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Magna Electro Castings Verified Tick

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4.1

based on 42 Reviews

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Magna Electro Castings Salaries in Coimbatore

based on 278 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Quality Assurance Research & Development Procurement & Supply Chain + 6 more
Designation Avg Annual Salary Open Jobs

Senior Engineer

6 - 12 years exp. · Coimbatore (15 salaries)
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₹3.1 L/yr - ₹7.8 L/yr

Quality Engineer

3 - 9 years exp. · Coimbatore (14 salaries)
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₹2.5 L/yr - ₹4.1 L/yr

Production Engineer

4 - 8 years exp. · Coimbatore (9 salaries)
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₹2 L/yr - ₹3.6 L/yr

Process Engineer

3 - 8 years exp. · Coimbatore (7 salaries)
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₹2.4 L/yr - ₹3.2 L/yr

Starting your career? Discover Magna Electro Castings fresher salaries in India

new Product Development Engineer

0 - 6 years exp. · Coimbatore (7 salaries)
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₹1.5 L/yr - ₹4 L/yr

Maintenance Engineer

3 - 8 years exp. · Coimbatore (7 salaries)
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₹2.5 L/yr - ₹3.4 L/yr

QA Engineer

3 - 8 years exp. · Coimbatore (6 salaries)
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₹1.8 L/yr - ₹3.7 L/yr

Electrical Maintenance Engineer

4 - 9 years exp. · Coimbatore (6 salaries)
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₹2.4 L/yr - ₹3.8 L/yr

QA Manager

25 - 29 years exp. · Coimbatore (5 salaries)
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₹6 L/yr - ₹7.6 L/yr

Design Engineer

7 - 11 years exp. · Coimbatore (5 salaries)
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₹3.5 L/yr - ₹4 L/yr

Product Development Engineer

3 - 21 years exp. · Coimbatore (5 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

QMS Engineer

4 - 7 years exp. · Coimbatore (4 salaries)
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₹3 L/yr - ₹3.5 L/yr

Planning Engineer

3 - 10 years exp. · Coimbatore (4 salaries)
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₹2 L/yr - ₹5 L/yr

Senior Quality Assurance Engineer

0 - 9 years exp. · Coimbatore (4 salaries)
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₹4 L/yr - ₹6 L/yr

Quality Manager

25 - 30 years exp. · Coimbatore (4 salaries)
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₹14.1 L/yr - ₹16 L/yr

Purchase Officer

5 - 17 years exp. · Coimbatore (4 salaries)
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₹4.6 L/yr - ₹5.5 L/yr

Metallurgist

2 - 4 years exp. · Coimbatore (4 salaries)
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₹3 L/yr - ₹4.2 L/yr

Supplier Quality Engineer

6 - 8 years exp. · Coimbatore (3 salaries)
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₹1.7 L/yr - ₹2 L/yr

NPD Engineer

1 - 4 years exp. · Coimbatore (3 salaries)
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₹1.8 L/yr - ₹3.3 L/yr

Assistant General Manager

23 years exp. · Coimbatore (3 salaries)
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₹17 L/yr - ₹21.7 L/yr

Last Updated: 17 Dec, 2024

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Salary Discussions, Hike & Promotions
2w
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 Magna Electro Castings

4.5

Rated by 19 employees for salary & benefits

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.

read 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

read 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

read more
see more salary related reviews

Magna Electro Castings interview questions by designations

Team Manager (1)Security Officer (1)Manager Quality Assurance (1)
View all 3 interview experiences

Know more about Magna Electro Castings Coimbatore

More about working at Magna Electro Castings

Magna Electro Castings Salary FAQs

How much does Magna Electro Castings pay per year?
The average Magna Electro Castings salary ranges from approximately ₹1.8 Lakh to ₹3.2 Lakhs per year for a Product Development Engineer and ₹12 Lakhs to ₹15 Lakhs per year for a Manager. Salary estimates are based on 278 Magna Electro Castings salaries received from various employees of Magna Electro Castings. Magna Electro Castings employees rate the overall salary and benefits package 4.5/5 stars.
What is the highest salary in Magna Electro Castings?
The highest-paying job at Magna Electro Castings is a Manager with a salary of ₹12 Lakhs to ₹15 Lakhs per year. The top 10% of employees earn more than ₹10.80 lakhs per year. The top 1% earn more than a whopping ₹25.01 lakhs per year.
What is the minimum salary in Magna Electro Castings?
Minimum salary at Magna Electro Castings depends on the role you are applying for. For new Product Development Engineer the minimum salary is ₹1.5 Lakh to ₹4 Lakhs per year, and for Production Engineer the minimum salary is ₹1.6 Lakh to ₹3.6 Lakhs per year and so on.
What is the notice period at Magna Electro Castings in Coimbatore?
According to AmbitionBox, 56% of the Magna Electro Castings employees in Coimbatore reported a notice period of 1 Month, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 117 responses on AmbitionBox in last 2 years.

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Magna Electro Castings Coimbatore Salaries by Department

Average annual salary in Magna Electro Castings , Coimbatore is INRunlock blur . Salary estimates are based on 278 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.

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