Magna Electro Castings Coimbatore Foundry Manager Salaries by 3 Employees (Updated 2024)

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₹9.5 Lakhs - ₹12.1 Lakhs

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Salary of majority employees

At par with the average Foundry Manager Salary in Iron & Steel Companies for 18 years of experience

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Last Updated: 4 Mar 2023

Companies similar to Magna Electro Castings for Foundry Manager in Coimbatore

Magna Electro Castings Foundry Manager Salary

18 years exp. (3 salaries)

₹9.5 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Lakshmi Machine Works Foundry Manager Salary 14 - 30 years exp. (3 salaries)	₹6.8 L/yr - ₹12 L/yr 9% less
Global Castings Foundry Manager Salary 26 - 29 years exp. (3 salaries)	₹12.6 L/yr - ₹15.6 L/yr 39% more
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Maxwell Auto Components Foundry Manager Salary 20 - 23 years exp. (3 salaries)	₹13.5 L/yr - ₹18 L/yr 57% more

Foundry Manager salary at Magna Electro Castings ranges between ₹9.5 Lakhs to ₹12.1 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Magna Electro Castings.

Experience wise Magna Electro Castings Foundry Manager salaries in Coimbatore

Last Updated: 4 Mar 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹9.5 L/yr - ₹12.1 L/yr
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Similar Designation salaries in Magna Electro Castings

Senior Engineer Salary

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Production Engineer Salary

(9 salaries)

₹2 L/yr - ₹3.6 L/yr

Assistant General Manager Salary

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₹17 L/yr - ₹21.7 L/yr

Production Manager Salary

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₹6 L/yr - ₹8.5 L/yr

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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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 Foundry Manager Salaries in Coimbatore

Magna Electro Castings Foundry Manager salary in Coimbatore ranges between ₹9.5 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.

Magna Electro Castings Foundry Manager salaries in Coimbatore