Modern Steels Senior Design Engineer Salaries by Employees

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₹5.4 Lakhs - ₹6.9 Lakhs

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Last Updated: 16 Mar 2023

Companies similar to Modern Steels for Senior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Electrotherm Senior Design Engineer Salary 2 - 11 years exp. (27 salaries)	₹3.5 L/yr - ₹7.7 L/yr 13% less
Kirloskar Ferrous Industries Senior Design Engineer Salary 4 - 6 years exp. (5 salaries)	₹4.8 L/yr - ₹5.3 L/yr 20% less
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MM Forgings Senior Design Engineer Salary 4 - 11 years exp. (4 salaries)	₹2.5 L/yr - ₹7.5 L/yr 22% less
Ratnamani Metals and Tubes Senior Design Engineer Salary 7 - 11 years exp. (3 salaries)	₹4 L/yr - ₹5.5 L/yr 22% less
Tata Technologies Senior Design Engineer Salary 1 - 11 years exp. (2.3k salaries)	₹5.2 L/yr - ₹16.2 L/yr 47% more

Senior Design Engineer salary at Modern Steels ranges between ₹5.4 Lakhs to ₹6.9 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Modern Steels.

Similar Designation salaries in Modern Steels

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₹3.25 L/yr - ₹7 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹2.6 L/yr

Electrical Engineer Salary

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₹3.4 L/yr - ₹4.35 L/yr

Mechanical Engineer Salary

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₹2.4 L/yr - ₹4.5 L/yr

Deputy Manager Salary

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₹6.5 L/yr - ₹8.3 L/yr

Salary related reviews for Modern Steels

Senior Executive Materials

Procurement & Supply Chain Department

2.0

• posted on 05 Sep 2018

1.0

for Salary and Benefits

Likes

Working in Modern Steels, you will find job security, healthy team environment and fine balance between work and life.

Job security - Good

+1 more

Dislikes

Compensation if good only for higher designations and terrible for middle and lower designations. No on job training, extremely low increments, no career growth.

Salary - Bad

+4 more

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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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Modern Steels Senior Design Engineer Salary FAQs

How the salary growth look like for a Senior Design Engineer at Modern Steels in India?

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

Experience	Average Salary Range
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Modern Steels Senior Design Engineer Salaries

Modern Steels Senior Design Engineer salary in India ranges between ₹5.4 Lakhs to ₹6.9 Lakhs. This is an estimate based on latest salaries received from employees of Modern Steels.

Modern Steels Senior Design Engineer salaries in India