Tata Steel Principal Manager Salaries by 4 Employees

15 - 16 years exp.

₹18.4 Lakhs - ₹21.6 Lakhs

Low Confidence

Salary of majority employees

39% less than the average Principal Manager Salary in Iron & Steel Companies for 15 - 16 years of experience

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Last Updated: 6 Nov 2023

Companies similar to Tata Steel for Principal Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Principal Manager Salary 6 - 16 years exp. (7 salaries)	₹8.5 L/yr - ₹22.1 L/yr 19% less
Fortum india Principal Manager Salary 11 - 17 years exp. (6 salaries)	₹12 L/yr - ₹24.5 L/yr 2% less
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Info Edge Principal Manager Salary 10 - 13 years exp. (4 salaries)	₹25 L/yr - ₹41 L/yr 65% more
Vodafone Idea Principal Manager Salary 1 - 17 years exp. (4 salaries)	₹14.5 L/yr - ₹15.5 L/yr 26% less
S&P Global Principal Manager Salary 7 - 12 years exp. (4 salaries)	₹26 L/yr - ₹35 L/yr 51% more

Principal Manager salary at Tata Steel ranges between ₹18.4 Lakhs to ₹21.6 Lakhs per year for employees with experience between 15 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Tata Steel.

Experience wise Tata Steel Principal Manager salaries

Last Updated: 6 Nov 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹18.4 L/yr - ₹21.6 L/yr
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Salary related reviews for Tata Steel

Project Engineer in Jamshedpur

Full Time

Construction & Site Engineering Department

3.0

• posted on 29 Feb 2024

3.0

for Salary and Benefits

Likes

Work life is balanced in this company

Job security - Excellent

+3 more

Dislikes

...ou will not be aware of that. Their attitude and ego is as high as IAS officers. They will add your bonus amount to CTC and provide your ctc structure in informal format and it will vary in your appointment letter so please do recheck and negotiate again

Maintenance Engineer in Ghaziabad

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 05 Aug 2023

3.0

for Salary and Benefits

Likes

As all know Tata is big group t is very helpful company for doing smart job but management is not good Yaha RAJA Aor raja banta jata hai Garib aor garib banta jata hai ye system active h .

Skill development - Excellent

+3 more

Dislikes

The company is good but there is Nepotism in promotion and in increment . Diploma person getting more salary than B tech highly experienced person thats why company growths going down .

Promotions - Poor

Shift Incharge in Jamshedpur

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

Worst company...vendor system: Very low salary 15000/months no payment of Sunday leave ..canteen facility is poisonous..parking is 2 km away from plant ..

Dislikes

Worst company. Ratan tata is a very mastermind, fraud type person

Salary - Bad

+6 more

Junior Engineer in Khopoli

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 11 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing , only feel proud for work with TATA

Job security - Good

+1 more

Dislikes

...large amount pay for launch . Work culture is not good , not any satisfaction . Salary comes very little in hand . Doing extra hours duty with 6 days working .

Salary - Bad

+2 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Tata Steel Principal Manager Salary FAQs

What is the salary of Principal Manager at Tata Steel ?

The average salary of a Principal Manager at Tata Steel in India typically ranges from ₹18.4 Lakhs to ₹21.6 Lakhs per year, depending on experience (from 15 years to 16 years).

The top 10% of Principal Manager at Tata Steel earn more than ₹21.6 Lakhs per year, and the top 1% earn over ₹21.6 Lakhs per year. Principal 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 4 Tata Steel employees in India.

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

The estimated take-home salary of a Principal Manager at Tata Steel in India typically ranges from ₹1,31,682 to ₹1,36,494 per month. This is based on the average salary range of ₹18.4 Lakhs to ₹21.6 Lakhs per year for employees with experience ranging from 15 years to 16 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 Principal Manager in India?

Info Edge	₹25.0 Lakhs to ₹41.0 Lakhs per year
S&P Global	₹26.0 Lakhs to ₹35.0 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 Principal Manager in companies similar to Tata Steel in India?

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

Fortum india	₹12.0 Lakhs to ₹24.5 Lakhs per year
Bharat Financial Inclusion	₹8.5 Lakhs to ₹22.1 Lakhs per year
Vodafone Idea	₹14.5 Lakhs to ₹15.5 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 Principal Manager at Tata Steel in India?

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

Experience	Average Salary Range
15 years	₹18.4 Lakhs to ₹21.6 Lakhs per year

and so on.

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Tata Steel Principal Manager Salaries

Tata Steel Principal Manager salary in India ranges between ₹18.4 Lakhs to ₹21.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Tata Steel latest salaries received from various employees of Tata Steel.