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Eriez Magnetics Salaries in Chennai

based on 69 latest salaries
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Production, Manufacturing & Engineering Sales & Business Development Procurement & Supply Chain Quality Assurance + 2 more
Designation Avg Annual Salary Open Jobs
11 - 16 years exp. · Chennai (4 salaries)
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₹7.6 L/yr - ₹11.5 L/yr

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

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

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

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

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

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

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

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

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

4 - 5 years exp. · Chennai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

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

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

16 years exp. · Chennai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

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

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

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

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

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

23 years exp. · Chennai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Last Updated: 8 Jan, 2025

Salary related reviews for Eriez Magnetics

1.9

Rated by 7 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.

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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.

read more

Dislikes

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

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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.

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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.

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 per year?
The average Eriez Magnetics salary ranges from approximately ₹2.3 Lakhs to ₹6.5 Lakhs per year for a Design Engineer and ₹7.6 Lakhs to ₹11.5 Lakhs per year for a Deputy Manager. Salary estimates are based on 69 Eriez Magnetics salaries received from various employees of Eriez Magnetics. Eriez Magnetics employees rate the overall salary and benefits package 1.9/5 stars.
What is the highest salary in Eriez Magnetics?
The highest-paying job at Eriez Magnetics is a Deputy Manager with a salary of ₹7.6 Lakhs to ₹11.5 Lakhs per year. The top 10% of employees earn more than ₹15.22 lakhs per year. The top 1% earn more than a whopping ₹52.19 lakhs per year.
What is the minimum salary in Eriez Magnetics?
Minimum salary at Eriez Magnetics depends on the role you are applying for. For Design Engineer the minimum salary is ₹2.3 Lakhs to ₹6.5 Lakhs per year, and for Senior Engineer Purchase the minimum salary is ₹6.1 Lakhs to ₹7.2 Lakhs per year and so on.
What is the notice period at Eriez Magnetics in Chennai?
According to AmbitionBox, 63% of the Eriez Magnetics employees in Chennai reported a notice period of 1 Month, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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Average annual salary in Eriez Magnetics , Chennai is INRunlock blur . Salary estimates are based on 69 Eriez Magnetics latest salaries received from various employees of Eriez Magnetics.

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