Magnecomp Precision Technology Salaries by 30+ Employees (Updated 2024)

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Production, Manufacturing & Engineering

Designation	Avg Annual Salary	Open Jobs
Tool Engineer 6 - 13 years exp. (9 salaries)	₹5.1 L/yr - ₹18 L/yr
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Tool Maker 4 - 8 years exp. (6 salaries)	₹5.1 L/yr - ₹10 L/yr
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Tool Room Engineer 12 - 16 years exp. (5 salaries)	₹6 L/yr - ₹13 L/yr
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Senior Tool Maker 13 - 19 years exp. (4 salaries)	₹7.2 L/yr - ₹19 L/yr
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Tool Maker Engineer 5 - 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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Team Lead 18 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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Design Engineer 9 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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CAD Design Engineer 10 years exp. (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
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Engineering Manager 19 years exp. (AmbitionBox Estimate)	₹40.5 L/yr - ₹51.8 L/yr
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Senior Design Engineer 16 years exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Senior Tool Design Engineer 11 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Senior Tools Engineer 11 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Tool & DIE Maker(Tooling Engineer) 10 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
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Tool & DIE Maker 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Tool Design Engineer 9 years exp. (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
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a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Magnecomp Precision Technology Salary FAQs

How much does Magnecomp Precision Technology pay per year?

The average Magnecomp Precision Technology salary ranges from approximately ₹5.1 Lakhs to ₹10 Lakhs per year for a Tool Maker and ₹5.1 Lakhs to ₹18 Lakhs per year for a Tool Engineer. Salary estimates are based on 36 Magnecomp Precision Technology salaries received from various employees of Magnecomp Precision Technology. Magnecomp Precision Technology employees rate the overall salary and benefits package 3.2/5 stars.

What is the highest salary in Magnecomp Precision Technology?

The highest-paying job at Magnecomp Precision Technology is a Tool Engineer with a salary of ₹5.1 Lakhs to ₹18 Lakhs per year. The top 10% of employees earn more than ₹19 lakhs per year. The top 1% earn more than a whopping ₹45 lakhs per year.

What is the minimum salary in Magnecomp Precision Technology?

Minimum salary at Magnecomp Precision Technology depends on the role you are applying for. For Senior Design Engineer the minimum salary is ₹1.4 Lakh to ₹1.7 Lakh per year, and for Tool & DIE Maker the minimum salary is ₹5.4 Lakhs to ₹6.9 Lakhs per year and so on.

What is the notice period at Magnecomp Precision Technology?

According to AmbitionBox, 52% of the Magnecomp Precision Technology employees reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 25 responses on AmbitionBox in last 2 years.

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Magnecomp Precision Technology Salaries by Location

Magnecomp Precision Technology Salaries by Department

Average annual salary in Magnecomp Precision Technology is INR . Salary estimates are based on 36 Magnecomp Precision Technology latest salaries received from various employees of Magnecomp Precision Technology.