Nova Iron & Steel Senior Electrical Engineer Salaries by 4 Employees

7 - 8 years exp.

₹3.3 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Senior Electrical Engineer Salary in Iron & Steel Companies for 7 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Senior Electrical Engineer Salary 7 - 8 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr
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Construction & Site Engineering Senior Electrical Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 16 Dec 2023

Companies similar to Nova Iron & Steel for Senior Electrical Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Wire Ropes Senior Electrical Engineer Salary 5 - 14 years exp. (4 salaries)	₹4.3 L/yr - ₹5.1 L/yr 24% more
Singhal Enterprises Senior Electrical Engineer Salary 7 - 11 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 16% more
Login to view exact salary
National Steel & Agro Industries Senior Electrical Engineer Salary 13 - 14 years exp. (3 salaries)	₹3.5 L/yr - ₹5.1 L/yr 19% more
Maa Kudargarhi Steels Senior Electrical Engineer Salary 9 - 11 years exp. (3 salaries)	₹6.4 L/yr - ₹8.2 L/yr 87% more
Larsen & Toubro Limited Senior Electrical Engineer Salary 1 - 12 years exp. (210 salaries)	₹3.6 L/yr - ₹12.5 L/yr 123% more	1 job opening

Senior Electrical Engineer salary at Nova Iron & Steel ranges between ₹3.3 Lakhs to ₹4 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Nova Iron & Steel.

Experience wise Nova Iron & Steel Senior Electrical Engineer salaries

Last Updated: 16 Dec 2023

Experience	Avg Annual Salary
7 years (3 salaries)	₹3.3 L/yr - ₹4 L/yr
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8 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.1 L/yr

Similar Designation salaries in Nova Iron & Steel

Electrical Engineer Salary

(7 salaries)

₹2.15 L/yr - ₹3.95 L/yr

Assistant Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Engineer Salary

(5 salaries)

₹4.19 L/yr - ₹6.15 L/yr

Junior Engineer Salary

(4 salaries)

₹1.95 L/yr - ₹2.55 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Assistant Engineer Salary

(4 salaries)

₹3.2 L/yr - ₹4 L/yr

Electrician Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Deputy Manager Salary

(3 salaries)

₹6 L/yr - ₹7.11 L/yr

Salary related reviews for Nova Iron & Steel

3.4

Rated by 2 employees for salary & benefits

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

Salary - Good

+5 more

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.

Job security - Good

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.

Salary - Poor

+1 more

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.

Salary - Bad

+5 more

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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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Nova Iron & Steel Senior Electrical Engineer Salary FAQs

What is the salary of Senior Electrical Engineer at Nova Iron & Steel ?

The average salary of a Senior Electrical Engineer at Nova Iron & Steel in India typically ranges from ₹3.3 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 7 years to 8 years).

The top 10% of Senior Electrical Engineer at Nova Iron & Steel earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Senior Electrical Engineer Salaries at Nova Iron & Steel 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 Nova Iron & Steel employees in India.

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

The estimated take-home salary of a Senior Electrical Engineer at Nova Iron & Steel in India typically ranges from ₹27,965 to ₹29,359 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 7 years to 8 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 Nova Iron & Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nova Iron & Steel for Senior Electrical Engineer in India?

Larsen & Toubro Limited	₹3.6 Lakhs to ₹12.5 Lakhs per year
Maa Kudargarhi Steels	₹6.4 Lakhs to ₹8.2 Lakhs per year
Bharat Wire Ropes	₹4.3 Lakhs to ₹5.1 Lakhs per year
National Steel & Agro Industries	₹3.5 Lakhs to ₹5.1 Lakhs per year
Singhal Enterprises	₹3.6 Lakhs to ₹5.0 Lakhs per year

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

How the salary growth look like for a Senior Electrical Engineer at Nova Iron & Steel in India?

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

Experience	Average Salary Range
7 years	₹3.3 Lakhs to ₹4.0 Lakhs per year
8 years	₹4.0 Lakhs to ₹7.1 Lakhs per year

and so on.

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Nova Iron & Steel Senior Electrical Engineer Salaries

Nova Iron & Steel Senior Electrical Engineer salary in India ranges between ₹3.3 Lakhs to ₹4 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.