Magtorq Senior Engineer Salaries by Employees (Updated 2024)

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₹7.3 Lakhs - ₹9.3 Lakhs

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Last Updated: 4 Nov 2024

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Senior Engineer salary at Magtorq ranges between ₹7.3 Lakhs to ₹9.3 Lakhs per year for employees with 13 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magtorq.

Similar Designation salaries in Magtorq

Quality Engineer Salary

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₹0.6 L/yr - ₹3.5 L/yr

Project Engineer Salary

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₹1.5 L/yr - ₹4 L/yr

Salary related reviews for Magtorq

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.

Dislikes

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

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 .

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 .

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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Magtorq Senior Engineer Salary FAQs

What is the notice period for Senior Engineer at Magtorq?

According to AmbitionBox, 100% of the Magtorq Senior Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magtorq Senior Engineer Salaries

Magtorq Senior Engineer salary in India ranges between ₹7.3 Lakhs to ₹9.3 Lakhs. This is an estimate based on latest salaries received from employees of Magtorq.