Magnatek Enterprises Service Engineer Salaries by 7 Employees (Updated 2024)

0 - 2 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Salary of majority employees

47% less than the average Service Engineer Salary for 0 - 2 years of experience

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Salaries in different departments

Engineering - Software & QA Service Engineer Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3.5 L/yr
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Production, Manufacturing & Engineering Service Engineer Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 28 Sep 2023

Companies similar to Magnatek Enterprises for Service Engineer

Company name	Avg Annual Salary	Open Jobs
BHEL Service Engineer Salary 0 - 10 years exp. (6 salaries)	₹1 L/yr - ₹8 L/yr 91% more
Thermax Limited Service Engineer Salary 1 - 8 years exp. (104 salaries)	₹2.2 L/yr - ₹10 L/yr 145% more	1 job opening
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Kirloskar Brothers Service Engineer Salary 1 - 7 years exp. (28 salaries)	₹2.1 L/yr - ₹5.4 L/yr 70% more
Siemens Service Engineer Salary 1 - 10 years exp. (292 salaries)	₹1.9 L/yr - ₹8.5 L/yr 116% more	2 job openings
Crompton Greaves Consumer Electricals Service Engineer Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹7 L/yr 137% more
Larsen & Toubro Limited Service Engineer Salary 0 - 9 years exp. (360 salaries)	₹0.7 L/yr - ₹9 L/yr 102% more
Tata Power Service Engineer Salary 0 - 8 years exp. (4 salaries)	₹2 L/yr - ₹6 L/yr 72% more
Havells Service Engineer Salary 1 - 10 years exp. (26 salaries)	₹1.8 L/yr - ₹5.5 L/yr 51% more
ABB Group Service Engineer Salary 1 - 9 years exp. (132 salaries)	₹1.5 L/yr - ₹10 L/yr 169% more
Schneider Electric Service Engineer Salary 0 - 8 years exp. (89 salaries)	₹1.8 L/yr - ₹8.2 L/yr 100% more	2 job openings
Balaji Enterprises Service Engineer Salary 3 - 12 years exp. (5 salaries)	₹1.8 L/yr - ₹3.6 L/yr 30% more
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Hi-Tech Service Engineer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹2.9 L/yr 7% more
RPL Automation Service Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.1 L/yr 39% more

Service Engineer salary at Magnatek Enterprises ranges between ₹1.5 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Magnatek Enterprises.

Experience wise Magnatek Enterprises Service Engineer salaries

Last Updated: 28 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.7 L/yr
1 year (3 salaries)	₹1.7 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Magnatek Enterprises

Service Technician Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Factory Supervisor Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Chemist Quality Control Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Service Supervisor Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Salary related reviews for Magnatek Enterprises

3.0

Rated by 2 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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Salary Discussions, Hike & Promotions

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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Magnatek Enterprises Service Engineer Salary FAQs

What is the salary of Service Engineer at Magnatek Enterprises?

Service Engineer salary at Magnatek Enterprises in India ranges between ₹1.5 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 47% less than the average Service Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magnatek Enterprises India.

How does the salary of a Service Engineer at Magnatek Enterprises India compare with the average salary range for this job?

The average salary of a Service Engineer at Magnatek Enterprises is 47% less than the average salary of a Service Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnatek Enterprises to a Service Engineer in India?

ABB Group Service Engineer Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
Thermax Limited Service Engineer Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
Crompton Greaves Consumer Electricals Service Engineer Salary - ₹2.2 Lakhs to ₹7.0 Lakhs per year
Siemens Service Engineer Salary - ₹1.9 Lakhs to ₹8.5 Lakhs per year
Larsen & Toubro Limited Service Engineer Salary - ₹0.7 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Service Engineer in companies similar to Magnatek Enterprises in India?

Schneider Electric Service Engineer Salary - ₹1.8 Lakhs to ₹8.2 Lakhs per year
BHEL Service Engineer Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
Tata Power Service Engineer Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Kirloskar Brothers Service Engineer Salary - ₹2.1 Lakhs to ₹5.4 Lakhs per year
Havells Service Engineer Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Service Engineer at Magnatek Enterprises in India?

The estimated take-home salary of a Service Engineer at Magnatek Enterprises ranges between ₹15,101 per month to ₹16,677 per month in India. The take-home salary calculation is based on the average Magnatek Enterprises Service Engineer salary in India which ranges between ₹1.5 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Service Engineer at Magnatek Enterprises?

According to AmbitionBox, 100% of the Magnatek Enterprises Service Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Magnatek Enterprises Service Engineer Salaries

Magnatek Enterprises Service Engineer salary in India ranges between ₹1.5 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Magnatek Enterprises latest salaries received from various employees of Magnatek Enterprises.