Modern Steels Senior Electrical Engineer Salaries by 4 Employees (Updated 2024)

7 - 24 years exp.

₹4 Lakhs - ₹6.1 Lakhs

Salary of majority employees

39% less than the average Senior Electrical Engineer Salary in Iron & Steel Companies for 7 - 24 years of experience

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Salaries in different departments

Research & Development Senior Electrical Engineer Salary 7 - 9 years exp. (3 salaries)	₹3.6 L/yr - ₹4.4 L/yr
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Production, Manufacturing & Engineering Senior Electrical Engineer Salary 24 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.7 L/yr

Last Updated: 22 Apr 2023

Companies similar to Modern Steels for Senior Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
Electrotherm Senior Electrical Engineer Salary 4 - 12 years exp. (20 salaries)	₹4.4 L/yr - ₹7.6 L/yr 23% more
Kirloskar Ferrous Industries Senior Electrical Engineer Salary 1 - 10 years exp. (12 salaries)	₹4 L/yr - ₹7 L/yr 23% more
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Indian Metals & Ferro Alloys Senior Electrical Engineer Salary 8 - 13 years exp. (11 salaries)	₹4.8 L/yr - ₹10 L/yr 41% more
APL Apollo Tubes Senior Electrical Engineer Salary 8 - 14 years exp. (8 salaries)	₹5.5 L/yr - ₹9.3 L/yr 56% more
SMC Power Generation Senior Electrical Engineer Salary 8 - 14 years exp. (7 salaries)	₹4 L/yr - ₹5.2 L/yr 2% more
Jai Balaji Group Senior Electrical Engineer Salary 3 - 9 years exp. (6 salaries)	₹3.5 L/yr - ₹5 L/yr 5% less
Aarti Steels Senior Electrical Engineer Salary 4 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹6.5 L/yr 7% less
Ratnamani Metals and Tubes Senior Electrical Engineer Salary 3 - 9 years exp. (5 salaries)	₹4.8 L/yr - ₹6.2 L/yr 17% more
Bharat Wire Ropes Senior Electrical Engineer Salary 5 - 14 years exp. (4 salaries)	₹4.3 L/yr - ₹5.1 L/yr 5% more
Bmm Ispat Senior Electrical Engineer Salary 10 - 14 years exp. (4 salaries)	₹4.5 L/yr - ₹8.5 L/yr 10% more
Panchmahal Steel Senior Electrical Engineer Salary 7 - 9 years exp. (4 salaries)	₹3.8 L/yr - ₹4.5 L/yr 9% less
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ISMT Senior Electrical Engineer Salary 10 - 13 years exp. (4 salaries)	₹5.5 L/yr - ₹8.1 L/yr 57% more
Jayaswal Neco Industries Senior Electrical Engineer Salary 6 - 7 years exp. (3 salaries)	₹3.4 L/yr - ₹5.4 L/yr 4% more

Senior Electrical Engineer salary at Modern Steels ranges between ₹4 Lakhs to ₹6.1 Lakhs per year for employees with experience between 7 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels.

Experience wise Modern Steels Senior Electrical Engineer salaries

Last Updated: 22 Apr 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
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9 years (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.1 L/yr

Similar Designation salaries in Modern Steels

Electrical Engineer Salary

(4 salaries)

₹3.4 L/yr - ₹4.35 L/yr

Assistant Electrical Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Engineer Salary

(9 salaries)

₹3.25 L/yr - ₹7 L/yr

Assistant Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹2.6 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Project Manager Salary

(4 salaries)

₹22 L/yr - ₹40 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Supervisor Salary

(4 salaries)

₹1.4 L/yr - ₹5 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.

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Modern Steels Senior Electrical Engineer Salary FAQs

What is the salary of Senior Electrical Engineer at Modern Steels?

Senior Electrical Engineer salary at Modern Steels in India ranges between ₹4.0 Lakhs to ₹6.1 Lakhs for experience between 7 years to 24 years. According to our estimates it is 39% less than the average Senior Electrical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels India.

How does the salary of a Senior Electrical Engineer at Modern Steels India compare with the average salary range for this job?

The average salary of a Senior Electrical Engineer at Modern Steels is 39% less than the average salary of a Senior Electrical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Modern Steels to a Senior Electrical Engineer in India?

ISMT Senior Electrical Engineer Salary - ₹5.5 Lakhs to ₹8.1 Lakhs per year
APL Apollo Tubes Senior Electrical Engineer Salary - ₹5.5 Lakhs to ₹9.3 Lakhs per year
Indian Metals & Ferro Alloys Senior Electrical Engineer Salary - ₹4.8 Lakhs to ₹10.0 Lakhs per year
Electrotherm Senior Electrical Engineer Salary - ₹4.4 Lakhs to ₹7.6 Lakhs per year
Kirloskar Ferrous Industries Senior Electrical Engineer Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Senior Electrical Engineer in companies similar to Modern Steels in India?

Ratnamani Metals and Tubes Senior Electrical Engineer Salary - ₹4.8 Lakhs to ₹6.2 Lakhs per year
Bmm Ispat Senior Electrical Engineer Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
Bharat Wire Ropes Senior Electrical Engineer Salary - ₹4.3 Lakhs to ₹5.1 Lakhs per year
Jayaswal Neco Industries Senior Electrical Engineer Salary - ₹3.4 Lakhs to ₹5.4 Lakhs per year
SMC Power Generation Senior Electrical Engineer Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year

What is the estimated take home salary of a Senior Electrical Engineer at Modern Steels in India?

The estimated take-home salary of a Senior Electrical Engineer at Modern Steels ranges between ₹33,648 per month to ₹34,908 per month in India. The take-home salary calculation is based on the average Modern Steels Senior Electrical Engineer salary in India which ranges between ₹4.0 Lakhs to ₹6.1 Lakhs per year for employees with experience between 7 years to 24 years. Check how did we calculate take home salary?

What is the notice period for Senior Electrical Engineer at Modern Steels?

According to AmbitionBox, 100% of the Modern Steels Senior Electrical Engineers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Modern Steels Senior Electrical Engineer Salaries

Modern Steels Senior Electrical Engineer salary in India ranges between ₹4 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Modern Steels latest salaries received from various employees of Modern Steels.