New Laxmi Steel and Power Electrical Engineer Salaries by 3 Employees

0 - 3 years exp.

₹2 Lakhs - ₹2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

57% less than the average Electrical Engineer Salary in Iron & Steel Companies for 0 - 3 years of experience

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Salaries in different departments

Research & Development Electrical Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
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Production, Manufacturing & Engineering Electrical Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 14 Sep 2023

Companies similar to New Laxmi Steel and Power for Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
Sri Sai Power and Equipments Electrical Engineer Salary 1 - 9 years exp. (28 salaries)	₹1.3 L/yr - ₹5.4 L/yr 55% more
Chandan Steel Electrical Engineer Salary 1 - 6 years exp. (21 salaries)	₹2.4 L/yr - ₹4.2 L/yr 78% more
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HAL Offshore Electrical Engineer Salary 6 - 12 years exp. (12 salaries)	₹3.7 L/yr - ₹8.1 L/yr 172% more
National Institute of Wind Energy Electrical Engineer Salary 2 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹4.1 L/yr 79% more
Suzlon Group Electrical Engineer Salary 1 - 8 years exp. (561 salaries)	₹1.8 L/yr - ₹6.6 L/yr 81% more

Electrical Engineer salary at New Laxmi Steel and Power ranges between ₹2 Lakhs to ₹2 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of New Laxmi Steel and Power .

Experience wise New Laxmi Steel and Power Electrical Engineer salaries

Last Updated: 14 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in New Laxmi Steel and Power

Junior Engineer Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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New Laxmi Steel and Power Electrical Engineer Salary FAQs

How the salary growth look like for a Electrical Engineer at New Laxmi Steel and Power in India?

The salary growth for a Electrical Engineer at New Laxmi Steel and Power depends on factors such as experience, performance, and promotions. On average, a Electrical Engineer can expect the following growth trajectory at New Laxmi Steel and Power :

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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New Laxmi Steel and Power Electrical Engineer Salaries

New Laxmi Steel and Power Electrical Engineer salary in India ranges between ₹2 Lakhs to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 New Laxmi Steel and Power latest salaries received from various employees of New Laxmi Steel and Power .