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Magnaquest Technologies IT Manager salaries in India

Annual salary range
10 - 13 years exp.
₹10 Lakhs - ₹13 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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18% less than the average IT Manager Salary in Software Product Companies for 10 - 13 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Magnaquest Technologies for IT Manager

Company name Avg Annual Salary Open Jobs
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Bravura Solutions IT Manager Salary

15 years exp. (8 salaries)

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₹30.8 L/yr - ₹35 L/yr

arrow icon 192% more
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Acuvate Software IT Manager Salary

10 - 15 years exp. (7 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 9% less
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₹16.2 L/yr - ₹20.7 L/yr

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₹9.6 L/yr - ₹11 L/yr

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Soroco IT Manager Salary

10 - 13 years exp. (3 salaries)

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₹17 L/yr - ₹24.8 L/yr

arrow icon 73% more
IT Manager salary at Magnaquest Technologies ranges between ₹10 Lakhs to ₹13 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Magnaquest Technologies.

Latest annual salaries shared by Magnaquest Technologies IT Manager

1y ago
₹13 Lakhs
12 years exp.
1y ago
₹13 Lakhs
13 years exp.
1y ago
₹10 Lakhs
11 years exp.
2y ago
₹10 Lakhs
10 years exp.

Experience wise Magnaquest Technologies IT Manager salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
11 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr

Similar Designation salaries in Magnaquest Technologies

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₹13 L/yr - ₹26 L/yr
Team Lead Salary
(7 salaries)
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₹5.95 L/yr - ₹14.5 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Technical Lead Salary
(6 salaries)
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₹8.5 L/yr - ₹30 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹2.7 L/yr - ₹7.1 L/yr
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₹3 L/yr - ₹5.85 L/yr
System Administrator Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
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₹3.8 L/yr - ₹10.88 L/yr
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₹4 L/yr - ₹4.3 L/yr

Salary related reviews for Magnaquest Technologies

Engineering - Software & QA Department

4.0
  •  posted on 06 Sep 2018

2.0
 for  Salary and Benefits

Likes

Fantastic company to work with for freshers. you will get lot of opportunity to learn and grow but one will have to compromise on compensation. It’s below market standard. But I believe compensation is one which freshers should not be worried about but the amount of learning one get is more important. Nice colleagues, good manager’s. I would recommend it to freshers.

read more
  • Skill development - Good
  • +4 more

Dislikes

Salary/ appraisals

  • Salary - Poor

Engineering - Software & QA Department

2.0
  •  posted on 28 Oct 2019

1.0
 for  Salary and Benefits

Likes

Work environment and colleagues are good but management is too worst.they won't process salary on time.we have to beg them for our salary.

read more

Dislikes

We are working for them.they have to pay us.this is commonsense.but they don't have.

  • Salary - Bad
  • +5 more

Engineering - Software & QA Department

4.0
  •  posted on 26 Feb 2019

3.0
 for  Salary and Benefits

Likes

We can have lot of opportunity to learn and there is no restriction like dress code we can come to office in casuals and we can interact with any other team without restrictions and good work life balance and good guidance from seniors

read more
  • Job security - Excellent
  • +2 more

Dislikes

The salary is delayed by 1 month

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 17 Oct 2024

4.0
 for  Salary and Benefits

Likes

I've had the pleasure of working at Magnaquest for the past few months, and it was truly been a transformative experience. The company fosters a culture of innovation and collaboration, which makes everyday exciting. From the start, I was welcomed into a supportive environment where my ideas were valued. The Leadership team is approachable and genuinely invested in employee development. They Provide ample opportunities for professional growth through training programs and mentorship. This place has an excellent work-life balance. My ability to work remotely and have flexible work hours has helped me balance my personal obligations with my productivity.

read more
  • Salary - Good
  • +6 more

Dislikes

Nothing

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 18 Oct 2024

4.0
 for  Salary and Benefits

Likes

I have been working with MQ for past 5 years. I have learnt a lot over these years and it has helped me incline in my career path. The team is really supportive and dedicated towards work. Good work place with good environment.

read more
  • Salary - Good
  • +5 more

Dislikes

There are no team building activities. Some times it gets boring

see more salary related reviews

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Magnaquest Technologies IT Manager Salary FAQs

What is the salary of IT Manager at Magnaquest Technologies ?
The average salary of a IT Manager at Magnaquest Technologies in India typically ranges from ₹10.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of IT Manager at Magnaquest Technologies earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. IT Manager Salaries at Magnaquest Technologies can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magnaquest Technologies employees in India.
What is the estimated take home salary of a IT Manager at Magnaquest Technologies in India?
The estimated take-home salary of a IT Manager at Magnaquest Technologies in India typically ranges from ₹82,045 to ₹84,186 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 10 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magnaquest Technologies. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magnaquest Technologies for IT Manager in India?
Bravura Solutions ₹30.8 Lakhs to ₹35.0 Lakhs per year
Soroco ₹17.0 Lakhs to ₹24.8 Lakhs per year
Tecnics Integration Technologies ₹16.2 Lakhs to ₹20.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnaquest Technologies, depending on the role and experience level.
What is the salary of a IT Manager in companies similar to Magnaquest Technologies in India?
The salary of a IT Manager at companies similar to Magnaquest Technologies in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Acuvate Software ₹6.0 Lakhs to ₹14.0 Lakhs per year
Stellar Information Technology ₹9.6 Lakhs to ₹11.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a IT Manager at Magnaquest Technologies in India?
The salary growth for a IT Manager at Magnaquest Technologies depends on factors such as experience, performance, and promotions. On average, a IT Manager can expect the following growth trajectory at Magnaquest Technologies:

Experience Average Salary Range
10 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years ₹11.7 Lakhs to ₹15.0 Lakhs per year
13 years ₹11.7 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magnaquest Technologies IT Manager salary in India ranges between ₹10 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magnaquest Technologies latest salaries received from various employees of Magnaquest Technologies.