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Tata Steel

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4.1

based on 6.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Tata Steel Finance & Accounting Department Salaries in India

based on 901 latest salaries
Designation Avg Annual Salary Open Jobs
0 - 12 years exp. (39 salaries)
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₹8.2 L/yr - ₹17 L/yr

1 - 9 years exp. (38 salaries)
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₹9.5 L/yr - ₹21 L/yr

0 - 12 years exp. (35 salaries)
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₹8.5 L/yr - ₹17.5 L/yr

3 - 14 years exp. (31 salaries)
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₹14.5 L/yr - ₹38 L/yr

Starting your career? Discover Tata Steel fresher salaries in India
0 - 9 years exp. (31 salaries)
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₹7 L/yr - ₹18 L/yr

1 - 14 years exp. (23 salaries)
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₹1.2 L/yr - ₹6.5 L/yr

2 - 10 years exp. (22 salaries)
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₹2 L/yr - ₹6.2 L/yr

5 - 12 years exp. (17 salaries)
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₹16 L/yr - ₹30 L/yr

1 - 9 years exp. (16 salaries)
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₹8 L/yr - ₹15 L/yr

1 - 11 years exp. (10 salaries)
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₹2.7 L/yr - ₹4.8 L/yr

8 - 16 years exp. (10 salaries)
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₹27 L/yr - ₹50 L/yr

0 - 8 years exp. (9 salaries)
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₹2.8 L/yr - ₹4.6 L/yr

4 - 16 years exp. (8 salaries)
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₹3.6 L/yr - ₹4.9 L/yr

1 - 5 years exp. (7 salaries)
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₹2 L/yr - ₹3 L/yr

0 - 4 years exp. (7 salaries)
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₹10.3 L/yr - ₹18 L/yr

4 - 7 years exp. (7 salaries)
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₹2.5 L/yr - ₹3 L/yr

0 - 4 years exp. (6 salaries)
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₹1.2 L/yr - ₹8.2 L/yr

1 - 3 years exp. (6 salaries)
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₹10 L/yr - ₹12.5 L/yr

4 - 10 years exp. (6 salaries)
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₹16.5 L/yr - ₹20 L/yr

5 - 18 years exp. (6 salaries)
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₹9 L/yr - ₹14 L/yr

Last Updated: 15 Dec, 2024

Salary related reviews for Tata Steel

3.3

Rated by 263 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 08 Sep 2024

3.0
 for  Salary and Benefits

Likes

Leaves are good, 5 day week, Holiday plan, good medical coverage. Since a big company spouse with good education can be accomodate. Numerous department so can get role tranfer.

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Dislikes

Slow promotion, low salary hike, location may be an issue if mines or plant. Senior management is only to save their job. Too much beurocracy and documentation. Too much discussion and no decision making.

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Finance & Accounting Department

3.0
  •  posted on 20 Sep 2021

3.0
 for  Salary and Benefits

Likes

...n. Once you wrap your head around it most other business models seem simple. 3. The pay is not bad - top quartile in the industry is maintained.

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Dislikes

1. The culture is not the most healthy. Most departments work in silos and behave adversarially with each other. Sometimes the politics is too much. 2. The support functions (non production - such as IT, HR, F&A) have more people than necessary; as a result a sizeable portion of the workforce is under-worked and overpaid while a small minority is overworked (not underpaid though). 3. There is significant lack of trust between the management and the line (no one side is exempt from blame though) - leading to draconian policies such as (non - exhaustive list): a) forbidding employees to step out of campus for any reason whatsoever (except by raising a gatepass that deducts proportionate leaves); b) having to visit the company hospital for taking any sick leave (the service quality at the hospital is not state of the art and the doctors are extremely reluctant to prescribe sick leave ; once they do, you again have to go to the hospital to get a fit certificate) . Typically these policies alienate new breed of employees who do not feel inspired to go over and beyond what is strictly necessary.

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Finance & Accounting Department

4.0
  •  posted on 25 Mar 2021

4.0
 for  Salary and Benefits

Likes

...xicity. Management is supportive and allows you to make mistakes and rectify it. Compensation is at par with industry levels.. Other Perks and benefits are more than any other corporate house. Appraisal process is transparent.

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Dislikes

Growth is slow. And there are challenges to switch work roles within the organisation.requires a lot of patience

Finance & Accounting Department

4.0
  •  posted on 07 May 2021

4.0
 for  Salary and Benefits

Likes

I like the environment which encourages my personality. Teammates are supportive and the management is transparent.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Finance & Accounting Department

4.0
  •  posted on 17 Jul 2019

3.0
 for  Salary and Benefits

Likes

It's protects and carries it's values. Strictly follows ethical conduct in the business. Safety of employees on duty is given top priority.

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Dislikes

There is no proper rationale as far as compensation is concerned. There is scope of review.

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Tata Steel Salary FAQs

How much does Tata Steel pay per year?
The average Tata Steel salary ranges from approximately ₹0.6 Lakh to ₹2.2 Lakhs per year for a Graduate Apprentice Trainee and ₹85 Lakhs to ₹96 Lakhs per year for a Vice President. Salary estimates are based on 901 Tata Steel salaries received from various employees of Tata Steel. Tata Steel employees rate the overall salary and benefits package 3.3/5 stars.
What is the highest salary in Tata Steel?
The highest-paying job at Tata Steel is a Vice President with a salary of ₹85 Lakhs to ₹96 Lakhs per year. The top 10% of employees earn more than ₹21 lakhs per year. The top 1% earn more than a whopping ₹51 lakhs per year.
What is the minimum salary in Tata Steel?
Minimum salary at Tata Steel depends on the role you are applying for. For Mechanical Engineer the minimum salary is ₹1 Lakh to ₹8 Lakhs per year, and for Electrical Engineer the minimum salary is ₹1.6 Lakh to ₹9.5 Lakhs per year and so on.
What is the salary package for freshers in Tata Steel?
The average salary at Tata Steel for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Apprenticeship Trainee and ₹15 Lakhs to ₹22 Lakhs per year for Sales Manager.
What is the notice period at Tata Steel in Finance & Accounting Department?
According to AmbitionBox, 45% of the Tata Steel employees in Finance & Accounting Department reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 717 responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Tata Steel is INRunlock blur . Salary estimates are based on 901 Tata Steel latest salaries received from various employees of Tata Steel.

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