Magnetic FAAC Senior Production Engineer Salaries by 3 Employees

10 - 12 years exp.

₹5 Lakhs - ₹6.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

7% less than the average Senior Production Engineer Salary for 10 - 12 years of experience

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Last Updated: 8 Nov 2024

Companies similar to Magnetic FAAC for Senior Production Engineer

Company name	Avg Annual Salary	Open Jobs
Caparo Engineering India Senior Production Engineer Salary 6 - 13 years exp. (17 salaries)	₹3.4 L/yr - ₹7.4 L/yr 12% less
Maxxis Rubber Senior Production Engineer Salary 6 - 18 years exp. (7 salaries)	₹5.7 L/yr - ₹13 L/yr 61% more
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Marelli Senior Production Engineer Salary 5 - 9 years exp. (5 salaries)	₹7.6 L/yr - ₹9.4 L/yr 48% more
Indorama Senior Production Engineer Salary 5 - 9 years exp. (4 salaries)	₹6.3 L/yr - ₹12 L/yr 75% more
Huawei Technologies Senior Production Engineer Salary 3 - 8 years exp. (4 salaries)	₹4 L/yr - ₹7.8 L/yr 4% less

Senior Production Engineer salary at Magnetic FAAC ranges between ₹5 Lakhs to ₹6.4 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Magnetic FAAC.

Experience wise Magnetic FAAC Senior Production Engineer salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in Magnetic FAAC

Production Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Engineer Salary

(3 salaries)

₹5 L/yr - ₹7.6 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(3 salaries)

₹12 L/yr - ₹13.1 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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Magnetic FAAC Senior Production Engineer Salary FAQs

How the salary growth look like for a Senior Production Engineer at Magnetic FAAC in India?

The salary growth for a Senior Production Engineer at Magnetic FAAC depends on factors such as experience, performance, and promotions. On average, a Senior Production Engineer can expect the following growth trajectory at Magnetic FAAC:

Experience	Average Salary Range
10 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
11 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
12 years	₹5.0 Lakhs to ₹6.4 Lakhs per year

and so on.

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Magnetic FAAC Senior Production Engineer Salaries

Magnetic FAAC Senior Production Engineer salary in India ranges between ₹5 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magnetic FAAC latest salaries received from various employees of Magnetic FAAC.