Shyam Ferro Alloys Diploma Mechanical Engineer Salaries by 4 Employees

1 - 2 years exp.

₹1 Lakh - ₹1.9 Lakh

Salary of majority employees

47% less than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 1 - 2 years of experience

Interested in this particular role?

Last Updated: 22 Feb 2024

Companies similar to Shyam Ferro Alloys for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Jindal Stainless Diploma Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.5 L/yr - ₹4.2 L/yr 133% more
Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary 1 - 14 years exp. (5 salaries)	₹1.3 L/yr - ₹8 L/yr 229% more
Login to view exact salary
Ratnamani Metals and Tubes Diploma Mechanical Engineer Salary 0 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹2 L/yr 15% more
Jai Balaji Group Diploma Mechanical Engineer Salary 5 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.6 L/yr 85% more
MM Forgings Diploma Mechanical Engineer Salary 4 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr 82% more
Mukand Limited Diploma Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹1.6 L/yr - ₹6.5 L/yr 76% more
ISMT Diploma Mechanical Engineer Salary 0 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹3.5 L/yr 104% more
Aarti Steels Diploma Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹0.6 L/yr - ₹5.1 L/yr 52% more
MSP Steel & Power Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr 213% more
Kirloskar Ferrous Industries Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 53% more

Diploma Mechanical Engineer salary at Shyam Ferro Alloys ranges between ₹1 Lakh to ₹1.9 Lakh per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Shyam Ferro Alloys.

Experience wise Shyam Ferro Alloys Diploma Mechanical Engineer salaries

Last Updated: 22 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Similar Designation salaries in Shyam Ferro Alloys

Mechanical Engineer Salary

(4 salaries)

₹2.25 L/yr - ₹5 L/yr

Electrical Engineer Salary

(3 salaries)

₹1 L/yr - ₹3.1 L/yr

Maintenance Engineer Salary

(4 salaries)

₹1.6 L/yr - ₹3 L/yr

Senior Engineer Salary

(4 salaries)

₹3 L/yr - ₹4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Assistant Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹5.8 L/yr

Shift Engineer Salary

(4 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Junior Engineer Salary

(6 salaries)

₹2 L/yr - ₹2.4 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Mechanical Maintenance Engineer Salary

(4 salaries)

₹1.95 L/yr - ₹4.2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Shyam Ferro Alloys?

Ask anonymously on communities.

Shyam Ferro Alloys Diploma Mechanical Engineer Salary FAQs

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

The average salary of a Diploma Mechanical Engineer at Shyam Ferro Alloys in India typically ranges from ₹1.0 Lakhs to ₹1.9 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Diploma Mechanical Engineer at Shyam Ferro Alloys earn more than ₹1.9 Lakhs per year, and the top 1% earn over ₹1.9 Lakhs per year. Diploma Mechanical Engineer 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 4 Shyam Ferro Alloys employees in India.

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

The estimated take-home salary of a Diploma Mechanical Engineer at Shyam Ferro Alloys in India typically ranges from ₹9,342 to ₹10,365 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹1.9 Lakhs per year for employees with experience ranging from 1 year to 2 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 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 Diploma Mechanical Engineer in India?

Indian Metals & Ferro Alloys	₹1.3 Lakhs to ₹8.0 Lakhs per year
MSP Steel & Power	₹3.8 Lakhs to ₹4.5 Lakhs per year
Jindal Stainless	₹2.5 Lakhs to ₹4.2 Lakhs per year
ISMT	₹2.1 Lakhs to ₹3.5 Lakhs per year
Jai Balaji Group	₹2.0 Lakhs to ₹3.6 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 Diploma Mechanical Engineer in companies similar to Shyam Ferro Alloys in India?

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

MM Forgings	₹1.8 Lakhs to ₹3.4 Lakhs per year
Mukand Limited	₹1.6 Lakhs to ₹6.5 Lakhs per year
Kirloskar Ferrous Industries	₹1.6 Lakhs to ₹3.0 Lakhs per year
Aarti Steels	₹0.6 Lakhs to ₹5.1 Lakhs per year
Ratnamani Metals and Tubes	₹1.3 Lakhs to ₹2.0 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 Diploma Mechanical Engineer at Shyam Ferro Alloys in India?

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

Experience	Average Salary Range
1 year	₹1.1 Lakhs to ₹1.5 Lakhs per year
2 years	₹1.4 Lakhs to ₹1.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Shyam Ferro Alloys Salaries >
Shyam Ferro Alloys Diploma Mechanical Engineer Salaries

Shyam Ferro Alloys Diploma Mechanical Engineer salary in India ranges between ₹1 Lakh to ₹1.9 Lakh with an average annual salary of ₹. Salary estimates are based on 4 Shyam Ferro Alloys latest salaries received from various employees of Shyam Ferro Alloys.