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Mag Solvics

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3.7

based on 24 Reviews

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Mag Solvics R&D Engineer salaries in Tiruchirappalli

Annual salary range
4 - 5 years exp.
₹1.3 Lakh - ₹1.7 Lakh
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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Last Updated: 15 Mar 2023

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Mag Solvics R&D Engineer Salary

4 - 5 years exp. (AmbitionBox Estimate)

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₹1.3 L/yr - ₹1.7 L/yr

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R&D Engineer salary at Mag Solvics ranges between ₹1.3 Lakh to ₹1.7 Lakh per year for employees with experience between 4 years to 5 years. Salary estimates are based on 2 latest salaries received from various employees of Mag Solvics.

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2w (edited)
peacemaker
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Georgia-Pacific
New offer. Confused.
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 Solvics R&D Engineer Salary FAQs

How the salary growth look like for a R&D Engineer at Mag Solvics in Tiruchirappalli?
The salary growth for a R&D Engineer at Mag Solvics in Tiruchirappalli depends on factors such as experience, performance, and promotions. On average, a R&D Engineer in Tiruchirappalli can expect the following growth trajectory at Mag Solvics:

Experience Average Salary Range
4 years ₹1.3 Lakhs to ₹1.7 Lakhs per year
5 years ₹1.3 Lakhs to ₹1.7 Lakhs per year
and so on.

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Mag Solvics R&D Engineer salary in Tiruchirappalli ranges between ₹1.3 Lakh to ₹1.7 Lakh. This is an estimate based on latest salaries received from employees of Mag Solvics.