Magnum Mi Steel Bawal Junior Engineer Salaries by 3 Employees

4 - 5 years exp.

₹2 Lakhs - ₹2.4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

28% less than the average Junior Engineer Salary in Iron & Steel Companies for 4 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Magnum Mi Steel for Junior Engineer in Bawal

Magnum Mi Steel Junior Engineer Salary

4 - 5 years exp. (3 salaries)

₹2 L/yr - ₹2.4 L/yr

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DBG Technology Junior Engineer Salary 1 - 6 years exp. (55 salaries)	₹1.6 L/yr - ₹3.5 L/yr 32% more
Calsonic Kansei Motherson Auto Products Junior Engineer Salary 2 - 6 years exp. (44 salaries)	₹1.9 L/yr - ₹3.5 L/yr 33% more
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JTEKT Junior Engineer Salary 2 - 7 years exp. (21 salaries)	₹2.4 L/yr - ₹4 L/yr 53% more
India Japan Lighting Junior Engineer Salary 2 - 6 years exp. (18 salaries)	₹2 L/yr - ₹3 L/yr 19% more
Koyo Bearings India Junior Engineer Salary 3 - 9 years exp. (16 salaries)	₹3.5 L/yr - ₹5.4 L/yr 90% more

Junior Engineer salary at Magnum Mi Steel ranges between ₹2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Junior Engineer salaries in Bawal

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Magnum Mi Steel

Senior Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.21 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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Salary Discussions, Hike & Promotions

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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Magnum Mi Steel Junior Engineer Salary FAQs

How the salary growth look like for a Junior Engineer at Magnum Mi Steel in Bawal?

The salary growth for a Junior Engineer at Magnum Mi Steel in Bawal depends on factors such as experience, performance, and promotions. On average, a Junior Engineer in Bawal can expect the following growth trajectory at Magnum Mi Steel:

Experience	Average Salary Range
4 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
5 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Magnum Mi Steel Junior Engineer Salaries in Bawal

Magnum Mi Steel Junior Engineer salary in Bawal ranges between ₹2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.