Magnum Mi Steel Assistant Manager Salaries by 10+ Employees (Updated 2024)

6 - 13 years exp.

₹4.8 Lakhs - ₹10 Lakhs

Salary of majority employees

20% less than the average Assistant Manager Salary in Iron & Steel Companies for 6 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Quality Assurance Assistant Manager Salary 6 - 12 years exp. (6 salaries)	₹5.5 L/yr - ₹7.8 L/yr
Production, Manufacturing & Engineering Assistant Manager Salary 7 - 8 years exp. (3 salaries)	₹5.2 L/yr - ₹7.7 L/yr
Login to view exact salary
IT & Information Security Assistant Manager Salary 13 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹10 L/yr
Research & Development Assistant Manager Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹7 L/yr

Last Updated: 5 Dec 2024

Companies similar to Magnum Mi Steel for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Assistant Manager Salary 0 - 18 years exp. (1.4k salaries)	₹5.2 L/yr - ₹15.5 L/yr 48% more	3 job openings
JSW Steel Assistant Manager Salary 0 - 18 years exp. (3k salaries)	₹5.1 L/yr - ₹14.5 L/yr 31% more	4 job openings
Login to view exact salary
Steel Authority Of India Assistant Manager Salary 1 - 10 years exp. (82 salaries)	₹7.2 L/yr - ₹21.4 L/yr 133% more
ArcelorMittal Nippon Steel Assistant Manager Salary 0 - 13 years exp. (583 salaries)	₹3.1 L/yr - ₹11.6 L/yr 16% more
Jindal Steel and Power Assistant Manager Salary 1 - 15 years exp. (2k salaries)	₹4 L/yr - ₹14 L/yr 39% more
Vedanta Limited Assistant Manager Salary 0 - 15 years exp. (244 salaries)	₹5 L/yr - ₹16 L/yr 77% more
ArcelorMittal Assistant Manager Salary 0 - 13 years exp. (88 salaries)	₹3.6 L/yr - ₹11 L/yr 16% more
Bhushan Power & Steel Assistant Manager Salary 10 - 19 years exp. (196 salaries)	₹4.3 L/yr - ₹11.9 L/yr 32% more
Vizag Steel Assistant Manager Salary 3 - 5 years exp. (28 salaries)	₹8 L/yr - ₹18 L/yr 98% more
Monnet Group Assistant Manager Salary 5 - 16 years exp. (29 salaries)	₹4.3 L/yr - ₹9 L/yr 6% less
Mukand Sumi Special Steel Assistant Manager Salary 1 - 13 years exp. (35 salaries)	₹6.5 L/yr - ₹11 L/yr 30% more
Login to view exact salary
Ms Agarwal Foundries Assistant Manager Salary 4 - 11 years exp. (28 salaries)	₹3.4 L/yr - ₹9 L/yr 1% more
Salasar Techno Engineering Assistant Manager Salary 5 - 13 years exp. (28 salaries)	₹3.4 L/yr - ₹9.4 L/yr 2% less
AVON TUBETECH Assistant Manager Salary 6 - 13 years exp. (24 salaries)	₹4 L/yr - ₹10.5 L/yr 1% less
Jsl Lifestyle Assistant Manager Salary 5 - 14 years exp. (24 salaries)	₹5.8 L/yr - ₹10.5 L/yr 26% more
Jindal Group Of Companies Assistant Manager Salary 5 - 16 years exp. (24 salaries)	₹6 L/yr - ₹12 L/yr 28% more
Shri Mahavir Ferro Alloys Assistant Manager Salary 5 - 15 years exp. (21 salaries)	₹2.4 L/yr - ₹7.2 L/yr 17% less
Yg Cutting Tools Assistant Manager Salary 7 - 15 years exp. (15 salaries)	₹6.2 L/yr - ₹13 L/yr 43% more
Ramco Steels Assistant Manager Salary 2 - 11 years exp. (14 salaries)	₹3 L/yr - ₹10 L/yr 23% less
Allied Hitech Industries Assistant Manager Salary 6 - 11 years exp. (12 salaries)	₹4 L/yr - ₹8.2 L/yr 8% less

