Maithan Alloys Mechanical Engineer Salaries by 5 Employees

2 - 5 years exp.

₹2.2 Lakhs - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Maithan Alloys for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (361 salaries)	₹1.2 L/yr - ₹9.1 L/yr 59% more
JSW Steel Mechanical Engineer Salary 0 - 14 years exp. (193 salaries)	₹1.7 L/yr - ₹9.9 L/yr 89% more
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Jindal Stainless Mechanical Engineer Salary 2 - 12 years exp. (47 salaries)	₹2.5 L/yr - ₹8 L/yr 79% more
Jai Balaji Group Mechanical Engineer Salary 2 - 8 years exp. (43 salaries)	₹1.8 L/yr - ₹6.1 L/yr 30% more
Electrotherm Mechanical Engineer Salary 1 - 8 years exp. (39 salaries)	₹1.8 L/yr - ₹4.8 L/yr 33% more
Jindal Saw Mechanical Engineer Salary 0 - 12 years exp. (35 salaries)	₹2 L/yr - ₹8.5 L/yr 39% more
Bmm Ispat Mechanical Engineer Salary 1 - 8 years exp. (30 salaries)	₹2.5 L/yr - ₹4.1 L/yr 22% more
ESL Steel Mechanical Engineer Salary 4 - 14 years exp. (25 salaries)	₹3.6 L/yr - ₹9 L/yr 133% more
Jayaswal Neco Industries Mechanical Engineer Salary 1 - 7 years exp. (24 salaries)	₹2.1 L/yr - ₹5 L/yr 12% more
Aarti Steels Mechanical Engineer Salary 0 - 9 years exp. (19 salaries)	₹2.4 L/yr - ₹7 L/yr 32% more
Ratnamani Metals and Tubes Mechanical Engineer Salary 1 - 8 years exp. (18 salaries)	₹2.4 L/yr - ₹4.6 L/yr 22% more
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MSP Steel & Power Mechanical Engineer Salary 3 - 8 years exp. (14 salaries)	₹2.5 L/yr - ₹5.7 L/yr 55% more
Sarda Energy & Minerals Mechanical Engineer Salary 1 - 20 years exp. (14 salaries)	₹1.8 L/yr - ₹6 L/yr 34% more
Usha Martin Mechanical Engineer Salary 2 - 10 years exp. (14 salaries)	₹2 L/yr - ₹6 L/yr 47% more
Kirloskar Ferrous Industries Mechanical Engineer Salary 0 - 9 years exp. (12 salaries)	₹1.8 L/yr - ₹6.3 L/yr 72% more
Vizag Steel Mechanical Engineer Salary 0 - 7 years exp. (12 salaries)	₹1 L/yr - ₹6.5 L/yr 26% more
Beekay Steel Industries Mechanical Engineer Salary 2 - 10 years exp. (11 salaries)	₹1.8 L/yr - ₹5.6 L/yr 13% more
ISMT Mechanical Engineer Salary 1 - 32 years exp. (11 salaries)	₹1.9 L/yr - ₹8 L/yr 48% more
MM Forgings Mechanical Engineer Salary 4 - 13 years exp. (9 salaries)	₹2 L/yr - ₹4.8 L/yr 13% more
Godawari Power & Ispat Mechanical Engineer Salary 3 - 9 years exp. (8 salaries)	₹3 L/yr - ₹4.8 L/yr 31% more

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Mechanical Engineer salary at Maithan Alloys ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Maithan Alloys.

