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Rieco Industries Management Trainee salaries in India

Annual salary range
0 - 2 years exp.
₹9.7 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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94% more than the average Management Trainee Salary for 0 - 2 years of experience

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Salaries in different departments

Strategic & Top Management
Management Trainee Salary
0 - 1 year exp. (3 salaries)
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₹14.8 L/yr - ₹15.5 L/yr

Procurement & Supply Chain
Management Trainee Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.3 L/yr

Last Updated: 18 Jan 2025

Companies similar to Rieco Industries for Management Trainee

Company name Avg Annual Salary Open Jobs
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TKIL Management Trainee Salary

0 - 3 years exp. (4 salaries)

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₹13.9 L/yr - ₹18 L/yr

arrow icon 6% more
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BHEL Management Trainee Salary

0 - 2 years exp. (6 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 88% less
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Thermax Limited Management Trainee Salary

0 - 3 years exp. (7 salaries)

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₹13 L/yr - ₹16 L/yr

arrow icon 1% more
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Siemens Management Trainee Salary

0 - 3 years exp. (5 salaries)

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₹3.1 L/yr - ₹9.1 L/yr

arrow icon 65% less
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₹1.8 L/yr - ₹9 L/yr

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 60% less
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Voltas Management Trainee Salary

0 - 2 years exp. (14 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 56% less
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₹1.5 L/yr - ₹5 L/yr

arrow icon 79% less
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₹15.3 L/yr - ₹19 L/yr

arrow icon 19% more
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Genius Consultants Management Trainee Salary

0 - 1 year exp. (24 salaries)

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₹1 L/yr - ₹2.4 L/yr

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₹4.1 L/yr - ₹13.6 L/yr

arrow icon 37% less
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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 76% less
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Apotex Research Management Trainee Salary

0 - 1 year exp. (4 salaries)

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₹2.2 L/yr - ₹9 L/yr

arrow icon 60% less
Management Trainee salary at Rieco Industries ranges between ₹9.7 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Rieco Industries.

Latest annual salaries shared by Rieco Industries Management Trainee

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Experience wise Rieco Industries Management Trainee salaries

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹6 L/yr - ₹15.5 L/yr
1 year  (4 salaries)

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₹9.7 L/yr - ₹15.5 L/yr
2 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹24.3 L/yr

Similar Designation salaries in Rieco Industries

Team Lead Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
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₹3.8 L/yr - ₹4 L/yr
Deputy Manager Salary
(13 salaries)
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₹8.5 L/yr - ₹13.06 L/yr

Salary related reviews for Rieco Industries

1.2

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 12 May 2023

1.0
 for  Salary and Benefits

Likes

Flexibility in working.

Dislikes

...are in good books of MD get promoted. There is no respect for Seniors at all. Salary raise is Put in Variable Pay and at the end of the year, they say your performance is not good and they dont give you good rating. No views from Seniors are considered. Only what MD says is to be heard.

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APC sales Engineer West Zone Department

4.0
  •  posted on 01 Feb 2019

3.0
 for  Salary and Benefits

Likes

Decent staff. Travelling allowances are good

Dislikes

CTC is quit good but your salary in hand is too low. Work culture is avarage. Growth is poor. There are no training sessions directly you have to start workin and self learning.

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Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 03 Aug 2024

4.0
 for  Salary and Benefits

Likes

I've been working at RIECO for the last 3 years and started my professional journey with RIECO which helped me grow as a human & a professional with immense opportunities in sales & marketing. The work culture is great & the flexibility I get without micromanaging helped me figure things out on my own here.

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Dislikes

There has been a lot of reorganizing & restructuring which does not let you settle down here. Management wants to experiment with the way the engineering practices & sales are done which eventually hurts ongoing projects & leads to the wrath of clients. The canteen service at Head office is excellent, but the quality goes down at another office location.

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Full Time

 · 

Production, Manufacturing & Engineering Department

4.0
  •  posted on 25 Nov 2023

4.0
 for  Salary and Benefits

Likes

Good product mix provides excellent learning opportunities. Handling complexities help develop the people in process into very experienced resources.

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Dislikes

Inconsistent policy and adhoc decision making at the top

Sales & Marketing Department

3.0
  •  posted on 22 Oct 2021

5.0
 for  Salary and Benefits

Likes

Liberal culture , Good people less of corporate politics

Dislikes

Too many Retired old school (read Government type) employees , Don’t take responsibility but have all the authority, decision making is too slow by these old leaders , However young leaders are equally dynamic

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Rieco Industries Management Trainee Salary FAQs

What is the salary of Management Trainee at Rieco Industries?
Management Trainee salary at Rieco Industries in India ranges between ₹9.7 Lakhs to ₹15.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 94% more than the average Management Trainee Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Rieco Industries India.
How does the salary of a Management Trainee at Rieco Industries India compare with the average salary range for this job?
The average salary of a Management Trainee at Rieco Industries is 94% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.
Which similar companies are paying more than Rieco Industries to a Management Trainee in India?
  • Crompton Greaves Consumer Electricals Management Trainee Salary - ₹15.3 Lakhs to ₹19.0 Lakhs per year
  • TKIL Management Trainee Salary - ₹13.9 Lakhs to ₹18.0 Lakhs per year
  • Thermax Limited Management Trainee Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Management Trainee in companies similar to Rieco Industries in India?
  • CTS Consulting & Technical Support Management Trainee Salary - ₹4.1 Lakhs to ₹13.6 Lakhs per year
  • Larsen & Toubro Limited Management Trainee Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
  • Voltas Management Trainee Salary - ₹2.0 Lakhs to ₹8.0 Lakhs per year
  • Godrej & Boyce Manufacturing Management Trainee Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
  • Apotex Research Management Trainee Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Management Trainee at Rieco Industries in India?
The estimated take-home salary of a Management Trainee at Rieco Industries ranges between ₹98,850 per month to ₹1,01,534 per month in India. The take-home salary calculation is based on the average Rieco Industries Management Trainee salary in India which ranges between ₹9.7 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Management Trainee at Rieco Industries?
According to AmbitionBox, 100% of the Rieco Industries Management Trainees reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Rieco Industries Management Trainee salary in India ranges between ₹9.7 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Rieco Industries latest salaries received from various employees of Rieco Industries.