POSCO MAHARASHTRA STEEL Production & Quality Engineer Salaries by 8 Employees

2 - 7 years exp.

₹3.4 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

23% more than the average Production & Quality Engineer Salary in Iron & Steel Companies for 2 - 7 years of experience

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Salaries in different departments

Quality Assurance Production & Quality Engineer Salary 2 - 7 years exp. (6 salaries)	₹3.8 L/yr - ₹4.1 L/yr
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Production, Manufacturing & Engineering Production & Quality Engineer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to POSCO MAHARASHTRA STEEL for Production & Quality Engineer

Company name	Avg Annual Salary	Open Jobs
Kalyani Forge Production & Quality Engineer Salary 0 - 1 year exp. (3 salaries)	₹1.9 L/yr - ₹3 L/yr 40% less
Kayjay Forging Production & Quality Engineer Salary 1 - 7 years exp. (13 salaries)	₹2.4 L/yr - ₹4.5 L/yr 14% less
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Crystal Industrial Syndicate Production & Quality Engineer Salary 0 - 6 years exp. (9 salaries)	₹2.2 L/yr - ₹3.8 L/yr 25% less
Rane Axle & Pressing Production & Quality Engineer Salary 9 years exp. (9 salaries)	₹6 L/yr - ₹8.5 L/yr 85% more
VE Commercial Vehicles Production & Quality Engineer Salary 0 - 6 years exp. (8 salaries)	₹0.1 L/yr - ₹2.7 L/yr 31% less

Production & Quality Engineer salary at POSCO MAHARASHTRA STEEL ranges between ₹3.4 Lakhs to ₹4.1 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

Experience wise POSCO MAHARASHTRA STEEL Production & Quality Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in POSCO MAHARASHTRA STEEL

Junior Engineer Salary

(41 salaries)

₹3.2 L/yr - ₹7 L/yr

Mechanical Engineer Salary

(17 salaries)

₹3.95 L/yr - ₹6.77 L/yr

Production Engineer Salary

(15 salaries)

₹3.5 L/yr - ₹8.02 L/yr

Executive Engineer Salary

(12 salaries)

₹3.8 L/yr - ₹8 L/yr

Quality Engineer Salary

(12 salaries)

₹2.45 L/yr - ₹4.2 L/yr

Officer 1 Salary

(9 salaries)

₹6.5 L/yr - ₹8 L/yr

Shift Incharge Salary

(9 salaries)

₹1.9 L/yr - ₹10.5 L/yr

Process Engineer Salary

(9 salaries)

₹3 L/yr - ₹7.05 L/yr

Graduate Engineer Trainee (Get) Salary

(7 salaries)

₹2.15 L/yr - ₹4 L/yr

Diploma Mechanical Engineer Salary

(7 salaries)

₹1.5 L/yr - ₹8 L/yr

Salary related reviews for POSCO MAHARASHTRA STEEL

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

Management Executive in Raigad

Procurement & Supply Chain Department

4.0

• posted on 29 Jun 2022

2.0

for Salary and Benefits

Likes

Best Quality Steel Manufacturer of India, Excellent Job security, Korean Management is excellent, Young Workforce, company providing better facilities to employee compared with competitors.

Skill development - Excellent

+1 more

Dislikes

Salary is poor/avarage for Employee below Managerial positions (less than they deserve, working for 8-9 years in company) and more for managers ( Higher than they deserve compared to value they brings to the table), Korean Management is supportive but Indian management is pathetic. No person in HR is from IIM or any other reputed university or having experiance working in similar company in an industry. Most of them are recruited by each other references and can't even speak proper English, some HR peoples are eating gutkha on regular basis. Indian HR management needs to change in order to improve companies internal structure, they are manipulative and self centred, most of policies are according to their understanding of how employee should be or what is best for employee. If employee talk about his salary, they will ask you to leave this company.

Salary - Poor

Executive Quality Control in Mangaon

Quality and technology Department

3.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

Work life balance is good and got lot of learning opportunities

Skill development - Good

+3 more

Dislikes

Company is not good for freshers who shart career with POSCO. Salary structure and professional growth is average and management policies are terrible for lower range employees

Salary - Poor

+1 more

Graduate Apprentice Trainee in Pune

Production, Manufacturing & Engineering Department

5.0

• posted on 15 Dec 2018

5.0

for Salary and Benefits

Likes

Posco Maharashtra steel is the best quality steel manufacturer company. I love that I am part of this company and Company Environment is very good, and all company employees are cooperative in nature..

Salary - Excellent

+6 more

Dislikes

Compensation is decent, but growth is slow.

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

see more salary related reviews

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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 Production & Quality Engineer Salary FAQs

What is the salary of Production & Quality Engineer at POSCO MAHARASHTRA STEEL ?

The average salary of a Production & Quality Engineer at POSCO MAHARASHTRA STEEL in India typically ranges from ₹3.4 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Production & Quality Engineer at POSCO MAHARASHTRA STEEL earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Production & Quality Engineer 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 8 POSCO MAHARASHTRA STEEL employees in India.

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

The estimated take-home salary of a Production & Quality Engineer at POSCO MAHARASHTRA STEEL in India typically ranges from ₹27,772 to ₹29,169 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 2 years to 7 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 8 salaries received from various employees of POSCO MAHARASHTRA STEEL. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than POSCO MAHARASHTRA STEEL for Production & Quality Engineer in India?

Rane Axle & Pressing

₹6.0 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by POSCO MAHARASHTRA STEEL, depending on the role and experience level.

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

The salary of a Production & Quality Engineer at companies similar to POSCO MAHARASHTRA STEEL in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kayjay Forging	₹2.4 Lakhs to ₹4.5 Lakhs per year
Crystal Industrial Syndicate	₹2.2 Lakhs to ₹3.8 Lakhs per year
VE Commercial Vehicles	₹0.1 Lakhs to ₹2.7 Lakhs per year
Kalyani Forge	₹1.9 Lakhs to ₹3.0 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 Production & Quality Engineer at POSCO MAHARASHTRA STEEL in India?

The salary growth for a Production & Quality Engineer at POSCO MAHARASHTRA STEEL depends on factors such as experience, performance, and promotions. On average, a Production & Quality Engineer can expect the following growth trajectory at POSCO MAHARASHTRA STEEL:

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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POSCO MAHARASHTRA STEEL Production & Quality Engineer Salaries

POSCO MAHARASHTRA STEEL Production & Quality Engineer salary in India ranges between ₹3.4 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 POSCO MAHARASHTRA STEEL latest salaries received from various employees of POSCO MAHARASHTRA STEEL.

POSCO MAHARASHTRA STEEL Production & Quality Engineer salaries in India

Companies similar to POSCO MAHARASHTRA STEEL for Production & Quality Engineer

Latest annual salaries shared by POSCO MAHARASHTRA STEEL Production & Quality Engineer

Experience wise POSCO MAHARASHTRA STEEL Production & Quality Engineer salaries

Similar Designation salaries in POSCO MAHARASHTRA STEEL

Salary related reviews for POSCO MAHARASHTRA STEEL

EOT Crane Operator in Pune

Management Executive in Raigad

Executive Quality Control in Mangaon

Graduate Apprentice Trainee in Pune

Executive in Mangaon

POSCO MAHARASHTRA STEEL Production & Quality Engineer Salary FAQs

Tell us how to improve this page.