Magnetic FAAC Senior Design Engineer Salaries by 5 Employees (Updated 2024)

6 - 9 years exp.

₹7 Lakhs - ₹7.5 Lakhs

Salary of majority employees

20% less than the average Senior Design Engineer Salary for 6 - 9 years of experience

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Last Updated: 30 May 2024

Companies similar to Magnetic FAAC for Senior Design Engineer

Company name	Avg Annual Salary	Open Jobs
Huawei Technologies Senior Design Engineer Salary 3 - 10 years exp. (19 salaries)	₹4.5 L/yr - ₹8.5 L/yr 10% less
Marelli Senior Design Engineer Salary 5 - 8 years exp. (7 salaries)	₹7.6 L/yr - ₹11.5 L/yr 24% more
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ABCI Infrastructures Senior Design Engineer Salary 0 - 7 years exp. (4 salaries)	₹12 L/yr - ₹18.3 L/yr 106% more
HCL Infosystems Senior Design Engineer Salary 4 - 6 years exp. (3 salaries)	₹6 L/yr - ₹15 L/yr 28% more
Seoyon E-hwa Automotive Senior Design Engineer Salary 5 - 6 years exp. (3 salaries)	₹6.5 L/yr - ₹7 L/yr 6% less
Caparo Engineering India Senior Design Engineer Salary 8 - 14 years exp. (3 salaries)	₹7 L/yr - ₹9.2 L/yr 9% more

Senior Design Engineer salary at Magnetic FAAC ranges between ₹7 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Magnetic FAAC.

Experience wise Magnetic FAAC Senior Design Engineer salaries

Last Updated: 30 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹12.8 L/yr
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8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr

Similar Designation salaries in Magnetic FAAC

Senior Engineer Salary

(3 salaries)

₹5 L/yr - ₹7.6 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(3 salaries)

₹12 L/yr - ₹13.1 L/yr

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a technical project manager

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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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Magnetic FAAC Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Magnetic FAAC?

Senior Design Engineer salary at Magnetic FAAC in India ranges between ₹7.0 Lakhs to ₹7.5 Lakhs for experience between 6 years to 9 years. According to our estimates it is 20% less than the average Senior Design Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnetic FAAC India.

How does the salary of a Senior Design Engineer at Magnetic FAAC India compare with the average salary range for this job?

The average salary of a Senior Design Engineer at Magnetic FAAC is 20% less than the average salary of a Senior Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnetic FAAC to a Senior Design Engineer in India?

ABCI Infrastructures Senior Design Engineer Salary - ₹12.0 Lakhs to ₹18.3 Lakhs per year
HCL Infosystems Senior Design Engineer Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Marelli Senior Design Engineer Salary - ₹7.6 Lakhs to ₹11.5 Lakhs per year
Caparo Engineering India Senior Design Engineer Salary - ₹7.0 Lakhs to ₹9.2 Lakhs per year

What is the salary of a Senior Design Engineer in companies similar to Magnetic FAAC in India?

Seoyon E-hwa Automotive Senior Design Engineer Salary - ₹6.5 Lakhs to ₹7.0 Lakhs per year
Huawei Technologies Senior Design Engineer Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Senior Design Engineer at Magnetic FAAC in India?

The estimated take-home salary of a Senior Design Engineer at Magnetic FAAC ranges between ₹53,991 per month to ₹55,338 per month in India. The take-home salary calculation is based on the average Magnetic FAAC Senior Design Engineer salary in India which ranges between ₹7.0 Lakhs to ₹7.5 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Design Engineer at Magnetic FAAC?

According to AmbitionBox, 50% of the Magnetic FAAC Senior Design Engineers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Magnetic FAAC Senior Design Engineer Salaries

Magnetic FAAC Senior Design Engineer salary in India ranges between ₹7 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnetic FAAC latest salaries received from various employees of Magnetic FAAC.