Shyam Ferro Alloys Assistant Engineer Mechanical Salaries by 5 Employees

4 - 5 years exp.

₹2.5 Lakhs - ₹4.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Assistant Engineer Mechanical Salary in Iron & Steel Companies for 4 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Engineer Mechanical Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Construction & Site Engineering Assistant Engineer Mechanical Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr
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Research & Development Assistant Engineer Mechanical Salary 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 29 Sep 2023

Companies similar to Shyam Ferro Alloys for Assistant Engineer Mechanical

Company name	Avg Annual Salary	Open Jobs
Jindal Stainless Assistant Engineer Mechanical Salary 5 - 13 years exp. (40 salaries)	₹3.8 L/yr - ₹6 L/yr 46% more
Uttam Value Steels Assistant Engineer Mechanical Salary 2 - 3 years exp. (9 salaries)	₹2.9 L/yr - ₹3.8 L/yr 15% less
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Jai Balaji Group Assistant Engineer Mechanical Salary 2 - 8 years exp. (9 salaries)	₹2 L/yr - ₹3 L/yr 31% less
Steel Exchange Assistant Engineer Mechanical Salary 4 - 8 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr At par
Beekay Steel Industries Assistant Engineer Mechanical Salary 1 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹2.4 L/yr 41% less
Aarti Steels Assistant Engineer Mechanical Salary 1 - 2 years exp. (6 salaries)	₹2.4 L/yr - ₹3.2 L/yr 27% less
MSP Steel & Power Assistant Engineer Mechanical Salary 1 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 33% less
Sarda Energy & Minerals Assistant Engineer Mechanical Salary 6 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹3.2 L/yr 20% less
Kirloskar Ferrous Industries Assistant Engineer Mechanical Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr 22% less
Godawari Power & Ispat Assistant Engineer Mechanical Salary 5 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹3.3 L/yr 14% less
Usha Martin Assistant Engineer Mechanical Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3.6 L/yr 25% less
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Assistant Engineer Mechanical salary at Shyam Ferro Alloys ranges between ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Shyam Ferro Alloys.

Experience wise Shyam Ferro Alloys Assistant Engineer Mechanical salaries

Last Updated: 29 Sep 2023

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr
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5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in Shyam Ferro Alloys

Assistant Engineer Salary

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Junior Engineer Salary

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₹2 L/yr - ₹2.4 L/yr

Graduate Engineer Trainee (Get) Salary

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Electrical Maintenance Engineer Salary

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₹2.2 L/yr - ₹6 L/yr

Production Manager Salary

(5 salaries)

₹8 L/yr - ₹13 L/yr

Junior Engineer Mechanical Maintenance Salary

(4 salaries)

₹1.6 L/yr - ₹2.8 L/yr

Diploma Mechanical Engineer Salary

(4 salaries)

₹1 L/yr - ₹1.85 L/yr

Mechanical Maintenance Engineer Salary

(4 salaries)

₹1.95 L/yr - ₹4.2 L/yr

Shift Incharge Salary

(4 salaries)

₹1.1 L/yr - ₹2.5 L/yr

Shift Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Salary related reviews for Shyam Ferro Alloys

Accountant in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 18 Feb 2023

3.0

for Salary and Benefits

Likes

All seniors are really helpful. Best place to gather practical knowledge about how to accounting process work through & how to manage account profile in manufacturing industries.

Skill development - Good

Dislikes

... paid & they are put extra load for account process. Pay scale is also an issue. Huge difference (low) in salary for account assistant. Also salary appraisal not depend by performance.

Junior Accounts Executive in Topsia, Kolkata

Finance & Accounting Department

2.0

• posted on 15 Jul 2022

2.0

for Salary and Benefits

Likes

Shift Timing , Punctual salary credit date, Free parking.

