Magnum Forge & Machine Works Pune Heat Treatment Engineer Salaries by 4 Employees

3 - 12 years exp.

₹3.1 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% more than the average Heat Treatment Engineer Salary for 3 - 12 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Heat Treatment Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.6 L/yr
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Research & Development Heat Treatment Engineer Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Magnum Forge & Machine Works for Heat Treatment Engineer in Pune

Magnum Forge & Machine Works Heat Treatment Engineer Salary

3 - 12 years exp. (4 salaries)

₹3.1 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
ZF Steering Gear Heat Treatment Engineer Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹7 L/yr 19% less
Hirschvogel Components Heat Treatment Engineer Salary 4 - 8 years exp. (5 salaries)	₹3 L/yr - ₹4.1 L/yr 16% less
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ARaymond Heat Treatment Engineer Salary 3 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 22% less
Western India Forgings Heat Treatment Engineer Salary 4 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr 13% less
American Axle & Manufacturing Heat Treatment Engineer Salary 0 - 11 years exp. (3 salaries)	₹2.1 L/yr - ₹5.7 L/yr 9% less

Heat Treatment Engineer salary at Magnum Forge & Machine Works ranges between ₹3.1 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Forge & Machine Works.

Experience wise Magnum Forge & Machine Works Heat Treatment Engineer salaries in Pune

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
12 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Magnum Forge & Machine Works

Quality Engineer Salary

(6 salaries)

₹3.2 L/yr - ₹4 L/yr

Production Engineer Salary

(4 salaries)

₹2.6 L/yr - ₹7.3 L/yr

Senior Engineer Salary

(3 salaries)

₹5.2 L/yr - ₹7.2 L/yr

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Magnum Forge & Machine Works Heat Treatment Engineer Salary FAQs

What is the salary of Heat Treatment Engineer at Magnum Forge & Machine Works in Pune?

The average salary of a Heat Treatment Engineer at Magnum Forge & Machine Works in Pune typically ranges from ₹3.1 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Heat Treatment Engineer in Pune at Magnum Forge & Machine Works earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Heat Treatment Engineer Salaries at Magnum Forge & Machine Works can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magnum Forge & Machine Works employees in India.

What is the estimated take home salary of a Heat Treatment Engineer at Magnum Forge & Machine Works in Pune?

The estimated take-home salary of a Heat Treatment Engineer at Magnum Forge & Machine Works in Pune typically ranges from ₹31,840 to ₹33,127 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magnum Forge & Machine Works. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Heat Treatment Engineer in companies similar to Magnum Forge & Machine Works in Pune?

The salary of a Heat Treatment Engineer at companies similar to Magnum Forge & Machine Works in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

American Axle & Manufacturing	₹2.1 Lakhs to ₹5.7 Lakhs per year
Western India Forgings	₹2.5 Lakhs to ₹4.2 Lakhs per year
Hirschvogel Components	₹3.0 Lakhs to ₹4.1 Lakhs per year
ZF Steering Gear	₹2.0 Lakhs to ₹7.0 Lakhs per year
ARaymond	₹2.4 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Heat Treatment Engineer at Magnum Forge & Machine Works in Pune?

The salary growth for a Heat Treatment Engineer at Magnum Forge & Machine Works in Pune depends on factors such as experience, performance, and promotions. On average, a Heat Treatment Engineer in Pune can expect the following growth trajectory at Magnum Forge & Machine Works:

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year
12 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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Magnum Forge & Machine Works Heat Treatment Engineer Salaries in Pune

Magnum Forge & Machine Works Heat Treatment Engineer salary in Pune ranges between ₹3.1 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Forge & Machine Works latest salaries received from various employees of Magnum Forge & Machine Works.