Mag Solvics Assistant Manager Salaries by 4 Employees (Updated 2024)

2 - 10 years exp.

₹2.2 Lakhs - ₹4.8 Lakhs

Salary of majority employees

61% less than the average Assistant Manager Salary for 2 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
Sales & Business Development Assistant Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr
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Procurement & Supply Chain Assistant Manager Salary 9 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
Research & Development Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 12 Dec 2024

Companies similar to Mag Solvics for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Assistant Manager Salary 6 - 17 years exp. (556 salaries)	₹4 L/yr - ₹14.5 L/yr 173% more	2 job openings
TCS Assistant Manager Salary 4 - 20 years exp. (6.4k salaries)	₹4.4 L/yr - ₹16.7 L/yr 216% more
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Infosys Assistant Manager Salary 8 - 17 years exp. (468 salaries)	₹4.2 L/yr - ₹16 L/yr 170% more
Wipro Assistant Manager Salary 2 - 18 years exp. (4k salaries)	₹4.5 L/yr - ₹17 L/yr 208% more	1 job opening
HCLTech Assistant Manager Salary 1 - 15 years exp. (1.2k salaries)	₹4.3 L/yr - ₹16 L/yr 183% more
LTIMindtree Assistant Manager Salary 3 - 10 years exp. (43 salaries)	₹5.9 L/yr - ₹24 L/yr 318% more
Mphasis Assistant Manager Salary 5 - 17 years exp. (243 salaries)	₹6 L/yr - ₹24.5 L/yr 319% more
Persistent Systems Assistant Manager Salary 5 - 15 years exp. (50 salaries)	₹7.2 L/yr - ₹20.4 L/yr 322% more
Hexaware Technologies Assistant Manager Salary 7 - 17 years exp. (170 salaries)	₹4.3 L/yr - ₹15.3 L/yr 171% more	2 job openings
Huawei Technologies Assistant Manager Salary 8 - 16 years exp. (217 salaries)	₹5.3 L/yr - ₹15.1 L/yr 210% more
Marelli Assistant Manager Salary 5 - 12 years exp. (211 salaries)	₹8.8 L/yr - ₹22 L/yr 393% more
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ABCI Infrastructures Assistant Manager Salary 0 - 13 years exp. (124 salaries)	₹5.1 L/yr - ₹17.4 L/yr 247% more	2 job openings
Caparo Engineering India Assistant Manager Salary 7 - 16 years exp. (87 salaries)	₹5 L/yr - ₹10.5 L/yr 125% more
HCL Infosystems Assistant Manager Salary 4 - 13 years exp. (86 salaries)	₹4.1 L/yr - ₹15 L/yr 179% more
JioMart Assistant Manager Salary 3 - 12 years exp. (80 salaries)	₹3.2 L/yr - ₹9.5 L/yr 86% more
Creambell Assistant Manager Salary 4 - 17 years exp. (38 salaries)	₹4.8 L/yr - ₹12.5 L/yr 153% more
Seoyon E-hwa Automotive Assistant Manager Salary 9 - 18 years exp. (26 salaries)	₹6.8 L/yr - ₹10.5 L/yr 158% more
Novartis Healthcare Assistant Manager Salary 5 - 12 years exp. (19 salaries)	₹10 L/yr - ₹25 L/yr 404% more
TCL Assistant Manager Salary 4 - 13 years exp. (18 salaries)	₹8 L/yr - ₹19.5 L/yr 292% more
Testo India Assistant Manager Salary 1 - 12 years exp. (18 salaries)	₹8.1 L/yr - ₹33.8 L/yr 479% more

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Assistant Manager salary at Mag Solvics ranges between ₹2.2 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Mag Solvics.

Experience wise Mag Solvics Assistant Manager salaries

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Mag Solvics

Deputy Manager Salary

(5 salaries)

₹2.6 L/yr - ₹2.75 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Mag Solvics Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Mag Solvics?

Assistant Manager salary at Mag Solvics in India ranges between ₹2.2 Lakhs to ₹4.8 Lakhs for experience between 2 years to 10 years. According to our estimates it is 61% less than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mag Solvics India.

How does the salary of a Assistant Manager at Mag Solvics India compare with the average salary range for this job?

The average salary of a Assistant Manager at Mag Solvics is 61% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mag Solvics to a Assistant Manager in India?

Testo India Assistant Manager Salary - ₹8.1 Lakhs to ₹33.8 Lakhs per year
IVTL Infoview Technologies Assistant Manager Salary - ₹8.0 Lakhs to ₹24.5 Lakhs per year
Novartis Healthcare Assistant Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Marelli Assistant Manager Salary - ₹8.8 Lakhs to ₹22.0 Lakhs per year
Persistent Systems Assistant Manager Salary - ₹7.2 Lakhs to ₹20.4 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Mag Solvics in India?

Mphasis Assistant Manager Salary - ₹6.0 Lakhs to ₹24.5 Lakhs per year
LTIMindtree Assistant Manager Salary - ₹5.9 Lakhs to ₹24.0 Lakhs per year
TCL Assistant Manager Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Kyndal India Assistant Manager Salary - ₹3.0 Lakhs to ₹24.5 Lakhs per year
Cogniter Technologies Assistant Manager Salary - ₹8.6 Lakhs to ₹24.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Mag Solvics in India?

The estimated take-home salary of a Assistant Manager at Mag Solvics ranges between ₹23,808 per month to ₹25,264 per month in India. The take-home salary calculation is based on the average Mag Solvics Assistant Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.8 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Mag Solvics?

According to AmbitionBox, 50% of the Mag Solvics Assistant Managers reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mag Solvics Assistant Manager Salaries

Mag Solvics Assistant Manager salary in India ranges between ₹2.2 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mag Solvics latest salaries received from various employees of Mag Solvics.