Rashmi Group Jharsuguda Mechanical Engineer Salaries by 5 Employees (Updated 2025)

3 - 5 years exp.

₹3.1 Lakhs - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

29% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 3 - 5 years of experience

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Last Updated: 21 Feb 2025

Companies similar to Rashmi Group for Mechanical Engineer in Jharsuguda

Rashmi Group Mechanical Engineer Salary

3 - 5 years exp. (5 salaries)

₹3.1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
JSW Steel Mechanical Engineer Salary 7 - 14 years exp. (5 salaries)	₹3.6 L/yr - ₹10.5 L/yr 75% more
JSW Bhushan Power & Steel Mechanical Engineer Salary 3 - 13 years exp. (71 salaries)	₹2.9 L/yr - ₹7.6 L/yr 55% more
Login to view exact salary
Siemens Mechanical Engineer Salary 5 - 11 years exp. (22 salaries)	₹4.1 L/yr - ₹11.8 L/yr 106% more	1 job opening
Vedanta Aluminium Mechanical Engineer Salary 1 - 8 years exp. (17 salaries)	₹1.8 L/yr - ₹9 L/yr 43% more
TKIL Mechanical Engineer Salary 3 - 10 years exp. (16 salaries)	₹3 L/yr - ₹7.4 L/yr 63% more

Mechanical Engineer salary at Rashmi Group ranges between ₹3.1 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Rashmi Group.

Experience wise Rashmi Group Mechanical Engineer salaries in Jharsuguda

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

Similar Designation salaries in Rashmi Group

Senior Engineer Salary

(4 salaries)

₹4.5 L/yr - ₹6 L/yr

Assistant Engineer Salary

(3 salaries)

₹2 L/yr - ₹3.72 L/yr

Salary related reviews for Rashmi Group

5.0

Rated by 1 employees for salary & benefits

Assistant Engineer in Kharagpur

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 30 May 2024

1.0

for Salary and Benefits

Likes

Company offers good career opportunities learn more things.

Skill development - Good

+1 more

Dislikes

...ny feel that the compensation does not match the workload or industry standards. Improving salary structures could greatly enhance employee retention and satisfaction.

Salary - Bad

+4 more

Assistant Engineer in Kolkata

Assistant engineer Department

5.0

• posted on 29 May 2019

5.0

for Salary and Benefits

Likes

... training to freshers. Employees are feeling better secure about their job here. salary is provided time to time and yearly performance bonus and increased salary. It's working environment and culture is friendly

Salary - Excellent

+6 more

Dislikes

I have no bad experience with the company

Senior Civil Executive in Kharagpur

Full Time

Construction & Site Engineering Department

4.0

• posted on 29 Nov 2024

3.0

for Salary and Benefits

Likes

Freedom to work, For freshers its like heaven to work for, freedom to learn, apart salary on time, increment on time, bonus on time, leave is like govt job even more than that you can take leave as per your suits depending upon urgency of work at site, Management and owner of the company is down to earth. Company is growing very first though I have left the company recently due to further career growth along with certainly of the reason of low salary. I would love to join them in future

Promotions - Good

+1 more

Dislikes

Well to be very frank presently company is in growing stage and the basic amenities like canteen, guesthouse facilities, buses to plants yet to be improve more. But the management is trying their best. One suggestion to company about accomodation kindly accomodate staffs as per their respective post or nearer post in the guest house. Otherwise Roxy guest is like home away from home

Executive Accountant in Kolkata

Full Time

Finance & Accounting Department

3.0

• posted on 29 Apr 2024

2.0

for Salary and Benefits

Likes

Job security and friendly staff

Job security - Good

Dislikes

Salary lower than industry average, Salary given very late around 15th of every month, have to get in within 10:20 even 1min late will impact your salary after 3 consecutive lates as such. very bad hr policies exploiting freshers by not giving salary structure and appointment letter promptly.

Salary - Poor

+4 more

Senior Legal Officer in Kharagpur

Full Time

Legal & Regulatory Department

1.0

• posted on 15 Nov 2023

1.0

for Salary and Benefits

Likes

...hese creeps. People are like maggots, parasites. Company will be in danger soon. Overall if there is other option which gives me half of the salary i will join that rather joining this company again.

Dislikes

Everything is on dislike side. Nothing to say much.

Salary - Bad

+6 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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Rashmi Group Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Rashmi Group in Jharsuguda?

The average salary of a Mechanical Engineer at Rashmi Group in Jharsuguda typically ranges from ₹3.1 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Mechanical Engineer in Jharsuguda at Rashmi Group earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Mechanical Engineer Salaries at Rashmi Group 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 5 Rashmi Group employees in India.

What is the estimated take home salary of a Mechanical Engineer at Rashmi Group in Jharsuguda?

The estimated take-home salary of a Mechanical Engineer at Rashmi Group in Jharsuguda typically ranges from ₹24,578 to ₹26,023 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 salaries received from various employees of Rashmi Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Rashmi Group for Mechanical Engineer in India?

Siemens	₹4.1 Lakhs to ₹11.8 Lakhs per year
JSW Steel	₹3.6 Lakhs to ₹10.5 Lakhs per year
TKIL	₹3.0 Lakhs to ₹7.4 Lakhs per year
JSW Bhushan Power & Steel	₹2.9 Lakhs to ₹7.6 Lakhs per year
Vedanta Aluminium	₹1.8 Lakhs to ₹9.0 Lakhs per year

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

How the salary growth look like for a Mechanical Engineer at Rashmi Group in Jharsuguda?

The salary growth for a Mechanical Engineer at Rashmi Group in Jharsuguda depends on factors such as experience, performance, and promotions. On average, a Mechanical Engineer in Jharsuguda can expect the following growth trajectory at Rashmi Group:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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Rashmi Group Mechanical Engineer Salaries in Jharsuguda

Rashmi Group Mechanical Engineer salary in Jharsuguda ranges between ₹3.1 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Rashmi Group latest salaries received from various employees of Rashmi Group.