Magnum Mi Steel Graduate Engineer Trainee (Get) Salaries by 4 Employees

0 - 1 year exp.

₹1.5 Lakh - ₹2.5 Lakhs

Salary of majority employees

43% less than the average Graduate Engineer Trainee (Get) Salary in Iron & Steel Companies for 0 - 1 year of experience

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Salaries in different departments

Research & Development Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr
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Procurement & Supply Chain Graduate Engineer Trainee (Get) Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr

Last Updated: 14 Mar 2023

Companies similar to Magnum Mi Steel for Graduate Engineer Trainee (Get)

Company name	Avg Annual Salary	Open Jobs
Shri Mahavir Ferro Alloys Graduate Engineer Trainee (Get) Salary 0 - 3 years exp. (15 salaries)	₹1.2 L/yr - ₹3.3 L/yr 9% more
Ampo Valves Graduate Engineer Trainee (Get) Salary 0 - 5 years exp. (8 salaries)	₹2 L/yr - ₹2.5 L/yr 1% more
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Agni Steels Graduate Engineer Trainee (Get) Salary 1 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹3 L/yr 8% more
Mukand Sumi Special Steel Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 27% more
Bihar Foundry Castings Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (4 salaries)	₹1.4 L/yr - ₹2.2 L/yr 15% less
AVON TUBETECH Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹2.8 L/yr 1% more
Genau Extrusions Graduate Engineer Trainee (Get) Salary 1 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 6% less
Shilpa Steel and Power Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr 4% more
Ms Agarwal Foundries Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (4 salaries)	₹1.8 L/yr - ₹3.3 L/yr 46% more
Flow Link Systems Graduate Engineer Trainee (Get) Salary 0 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹1.4 L/yr 41% less
Salasar Techno Engineering Graduate Engineer Trainee (Get) Salary Fresher (4 salaries)	₹2.4 L/yr - ₹3 L/yr 15% more
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Jindal Group Of Companies Graduate Engineer Trainee (Get) Salary Fresher (4 salaries)	₹2 L/yr - ₹6 L/yr 76% more
Ptc Industries Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 11% more
Ramco Steels Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 15% less

Graduate Engineer Trainee (Get) salary at Magnum Mi Steel ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Graduate Engineer Trainee (Get) salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Magnum Mi Steel

Quality Engineer Salary

(14 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Production Manager Salary

(10 salaries)

₹9.95 L/yr - ₹12.35 L/yr

Senior Production Engineer Salary

(9 salaries)

₹3.2 L/yr - ₹5.4 L/yr

Production Engineer Salary

(7 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Senior Quality Engineer Salary

(6 salaries)

₹3.6 L/yr - ₹5 L/yr

Plant Head Salary

(6 salaries)

₹15 L/yr - ₹22 L/yr

Electrician Salary

(5 salaries)

₹2.8 L/yr - ₹3 L/yr

Junior Engineer Salary

(5 salaries)

₹2 L/yr - ₹3 L/yr

PPC Engineer Salary

(4 salaries)

₹3.35 L/yr - ₹5.4 L/yr

Quality Inspector Salary

(4 salaries)

₹2.15 L/yr - ₹3.06 L/yr

Salary related reviews for Magnum Mi Steel

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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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magnum Mi Steel Graduate Engineer Trainee (Get) Salary FAQs

What is the salary of Graduate Engineer Trainee (Get) at Magnum Mi Steel ?

The average salary of a Graduate Engineer Trainee (Get) at Magnum Mi Steel in India typically ranges from ₹1.5 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Graduate Engineer Trainee (Get) at Magnum Mi Steel earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Graduate Engineer Trainee (Get) Salaries at Magnum Mi Steel 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 Mi Steel employees in India.

What is the estimated take home salary of a Graduate Engineer Trainee (Get) at Magnum Mi Steel in India?

The estimated take-home salary of a Graduate Engineer Trainee (Get) at Magnum Mi Steel in India typically ranges from ₹14,676 to ₹16,215 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher to 1 year.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 Mi Steel. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magnum Mi Steel for Graduate Engineer Trainee (Get) in India?

Jindal Group Of Companies	₹2.0 Lakhs to ₹6.0 Lakhs per year
Ms Agarwal Foundries	₹1.8 Lakhs to ₹3.3 Lakhs per year
Mukand Sumi Special Steel	₹2.4 Lakhs to ₹3.0 Lakhs per year
Salasar Techno Engineering	₹2.4 Lakhs to ₹3.0 Lakhs per year
Ptc Industries	₹1.5 Lakhs to ₹3.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnum Mi Steel, depending on the role and experience level.

What is the salary of a Graduate Engineer Trainee (Get) in companies similar to Magnum Mi Steel in India?

The salary of a Graduate Engineer Trainee (Get) at companies similar to Magnum Mi Steel in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shri Mahavir Ferro Alloys	₹1.2 Lakhs to ₹3.3 Lakhs per year
Agni Steels	₹1.8 Lakhs to ₹3.0 Lakhs per year
Shilpa Steel and Power	₹1.8 Lakhs to ₹3.5 Lakhs per year
Ampo Valves	₹2.0 Lakhs to ₹2.5 Lakhs per year
AVON TUBETECH	₹1.8 Lakhs to ₹2.8 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 Graduate Engineer Trainee (Get) at Magnum Mi Steel in India?

The salary growth for a Graduate Engineer Trainee (Get) at Magnum Mi Steel depends on factors such as experience, performance, and promotions. On average, a Graduate Engineer Trainee (Get) can expect the following growth trajectory at Magnum Mi Steel:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Magnum Mi Steel Graduate Engineer Trainee (Get) Salaries

Magnum Mi Steel Graduate Engineer Trainee (Get) salary in India ranges between ₹1.5 Lakh to ₹2.5 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.

Magnum Mi Steel Graduate Engineer Trainee (Get) salaries in India

Companies similar to Magnum Mi Steel for Graduate Engineer Trainee (Get)

Latest annual salaries shared by Magnum Mi Steel Graduate Engineer Trainee (Get)

Experience wise Magnum Mi Steel Graduate Engineer Trainee (Get) salaries

Similar Designation salaries in Magnum Mi Steel

Salary related reviews for Magnum Mi Steel

Production Engineer in Delhi

Dispatch Supervisor in New Delhi

Store Incharge in Gurgaon / Gurugram

Assistant Manager- Purchase in Bawal

Executive in Gurgaon / Gurugram

Magnum Mi Steel Graduate Engineer Trainee (Get) Salary FAQs

Tell us how to improve this page.