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Annual salary range
4 - 6 years exp.
₹2.8
Lakhs - ₹3
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary51% less than the average Engineer Salary in Iron & Steel Companies for 4 - 6 years of experience
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Companies similar to Magna Electro Castings for Engineer in Coimbatore
Magna Electro Castings
Engineer Salary
4 - 6 years exp. (8 salaries) |  ₹2.8 L/yr - ₹3 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Lakshmi Machine Works Engineer Salary
1 - 9 years exp. (215 salaries) |  ₹2.3 L/yr - ₹8 L/yr 
109%
more | |
 L.G.Balakrishnan & Bros Engineer Salary
1 - 10 years exp. (156 salaries) | ₹2 L/yr - ₹4.5 L/yr
27%
more | |
Login to view exact salary
| ||
 Pricol Engineer Salary
3 - 11 years exp. (118 salaries) | ₹1.8 L/yr - ₹7.4 L/yr
66%
more | |
 Capgemini Engineering Engineer Salary
1 - 8 years exp. (65 salaries) | ₹2.8 L/yr - ₹9.5 L/yr
96%
more | 2 job openings |
 Caresoft Global Engineer Salary
2 - 6 years exp. (48 salaries) | ₹2.6 L/yr - ₹5 L/yr
41%
more | |
Engineer salary at Magna Electro Castings ranges between ₹2.8
Lakhs
to ₹3
Lakhs
per year for employees with experience between 4 years to 6 years. Salary
estimates are based on
8 latest salaries received
from various employees of Magna Electro Castings.
Latest annual salaries shared by Magna Electro Castings Engineer in Coimbatore
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Experience wise Magna Electro Castings Engineer salaries in Coimbatore
Last Updated: 15 Mar 2023
| Experience | Avg Annual Salary |
|---|---|
| 4 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹5
L/yr
|
| 5 years (4 salaries) |
₹2.8
L/yr
- ₹3
L/yr
|
Login to view exact salary
| |
| 6 years (3 salaries) |
₹2.8
L/yr
- ₹3
L/yr
|
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Magna Electro Castings Engineer Salary FAQs
What is the salary of Engineer at Magna Electro Castings Coimbatore?
Engineer salary at Magna Electro Castings in Coimbatore ranges between ₹2.8 Lakhs to ₹3.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 51% less than the average Engineer 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 Engineer at Magna Electro Castings Coimbatore compare with the average salary range for this job?
The average salary of a Engineer at Magna Electro Castings is 51% less than the average salary of a Engineer in Coimbatore. To know exact salary insights, login to view.
Which similar companies are paying more than Magna Electro Castings to a Engineer in Coimbatore?
- Lakshmi Machine Works Engineer Salary - ₹2.3 Lakhs to ₹8.0 Lakhs per year
- Capgemini Engineering Engineer Salary - ₹2.8 Lakhs to ₹9.5 Lakhs per year
- Pricol Engineer Salary - ₹1.8 Lakhs to ₹7.4 Lakhs per year
- Caresoft Global Engineer Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
- L.G.Balakrishnan & Bros Engineer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Engineer at Magna Electro Castings in Coimbatore?
The estimated take-home salary of a Engineer at Magna Electro Castings ranges between ₹19,760 per month to ₹21,427 per month in Coimbatore. The take-home salary calculation is based on the average Magna Electro Castings Engineer salary in India which ranges between ₹2.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?
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- Magna Electro Castings Engineer Salaries in Coimbatore
Magna Electro Castings Engineer salary
in
Coimbatore
ranges between ₹2.8
Lakhs to ₹3
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.