Eram Magnaflux Systems Pune Salaries by 40+ Employees

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

Designation	Avg Annual Salary	Open Jobs
PCB Layout Design Engineer 3 years exp. · Pune (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Sales & Marketing Engineer 7 years exp. · Pune (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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Auto CAD Designer 9 years exp. · Pune (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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Service Engineer 2 years exp. · Pune (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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UPS Service Engineer Fresher · Pune (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Senior R&D Engineer 10 years exp. · Pune (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Electrical Testing Engineer 4 years exp. · Pune (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Electrical Technician 3 - 4 years exp. · Pune (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Eram Magnaflux Systems

2.5

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 Outdated innovation.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.

Skill development - Poor

+4 more

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Eram Magnaflux Systems Salary FAQs

How much does Eram Magnaflux Systems pay to its employees?

The average annual salary at Eram Magnaflux Systems varies depending on the role, experience, and location. The salary ranges for some popular designations at Eram Magnaflux Systems, are as follows:

PCB Layout Design Engineer	₹1.6 Lakhs to ₹2.1 Lakhs per year
Sales & Marketing Engineer	₹3.8 Lakhs to ₹4.8 Lakhs per year
Auto CAD Designer	₹4.1 Lakhs to ₹5.3 Lakhs per year
Service Engineer	₹3.2 Lakhs to ₹4 Lakhs per year

The highest-paying role, R&D Engineer, earns between ₹1.7 Lakh to ₹3 Lakhs per year. The top 10% of employees earn more than ₹11 Lakhs per year, and the top 1% earn over ₹34.8 Lakhs per year. Salaries at Eram Magnaflux Systems 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 salary estimates are based on data from 48 salaries submitted by Eram Magnaflux Systems employees. Eram Magnaflux Systems is rated 2.5 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Eram Magnaflux Systems , Pune is INR . Salary estimates are based on 40+ Eram Magnaflux Systems latest salaries received from various employees of Eram Magnaflux Systems.