Shyam Steel Industries Kolkata Mechanical Engineer Salaries by 6 Employees (Updated 2024)

2 - 6 years exp.

₹2.5 Lakhs - ₹4.4 Lakhs

Salary of majority employees

24% 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
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (8 salaries)	₹2.4 L/yr - ₹5.2 L/yr 26% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 10 years exp. (36 salaries)	₹1.8 L/yr - ₹8.2 L/yr 65% more
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Bhushan Power & Steel Mechanical Engineer Salary 2 - 12 years exp. (8 salaries)	₹3.6 L/yr - ₹6 L/yr 47% more
SHYAM METALICS AND ENERGY Mechanical Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.6 L/yr - ₹4.2 L/yr 2% less
Jai Balaji Group Mechanical Engineer Salary 4 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹3.7 L/yr 3% more
Jindal Industries Private Limited Mechanical Engineer Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr 5% less
Rimjhim Ispat Mechanical Engineer Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 37% less

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 - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.4 L/yr
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4 years (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.4 L/yr

Similar Designation salaries in Shyam Steel Industries

Junior Engineer Salary

(9 salaries)

₹1.6 L/yr - ₹2.62 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

(3 salaries)

₹1.5 L/yr - ₹2.82 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.

Dislikes

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

Executive Assistant To Director in Kolkata

Full Time

Healthcare & Life Sciences Department

5.0

• posted on 09 Aug 2024

3.0

for Salary and Benefits

Likes

...n furtunate to have the best managment and supportive bosses ever to work with. Nice location and office are the icing on the cake and morever salary are always on time. Work life balance is the most fantastic. Overall it is completely a employee driven organisation. Dut to some unforseen situations I had to take a break from this esteemed organisation but given a chance again I would love to come back.

Dislikes

Nothing to dislike

Flutter Developer in Kolkata

Full Time

Engineering - Software & QA Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

Overall good and their salary is also good but 6days a week and very strict timings policy and they have very few leaves but the best part is the Techhead are so good and understandable and the bad part is the managers are so arogant and never give importance to their teams

Dislikes

Work culture, manager pressure and very few leaves

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

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

Interior Designer in Kolkata

Full Time

UX, Design & Architecture Department

1.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

On time Salary

Dislikes

1. Babu culture company 2. There is too gossips in the company & few top management like this. 3. Hire & Fire. Top most company for same day fire policy without no reason. 4. No HR policy. They are just like brought up Toys. 5. HRs are also not safe for fire. 6. There was one manager maned subhajit Batabyal (feku the great), No dressing sense, poor technical knowledge, great for oiling management back. 7. Poor technical Top management like" less knowledge more danger." 8. No appreciation

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Salary Discussions, Hike & Promotions

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 Steel Industries Mechanical Engineer Salary FAQs

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

Mechanical Engineer salary at Shyam Steel Industries in Kolkata ranges between ₹2.5 Lakhs to ₹4.4 Lakhs for experience between 2 years to 6 years. According to our estimates it is 24% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Shyam Steel Industries Kolkata.

How does the salary of a Mechanical Engineer at Shyam Steel Industries Kolkata compare with the average salary range for this job?

The average salary of a Mechanical Engineer at Shyam Steel Industries is 24% less than the average salary of a Mechanical Engineer in Kolkata. To know exact salary insights, login to view.

Which similar companies are paying more than Shyam Steel Industries to a Mechanical Engineer in Kolkata?

Larsen & Toubro Limited Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.2 Lakhs per year
Bhushan Power & Steel Mechanical Engineer Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year
Tata Steel Mechanical Engineer Salary - ₹2.4 Lakhs to ₹5.2 Lakhs per year
Jai Balaji Group Mechanical Engineer Salary - ₹2.4 Lakhs to ₹3.7 Lakhs per year

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

SHYAM METALICS AND ENERGY Mechanical Engineer Salary - ₹2.6 Lakhs to ₹4.2 Lakhs per year
Jindal Industries Private Limited Mechanical Engineer Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year
Rimjhim Ispat Mechanical Engineer Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year

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 ranges between ₹24,492 per month to ₹25,939 per month in Kolkata. The take-home salary calculation is based on the average Shyam Steel Industries Mechanical Engineer salary in India which ranges between ₹2.5 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Mechanical Engineer at Shyam Steel Industries in Kolkata?

According to AmbitionBox, 75% of the Shyam Steel Industries Mechanical Engineers in Kolkata reported a notice period of 1 Month, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.