Mag Filters & Equipments Salaries by 100+ Employees

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Production, Manufacturing & Engineering Quality Assurance Finance & Accounting Procurement & Supply Chain + 5 more

Designation	Avg Annual Salary	Open Jobs
Quality Engineer 1 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹2.8 L/yr
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Senior Engineer 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr
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Assistant Engineer 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹2.7 L/yr
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Senior Quality Engineer 7 - 11 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr
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Production Engineer 2 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹3.6 L/yr
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Graduate Engineer Trainee (Get) 0 - 1 year exp. (4 salaries)	₹1.1 L/yr - ₹2 L/yr
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Purchase Engineer 1 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹4.3 L/yr
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Cheif Financial Officer 22 - 28 years exp. (4 salaries)	₹20 L/yr - ₹30 L/yr
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Accountant 5 - 11 years exp. (3 salaries)	₹3.8 L/yr - ₹4.8 L/yr
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Legal Officer 11 - 18 years exp. (3 salaries)	₹8.7 L/yr - ₹9.7 L/yr
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Senior Production Engineer 9 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr
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Marketing Head 10 - 11 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
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Assistant Manager Design & Development 14 - 17 years exp. (AmbitionBox Estimate)	₹0.7 L/yr - ₹0.8 L/yr
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Senior Accounts Executive 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Quality Assurance 0 - 2 years exp. (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.2 L/yr
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Head Operations 26 - 29 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr
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Deputy Manager 20 - 26 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Senior Accountant 13 - 15 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.8 L/yr
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Assistant Accounts Manager 10 - 11 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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Senior Manager Commercial 30 - 31 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
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Salary Discussions, Hike & Promotions

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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Mag Filters & Equipments Salary FAQs

How much does Mag Filters & Equipments pay to its employees?

The average annual salary at Mag Filters & Equipments varies depending on the role, experience, and location. The salary ranges for some popular designations at Mag Filters & Equipments, are as follows:

Quality Engineer	₹1.8 Lakhs to ₹2.8 Lakhs per year
Senior Engineer	₹3 Lakhs to ₹5 Lakhs per year
Assistant Engineer	₹2 Lakhs to ₹2.7 Lakhs per year
Senior Quality Engineer	₹4 Lakhs to ₹5 Lakhs per year

The highest-paying role, Senior Quality Engineer, earns between ₹4 Lakhs to ₹5 Lakhs per year. The top 10% of employees earn more than ₹11.6 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. Salaries at Mag Filters & Equipments 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 166 salaries submitted by Mag Filters & Equipments employees. Mag Filters & Equipments is rated 2.1 out of 5 stars by its employees on the salary and benefits parameter.

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Mag Filters & Equipments Salaries by Location

Average annual salary in Mag Filters & Equipments is INR . Salary estimates are based on 100+ Mag Filters & Equipments latest salaries received from various employees of Mag Filters & Equipments.