Magnum Ventures Kanpur Design Engineer Salaries by 4 Employees (Updated 2024)

4 - 7 years exp.

₹3.6 Lakhs - ₹4.6 Lakhs

Salary of majority employees

19% more than the average Design Engineer Salary in Pulp & Paper Companies for 4 - 7 years of experience

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Last Updated: 20 May 2023

Companies similar to Magnum Ventures for Design Engineer in Kanpur

Magnum Ventures Design Engineer Salary

4 - 7 years exp. (4 salaries)

₹3.6 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Sigma Slotting Corporation Design Engineer Salary 0 - 5 years exp. (12 salaries)	₹1.8 L/yr - ₹3.6 L/yr 42% less
Lohia Group Design Engineer Salary 1 - 10 years exp. (10 salaries)	₹3 L/yr - ₹8.2 L/yr 14% more
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Trident Auto Components Design Engineer Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 51% less
Vishal Industries Design Engineer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹2.4 L/yr 56% less
Rotomac Industries Design Engineer Salary 2 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 33% less

Design Engineer salary at Magnum Ventures ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Magnum Ventures.

Experience wise Magnum Ventures Design Engineer salaries in Kanpur

Last Updated: 20 May 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Magnum Ventures

Assistant Manager- Purchase in Ghaziabad

Full Time

Procurement & Supply Chain Department

1.0

• posted on 27 Jun 2024

1.0

for Salary and Benefits

Likes

Nothing is there to like. Worst company culture of my whole career.

Dislikes

Salary on month End. No appreciation No Promotion No Learning except Chaplosi No Leave, even on Voting, Public Holiday, No Bonus, No Diwali Gift, No way to Talking, Worst HR

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magnum Ventures Design Engineer Salary FAQs

What is the salary of Design Engineer at Magnum Ventures Kanpur?

Design Engineer salary at Magnum Ventures in Kanpur ranges between ₹3.6 Lakhs to ₹4.6 Lakhs for experience between 4 years to 7 years. According to our estimates it is 19% more than the average Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnum Ventures Kanpur.

How does the salary of a Design Engineer at Magnum Ventures Kanpur compare with the average salary range for this job?

The average salary of a Design Engineer at Magnum Ventures is 19% more than the average salary of a Design Engineer in Kanpur. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Ventures to a Design Engineer in Kanpur?

Lohia Group Design Engineer Salary - ₹3.0 Lakhs to ₹8.2 Lakhs per year

What is the salary of a Design Engineer in companies similar to Magnum Ventures in Kanpur?

Rotomac Industries Design Engineer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
Sigma Slotting Corporation Design Engineer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Trident Auto Components Design Engineer Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
Vishal Industries Design Engineer Salary - ₹1.2 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Design Engineer at Magnum Ventures in Kanpur?

The estimated take-home salary of a Design Engineer at Magnum Ventures ranges between ₹32,343 per month to ₹33,622 per month in Kanpur. The take-home salary calculation is based on the average Magnum Ventures Design Engineer salary in India which ranges between ₹3.6 Lakhs to ₹4.6 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Magnum Ventures in Kanpur?

According to AmbitionBox, 100% of the Magnum Ventures Design Engineers in Kanpur reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Magnum Ventures Design Engineer Salaries in Kanpur

Magnum Ventures Design Engineer salary in Kanpur ranges between ₹3.6 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magnum Ventures latest salaries received from various employees of Magnum Ventures.