Magenta Ev Solutions Mumbai Salaries by 50+ Employees (Updated 2024)

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Human Resources Research & Development Procurement & Supply Chain Project & Program Management + 2 more

Designation	Avg Annual Salary	Open Jobs
Production Manager 12 - 14 years exp. · Mumbai (3 salaries)	₹8.3 L/yr - ₹9.3 L/yr
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Payroll Executive 4 - 6 years exp. · Mumbai (3 salaries)	₹4.2 L/yr - ₹6.4 L/yr
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Lead Procurement Engineer 9 - 11 years exp. · Mumbai (3 salaries)	₹7 L/yr - ₹7.5 L/yr
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Assistant Sales Manager 4 - 5 years exp. · Mumbai (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Senior Sales Engineer 5 - 6 years exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Embedded Design Engineer 1 - 2 years exp. · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Product Design Engineer 3 - 5 years exp. · Mumbai (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Head Human Resources 18 - 20 years exp. · Mumbai (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
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Senior Embedded Design Engineer 9 - 10 years exp. · Mumbai (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
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Sales Executive 2 years exp. · Mumbai (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Procurement Lead 6 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Senior Executive - Finance 6 years exp. · Mumbai (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Hsse Manager 12 years exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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HUB Supervisor 5 years exp. · Mumbai (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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Full Stack Developer 5 years exp. · Mumbai (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
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Finance Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹22.8 L/yr - ₹29.2 L/yr
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Senior Accounts Executive 5 years exp. · Mumbai (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Service Leader 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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Senior Manager Legal 13 years exp. · Mumbai (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
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Program Manager 2 years exp. · Mumbai (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 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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Salary related reviews for Magenta Ev Solutions

2.0

Rated by 4 employees for salary & benefits

Associate Talent Acquisition in Navi Mumbai

Full Time

Human Resources Department

2.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Salaries on time

Dislikes

The entire management is never true to their words, commitments, or discussions, resulting in job insecurity. Magenta creates a toxic work environment that may ultimately compel you to resign, but according to them, they never follow the hire and fire system.

Key Account Manager (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jul 2023

1.0

for Salary and Benefits

Likes

Only Founders and Company's vision for a greener earth which encouraged me to join Magenta.

Dislikes

I had worst experience with the company due to below 3 reasons : - 1. Incorrect communications before joining. 2. No job security. 3. Internal politics. 4. No proper training to new joiners. 5. Company takes any decision over a night which directly impacts the employees.

Hsse in Mumbai

Full Time

Environment Health & Safety Department

1.0

• posted on 09 Mar 2024

1.0

for Salary and Benefits

Likes

nothing.

Dislikes

the company lacks professionalism entirely, and the management appears to adopt a questionable approach by targeting employees without valid reason and pressuring them to resign, arrogance characterized the prevailing atmosphere making it one of the worst companies to work for.

Project Lead in Bangalore / Bengaluru

Project & Program Management Department

5.0

• posted on 12 Jun 2022

5.0

for Salary and Benefits

Likes

One thing I like and enjoy working in MEVS is you get a chance to take ownership and deliver as per your potential. Also, the management listen to your views and ideas which ultimately makes you feel valuable.

Dislikes

Nothing, the company is growing in best possible way.

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Magenta Ev Solutions interview questions by designations

Station Manager (1)HR Generalist (1)Senior Executive Talent Acquisition (1)

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Magenta Ev Solutions Salary FAQs

How much does Magenta Ev Solutions pay per year?

The average Magenta Ev Solutions salary ranges from approximately ₹3 Lakhs to ₹3.3 Lakhs per year for a Audit Executive and ₹7 Lakhs to ₹17 Lakhs per year for a Operations Manager. Salary estimates are based on 52 Magenta Ev Solutions salaries received from various employees of Magenta Ev Solutions. Magenta Ev Solutions employees rate the overall salary and benefits package 2.0/5 stars.

What is the highest salary in Magenta Ev Solutions?

The highest-paying job at Magenta Ev Solutions is a Operations Manager with a salary of ₹7 Lakhs to ₹17 Lakhs per year. The top 10% of employees earn more than ₹16 lakhs per year. The top 1% earn more than a whopping ₹50 lakhs per year.

What is the minimum salary in Magenta Ev Solutions?

Minimum salary at Magenta Ev Solutions depends on the role you are applying for. For Executive Accountant the minimum salary is ₹3.6 Lakhs to ₹5.2 Lakhs per year, and for Project Engineer the minimum salary is ₹3.3 Lakhs to ₹6 Lakhs per year and so on.

What is the notice period at Magenta Ev Solutions in Mumbai?

According to AmbitionBox, 52% of the Magenta Ev Solutions employees in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

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Magenta Ev Solutions Mumbai Salaries by Department

Average annual salary in Magenta Ev Solutions , Mumbai is INR . Salary estimates are based on 52 Magenta Ev Solutions latest salaries received from various employees of Magenta Ev Solutions.