Magna Industries Research & Development Salaries by 5 Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Development Engineer 3 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Design & Development Engineer 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Machine Shop Production Manager 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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Quality Engineer 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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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 Industries Salary FAQs

What is the notice period at Magna Industries in Research & Development Department?

According to AmbitionBox, 100% of the Magna Industries employees in Research & Development Department reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Magna Industries Research & Development Salaries by Location

Magna Industries Research & Development Department salaries in Kolhapur

Average annual salary in Research & Development department at Magna Industries is INR . Salary estimates are based on 5 Magna Industries latest salaries received from various employees of Magna Industries.