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Magic Special Purpose Machineries

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4.4

based on 6 Reviews

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Magic Special Purpose Machineries Design Engineer salaries in Mumbai

Annual salary range
0 - 10 years exp.
₹1.8 Lakh - ₹5.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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18% less than the average Design Engineer Salary for 0 - 10 years of experience

Interested in this particular role?

Last Updated: 20 Sep 2024

Companies similar to Magic Special Purpose Machineries for Design Engineer in Mumbai

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Magic Special Purpose Machineries Design Engineer Salary

0 - 10 years exp. (4 salaries)
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₹1.8 L/yr - ₹5.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Technosoft Engineering Projects Limited Design Engineer Salary

1 - 8 years exp. (123 salaries)
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₹2.5 L/yr - ₹9 L/yr

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Jacobs Engineering Group Design Engineer Salary

2 - 11 years exp. (85 salaries)
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₹4.1 L/yr - ₹15 L/yr

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Larsen & Toubro Limited Design Engineer Salary

1 - 8 years exp. (81 salaries)
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₹1.8 L/yr - ₹9.2 L/yr

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Selec Controls Design Engineer Salary

0 - 4 years exp. (63 salaries)
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₹2.4 L/yr - ₹9.8 L/yr

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Worley Design Engineer Salary

3 - 11 years exp. (62 salaries)
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₹5 L/yr - ₹16.5 L/yr

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Design Engineer salary at Magic Special Purpose Machineries ranges between ₹1.8 Lakh to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Magic Special Purpose Machineries.

Latest annual salaries shared by Magic Special Purpose Machineries Design Engineer in Mumbai

6mo ago
₹5.2 Lakhs
10 years exp.
9mo ago
₹5.2 Lakhs
9 years exp.

Experience wise Magic Special Purpose Machineries Design Engineer salaries in Mumbai

Last Updated: 20 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2.1 L/yr
9 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr

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Salary Discussions, Hike & Promotions
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peacemaker
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works at
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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Magic Special Purpose Machineries Design Engineer Salary FAQs

What is the salary of Design Engineer at Magic Special Purpose Machineries in Mumbai?
The average salary of a Design Engineer at Magic Special Purpose Machineries in Mumbai typically ranges from ₹1.8 Lakhs to ₹5.9 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Design Engineer in Mumbai at Magic Special Purpose Machineries earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Design Engineer Salaries at Magic Special Purpose Machineries 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 Magic Special Purpose Machineries employees in India.
What is the estimated take home salary of a Design Engineer at Magic Special Purpose Machineries in Mumbai?
The estimated take-home salary of a Design Engineer at Magic Special Purpose Machineries in Mumbai typically ranges from ₹33,748 to ₹35,007 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from Fresher to 10 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 Magic Special Purpose Machineries. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magic Special Purpose Machineries for Design Engineer in India?
Jacobs Engineering Group ₹4.1 Lakhs to ₹15.0 Lakhs per year
Worley ₹5.0 Lakhs to ₹16.5 Lakhs per year
Selec Controls ₹2.4 Lakhs to ₹9.8 Lakhs per year
Technosoft Engineering Projects Limited ₹2.5 Lakhs to ₹9.0 Lakhs per year
Larsen & Toubro Limited ₹1.8 Lakhs to ₹9.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magic Special Purpose Machineries, depending on the role and experience level.
How the salary growth look like for a Design Engineer at Magic Special Purpose Machineries in Mumbai?
The salary growth for a Design Engineer at Magic Special Purpose Machineries in Mumbai depends on factors such as experience, performance, and promotions. On average, a Design Engineer in Mumbai can expect the following growth trajectory at Magic Special Purpose Machineries:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹2.1 Lakhs per year
9 years ₹4.7 Lakhs to ₹6.0 Lakhs per year
10 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
and so on.

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Magic Special Purpose Machineries Design Engineer salary in Mumbai ranges between ₹1.8 Lakh to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magic Special Purpose Machineries latest salaries received from various employees of Magic Special Purpose Machineries.