Magnum Mi Steel Gurgaon / Gurugram Manager Salaries by 5 Employees (Updated 2025)

9 - 19 years exp.

₹8 Lakhs - ₹10 Lakhs

Salary of majority employees

49% less than the average Manager Salary in Iron & Steel Companies for 9 - 19 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Manager Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10 L/yr
Research & Development Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
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Project & Program Management Manager Salary 16 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 19 Apr 2024

Companies similar to Magnum Mi Steel for Manager in Gurgaon / Gurugram

Magnum Mi Steel Manager Salary

9 - 19 years exp. (5 salaries)

₹8 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Jindal Steel and Power Manager Salary 10 - 19 years exp. (16 salaries)	₹13.2 L/yr - ₹21 L/yr 90% more
Jindal Group Of Companies Manager Salary 6 - 12 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr 50% more
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Jsl Lifestyle Manager Salary 9 - 16 years exp. (4 salaries)	₹12.7 L/yr - ₹13.2 L/yr 43% more
AVON TUBETECH Manager Salary 9 - 15 years exp. (3 salaries)	₹6.8 L/yr - ₹11 L/yr 1% more
Ernst & Young Manager Salary 4 - 18 years exp. (1.5k salaries)	₹12.5 L/yr - ₹50.1 L/yr 231% more	121 job openings

Manager salary at Magnum Mi Steel ranges between ₹8 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Manager salaries in Gurgaon / Gurugram

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹16.5 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
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11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
15+ years (3 salaries)	₹8 L/yr - ₹10 L/yr

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Similar Designation salaries in Magnum Mi Steel

Deputy Manager Salary

(4 salaries)

₹8.1 L/yr - ₹10.8 L/yr

Salary related reviews for Magnum Mi Steel

4.4

Rated by 2 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

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Magnum Mi Steel Manager Salary FAQs

What is the salary of Manager at Magnum Mi Steel Gurgaon / Gurugram?

Manager salary at Magnum Mi Steel in Gurgaon / Gurugram ranges between ₹8.0 Lakhs to ₹10.0 Lakhs for experience between 9 years to 19 years. According to our estimates it is 49% less than the average Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magnum Mi Steel Gurgaon / Gurugram.

How does the salary of a Manager at Magnum Mi Steel Gurgaon / Gurugram compare with the average salary range for this job?

The average salary of a Manager at Magnum Mi Steel is 49% less than the average salary of a Manager in Gurgaon / Gurugram. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Mi Steel to a Manager in Gurgaon / Gurugram?

Ernst & Young Manager Salary - ₹12.5 Lakhs to ₹50.1 Lakhs per year
Jindal Steel and Power Manager Salary - ₹13.2 Lakhs to ₹21.0 Lakhs per year
Jindal Group Of Companies Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
Jsl Lifestyle Manager Salary - ₹12.7 Lakhs to ₹13.2 Lakhs per year
AVON TUBETECH Manager Salary - ₹6.8 Lakhs to ₹11.0 Lakhs per year

What is the estimated take home salary of a Manager at Magnum Mi Steel in Gurgaon / Gurugram?

The estimated take-home salary of a Manager at Magnum Mi Steel ranges between ₹66,387 per month to ₹68,084 per month in Gurgaon / Gurugram. The take-home salary calculation is based on the average Magnum Mi Steel Manager salary in India which ranges between ₹8.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 9 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager at Magnum Mi Steel in Gurgaon / Gurugram?

According to AmbitionBox, 50% of the Magnum Mi Steel Managers in Gurgaon / Gurugram reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnum Mi Steel Manager Salaries in Gurgaon / Gurugram

Magnum Mi Steel Manager salary in Gurgaon / Gurugram ranges between ₹8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.