SMW Ispat Salaries by 200+ Employees (Updated 2024)

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Production, Manufacturing & Engineering Finance & Accounting Sales & Business Development Procurement & Supply Chain + 6 more

Designation	Avg Annual Salary	Open Jobs
Executive 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Associate Manager 10 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Security Guard 2 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr
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Electrical Mechanical Foreman 17 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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Mechanical Technician 20 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
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Senior Fitter 12 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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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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Salary related reviews for SMW Ispat

3.2

Rated by 33 employees for salary & benefits

Mechanical Maintenance Engineer in Navi Mumbai

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 13 Jan 2022

4.0

for Salary and Benefits

Likes

...this plant. All department members are supportive and management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Salary is decent but career growth is slow.

Mechanical Engineer in Deoli

Production, Manufacturing & Engineering Department

5.0

• posted on 06 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policy are good, appraisals are fair and the give good salary hike and bonus every year.

Dislikes

Free transport are not allowed.

Accounts Manager in Deoli

Full Time

Finance & Accounting Department

5.0

• posted on 07 Oct 2022

4.0

for Salary and Benefits

Likes

If you want to learn more or sharpen your skill than this organization is best for you.

Dislikes

As it is located at village area, you will have less options to enjoy personal life. But still nagpur is nearest station for weekend.

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SMW Ispat Salary FAQs

How much does SMW Ispat pay per year?

The average SMW Ispat salary ranges from approximately ₹1.8 Lakh to ₹3 Lakhs per year for a Purchase Executive and ₹11.4 Lakhs to ₹12 Lakhs per year for a IT Head. Salary estimates are based on 270 SMW Ispat salaries received from various employees of SMW Ispat. SMW Ispat employees rate the overall salary and benefits package 3.2/5 stars.

What is the highest salary in SMW Ispat?

The highest-paying job at SMW Ispat is a IT Head with a salary of ₹11.4 Lakhs to ₹12 Lakhs per year. The top 10% of employees earn more than ₹10.60 lakhs per year. The top 1% earn more than a whopping ₹21.66 lakhs per year.

What is the minimum salary in SMW Ispat?

Minimum salary at SMW Ispat depends on the role you are applying for. For Mechanical Engineer the minimum salary is ₹3 Lakhs to ₹3.3 Lakhs per year, and for Maintenance Engineer the minimum salary is ₹3 Lakhs to ₹3.5 Lakhs per year and so on.

What is the notice period at SMW Ispat?

According to AmbitionBox, 69% of the SMW Ispat employees reported a notice period of 1 Month, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 189 responses on AmbitionBox in last 2 years.

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SMW Ispat Salaries by Location

SMW Ispat Salaries by Department

Average annual salary in SMW Ispat is INR . Salary estimates are based on 270 SMW Ispat latest salaries received from various employees of SMW Ispat.