View all

Assistant Manager salary at Magnum Mi Steel ranges between ₹4.8 Lakhs to ₹10 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Assistant Manager salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.3 L/yr
7 years (3 salaries)	₹4.8 L/yr - ₹10.8 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹11.8 L/yr
10 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.3 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Magnum Mi Steel

Assistant Store Manager Salary

(3 salaries)

₹5.5 L/yr - ₹6.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹14.6 L/yr - ₹18.6 L/yr

Store Manager Salary

(3 salaries)

₹4.8 L/yr - ₹5 L/yr

Deputy Manager Salary

(5 salaries)

₹8.05 L/yr - ₹10.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Salary related reviews for Magnum Mi Steel

4.4

Rated by 4 employees for salary & benefits

Production Engineer in Delhi

Mechanical engineering Department

5.0

• posted on 11 Jun 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good, appraisal are fair and they good salary and bonus every year .

Dislikes

There is a lot of politics and the management address our issues.on the job training is not good.

Dispatch Supervisor in New Delhi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 24 Apr 2024

2.0

for Salary and Benefits

Likes

The only thing is that they are good into business

Dislikes

The work culture is bad and don’t have fixed off on sat. There is no time table at the time of interview they say 8 hrs job but it extend up to 12-13 hours with no overtime.

Store Incharge in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

5.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

This is a very nice culture and good seniors behaviour and good performance but not promotions improvement.

Dislikes

Company culture good but Some people do very bad politics which I don't like politics system.

Assistant Manager- Purchase in Bawal

Full Time

Procurement & Supply Chain Department

4.0

• posted on 17 Jul 2019

3.0

for Salary and Benefits

Likes

Magnum MI Steel, company is too good for a local Employees to grow and learning.

Dislikes

About dislike is nothing, all over organization is good. But there is not available canteen where employees can sit and take rest in lunch time. I don't want to say about accommodating (food) but there should be a relexable place to take rest.

Executive in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Outer looks of company.

Dislikes

No basic facility like Good quality Ro water for drinking & Toilet condition is worst. Plant head is very Rude and Egoist person only Tel pani person can servior there. NO basic culture to growth....My experience is worst with this company. No appreciation on work even I work for 15-16 hours some time as I was there in RND depart.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Magnum Mi Steel?

Ask anonymously on communities.

Magnum Mi Steel Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Magnum Mi Steel?

Assistant Manager salary at Magnum Mi Steel in India ranges between ₹4.8 Lakhs to ₹10.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 20% less than the average Assistant Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Magnum Mi Steel India.

How does the salary of a Assistant Manager at Magnum Mi Steel India compare with the average salary range for this job?

The average salary of a Assistant Manager at Magnum Mi Steel is 20% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Mi Steel to a Assistant Manager in India?

Steel Authority Of India Assistant Manager Salary - ₹7.2 Lakhs to ₹21.4 Lakhs per year
Vizag Steel Assistant Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Vedanta Limited Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Tata Steel Assistant Manager Salary - ₹5.2 Lakhs to ₹15.5 Lakhs per year
Yg Cutting Tools Assistant Manager Salary - ₹6.2 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Magnum Mi Steel in India?

Jindal Steel and Power Assistant Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Bhushan Power & Steel Assistant Manager Salary - ₹4.3 Lakhs to ₹11.9 Lakhs per year
Hmm Infra Assistant Manager Salary - ₹8.0 Lakhs to ₹9.6 Lakhs per year
JSW Steel Assistant Manager Salary - ₹5.1 Lakhs to ₹14.5 Lakhs per year
Mukand Sumi Special Steel Assistant Manager Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Magnum Mi Steel in India?

The estimated take-home salary of a Assistant Manager at Magnum Mi Steel ranges between ₹51,207 per month to ₹52,415 per month in India. The take-home salary calculation is based on the average Magnum Mi Steel Assistant Manager salary in India which ranges between ₹4.8 Lakhs to ₹10.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Magnum Mi Steel?

According to AmbitionBox, 94% of the Magnum Mi Steel Assistant Managers reported a notice period of 1 Month, 6% reported a notice period of 15 days or less.This is based on 17 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magnum Mi Steel Assistant Manager Salaries by Location

Home >
Salaries >
Magnum Mi Steel Salaries >
Magnum Mi Steel Assistant Manager Salaries

Magnum Mi Steel Assistant Manager salary in India ranges between ₹4.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.