Eram Magnaflux Systems Salaries by 60+ Employees (Updated 2024)

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Research & Development Production, Manufacturing & Engineering Procurement & Supply Chain Finance & Accounting + 1 more

Designation	Avg Annual Salary	Open Jobs
R&D Engineer 0 - 3 years exp. (7 salaries)	₹1.7 L/yr - ₹3 L/yr
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Store Incharge 15 - 19 years exp. (3 salaries)	₹2.8 L/yr - ₹5.5 L/yr
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Research and Development Software Engineer 3 - 5 years exp. (3 salaries)	₹3.6 L/yr - ₹6 L/yr
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CEO 31 years exp. (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.1 L/yr
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Store Manager 19 - 21 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Asst Store 5 - 15 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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PCB Assembly Engineer 4 - 7 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Senior Production Manager 23 - 25 years exp. (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
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Account Assistant 3 - 4 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Test Engineer 0 - 12 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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Production Manager 20 - 23 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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Electrical Engineer 4 - 5 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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PCB Soldering 4 - 5 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Embedded Developer 0 - 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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Service Engineer 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Assistant Store Incharge 2 - 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Embedded Software Engineer 1 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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Hardware Testing Engineer 2 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Accounts & Taxation Executive 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Testing Engineering Analyst 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Salary related reviews for Eram Magnaflux Systems

2.1

Rated by 4 employees for salary & benefits

Software Programmer

R&D Department

2.0

• posted on 26 May 2018

3.0

for Salary and Benefits

Likes

This is small private company. For initial experience you can work there for one or two years.

Dislikes

Work life balance is very poor. There is no health insurance for employees. No training to employee. Outdated innovation. Company policies are not standardized and product is not up to the mark. As there is no management strategies regarding product quality and standards, lot of work need to do again and again. Therefore no work satisfaction. No coordination between management. Employee health is not important to the management. I have seen the accidents happened due to careless approach of management regarding work safety.

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Eram Magnaflux Systems Salary FAQs

How much does Eram Magnaflux Systems pay per year?

The average Eram Magnaflux Systems salary ranges from approximately ₹1.7 Lakh to ₹3 Lakhs per year for a R&D Engineer and ₹1.7 Lakh to ₹3 Lakhs per year for a R&D Engineer. Salary estimates are based on 62 Eram Magnaflux Systems salaries received from various employees of Eram Magnaflux Systems. Eram Magnaflux Systems employees rate the overall salary and benefits package 2.1/5 stars.

What is the highest salary in Eram Magnaflux Systems?

The highest-paying job at Eram Magnaflux Systems is a R&D Engineer with a salary of ₹1.7 Lakh to ₹3 Lakhs per year. The top 10% of employees earn more than ₹11 lakhs per year. The top 1% earn more than a whopping ₹34.79 lakhs per year.

What is the minimum salary in Eram Magnaflux Systems?

Minimum salary at Eram Magnaflux Systems depends on the role you are applying for. For Embedded Developer the minimum salary is ₹1.7 Lakh to ₹2.2 Lakhs per year, and for R&D Engineer the minimum salary is ₹1.7 Lakh to ₹3 Lakhs per year and so on.

What is the notice period at Eram Magnaflux Systems?

According to AmbitionBox, 58% of the Eram Magnaflux Systems employees reported a notice period of 1 Month, 34% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Eram Magnaflux Systems Salaries by Location

Eram Magnaflux Systems salaries in Pune

Eram Magnaflux Systems Salaries by Department

Average annual salary in Eram Magnaflux Systems is INR . Salary estimates are based on 62 Eram Magnaflux Systems latest salaries received from various employees of Eram Magnaflux Systems.