Magnetic FAAC Chennai Research & Development Salaries by 9 Employees (Updated 2024)

Designation	Avg Annual Salary	Open Jobs
Senior Design Engineer 7 - 9 years exp. · Chennai (4 salaries)	₹7 L/yr - ₹7.5 L/yr
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Senior Engineer 7 years exp. · Chennai (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Manager 10 - 14 years exp. · Chennai (4 salaries)	₹13.3 L/yr - ₹17 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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What is the notice period at Magnetic FAAC in Research & Development Department in Chennai?

According to AmbitionBox, 71% of the Magnetic FAAC employees in Research & Development Department in Chennai reported a notice period of 2 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Magnetic FAAC , Chennai is INR . Salary estimates are based on 9 Magnetic FAAC latest salaries received from various employees of Magnetic FAAC.