MSP Steel & Power Engineer Trainee Salaries by 5 Employees (Updated 2024)

0 - 2 years exp.

₹1.2 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

24% less than the average Engineer Trainee Salary in Iron & Steel Companies for 0 - 2 years of experience

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Last Updated: 23 Oct 2024

Companies similar to MSP Steel & Power for Engineer Trainee

Company name	Avg Annual Salary	Open Jobs
Tata Steel Engineer Trainee Salary 0 - 4 years exp. (39 salaries)	₹1 L/yr - ₹7.5 L/yr 79% more
JSW Steel Engineer Trainee Salary 0 - 9 years exp. (36 salaries)	₹2.7 L/yr - ₹10 L/yr 222% more
Login to view exact salary
Jindal Steel and Power Engineer Trainee Salary 0 - 1 year exp. (4 salaries)	₹2 L/yr - ₹4.1 L/yr 36% more
Vedanta Resources Engineer Trainee Salary Fresher (5 salaries)	₹7 L/yr - ₹14 L/yr 355% more
ArcelorMittal Nippon Steel Engineer Trainee Salary 0 - 2 years exp. (18 salaries)	₹1.5 L/yr - ₹5 L/yr 13% more
Bhushan Power & Steel Engineer Trainee Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹6 L/yr 44% more
Jayaswal Neco Industries Engineer Trainee Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹3.7 L/yr 12% more
Jindal Stainless Engineer Trainee Salary 0 - 1 year exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 301% more
Jindal Saw Engineer Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹4.8 L/yr 60% more
Indian Metals & Ferro Alloys Engineer Trainee Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹6 L/yr 48% more
Jai Balaji Group Engineer Trainee Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 24% less
Login to view exact salary
MM Forgings Engineer Trainee Salary 2 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 17% more

Engineer Trainee salary at MSP Steel & Power ranges between ₹1.2 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Engineer Trainee salaries

Last Updated: 23 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.2 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹4 L/yr

Similar Designation salaries in MSP Steel & Power

Trainee Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Senior Engineer Salary

(35 salaries)

₹3.25 L/yr - ₹7 L/yr

Junior Engineer Salary

(13 salaries)

₹2 L/yr - ₹3 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Project Engineer Salary

(4 salaries)

₹5 L/yr - ₹5.4 L/yr

Assistant Engineer Salary

(57 salaries)

₹2 L/yr - ₹5 L/yr

Graduate Engineer Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Maintenance Engineer Salary

(4 salaries)

₹3.23 L/yr - ₹4 L/yr

Salary related reviews for MSP Steel & Power

4.0

Rated by 1 employees for salary & benefits

Assistant Engineer in Raigarh

Production, Manufacturing & Engineering Department

4.0

• posted on 28 May 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign

Assistant Engineer - Civil in Raigarh

Full Time

Other Department

2.0

• posted on 27 Nov 2023

2.0

for Salary and Benefits

Likes

.timely payment of salary

Dislikes

...astructure for civil Department with lack of resources and improper management. the basic pay comes on month start and the variable pay comes on month end which is not shown in pay slip

Junior Accounts Officer in Kolkata

Finance & Accounting Department

4.0

• posted on 24 Jun 2019

5.0

for Salary and Benefits

Likes

Good infrastructure and technology, Good and friendly atmosphere for working and employees can get good benefit thru working with this company.

Dislikes

Some irritating teammates, lack of professional training, not so good hike in salary.

Mechanical Maintenance Engineer in Raigarh

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 12 Sep 2024

3.0

for Salary and Benefits

Likes

Here most likely to say HEAD OF POWER PLANT DIVISION IS NOT GOOD VERY POOR HEAD AND UPPER LEVEL ONLY WORKING FOR SELF ALL CREDITS TAKEN IN SELF WAY, ALSO TOUGH CHLLANGE TO WORK CURRENTLY

Dislikes

Here Upper level boss drinking in plant and no good culture misbehave of boss to engineer and workers every day they want people work 15 hrs if you want to take leave you have to tell all details about your personal

Administration And Human Resource Officer in Raigarh

Full Time

Finance & Accounting Department

5.0

• posted on 08 Jun 2024

5.0

for Salary and Benefits

Likes

Steel and power group I like it about a most important steel and power in India anything and any person part in India...

Dislikes

Nothing are any about at MSP steel and power dislike because all world working best.

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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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MSP Steel & Power Engineer Trainee Salary FAQs

What is the salary of Engineer Trainee at MSP Steel & Power?

Engineer Trainee salary at MSP Steel & Power in India ranges between ₹1.2 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 24% less than the average Engineer Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of MSP Steel & Power India.

How does the salary of a Engineer Trainee at MSP Steel & Power India compare with the average salary range for this job?

The average salary of a Engineer Trainee at MSP Steel & Power is 24% less than the average salary of a Engineer Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than MSP Steel & Power to a Engineer Trainee in India?

Vedanta Resources Engineer Trainee Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Jindal Stainless Engineer Trainee Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
JSW Steel Engineer Trainee Salary - ₹2.7 Lakhs to ₹10.0 Lakhs per year
Tata Steel Engineer Trainee Salary - ₹1.0 Lakhs to ₹7.5 Lakhs per year
Jindal Saw Engineer Trainee Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year

What is the salary of a Engineer Trainee in companies similar to MSP Steel & Power in India?

Indian Metals & Ferro Alloys Engineer Trainee Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
Bhushan Power & Steel Engineer Trainee Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Jindal Steel and Power Engineer Trainee Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
MM Forgings Engineer Trainee Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
ArcelorMittal Nippon Steel Engineer Trainee Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Engineer Trainee at MSP Steel & Power in India?

The estimated take-home salary of a Engineer Trainee at MSP Steel & Power ranges between ₹16,299 per month to ₹17,978 per month in India. The take-home salary calculation is based on the average MSP Steel & Power Engineer Trainee salary in India which ranges between ₹1.2 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Engineer Trainee at MSP Steel & Power?

According to AmbitionBox, 80% of the MSP Steel & Power Engineer Trainees reported a notice period of 15 days or less, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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MSP Steel & Power Engineer Trainee Salaries

MSP Steel & Power Engineer Trainee salary in India ranges between ₹1.2 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.