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Monnet Ispat & Energy Ltd Salary

Monnet Ispat & Energy Ltd Salary

How much does the Monnet Ispat & Energy Ltd Pay for employees?

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As of October 2026, the average annual salary for employees at Monnet Ispat & Energy Ltd in the United States is $120,215. This translates to an approximate hourly wage of $58. Salaries at Monnet Ispat & Energy Ltd typically range from $105,775 to $135,828 annually, reflecting the diverse roles and experience levels within the company. Monnet Ispat & Energy Ltd’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Monnet Ispat & Energy Ltd Pay for Different Roles?

Explore detailed salary information for specific jobs at Monnet Ispat & Energy Ltd. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Monnet Ispat & Energy Ltd

Ready for your next career move? Explore current job openings at Monnet Ispat & Energy Ltd. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Monnet Ispat & Energy Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does Monnet Ispat & Energy Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Monnet Ispat & Energy Ltd
Energy & Utilities
Sunrise Coal LLC
Northsiouxcity.com
Industry Comparison
Our data shows that, on average, compensation at Monnet Ispat & Energy Ltd is below the average for the U.S. Energy & Utilities industry by approximately 8%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Monnet Ispat & Energy Ltd average annual salary with several similar companies. Monnet Ispat & Energy Ltd average salary of $120,215 is higher than Sunrise Coal LLC, which has an average salary of $100,617. It is higher than Northsiouxcity.com, with their average salary at $116,165. This places Monnet Ispat & Energy Ltd in a competitive position among its peers.
See Your True Competitors
The companies behind the question marks could be hiring your best people. Don't operate with incomplete data. Unlock your full competitive view with Salary.com for Business to precisely benchmark salaries, benefits, and more against your true competitors.

How Monnet Ispat & Energy Ltd's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Monnet Ispat & Energy Ltd. Click a company name to learn more.

Employee Reviews: Working at Monnet Ispat & Energy Ltd

Considering a career at Monnet Ispat & Energy Ltd? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Innovation is limited, and processes are quite rigid. Our work impacts local communities positively. My job has variety, purpose, and a supportive team. Our internal communication tools keep everyone informed and connected. Workload increases seasonally, causing occasional stress.
Commented in April 30, 2025
33
0
Systems work well, but sometimes feel overly procedural. The job is fine—safe and structured, and it is very exciting. There’s a strong emphasis on safety, and everyone takes it seriously. Team dynamics are average. Career growth is possible but delayed. Company mission aligns with my values. The culture is professional but occasionally bureaucratic, limiting fast change or innovation. The culture...
Commented in June 01, 2024
24
3
The opportunities for professional development are fantastic. Employees are recognized for their efforts. Advanced technology use improves operational efficiency and reduces environmental impact. The work is steady, and expectations are clear.
Commented in February 19, 2024
27
0

Monnet Ispat & Energy Ltd Overview

Website
www.monnetgroup.com
Founded In
1990
Employees
500 - 1,000 employees
Industry
Energy & Utilities
Headquarter Address
3400 Pawtucket Ave Riverside Rhode Island RI 02915
Revenue
$50 Million - $200 Million
Phone Number
+1 4014344500
Social Media
About Monnet Ispat & Energy Ltd
Established in 1994 by its dynamic Chairman & Managing Director, Mr. Sandeep Jajodia, Monnet Ispat & Energy Limited (MIEL), has a de-risked business portfolio that encompasses manufacturing Ferro Alloys, Coal Washing, Mining and Real Estate. Monnet Group has experience in executing and operating investments of $1 Billion in various projects. We produce various ferro alloys, such as silico mangenes

What Benefits Does Monnet Ispat & Energy Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. Monnet Ispat & Energy Ltd offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Providence?

Understanding the cost of living near Providence is key to truly evaluating a salary offer or your current compensation at Monnet Ispat & Energy Ltd.
Providence's Cost of Living Index is approximately 109.8 (9.8% more expensive than US average; 1.2% more than RI average). State capital, arts/culture (RISD, Brown), housing above US avg. RIPTA bus, Commuter Rail. When planning your budget based on a salary from Monnet Ispat & Energy Ltd, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,500 - $2,200+ A significant portion of Monnet Ispat & Energy Ltd salary. Location choices impact this heavily.
Utilities (Basic) $170 - $280 Electricity, Heating, Cooling, Water etc.
Public Transportation $70 (RIPTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $440 - $650 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,980 - $4,630+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Monnet Ispat & Energy Ltd

1. What is the typical salary range (low to high) for most roles at Monnet Ispat & Energy Ltd?

The typical annual salary range for most roles at Monnet Ispat & Energy Ltd is approximately from $105,775 to $135,828. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Monnet Ispat & Energy Ltd pay compared to Sunrise Coal LLC?

The average annual salary at Monnet Ispat & Energy Ltd is $120,215, or an hourly wage of $58, in comparison to Sunrise Coal LLC which pays $100,617 per year or $48 per hour.

3. Do salaries differ significantly between departments at Monnet Ispat & Energy Ltd?

Yes, salaries often differ between departments at Monnet Ispat & Energy Ltd due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Monnet Ispat & Energy Ltd?

Experience level is a significant factor in determining salary at Monnet Ispat & Energy Ltd, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Monnet Ispat & Energy Ltd in Providence is fair given the local cost of living?

To determine if a salary offer from Monnet Ispat & Energy Ltd in Providence is fair, first compare the gross salary to our data for similar roles at Monnet Ispat & Energy Ltd and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Providence" to understand its purchasing power.

6. Why might an individual's actual salary at Monnet Ispat & Energy Ltd differ from the ranges shown here?

An individual's actual salary at Monnet Ispat & Energy Ltd can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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