MSP Steel & Power HR Manager Salaries by 4 Employees

9 - 12 years exp.

₹6 Lakhs - ₹8.4 Lakhs

Low Confidence

Salary of majority employees

36% less than the average HR Manager Salary in Iron & Steel Companies for 9 - 12 years of experience

Interested in this particular role?

Last Updated: 13 Mar 2023

Companies similar to MSP Steel & Power for HR Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel HR Manager Salary 1 - 10 years exp. (76 salaries)	₹9.1 L/yr - ₹24 L/yr 142% more
JSW Steel HR Manager Salary 7 - 19 years exp. (24 salaries)	₹8.5 L/yr - ₹28.7 L/yr 147% more
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Steel Authority Of India HR Manager Salary 7 - 11 years exp. (9 salaries)	₹17 L/yr - ₹25 L/yr 193% more
Jindal Stainless HR Manager Salary 2 - 18 years exp. (9 salaries)	₹7.8 L/yr - ₹24 L/yr 118% more
Jai Balaji Group HR Manager Salary 10 - 13 years exp. (5 salaries)	₹4 L/yr - ₹5.6 L/yr 37% less
Jindal Saw HR Manager Salary 16 - 23 years exp. (5 salaries)	₹9.5 L/yr - ₹12.4 L/yr 53% more
ESL Steel HR Manager Salary 10 - 16 years exp. (4 salaries)	₹9.7 L/yr - ₹13 L/yr 49% more
Indian Metals & Ferro Alloys HR Manager Salary 14 - 17 years exp. (4 salaries)	₹8.5 L/yr - ₹15 L/yr 67% more
APL Apollo Tubes HR Manager Salary 11 - 14 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 52% more
Usha Martin HR Manager Salary 13 - 25 years exp. (4 salaries)	₹9.6 L/yr - ₹12.5 L/yr 57% more
Jayaswal Neco Industries HR Manager Salary 9 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹6.5 L/yr 20% less
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Bmm Ispat HR Manager Salary 15 - 17 years exp. (3 salaries)	₹10.7 L/yr - ₹13.6 L/yr 76% more
Electrotherm HR Manager Salary 10 - 15 years exp. (3 salaries)	₹4.2 L/yr - ₹17 L/yr 45% more
Maithan Alloys HR Manager Salary 14 - 17 years exp. (3 salaries)	₹8.9 L/yr - ₹11.5 L/yr 36% more
Vizag Steel HR Manager Salary 8 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹21 L/yr 149% more

HR Manager salary at MSP Steel & Power ranges between ₹6 Lakhs to ₹8.4 Lakhs per year for employees with experience between 9 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power HR Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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11 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
12 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr

Similar Designation salaries in MSP Steel & Power

Sr. Admin Executive Salary

(4 salaries)

₹3 L/yr - ₹5.1 L/yr

HR Officer Salary

(4 salaries)

₹3.35 L/yr - ₹4.5 L/yr

Senior Manager-HR Salary

(4 salaries)

₹8 L/yr - ₹12.5 L/yr

Assistant Manager- HR Salary

(3 salaries)

₹4.5 L/yr - ₹5 L/yr

Administration Officer Salary

(3 salaries)

₹1.2 L/yr - ₹2.4 L/yr

Deputy Manager HR Salary

(3 salaries)

₹5.3 L/yr - ₹6.7 L/yr

HR Executive Generalist Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Assistant Manager Talent Acquisition Salary

(AmbitionBox Estimate)

₹8.3 L/yr - ₹10.6 L/yr

Talent Acquisition Specialist Salary

(AmbitionBox Estimate)

₹26.9 L/yr - ₹34.4 L/yr

Deputy Manager Administration Salary

(AmbitionBox Estimate)

₹5.7 L/yr - ₹7.2 L/yr

Top skills at MSP Steel & Power for HR Manager

Substation CP PMS Sales Consulting Induction Hardening

Salary related reviews for MSP Steel & Power

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

Job security - Good

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

Salary - Poor

+2 more

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.

Skill development - Good

+2 more

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

Junior Accounts Officer in Kolkata

Finance & Accounting Department

4.0

• posted on 24 Jun 2019

5.0

for Salary and Benefits

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

Salary - Excellent

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

Assistant Engineer in Raigarh

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 25 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

People are rude especially all the managers they treated you like slave or worse than that. There is no increment and no health benefits which is the worst one. Every year accident happen and company won't give a penny. All the managers are corrupt and canteen service is like hell they take money for each meal around Rs.55 we complain many times but they won't take any action. This company is run by apprentice students and the funny part is apprentice do overtime and you won't get any help from your managers. Especially in my case my HOD won't give confirmation and it almost 1.5 months and he don't give a shit about you. Very unprofessional person his behaviour is so bad and he don't motivate you rather than loose your confidence of doing work. Please think twice before join this company. This company is all about showoff.

Salary - Bad

+6 more

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

Job security - Excellent

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

Skill development - Bad

+4 more

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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.

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MSP Steel & Power HR Manager Salary FAQs

What is the salary of HR Manager at MSP Steel & Power ?

The average salary of a HR Manager at MSP Steel & Power in India typically ranges from ₹6.0 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 9 years to 12 years).

The top 10% of HR Manager at MSP Steel & Power earn more than ₹8.4 Lakhs per year, and the top 1% earn over ₹8.4 Lakhs per year. HR Manager Salaries at MSP Steel & Power 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 MSP Steel & Power employees in India.

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

The estimated take-home salary of a HR Manager at MSP Steel & Power in India typically ranges from ₹53,592 to ₹54,928 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 9 years to 12 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 MSP Steel & Power. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Manager at MSP Steel & Power ?

To be a HR Manager at MSP Steel & Power in india, the key skills required include:

- Substation
- CP
- PMS
- Sales Consulting
- Induction Hardening

These skills are highly valued at MSP Steel & Power and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than MSP Steel & Power for HR Manager in India?

Steel Authority Of India	₹17.0 Lakhs to ₹25.0 Lakhs per year
Vizag Steel	₹12.5 Lakhs to ₹21.0 Lakhs per year
JSW Steel	₹8.5 Lakhs to ₹28.7 Lakhs per year
Tata Steel	₹9.1 Lakhs to ₹24.0 Lakhs per year
Jindal Stainless	₹7.8 Lakhs to ₹24.0 Lakhs per year

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

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

The salary of a HR Manager at companies similar to MSP Steel & Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bmm Ispat	₹10.7 Lakhs to ₹13.6 Lakhs per year
Indian Metals & Ferro Alloys	₹8.5 Lakhs to ₹15.0 Lakhs per year
Usha Martin	₹9.6 Lakhs to ₹12.5 Lakhs per year
Jindal Saw	₹9.5 Lakhs to ₹12.4 Lakhs per year
APL Apollo Tubes	₹10.0 Lakhs to ₹12.0 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 HR Manager at MSP Steel & Power in India?

The salary growth for a HR Manager at MSP Steel & Power depends on factors such as experience, performance, and promotions. On average, a HR Manager can expect the following growth trajectory at MSP Steel & Power:

Experience	Average Salary Range
9 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
10 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
11 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
12 years	₹7.6 Lakhs to ₹9.7 Lakhs per year

and so on.

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MSP Steel & Power HR Manager Salaries

MSP Steel & Power HR Manager salary in India ranges between ₹6 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.