Magnum Mi Steel Bawal Assistant Manager Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹5.2 Lakhs - ₹7.2 Lakhs

Salary of majority employees

22% less than the average Assistant Manager Salary in Iron & Steel Companies for 6 - 8 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Magnum Mi Steel for Assistant Manager in Bawal

Magnum Mi Steel Assistant Manager Salary

6 - 8 years exp. (4 salaries)

₹5.2 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Musashi Auto Parts Assistant Manager Salary 7 - 16 years exp. (34 salaries)	₹6.6 L/yr - ₹13.7 L/yr 62% more
Rico Auto Industries Assistant Manager Salary 4 - 11 years exp. (26 salaries)	₹3.5 L/yr - ₹8.1 L/yr 9% less	2 job openings
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Furukawa Minda Electric Assistant Manager Salary 6 - 13 years exp. (24 salaries)	₹5.8 L/yr - ₹8.4 L/yr 15% more
JTEKT Assistant Manager Salary 8 - 17 years exp. (23 salaries)	₹5.7 L/yr - ₹9.5 L/yr 37% more
Johnson Matthey Assistant Manager Salary 7 - 12 years exp. (22 salaries)	₹7.6 L/yr - ₹14.5 L/yr 86% more

Assistant Manager salary at Magnum Mi Steel ranges between ₹5.2 Lakhs to ₹7.2 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Assistant Manager salaries in Bawal

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.2 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹11.3 L/yr
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8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.5 L/yr

Similar Designation salaries in Magnum Mi Steel

Senior Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.24 L/yr

Salary related reviews for Magnum Mi Steel

5.0

Rated by 3 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 .

Skill development - Excellent

+5 more

Dislikes

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

Salary - Poor

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.

Salary - Poor

+4 more

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.

Skill development - Excellent

+3 more

Dislikes

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

Salary - Bad

+1 more

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.

Skill development - Good

+3 more

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.

Salary - Poor

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Magnum Mi Steel Assistant Manager Salary FAQs

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

Assistant Manager salary at Magnum Mi Steel in Bawal ranges between ₹5.2 Lakhs to ₹7.2 Lakhs for experience between 6 years to 8 years. According to our estimates it is 22% less than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnum Mi Steel Bawal.

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

The average salary of a Assistant Manager at Magnum Mi Steel is 22% less than the average salary of a Assistant Manager in Bawal. To know exact salary insights, login to view.

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

Johnson Matthey Assistant Manager Salary - ₹7.6 Lakhs to ₹14.5 Lakhs per year
Musashi Auto Parts Assistant Manager Salary - ₹6.6 Lakhs to ₹13.7 Lakhs per year
JTEKT Assistant Manager Salary - ₹5.7 Lakhs to ₹9.5 Lakhs per year
Furukawa Minda Electric Assistant Manager Salary - ₹5.8 Lakhs to ₹8.4 Lakhs per year

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

Rico Auto Industries Assistant Manager Salary - ₹3.5 Lakhs to ₹8.1 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Magnum Mi Steel ranges between ₹49,675 per month to ₹50,848 per month in Bawal. The take-home salary calculation is based on the average Magnum Mi Steel Assistant Manager salary in India which ranges between ₹5.2 Lakhs to ₹7.2 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Magnum Mi Steel Assistant Managers in Bawal reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Magnum Mi Steel Assistant Manager Salaries in Bawal

Magnum Mi Steel Assistant Manager salary in Bawal ranges between ₹5.2 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.