Shri Mahavir Ferro Alloys Rourkela Assistant Manager Salaries by 10+ Employees (Updated 2025)

5 - 16 years exp.

₹2.4 Lakhs - ₹7.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

43% less than the average Assistant Manager Salary in Iron & Steel Companies for 5 - 16 years of experience

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Last Updated: 3 Apr 2025

Companies similar to Shri Mahavir Ferro Alloys for Assistant Manager in Rourkela

Shri Mahavir Ferro Alloys Assistant Manager Salary

5 - 16 years exp. (18 salaries)

₹2.4 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Dalmia Bharat Cement Assistant Manager Salary 7 - 17 years exp. (16 salaries)	₹6.5 L/yr - ₹15 L/yr 108% more
Rungta Mines Assistant Manager Salary 9 - 16 years exp. (13 salaries)	₹5 L/yr - ₹10 L/yr 60% more
Login to view exact salary
Ocl Iron & Steel Assistant Manager Salary 9 - 23 years exp. (8 salaries)	₹4.7 L/yr - ₹6 L/yr At par
Steel Authority Of India Assistant Manager Salary 3 - 6 years exp. (7 salaries)	₹12.5 L/yr - ₹16.5 L/yr 216% more
IFGL Refractories Assistant Manager Salary 9 - 12 years exp. (6 salaries)	₹4.5 L/yr - ₹7.8 L/yr 13% more

Assistant Manager salary at Shri Mahavir Ferro Alloys ranges between ₹2.4 Lakhs to ₹7.2 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 18 latest salaries received from various employees of Shri Mahavir Ferro Alloys.

Latest annual salaries shared by Shri Mahavir Ferro Alloys Assistant Manager in Rourkela

1w ago

₹6.5 Lakhs

7 years exp.

6mo ago

₹5.4 Lakhs

8 years exp.

8mo ago

₹6 Lakhs

14 years exp.

10mo ago

₹5.8 Lakhs

10 years exp.

1y ago

₹7.2 Lakhs

15 years exp.

1y ago

8 years exp.

1y ago

13 years exp.

1y ago

11 years exp.

1y ago

16 years exp.

Experience wise Shri Mahavir Ferro Alloys Assistant Manager salaries in Rourkela

Last Updated: 3 Apr 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
Login to view exact salary
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
8 years (4 salaries)	₹2.4 L/yr - ₹5.4 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
12 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
15+ years (3 salaries)	₹4.2 L/yr - ₹7.2 L/yr

View all

Similar Designation salaries in Shri Mahavir Ferro Alloys

Deputy Manager Salary

(9 salaries)

₹3.85 L/yr - ₹11.9 L/yr

Sales Manager Salary

(4 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Assistant Store Manager Salary

(3 salaries)

₹3 L/yr - ₹6 L/yr

Salary related reviews for Shri Mahavir Ferro Alloys

3.0

Rated by 6 employees for salary & benefits

Assistant Manager Electrical in Rourkela

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Dec 2023

2.0

for Salary and Benefits

Likes

It's a good and reputed company ..i am grateful to work here ..as i was passing my iti ..I started working here as a foreman.. overall good company

Dislikes

...re no basic hike ...as and when ..i promoted as a manager still I paid less ....i given my so many years to this company but no bonus and no appreciation provided 😞

Salary - Poor

+4 more

Graduate Engineer Trainee (Get) in Rourkela

Full Time

Other Department

4.0

• posted on 15 Aug 2023

3.0

for Salary and Benefits

Likes

The project that is going on in the plant helps to learn about the machines, it's work principle, any defects to be noticed when the machine stops and also helps in learning how to manage projects.

Skill development - Good

+2 more

Dislikes

...very long and the timing is so odd that the whole day gets wasted in the office. And the salary is given on 7th of the month.

Assistant Data Analysis Manager in Rourkela

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 07 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to like They will never let you go

Job security - Excellent

Dislikes

No Employee management No salary on time Make you do any kind of work not in jd Nothing much to learn and take away from here They will not give offer letter

Salary - Bad

+5 more

Passing Officer in Rourkela

Full Time

Procurement & Supply Chain Department

1.0

• posted on 07 Apr 2023

1.0

for Salary and Benefits

Likes

A BIG ZERO ZERO NOTHING TO LIKE

Dislikes

WORST COMPANY UTILIZING LOCAL STAFF PEOPLE AS THEIR ASSETS USED TILL THEY CONSUMED FROM THE STAFF FOR WHAT THEY GAVE SALARY.SALARY GIVEN BY COMPANY IS ONLY FOR BREAD AND BUTTER YOU CAN'T SAVE FOR YOUR FUTURE GROWTH ALL SALARY WILL BE GONE IN MAINTAINING FOOD AND SHELTER

Salary - Bad

+6 more

Billing Operator in Rourkela

Full Time

Quality Assurance Department

1.0

• posted on 20 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to like in this company it's all over a very big plant with very bad management.

Dislikes

Job not secure here. No good salary, no safety measures follow, no bonus not future safe of employees and labour.

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Shri Mahavir Ferro Alloys Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela?

The average salary of a Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela typically ranges from ₹2.4 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Assistant Manager in Rourkela at Shri Mahavir Ferro Alloys earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹7.2 Lakhs per year. Assistant Manager Salaries at Shri Mahavir Ferro Alloys 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 10+ Shri Mahavir Ferro Alloys employees in India.

What is the estimated take home salary of a Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela?

The estimated take-home salary of a Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela typically ranges from ₹38,676 to ₹39,861 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 5 years to 16 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 10+ salaries received from various employees of Shri Mahavir Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shri Mahavir Ferro Alloys for Assistant Manager in India?

Steel Authority Of India	₹12.5 Lakhs to ₹16.5 Lakhs per year
Dalmia Bharat Cement	₹6.5 Lakhs to ₹15.0 Lakhs per year
Rungta Mines	₹5.0 Lakhs to ₹10.0 Lakhs per year
IFGL Refractories	₹4.5 Lakhs to ₹7.8 Lakhs per year
Ocl Iron & Steel	₹4.7 Lakhs to ₹6.0 Lakhs per year

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

How the salary growth look like for a Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela?

The salary growth for a Assistant Manager at Shri Mahavir Ferro Alloys in Rourkela depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Rourkela can expect the following growth trajectory at Shri Mahavir Ferro Alloys:

Experience	Average Salary Range
5 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
6 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years	₹4.4 Lakhs to ₹5.7 Lakhs per year
8 years	₹2.4 Lakhs to ₹5.4 Lakhs per year

and so on.

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Shri Mahavir Ferro Alloys Assistant Manager Salaries in Rourkela

Shri Mahavir Ferro Alloys Assistant Manager salary in Rourkela ranges between ₹2.4 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Shri Mahavir Ferro Alloys latest salaries received from various employees of Shri Mahavir Ferro Alloys.