Tata Steel Head Finance and Commercial Salaries by 4 Employees

2 - 12 years exp.

₹33 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹35 Lakhs

Variable (17%)

₹7.0 Lakhs

18% more than the average Head Finance and Commercial Salary in Iron & Steel Companies for 2 - 12 years of experience

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Last Updated: 13 Apr 2024

Companies similar to Tata Steel for Head Finance and Commercial

Company name	Avg Annual Salary	Open Jobs
Diageo Head Finance and Commercial Salary 14 - 21 years exp. (4 salaries)	₹83 L/yr - ₹99 L/yr 119% more
Toshvin Analytical Head Finance and Commercial Salary 18 - 24 years exp. (4 salaries)	₹27.9 L/yr - ₹35.7 L/yr 26% less
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Ajio Business Head Finance and Commercial Salary 21 - 23 years exp. (3 salaries)	₹70 L/yr - ₹95 L/yr 106% more
Reliance Retail Head Finance and Commercial Salary 10 - 23 years exp. (3 salaries)	₹38 L/yr - ₹70 L/yr 16% more
Worldwide Media Head Finance and Commercial Salary 12 - 14 years exp. (3 salaries)	₹22 L/yr - ₹24 L/yr 44% less

Head Finance and Commercial salary at Tata Steel ranges between ₹33 Lakhs to ₹45 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Head Finance and Commercial salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
3 years (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
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11 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
12 years (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr

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Salary related reviews for Tata Steel

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 Associate in Meramandali, Dhenkanal

Full Time

Production, Manufacturing & Engineering Department

5.0

• posted on 19 Feb 2022

1.0

for Salary and Benefits

Likes

Good work environment and culture.

Skill development - Excellent

+1 more

Dislikes

Many people whose salary is very low but not pay revised till now.This salary structure is not acceptable in this company. Jamshedpur and Kalinganagar site rules are very good, but Meramandali site rule is very bad.kindly look into this matter.

Salary - Bad

+4 more

Senior Associate in Dhenkanal

Steel Melting Shop Department

1.0

• posted on 30 Aug 2021

1.0

for Salary and Benefits

Likes

job security

Job security - Good

Dislikes

worst company ever worker life are hell ,less salary,out the employee from colony due to outer side house rent increase so difficult to servive, if any one say about its policy then company put consiquense management like britsh raj, politics is more in this company even this type politics not even happen at india pakistan politcs

Salary - Bad

+5 more

Finance Manager in Jamshedpur

Finance & Accounting Department

4.0

• posted on 09 Jan 2019

3.0

for Salary and Benefits

Likes

I got a good opportunity to work with the people of various backgrounds. Thus I have trained myself without any specific training. In the initial stage of my carrier I was guided by my team leader and that was a very good opportunity of learning. I got an opportunity to work with various persons e.g. lawyers, consultant etc which has given me good opportunity to know more about my industry. Thus all the above has inspired me to give innovative ideas.

Skill development - Good

+2 more

Dislikes

Our work was evaluated on the basis of neighboring industry of the town but the compensation was not equal and growth was also very slow. In the last phase of my service the team leader was not appreciated our experience and thus work was effected consequently I was not able to deliver as desired or required by the industry.

Company culture - Poor

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Tata Steel Head Finance and Commercial Salary FAQs

What is the salary of Head Finance and Commercial at Tata Steel ?

The average salary of a Head Finance and Commercial at Tata Steel in India typically ranges from ₹33.0 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Head Finance and Commercial at Tata Steel earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Head Finance and Commercial 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 4 Tata Steel employees in India.

What is the estimated take home salary of a Head Finance and Commercial at Tata Steel in India?

The estimated take-home salary of a Head Finance and Commercial at Tata Steel in India typically ranges from ₹2,49,048 to ₹2,59,172 per month. This is based on the average salary range of ₹33.0 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 2 years to 12 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 4 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 Head Finance and Commercial in India?

Diageo	₹83.0 Lakhs to ₹99.0 Lakhs per year
Ajio Business	₹70.0 Lakhs to ₹95.0 Lakhs per year
Reliance Retail	₹38.0 Lakhs to ₹70.0 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 Head Finance and Commercial in companies similar to Tata Steel in India?

The salary of a Head Finance and Commercial at companies similar to Tata Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Toshvin Analytical	₹27.9 Lakhs to ₹35.7 Lakhs per year
Worldwide Media	₹22.0 Lakhs to ₹24.0 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 Head Finance and Commercial at Tata Steel in India?

The salary growth for a Head Finance and Commercial at Tata Steel depends on factors such as experience, performance, and promotions. On average, a Head Finance and Commercial can expect the following growth trajectory at Tata Steel:

Experience	Average Salary Range
2 years	₹40.5 Lakhs to ₹51.8 Lakhs per year
3 years	₹29.7 Lakhs to ₹37.9 Lakhs per year
11 years	₹40.5 Lakhs to ₹51.8 Lakhs per year
12 years	₹40.5 Lakhs to ₹51.8 Lakhs per year

and so on.

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Tata Steel Head Finance and Commercial Salaries

Tata Steel Head Finance and Commercial salary in India ranges between ₹33 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Steel latest salaries received from various employees of Tata Steel.