Steel Industries Mumbai Salaries by 30+ Employees

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Designation	Avg Annual Salary	Open Jobs
Goregaon West 20 years exp. · Mumbai (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Production & QC Engineer 5 years exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Maintenance Engineer 2 6 years exp. · Mumbai (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Secretary Supervisor 26 years exp. · Mumbai (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.3 L/yr
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Steel Structure Supervisor 1 year exp. · Mumbai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Accounting Staff 1 year exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Machine Operator 6 years exp. · Mumbai (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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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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Salary related reviews for Steel Industries

4.5

Rated by 3 employees for salary & benefits

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.

Salary - Excellent

+5 more

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.

Job security - Bad

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Know more about Steel Industries Mumbai

Steel Industries Salary FAQs

How much does Steel Industries pay to its employees?

The average annual salary at Steel Industries varies depending on the role, experience, and location. The salary ranges for some popular designations at Steel Industries, are as follows:

Goregaon West	₹1.8 Lakhs to ₹2.3 Lakhs per year
Production & QC Engineer	₹2.2 Lakhs to ₹2.8 Lakhs per year
Maintenance Engineer 2	₹3.2 Lakhs to ₹4.1 Lakhs per year
Secretary Supervisor	₹0.2 Lakhs to ₹0.3 Lakhs per year

The highest-paying role, Senior Engineer, earns between ₹2.8 Lakhs to ₹8.4 Lakhs per year. The top 10% of employees earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹43.6 Lakhs per year. Salaries at 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 salary estimates are based on data from 39 salaries submitted by Steel Industries employees. Steel Industries is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Steel Industries , Mumbai is INR . Salary estimates are based on 30+ Steel Industries latest salaries received from various employees of Steel Industries.

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