POSCO MAHARASHTRA STEEL Diploma Engineer Salaries by 4 Employees (Updated 2024)

1 - 9 years exp.

₹2.4 Lakhs - ₹6.3 Lakhs

Salary of majority employees

49% more than the average Diploma Engineer Salary in Iron & Steel Companies for 1 - 9 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Engineer Salary 1 - 9 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
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Environment Health & Safety Diploma Engineer Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 22 Mar 2024

Companies similar to POSCO MAHARASHTRA STEEL for Diploma Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Diploma Engineer Salary 3 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 9% less
JSW Steel Diploma Engineer Salary 1 - 9 years exp. (5 salaries)	₹2.3 L/yr - ₹4.5 L/yr 11% less
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Jindal Steel and Power Diploma Engineer Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 21% less
NBC Bearings Diploma Engineer Salary 2 - 8 years exp. (175 salaries)	₹1.2 L/yr - ₹5 L/yr 18% less
Tata Motors Diploma Engineer Salary 1 - 5 years exp. (57 salaries)	₹1.2 L/yr - ₹3.5 L/yr 41% less

Diploma Engineer salary at POSCO MAHARASHTRA STEEL ranges between ₹2.4 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

Experience wise POSCO MAHARASHTRA STEEL Diploma Engineer salaries

Last Updated: 22 Mar 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr

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Similar Designation salaries in POSCO MAHARASHTRA STEEL

Senior Engineer Salary

(29 salaries)

₹4.1 L/yr - ₹7.2 L/yr

Junior Engineer Salary

(48 salaries)

₹2.65 L/yr - ₹8 L/yr

Shift Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Maintenance Engineer Salary

(3 salaries)

₹6.9 L/yr - ₹7.8 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Executive Engineer Salary

(13 salaries)

₹3.8 L/yr - ₹7 L/yr

Mechanical Engineer Salary

(17 salaries)

₹3.95 L/yr - ₹6.77 L/yr

Production Engineer Salary

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₹3.4 L/yr - ₹8 L/yr

Deputy Manager Salary

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₹6.1 L/yr - ₹16.1 L/yr

Salary related reviews for POSCO MAHARASHTRA STEEL

5.0

Rated by 1 employees for salary & benefits

Diploma Engineer in Pune

Operations Department

5.0

• posted on 10 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

EOT Crane Operator in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 04 Oct 2024

2.0

for Salary and Benefits

Likes

There is a work process in POSCO company. Any work is done safely. Care is taken to avoid any damage or accident. And hr sir, md sir treats everyone like a friend.

Dislikes

... contract workers do not speak in a formal manner and behave in a normal manner. In terms of work, the salary does not increase systematically.

Executive in Mangaon

Full Time

Other Department

3.0

• posted on 19 Apr 2023

3.0

for Salary and Benefits

Likes

Posco maharashtra steel is words largest company in steel setor. very good experience for me this company staff is very good behavior. This company safety SOP is very good and strict. And company working system fast and safe. This company care about our employees. With Posco We are the Posco. And safety first.

Dislikes

Salary Structure is not good.

Senior Executive in Mangaon

Full Time

Procurement & Supply Chain Department

5.0

• posted on 03 Sep 2022

3.0

for Salary and Benefits

Likes

Posco maharashtra steel is words largest company in steel setor. very good experience for me this company staff is very good behavior. This company safety SOP is very good and strik. And company working system fast and safe. This company care about our employees. With posco we are the posco. And safety first.

Dislikes

But salary structure is not good. I am not satisfied.

Junior Manager in Mangaon

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Jun 2022

4.0

for Salary and Benefits

Likes

Company offers a high level of job security. Company have a robust machinery & production line. Career wise you won't have good growth & salary but on other hand the burden on employees is very less as compared to other companies of same field.

Dislikes

The main reason for which i left POSCO was its plant location which was not offering basic amenities around it

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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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POSCO MAHARASHTRA STEEL Diploma Engineer Salary FAQs

What is the salary of Diploma Engineer at POSCO MAHARASHTRA STEEL?

Diploma Engineer salary at POSCO MAHARASHTRA STEEL in India ranges between ₹2.4 Lakhs to ₹6.3 Lakhs for experience between 1 years to 9 years. According to our estimates it is 49% more than the average Diploma Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of POSCO MAHARASHTRA STEEL India.

How does the salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL India compare with the average salary range for this job?

The average salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL is 49% more than the average salary of a Diploma Engineer in India. To know exact salary insights, login to view.

What is the salary of a Diploma Engineer in companies similar to POSCO MAHARASHTRA STEEL in India?

Tata Steel Diploma Engineer Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
JSW Steel Diploma Engineer Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year
NBC Bearings Diploma Engineer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Jindal Steel and Power Diploma Engineer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
Tata Motors Diploma Engineer Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL in India?

The estimated take-home salary of a Diploma Engineer at POSCO MAHARASHTRA STEEL ranges between ₹29,251 per month to ₹30,626 per month in India. The take-home salary calculation is based on the average POSCO MAHARASHTRA STEEL Diploma Engineer salary in India which ranges between ₹2.4 Lakhs to ₹6.3 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Diploma Engineer at POSCO MAHARASHTRA STEEL?

According to AmbitionBox, 100% of the POSCO MAHARASHTRA STEEL Diploma Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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POSCO MAHARASHTRA STEEL Diploma Engineer Salaries

POSCO MAHARASHTRA STEEL Diploma Engineer salary in India ranges between ₹2.4 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 POSCO MAHARASHTRA STEEL latest salaries received from various employees of POSCO MAHARASHTRA STEEL.