Shyam Steel Industries Kolkata Mechanical Engineer Salaries by 6 Employees

2 - 6 years exp.

₹2.5 Lakhs - ₹4.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 6 years of experience

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Last Updated: 15 Mar 2024

Companies similar to Shyam Steel Industries for Mechanical Engineer in Kolkata

Shyam Steel Industries Mechanical Engineer Salary

2 - 6 years exp. (6 salaries)

₹2.5 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
SHYAM METALICS AND ENERGY Mechanical Engineer Salary 2 - 7 years exp. (10 salaries)	₹2.6 L/yr - ₹5 L/yr 10% more
Jindal Industries Private Limited Mechanical Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr 2% less
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Rimjhim Ispat Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.9 L/yr 14% less
Jai Balaji Group Mechanical Engineer Salary 5 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹3.9 L/yr 12% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 10 years exp. (41 salaries)	₹1.8 L/yr - ₹9.1 L/yr 62% more	1 job opening

Mechanical Engineer salary at Shyam Steel Industries ranges between ₹2.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Shyam Steel Industries.

Experience wise Shyam Steel Industries Mechanical Engineer salaries in Kolkata

Last Updated: 15 Mar 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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4 years (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr

Similar Designation salaries in Shyam Steel Industries

Junior Engineer Salary

(12 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Electrical Engineer Salary

(6 salaries)

₹2.4 L/yr - ₹3.75 L/yr

Senior Engineer Salary

(5 salaries)

₹3.12 L/yr - ₹6 L/yr

Assistant Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Site Engineer Salary

(3 salaries)

₹2.5 L/yr - ₹3.94 L/yr

Salary related reviews for Shyam Steel Industries

5.0

Rated by 1 employees for salary & benefits

Junior Engineer in West Bengol Durgapur

Production, Manufacturing & Engineering Department

5.0

• posted on 09 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues

Sales Officer in Bhadrak (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 20 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like. Very bad organisation.

Dislikes

...t didn't know how to talk to company officer. The management and HR is very bad. Very poor salary and accommodation zero like .

Salary - Bad

+6 more

Accounts Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Feb 2025

5.0

for Salary and Benefits

Likes

Working with Shyam steel has been a great journey so far. Their salary is on time and you get payslips on time. Yearly bonus and calendar holidays.

Salary - Excellent

+2 more

Dislikes

Well since I have been working for a US market I think we should get the US holidays

Marketing Manager in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 06 Dec 2024

3.0

for Salary and Benefits

Likes

Timely Salary, Job security in Project Division, Yearly increment,Nice place to learn, No target in Project Marketing Division

Job security - Good

+1 more

Dislikes

Didn't have any concept of promotion, Senior will involve you in unnecessary work, baisedness of management towards senior level manager

Skill development - Poor

+1 more

Deputy Talent Acquisition Manager in Kolkata

Full Time

Human Resources Department

5.0

• posted on 02 Sep 2023

5.0

for Salary and Benefits

Likes

The work life balance provided is really commendable. The supervisor never calls after office hours(if not a real emergency). No need to crib about leaves, can be availed easily. Directors are quite down to earth

Salary - Excellent

+5 more

Dislikes

... employees still work by buttering seniors. Performance management not present..appraisal is done according to salary not on individual performance. Whatever the director says is right

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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

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Shyam Steel Industries Mechanical Engineer Salary FAQs

What is the salary of Mechanical Engineer at Shyam Steel Industries in Kolkata?

The average salary of a Mechanical Engineer at Shyam Steel Industries in Kolkata typically ranges from ₹2.5 Lakhs to ₹4.4 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Mechanical Engineer in Kolkata at Shyam Steel Industries earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.4 Lakhs per year. Mechanical Engineer Salaries at Shyam Steel Industries 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 6 Shyam Steel Industries employees in India.

What is the estimated take home salary of a Mechanical Engineer at Shyam Steel Industries in Kolkata?

The estimated take-home salary of a Mechanical Engineer at Shyam Steel Industries in Kolkata typically ranges from ₹23,764 to ₹25,221 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.4 Lakhs per year for employees with experience ranging from 2 years to 6 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 6 salaries received from various employees of Shyam Steel Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shyam Steel Industries for Mechanical Engineer in India?

Larsen & Toubro Limited	₹1.8 Lakhs to ₹9.1 Lakhs per year
Jai Balaji Group	₹3.2 Lakhs to ₹3.9 Lakhs per year
SHYAM METALICS AND ENERGY	₹2.6 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Mechanical Engineer in companies similar to Shyam Steel Industries in Kolkata?

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

Jindal Industries Private Limited	₹3.0 Lakhs to ₹3.9 Lakhs per year
Rimjhim Ispat	₹2.0 Lakhs to ₹2.9 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 Mechanical Engineer at Shyam Steel Industries in Kolkata?

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

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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Shyam Steel Industries Mechanical Engineer Salaries in Kolkata

Shyam Steel Industries Mechanical Engineer salary in Kolkata ranges between ₹2.5 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Shyam Steel Industries latest salaries received from various employees of Shyam Steel Industries.

Shyam Steel Industries Mechanical Engineer salaries in Kolkata

Companies similar to Shyam Steel Industries for Mechanical Engineer in Kolkata

Latest annual salaries shared by Shyam Steel Industries Mechanical Engineer in Kolkata

Experience wise Shyam Steel Industries Mechanical Engineer salaries in Kolkata

Similar Designation salaries in Shyam Steel Industries

Salary related reviews for Shyam Steel Industries

Junior Engineer in West Bengol Durgapur

Sales Officer in Bhadrak (working remotely)

Accounts Manager in Kolkata

Marketing Manager in Kolkata

Deputy Talent Acquisition Manager in Kolkata

Shyam Steel Industries Mechanical Engineer Salary FAQs

Tell us how to improve this page.