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Eriez Magnetics Salaries in India (Updated 2025)

based on 82 latest salaries
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Sales & Business Development Production, Manufacturing & Engineering Procurement & Supply Chain Quality Assurance + 1 more
Designation Avg Annual Salary Open Jobs
10 - 17 years exp. (7 salaries)
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₹7.3 L/yr - ₹11.5 L/yr

2 - 6 years exp. (5 salaries)
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₹2.3 L/yr - ₹6.5 L/yr

8 - 14 years exp. (4 salaries)
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₹6.1 L/yr - ₹7.2 L/yr

18 - 21 years exp. (4 salaries)
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₹10.6 L/yr - ₹12 L/yr

10 - 16 years exp. (4 salaries)
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₹7.4 L/yr - ₹10 L/yr

8 - 11 years exp. (4 salaries)
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₹7.5 L/yr - ₹8.5 L/yr

15 - 17 years exp. (3 salaries)
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₹13 L/yr - ₹15.4 L/yr

13 - 17 years exp. (3 salaries)
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₹15 L/yr - ₹18.5 L/yr

11 - 12 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

9 - 17 years exp. (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.6 L/yr

16 - 18 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

15 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr

20 - 22 years exp. (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr

1 - 2 years exp. (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

14 - 15 years exp. (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.5 L/yr

16 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

14 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr

27 years exp. (AmbitionBox Estimate)
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₹32.4 L/yr - ₹41.4 L/yr

25 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

Last Updated: 16 Mar, 2025

Salary related reviews for Eriez Magnetics

2.7

Rated by 11 employees for salary & benefits

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 28 Apr 2019

5.0
 for  Salary and Benefits

Likes

...ned lot in special field like magnets and vibaratory feeders, conveying systems., salary on time, minimum level politics, good work environment, good work life balance, good management.

read more
  • Salary - Excellent
  • +6 more

Dislikes

good company, can't say anything dislike about eriez

Engineering Department

4.0
  •  posted on 11 Apr 2022

2.0
 for  Salary and Benefits

Likes

Working environment is very good. Can learn a lot by your own interest. There is no work pressure at all. Very supportive head and colleagues.

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  • Job security - Excellent
  • +2 more

Dislikes

...ncrement. If you get in to the company with good remuneration then you are safe. Otherwise it will be hell for salary.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Procurement & Supply Chain Department

1.0
  •  posted on 13 Sep 2024

1.0
 for  Salary and Benefits

Likes

Global team approach very good. India team not supported for employees.

Dislikes

New management behaviour very worsted. GM operation manager very worsted behaviour lot of employees file the case against EriezThey not encourage employees they deliberately bleme employees.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Production, Manufacturing & Engineering Department

5.0
  •  posted on 02 May 2022

4.0
 for  Salary and Benefits

Likes

Very good management, job security and working environment.

  • Salary - Good
  • +5 more

Dislikes

The working process has to strengthen and need to be introduced new manufacturing methods and give more trainning to employees for better growth.

read more
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Eriez Magnetics Salary FAQs

How much does Eriez Magnetics pay to its employees?
The average annual salary at Eriez Magnetics varies depending on the role, experience, and location. The salary ranges for some popular designations at Eriez Magnetics, are as follows:

Deputy Manager ₹7.3 Lakhs to ₹11.5 Lakhs per year
Design Engineer ₹2.3 Lakhs to ₹6.5 Lakhs per year
Senior Engineer Purchase ₹6.1 Lakhs to ₹7.2 Lakhs per year
Senior Manager Purchase ₹10.6 Lakhs to ₹12 Lakhs per year

The highest-paying role, Deputy Manager, earns between ₹7.3 Lakhs to ₹11.5 Lakhs per year. The top 10% of employees earn more than ₹15.1 Lakhs per year, and the top 1% earn over ₹51.7 Lakhs per year. Salaries at Eriez Magnetics 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 82 salaries submitted by Eriez Magnetics employees. Eriez Magnetics is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Eriez Magnetics is INRunlock blur . Salary estimates are based on 80+ Eriez Magnetics latest salaries received from various employees of Eriez Magnetics.

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