Mangal Sponge & Steel Electrical Engineer Salaries by 4 Employees

1 - 5 years exp.

₹1.2 Lakh - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

48% less than the average Electrical Engineer Salary in Iron & Steel Companies for 1 - 5 years of experience

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Last Updated: 7 Jun 2024

Companies similar to Mangal Sponge & Steel for Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
Shilpa Steel and Power Electrical Engineer Salary 3 - 6 years exp. (7 salaries)	₹2.2 L/yr - ₹3.5 L/yr 5% more
Sunvik Steels Electrical Engineer Salary 1 - 7 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 46% more
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Salasar Techno Engineering Electrical Engineer Salary 4 - 9 years exp. (6 salaries)	₹3 L/yr - ₹3.6 L/yr 36% more
Ms Agarwal Foundries Electrical Engineer Salary 2 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹4.8 L/yr 65% more
Agni Steels Electrical Engineer Salary 1 - 3 years exp. (5 salaries)	₹1.5 L/yr - ₹2 L/yr 28% less
Ramco Steels Electrical Engineer Salary 3 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹3.6 L/yr 31% more
Shri Mahavir Ferro Alloys Electrical Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 11% more
Bihar Foundry Castings Electrical Engineer Salary 8 - 11 years exp. (4 salaries)	₹5.8 L/yr - ₹6 L/yr 143% more
Accurate Steel Forgings Electrical Engineer Salary 12 - 15 years exp. (4 salaries)	₹4.1 L/yr - ₹5.2 L/yr 86% more
Magnum Mi Steel Electrical Engineer Salary 6 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹4.8 L/yr 78% more
Patton International Electrical Engineer Salary 3 - 8 years exp. (4 salaries)	₹1.6 L/yr - ₹4.6 L/yr 21% more
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Bravo Sponge Iron Electrical Engineer Salary 3 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹3 L/yr 20% more
Allied Hitech Industries Electrical Engineer Salary 7 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹5.5 L/yr 103% more
Jindal Group Of Companies Electrical Engineer Salary 2 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr 36% more
Mukand Sumi Special Steel Electrical Engineer Salary 1 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹3.5 L/yr 14% more
Shri Rathi Group Electrical Engineer Salary 3 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 17% more

Electrical Engineer salary at Mangal Sponge & Steel ranges between ₹1.2 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Mangal Sponge & Steel .

Experience wise Mangal Sponge & Steel Electrical Engineer salaries

Last Updated: 7 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

Similar Designation salaries in Mangal Sponge & Steel

Electrical Technician Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Mangal Sponge & Steel Electrical Engineer Salary FAQs

What is the salary of Electrical Engineer at Mangal Sponge & Steel ?

The average salary of a Electrical Engineer at Mangal Sponge & Steel in India typically ranges from ₹1.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Electrical Engineer at Mangal Sponge & Steel earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Electrical Engineer 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 estimates are based on salary data submitted by 4 Mangal Sponge & Steel employees in India.

What is the estimated take home salary of a Electrical Engineer at Mangal Sponge & Steel in India?

The estimated take-home salary of a Electrical Engineer at Mangal Sponge & Steel in India typically ranges from ₹16,879 to ₹18,589 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Mangal Sponge & Steel . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mangal Sponge & Steel for Electrical Engineer in India?

Bihar Foundry Castings	₹5.8 Lakhs to ₹6.0 Lakhs per year
Allied Hitech Industries	₹4.2 Lakhs to ₹5.5 Lakhs per year
Accurate Steel Forgings	₹4.1 Lakhs to ₹5.2 Lakhs per year
Magnum Mi Steel	₹3.3 Lakhs to ₹4.8 Lakhs per year
Ms Agarwal Foundries	₹3.5 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Electrical Engineer in companies similar to Mangal Sponge & Steel in India?

The salary of a Electrical Engineer at companies similar to Mangal Sponge & Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sunvik Steels	₹3.3 Lakhs to ₹4.5 Lakhs per year
Jindal Group Of Companies	₹2.4 Lakhs to ₹4.2 Lakhs per year
Salasar Techno Engineering	₹3.0 Lakhs to ₹3.6 Lakhs per year
Ramco Steels	₹2.5 Lakhs to ₹3.6 Lakhs per year
Patton International	₹1.6 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 Electrical Engineer at Mangal Sponge & Steel in India?

The salary growth for a Electrical Engineer at Mangal Sponge & Steel depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at Mangal Sponge & Steel :

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹1.4 Lakhs per year
2 years	₹1.1 Lakhs to ₹1.4 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Mangal Sponge & Steel Electrical Engineer Salaries

Mangal Sponge & Steel Electrical Engineer salary in India ranges between ₹1.2 Lakh to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mangal Sponge & Steel latest salaries received from various employees of Mangal Sponge & Steel .