Magna Electro Castings Manager Salaries by 5 Employees (Updated 2024)

18 - 20 years exp.

₹12 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Manager Salary in Iron & Steel Companies for 18 - 20 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Salary 18 - 20 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13.4 L/yr
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Project & Program Management Manager Salary 18 - 20 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 17 Dec 2024

Companies similar to Magna Electro Castings for Manager

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Bharat Forge Manager Salary 10 - 26 years exp. (143 salaries)	₹8.8 L/yr - ₹22 L/yr 15% more
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Tata Steel Manager Salary 0 - 20 years exp. (1.5k salaries)	₹6 L/yr - ₹20.9 L/yr 9% more	1 job opening
Hindalco Industries Manager Salary 4 - 20 years exp. (544 salaries)	₹8.5 L/yr - ₹27.3 L/yr 33% more	2 job openings
JSW Steel Manager Salary 6 - 19 years exp. (1.1k salaries)	₹7 L/yr - ₹22.5 L/yr 14% more	1 job opening
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Siemens Manager Salary 8 - 20 years exp. (599 salaries)	₹8.2 L/yr - ₹30 L/yr 43% more
Jindal Stainless Manager Salary 8 - 20 years exp. (396 salaries)	₹8 L/yr - ₹20.8 L/yr 15% more	7 job openings
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Jindal Saw Manager Salary 12 - 19 years exp. (132 salaries)	₹7 L/yr - ₹19.6 L/yr 8% more
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Manager salary at Magna Electro Castings ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 18 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Magna Electro Castings.

Experience wise Magna Electro Castings Manager salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
15+ years (5 salaries)	₹12 L/yr - ₹15 L/yr
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Similar Designation salaries in Magna Electro Castings

Deputy Manager Salary

(3 salaries)

₹5.6 L/yr - ₹9.3 L/yr

Top skills at Magna Electro Castings for Manager

Drilling Finishing CNC Machines Execution Vendor Development

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 Manager Salary FAQs

What is the salary of Manager at Magna Electro Castings?

Manager salary at Magna Electro Castings in India ranges between ₹12.0 Lakhs to ₹15.0 Lakhs for experience between 18 years to 20 years. According to our estimates it is 22% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magna Electro Castings India.

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

The average salary of a Manager at Magna Electro Castings is 22% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Drilling, Finishing, CNC Machines, Execution and Vendor Development are some of the popular skills required to work as a Manager at Magna Electro Castings India.

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

BHEL Manager Salary - ₹14.0 Lakhs to ₹34.0 Lakhs per year
ESL Steel Manager Salary - ₹9.5 Lakhs to ₹30.5 Lakhs per year
Thermax Limited Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Siemens Manager Salary - ₹8.2 Lakhs to ₹30.0 Lakhs per year
Hindalco Industries Manager Salary - ₹8.5 Lakhs to ₹27.3 Lakhs per year

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

Jindal Steel and Power Manager Salary - ₹7.6 Lakhs to ₹24.2 Lakhs per year
Vardhman Special Steels Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Jindal Stainless Manager Salary - ₹8.0 Lakhs to ₹20.8 Lakhs per year
Bharat Forge Manager Salary - ₹8.8 Lakhs to ₹22.0 Lakhs per year
JSW Steel Manager Salary - ₹7.0 Lakhs to ₹22.5 Lakhs per year

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

The estimated take-home salary of a Manager at Magna Electro Castings ranges between ₹89,172 per month to ₹91,514 per month in India. The take-home salary calculation is based on the average Magna Electro Castings Manager salary in India which ranges between ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 18 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Magna Electro Castings Managers reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Magna Electro Castings Manager Salaries

Magna Electro Castings Manager salary in India ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magna Electro Castings latest salaries received from various employees of Magna Electro Castings.