Nova Iron & Steel Manager Salaries by 4 Employees (Updated 2024)

12 - 25 years exp.

₹7.5 Lakhs - ₹9 Lakhs

Salary of majority employees

48% less than the average Manager Salary in Iron & Steel Companies for 12 - 25 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 24 - 25 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹8.4 L/yr
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Energy & Mining Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.4 L/yr

Last Updated: 21 Feb 2024

Companies similar to Nova Iron & Steel for Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Manager Salary 0 - 20 years exp. (1.5k salaries)	₹6 L/yr - ₹20.9 L/yr 63% more	1 job opening
JSW Steel Manager Salary 6 - 19 years exp. (1.1k salaries)	₹7 L/yr - ₹26.1 L/yr 73% more	1 job opening
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Steel Authority Of India Manager Salary 8 - 13 years exp. (120 salaries)	₹10 L/yr - ₹30.4 L/yr 180% more
ArcelorMittal Nippon Steel Manager Salary 10 - 19 years exp. (510 salaries)	₹6 L/yr - ₹21 L/yr 62% more
Jindal Steel and Power Manager Salary 10 - 22 years exp. (672 salaries)	₹7.6 L/yr - ₹24 L/yr 97% more
Vedanta Resources Manager Salary 7 - 17 years exp. (73 salaries)	₹13 L/yr - ₹41 L/yr 233% more
ArcelorMittal Manager Salary 10 - 19 years exp. (110 salaries)	₹7.3 L/yr - ₹26.5 L/yr 102% more
Bhushan Power & Steel Manager Salary 11 - 20 years exp. (79 salaries)	₹5.8 L/yr - ₹18.5 L/yr 49% more
Vizag Steel Manager Salary 9 - 12 years exp. (58 salaries)	₹12 L/yr - ₹28 L/yr 130% more
Monnet Group Manager Salary 11 - 22 years exp. (7 salaries)	₹6.2 L/yr - ₹11.5 L/yr 5% more
Mahindra Accelo Manager Salary 8 - 18 years exp. (12 salaries)	₹6.5 L/yr - ₹17.5 L/yr 36% more
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Amalgam Steel Manager Salary 10 - 21 years exp. (11 salaries)	₹9.4 L/yr - ₹13.8 L/yr 42% more
Steel Infra Solutions Manager Salary 10 - 15 years exp. (9 salaries)	₹8.4 L/yr - ₹14 L/yr 17% more
SAL STEEL Manager Salary 15 - 20 years exp. (7 salaries)	₹6 L/yr - ₹9.6 L/yr 3% more
KISCO CASTINGS Manager Salary 8 - 16 years exp. (5 salaries)	₹5 L/yr - ₹7.5 L/yr 27% less
Magna Electro Castings Manager Salary 18 - 20 years exp. (5 salaries)	₹12 L/yr - ₹15 L/yr 50% more
Aamor Inox Manager Salary 13 - 21 years exp. (5 salaries)	₹10 L/yr - ₹10.5 L/yr 21% more
Bharat Wire Ropes Manager Salary 2 - 10 years exp. (4 salaries)	₹6.3 L/yr - ₹10.5 L/yr 8% less
Singhal Enterprises Manager Salary 15 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹7.2 L/yr 19% less

Manager salary at Nova Iron & Steel ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 12 years to 25 years. Salary estimates are based on 4 latest salaries received from various employees of Nova Iron & Steel.

Experience wise Nova Iron & Steel Manager salaries

Last Updated: 21 Feb 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹15.8 L/yr
13 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
15+ years (3 salaries)	₹7.5 L/yr - ₹9 L/yr

Similar Designation salaries in Nova Iron & Steel

Deputy Manager Salary

(7 salaries)

₹5 L/yr - ₹8.1 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Salary related reviews for Nova Iron & Steel

Assistant HR Administrator in Nova Iron And Steel LTD Dagori Bilha Bilaspur

Human Resources Department

4.0

• posted on 31 Jan 2022

4.0

for Salary and Benefits

Likes

payroll employees attendance maintenance and operating them , Recruitment and joining formalities , bonus ,gratuity, EPF ,ESIC and full and final settlement of employees knowledge

Dislikes

Nothing All is good

Engineer in Bilaspur

Full Time

Energy & Mining Department

3.0

• posted on 25 Jul 2024

2.0

for Salary and Benefits

Likes

Plant has very good scope to develop and good environment to learn better.

Dislikes

Upper management has no skill to talk.. specially the problem is naukarsahi behaviour.. I think good management always should have smooth communication with working engineers and co-management but if they behave bad with engineers then the mindset and thinking skill stucked which is very hard to work properly because of unethical behaviour.

Assistant General Manager

Other Department

3.0

• posted on 28 Dec 2019

1.0

for Salary and Benefits

Likes

Teammates ok, training - we were the trainer, job security: Not even a single day, career growth - only for chor and chatoos, Salary appraisal : Pair chune walon ke liye.work environment very poor

Dislikes

All top level peaples are very worst. 420 . You co operate with them they will be happy. Knowledge is of no use.

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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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Nova Iron & Steel Manager Salary FAQs

What is the salary of Manager at Nova Iron & Steel?

Manager salary at Nova Iron & Steel in India ranges between ₹7.5 Lakhs to ₹9.0 Lakhs for experience between 12 years to 25 years. According to our estimates it is 48% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nova Iron & Steel India.

How does the salary of a Manager at Nova Iron & Steel India compare with the average salary range for this job?

The average salary of a Manager at Nova Iron & Steel is 48% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nova Iron & Steel to a Manager in India?

Vedanta Resources Manager Salary - ₹13.0 Lakhs to ₹41.0 Lakhs per year
Steel Authority Of India Manager Salary - ₹10.0 Lakhs to ₹30.4 Lakhs per year
Vizag Steel Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
ArcelorMittal Manager Salary - ₹7.3 Lakhs to ₹26.5 Lakhs per year
Jindal Steel and Power Manager Salary - ₹7.6 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Manager in companies similar to Nova Iron & Steel in India?

JSW Steel Manager Salary - ₹7.0 Lakhs to ₹26.1 Lakhs per year
Tata Steel Manager Salary - ₹6.0 Lakhs to ₹20.9 Lakhs per year
ArcelorMittal Nippon Steel Manager Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
Magna Electro Castings Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Bhushan Power & Steel Manager Salary - ₹5.8 Lakhs to ₹18.5 Lakhs per year

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

The estimated take-home salary of a Manager at Nova Iron & Steel ranges between ₹61,689 per month to ₹63,254 per month in India. The take-home salary calculation is based on the average Nova Iron & Steel Manager salary in India which ranges between ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 12 years to 25 years. Check how did we calculate take home salary?

What is the notice period for Manager at Nova Iron & Steel?

According to AmbitionBox, 75% of the Nova Iron & Steel Managers reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Nova Iron & Steel Manager Salaries

Nova Iron & Steel Manager salary in India ranges between ₹7.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nova Iron & Steel latest salaries received from various employees of Nova Iron & Steel.