Magik Lights Branch Business Head Salaries by 6 Employees (Updated 2024)

12 - 21 years exp.

₹14 Lakhs - ₹20 Lakhs

Salary of majority employees

30% more than the average Branch Business Head Salary in Consumer Electronics & Appliances Companies for 12 - 21 years of experience

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Last Updated: 4 Nov 2024

Companies similar to Magik Lights for Branch Business Head

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance Branch Business Head Salary 9 - 18 years exp. (69 salaries)	₹10.5 L/yr - ₹20.5 L/yr 10% less
Fedbank Financial Services Branch Business Head Salary 7 - 14 years exp. (23 salaries)	₹6.5 L/yr - ₹11.5 L/yr 52% less
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Equitas Small Finance Bank Branch Business Head Salary 8 - 17 years exp. (18 salaries)	₹5 L/yr - ₹10.3 L/yr 56% less
IndusInd Bank Branch Business Head Salary 8 - 18 years exp. (12 salaries)	₹17.6 L/yr - ₹28 L/yr 34% more	2 job openings
Indostar Capital Finance Branch Business Head Salary 10 - 16 years exp. (12 salaries)	₹5.2 L/yr - ₹10.8 L/yr 61% less

Branch Business Head salary at Magik Lights ranges between ₹14 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 6 latest salaries received from various employees of Magik Lights.

Experience wise Magik Lights Branch Business Head salaries

Last Updated: 4 Nov 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹16 L/yr
13 years (AmbitionBox Estimate)	₹16 L/yr - ₹29 L/yr
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14 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
15+ years (3 salaries)	₹7.6 L/yr - ₹20 L/yr

Salary related reviews for Magik Lights

Operations Manager in Howrah

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 03 Dec 2022

5.0

for Salary and Benefits

Likes

Good work culture, good salary, Job satisfaction, Timely promotion & appraisals, 👍👍

Dislikes

Skill development was missing, and job security was not up to the desired level, Middle Management not good and poor inter-Departmental coordination 👎

Deputy Manager Brand in Kolkata

Full Time

Marketing & Communication Department

3.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

...doing pretty well. They have a swanky office and chairman is very down to earth. Pay package is good and work life balance is good as well.

Dislikes

The owner has no focus on LED business, it's not growing so people growth is dicey in terms of skill & career development. There is no proper strategic direction of work.

Senior Design Engineer in Howrah

Research & Development Department

1.0

• posted on 12 Jul 2020

2.0

for Salary and Benefits

Likes

There is no support to employees for covid. There is salary cut till now and many people were forced resign. It is a dangerous company for career

Dislikes

Job security is very bad. People are asked to resign anytime. This is very frequent for all levels from junior employees to HODs. Every year a new person holds a position.

Branch Head in Kochi

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Its a very big group of companies. Stable financial status Quality

Dislikes

Pathetic and Egoistic Senior Mangers No vision for Brand development Out dated scheme criteria No attention to the market scenario No innovative thinking as per market requirement. A traditional lighting business style Poor HR

Area Sales Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 17 Dec 2019

4.0

for Salary and Benefits

Likes

The company excellent in faith on him employees & better service to client , best quality in production department , any claims or scheme clear time to time Company is Best for my way.

Dislikes

only for management

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Magik Lights Branch Business Head Salary FAQs

What is the salary of Branch Business Head at Magik Lights?

Branch Business Head salary at Magik Lights in India ranges between ₹14.0 Lakhs to ₹20.0 Lakhs for experience between 12 years to 21 years. According to our estimates it is 30% more than the average Branch Business Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magik Lights India.

How does the salary of a Branch Business Head at Magik Lights India compare with the average salary range for this job?

The average salary of a Branch Business Head at Magik Lights is 30% more than the average salary of a Branch Business Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magik Lights to a Branch Business Head in India?

IndusInd Bank Branch Business Head Salary - ₹17.6 Lakhs to ₹28.0 Lakhs per year

What is the salary of a Branch Business Head in companies similar to Magik Lights in India?

PNB Housing Finance Branch Business Head Salary - ₹10.5 Lakhs to ₹20.5 Lakhs per year
Fedbank Financial Services Branch Business Head Salary - ₹6.5 Lakhs to ₹11.5 Lakhs per year
Equitas Small Finance Bank Branch Business Head Salary - ₹5.0 Lakhs to ₹10.3 Lakhs per year
Indostar Capital Finance Branch Business Head Salary - ₹5.2 Lakhs to ₹10.8 Lakhs per year

What is the estimated take home salary of a Branch Business Head at Magik Lights in India?

The estimated take-home salary of a Branch Business Head at Magik Lights ranges between ₹1,21,387 per month to ₹1,24,829 per month in India. The take-home salary calculation is based on the average Magik Lights Branch Business Head salary in India which ranges between ₹14.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 12 years to 21 years. Check how did we calculate take home salary?

What is the notice period for Branch Business Head at Magik Lights?

According to AmbitionBox, 100% of the Magik Lights Branch Business Heads reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Magik Lights Branch Business Head Salaries

Magik Lights Branch Business Head salary in India ranges between ₹14 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magik Lights latest salaries received from various employees of Magik Lights.