Shipping Corporation of India Cost Trainee Salaries by 4 Employees

0 - 3 years exp.

₹1 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Cost Trainee Salary in Logistics Companies for 0 - 3 years of experience

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Last Updated: 7 Dec 2023

Companies similar to Shipping Corporation of India for Cost Trainee

Company name	Avg Annual Salary	Open Jobs
DHL Supply Chain Cost Trainee Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹5.5 L/yr 137% more
Indian Oil Corporation Cost Trainee Salary 0 - 6 years exp. (36 salaries)	₹2 L/yr - ₹3 L/yr 42% more
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Colgate Palmolive Cost Trainee Salary 0 - 3 years exp. (22 salaries)	₹3 L/yr - ₹5.5 L/yr 124% more
Mazagon Dock Cost Trainee Salary 0 - 3 years exp. (18 salaries)	₹1.8 L/yr - ₹2.5 L/yr 10% more
Food Corporation of India Cost Trainee Salary 0 - 4 years exp. (17 salaries)	₹1.2 L/yr - ₹2.2 L/yr 5% less

Cost Trainee salary at Shipping Corporation of India ranges between ₹1 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Shipping Corporation of India.

Experience wise Shipping Corporation of India Cost Trainee salaries

Last Updated: 7 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Shipping Corporation of India

Accountant Salary

(4 salaries)

₹1.9 L/yr - ₹4.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(14 salaries)

₹13.5 L/yr - ₹26.33 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Financial Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Shipping Corporation of India

Marine Captain / Master Mariner in Mumbai

Shipping & Maritime Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

It is PSU so have all the required rules and regulations in place. So it is good working on thier ships so that you dont end up in problem in Indian/Forgein ports.

Skill development - Good

+3 more

Dislikes

The salary is taxable as you never become NRI in a financial year. Myself being on contract, I am on lower priority for getting a ship than the company's regular employees.

Promotions - Poor

Night Master in Mumbai

Shipping & Maritime Department

4.0

• posted on 24 Oct 2019

4.0

for Salary and Benefits

Likes

Being a PSU, Job guarantee is there. Compensation is assured. salary comes in time.

Salary - Good

+5 more

Dislikes

Being a PSU, Worker union and shore staff un-cooperation makes difficult during working field on board.Growth is slow. No job training . Seniors completely depend on junior officer at office.

Marine Engineer in Mumbai

Shipping & Maritime Department

1.0

• posted on 30 Sep 2018

1.0

for Salary and Benefits

Likes

This would be the number one worst company to opt for..u don't get treated gud and no proper facilities provided and alsothey pay u the least for what u expect..do not join Sci

Dislikes

The worst thing is the staff at office.all the old people are sitting there doing nothing and getting paid....day by day they keep u waiting and the whole system is outdated...they call u to office even for small thing rather than doing it online...they don't follow new systems or easy methods

Salary - Bad

+6 more

Able Seaman in Kolkata

Shipping & Maritime Department

5.0

• posted on 12 Oct 2018

2.0

for Salary and Benefits

Likes

... during working .job security in shipping Corporate are negative.career are nil.salary are poor as per ITF environment are good all officers and crew as friendly work together.work life balance are average.So

Skill development - Good

Dislikes

...ces and Master . there is no job security in Sci.Career are nil in this company.and salary are very poor as per ITF.there are huge politics among office and crew.work balance are not good.

Salary - Poor

+4 more

Third Engineer in Mumbai

Production, Manufacturing & Engineering Department

4.0

• posted on 04 May 2018

3.0

for Salary and Benefits

Likes

...career growth prospective is much higher than other companies in the same field. Salary as compared to Indian companies is at par with the others but if compared to foreign companies is much lesser than what u can get in out of India based employers in the same field.

Skill development - Good

+3 more

Dislikes

Salary is much lesser than that provided by the foreign shipping companies.

see more salary related reviews

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Shipping Corporation of India Cost Trainee Salary FAQs

What is the salary of Cost Trainee at Shipping Corporation of India ?

The average salary of a Cost Trainee at Shipping Corporation of India in India typically ranges from ₹1.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Cost Trainee at Shipping Corporation of India earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Cost Trainee Salaries at Shipping Corporation of India 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 4 Shipping Corporation of India employees in India.

What is the estimated take home salary of a Cost Trainee at Shipping Corporation of India in India?

The estimated take-home salary of a Cost Trainee at Shipping Corporation of India in India typically ranges from ₹13,037 to ₹14,435 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 4 salaries received from various employees of Shipping Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shipping Corporation of India for Cost Trainee in India?

DHL Supply Chain	₹2.8 Lakhs to ₹5.5 Lakhs per year
Colgate Palmolive	₹3.0 Lakhs to ₹5.5 Lakhs per year
Indian Oil Corporation	₹2.0 Lakhs to ₹3.0 Lakhs per year
Mazagon Dock	₹1.8 Lakhs to ₹2.5 Lakhs per year

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

What is the salary of a Cost Trainee in companies similar to Shipping Corporation of India in India?

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

Food Corporation of India

₹1.2 Lakhs to ₹2.2 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 Cost Trainee at Shipping Corporation of India in India?

The salary growth for a Cost Trainee at Shipping Corporation of India depends on factors such as experience, performance, and promotions. On average, a Cost Trainee can expect the following growth trajectory at Shipping Corporation of India:

Experience	Average Salary Range
Fresher	₹0.9 Lakhs to ₹1.1 Lakhs per year
2 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Shipping Corporation of India Cost Trainee Salaries

Shipping Corporation of India Cost Trainee salary in India ranges between ₹1 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shipping Corporation of India latest salaries received from various employees of Shipping Corporation of India.