Permanent Magnets Design & Development Engineer Salaries by 4 Employees

1 - 6 years exp.

₹3.2 Lakhs - ₹4.1 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Design & Development Engineer Salary in Metals & Mining Companies for 1 - 6 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Design & Development Engineer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Research & Development Design & Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr

Last Updated: 30 Dec 2024

Companies similar to Permanent Magnets for Design & Development Engineer

Company name	Avg Annual Salary	Open Jobs
Havells Design & Development Engineer Salary 3 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 42% more
Thermax Limited Design & Development Engineer Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹6.5 L/yr 24% more
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Siemens Design & Development Engineer Salary 2 - 12 years exp. (9 salaries)	₹10 L/yr - ₹20.5 L/yr 349% more	2 job openings
Siemens Healthineers Design & Development Engineer Salary 2 - 7 years exp. (102 salaries)	₹8 L/yr - ₹20.3 L/yr 383% more
Siemens Healthcare Design & Development Engineer Salary 2 - 6 years exp. (42 salaries)	₹7.5 L/yr - ₹21.6 L/yr 347% more	2 job openings

Design & Development Engineer salary at Permanent Magnets ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Design & Development Engineer salaries

Last Updated: 30 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.8 L/yr

View all

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Process Development Engineer Salary

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Senior Design Engineer Salary

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Design and Product Development Engineer Salary

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Senior Draughtsman Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

new Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

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Mechanical Design and Development Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Salary related reviews for Permanent Magnets

3.1

Rated by 3 employees for salary & benefits

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.

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

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.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Permanent Magnets Design & Development Engineer Salary FAQs

What is the salary of Design & Development Engineer at Permanent Magnets?

Design & Development Engineer salary at Permanent Magnets in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 37% less than the average Design & Development Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Permanent Magnets India.

How does the salary of a Design & Development Engineer at Permanent Magnets India compare with the average salary range for this job?

The average salary of a Design & Development Engineer at Permanent Magnets is 37% less than the average salary of a Design & Development Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Permanent Magnets to a Design & Development Engineer in India?

Siemens Healthineers Design & Development Engineer Salary - ₹8.0 Lakhs to ₹20.3 Lakhs per year
Siemens Design & Development Engineer Salary - ₹10.0 Lakhs to ₹20.5 Lakhs per year
Siemens Healthcare Design & Development Engineer Salary - ₹7.5 Lakhs to ₹21.6 Lakhs per year
Havells Design & Development Engineer Salary - ₹3.6 Lakhs to ₹7.5 Lakhs per year
Thermax Limited Design & Development Engineer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Design & Development Engineer at Permanent Magnets in India?

The estimated take-home salary of a Design & Development Engineer at Permanent Magnets ranges between ₹25,431 per month to ₹26,863 per month in India. The take-home salary calculation is based on the average Permanent Magnets Design & Development Engineer salary in India which ranges between ₹3.2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Design & Development Engineer at Permanent Magnets?

According to AmbitionBox, 100% of the Permanent Magnets Design & Development Engineers reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Permanent Magnets Design & Development Engineer Salaries

Permanent Magnets Design & Development Engineer salary in India ranges between ₹3.2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Permanent Magnets latest salaries received from various employees of Permanent Magnets.