Modern Steels Ludhiana Senior Engineer Salaries by 4 Employees

5 - 20 years exp.

₹3.3 Lakhs - ₹7 Lakhs

Salary of majority employees

13% less than the average Senior Engineer Salary in Iron & Steel Companies for 5 - 20 years of experience

Interested in this particular role?

Salaries in different departments

Quality Assurance Senior Engineer Salary 5 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹6.2 L/yr
Login to view exact salary
Production, Manufacturing & Engineering Senior Engineer Salary 20 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹7 L/yr

Last Updated: 13 Mar 2023

Companies similar to Modern Steels for Senior Engineer in Ludhiana

Modern Steels Senior Engineer Salary

5 - 20 years exp. (4 salaries)

₹3.3 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Vardhman Special Steels Senior Engineer Salary 4 - 12 years exp. (10 salaries)	₹4.8 L/yr - ₹9.5 L/yr 30% more
Highway Industries Senior Engineer Salary 4 - 12 years exp. (43 salaries)	₹3 L/yr - ₹6 L/yr 15% less
Login to view exact salary
Hero Cycles Senior Engineer Salary 3 - 8 years exp. (42 salaries)	₹3.1 L/yr - ₹6.3 L/yr 3% less	1 job opening
Kangaro Industries Senior Engineer Salary 6 - 13 years exp. (28 salaries)	₹4.1 L/yr - ₹7.3 L/yr 14% more
Happy Forging Senior Engineer Salary 4 - 12 years exp. (24 salaries)	₹3.1 L/yr - ₹6.2 L/yr 1% less	1 job opening

Senior Engineer salary at Modern Steels ranges between ₹3.3 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Modern Steels.

Experience wise Modern Steels Senior Engineer salaries in Ludhiana

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
15+ years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr

View all

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Modern Steels?

Ask anonymously on communities.

Modern Steels Senior Engineer Salary FAQs

What is the salary of Senior Engineer at Modern Steels in Ludhiana?

The average salary of a Senior Engineer at Modern Steels in Ludhiana typically ranges from ₹3.3 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 5 years to 20 years).

The top 10% of Senior Engineer in Ludhiana at Modern Steels earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Senior Engineer Salaries at Modern Steels 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 Modern Steels employees in India.

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

The estimated take-home salary of a Senior Engineer at Modern Steels in Ludhiana typically ranges from ₹37,878 to ₹39,075 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 5 years to 20 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 Modern Steels. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Modern Steels for Senior Engineer in India?

Vardhman Special Steels	₹4.8 Lakhs to ₹9.5 Lakhs per year
Kangaro Industries	₹4.1 Lakhs to ₹7.3 Lakhs per year

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

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

The salary of a Senior Engineer at companies similar to Modern Steels in Ludhiana varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Happy Forging	₹3.1 Lakhs to ₹6.2 Lakhs per year
Hero Cycles	₹3.1 Lakhs to ₹6.3 Lakhs per year
Highway Industries	₹3.0 Lakhs to ₹6.0 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 Senior Engineer at Modern Steels in Ludhiana?

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

Experience	Average Salary Range
5 years	₹3.3 Lakhs to ₹6.7 Lakhs per year
6 years	₹3.5 Lakhs to ₹7.0 Lakhs per year
7 years	₹3.6 Lakhs to ₹7.4 Lakhs per year
8 years	₹3.9 Lakhs to ₹4.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Modern Steels Salaries >
Modern Steels Senior Engineer Salaries >
Modern Steels Senior Engineer Salaries in Ludhiana

Modern Steels Senior Engineer salary in Ludhiana ranges between ₹3.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Modern Steels latest salaries received from various employees of Modern Steels.