Mag Solvics Coimbatore Engineer Salaries by 4 Employees

2 - 3 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Salary of majority employees

62% less than the average Engineer Salary for 2 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Engineering - Software & QA Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
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Research & Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 21 Nov 2024

Companies similar to Mag Solvics for Engineer in Coimbatore

Mag Solvics Engineer Salary

2 - 3 years exp. (4 salaries)

₹2 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Infosys Engineer Salary 1 - 6 years exp. (5 salaries)	₹4 L/yr - ₹9.4 L/yr 122% more	13 job openings
HCLTech Engineer Salary 1 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹5.2 L/yr 131% more	1 job opening
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IVTL Infoview Technologies Engineer Salary 3 - 6 years exp. (6 salaries)	₹9.6 L/yr - ₹12.8 L/yr 409% more
Lakshmi Machine Works Engineer Salary 2 - 10 years exp. (214 salaries)	₹2.3 L/yr - ₹8 L/yr 174% more	3 job openings
L.G.Balakrishnan & Bros Engineer Salary 1 - 10 years exp. (159 salaries)	₹2 L/yr - ₹5 L/yr 66% more

Engineer salary at Mag Solvics ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Mag Solvics.

Experience wise Mag Solvics Engineer salaries in Coimbatore

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in Mag Solvics

Senior Service Engineer Salary

(7 salaries)

₹2.5 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(5 salaries)

₹2.6 L/yr - ₹2.8 L/yr

Service Engineer Salary

(5 salaries)

₹2.3 L/yr - ₹3.6 L/yr

Junior Engineer Salary

(3 salaries)

₹1.1 L/yr - ₹2 L/yr

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Mag Solvics Engineer Salary FAQs

What is the salary of Engineer at Mag Solvics in Coimbatore?

The average salary of a Engineer at Mag Solvics in Coimbatore typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 2 years to 3 years).

The top 10% of Engineer in Coimbatore at Mag Solvics earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Engineer Salaries at Mag Solvics 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 estimates are based on salary data submitted by 4 Mag Solvics employees in India.

What is the estimated take home salary of a Engineer at Mag Solvics in Coimbatore?

The estimated take-home salary of a Engineer at Mag Solvics in Coimbatore typically ranges from ₹15,040 to ₹16,611 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 2 years to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mag Solvics. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Mag Solvics for Engineer in India?

IVTL Infoview Technologies	₹9.6 Lakhs to ₹12.8 Lakhs per year
Lakshmi Machine Works	₹2.3 Lakhs to ₹8.0 Lakhs per year
HCLTech	₹3.5 Lakhs to ₹5.2 Lakhs per year
Infosys	₹4.0 Lakhs to ₹9.4 Lakhs per year
L.G.Balakrishnan & Bros	₹2.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mag Solvics, depending on the role and experience level.

How the salary growth look like for a Engineer at Mag Solvics in Coimbatore?

The salary growth for a Engineer at Mag Solvics in Coimbatore depends on factors such as experience, performance, and promotions. On average, a Engineer in Coimbatore can expect the following growth trajectory at Mag Solvics:

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Mag Solvics Engineer Salaries in Coimbatore

Mag Solvics Engineer salary in Coimbatore ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mag Solvics latest salaries received from various employees of Mag Solvics.