Mag Solvics Coimbatore Salaries by 100+ Employees (Updated 2024)

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Research & Development Production, Manufacturing & Engineering Finance & Accounting Procurement & Supply Chain + 6 more

Designation	Avg Annual Salary	Open Jobs
Senior Officer Logistics 3 years exp. · Coimbatore (AmbitionBox Estimate)	₹0.2 L/yr - ₹0.2 L/yr
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Embedded Firmware Engineer 2 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Business Analyst 3 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Product Development Executive 17 years exp. · Coimbatore (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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R&D Design Engineer 8 years exp. · Coimbatore (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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SAP FICO and S4 Hana Consultant 4 years exp. · Coimbatore (AmbitionBox Estimate)	₹0.5 L/yr - ₹0.7 L/yr
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Textile Technologist 19 years exp. · Coimbatore (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Manager Assembly 3 years exp. · Coimbatore (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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IT Analyst 2 years exp. · Coimbatore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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General Manager R&D 25 years exp. · Coimbatore (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
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Senior Manager 6 - 16 years exp. · Coimbatore (4 salaries)	₹4 L/yr - ₹6.5 L/yr
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Engineer 2 - 3 years exp. · Coimbatore (4 salaries)	₹2 L/yr - ₹2.5 L/yr
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Assistant Manager 2 - 9 years exp. · Coimbatore (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr
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Senior Executive 2 years exp. · Coimbatore (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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DGM 20 - 21 years exp. · Coimbatore (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Vendor Development Fresher · Coimbatore (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr
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Manager 20 years exp. · Coimbatore (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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CNC Machine Operator 24 years exp. · Coimbatore (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 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 Salary FAQs

How much does Mag Solvics pay per year?

The average Mag Solvics salary ranges from approximately ₹1 Lakh to ₹2.4 Lakhs per year for a Service Engineer and ₹4 Lakhs to ₹6.5 Lakhs per year for a Senior Manager. Salary estimates are based on 141 Mag Solvics salaries received from various employees of Mag Solvics. Mag Solvics employees rate the overall salary and benefits package 3.7/5 stars.

What is the highest salary in Mag Solvics?

The highest-paying job at Mag Solvics is a Senior Manager with a salary of ₹4 Lakhs to ₹6.5 Lakhs per year. The top 10% of employees earn more than ₹6.85 lakhs per year. The top 1% earn more than a whopping ₹16 lakhs per year.

What is the minimum salary in Mag Solvics?

Minimum salary at Mag Solvics depends on the role you are applying for. For Service Engineer the minimum salary is ₹1 Lakh to ₹2.4 Lakhs per year, and for Engineer the minimum salary is ₹1.5 Lakh to ₹2.5 Lakhs per year and so on.

What is the notice period at Mag Solvics in Coimbatore?

According to AmbitionBox, 44% of the Mag Solvics employees in Coimbatore reported a notice period of 1 Month, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 75 responses on AmbitionBox in last 2 years.

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Mag Solvics Coimbatore Salaries by Department

Average annual salary in Mag Solvics , Coimbatore is INR . Salary estimates are based on 141 Mag Solvics latest salaries received from various employees of Mag Solvics.

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