Steel Authority Of India Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹9.8 L/yr 71% more
Vedanta Limited Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	₹3.6 L/yr - ₹11.2 L/yr 120% more
Hindalco Industries Mechanical Engineer Salary 1 - 8 years exp. (59 salaries)	₹1.2 L/yr - ₹8.5 L/yr 19% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 16 years exp. (92 salaries)	₹1.8 L/yr - ₹8.3 L/yr 67% more
Aditya Birla Group Mechanical Engineer Salary 0 - 11 years exp. (39 salaries)	₹1 L/yr - ₹8 L/yr 42% more
ArcelorMittal Nippon Steel Mechanical Engineer Salary 1 - 7 years exp. (125 salaries)	₹1.3 L/yr - ₹8 L/yr 51% more
Bhushan Power & Steel Mechanical Engineer Salary 2 - 12 years exp. (128 salaries)	₹2.5 L/yr - ₹7.5 L/yr 63% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (11 salaries)	₹1 L/yr - ₹6.5 L/yr 20% more
Jai Balaji Group Mechanical Engineer Salary 1 - 8 years exp. (49 salaries)	₹1.8 L/yr - ₹4.5 L/yr 13% more
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Jindal Stainless Mechanical Engineer Salary 2 - 12 years exp. (50 salaries)	₹3 L/yr - ₹8 L/yr 63% more
Electrotherm Mechanical Engineer Salary 1 - 8 years exp. (38 salaries)	₹1.8 L/yr - ₹4.8 L/yr 20% more
ESL Steel Mechanical Engineer Salary 3 - 14 years exp. (28 salaries)	₹3.6 L/yr - ₹7.2 L/yr 90% more
Bmm Ispat Mechanical Engineer Salary 0 - 9 years exp. (28 salaries)	₹2.5 L/yr - ₹4 L/yr 9% more
Jindal Saw Mechanical Engineer Salary 0 - 11 years exp. (32 salaries)	₹2 L/yr - ₹8.5 L/yr 33% more
Ratnamani Metals and Tubes Mechanical Engineer Salary 1 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹5.5 L/yr 6% more
Aarti Steels Mechanical Engineer Salary 0 - 7 years exp. (18 salaries)	₹2.4 L/yr - ₹7 L/yr 25% more
Sarda Energy & Minerals Mechanical Engineer Salary 1 - 20 years exp. (15 salaries)	₹1.8 L/yr - ₹6 L/yr 29% more
MSP Steel & Power Mechanical Engineer Salary 3 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹5.7 L/yr 44% more

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Mechanical Engineer salary at Jayaswal Neco Industries ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 25 latest salaries received from various employees of Jayaswal Neco Industries.

Experience wise Jayaswal Neco Industries Mechanical Engineer salaries

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.2 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr
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3 years (4 salaries)	₹2 L/yr - ₹4 L/yr
4 years (6 salaries)	₹2.2 L/yr - ₹4 L/yr
5 years (3 salaries)	₹2.9 L/yr - ₹5.6 L/yr
6 years (4 salaries)	₹2.5 L/yr - ₹5 L/yr
7 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr

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Similar Designation salaries in Jayaswal Neco Industries

Electrical Engineer Salary

(10 salaries)

₹2.25 L/yr - ₹3 L/yr

Senior Engineer Salary

(30 salaries)

₹3 L/yr - ₹8.11 L/yr

Shift Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹3.3 L/yr

Junior Engineer Salary

(24 salaries)

₹1.5 L/yr - ₹3.1 L/yr

Maintenance Engineer Salary

(8 salaries)

₹1.8 L/yr - ₹4 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Production Engineer Salary

(15 salaries)

₹1.2 L/yr - ₹5.5 L/yr

Senior Electrical Engineer Salary

(3 salaries)

₹3.4 L/yr - ₹5.4 L/yr

Technician Salary

(10 salaries)

₹1.2 L/yr - ₹4.4 L/yr

Mechanical Maintenance Engineer Salary

(8 salaries)

₹1.95 L/yr - ₹4.8 L/yr

Salary related reviews for Jayaswal Neco Industries

2.7

Rated by 6 employees for salary & benefits

Junior Engineer in Hingana Midc

Full Time

Quality Assurance Department

3.0

• posted on 11 May 2023

3.0

for Salary and Benefits

Likes

It will be the engineering production and manufacturing unit so the best opportunities for juniors to learn about production, processes, moulding structures.

