Steel Industries Jamshedpur Mechanical Engineer Salaries by 3 Employees (Updated 2024)

2 - 5 years exp.

₹2.4 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 5 years of experience

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Salaries in different departments

Construction & Site Engineering Mechanical Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.7 L/yr
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Production, Manufacturing & Engineering Mechanical Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.1 L/yr

Last Updated: 11 Apr 2023

Companies similar to Steel Industries for Mechanical Engineer in Jamshedpur

Steel Industries Mechanical Engineer Salary

2 - 5 years exp. (3 salaries)

₹2.4 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Steel Mechanical Engineer Salary 0 - 10 years exp. (79 salaries)	₹1.6 L/yr - ₹9.2 L/yr 67% more
Usha Martin Mechanical Engineer Salary 3 - 9 years exp. (6 salaries)	₹2 L/yr - ₹5 L/yr 44% more
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Vaaman Engineers Mechanical Engineer Salary 2 - 9 years exp. (23 salaries)	₹1.8 L/yr - ₹4.1 L/yr 26% more
Tata Motors Mechanical Engineer Salary 1 - 5 years exp. (13 salaries)	₹1 L/yr - ₹4 L/yr 15% more
Ramkrishna Forgings Mechanical Engineer Salary 2 - 7 years exp. (13 salaries)	₹2.7 L/yr - ₹5.9 L/yr 59% more

Mechanical Engineer salary at Steel Industries ranges between ₹2.4 Lakhs to ₹3.1 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Steel Industries.

Experience wise Steel Industries Mechanical Engineer salaries in Jamshedpur

Last Updated: 11 Apr 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr

Salary related reviews for Steel Industries

NLMK INDIA PVT LTD in New Delhi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 23 Feb 2023

5.0

for Salary and Benefits

Likes

I like all facilities and work environment. Growing and office and personal life balance.

Dislikes

I dislike a job security. I spend almost 7 years in the company but in my difficult time company give to termination which is horrible experience.

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Top trending discussions

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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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Steel Industries Mechanical Engineer Salary FAQs

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

According to AmbitionBox, 100% of the Steel Industries Mechanical Engineers in Jamshedpur reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Steel Industries Mechanical Engineer Salaries in Jamshedpur

Steel Industries Mechanical Engineer salary in Jamshedpur ranges between ₹2.4 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Steel Industries latest salaries received from various employees of Steel Industries.