Laxcon Steels Mechanical Engineer Salaries by 6 Employees

1 - 3 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Salary of majority employees

44% less than the average Mechanical Engineer Salary in Metals & Mining Companies for 1 - 3 years of experience

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Last Updated: 21 Apr 2023

Companies similar to Laxcon Steels for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (360 salaries)	₹1.4 L/yr - ₹9.1 L/yr 72% more
JSW Steel Mechanical Engineer Salary 0 - 12 years exp. (182 salaries)	₹1.7 L/yr - ₹8.4 L/yr 83% more
Login to view exact salary
Steel Authority Of India Mechanical Engineer Salary 0 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹9.8 L/yr 97% more
ArcelorMittal Nippon Steel Mechanical Engineer Salary 0 - 7 years exp. (113 salaries)	₹1.5 L/yr - ₹8 L/yr 66% more
Jindal Steel and Power Mechanical Engineer Salary 1 - 12 years exp. (91 salaries)	₹1.8 L/yr - ₹7 L/yr 70% more	1 job opening
ArcelorMittal Mechanical Engineer Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹6 L/yr 37% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	₹1 L/yr - ₹6.5 L/yr 37% more
Mukand Limited Mechanical Engineer Salary 1 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 7% less
Hindustan Zinc Mechanical Engineer Salary 1 - 7 years exp. (75 salaries)	₹2.5 L/yr - ₹12 L/yr 178% more
Rungta Mines Mechanical Engineer Salary 0 - 10 years exp. (39 salaries)	₹2.2 L/yr - ₹8 L/yr 62% more
Prakash Industries Mechanical Engineer Salary 3 - 18 years exp. (30 salaries)	₹3 L/yr - ₹5.5 L/yr 75% more
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Ashapura Group Of Industries Mechanical Engineer Salary 2 - 11 years exp. (29 salaries)	₹2 L/yr - ₹4.2 L/yr 35% more
Vedanta Resources Mechanical Engineer Salary 0 - 9 years exp. (22 salaries)	₹3.5 L/yr - ₹11 L/yr 157% more
Jindal Aluminium Mechanical Engineer Salary 1 - 8 years exp. (15 salaries)	₹2.2 L/yr - ₹7 L/yr 96% more
Adhunik Metaliks Mechanical Engineer Salary 2 - 11 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 23% more
Sarda Metals & Alloys Mechanical Engineer Salary 1 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 22% more
Carborundum Universal Limited Mechanical Engineer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹5.2 L/yr 8% more
Toyota Tsusho Mechanical Engineer Salary 1 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹6 L/yr 33% more
CMR Green Technologies Mechanical Engineer Salary 0 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹6 L/yr 29% more
Neo Metaliks Mechanical Engineer Salary 2 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.5 L/yr 26% more

View all

Mechanical Engineer salary at Laxcon Steels ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Laxcon Steels.

Experience wise Laxcon Steels Mechanical Engineer salaries

Last Updated: 21 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.7 L/yr
2 years (3 salaries)	₹2.4 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Laxcon Steels

Electrical Engineer Salary

(4 salaries)

₹2.15 L/yr - ₹3 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹21.6 L/yr - ₹27.6 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Maintenance Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹3.6 L/yr

Production Engineer Salary

(7 salaries)

₹1.8 L/yr - ₹4.2 L/yr

Mechanical Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Shift Incharge Salary

(4 salaries)

₹2.05 L/yr - ₹5.3 L/yr

Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Laxcon Steels

1.6

Rated by 2 employees for salary & benefits

Production & Quality Engineer in Ahmedabad

Full Time

Production & Quality Department

1.0

• posted on 27 Aug 2021

1.0

for Salary and Benefits

Likes

... one mistake and you are done. WORK POLITICS is engulfed in all the departments. Salary hike is only for the HEAD of Department (Salary raise: sky is the limit) and sub-ordinates work goes unnoticed (Salary raise: annually less thatn 8%). This is because management believe that target are accomplished by the managers only. Very Poor admin facilities like unhygienic cantene, unhealthy and filthy urinals, poor housekeeping of offices. ONLY GOOD part of the company is that Salary is given to employees on time. Company has made its reputation within big players of Steel industies in a very short span of time and is still growing in a rapid pace with a strong clientele.

