Magnatek Enterprises Service Engineer Salaries by 7 Employees

0 - 2 years exp.

₹1.5 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

48% 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
Automated Systems Design Service Engineer Salary 0 - 10 years exp. (6 salaries)	₹8 L/yr - ₹20 L/yr 543% more
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
Madras Engineering Industries Service Engineer Salary 2 - 8 years exp. (3 salaries)	₹2.9 L/yr - ₹4 L/yr 69% 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

(3 salaries)

₹1.6 L/yr - ₹2 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.

Job security - Good

+1 more

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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Shifting from Bangalore to Hyderabad

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Magnatek Enterprises Service Engineer Salary FAQs

What is the salary of Service Engineer at Magnatek Enterprises ?

The average salary of a Service Engineer at Magnatek Enterprises in India typically ranges from ₹1.5 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Service Engineer at Magnatek Enterprises earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Service Engineer Salaries at Magnatek Enterprises 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 7 Magnatek Enterprises employees in India.

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 in India typically ranges from ₹15,101 to ₹16,677 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 7 salaries received from various employees of Magnatek Enterprises. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magnatek Enterprises for Service Engineer in India?

Automated Systems Design	₹8.0 Lakhs to ₹20.0 Lakhs per year
Madras Engineering Industries	₹2.9 Lakhs to ₹4.0 Lakhs per year
RPL Automation	₹3.0 Lakhs to ₹3.1 Lakhs per year
Balaji Enterprises	₹1.8 Lakhs to ₹3.6 Lakhs per year
Hi-Tech	₹2.0 Lakhs to ₹2.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnatek Enterprises, depending on the role and experience level.

How the salary growth look like for a Service Engineer at Magnatek Enterprises in India?

The salary growth for a Service Engineer at Magnatek Enterprises depends on factors such as experience, performance, and promotions. On average, a Service Engineer can expect the following growth trajectory at Magnatek Enterprises:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.7 Lakhs per year
1 year	₹1.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹4.1 Lakhs per year

and so on.

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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.