Eriez Magnetics Salaries by 80+ Employees (Updated 2025)

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Sales & Business Development Production, Manufacturing & Engineering Procurement & Supply Chain Quality Assurance + 1 more

Designation	Avg Annual Salary	Open Jobs
Senior Purchase and Vendor Development Manager 18 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Machine Designer 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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HR Executive Generalist 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Quality Engineer 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Sales 9 - 17 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.1 L/yr
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Assistant Manager 12 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Salary related reviews for Eriez Magnetics

2.7

Rated by 11 employees for salary & benefits

Head Of Product in Chennai

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.

Salary - Excellent

+6 more

Dislikes

good company, can't say anything dislike about eriez

Design Engineer in Chennai

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.

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.

Salary - Poor

+1 more

Assistant Manager Team Lead Purchasing in Chennai

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.

Salary - Bad

+5 more

Sr Manager HOD Production in Chennai

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.

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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 ₹7.3 Lakhs to ₹11.5 Lakhs per year for a Deputy Manager. Salary estimates are based on 82 Eriez Magnetics salaries received from various employees of Eriez Magnetics. Eriez Magnetics employees rate the overall salary and benefits package 2.7/5 stars.

What is the highest salary in Eriez Magnetics?

The highest-paying job at Eriez Magnetics is a Deputy Manager with a salary of ₹7.3 Lakhs to ₹11.5 Lakhs per year. The top 10% of employees earn more than ₹15.15 lakhs per year. The top 1% earn more than a whopping ₹51.73 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?

According to AmbitionBox, 63% of the Eriez Magnetics employees 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 35 responses on AmbitionBox in last 2 years.

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Eriez Magnetics Salaries by Location

Average annual salary in Eriez Magnetics is INR . Salary estimates are based on 82 Eriez Magnetics latest salaries received from various employees of Eriez Magnetics.