JSW Steel Mumbai Manager M1 Salaries by 4 Employees (Updated 2025)

12 - 15 years exp.

₹13.5 Lakhs - ₹18 Lakhs

Salary of majority employees

50% more than the average Manager M1 Salary in Iron & Steel Companies for 12 - 15 years of experience

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Last Updated: 25 Feb 2025

Companies similar to JSW Steel for Manager M1 in Mumbai

JSW Steel Manager M1 Salary

12 - 15 years exp. (4 salaries)

₹13.5 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 17 years exp. (508 salaries)	₹4.5 L/yr - ₹15 L/yr 36% less
ICICI Securities Manager M1 Salary 4 - 10 years exp. (27 salaries)	₹4.3 L/yr - ₹9 L/yr 61% less
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Capgemini Manager M1 Salary 10 - 17 years exp. (26 salaries)	₹9.4 L/yr - ₹24 L/yr 10% less
ICICI Prudential Life Insurance Manager M1 Salary 1 - 11 years exp. (25 salaries)	₹6 L/yr - ₹9.5 L/yr 54% less
HDFC Bank Manager M1 Salary 5 - 13 years exp. (22 salaries)	₹6 L/yr - ₹10.5 L/yr 51% less

Manager M1 salary at JSW Steel ranges between ₹13.5 Lakhs to ₹18 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of JSW Steel.

Experience wise JSW Steel Manager M1 salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.5 L/yr
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14 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
15+ years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in JSW Steel

Deputy Manager Salary

(444 salaries)

₹6.5 L/yr - ₹19 L/yr

Project Manager Salary

(15 salaries)

₹10.05 L/yr - ₹26 L/yr

Operations Manager Salary

(11 salaries)

₹10 L/yr - ₹21 L/yr

Salary related reviews for JSW Steel

Deputy Manager in Barbil

Full Time

Administration & Facilities Department

3.0

• posted on 15 Sep 2024

3.0

for Salary and Benefits

Likes

Salary on time

Dislikes

Standard accomodation facilities for employees not available being a remote location. Empowerment is less to employees. Senior Management Team is very poor. Management is bious in each and every aspect. Nobody cares about lateral hires all focous is to please GETs.

Skill development - Bad

+3 more

Deputy Manager in Ballari

Full Time

Procurement & Supply Chain Department

5.0

• posted on 21 Oct 2023

4.0

for Salary and Benefits

Likes

Best work environment for learning.

Salary - Good

+6 more

Dislikes

No standard salary structure. No importance of experience in appresel. Just balancing the rating. Once you got outstanding, next you will get very good rating whatever performance you do.

Deputy Manager in Salem

Full Time

Electrical Department

3.0

• posted on 16 Aug 2022

2.0

for Salary and Benefits

Likes

Salary will be credited on the last day of the previous month, Nothing else Lot of knowledge about process and technical can be learnt. Freedom to work on machines

Skill development - Good

+1 more

Dislikes

Very biased HR policies No recognition for technical jobs Poor salary package Poor in hikes and promotion Lot of Manager/ Boss dependent factors Politics done by local people who joined by recommendation/other illegal sources

Salary - Poor

+2 more

Deputy Manager in TORANGULLU

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 28 Aug 2024

3.0

for Salary and Benefits

Likes

Good atmosphere and working culture

Skill development - Excellent

+4 more

Dislikes

Administrative policy about residential allotment. They have their own decision. And HR policy about salary deduction. They have added production incentive in CTC and they have right to deduct if accident happens in the campus. and deduction collected from employees not uses to componsiate any employee whose affected in accident.

Deputy Manager in Vijainagar

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

In the initial days after project completion we get project completion bonus

Skill development - Good

Dislikes

Restricted manpower, parents health insurance we need to pay extra, incentive cutting for any fatal within the plant, too much transport charges even for traveling from the township

Job security - Bad

+2 more

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What people are saying about JSW Steel

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Hello there!! I'm trying to switch from production to process (1.9 yrs of experience) my ctc 8.5 lpa..how much I can ask for .doing a course

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JSW Steel Manager M1 Salary FAQs

What is the salary of Manager M1 at JSW Steel in Mumbai?

The average salary of a Manager M1 at JSW Steel in Mumbai typically ranges from ₹13.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 12 years to 15 years).

The top 10% of Manager M1 in Mumbai at JSW Steel earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Manager M1 Salaries at JSW Steel 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 4 JSW Steel employees in India.

What is the estimated take home salary of a Manager M1 at JSW Steel in Mumbai?

The estimated take-home salary of a Manager M1 at JSW Steel in Mumbai typically ranges from ₹1,13,044 to ₹1,16,186 per month. This is based on the average salary range of ₹13.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 12 years to 15 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 4 salaries received from various employees of JSW Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Manager M1 in companies similar to JSW Steel in Mumbai?

The salary of a Manager M1 at companies similar to JSW Steel in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capgemini	₹9.4 Lakhs to ₹24.0 Lakhs per year
ICICI Bank	₹4.5 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹6.0 Lakhs to ₹10.5 Lakhs per year
ICICI Prudential Life Insurance	₹6.0 Lakhs to ₹9.5 Lakhs per year
ICICI Securities	₹4.3 Lakhs to ₹9.0 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 Manager M1 at JSW Steel in Mumbai?

The salary growth for a Manager M1 at JSW Steel in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager M1 in Mumbai can expect the following growth trajectory at JSW Steel:

Experience	Average Salary Range
12 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
13 years	₹12.2 Lakhs to ₹15.5 Lakhs per year
14 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
15 years	₹16.2 Lakhs to ₹20.7 Lakhs per year

and so on.

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JSW Steel Manager M1 salary in Mumbai ranges between ₹13.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JSW Steel latest salaries received from various employees of JSW Steel.