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3.2

based on 39 Reviews

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Magotteaux Industries Product Engineer salaries in India

Annual salary range
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₹4.7 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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42% less than the average Product Engineer Salary for 4 years of experience

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Last Updated: 2 Mar 2024

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Product Engineer salary at Magotteaux Industries ranges between ₹4.7 Lakhs to ₹5 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Magotteaux Industries.

Latest annual salaries shared by Magotteaux Industries Product Engineer

9mo ago
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4 years exp.
1y ago
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4 years exp.
1y ago
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4 years exp.

Experience wise Magotteaux Industries Product Engineer salaries

Last Updated: 2 Mar 2024

Experience Avg Annual Salary
4 years  (3 salaries)

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₹4.7 L/yr - ₹5 L/yr

Similar Designation salaries in Magotteaux Industries

IT Manager Salary
(4 salaries)
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₹8.5 L/yr - ₹10.7 L/yr
Assistant Manager Information Technology Salary
(3 salaries)
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₹8 L/yr - ₹12 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 .

read more

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 .

read more

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...

read more

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.

read more

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.

read more

Dislikes

everything is dislikeable in Magotteaux India.

see more salary related reviews

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a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Magotteaux Industries Product Engineer salary in India ranges between ₹4.7 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Magotteaux Industries latest salaries received from various employees of Magotteaux Industries.