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POSCO MAHARASHTRA STEEL Furnace Engineer salaries in India

Annual salary range
8 - 11 years exp.
₹4.9 Lakhs - ₹7.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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61% more than the average Furnace Engineer Salary in Iron & Steel Companies for 8 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to POSCO MAHARASHTRA STEEL for Furnace Engineer

Company name Avg Annual Salary Open Jobs
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₹5.5 L/yr - ₹10.5 L/yr

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₹3.8 L/yr - ₹12.8 L/yr

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Borosil Renewables Furnace Engineer Salary

2 - 6 years exp. (3 salaries)

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₹5.5 L/yr - ₹6 L/yr

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Bharat Wire Ropes Furnace Engineer Salary

5 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹4.3 L/yr

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₹2.5 L/yr - ₹4 L/yr

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Furnace Engineer salary at POSCO MAHARASHTRA STEEL ranges between ₹4.9 Lakhs to ₹7.5 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

Latest annual salaries shared by POSCO MAHARASHTRA STEEL Furnace Engineer

1y ago
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10 years exp.
1y ago
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8 years exp.
1y ago
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11 years exp.

Experience wise POSCO MAHARASHTRA STEEL Furnace Engineer salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
10 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.6 L/yr

Similar Designation salaries in POSCO MAHARASHTRA STEEL

Junior Engineer Salary
(48 salaries)
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₹2.65 L/yr - ₹8 L/yr
Senior Engineer Salary
(29 salaries)
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₹4.1 L/yr - ₹7.2 L/yr
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₹2.45 L/yr - ₹4.2 L/yr
Shift Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
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₹3.8 L/yr - ₹7 L/yr
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₹3.95 L/yr - ₹6.77 L/yr
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₹3.4 L/yr - ₹8 L/yr
Supervisor Salary
(3 salaries)
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₹2 L/yr - ₹3.5 L/yr
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₹15 L/yr - ₹18 L/yr

Salary related reviews for POSCO MAHARASHTRA STEEL

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.

read more

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.

read more

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.

read more

Dislikes

Salary Structure is not good.

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.

read more

Dislikes

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

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.

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Dislikes

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

Full Time

 · 

Human Resources Department

5.0
  •  posted on 12 Apr 2021

5.0
 for  Salary and Benefits

Likes

... huge scope in development of team leaders instead of developing team members. With positive feedback system work on removing employees grievances about facilities like food, transportation, accommodation, health issues, insurance, benefits, safety, Salary, increments, promotion s. After solving problems give feedbacks. Counseling requires by top mgmt of team leaders and HODS. If you want real change in company culture take periodically survey. Here annual employee satisfaction Surveys are biased as company mgmt. asks to say favorable comments about them as if results reach to HQ KOREA there will be impact on GMs. It's Very unfair. How can you Change systems if you ask employees to give biased feedbacks? Stop corruption from yourself. Focus on improving these mention points. It's real and genuine feedback by wellwisher.

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Dislikes

...eed to change Strategies of Leaderships, remove positions and keep designations. Positions makes imbalance in decisions, Salary, incentives, allowances etc., Need strong union for workers as management is exploiting contract workers, wrong manpower Strategies, Not following laws of hiring Apprentices as per quota, not hiring skilled and experienced candidates, hiring freshers feels like training center for colleges, Attrition is high, politics is high compared to other MNCs, No HR role in employee education, development, welfare, communication gaps. Instead of having multiple teams in HR Dept.they need one umbrella HR, ADMIN, TRAINING, PLANNING, PAYROLL TEAMS. There is competition in HR and Admin teams which spoils atmosphere and give chance for employee gossips, unnecessary teams created in ops., company requires strong senior peoples from outside.

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POSCO MAHARASHTRA STEEL Furnace Engineer salary in India ranges between ₹4.9 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 POSCO MAHARASHTRA STEEL latest salaries received from various employees of POSCO MAHARASHTRA STEEL.