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Magnus Power Senior Engineer Mechanical salaries in India

Annual salary range
5 - 17 years exp.
₹5 Lakhs - ₹11 Lakhs
Salary of majority employees
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7% less than the average Senior Engineer Mechanical Salary in Power Companies for 5 - 17 years of experience

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Salaries in different departments

Construction & Site Engineering
Senior Engineer Mechanical Salary
15 - 17 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹11 L/yr

Production, Manufacturing & Engineering
Senior Engineer Mechanical Salary
6 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Project & Program Management
Senior Engineer Mechanical Salary
5 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 11 Dec 2024

Companies similar to Magnus Power for Senior Engineer Mechanical

Company name Avg Annual Salary Open Jobs
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Senvion Senior Engineer Mechanical Salary

7 - 12 years exp. (4 salaries)

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₹5 L/yr - ₹11.5 L/yr

arrow icon 11% more
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₹4 L/yr - ₹11.6 L/yr

At par
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₹4 L/yr - ₹12 L/yr

arrow icon 10% less
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₹4.8 L/yr - ₹11 L/yr

arrow icon 7% less
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₹5.5 L/yr - ₹11 L/yr

arrow icon 13% more
Senior Engineer Mechanical salary at Magnus Power ranges between ₹5 Lakhs to ₹11 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 6 latest salaries received from various employees of Magnus Power.

Latest annual salaries shared by Magnus Power Senior Engineer Mechanical

1mo ago
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17 years exp.
1y ago
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15 years exp.
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5 years exp.
1y ago
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14 years exp.
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6 years exp.

Experience wise Magnus Power Senior Engineer Mechanical salaries

Last Updated: 11 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹7.9 L/yr
View all

Similar Designation salaries in Magnus Power

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₹4.9 L/yr - ₹5.7 L/yr
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₹3.5 L/yr - ₹4.8 L/yr
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₹3.5 L/yr - ₹5.1 L/yr
ITI Welder Salary
(4 salaries)
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₹2 L/yr - ₹2.1 L/yr
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₹4 L/yr - ₹5.3 L/yr
Welder Salary
(4 salaries)
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₹2.5 L/yr - ₹3 L/yr
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₹6.4 L/yr - ₹7.85 L/yr
Senior Welder Salary
(3 salaries)
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₹2 L/yr - ₹3 L/yr
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₹5.5 L/yr - ₹5.8 L/yr
ITI Fitter Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 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.

read more
  • 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 Senior Engineer Mechanical Salary FAQs

What is the salary of Senior Engineer Mechanical at Magnus Power ?
The average salary of a Senior Engineer Mechanical at Magnus Power in India typically ranges from ₹5.0 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Senior Engineer Mechanical at Magnus Power earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Senior Engineer Mechanical Salaries at Magnus Power can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Magnus Power employees in India.
What is the estimated take home salary of a Senior Engineer Mechanical at Magnus Power in India?
The estimated take-home salary of a Senior Engineer Mechanical at Magnus Power in India typically ranges from ₹57,712 to ₹59,164 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 5 years to 17 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Magnus Power. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Magnus Power for Senior Engineer Mechanical in India?
UltraTech Cement ₹5.5 Lakhs to ₹11.0 Lakhs per year
Senvion ₹5.0 Lakhs to ₹11.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magnus Power, depending on the role and experience level.
What is the salary of a Senior Engineer Mechanical in companies similar to Magnus Power in India?
The salary of a Senior Engineer Mechanical at companies similar to Magnus Power in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Larsen & Toubro Limited ₹4.0 Lakhs to ₹11.6 Lakhs per year
L&T Construction ₹4.8 Lakhs to ₹11.0 Lakhs per year
Megha Engineering & Infrastructures ₹4.0 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Engineer Mechanical at Magnus Power in India?
The salary growth for a Senior Engineer Mechanical at Magnus Power depends on factors such as experience, performance, and promotions. On average, a Senior Engineer Mechanical can expect the following growth trajectory at Magnus Power:

Experience Average Salary Range
5 years ₹5.0 Lakhs to ₹5.0 Lakhs per year
6 years ₹2.2 Lakhs to ₹5.5 Lakhs per year
7 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years ₹5.8 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

Magnus Power Senior Engineer Mechanical salary in India ranges between ₹5 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Magnus Power latest salaries received from various employees of Magnus Power.