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Magtorq

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4.0

based on 22 Reviews

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Magtorq Salaries in India

based on 144 latest salaries
Explore Salaries by Departments
Research & Development Production, Manufacturing & Engineering Quality Assurance Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Design Engineer

0 - 5 years exp. (35 salaries)
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₹1.2 L/yr - ₹3.5 L/yr

Mechanical Engg. Design

1 - 5 years exp. (8 salaries)
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₹2.1 L/yr - ₹3.1 L/yr

QA Engineer

7 - 11 years exp. (4 salaries)
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₹2.2 L/yr - ₹2.5 L/yr

Project Engineer

3 - 13 years exp. (4 salaries)
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₹1.5 L/yr - ₹4 L/yr

Starting your career? Discover Magtorq fresher salaries in India

Lead Finance Accounts

12 - 15 years exp. (4 salaries)
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₹4 L/yr - ₹4.5 L/yr

Quality Engineer

1 - 16 years exp. (4 salaries)
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₹0.6 L/yr - ₹3.5 L/yr

Store Incharge

0 - 23 years exp. (3 salaries)
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₹3.9 L/yr - ₹4.4 L/yr

IT Head

23 - 26 years exp. (3 salaries)
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₹9.6 L/yr - ₹13.2 L/yr

Assistant Manager Design

13 - 17 years exp. (3 salaries)
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₹5.5 L/yr - ₹7.2 L/yr

Regional Sales Manager

18 - 20 years exp. (3 salaries)
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₹14.5 L/yr - ₹16.5 L/yr

Trainee Design Engineer

1 - 3 years exp. (3 salaries)
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₹1.6 L/yr - ₹2.7 L/yr

Quaity Control Engineer

13 - 20 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.9 L/yr

Applications Engineer

2 - 5 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Executive Accountant

15 - 16 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Purchase Assistant

13 - 14 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Project Incharge

5 - 10 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Assistant Manager Information Technology

6 - 10 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.1 L/yr

Assistant Design Engineer

18 - 23 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

Maintenance Engineer

6 - 7 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Purchase Executive

1 - 2 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Last Updated: 27 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Magtorq

3.0

Rated by 22 employees for salary & benefits

Design Engineer in Hosur

Full Time

 · 

Research & Development Department

4.0
  •  posted on 08 Apr 2022
4.0
 for  Salary and Benefits

Likes

MES is a office like a institute. Here I learnt many essential qualities of an engineer. This is a place which guides you the right direction.

read more
  • Salary - Good
    • +3 more

Dislikes

Can't be satisfied with salary. May not be a perfect place for long term goals.

read more

Junior Design Engineer in Hosur

Research & Development Department

4.0
  •  posted on 01 Sep 2017
2.0
 for  Salary and Benefits

Likes

I'm very proud to say we are working under l&t defense projects .then we are following all standards while creating new drawings .we are share all knowledge to others .easily communicate with l&t people and clarify our doubts .

read more
  • Skill development - Good
    • +1 more

Dislikes

First of all salary too low comparing others companies.then no bonus & little bit incremental.no other facilities inside the company.some times we got same projects and get boring to work .

read more
  • Salary - Poor
see more salary related reviews
More about working at Magtorq

Magtorq Salary FAQs

How much does Magtorq pay per year?
The average Magtorq salary ranges from approximately ₹2.2 Lakhs to ₹2.5 Lakhs per year for a QA Engineer and ₹2.1 Lakhs to ₹3.1 Lakhs per year for a Mechanical Engg. Design. Salary estimates are based on 144 Magtorq salaries received from various employees of Magtorq. Magtorq employees rate the overall salary and benefits package 3.0/5 stars.
What is the highest salary in Magtorq?
The highest-paying job at Magtorq is a Mechanical Engg. Design with a salary of ₹2.1 Lakhs to ₹3.1 Lakhs per year. The top 10% of employees earn more than ₹7.54 lakhs per year. The top 1% earn more than a whopping ₹17.61 lakhs per year.
What is the minimum salary in Magtorq?
Minimum salary at Magtorq depends on the role you are applying for. For QA Engineer the minimum salary is ₹2.2 Lakhs to ₹2.5 Lakhs per year, and for Engineer the minimum salary is ₹2.2 Lakhs to ₹3 Lakhs per year and so on.
What is the notice period at Magtorq?
According to AmbitionBox, 54% of the Magtorq employees reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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Magtorq Salaries by Location

Magtorq Salaries by Department

Average annual salary in Magtorq is INRunlock blur . Salary estimates are based on 144 Magtorq latest salaries received from various employees of Magtorq.

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