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Magnus Power Research & Development Department Salaries in India

based on 19 latest salaries
Designation Avg Annual Salary Open Jobs
3 - 4 years exp. (3 salaries)
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₹2.5 L/yr - ₹3 L/yr

8 - 10 years exp. (3 salaries)
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₹6.5 L/yr - ₹11 L/yr

4 - 9 years exp. (3 salaries)
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₹5 L/yr - ₹5.7 L/yr

4 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

8 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

7 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

8 years exp. (AmbitionBox Estimate)
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₹5.1 L/yr - ₹6.6 L/yr

6 - 7 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

5 - 6 years exp. (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

6 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 30 Dec, 2024

Salary related reviews for Magnus Power

3.0

Rated by 1 employees for salary & benefits

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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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.

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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.

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Dislikes

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

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Magnus Power Salary FAQs

How much does Magnus Power pay per year?
The average Magnus Power salary ranges from approximately ₹2 Lakhs to ₹2.1 Lakhs per year for a ITI Welder and ₹5 Lakhs to ₹11 Lakhs per year for a Senior Engineer Mechanical. Salary estimates are based on 19 Magnus Power salaries received from various employees of Magnus Power. Magnus Power employees rate the overall salary and benefits package 3.0/5 stars.
What is the highest salary in Magnus Power?
The highest-paying job at Magnus Power is a Senior Engineer Mechanical with a salary of ₹5 Lakhs to ₹11 Lakhs per year. The top 10% of employees earn more than ₹12 lakhs per year. The top 1% earn more than a whopping ₹20.21 lakhs per year.
What is the minimum salary in Magnus Power?
Minimum salary at Magnus Power depends on the role you are applying for. For ITI Welder the minimum salary is ₹2 Lakhs to ₹2.1 Lakhs per year, and for Welder the minimum salary is ₹2.5 Lakhs to ₹3 Lakhs per year and so on.
What is the notice period at Magnus Power in Research & Development Department?
According to AmbitionBox, 50% of the Magnus Power employees in Research & Development Department reported a notice period of 2 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Magnus Power is INRunlock blur . Salary estimates are based on 19 Magnus Power latest salaries received from various employees of Magnus Power.

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