Magnatherm Alloys Production & Quality Engineer Salaries by Employees

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₹2.9 Lakhs - ₹3.7 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 10 May 2023

Companies similar to Magnatherm Alloys for Production & Quality Engineer

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Production & Quality Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.2 L/yr - ₹5.5 L/yr 15% more
Cognizant Production & Quality Engineer Salary 1 - 6 years exp. (4 salaries)	₹3 L/yr - ₹9.6 L/yr 59% more
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LTIMindtree Production & Quality Engineer Salary 2 - 6 years exp. (4 salaries)	₹15 L/yr - ₹23 L/yr 446% more
Reliance Industries Production & Quality Engineer Salary 0 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹5 L/yr 19% more
Capgemini Production & Quality Engineer Salary 3 - 5 years exp. (3 salaries)	₹6 L/yr - ₹30 L/yr 456% more

Production & Quality Engineer salary at Magnatherm Alloys ranges between ₹2.9 Lakhs to ₹3.7 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magnatherm Alloys.

Similar Designation salaries in Magnatherm Alloys

Electrical Supervisor Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Factory Incharge Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

PPC Engineer Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Factory Head Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magnatherm Alloys Production & Quality Engineer Salary FAQs

How the salary growth look like for a Production & Quality Engineer at Magnatherm Alloys in India?

The salary growth for a Production & Quality Engineer at Magnatherm Alloys depends on factors such as experience, performance, and promotions. On average, a Production & Quality Engineer can expect the following growth trajectory at Magnatherm Alloys:

Experience	Average Salary Range
5 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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Magnatherm Alloys Production & Quality Engineer Salaries

Magnatherm Alloys Production & Quality Engineer salary in India ranges between ₹2.9 Lakhs to ₹3.7 Lakhs. This is an estimate based on latest salaries received from employees of Magnatherm Alloys.