Magna Electro Castings Chennai Manager Salaries by Employees

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₹11 Lakhs - ₹14 Lakhs

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Last Updated: 11 Jun 2024

Companies similar to Magna Electro Castings for Manager in Chennai

Magna Electro Castings Manager Salary

18 years exp. (AmbitionBox Estimate)

₹11 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
NELCAST Manager Salary 15 - 33 years exp. (9 salaries)	₹6.4 L/yr - ₹10.5 L/yr 30% less
Cognizant Manager Salary 8 - 20 years exp. (1.6k salaries)	₹13 L/yr - ₹40.5 L/yr 95% more
Login to view exact salary
Capgemini Manager Salary 5 - 19 years exp. (1.1k salaries)	₹11 L/yr - ₹36 L/yr 83% more	1 job opening
HDFC Bank Manager Salary 0 - 18 years exp. (1.1k salaries)	₹4.1 L/yr - ₹13.2 L/yr 27% less
Standard Chartered Manager Salary 3 - 20 years exp. (902 salaries)	₹7 L/yr - ₹24.5 L/yr 31% more

Manager salary at Magna Electro Castings ranges between ₹11 Lakhs to ₹14 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna Electro Castings.

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.

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 Manager Salary FAQs

How the salary growth look like for a Manager at Magna Electro Castings in Chennai?

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

Experience	Average Salary Range
15 years	₹11.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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Magna Electro Castings Manager Salaries in Chennai

Magna Electro Castings Manager salary in Chennai ranges between ₹11 Lakhs to ₹14 Lakhs. This is an estimate based on latest salaries received from employees of Magna Electro Castings.