Shakti Pumps Management Trainee Salaries by 8 Employees

0 - 1 year exp.

₹3 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

49% less than the average Management Trainee Salary in Industrial Machinery Companies for 0 - 1 year of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Management Trainee Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr
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Sales & Business Development Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr

Last Updated: 20 Dec 2024

Companies similar to Shakti Pumps for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Crompton Greaves Consumer Electricals Management Trainee Salary 0 - 5 years exp. (14 salaries)	₹15 L/yr - ₹19 L/yr 355% more
Kirloskar Brothers Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹5 L/yr 20% less
Login to view exact salary
Ksb Pumps Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹2.9 L/yr - ₹4 L/yr 8% less
C.R.I. Pumps Management Trainee Salary 0 - 3 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 11% more
V-Guard Industries Management Trainee Salary 0 - 5 years exp. (19 salaries)	₹10 L/yr - ₹17 L/yr 264% more
WPIL Management Trainee Salary 1 - 6 years exp. (3 salaries)	₹5.2 L/yr - ₹7.5 L/yr 62% more
Lakshmi Machine Works Management Trainee Salary 0 - 2 years exp. (7 salaries)	₹4 L/yr - ₹5 L/yr 27% more
Thermax Limited Management Trainee Salary 0 - 4 years exp. (7 salaries)	₹13 L/yr - ₹16 L/yr 286% more
Wipro Infrastructure Engineering Management Trainee Salary 1 - 4 years exp. (5 salaries)	₹1.1 L/yr - ₹4.2 L/yr 43% less
Kirloskar Oil Engines Management Trainee Salary 0 - 2 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 98% more
Rieter Management Trainee Salary 0 - 2 years exp. (4 salaries)	₹2 L/yr - ₹9.5 L/yr 50% more
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Management Trainee salary at Shakti Pumps ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of Shakti Pumps.

Experience wise Shakti Pumps Management Trainee salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3 L/yr - ₹4 L/yr
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1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

Similar Designation salaries in Shakti Pumps

Finance Executive Salary

(AmbitionBox Estimate)

₹3.9 L/yr - ₹4.9 L/yr

Accountant Salary

(6 salaries)

₹4 L/yr - ₹6.4 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Deputy Manager Salary

(38 salaries)

₹5.2 L/yr - ₹10.2 L/yr

Account Assistant Salary

(4 salaries)

₹1.5 L/yr - ₹5 L/yr

Senior Accounts Executive Salary

(8 salaries)

₹3.4 L/yr - ₹6.06 L/yr

Top skills at Shakti Pumps for Management Trainee

Product Promotion Documentation Interpersonal Skills Distribution Network Embedded Systems Communication Skills Excel Operations Presentation Skills Business Development Monitoring Firmware Team Management Sales Powerpoint

Salary related reviews for Shakti Pumps

2.0

Rated by 2 employees for salary & benefits

Design Executive in Pithampur

Research & Development Department

2.0

• posted on 24 May 2022

1.0

for Salary and Benefits

Likes

...elopment. But the work life balance and HR policies are worst for the employees. Also there is no timely appraisals and proper salary structure as per the industry standards.

Skill development - Good

Dislikes

Worst HR policies and compensations.

Salary - Bad

+5 more

Data Entry Operator in Industrial Area Pithampur Dist Dhar Mp

Cantroal panel dpt. Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is no such dislike point related to work

Production Engineer in Indore

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 28 Jun 2024

1.0

for Salary and Benefits

Likes

Shakti Pumps pvt Ltd is biggest group of Pithampur it's export to 125 country if talk about company profit 142 crore get this year Thare are many types of product manufacturers, assembly and machining also like as motor, startar,sour pannel, cable's and pipes.

Work satisfaction - Excellent

+2 more

Dislikes

Can't be determined

Salary - Bad

+3 more

Sales Officer in Buxar

Full Time

Sales & Business Development Department

5.0

• posted on 08 Aug 2023

3.0

for Salary and Benefits

Likes

Nice to work in shakti pumps got to learn a lot if company gives chance to work in bihar i would like to do it again

Skill development - Good

+3 more

Dislikes

The submersible rate of Shakti pumps is high, if it is reduced then it will give good results in states like Bihar.

Job security - Poor

+1 more

Business Development Manager in Pithampur

Full Time

Sales & Business Development Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

working culture is good, colleagues and senior keep healthy relation with each other.

Company culture - Good

Dislikes

No learning or skill development is Zero, Appraisal and extra benefit are zero. they change the rule according to their benefit.

Salary - Poor

+3 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Shakti Pumps Management Trainee Salary FAQs

What is the salary of Management Trainee at Shakti Pumps ?

The average salary of a Management Trainee at Shakti Pumps in India typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Management Trainee at Shakti Pumps earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Management Trainee Salaries at Shakti Pumps 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 Shakti Pumps employees in India.

What is the estimated take home salary of a Management Trainee at Shakti Pumps in India?

The estimated take-home salary of a Management Trainee at Shakti Pumps in India typically ranges from ₹27,385 to ₹28,788 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 Shakti Pumps. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Management Trainee at Shakti Pumps ?

To be a Management Trainee at Shakti Pumps in india, the key skills required include:

- Product Promotion
- Documentation
- Interpersonal Skills
- Distribution Network
- Embedded Systems

These skills are highly valued at Shakti Pumps and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Shakti Pumps for Management Trainee in India?

Crompton Greaves Consumer Electricals	₹15.0 Lakhs to ₹19.0 Lakhs per year
Thermax Limited	₹13.0 Lakhs to ₹16.0 Lakhs per year
V-Guard Industries	₹10.0 Lakhs to ₹17.0 Lakhs per year
Kirloskar Oil Engines	₹6.0 Lakhs to ₹8.0 Lakhs per year
WPIL	₹5.2 Lakhs to ₹7.5 Lakhs per year

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

What is the salary of a Management Trainee in companies similar to Shakti Pumps in India?

The salary of a Management Trainee at companies similar to Shakti Pumps in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Rieter	₹2.0 Lakhs to ₹9.5 Lakhs per year
Lakshmi Machine Works	₹4.0 Lakhs to ₹5.0 Lakhs per year
C.R.I. Pumps	₹4.0 Lakhs to ₹4.5 Lakhs per year
Ksb Pumps	₹2.9 Lakhs to ₹4.0 Lakhs per year
Kirloskar Brothers	₹1.5 Lakhs to ₹5.0 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 Management Trainee at Shakti Pumps in India?

The salary growth for a Management Trainee at Shakti Pumps depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Shakti Pumps:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.0 Lakhs per year
1 year	₹1.5 Lakhs to ₹4.0 Lakhs per year

and so on.

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Shakti Pumps Management Trainee Salaries

Shakti Pumps Management Trainee salary in India ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Shakti Pumps latest salaries received from various employees of Shakti Pumps.