Magnacore Ludhiana Assistant Manager Salaries by 5 Employees (Updated 2025)

2 - 8 years exp.

₹3 Lakhs - ₹4.6 Lakhs

Salary of majority employees

46% less than the average Assistant Manager Salary for 2 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager Salary 5 - 8 years exp. (3 salaries)	₹4 L/yr - ₹4.6 L/yr
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Human Resources Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 7 Oct 2024

Companies similar to Magnacore for Assistant Manager in Ludhiana

Magnacore Assistant Manager Salary

2 - 8 years exp. (5 salaries)

₹3 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Hero Cycles Assistant Manager Salary 5 - 13 years exp. (66 salaries)	₹3.9 L/yr - ₹10 L/yr 80% more
HERO ECOTECH Assistant Manager Salary 3 - 17 years exp. (27 salaries)	₹3.6 L/yr - ₹8.6 L/yr 67% more
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Highway Industries Assistant Manager Salary 5 - 12 years exp. (27 salaries)	₹2.4 L/yr - ₹7.2 L/yr 40% more
Lavya Associates HR Services Assistant Manager Salary 1 - 4 years exp. (25 salaries)	₹2 L/yr - ₹2.5 L/yr 44% less
Uniparts Group Assistant Manager Salary 7 - 13 years exp. (24 salaries)	₹5 L/yr - ₹9.5 L/yr 79% more

Assistant Manager salary at Magnacore ranges between ₹3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Magnacore.

Experience wise Magnacore Assistant Manager salaries in Ludhiana

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magnacore Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Magnacore Ludhiana?

Assistant Manager salary at Magnacore in Ludhiana ranges between ₹3.0 Lakhs to ₹4.6 Lakhs for experience between 2 years to 8 years. According to our estimates it is 46% less than the average Assistant Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnacore Ludhiana.

How does the salary of a Assistant Manager at Magnacore Ludhiana compare with the average salary range for this job?

The average salary of a Assistant Manager at Magnacore is 46% less than the average salary of a Assistant Manager in Ludhiana. To know exact salary insights, login to view.

Which similar companies are paying more than Magnacore to a Assistant Manager in Ludhiana?

Hero Cycles Assistant Manager Salary - ₹3.9 Lakhs to ₹10.0 Lakhs per year
Uniparts Group Assistant Manager Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
HERO ECOTECH Assistant Manager Salary - ₹3.6 Lakhs to ₹8.6 Lakhs per year
Highway Industries Assistant Manager Salary - ₹2.4 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Magnacore in Ludhiana?

Lavya Associates HR Services Assistant Manager Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Magnacore in Ludhiana?

The estimated take-home salary of a Assistant Manager at Magnacore ranges between ₹28,519 per month to ₹29,905 per month in Ludhiana. The take-home salary calculation is based on the average Magnacore Assistant Manager salary in India which ranges between ₹3.0 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Magnacore in Ludhiana?

According to AmbitionBox, 100% of the Magnacore Assistant Managers in Ludhiana reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Magnacore Assistant Manager Salaries in Ludhiana

Magnacore Assistant Manager salary in Ludhiana ranges between ₹3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnacore latest salaries received from various employees of Magnacore.