Magnus Steels Development Engineer Salaries by Employees (Updated 2025)

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₹4.3 Lakhs - ₹5.5 Lakhs

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Last Updated: 8 Aug 2023

Companies similar to Magnus Steels for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Development Engineer Salary 0 - 2 years exp. (56 salaries)	₹7.3 L/yr - ₹19.7 L/yr 129% more
FIS Development Engineer Salary 1 - 2 years exp. (6 salaries)	₹4.6 L/yr - ₹7.5 L/yr 12% more	2 job openings
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Virtusa Consulting Services Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹8.5 L/yr - ₹16.5 L/yr 164% more
HSBC Group Development Engineer Salary 3 - 7 years exp. (4 salaries)	₹7 L/yr - ₹20 L/yr 130% more
Hexaware Technologies Development Engineer Salary 0 - 9 years exp. (3 salaries)	₹4 L/yr - ₹8 L/yr 35% more
ITC Infotech Development Engineer Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹9 L/yr 38% more
R G Technosolutions Development Engineer Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 52% less

Development Engineer salary at Magnus Steels ranges between ₹4.3 Lakhs to ₹5.5 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magnus Steels.

Similar Designation salaries in Magnus Steels

Design Engineer Salary

(4 salaries)

₹1.9 L/yr - ₹3 L/yr

Quality Engineer Salary

(4 salaries)

₹1.93 L/yr - ₹2.5 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

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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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Magnus Steels Development Engineer Salary FAQs

What is the notice period for Development Engineer at Magnus Steels?

According to AmbitionBox, 100% of the Magnus Steels Development Engineers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Magnus Steels Development Engineer Salaries

Magnus Steels Development Engineer salary in India ranges between ₹4.3 Lakhs to ₹5.5 Lakhs. This is an estimate based on latest salaries received from employees of Magnus Steels.