Magotteaux Industries IT Manager Salaries by 4 Employees (Updated 2024)

8 - 18 years exp.

₹8.5 Lakhs - ₹10.7 Lakhs

Low Confidence

Salary of majority employees

29% less than the average IT Manager Salary for 8 - 18 years of experience

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Last Updated: 6 Aug 2023

Companies similar to Magotteaux Industries for IT Manager

Company name	Avg Annual Salary	Open Jobs
ABB IT Manager Salary 13 - 20 years exp. (3 salaries)	₹11 L/yr - ₹40 L/yr 155% more
Siemens IT Manager Salary 4 - 19 years exp. (7 salaries)	₹16.3 L/yr - ₹39 L/yr 170% more	2 job openings
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Bank Muscat IT Manager Salary 7 - 17 years exp. (5 salaries)	₹6 L/yr - ₹17.5 L/yr 25% more
Karvy Financial Services IT Manager Salary 13 - 15 years exp. (3 salaries)	₹12 L/yr - ₹13.5 L/yr 27% more
Rheinmetall Automotive IT Manager Salary 18 years exp. (3 salaries)	₹14.1 L/yr - ₹17 L/yr 60% more
Kiswok Industries IT Manager Salary 11 - 13 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 36% less

IT Manager salary at Magotteaux Industries ranges between ₹8.5 Lakhs to ₹10.7 Lakhs per year for employees with experience between 8 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Magotteaux Industries.

Experience wise Magotteaux Industries IT Manager salaries

Last Updated: 6 Aug 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹10.7 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.7 L/yr
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10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
12 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
15+ years (AmbitionBox Estimate)	₹8.5 L/yr - ₹9.5 L/yr

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Similar Designation salaries in Magotteaux Industries

Deputy Manager Salary

(3 salaries)

₹9 L/yr - ₹10.8 L/yr

IT Executive Salary

(4 salaries)

₹2.9 L/yr - ₹3 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹43.2 L/yr - ₹55.2 L/yr

Salary related reviews for Magotteaux Industries

Graduate Engineer Trainee (Get) in Rajkot

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 04 Dec 2023

1.0

for Salary and Benefits

Likes

Distance is not too much from city.

Dislikes

Partiality is on peak and highly corruption happen inside the industry and it made the profitability down to the whole industry and also We can not grow without being pleasing to managers and despite of your skill you will always recognise and valued based on your age only , because I am the lead designer still did not satisfied by the treatment that company gave me from last 4 years and its just because I am the 24 .

Cheif Financial Officer in Rajkot

Full Time

Finance & Accounting Department

5.0

• posted on 10 Oct 2023

3.0

for Salary and Benefits

Likes

Magotteaux Group is the best in its class - low opportunity Vertical Growth for HOD's - but at the same time Authorities are given to fullest to perform the Job roles .

Dislikes

Granting of leave is the biggest Issue .

Supervisor Production Melting Ormolding in Rajkot

Production, Manufacturing & Engineering Department

3.0

• posted on 27 May 2022

2.0

for Salary and Benefits

Likes

No doubt magotteaux is a brand but their company culture is not so good.dominating nature if you are a outsider not from Gujarat then you can't survive more than 1 year....if anybody want to know more then join Magotteaux...

Dislikes

Dominating & blaming nature,you have no right to say the right thing.

Assistant Manager HR & Administration in Rajkot

Human Resources Department

1.0

• posted on 14 Dec 2018

3.0

for Salary and Benefits

Likes

I worked here for almost 4 years. But from 2017 new management was horrific. They were not able to take decision & also always try to pass their mistake unto other. There is no such thing as succession planning or career development. Not even a good training programs for employees to develop their competencies. Even they always try to suck blood of employees time to time. There is no job security forget about work-life balance. Even they don't know right pay for right people. And nowadays they recruiting employees who are non competent. Best luck for you.

Dislikes

Everything except pay.

Executive Accountant in New Delhi

Finance & Accounting Department

2.0

• posted on 12 May 2022

3.0

for Salary and Benefits

Likes

I am only talking about Magotteaux India where I have worked three years. They changed the top management in Delhi office and Working in Delhi office is terrible now. Top manager doesn't know how to behave, He always shouts at everyone. Please do not join the company.

Dislikes

everything is dislikeable in Magotteaux India.

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Salary Discussions, Hike & Promotions

a product owner

Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Magotteaux Industries IT Manager Salary FAQs

What is the salary of IT Manager at Magotteaux Industries?

IT Manager salary at Magotteaux Industries in India ranges between ₹8.5 Lakhs to ₹10.7 Lakhs for experience between 8 years to 18 years. According to our estimates it is 29% less than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magotteaux Industries India.

How does the salary of a IT Manager at Magotteaux Industries India compare with the average salary range for this job?

The average salary of a IT Manager at Magotteaux Industries is 29% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magotteaux Industries to a IT Manager in India?

Siemens IT Manager Salary - ₹16.3 Lakhs to ₹39.0 Lakhs per year
ABB IT Manager Salary - ₹11.0 Lakhs to ₹40.0 Lakhs per year
Rheinmetall Automotive IT Manager Salary - ₹14.1 Lakhs to ₹17.0 Lakhs per year
Karvy Financial Services IT Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
Bank Muscat IT Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year

What is the salary of a IT Manager in companies similar to Magotteaux Industries in India?

Kiswok Industries IT Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a IT Manager at Magotteaux Industries in India?

The estimated take-home salary of a IT Manager at Magotteaux Industries ranges between ₹70,892 per month to ₹72,717 per month in India. The take-home salary calculation is based on the average Magotteaux Industries IT Manager salary in India which ranges between ₹8.5 Lakhs to ₹10.7 Lakhs per year for employees with experience between 8 years to 18 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Magotteaux Industries?

According to AmbitionBox, 50% of the Magotteaux Industries IT Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Magotteaux Industries IT Manager Salaries

Magotteaux Industries IT Manager salary in India ranges between ₹8.5 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magotteaux Industries latest salaries received from various employees of Magotteaux Industries.