Madras Engineering Industries Management Trainee Salaries by 9 Employees

0 - 3 years exp.

₹1.5 Lakh - ₹3.3 Lakhs

Salary of majority employees

66% less than the average Management Trainee Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Management Trainee Salary 1 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹3.3 L/yr
Human Resources Management Trainee Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
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Project & Program Management Management Trainee Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.7 L/yr
Research & Development Management Trainee Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr

Last Updated: 27 Jan 2024

Companies similar to Madras Engineering Industries for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Rheinmetall Automotive Management Trainee Salary 0 - 4 years exp. (8 salaries)	₹3.6 L/yr - ₹12 L/yr 216% more
Ceat Specialty Tyres Management Trainee Salary 0 - 4 years exp. (6 salaries)	₹2 L/yr - ₹5.1 L/yr 49% more
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Sun Mobility Management Trainee Salary 0 - 3 years exp. (6 salaries)	₹4.1 L/yr - ₹5 L/yr 80% more
Caparo Engineering India Management Trainee Salary 2 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹1.9 L/yr 42% less
Inteva Products Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹4.8 L/yr - ₹6 L/yr 117% more
Krypton Industries Management Trainee Salary 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr 17% less
Maxxis Rubber Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹2.6 L/yr - ₹3.2 L/yr 13% more
PSA AVTEC Powertrain Management Trainee Salary 0 - 6 years exp. (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr 37% less

Management Trainee salary at Madras Engineering Industries ranges between ₹1.5 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Madras Engineering Industries.

Experience wise Madras Engineering Industries Management Trainee salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
1 year (3 salaries)	₹2 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.3 L/yr
3 years (3 salaries)	₹2.1 L/yr - ₹3 L/yr

Similar Designation salaries in Madras Engineering Industries

Accountant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(7 salaries)

₹8.14 L/yr - ₹15.75 L/yr

Process Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Account Assistant Salary

(6 salaries)

₹2.4 L/yr - ₹3 L/yr

Salary related reviews for Madras Engineering Industries

4.0

Rated by 1 employees for salary & benefits

CNC Machine Operator in Chennai

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

...to what's app group . target related work. Food veg , night shift food is waste. Salary is 10k or 12k , 1time food free, hr is totally waste. They well lately give my salary. I will cry at company because work pressure overload . Pls go to another company

Dislikes

Waste of time

Salary - Bad

+6 more

Assistant General Manager Sales & Marketing in Chennai

Sales & Business Development Department

5.0

• posted on 14 Dec 2021

5.0

for Salary and Benefits

Likes

...ellent company policies, Top management focus at all levels, Good place to grow. Decent salary and perks.

Salary - Excellent

+5 more

Dislikes

Everything is good except working with Head - Marketing is a tough job and so many people in the field & back office left the job due to his behaviour.

Job security - Poor

Graduate Engineer Trainee (Get) in Chennai

Research & Development Department

4.0

• posted on 26 Jun 2018

5.0

for Salary and Benefits

Likes

... a 10 years, i had very good opportunity to take their knowledge and experience.Salary is mush more than the other TVS companies.

Salary - Excellent

+5 more

Dislikes

Career growth is slow.

Quality Analyst in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Nov 2024

2.0

for Salary and Benefits

Likes

Good friends and Environment: Some say the environment is good and excellent Some say the culture and values are good That company

Skill development - Good

+4 more

Dislikes

have complained about low salaries, no bonuses, and no increments and giving heavy work

Salary - Poor

Senior Sales Officer in Udaipur

Full Time

Sales & Business Development Department

1.0

• posted on 31 Aug 2024

2.0

for Salary and Benefits

Likes

Nothing is good here

Dislikes

Company is started making fool to people from sending health check up letter instead of offer letter. They don't provide you ctc in written president level person lie and show false data if you will not obey him. Harrasing the employees. Zonal head is make every day conference in every 3hours till midnight 11 behave like slave and management will hide his bad behavior by giving you false data.

Salary - Poor

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Madras Engineering Industries Management Trainee Salary FAQs

What is the salary of Management Trainee at Madras Engineering Industries ?

The average salary of a Management Trainee at Madras Engineering Industries in India typically ranges from ₹1.5 Lakhs to ₹3.3 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Trainee at Madras Engineering Industries earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Management Trainee Salaries at Madras Engineering Industries 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 9 Madras Engineering Industries employees in India.

What is the estimated take home salary of a Management Trainee at Madras Engineering Industries in India?

The estimated take-home salary of a Management Trainee at Madras Engineering Industries in India typically ranges from ₹17,318 to ₹19,021 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from Fresher 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 9 salaries received from various employees of Madras Engineering Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Madras Engineering Industries for Management Trainee in India?

Rheinmetall Automotive	₹3.6 Lakhs to ₹12.0 Lakhs per year
Inteva Products	₹4.8 Lakhs to ₹6.0 Lakhs per year
Sun Mobility	₹4.1 Lakhs to ₹5.0 Lakhs per year
Ceat Specialty Tyres	₹2.0 Lakhs to ₹5.1 Lakhs per year
Maxxis Rubber	₹2.6 Lakhs to ₹3.2 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Madras Engineering Industries in India?

The salary of a Management Trainee at companies similar to Madras Engineering Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Krypton Industries	₹1.8 Lakhs to ₹2.4 Lakhs per year
PSA AVTEC Powertrain	₹1.4 Lakhs to ₹1.8 Lakhs per year
Caparo Engineering India	₹1.2 Lakhs to ₹1.9 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 Madras Engineering Industries in India?

The salary growth for a Management Trainee at Madras Engineering Industries depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Madras Engineering Industries:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹4.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.5 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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Madras Engineering Industries Management Trainee Salaries

Madras Engineering Industries Management Trainee salary in India ranges between ₹1.5 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Madras Engineering Industries latest salaries received from various employees of Madras Engineering Industries.