MSP Steel & Power Manager Salaries by 10+ Employees

9 - 20 years exp.

₹4.7 Lakhs - ₹13.3 Lakhs

Salary of majority employees

Fixed (76%)

₹7.7 Lakhs

Variable (24%)

₹2.4 Lakhs

38% less than the average Manager Salary in Iron & Steel Companies for 9 - 20 years of experience

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Salaries in different departments

Marketing & Communication Manager Salary 11 - 14 years exp. (5 salaries)	₹4.7 L/yr - ₹12 L/yr
Production, Manufacturing & Engineering Manager Salary 12 - 16 years exp. (4 salaries)	₹7.1 L/yr - ₹11 L/yr
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Procurement & Supply Chain Manager Salary 9 - 11 years exp. (3 salaries)	₹5.1 L/yr - ₹11.8 L/yr

Last Updated: 3 Oct 2024

Companies similar to MSP Steel & Power for Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Manager Salary 0 - 20 years exp. (1.6k salaries)	₹6 L/yr - ₹20.1 L/yr 37% more
JSW Steel Manager Salary 7 - 19 years exp. (1.1k salaries)	₹7 L/yr - ₹26.1 L/yr 47% more	3 job openings
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Steel Authority Of India Manager Salary 8 - 13 years exp. (121 salaries)	₹10 L/yr - ₹30.4 L/yr 131% more
Jindal Steel and Power Manager Salary 11 - 22 years exp. (616 salaries)	₹9 L/yr - ₹24.2 L/yr 65% more
Vedanta Resources Manager Salary 7 - 17 years exp. (75 salaries)	₹13 L/yr - ₹41 L/yr 196% more
ArcelorMittal Nippon Steel Manager Salary 10 - 19 years exp. (511 salaries)	₹6.1 L/yr - ₹22 L/yr 37% more
Vizag Steel Manager Salary 9 - 12 years exp. (64 salaries)	₹10 L/yr - ₹30 L/yr 95% more
Monnet Group Manager Salary 11 - 22 years exp. (7 salaries)	₹6.2 L/yr - ₹11.5 L/yr 13% less
Jindal Stainless Manager Salary 8 - 20 years exp. (400 salaries)	₹8 L/yr - ₹23.2 L/yr 46% more	8 job openings
Jindal Saw Manager Salary 12 - 19 years exp. (132 salaries)	₹8.2 L/yr - ₹19.6 L/yr 35% more
ESL Steel Manager Salary 13 - 20 years exp. (54 salaries)	₹9.5 L/yr - ₹30.5 L/yr 117% more
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Jayaswal Neco Industries Manager Salary 10 - 17 years exp. (52 salaries)	₹6 L/yr - ₹16.2 L/yr 3% more
Jai Balaji Group Manager Salary 6 - 22 years exp. (41 salaries)	₹4.4 L/yr - ₹14 L/yr 13% less
APL Apollo Tubes Manager Salary 8 - 21 years exp. (36 salaries)	₹6.2 L/yr - ₹15 L/yr 11% more
VISA Steel Manager Salary 11 - 21 years exp. (34 salaries)	₹7.2 L/yr - ₹15 L/yr 13% more
Electrotherm Manager Salary 12 - 21 years exp. (33 salaries)	₹8.3 L/yr - ₹20 L/yr 26% more
Kirloskar Ferrous Industries Manager Salary 9 - 19 years exp. (29 salaries)	₹6.7 L/yr - ₹14 L/yr 4% less
Godawari Power & Ispat Manager Salary 12 - 19 years exp. (28 salaries)	₹5.3 L/yr - ₹18 L/yr 6% more
Mukand Limited Manager Salary 6 - 20 years exp. (23 salaries)	₹8.6 L/yr - ₹17.9 L/yr 41% more	1 job opening
Aarti Steels Manager Salary 11 - 19 years exp. (19 salaries)	₹6.5 L/yr - ₹12 L/yr 2% less	1 job opening

View all

Manager salary at MSP Steel & Power ranges between ₹4.7 Lakhs to ₹13.3 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 17 latest salaries received from various employees of MSP Steel & Power.

