Mag Solvics Senior Design Engineer Salaries by 5 Employees

2 - 7 years exp.

₹2.8 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

66% less than the average Senior Design Engineer Salary for 2 - 7 years of experience

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Last Updated: 28 Nov 2024

Companies similar to Mag Solvics for Senior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Huawei Technologies Senior Design Engineer Salary 3 - 10 years exp. (19 salaries)	₹4.5 L/yr - ₹8.5 L/yr 112% more
Marelli Senior Design Engineer Salary 5 - 8 years exp. (7 salaries)	₹7.6 L/yr - ₹11.5 L/yr 192% more
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ABCI Infrastructures Senior Design Engineer Salary 0 - 7 years exp. (4 salaries)	₹12 L/yr - ₹18.3 L/yr 386% more
HCL Infosystems Senior Design Engineer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 202% more
Seoyon E-hwa Automotive Senior Design Engineer Salary 5 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 121% more
Caparo Engineering India Senior Design Engineer Salary 8 - 14 years exp. (3 salaries)	₹7 L/yr - ₹9.2 L/yr 158% more

Senior Design Engineer salary at Mag Solvics ranges between ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Mag Solvics.

Experience wise Mag Solvics Senior Design Engineer salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

View all

Similar Designation salaries in Mag Solvics

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(4 salaries)

₹3.18 L/yr - ₹4 L/yr

Design Engineer Salary

(7 salaries)

₹1.9 L/yr - ₹3 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Junior Engineer Salary

(3 salaries)

₹1.1 L/yr - ₹2 L/yr

Senior Mechanical Design Engineer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(5 salaries)

₹2.6 L/yr - ₹2.75 L/yr

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Mag Solvics Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Mag Solvics ?

The average salary of a Senior Design Engineer at Mag Solvics in India typically ranges from ₹2.8 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Senior Design Engineer at Mag Solvics earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Senior Design 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 5 Mag Solvics employees in India.

What is the estimated take home salary of a Senior Design Engineer at Mag Solvics in India?

The estimated take-home salary of a Senior Design Engineer at Mag Solvics in India typically ranges from ₹22,042 to ₹23,524 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 2 years to 7 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 5 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 Senior Design Engineer in India?

ABCI Infrastructures	₹12.0 Lakhs to ₹18.3 Lakhs per year
HCL Infosystems	₹6.0 Lakhs to ₹15.0 Lakhs per year
Marelli	₹7.6 Lakhs to ₹11.5 Lakhs per year
Caparo Engineering India	₹7.0 Lakhs to ₹9.2 Lakhs per year
Seoyon E-hwa Automotive	₹6.5 Lakhs to ₹7.0 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.

What is the salary of a Senior Design Engineer in companies similar to Mag Solvics in India?

The salary of a Senior Design Engineer at companies similar to Mag Solvics in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Huawei Technologies

₹4.5 Lakhs to ₹8.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Design Engineer at Mag Solvics in India?

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

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.5 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Mag Solvics Senior Design Engineer Salaries

Mag Solvics Senior Design Engineer salary in India ranges between ₹2.8 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mag Solvics latest salaries received from various employees of Mag Solvics.