Magal Engg Tech Chennai Junior Engineer Salaries by 7 Employees

3 - 5 years exp.

₹1.8 Lakh - ₹3.5 Lakhs

Salary of majority employees

17% less than the average Junior Engineer Salary in Industrial Machinery Companies for 3 - 5 years of experience

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Salaries in different departments

Research & Development Junior Engineer Salary 3 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹3.4 L/yr
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Quality Assurance Junior Engineer Salary 3 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.5 L/yr

Last Updated: 23 Nov 2024

Companies similar to Magal Engg Tech for Junior Engineer in Chennai

Magal Engg Tech Junior Engineer Salary

3 - 5 years exp. (7 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Indutch Composites Technology Junior Engineer Salary 1 - 7 years exp. (22 salaries)	₹2.3 L/yr - ₹4.3 L/yr 8% more
The Acetech Machinery Components Junior Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.6 L/yr 17% less
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Bharat FIH Junior Engineer Salary 1 - 8 years exp. (890 salaries)	₹1.3 L/yr - ₹4.7 L/yr 11% more
Flex Junior Engineer Salary 1 - 7 years exp. (486 salaries)	₹2 L/yr - ₹5.5 L/yr 42% more	5 job openings
Foxconn Junior Engineer Salary 0 - 8 years exp. (466 salaries)	₹1.6 L/yr - ₹5.1 L/yr 28% more

Junior Engineer salary at Magal Engg Tech ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Magal Engg Tech.

Experience wise Magal Engg Tech Junior Engineer salaries in Chennai

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
3 years (3 salaries)	₹1.8 L/yr - ₹3.4 L/yr
4 years (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr

Similar Designation salaries in Magal Engg Tech

Assistant Engineer Salary

(20 salaries)

₹2.45 L/yr - ₹4 L/yr

Senior Engineer Salary

(7 salaries)

₹4 L/yr - ₹6.8 L/yr

Deputy Manager Salary

(5 salaries)

₹9.5 L/yr - ₹13.3 L/yr

Quality Engineer Salary

(3 salaries)

₹3.5 L/yr - ₹4 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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Magal Engg Tech Junior Engineer Salary FAQs

What is the salary of Junior Engineer at Magal Engg Tech in Chennai?

The average salary of a Junior Engineer at Magal Engg Tech in Chennai typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Junior Engineer in Chennai at Magal Engg Tech earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Junior Engineer Salaries at Magal Engg Tech 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 7 Magal Engg Tech employees in India.

What is the estimated take home salary of a Junior Engineer at Magal Engg Tech in Chennai?

The estimated take-home salary of a Junior Engineer at Magal Engg Tech in Chennai typically ranges from ₹21,063 to ₹22,710 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 5 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 7 salaries received from various employees of Magal Engg Tech. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magal Engg Tech for Junior Engineer in India?

Flex	₹2.0 Lakhs to ₹5.5 Lakhs per year
Foxconn	₹1.6 Lakhs to ₹5.1 Lakhs per year
Bharat FIH	₹1.3 Lakhs to ₹4.7 Lakhs per year
Indutch Composites Technology	₹2.3 Lakhs to ₹4.3 Lakhs per year

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

What is the salary of a Junior Engineer in companies similar to Magal Engg Tech in Chennai?

The salary of a Junior Engineer at companies similar to Magal Engg Tech in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

The Acetech Machinery Components

₹1.8 Lakhs to ₹2.6 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 Junior Engineer at Magal Engg Tech in Chennai?

The salary growth for a Junior Engineer at Magal Engg Tech in Chennai depends on factors such as experience, performance, and promotions. On average, a Junior Engineer in Chennai can expect the following growth trajectory at Magal Engg Tech:

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.5 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.5 Lakhs per year

and so on.

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Magal Engg Tech Junior Engineer Salaries in Chennai

Magal Engg Tech Junior Engineer salary in Chennai ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Magal Engg Tech latest salaries received from various employees of Magal Engg Tech.