SKS Ispat & Power Senior Engineer Mechanical Salaries by 6 Employees

4 - 8 years exp.

₹2.6 Lakhs - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% less than the average Senior Engineer Mechanical Salary in Industrial Machinery Companies for 4 - 8 years of experience

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Last Updated: 28 Jul 2023

Companies similar to SKS Ispat & Power for Senior Engineer Mechanical

Company name	Avg Annual Salary	Open Jobs
Gilbarco Veeder Root Senior Engineer Mechanical Salary 4 - 6 years exp. (5 salaries)	₹7.2 L/yr - ₹9 L/yr 132% more
L&T–MHI Power Boilers Senior Engineer Mechanical Salary 8 - 10 years exp. (5 salaries)	₹7 L/yr - ₹8.2 L/yr 123% more
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KK Spun Pipes Senior Engineer Mechanical Salary 14 - 18 years exp. (4 salaries)	₹4.6 L/yr - ₹5 L/yr 40% more
Larsen & Toubro Limited Senior Engineer Mechanical Salary 1 - 12 years exp. (169 salaries)	₹4 L/yr - ₹12 L/yr 128% more
Megha Engineering & Infrastructures Senior Engineer Mechanical Salary 7 - 13 years exp. (94 salaries)	₹4 L/yr - ₹12 L/yr 109% more

Senior Engineer Mechanical salary at SKS Ispat & Power ranges between ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of SKS Ispat & Power.

Experience wise SKS Ispat & Power Senior Engineer Mechanical salaries

Last Updated: 28 Jul 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Similar Designation salaries in SKS Ispat & Power

Mechanical Engineer Salary

(12 salaries)

₹1.8 L/yr - ₹4.6 L/yr

Electrical Engineer Salary

(8 salaries)

₹2.25 L/yr - ₹4 L/yr

Assistant Engineer Salary

(8 salaries)

₹1.6 L/yr - ₹3 L/yr

Shift Incharge Salary

(7 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Senior Electrical Engineer Salary

(5 salaries)

₹3.15 L/yr - ₹3.6 L/yr

Graduate Engineer Trainee (Get) Salary

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₹0.7 L/yr - ₹2.2 L/yr

Turbine DCS Engineer Salary

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Quality Control Head Salary

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Instrumentation Technician Salary

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₹2.5 L/yr - ₹4.8 L/yr

Mechanical Maintenance Engineer Salary

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₹1.6 L/yr - ₹4.2 L/yr

Salary related reviews for SKS Ispat & Power

Shift Incharge in Raipur

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 01 Jan 2023

4.0

for Salary and Benefits

Likes

The best thing to work with such a SKS Ispat is the brand name. It automatically raises your standard and makes you different from the rest. Looking forward to see myself getting to a better level in this organization

Salary - Good

+6 more

Dislikes

Salary structure some week another then working is good

Assistant General Manager Purchase in Raipur Chhatisgarh

Procurement & Supply Chain Department

1.0

• posted on 06 Oct 2020

1.0

for Salary and Benefits

Likes

...y try to hire the needy person with less salary from other steel manufacturers. No bonus, gratuity etc.

Dislikes

Since owner ( JMD) sitting in plant itself and look after all operations and maintenance activities personally, policies and strategies change every hour/ days

Salary - Bad

+5 more

IT Manager in Raipur

Full Time

Engineering - Software & QA Department

1.0

• posted on 12 Aug 2023

1.0

for Salary and Benefits

Likes

This company gives you a 100% failure satisfaction..Management has so much ego problem,every month they fire..no matters how company goes..HR Head don't have a knowledge ..every employee survival is his own hand.

Dislikes

Everything

Salary - Bad

+6 more

Senior General Manager Accounts And Finance in Raipur

Full Time

Finance & Accounting Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

Good working environment with freedom to take decision and very positive management, caring for employees and adequate appraisals from time to time A very good place to work who believe to work honestly.

Salary - Excellent

+6 more

Dislikes

As such no significant issue

Associate Consultant in Raigarh

Contractual

Production, Manufacturing & Engineering Department

5.0

• posted on 29 Jan 2024

5.0

for Salary and Benefits

Likes

Power plant design is good and equipment is quite reliable. Good maintenance practices are being followed

Salary - Excellent

+6 more

Dislikes

Remote location. All employees are not being provided with accommodation near to power generation plant. This is a limiting factor.

see more salary related reviews

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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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SKS Ispat & Power Senior Engineer Mechanical Salary FAQs

What is the salary of Senior Engineer Mechanical at SKS Ispat & Power ?

The average salary of a Senior Engineer Mechanical at SKS Ispat & Power in India typically ranges from ₹2.6 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Senior Engineer Mechanical at SKS Ispat & Power earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Senior Engineer Mechanical Salaries at SKS Ispat & Power 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 SKS Ispat & Power employees in India.

What is the estimated take home salary of a Senior Engineer Mechanical at SKS Ispat & Power in India?

The estimated take-home salary of a Senior Engineer Mechanical at SKS Ispat & Power in India typically ranges from ₹24,829 to ₹26,270 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 4 years to 8 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 SKS Ispat & Power. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SKS Ispat & Power for Senior Engineer Mechanical in India?

Gilbarco Veeder Root	₹7.2 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited	₹4.0 Lakhs to ₹12.0 Lakhs per year
L&T–MHI Power Boilers	₹7.0 Lakhs to ₹8.2 Lakhs per year
Megha Engineering & Infrastructures	₹4.0 Lakhs to ₹12.0 Lakhs per year
KK Spun Pipes	₹4.6 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SKS Ispat & Power, depending on the role and experience level.

How the salary growth look like for a Senior Engineer Mechanical at SKS Ispat & Power in India?

The salary growth for a Senior Engineer Mechanical at SKS Ispat & Power depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Mechanical can expect the following growth trajectory at SKS Ispat & Power:

Experience	Average Salary Range
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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SKS Ispat & Power Senior Engineer Mechanical Salaries

SKS Ispat & Power Senior Engineer Mechanical salary in India ranges between ₹2.6 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SKS Ispat & Power latest salaries received from various employees of SKS Ispat & Power.