Dislikes

There is no on-job training for freshers, hence senior folks have to guide them step-by-step. Job pressure for contractor workers is high. Sometimes, operators have to work 14-18 hours straight in a day.

Salary - Bad

+5 more

Executive Manager in Ahmedabad

Production & Quality Department

2.0

• posted on 08 Apr 2021

1.0

for Salary and Benefits

Likes

Not actually anything Good about company to share with proud. Only it has large number of customer, and diversified portfolio to sustain in competition.

Dislikes

...udit. Employees will not get any benefit and any written documents from company. Not even joining latters and salary slip. Management force there employees to work upto midnight or double shift with overtime wages.

Salary - Bad

+6 more

Deputy General Manager & HOD (MM Division) in Ahmedabad

Finance & Accounting Department

5.0

• posted on 05 Jun 2020

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. High Quality production has global client base. Work on safety Zero tolerance.

Salary - Good

+4 more

Dislikes

Compensation is decent, but growth is slow ,The work pressure high with out any motivation.

Accounts & Finance Executive in Ahmedabad

Full Time

Finance & Accounting Department

1.0

• posted on 25 Oct 2024

1.0

for Salary and Benefits

Likes

Job timing.

Dislikes

No job security no future no any employee benefits like PF / Gratuity / Health insurance nothing HR Mukesh Joshi is fraud at the time of enjoyment he will say you're on company's payroll then silently he will move you on third party payroll, this is the only reason i left this organisation on the spot. Very pathetic company ans work environment.

Salary - Bad

+6 more

Quality Engineer in New Delhi

Quality Assurance Department

1.0

• posted on 16 Jun 2022

1.0

for Salary and Benefits

Likes

Nothing good to say about this company.

Dislikes

No skill development, no HR policies, no work life balance, no job security, no corporate culture, no carrier growth, nonwork satisfaction. Overall a terrible company to work.

Salary - Bad

+6 more

see more salary related reviews

Top trending discussions

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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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Laxcon Steels Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Laxcon Steels ?

The average salary of a Mechanical Engineer at Laxcon Steels in India typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Mechanical Engineer at Laxcon Steels earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Mechanical Engineer Salaries at Laxcon Steels 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 6 Laxcon Steels employees in India.

What is the estimated take home salary of a Mechanical Engineer at Laxcon Steels in India?

The estimated take-home salary of a Mechanical Engineer at Laxcon Steels in India typically ranges from ₹18,431 to ₹20,118 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 3 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 6 salaries received from various employees of Laxcon Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Laxcon Steels for Mechanical Engineer in India?

Hindustan Zinc	₹2.5 Lakhs to ₹12.0 Lakhs per year
Vedanta Resources	₹3.5 Lakhs to ₹11.0 Lakhs per year
Steel Authority Of India	₹2.1 Lakhs to ₹9.8 Lakhs per year
Jindal Aluminium	₹2.2 Lakhs to ₹7.0 Lakhs per year
JSW Steel	₹1.7 Lakhs to ₹8.4 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Laxcon Steels in India?

The salary of a Mechanical Engineer at companies similar to Laxcon Steels in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Prakash Industries	₹3.0 Lakhs to ₹5.5 Lakhs per year
Tata Steel	₹1.4 Lakhs to ₹9.1 Lakhs per year
Jindal Steel and Power	₹1.8 Lakhs to ₹7.0 Lakhs per year
ArcelorMittal Nippon Steel	₹1.5 Lakhs to ₹8.0 Lakhs per year
Rungta Mines	₹2.2 Lakhs to ₹8.0 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 Mechanical Engineer at Laxcon Steels in India?

The salary growth for a Mechanical Engineer at Laxcon Steels depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer can expect the following growth trajectory at Laxcon Steels:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.7 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.2 Lakhs per year

and so on.

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Laxcon Steels Mechanical Engineer Salaries

Laxcon Steels Mechanical Engineer salary in India ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Laxcon Steels latest salaries received from various employees of Laxcon Steels.