Shyam Ferro Alloys Diploma Mechanical Engineer Salaries by 4 Employees (Updated 2024)

1 - 2 years exp.

₹1 Lakh - ₹1.9 Lakh

Salary of majority employees

46% less than the average Diploma Mechanical Engineer Salary in Iron & Steel Companies for 1 - 2 years of experience

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Last Updated: 22 Feb 2024

Companies similar to Shyam Ferro Alloys for Diploma Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Steel Diploma Mechanical Engineer Salary 1 - 8 years exp. (47 salaries)	₹1.2 L/yr - ₹6.5 L/yr 144% more
Jindal Steel and Power Diploma Mechanical Engineer Salary 0 - 3 years exp. (28 salaries)	₹1.6 L/yr - ₹6 L/yr 161% more
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Hindalco Industries Diploma Mechanical Engineer Salary 0 - 7 years exp. (23 salaries)	₹1.5 L/yr - ₹4.5 L/yr 89% more
Vedanta Resources Diploma Mechanical Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹3.5 L/yr 87% more
JSW Steel Diploma Mechanical Engineer Salary 0 - 5 years exp. (40 salaries)	₹2 L/yr - ₹4.3 L/yr 140% more
Steel Authority Of India Diploma Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹1 L/yr - ₹6 L/yr 213% more
Hindustan Zinc Diploma Mechanical Engineer Salary 2 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹5.2 L/yr 115% more
Bharat Forge Diploma Mechanical Engineer Salary 0 - 3 years exp. (27 salaries)	₹1.2 L/yr - ₹3 L/yr 60% more
Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary 1 - 14 years exp. (5 salaries)	₹1.3 L/yr - ₹8 L/yr 229% more
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
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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 - 16 years exp. (3 salaries)	₹4.5 L/yr - ₹6.8 L/yr 279% more
Kirloskar Ferrous Industries Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3 L/yr 53% more
Tata Metaliks Diploma Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹2 L/yr 25% 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)	₹0.5 L/yr - ₹1.7 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹1.9 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

(3 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Assistant Engineer Salary

(6 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Shift Engineer Salary

(3 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.

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...

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.

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

Dislikes

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

Mechanical Maintenance Engineer in Durgapur

Production, Manufacturing & Engineering Department

4.0

• posted on 27 Nov 2019

4.0

for Salary and Benefits

Likes

Senior management really helpful for the new comers.the subordinates as an engineer will help the engineer to grow fast.

Dislikes

The approach road towards the plant from angadpur was pathetic 5 years ago.present situation I don't know.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Shyam Ferro Alloys Diploma Mechanical Engineer Salary FAQs

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

Diploma Mechanical Engineer salary at Shyam Ferro Alloys in India ranges between ₹1.0 Lakhs to ₹1.9 Lakhs for experience between 1 years to 2 years. According to our estimates it is 46% less than the average Diploma Mechanical Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shyam Ferro Alloys India.

How does the salary of a Diploma Mechanical Engineer at Shyam Ferro Alloys India compare with the average salary range for this job?

The average salary of a Diploma Mechanical Engineer at Shyam Ferro Alloys is 46% less than the average salary of a Diploma Mechanical Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shyam Ferro Alloys to a Diploma Mechanical Engineer in India?

MSP Steel & Power Diploma Mechanical Engineer Salary - ₹4.5 Lakhs to ₹6.8 Lakhs per year
Indian Metals & Ferro Alloys Diploma Mechanical Engineer Salary - ₹1.3 Lakhs to ₹8.0 Lakhs per year
Steel Authority Of India Diploma Mechanical Engineer Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year
Jindal Steel and Power Diploma Mechanical Engineer Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
Tata Steel Diploma Mechanical Engineer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year

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

JSW Steel Diploma Mechanical Engineer Salary - ₹2.0 Lakhs to ₹4.3 Lakhs per year
Hindustan Zinc Diploma Mechanical Engineer Salary - ₹2.1 Lakhs to ₹5.2 Lakhs per year
ISMT Diploma Mechanical Engineer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
Hindalco Industries Diploma Mechanical Engineer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Vedanta Resources Diploma Mechanical Engineer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹9,342 per month to ₹10,365 per month in India. The take-home salary calculation is based on the average Shyam Ferro Alloys Diploma Mechanical Engineer salary in India which ranges between ₹1.0 Lakhs to ₹1.9 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for Diploma Mechanical Engineer at Shyam Ferro Alloys?

According to AmbitionBox, 50% of the Shyam Ferro Alloys Diploma Mechanical Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.