Tata Steel Manager M1 Salaries by 4 Employees

14 - 18 years exp.

₹15 Lakhs - ₹24.5 Lakhs

Low Confidence

Salary of majority employees

70% more than the average Manager M1 Salary in Iron & Steel Companies for 14 - 18 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager M1 Salary 16 - 18 years exp. (3 salaries)	₹20 L/yr - ₹24.5 L/yr
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Project & Program Management Manager M1 Salary 14 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 8 Nov 2024

Companies similar to Tata Steel for Manager M1

Company name	Avg Annual Salary	Open Jobs
JSW Steel Manager M1 Salary 12 - 15 years exp. (7 salaries)	₹13 L/yr - ₹18 L/yr 23% less
ArcelorMittal Nippon Steel Manager M1 Salary 5 - 14 years exp. (4 salaries)	₹9 L/yr - ₹13 L/yr 44% less
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ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	₹4.5 L/yr - ₹16 L/yr 48% less
Vodafone Idea Manager M1 Salary 1 - 12 years exp. (388 salaries)	₹3.6 L/yr - ₹12.6 L/yr 58% less
Axis Bank Manager M1 Salary 5 - 12 years exp. (159 salaries)	₹4.2 L/yr - ₹12 L/yr 60% less

Manager M1 salary at Tata Steel ranges between ₹15 Lakhs to ₹24.5 Lakhs per year for employees with experience between 14 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Manager M1 salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹27.1 L/yr
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15+ years (3 salaries)	₹20 L/yr - ₹24.5 L/yr

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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

Department Manager in Jamshedpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 02 Feb 2023

2.0

for Salary and Benefits

Likes

Lateral are getting higher salary with less experience, While trainees are getting so less salary. I started at 7900 basic salaries and now after 6 years, I get 15000 basic pay. Not a good hike in salary.

Work satisfaction - Good

+2 more

Dislikes

Salary structure is very bad , you will feel like , when will our salary rise, only gives raise on basic salary not on CTC.

Salary - Poor

+1 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

Operations Executive in Hosapete

Production, Manufacturing & Engineering Department

5.0

• posted on 03 Jan 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

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.

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Tata Steel Manager M1 Salary FAQs

What is the salary of Manager M1 at Tata Steel?

Manager M1 salary at Tata Steel in India ranges between ₹15.0 Lakhs to ₹24.5 Lakhs for experience between 14 years to 18 years. According to our estimates it is 70% more than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel India.

How does the salary of a Manager M1 at Tata Steel India compare with the average salary range for this job?

The average salary of a Manager M1 at Tata Steel is 70% more than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

What is the salary of a Manager M1 in companies similar to Tata Steel in India?

JSW Steel Manager M1 Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
ArcelorMittal Nippon Steel Manager M1 Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹16.0 Lakhs per year
Vodafone Idea Manager M1 Salary - ₹3.6 Lakhs to ₹12.6 Lakhs per year
Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at Tata Steel in India?

The estimated take-home salary of a Manager M1 at Tata Steel ranges between ₹1,30,610 per month to ₹1,35,279 per month in India. The take-home salary calculation is based on the average Tata Steel Manager M1 salary in India which ranges between ₹15.0 Lakhs to ₹24.5 Lakhs per year for employees with experience between 14 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Tata Steel?

According to AmbitionBox, 100% of the Tata Steel Manager M1s reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Tata Steel Manager M1 Salaries

Tata Steel Manager M1 salary in India ranges between ₹15 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Steel latest salaries received from various employees of Tata Steel.