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L&T–MHI Power Boilers Store Officer salaries in India

Annual salary range
11 - 15 years exp.
₹5.8 Lakhs - ₹7.4 Lakhs
Salary of majority employees
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53% more than the average Store Officer Salary in Industrial Machinery Companies for 11 - 15 years of experience

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Salaries in different departments

Procurement & Supply Chain
Store Officer Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.5 L/yr

Production, Manufacturing & Engineering
Store Officer Salary
15 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.1 L/yr

Last Updated: 2 Nov 2024

Companies similar to L&T–MHI Power Boilers for Store Officer

Company name Avg Annual Salary Open Jobs
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Phoenix Mecano Store Officer Salary

3 - 9 years exp. (4 salaries)

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₹2.7 L/yr - ₹4.6 L/yr

arrow icon 42% less
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KK Spun Pipes Store Officer Salary

1 - 12 years exp. (4 salaries)

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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 41% less
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Veer-O-- Metals Store Officer Salary

7 - 9 years exp. (3 salaries)

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₹4.2 L/yr - ₹6 L/yr

arrow icon 20% less
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₹3 L/yr - ₹6 L/yr

arrow icon 26% less
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Tata Projects Store Officer Salary

6 - 16 years exp. (149 salaries)

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₹3.5 L/yr - ₹9 L/yr

arrow icon 3% less
Store Officer salary at L&T–MHI Power Boilers ranges between ₹5.8 Lakhs to ₹7.4 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of L&T–MHI Power Boilers.

Latest annual salaries shared by L&T–MHI Power Boilers Store Officer

2mo ago
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15 years exp.
9mo ago
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14 years exp.
1y ago
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13 years exp.
1y ago
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11 years exp.

Experience wise L&T–MHI Power Boilers Store Officer salaries

Last Updated: 2 Nov 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹5.8 L/yr
12 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.7 L/yr
13 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹11.1 L/yr
14 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹11.7 L/yr
15+ years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7.4 L/yr

Similar Designation salaries in L&T–MHI Power Boilers

Store Manager Salary
(AmbitionBox Estimate)
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₹22.3 L/yr - ₹28.5 L/yr
Store Keeper Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Officer Salary
(4 salaries)
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₹8.7 L/yr - ₹10.2 L/yr
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₹3.05 L/yr - ₹6.1 L/yr
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₹4 L/yr - ₹7.45 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Supervisor Salary
(5 salaries)
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₹1.8 L/yr - ₹5.8 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Shift Incharge Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
Data Entry Operator Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Salary related reviews for L&T–MHI Power Boilers

Full Time

 · 

Research & Development Department

3.0
  •  posted on 30 May 2022

3.0
 for  Salary and Benefits

Likes

It is part of L&T group. Job security is somewhat better than other companies.

  • Job security - Good

Dislikes

Salary is average. Appraisal is not fair. Work is not fairly distributed among teams. Some teams have very high load while for some no work. The department have more work are given less manpower and department where less work is there, people are sitting idle there.

read more
  • Work-life balance - Poor

Quality Assurance Department

1.0
  •  posted on 01 Nov 2020

1.0
 for  Salary and Benefits

Likes

Nothing, pressure to work from home. All extra benefits deducted from salary and work in mobile. Very bad culture. There is no future. Overall third class Management and rules

read more

Dislikes

Not timely given promotion and other benefits. Not salary revision from last 10 years. Only show case they good company in country.

read more
  • Salary - Bad
  • +5 more

Welding Department

5.0
  •  posted on 26 May 2022

5.0
 for  Salary and Benefits

Likes

L&t mhi is very good company,sequirity very tight,work culture indian devorional,company safety first number in india

  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics nd the management dosent address our issues,salary is good,nd career growth is high

read more

Production Department

1.0
  •  posted on 05 Oct 2019

1.0
 for  Salary and Benefits

Likes

Management have no reason for cost cutting, No Career, No bright future, You may lost your job without any reason.

read more

Dislikes

permanent but you might be lost your job any time without any reason or in cost cutting, management is very strict

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 15 Aug 2024

1.0
 for  Salary and Benefits

Likes

Work life balance. Safety culture.

Dislikes

1. **Unpredictable HR Policy**: The HR policies are inconsistent and difficult to anticipate. 2. **Unfair Appraisal System**: The system used to evaluate employee performance is perceived as unfair. 3. **Anti-Employee Benefits Culture**: The HR culture appears to be discouraging towards employee benefits. 4. **Inconsistent Appraisal Rules within the Same Cadre**: Despite being in the same role and with similar experience, employees are subject to different appraisal rules. 5. **PLR Discrepancies**: Even with the same experience and rating, one employee may receive a significantly lower PLR (Performance Linked Reward) than another, with discrepancies ranging from ₹20,000 to ₹90,000. 6. **Different Allowances for Same Work: Employees within the same department, performing the same work, are receiving different allowances.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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L&T–MHI Power Boilers Store Officer Salary FAQs

What is the salary of Store Officer at L&T–MHI Power Boilers ?
The average salary of a Store Officer at L&T–MHI Power Boilers in India typically ranges from ₹5.8 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 11 years to 15 years).

The top 10% of Store Officer at L&T–MHI Power Boilers earn more than ₹7.4 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Store Officer Salaries at L&T–MHI Power Boilers 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 L&T–MHI Power Boilers employees in India.
What is the estimated take home salary of a Store Officer at L&T–MHI Power Boilers in India?
The estimated take-home salary of a Store Officer at L&T–MHI Power Boilers in India typically ranges from ₹47,405 to ₹48,528 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 11 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 L&T–MHI Power Boilers. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Store Officer in companies similar to L&T–MHI Power Boilers in India?
The salary of a Store Officer at companies similar to L&T–MHI Power Boilers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Projects ₹3.5 Lakhs to ₹9.0 Lakhs per year
Veer-O-- Metals ₹4.2 Lakhs to ₹6.0 Lakhs per year
Nagarjuna Construction Company ₹3.0 Lakhs to ₹6.0 Lakhs per year
KK Spun Pipes ₹2.2 Lakhs to ₹5.4 Lakhs per year
Phoenix Mecano ₹2.7 Lakhs to ₹4.6 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 Store Officer at L&T–MHI Power Boilers in India?
The salary growth for a Store Officer at L&T–MHI Power Boilers depends on factors such as experience, performance, and promotions. On average, a Store Officer can expect the following growth trajectory at L&T–MHI Power Boilers:

Experience Average Salary Range
11 years ₹5.8 Lakhs to ₹5.8 Lakhs per year
12 years ₹5.3 Lakhs to ₹6.7 Lakhs per year
13 years ₹5.9 Lakhs to ₹11.1 Lakhs per year
14 years ₹5.9 Lakhs to ₹11.7 Lakhs per year
and so on.

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L&T–MHI Power Boilers Store Officer salary in India ranges between ₹5.8 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 L&T–MHI Power Boilers latest salaries received from various employees of L&T–MHI Power Boilers.