Dislikes

Management is not understand our issues, salary scale very low for Junior level employees, no leaves there if u take leave they would cut your salary for the day.... The accounts hod NK pandey is totally scolding and iritating. He always talk about adult and shity things. Always do personal attack to all employees. And his voice like fata bans. He always busy in his personal work and also done his personal work by employees who are working under him, also he is not done his office work by himself, all the employees do and mailed the report to him and he only forward those mail to higher authorities. And always insult other employees with his cheap & slang language...

Salary - Poor

+5 more

Vice President Sales & Marketing in New Delhi

Full Time

Strategic & Top Management Department

5.0

• posted on 29 Jan 2025

4.0

for Salary and Benefits

Likes

"Management is highly progressive, focused on developing skills and embracing new technologies. As a newcomer to the retail industry, it will take time to establish the brand and solidify its market position. However, with dedication and a clear vision, success is assured."

Salary - Good

+6 more

Dislikes

Efforts require to improve the skills and working culture.

Senior Chemist in Durgapur

Full Time

Quality Assurance Department

4.0

• posted on 19 Nov 2022

3.0

for Salary and Benefits

Likes

Large infrastructure & projects in Shyam Ferro Alloys ltd. To learned more about production & mechanical maintenance. The working environment is cool, our seniors, co-staff are very cooperating but little bit dust found in plant area. At the point of view plant is good.

Job security - Excellent

+3 more

Dislikes

Dust found because of so many plant & industries are there.

Project Engineer

Construction & Site Engineering Department

3.0

• posted on 14 Dec 2018

3.0

for Salary and Benefits

Likes

Good place for learning this company give me opportunity to perform my skills it give me respect that we all want good working environment overall good place for newcomers

Skill development - Excellent

+3 more

Dislikes

Main problem in this plant is pollution and you have to be very fast in every situation

Company culture - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shyam Ferro Alloys Assistant Engineer Mechanical Salary FAQs

What is the salary of Assistant Engineer Mechanical at Shyam Ferro Alloys ?

The average salary of a Assistant Engineer Mechanical at Shyam Ferro Alloys in India typically ranges from ₹2.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Assistant Engineer Mechanical at Shyam Ferro Alloys earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Assistant Engineer Mechanical Salaries at Shyam 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 5 Shyam Ferro Alloys employees in India.

What is the estimated take home salary of a Assistant Engineer Mechanical at Shyam Ferro Alloys in India?

The estimated take-home salary of a Assistant Engineer Mechanical at Shyam Ferro Alloys in India typically ranges from ₹26,158 to ₹27,580 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 4 years to 5 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 5 salaries received from various employees of Shyam Ferro Alloys. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shyam Ferro Alloys for Assistant Engineer Mechanical in India?

Jindal Stainless

₹3.8 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Assistant Engineer Mechanical in companies similar to Shyam Ferro Alloys in India?

The salary of a Assistant Engineer Mechanical at companies similar to Shyam Ferro Alloys in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Steel Exchange	₹3.0 Lakhs to ₹4.5 Lakhs per year
Godawari Power & Ispat	₹2.8 Lakhs to ₹3.3 Lakhs per year
Uttam Value Steels	₹2.9 Lakhs to ₹3.8 Lakhs per year
Sarda Energy & Minerals	₹2.1 Lakhs to ₹3.2 Lakhs per year
Kirloskar Ferrous Industries	₹2.4 Lakhs to ₹3.0 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 Assistant Engineer Mechanical at Shyam Ferro Alloys in India?

The salary growth for a Assistant Engineer Mechanical at Shyam Ferro Alloys depends on factors such as experience, performance, and promotions. On average, a Assistant Engineer Mechanical can expect the following growth trajectory at Shyam Ferro Alloys:

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹4.2 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Shyam Ferro Alloys Assistant Engineer Mechanical Salaries

Shyam Ferro Alloys Assistant Engineer Mechanical salary in India ranges between ₹2.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Shyam Ferro Alloys latest salaries received from various employees of Shyam Ferro Alloys.