Magnum Mi Steel Store Manager Salaries by 3 Employees (Updated 2025)

20 - 21 years exp.

₹4.8 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Store Manager Salary in Iron & Steel Companies for 20 - 21 years of experience

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Last Updated: 16 Jul 2023

Companies similar to Magnum Mi Steel for Store Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Store Manager Salary 7 - 23 years exp. (4 salaries)	₹6 L/yr - ₹6.8 L/yr 33% more
JSW Steel Store Manager Salary 2 - 24 years exp. (5 salaries)	₹12 L/yr - ₹15 L/yr 157% more
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ArcelorMittal Nippon Steel Store Manager Salary 0 - 17 years exp. (4 salaries)	₹6 L/yr - ₹23.5 L/yr 130% more
Jindal Steel and Power Store Manager Salary 21 - 29 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr 204% more
Bhushan Power & Steel Store Manager Salary 14 - 16 years exp. (3 salaries)	₹8.5 L/yr - ₹12.9 L/yr 120% more

Store Manager salary at Magnum Mi Steel ranges between ₹4.8 Lakhs to ₹5 Lakhs per year for employees with experience between 20 years to 21 years. Salary estimates are based on 3 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Store Manager salaries

Last Updated: 16 Jul 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹4.8 L/yr - ₹5 L/yr
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Similar Designation salaries in Magnum Mi Steel

Sales Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Store Incharge Salary

(3 salaries)

₹2.4 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(5 salaries)

₹8.05 L/yr - ₹10.8 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹14.6 L/yr - ₹18.6 L/yr

Assistant Store Manager Salary

(3 salaries)

₹5.5 L/yr - ₹6.5 L/yr

Supervisor Salary

(4 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Salary related reviews for Magnum Mi Steel

5.0

Rated by 1 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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Magnum Mi Steel Store Manager Salary FAQs

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

According to AmbitionBox, 67% of the Magnum Mi Steel Store Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Magnum Mi Steel Store Manager Salaries

Magnum Mi Steel Store Manager salary in India ranges between ₹4.8 Lakhs to ₹5 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.