Tata Steel Bhubaneswar Divisional Manager Salaries by 5 Employees

13 - 21 years exp.

₹17.4 Lakhs - ₹23.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

40% more than the average Divisional Manager Salary in Iron & Steel Companies for 13 - 21 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Divisional Manager Salary 15 - 21 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹24 L/yr
Project & Program Management Divisional Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹24.1 L/yr
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Sales & Business Development Divisional Manager Salary 13 years exp. (AmbitionBox Estimate)	₹17.4 L/yr - ₹25.2 L/yr

Last Updated: 26 Aug 2024

Companies similar to Tata Steel for Divisional Manager in Bhubaneswar

Tata Steel Divisional Manager Salary

13 - 21 years exp. (5 salaries)

₹17.4 L/yr - ₹23.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Divisional Manager Salary 11 - 23 years exp. (14 salaries)	₹10.8 L/yr - ₹26.2 L/yr 20% less	1 job opening
IIFL SAMASTA Divisional Manager Salary 1 - 6 years exp. (9 salaries)	₹7 L/yr - ₹9.1 L/yr 61% less
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Shyam Indus Power Solutions Divisional Manager Salary 3 - 18 years exp. (5 salaries)	₹3 L/yr - ₹10 L/yr 72% less
Bharat Financial Inclusion Divisional Manager Salary 0 - 16 years exp. (4 salaries)	₹6.8 L/yr - ₹11 L/yr 56% less
Canara Bank Divisional Manager Salary 11 - 15 years exp. (3 salaries)	₹17.8 L/yr - ₹24.4 L/yr 20% more

Divisional Manager salary at Tata Steel ranges between ₹17.4 Lakhs to ₹23.8 Lakhs per year for employees with experience between 13 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Divisional Manager salaries in Bhubaneswar

Last Updated: 26 Aug 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
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15+ years (4 salaries)	₹18 L/yr - ₹37.5 L/yr

Similar Designation salaries in Tata Steel

Area Manager Salary

(15 salaries)

₹16 L/yr - ₹28 L/yr

Deputy Manager Salary

(12 salaries)

₹7.2 L/yr - ₹12.5 L/yr

Sales Manager Salary

(3 salaries)

₹16 L/yr - ₹21 L/yr

Salary related reviews for Tata Steel

Relationship Manager in Jamshedpur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 18 Jan 2024

1.0

for Salary and Benefits

Likes

Very high Job security almost equivalent to government jobs. Good work life balance.

Job security - Excellent

Dislikes

Extremely slow growth exactly like government jobs. Minimal increament and low average package for an MBA graduate from top tier B school. This is not a company one should join after completing MBA. The work culture is not suitable for MBA grads and average age in almost every team is 45+ In my opinion, my reporting manager was a head of department who was micromanaging and had come from a marketing background directly into procurement without any knowledge of procurement. Weird way of promoting people in cross functions.

Salary - Bad

+3 more

Deputy Manager in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 18 May 2023

1.0

for Salary and Benefits

Likes

Job security is good, if you don't work hard then you don't get good ratings but job is secure.

Job security - Good

Dislikes

- very low pay scale - very low bonus - company doesn't follow any time line of increment of salary or bonus. - very slow HR department - management doesn't respect extra effort of employees

Salary - Bad

+4 more

Deputy Manager in Jamshedpur

Full Time

Procurement & Supply Chain Department

2.0

• posted on 22 Sep 2022

1.0

for Salary and Benefits

Likes

Location is good. Tata brand.

Dislikes

There is a whole list. Heavy corporate politics, nepotism at its peak, benefits are just an illusion, management is highly unprofessional, compensation is industry lowest, CTC is flawed, employees' overall development is zero, and many many more. If you want to regret one thing in your life - just join here.

Salary - Bad

+6 more

Senior Sales Manager in Jaipur

Sales & Business Development Department

5.0

• posted on 14 Apr 2022

4.0

for Salary and Benefits

Likes

...ue and work ethics 2. Job security 3. Lots of opportunities to learn and grow 4. Streamlined process in work & compensation 5. Brand value and good image amongst customers/stakeholders & Lots more

Salary - Good

+6 more

Dislikes

Limited growth opportunities

Sales Manager in New Delhi

Sales & Marketing Department

4.0

• posted on 22 Nov 2021

3.0

for Salary and Benefits

Likes

Work life balance, ethics & good people around

Skill development - Excellent

+3 more

Dislikes

Slow growth. For laterals, negotiate your salary well. Don't get trapped in Tata's brand name, as there won't be salary appraisals on entire CTC. Low compensation.

Promotions - Bad

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Salary negotiation Help

I got a call for an interview where they told me they have a budget of 14lac initially I agreed to get call for an interview I also got selected 3 days ago they call me asking for my salary expectations I told them 15.5 lac (10% increment in my existing salary) they told me they will talk to their manager and get me back by next day but even after 2 days I didn't heard from them what should I do? Should I call them back or wait or they already rejected me?

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Tata Steel Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Tata Steel in Bhubaneswar?

The average salary of a Divisional Manager at Tata Steel in Bhubaneswar typically ranges from ₹17.4 Lakhs to ₹23.8 Lakhs per year, depending on experience (from 13 years to 21 years).

The top 10% of Divisional Manager in Bhubaneswar at Tata Steel earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Divisional Manager Salaries at Tata Steel 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 5 Tata Steel employees in India.

What is the estimated take home salary of a Divisional Manager at Tata Steel in Bhubaneswar?

The estimated take-home salary of a Divisional Manager at Tata Steel in Bhubaneswar typically ranges from ₹1,32,628 to ₹1,37,489 per month. This is based on the average salary range of ₹17.4 Lakhs to ₹23.8 Lakhs per year for employees with experience ranging from 13 years to 21 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 5 salaries received from various employees of Tata Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Steel for Divisional Manager in India?

Canara Bank

₹17.8 Lakhs to ₹24.4 Lakhs per year

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

What is the salary of a Divisional Manager in companies similar to Tata Steel in Bhubaneswar?

The salary of a Divisional Manager at companies similar to Tata Steel in Bhubaneswar varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹10.8 Lakhs to ₹26.2 Lakhs per year
Bharat Financial Inclusion	₹6.8 Lakhs to ₹11.0 Lakhs per year
IIFL SAMASTA	₹7.0 Lakhs to ₹9.1 Lakhs per year
Shyam Indus Power Solutions	₹3.0 Lakhs to ₹10.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Divisional Manager at Tata Steel in Bhubaneswar?

The salary growth for a Divisional Manager at Tata Steel in Bhubaneswar depends on factors such as experience, performance, and promotions. On average, a Divisional Manager in Bhubaneswar can expect the following growth trajectory at Tata Steel:

Experience	Average Salary Range
13 years	₹14.9 Lakhs to ₹19.1 Lakhs per year
14 years	₹15.5 Lakhs to ₹19.8 Lakhs per year
15 years	₹18.0 Lakhs to ₹37.5 Lakhs per year

and so on.

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Tata Steel Divisional Manager Salaries in Bhubaneswar

Tata Steel Divisional Manager salary in Bhubaneswar ranges between ₹17.4 Lakhs to ₹23.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata Steel latest salaries received from various employees of Tata Steel.