Magna Electro Castings Coimbatore CNC Machine Operator Salaries by Employees

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₹1.9 Lakh - ₹2.4 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 28 Apr 2024

Companies similar to Magna Electro Castings for CNC Machine Operator in Coimbatore

Magna Electro Castings CNC Machine Operator Salary

5 years exp. (AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works CNC Machine Operator Salary 0 - 4 years exp. (25 salaries)	₹1.2 L/yr - ₹3 L/yr 5% less
Aquasub Engineering CNC Machine Operator Salary 0 - 5 years exp. (17 salaries)	₹1.6 L/yr - ₹2.5 L/yr 7% less
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C.R.I. Pumps CNC Machine Operator Salary 0 - 5 years exp. (13 salaries)	₹1.2 L/yr - ₹3 L/yr 8% less
Shanthi Gears CNC Machine Operator Salary 0 - 4 years exp. (12 salaries)	₹1.8 L/yr - ₹2.5 L/yr 2% less
Texmo Industries CNC Machine Operator Salary 0 - 5 years exp. (12 salaries)	₹1.1 L/yr - ₹2.5 L/yr 12% less

CNC Machine Operator salary at Magna Electro Castings ranges between ₹1.9 Lakh to ₹2.4 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna Electro Castings.

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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.

Salary - Good

+1 more

Dislikes

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

Promotions - Poor

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

Salary - Good

+3 more

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

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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Magna Electro Castings CNC Machine Operator Salary FAQs

How the salary growth look like for a CNC Machine Operator at Magna Electro Castings in Coimbatore?

The salary growth for a CNC Machine Operator at Magna Electro Castings in Coimbatore depends on factors such as experience, performance, and promotions. On average, a CNC Machine Operator in Coimbatore can expect the following growth trajectory at Magna Electro Castings:

Experience	Average Salary Range
5 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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Magna Electro Castings CNC Machine Operator Salaries in Coimbatore

Magna Electro Castings CNC Machine Operator salary in Coimbatore ranges between ₹1.9 Lakh to ₹2.4 Lakhs. This is an estimate based on latest salaries received from employees of Magna Electro Castings.