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Magnus Power ITI Welder salaries in India

Annual salary range
3 - 6 years exp.
₹2 Lakhs - ₹2.1 Lakhs
Salary of majority employees
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11% less than the average ITI Welder Salary in Power Companies for 3 - 6 years of experience

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Salaries in different departments

Research & Development
ITI Welder Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.3 L/yr

Production, Manufacturing & Engineering
ITI Welder Salary
3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Magnus Power for ITI Welder

Company name Avg Annual Salary Open Jobs
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Corrtech Energy ITI Welder Salary

12 - 16 years exp. (4 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 47% more
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Tata Motors ITI Welder Salary

0 - 5 years exp. (44 salaries)

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₹0.8 L/yr - ₹3 L/yr

arrow icon 24% less
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Maruti Suzuki ITI Welder Salary

1 - 6 years exp. (41 salaries)

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₹1.5 L/yr - ₹4.1 L/yr

arrow icon 19% more
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Godrej & Boyce Manufacturing ITI Welder Salary

1 - 11 years exp. (31 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 19% more
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Thermax Limited ITI Welder Salary

3 - 11 years exp. (28 salaries)

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₹1.7 L/yr - ₹4 L/yr

arrow icon 38% more
ITI Welder salary at Magnus Power ranges between ₹2 Lakhs to ₹2.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Magnus Power.

Latest annual salaries shared by Magnus Power ITI Welder

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5 years exp.
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6 years exp.
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3 years exp.

Experience wise Magnus Power ITI Welder salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.1 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.1 L/yr

Similar Designation salaries in Magnus Power

ITI Fitter Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Assistant Engineer Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹3.5 L/yr - ₹4.8 L/yr

Salary related reviews for Magnus Power

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

*Company Culture and Management* One of the most positive aspects of working at Magnus is the company culture. It's a relaxed and friendly environment where employees are encouraged to be themselves. The management team is supportive and understanding, which creates a low-pressure work atmosphere.

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  • Job security - Excellent
  • +3 more

Dislikes

...le the company culture is excellent, there are areas where Magnus could improve. The salary and benefits package could be more competitive, especially compared to industry standards. Additionally, opportunities for career advancement and skill development seem limited. *Overall* Magnus is a suitable workplace for individuals, particularly those in their mid-30s and above, who prioritize a positive work-life balance. The company's relaxed work environment, supportive management, and low-pressure atmosphere make it an attractive option for those seeking a less stressful work experience. However, for those seeking significant career growth, competitive compensation, and regular skill development opportunities, it may be worth considering other options.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Other Department

5.0
  •  posted on 26 Aug 2024

5.0
 for  Salary and Benefits

Likes

1. No pressure, we can easily handle our personal life 2. Good facilities, such as bonuses and flexible working hours. 3. Clean and well-furnished environment. 4. Top-level management support 5. Culture and Nature.

read more
  • Salary - Excellent
  • +6 more

Dislikes

1.Karnataka and Kannadigas are less than other states. 2. Saturday is a working day.

see more salary related reviews

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Magnus Power ITI Welder Salary FAQs

What is the salary of ITI Welder at Magnus Power?
ITI Welder salary at Magnus Power in India ranges between ₹2.0 Lakhs to ₹2.1 Lakhs for experience between 3 years to 6 years. According to our estimates it is 11% less than the average ITI Welder Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magnus Power India.
How does the salary of a ITI Welder at Magnus Power India compare with the average salary range for this job?
The average salary of a ITI Welder at Magnus Power is 11% less than the average salary of a ITI Welder in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magnus Power to a ITI Welder in India?
  • Corrtech Energy ITI Welder Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
  • Thermax Limited ITI Welder Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year
  • Maruti Suzuki ITI Welder Salary - ₹1.5 Lakhs to ₹4.1 Lakhs per year
  • Godrej & Boyce Manufacturing ITI Welder Salary - ₹1.2 Lakhs to ₹4.5 Lakhs per year
What is the salary of a ITI Welder in companies similar to Magnus Power in India?
  • Tata Motors ITI Welder Salary - ₹0.8 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a ITI Welder at Magnus Power in India?
The estimated take-home salary of a ITI Welder at Magnus Power ranges between ₹14,289 per month to ₹15,795 per month in India. The take-home salary calculation is based on the average Magnus Power ITI Welder salary in India which ranges between ₹2.0 Lakhs to ₹2.1 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Magnus Power ITI Welder salary in India ranges between ₹2 Lakhs to ₹2.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magnus Power latest salaries received from various employees of Magnus Power.