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Magtorq Mechanical Engg. Design salaries in Hosur

Annual salary range
1 - 5 years exp.
₹2.2 Lakhs - ₹3.1 Lakhs
Salary of majority employees
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41% less than the average Mechanical Engg. Design Salary for 1 - 5 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Magtorq for Mechanical Engg. Design in Hosur

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Magtorq Mechanical Engg. Design Salary

1 - 5 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹8 L/yr

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WEG Mechanical Engg. Design Salary

2 - 4 years exp. (7 salaries)

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₹4 L/yr - ₹6.6 L/yr

arrow icon 117% more
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TVS Motor Mechanical Engg. Design Salary

1 - 5 years exp. (6 salaries)

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₹2.1 L/yr - ₹4.2 L/yr

arrow icon 24% more
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Titan Company Mechanical Engg. Design Salary

0 - 6 years exp. (5 salaries)

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₹1.7 L/yr - ₹8 L/yr

arrow icon 43% more
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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 23% more
Mechanical Engg. Design salary at Magtorq ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Magtorq.

Latest annual salaries shared by Magtorq Mechanical Engg. Design in Hosur

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Experience wise Magtorq Mechanical Engg. Design salaries in Hosur

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr

Similar Designation salaries in Magtorq

Design Engineer Salary
(26 salaries)
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₹1.2 L/yr - ₹3.45 L/yr
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₹5.5 L/yr - ₹7.2 L/yr

Salary related reviews for Magtorq

2.0

Rated by 1 employees for salary & benefits

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

Dislikes

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

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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

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
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Magtorq Mechanical Engg. Design Salary FAQs

What is the salary of Mechanical Engg. Design at Magtorq Hosur?
Mechanical Engg. Design salary at Magtorq in Hosur ranges between ₹2.2 Lakhs to ₹3.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 41% less than the average Mechanical Engg. Design Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magtorq Hosur.
How does the salary of a Mechanical Engg. Design at Magtorq Hosur compare with the average salary range for this job?
The average salary of a Mechanical Engg. Design at Magtorq is 41% less than the average salary of a Mechanical Engg. Design in Hosur. To know exact salary insights, login to view.
Which similar companies are paying more than Magtorq to a Mechanical Engg. Design in Hosur?
  • WEG Mechanical Engg. Design Salary - ₹4.0 Lakhs to ₹6.6 Lakhs per year
  • Titan Engineering & Automation Mechanical Engg. Design Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
  • Titan Company Mechanical Engg. Design Salary - ₹1.7 Lakhs to ₹8.0 Lakhs per year
  • TVS Motor Mechanical Engg. Design Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
  • Dynaspede Integrated Systems Mechanical Engg. Design Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Mechanical Engg. Design at Magtorq in Hosur?
The estimated take-home salary of a Mechanical Engg. Design at Magtorq ranges between ₹18,514 per month to ₹20,199 per month in Hosur. The take-home salary calculation is based on the average Magtorq Mechanical Engg. Design salary in India which ranges between ₹2.2 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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Magtorq Mechanical Engg. Design salary in Hosur ranges between ₹2.2 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Magtorq latest salaries received from various employees of Magtorq.