Magnatek Enterprises Salaries by 70+ Employees (Updated 2024)

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Human Resources Sales & Business Development Engineering - Software & QA Customer Success, Service & Operations + 4 more

Designation	Avg Annual Salary	Open Jobs
Area Sales Manager 7 - 26 years exp. (7 salaries)	₹4.2 L/yr - ₹4.8 L/yr
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Service Engineer 0 - 2 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr
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HR Manager 4 - 9 years exp. (6 salaries)	₹3 L/yr - ₹4.5 L/yr
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Sales Manager 15 - 24 years exp. (4 salaries)	₹6 L/yr - ₹10 L/yr
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Business Development Manager 8 - 20 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr
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Tendering Manager 15 - 17 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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Electronics Engineer 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr
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Senior HR Executive 6 - 7 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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Regional Sales Manager 22 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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Service Technician 0 - 1 year exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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HR Executive 1 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Head Human Resources 22 - 23 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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Sales Coordinator 2 - 5 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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Administration & Operations Manager 15 - 16 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Commercial Manager 15 - 20 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
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Sales & Service Coordinator 6 - 7 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Ppic Executive 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Factory Supervisor 26 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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HR Executive Recruiter Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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R. M.Store 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 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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Salary related reviews for Magnatek Enterprises

2.9

Rated by 19 employees for salary & benefits

Service Engineer in Hyderabad / Secunderabad

Service Engineering Department

4.0

• posted on 04 Jun 2022

3.0

for Salary and Benefits

Likes

Work Culture is good people are helping eachother. Proper guidance while working here.

Dislikes

Need to improve Tour Expenses, because what we are getting that is not sufficient on outside like in 400 hundreds giving for food for breakfast, lunch and dinner but it is not sufficient On Tour need to improve Tour Expenses on Food and Staying also

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Magnatek Enterprises Salary FAQs

How much does Magnatek Enterprises pay per year?

The average Magnatek Enterprises salary ranges from approximately ₹1.5 Lakh to ₹3.5 Lakhs per year for a Service Engineer and ₹4.2 Lakhs to ₹4.8 Lakhs per year for a Area Sales Manager. Salary estimates are based on 79 Magnatek Enterprises salaries received from various employees of Magnatek Enterprises. Magnatek Enterprises employees rate the overall salary and benefits package 2.9/5 stars.

What is the highest salary in Magnatek Enterprises?

The highest-paying job at Magnatek Enterprises is a Area Sales Manager with a salary of ₹4.2 Lakhs to ₹4.8 Lakhs per year. The top 10% of employees earn more than ₹9.62 lakhs per year. The top 1% earn more than a whopping ₹42.72 lakhs per year.

What is the minimum salary in Magnatek Enterprises?

Minimum salary at Magnatek Enterprises depends on the role you are applying for. For Service Technician the minimum salary is ₹1.6 Lakh to ₹2.1 Lakhs per year, and for Service Engineer the minimum salary is ₹1.5 Lakh to ₹3.5 Lakhs per year and so on.

What is the notice period at Magnatek Enterprises?

According to AmbitionBox, 59% of the Magnatek Enterprises employees reported a notice period of 1 Month, 34% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Magnatek Enterprises Salaries by Location

Magnatek Enterprises Salaries by Department

Average annual salary in Magnatek Enterprises is INR . Salary estimates are based on 79 Magnatek Enterprises latest salaries received from various employees of Magnatek Enterprises.