Magna Electro Castings Coimbatore Assistant Manager Salaries by 8 Employees (Updated 2024)

13 - 25 years exp.

₹6 Lakhs - ₹9.8 Lakhs

Salary of majority employees

7% more than the average Assistant Manager Salary in Iron & Steel Companies for 13 - 25 years of experience

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Salaries in different departments

Procurement & Supply Chain Assistant Manager Salary 17 - 25 years exp. (5 salaries)	₹6 L/yr - ₹8.5 L/yr
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Production, Manufacturing & Engineering Assistant Manager Salary 13 - 15 years exp. (3 salaries)	₹6.5 L/yr - ₹9.8 L/yr

Last Updated: 29 Nov 2024

Companies similar to Magna Electro Castings for Assistant Manager in Coimbatore

Magna Electro Castings Assistant Manager Salary

13 - 25 years exp. (8 salaries)

₹6 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works Assistant Manager Salary 8 - 19 years exp. (160 salaries)	₹7 L/yr - ₹14.7 L/yr 41% more
Pricol Assistant Manager Salary 6 - 18 years exp. (104 salaries)	₹5.8 L/yr - ₹14 L/yr 22% more
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L.G.Balakrishnan & Bros Assistant Manager Salary 12 - 20 years exp. (60 salaries)	₹4 L/yr - ₹9.5 L/yr 6% less
City Union Bank Assistant Manager Salary 3 - 11 years exp. (56 salaries)	₹5.1 L/yr - ₹10 L/yr 1% more
Equitas Small Finance Bank Assistant Manager Salary 1 - 10 years exp. (51 salaries)	₹2 L/yr - ₹4 L/yr 56% less

Assistant Manager salary at Magna Electro Castings ranges between ₹6 Lakhs to ₹9.8 Lakhs per year for employees with experience between 13 years to 25 years. Salary estimates are based on 8 latest salaries received from various employees of Magna Electro Castings.

Experience wise Magna Electro Castings Assistant Manager salaries in Coimbatore

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹7 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
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15+ years (7 salaries)	₹6 L/yr - ₹9.8 L/yr

Similar Designation salaries in Magna Electro Castings

Senior Engineer Salary

(15 salaries)

₹3.1 L/yr - ₹7.8 L/yr

Assistant General Manager Salary

(3 salaries)

₹17 L/yr - ₹21.7 L/yr

Top skills at Magna Electro Castings for Assistant Manager

CNC Machines AutoCAD Solid Works Manufacturing Process Machine Shop

Salary related reviews for Magna Electro Castings

Senior Engineer in Coimbatore

Quality Assurance Department

4.0

• posted on 11 Nov 2021

4.0

for Salary and Benefits

Likes

Will get salary on time of every month. Covid precautions found satisfactory. Self learning opportunities more.

Dislikes

Very less promosions for long working people. Should identify skills required for the people and should promoted.

Assistant Manager Foundry Production in Coimbatore

Production, Manufacturing & Engineering Department

4.0

• posted on 13 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment, company policies are good, appraisal are fare, they give good salary and bonus every year

Dislikes

There is a lot pressure in work, always atten meeting in our working hours can't work in on the job issues, every day work more than 10 hours

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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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Magna Electro Castings Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Magna Electro Castings Coimbatore?

Assistant Manager salary at Magna Electro Castings in Coimbatore ranges between ₹6.0 Lakhs to ₹9.8 Lakhs for experience between 13 years to 25 years. According to our estimates it is 7% more than the average Assistant Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Magna Electro Castings Coimbatore.

How does the salary of a Assistant Manager at Magna Electro Castings Coimbatore compare with the average salary range for this job?

The average salary of a Assistant Manager at Magna Electro Castings is 7% more than the average salary of a Assistant Manager in Coimbatore. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Magna Electro Castings?

CNC Machines, AutoCAD, Solid Works, Manufacturing Process and Machine Shop are some of the popular skills required to work as a Assistant Manager at Magna Electro Castings Coimbatore.

Which similar companies are paying more than Magna Electro Castings to a Assistant Manager in Coimbatore?

Lakshmi Machine Works Assistant Manager Salary - ₹7.0 Lakhs to ₹14.7 Lakhs per year
Pricol Assistant Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
City Union Bank Assistant Manager Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Magna Electro Castings in Coimbatore?

L.G.Balakrishnan & Bros Assistant Manager Salary - ₹4.0 Lakhs to ₹9.5 Lakhs per year
Equitas Small Finance Bank Assistant Manager Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Magna Electro Castings in Coimbatore?

The estimated take-home salary of a Assistant Manager at Magna Electro Castings ranges between ₹56,491 per month to ₹57,909 per month in Coimbatore. The take-home salary calculation is based on the average Magna Electro Castings Assistant Manager salary in India which ranges between ₹6.0 Lakhs to ₹9.8 Lakhs per year for employees with experience between 13 years to 25 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Magna Electro Castings in Coimbatore?

According to AmbitionBox, 60% of the Magna Electro Castings Assistant Managers in Coimbatore reported a notice period of 2 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Magna Electro Castings Assistant Manager Salaries in Coimbatore

Magna Electro Castings Assistant Manager salary in Coimbatore ranges between ₹6 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.