Experience wise Maithan Alloys Mechanical Engineer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.4 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Maithan Alloys

Electrical Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹5.5 L/yr

Senior Engineer Salary

(5 salaries)

₹3.5 L/yr - ₹5.4 L/yr

Service Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Junior Engineer Salary

(5 salaries)

₹1.2 L/yr - ₹2.75 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Assistant Engineer Salary

(4 salaries)

₹1.8 L/yr - ₹2.15 L/yr

Senior Electrical Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹4.4 L/yr

Technician Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Mechanical Maintenance Engineer Salary

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₹2.85 L/yr - ₹4 L/yr

Salary related reviews for Maithan Alloys

Security Officer in Visakhapatnam

Production, Manufacturing & Engineering Department

1.0

• posted on 23 Apr 2022

1.0

for Salary and Benefits

Likes

... and S.O gone and Sriram was there to handle. But no appreciation. So, I am resigning and going to join with 33000/- salary. I am very thankful to management to give family accommodation. I am praying every success of this company. I know company is very good but LOCAL MANAGEMENT ATCHUTAPURAM UNIT NOT GOOD. maithan alloys company is good Find out what your Local management (ATCHUTAPURAM Unit) is doing. Gutka, pan parak, take good care of the givers. Those who work do not look good. That being said there are a lot. Please take good care of the people who work your company. Thank you, yours sriram

Dislikes

Local management not good

Salary - Bad

+6 more

Accountant in Asansol-Kalyaneshwari

Finance & Accounting Department

2.0

• posted on 09 Mar 2021

4.0

for Salary and Benefits

Likes

Accommodation facility are good but mess facility is too poor and bad.

Salary - Good

Dislikes

There is a lot of politics in office which kill working environment. No salary hike and career growth. Teammates are not supportive rather they do buttering.

Skill development - Poor

+5 more

Warehouse & Logistics Executive in Visakhapatnam

Full Time

Procurement & Supply Chain Department

1.0

• posted on 10 May 2024

1.0

for Salary and Benefits

Likes

Only payment in time

Dislikes

It's horrible experience. R. Satyanarayana who joined here as trainee is dominate to all juniors with very bad behaviour. No job security here, life complete disturb Most terrifying marwari management No Welfare No leaves Nothing good

Salary - Bad

+6 more

Assistant Manager HRD in Kolkata

Administration & Facilities Department

5.0

• posted on 02 Apr 2021

4.0

for Salary and Benefits

Likes

The work culture is good. The company is based on strong business ethics and policies. The Management is very strong minded and has strong will power. Very supportive towards the workers and the employees.

Salary - Good

+6 more

Dislikes

Maybe would be more process driven in future

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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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Maithan Alloys Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Maithan Alloys ?

The average salary of a Mechanical Engineer at Maithan Alloys in India typically ranges from ₹2.2 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Mechanical Engineer at Maithan Alloys earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Mechanical Engineer Salaries at Maithan Alloys 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 5 Maithan Alloys employees in India.

What is the estimated take home salary of a Mechanical Engineer at Maithan Alloys in India?

The estimated take-home salary of a Mechanical Engineer at Maithan Alloys in India typically ranges from ₹20,265 to ₹21,924 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 5 salaries received from various employees of Maithan Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Maithan Alloys for Mechanical Engineer in India?

ESL Steel	₹3.6 Lakhs to ₹9.0 Lakhs per year
JSW Steel	₹1.7 Lakhs to ₹9.9 Lakhs per year
Steel Authority Of India	₹2.1 Lakhs to ₹9.8 Lakhs per year
Indian Metals & Ferro Alloys	₹3.0 Lakhs to ₹9.0 Lakhs per year
Jindal Stainless	₹2.5 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Maithan Alloys in India?

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

Kirloskar Ferrous Industries	₹1.8 Lakhs to ₹6.3 Lakhs per year
Vardhman Special Steels	₹3.0 Lakhs to ₹6.8 Lakhs per year
Tata Steel	₹1.2 Lakhs to ₹9.1 Lakhs per year
MSP Steel & Power	₹2.5 Lakhs to ₹5.7 Lakhs per year
ISMT	₹1.9 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 Maithan Alloys in India?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹4.4 Lakhs per year
3 years	₹2.4 Lakhs to ₹4.7 Lakhs per year
4 years	₹2.2 Lakhs to ₹5.0 Lakhs per year
5 years	₹1.2 Lakhs to ₹3.2 Lakhs per year

and so on.

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Maithan Alloys Mechanical Engineer Salaries

Maithan Alloys Mechanical Engineer salary in India ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Maithan Alloys latest salaries received from various employees of Maithan Alloys.