Experience wise MSP Steel & Power Manager salaries

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹13.7 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹14.5 L/yr
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11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹15.3 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹12 L/yr
13 years (3 salaries)	₹4.7 L/yr - ₹16.9 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹11 L/yr
15+ years (4 salaries)	₹7.5 L/yr - ₹13.3 L/yr

View all

Similar Designation salaries in MSP Steel & Power

Deputy Manager Salary

(36 salaries)

₹5.2 L/yr - ₹10.25 L/yr

Deputy General Manager Salary

(5 salaries)

₹16.6 L/yr - ₹25 L/yr

Top skills at MSP Steel & Power for Manager

Plant Maintenance Learning and Development Mechanical Maintenance Preventive Maintenance Maintenance Planning

Salary related reviews for MSP Steel & Power

4.1

Rated by 3 employees for salary & benefits

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

Likes

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

Salary - Excellent

+6 more

Dislikes

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

Assistant Engineer -Shift In Charge in Raigarh

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 27 Feb 2025

3.0

for Salary and Benefits

Likes

If you are a fresher, there are many things to learn from every department, all heads of all department are cooperative.

Skill development - Good

+1 more

Dislikes

Lots of politics, salary less, work 12 hrs or more, race discrimination little bit is there but better to ignore and focus on work, get a good opportunity and run out from there.

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

see more salary related reviews

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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.

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MSP Steel & Power Manager Salary FAQs

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

The average salary of a Manager at MSP Steel & Power in India typically ranges from ₹4.7 Lakhs to ₹13.3 Lakhs per year, depending on experience (from 9 years to 20 years).

The top 10% of Manager at MSP Steel & Power earn more than ₹11.8 Lakhs per year, and the top 1% earn over ₹13.3 Lakhs per year. 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 10+ MSP Steel & Power employees in India.

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

The estimated take-home salary of a Manager at MSP Steel & Power in India typically ranges from ₹72,563 to ₹74,436 per month. This is based on the average salary range of ₹4.7 Lakhs to ₹13.3 Lakhs per year for employees with experience ranging from 9 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 10+ 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 Manager at MSP Steel & Power ?

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

- Plant Maintenance
- Learning and Development
- Mechanical Maintenance
- Preventive Maintenance
- Maintenance Planning

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 Manager in India?

Vedanta Resources	₹13.0 Lakhs to ₹41.0 Lakhs per year
Steel Authority Of India	₹10.0 Lakhs to ₹30.4 Lakhs per year
ESL Steel	₹9.5 Lakhs to ₹30.5 Lakhs per year
Vizag Steel	₹10.0 Lakhs to ₹30.0 Lakhs per year
Jindal Steel and Power	₹9.0 Lakhs to ₹24.2 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 Manager in companies similar to MSP Steel & Power in India?

The salary of a 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:

JSW Steel	₹7.0 Lakhs to ₹26.1 Lakhs per year
Jindal Stainless	₹8.0 Lakhs to ₹23.2 Lakhs per year
Indian Metals & Ferro Alloys	₹10.6 Lakhs to ₹18.0 Lakhs per year
Mukand Limited	₹8.6 Lakhs to ₹17.9 Lakhs per year
Ratnamani Metals and Tubes	₹10.0 Lakhs to ₹15.5 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 Manager at MSP Steel & Power in India?

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

Experience	Average Salary Range
9 years	₹4.7 Lakhs to ₹13.7 Lakhs per year
10 years	₹6.1 Lakhs to ₹14.5 Lakhs per year
11 years	₹6.1 Lakhs to ₹15.3 Lakhs per year
12 years	₹7.1 Lakhs to ₹12.0 Lakhs per year

and so on.

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MSP Steel & Power Manager Salaries

MSP Steel & Power Manager salary in India ranges between ₹4.7 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 MSP Steel & Power latest salaries received from various employees of MSP Steel & Power.