Mangal Sponge & Steel Bilha Salaries by 2 Employees

Designation	Avg Annual Salary	Open Jobs
Accounts Manager 20 years exp. · Bilha (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
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1st class Boiler Attendant 12 years exp. · Bilha (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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How much does Mangal Sponge & Steel pay to its employees?

The average annual salary at Mangal Sponge & Steel varies depending on the role, experience, and location. The salary ranges for some popular designations at Mangal Sponge & Steel , are as follows:

Accounts Manager	₹7 Lakhs to ₹9 Lakhs per year
1st class Boiler Attendant	₹3.5 Lakhs to ₹4.4 Lakhs per year

The highest-paying role, Shift Incharge, earns between ₹3.7 Lakhs to ₹4.2 Lakhs per year. The top 10% of employees earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹12 Lakhs per year. Salaries at Mangal Sponge & 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 salary estimates are based on data from 2 salaries submitted by Mangal Sponge & Steel employees. Mangal Sponge & Steel is rated 4.6 out of 5 stars by its employees on the salary and benefits parameter.