Dislikes

Seniors behaviours because they work only for their monthly salary selfish mind persons I don't like that

Commercial Manager in Raipur

Full Time

Procurement & Supply Chain Department

4.0

• posted on 13 Jun 2024

3.0

for Salary and Benefits

Likes

THE SAYING RIGHTLY GOES "IT STARTS FROM THE TOP". FROM PROMOTERS TILL DOWN THE LINE EVEN WITHOUT BEING A CORPORATE THE CULTURE IS TOTALLY OF A CORPORATE.

Dislikes

MINIMAL SKILL BADSED TRG. TIMELY DISBURSEMENT OF SALARY.

Assistant Manager Internal Audit in Raipur

Full Time

Finance & Accounting Department

5.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

...ement employee benefits & park time to time, Increment & promotion time on time. If increment on October month but it has applicable from April as an arrears and pay to the employee.

Dislikes

Yearly increment has too late for applicable.

Associate Manager in Raipur

Full Time

Maintenance Department

5.0

• posted on 16 Sep 2022

5.0

for Salary and Benefits

Likes

Not pressure of work , good culture people are also friendly my senior is good, if you stay for work c off will generate , snacks also availble, good place to learn and even stay for long time, bus is free ,bonos is extended to your ctc, one time ctc will get at increment time that was ausome.

Dislikes

Salary not credited in time .

Associate Manager in Raipur

Full Time

Steel Melting Shop Department

4.0

• posted on 21 Sep 2021

1.0

for Salary and Benefits

Likes

Work culture is same in every steel plant, plant is good if you have experience , salary is totally half for the freshers, as compared to other plant & nd neither any accommodations provide by company, growth is slow. , Thank you

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Jayaswal Neco Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Jayaswal Neco Industries?

Mechanical Engineer salary at Jayaswal Neco Industries in India ranges between ₹2.1 Lakhs to ₹5.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 32% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Jayaswal Neco Industries India.

How does the salary of a Mechanical Engineer at Jayaswal Neco Industries India compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Jayaswal Neco Industries is 32% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Jayaswal Neco Industries to a Mechanical Engineer in India?

Vedanta Limited Mechanical Engineer Salary - ₹3.6 Lakhs to ₹11.2 Lakhs per year
Tata Metaliks Mechanical Engineer Salary - ₹5.3 Lakhs to ₹7.5 Lakhs per year
Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ESL Steel Mechanical Engineer Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year
Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year

What is the salary of a Mechanical Engineer in companies similar to Jayaswal Neco Industries in India?

JSW Steel Mechanical Engineer Salary - ₹1.7 Lakhs to ₹10.0 Lakhs per year
Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.3 Lakhs per year
Jindal Stainless Mechanical Engineer Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
Bhushan Power & Steel Mechanical Engineer Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year
Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Mechanical Engineer at Jayaswal Neco Industries in India?

The estimated take-home salary of a Mechanical Engineer at Jayaswal Neco Industries ranges between ₹21,998 per month to ₹23,481 per month in India. The take-home salary calculation is based on the average Jayaswal Neco Industries Mechanical Engineer salary in India which ranges between ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Jayaswal Neco Industries?

According to AmbitionBox, 70% of the Jayaswal Neco Industries Mechanical Engineers reported a notice period of 1 Month, 30% reported a notice period of 15 days or less.This is based on 10 responses on AmbitionBox in last 2 years.

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Jayaswal Neco Industries Mechanical Engineer Salaries

Jayaswal Neco Industries Mechanical Engineer salary in India ranges between ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Jayaswal Neco Industries latest salaries received from various employees of Jayaswal Neco Industries.