Reliance Power Mumbai Management Trainee Salaries by 4 Employees (Updated 2024)

0 - 1 year exp.

₹2 Lakhs - ₹9 Lakhs

Salary of majority employees

36% less than the average Management Trainee Salary in Power Companies for 0 - 1 year of experience

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Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹6 L/yr
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Legal & Regulatory Management Trainee Salary Fresher (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 8 Jul 2024

Companies similar to Reliance Power for Management Trainee in Mumbai

Reliance Power Management Trainee Salary

0 - 1 year exp. (4 salaries)

₹2 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Power Management Trainee Salary 0 - 5 years exp. (17 salaries)	₹6.5 L/yr - ₹18 L/yr 146% more
Adani Group Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹8 L/yr - ₹14.5 L/yr 89% more
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ICICI Bank Management Trainee Salary 0 - 4 years exp. (321 salaries)	₹9 L/yr - ₹20 L/yr 182% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (109 salaries)	₹3.9 L/yr - ₹13 L/yr 51% more
Punjab and Maharashtra Co-operative Bank Management Trainee Salary 1 - 6 years exp. (98 salaries)	₹1.2 L/yr - ₹3 L/yr 62% less

Management Trainee salary at Reliance Power ranges between ₹2 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Reliance Power.

Experience wise Reliance Power Management Trainee salaries in Mumbai

Last Updated: 8 Jul 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2 L/yr - ₹9 L/yr
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1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Reliance Power

Accountant Salary

(3 salaries)

₹7.5 L/yr - ₹10.8 L/yr

Salary related reviews for Reliance Power

Senior Manager in Pokaran

Full Time

Energy & Mining Department

5.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

...crement in between 8-10-12% of your CTC. C-OFF policy for doing work on holiday. Night duty compensation.

Dislikes

PLI policy is not desirable. PLI is calculated for FY, but you will get it approx 6 month later. If you leave organisation before declaration of PLI, you will not be eligible for this, though you serve more than a Year.

Manager in Singrauli

Full Time

Energy & Mining Department

3.0

• posted on 21 Sep 2024

3.0

for Salary and Benefits

Likes

Working Culture, Management, Man power management, Employee benefits.

Dislikes

Pay structure is not standardized as per market. Job role distribution is adequate. Roles and responsibilities is non proportional to the pay structure. Top management employees have extremely high pay but the medium and lower grade employees are under paid.

Senior Executive in Shahjahanpur

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 09 Sep 2024

2.0

for Salary and Benefits

Likes

1- Township is good. 2- Plant location is good

Dislikes

1- Salary of JEC cader is very very poor. 2- 16% of your CTC is get deducted as PLI and return after minimum 18 months later. No one get 100% PLI as mentioned in CTC. Maximum 80-90% is given back to employ.

Power Plant Engineer in Singrauli

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 19 Jun 2023

3.0

for Salary and Benefits

Likes

It's India fourth largest power plant in term of power generation so u have lot of learning if u are joined early stage of career and work culture is so supportive.

Dislikes

Company accommodation and salary structure are not as per power industries.

Assistant Manager in Shahjahanpur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 01 May 2023

3.0

for Salary and Benefits

Likes

Rosa Power one of the best thermal power plant in India which is closer to State Capital Lucknow and also Country capital New Delhi

Dislikes

There is only issue for Diploma Engineers career path and also salary related issues for them but best for graduates engineer in all terms.

see more salary related reviews

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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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Reliance Power Management Trainee Salary FAQs

What is the salary of Management Trainee at Reliance Power Mumbai?

Management Trainee salary at Reliance Power in Mumbai ranges between ₹2.0 Lakhs to ₹9.0 Lakhs for less than 1 year of experience. According to our estimates it is 36% less than the average Management Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Reliance Power Mumbai.

How does the salary of a Management Trainee at Reliance Power Mumbai compare with the average salary range for this job?

The average salary of a Management Trainee at Reliance Power is 36% less than the average salary of a Management Trainee in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Reliance Power to a Management Trainee in Mumbai?

ICICI Bank Management Trainee Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Tata Power Management Trainee Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Adani Group Management Trainee Salary - ₹8.0 Lakhs to ₹14.5 Lakhs per year
HDFC Bank Management Trainee Salary - ₹3.9 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Reliance Power in Mumbai?

Punjab and Maharashtra Co-operative Bank Management Trainee Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Management Trainee at Reliance Power in Mumbai?

The estimated take-home salary of a Management Trainee at Reliance Power ranges between ₹43,589 per month to ₹44,700 per month in Mumbai. The take-home salary calculation is based on the average Reliance Power Management Trainee salary in India which ranges between ₹2.0 Lakhs to ₹9.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Management Trainee at Reliance Power in Mumbai?

According to AmbitionBox, 50% of the Reliance Power Management Trainees in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Reliance Power Management Trainee Salaries in Mumbai

Reliance Power Management Trainee salary in Mumbai ranges between ₹2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Reliance Power latest salaries received from various employees of Reliance Power.