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Annual salary range
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₹1.4
Lakh - ₹1.8
Lakh
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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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 salaryInterested in this particular role?
Companies similar to Magna Electro Castings for Production
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| ||
 JSW Steel Production Salary
0 - 12 years exp. (5 salaries) | ₹2 L/yr - ₹5.5 L/yr
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 BHEL Production Salary
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 Siemens Production Salary
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 Electrotherm Production Salary
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Production salary at Magna Electro Castings ranges between ₹1.4
Lakh
to ₹1.8
Lakh
per year for employees with less than 1 year of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Magna Electro Castings.
Similar Designation salaries in Magna Electro Castings
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Magna Electro Castings Production salary in India ranges between ₹1.4 Lakh to ₹1.8 Lakh. This is an estimate based on latest salaries received from employees of Magna Electro Castings.