POSCO MAHARASHTRA STEEL Mumbai Junior Officer Salaries by 10+ Employees

2 - 10 years exp.

₹2.7 Lakhs - ₹6.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% more than the average Junior Officer Salary in Iron & Steel Companies for 2 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Junior Officer Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹6.5 L/yr
Procurement & Supply Chain Junior Officer Salary 5 - 7 years exp. (4 salaries)	₹3.5 L/yr - ₹5.4 L/yr
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Quality Assurance Junior Officer Salary 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.6 L/yr

Last Updated: 25 Oct 2024

Companies similar to POSCO MAHARASHTRA STEEL for Junior Officer in Mumbai

POSCO MAHARASHTRA STEEL Junior Officer Salary

2 - 10 years exp. (14 salaries)

₹2.7 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Junior Officer Salary 0 - 6 years exp. (548 salaries)	₹0.9 L/yr - ₹4.1 L/yr 51% less	1 job opening
The Saraswat Co-operative Bank Junior Officer Salary 0 - 11 years exp. (401 salaries)	₹2 L/yr - ₹5.5 L/yr 17% less
Login to view exact salary
HDFC Bank Junior Officer Salary 1 - 7 years exp. (211 salaries)	₹0.9 L/yr - ₹4.1 L/yr 47% less	1 job opening
Godrej Industries Junior Officer Salary 1 - 7 years exp. (85 salaries)	₹2.5 L/yr - ₹4.4 L/yr 27% less
Inventia Healthcare Junior Officer Salary 1 - 6 years exp. (53 salaries)	₹2.1 L/yr - ₹3.8 L/yr 43% less

Junior Officer salary at POSCO MAHARASHTRA STEEL ranges between ₹2.7 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 14 latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

Experience wise POSCO MAHARASHTRA STEEL Junior Officer salaries in Mumbai

Last Updated: 25 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
6 years (4 salaries)	₹3 L/yr - ₹5.4 L/yr
7 years (3 salaries)	₹4 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr

View all

Similar Designation salaries in POSCO MAHARASHTRA STEEL

Junior Manager Salary

(16 salaries)

₹3.5 L/yr - ₹11 L/yr

Senior Engineer Salary

(6 salaries)

₹4.8 L/yr - ₹6.4 L/yr

Salary related reviews for POSCO MAHARASHTRA STEEL

4.0

Rated by 1 employees for salary & benefits

Junior Officer in Mumbai Suburban

Production, Manufacturing & Engineering Department

5.0

• posted on 12 Jun 2022

5.0

for Salary and Benefits

Likes

Good place to work. Pay scale is too good. Job security is awesome

Salary - Excellent

+6 more

Dislikes

Location is an issue. Connectivity is not good. And they are not providing accommodation for family. Apart from these everything is very good

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.

Skill development - Good

+3 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.

Salary - Poor

+2 more

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.

Job security - Excellent

+1 more

Dislikes

Salary Structure is not good.

Skill development - Bad

+1 more

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.

Job security - Excellent

+4 more

Dislikes

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

Skill development - Poor

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.

Salary - Good

+2 more

Dislikes

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

Skill development - Poor

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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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POSCO MAHARASHTRA STEEL Junior Officer Salary FAQs

What is the salary of Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai?

The average salary of a Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai typically ranges from ₹2.7 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Junior Officer in Mumbai at POSCO MAHARASHTRA STEEL earn more than ₹5.8 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Junior Officer Salaries at POSCO MAHARASHTRA 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 10+ POSCO MAHARASHTRA STEEL employees in India.

What is the estimated take home salary of a Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai?

The estimated take-home salary of a Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai typically ranges from ₹35,139 to ₹36,377 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 10+ salaries received from various employees of POSCO MAHARASHTRA STEEL. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Junior Officer in companies similar to POSCO MAHARASHTRA STEEL in Mumbai?

The salary of a Junior Officer at companies similar to POSCO MAHARASHTRA STEEL in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

The Saraswat Co-operative Bank	₹2.0 Lakhs to ₹5.5 Lakhs per year
Godrej Industries	₹2.5 Lakhs to ₹4.4 Lakhs per year
Inventia Healthcare	₹2.1 Lakhs to ₹3.8 Lakhs per year
HDFC Bank	₹0.9 Lakhs to ₹4.1 Lakhs per year
HDB Financial Services	₹0.9 Lakhs to ₹4.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai?

The salary growth for a Junior Officer at POSCO MAHARASHTRA STEEL in Mumbai depends on factors such as experience, performance, and promotions. On average, a Junior Officer in Mumbai can expect the following growth trajectory at POSCO MAHARASHTRA STEEL:

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.9 Lakhs to ₹4.9 Lakhs per year

and so on.

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POSCO MAHARASHTRA STEEL Junior Officer Salaries in Mumbai

POSCO MAHARASHTRA STEEL Junior Officer salary in Mumbai ranges between ₹2.7 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 POSCO MAHARASHTRA STEEL latest salaries received from various employees of POSCO MAHARASHTRA STEEL.