Permanent Magnets Mumbai Assistant Manager Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹4.2 Lakhs - ₹6.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% less than the average Assistant Manager Salary in Metals & Mining Companies for 5 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Assistant Manager Salary 5 - 8 years exp. (3 salaries)	₹4.2 L/yr - ₹6 L/yr
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Research & Development Assistant Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹6.9 L/yr

Last Updated: 4 Jan 2025

Companies similar to Permanent Magnets for Assistant Manager in Mumbai

Permanent Magnets Assistant Manager Salary

5 - 8 years exp. (5 salaries)

₹4.2 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Hindalco Industries Assistant Manager Salary 0 - 15 years exp. (76 salaries)	₹5 L/yr - ₹15 L/yr 103% more
Adani Enterprises Assistant Manager Salary 1 - 15 years exp. (17 salaries)	₹6.3 L/yr - ₹13 L/yr 85% more
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Vedanta Resources Assistant Manager Salary 0 - 5 years exp. (7 salaries)	₹7 L/yr - ₹16 L/yr 103% more
Chandan Steel Assistant Manager Salary 10 - 14 years exp. (6 salaries)	₹5.2 L/yr - ₹6 L/yr 1% more
Coal India Assistant Manager Salary 5 - 8 years exp. (3 salaries)	₹15 L/yr - ₹22 L/yr 208% more

Assistant Manager salary at Permanent Magnets ranges between ₹4.2 Lakhs to ₹6.9 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Assistant Manager salaries in Mumbai

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
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7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr

Similar Designation salaries in Permanent Magnets

Development Engineer Salary

(24 salaries)

₹2.05 L/yr - ₹8 L/yr

Marketing Assistant Salary

(5 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Automation Manager Salary

(4 salaries)

₹6.1 L/yr - ₹10.3 L/yr

Senior Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹5.8 L/yr

Salary related reviews for Permanent Magnets

Business Development Engineer in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 06 Jan 2025

2.0

for Salary and Benefits

Likes

staff is supportive, paid leaves.. if boss is good. Work culture also good. Stressless work Timing.

Job security - Excellent

+1 more

Dislikes

Leave compensation 300rs for everyone, HR policy very bad, less basic in salary structure as break Indian Pvt company policy also. Salary as per market like bagger. Bad mgmt policy which take advantage of human sychology of worker. Promotion only 8to10%

Salary - Poor

+1 more

R&D Engineer in Thane

Full Time

Research & Development Department

4.0

• posted on 06 Jan 2025

3.0

for Salary and Benefits

Likes

Best company for learning new skills and work ethics. Salary and promotions might not be very good but company culture is very good. Yoh will get to learn a lot as this company does almost all of its projects in house. If you are at the early stage of your career then just go for it.

Skill development - Excellent

+4 more

Dislikes

Salary and promotions might not be very good.

Senior Engineer Marketing in Mira Bhayandar

Full Time

Marketing & Communication Department

4.0

• posted on 21 Apr 2023

3.0

for Salary and Benefits

Likes

1. On time salary 2. Good team and senior support 3. Mediclaim facilities 4. Transportation services 5. Good learning opportunities(interpersonal skill development) 6. Getting lot of new opportunities.

Skill development - Excellent

+3 more

Dislikes

1. Salary 2. Appraisals

HR Manager in Miraroad

HR Department

5.0

• posted on 22 Dec 2021

5.0

for Salary and Benefits

Likes

...here. For performers, the job is always secured at Permanent Magnets Limited. No employee lost his job in this pandemic or had a pay cut. Traveling reimbursement was completely taken care of during the pandemic.

Salary - Excellent

+6 more

Dislikes

Nil

Telephone Operator And Receptionist in Mira Bhayandar

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 12 Oct 2023

4.0

for Salary and Benefits

Likes

I have been working at this company since past 10 years and its fantastic journey so far.The positive working culture,supportive staff,and excellent environment.its a great place to work. We get lots of benefits of being part of this company is like PF ,Medical insurance ,travelling facilities. In addition we enjoyed yearly picnic ,get together-party and many more small event . The company prioritizes the well being and happiness of its employees.

Salary - Good

+5 more

Dislikes

There is no such a perfect company as well as employee itself to fulfill each others countless choices ,but we have to select some most important criteria when selecting of the company that we choose for work.

see more salary related reviews

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Permanent Magnets Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Permanent Magnets in Mumbai?

The average salary of a Assistant Manager at Permanent Magnets in Mumbai typically ranges from ₹4.2 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Assistant Manager in Mumbai at Permanent Magnets earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Assistant Manager Salaries at Permanent Magnets can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Permanent Magnets employees in India.

What is the estimated take home salary of a Assistant Manager at Permanent Magnets in Mumbai?

The estimated take-home salary of a Assistant Manager at Permanent Magnets in Mumbai typically ranges from ₹41,868 to ₹43,005 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 5 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Permanent Magnets. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Permanent Magnets for Assistant Manager in India?

Coal India	₹15.0 Lakhs to ₹22.0 Lakhs per year
Hindalco Industries	₹5.0 Lakhs to ₹15.0 Lakhs per year
Vedanta Resources	₹7.0 Lakhs to ₹16.0 Lakhs per year
Adani Enterprises	₹6.3 Lakhs to ₹13.0 Lakhs per year
Chandan Steel	₹5.2 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Permanent Magnets, depending on the role and experience level.

How the salary growth look like for a Assistant Manager at Permanent Magnets in Mumbai?

The salary growth for a Assistant Manager at Permanent Magnets in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Permanent Magnets:

Experience	Average Salary Range
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.7 Lakhs per year

and so on.

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Permanent Magnets Assistant Manager Salaries in Mumbai

Permanent Magnets Assistant Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Permanent Magnets latest salaries received from various employees of Permanent Magnets.