Permanent Magnets Development Engineer Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹2.1 Lakhs - ₹8 Lakhs

Salary of majority employees

45% less than the average Development Engineer Salary in Metals & Mining Companies for 2 - 9 years of experience

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Salaries in different departments

Research & Development Development Engineer Salary 2 - 7 years exp. (9 salaries)	₹2.1 L/yr - ₹5.5 L/yr
Production, Manufacturing & Engineering Development Engineer Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr
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Engineering - Software & QA Development Engineer Salary 3 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5 L/yr
Project & Program Management Development Engineer Salary 3 - 9 years exp. (3 salaries)	₹2.6 L/yr - ₹8 L/yr
Quality Assurance Development Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.1 L/yr

Last Updated: 12 Dec 2024

Companies similar to Permanent Magnets for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Calsoft Development Engineer Salary 0 - 4 years exp. (325 salaries)	₹3 L/yr - ₹11.2 L/yr 45% more
Signify Development Engineer Salary 2 - 13 years exp. (210 salaries)	₹9 L/yr - ₹35 L/yr 406% more
Login to view exact salary
Comcast Development Engineer Salary 1 - 10 years exp. (125 salaries)	₹6.5 L/yr - ₹27 L/yr 258% more	11 job openings
Pramati Technologies Development Engineer Salary 2 - 6 years exp. (111 salaries)	₹6.8 L/yr - ₹18 L/yr 136% more
Atotech Development Engineer Salary 0 - 6 years exp. (108 salaries)	₹4 L/yr - ₹10 L/yr 58% more

Development Engineer salary at Permanent Magnets ranges between ₹2.1 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 25 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets Development Engineer salaries

Last Updated: 12 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
3 years (5 salaries)	₹2 L/yr - ₹4 L/yr
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4 years (5 salaries)	₹2 L/yr - ₹7.6 L/yr
5 years (4 salaries)	₹3 L/yr - ₹4.8 L/yr
6 years (4 salaries)	₹4 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹5 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Permanent Magnets

Product Development Engineer Salary

(4 salaries)

₹3 L/yr - ₹4.4 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Quality Engineer Salary

(8 salaries)

₹2.75 L/yr - ₹5.08 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Production Engineer Salary

(23 salaries)

₹2.15 L/yr - ₹6 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

New Product Development Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Software Developer Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Production Supervisor Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 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.

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%

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.

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.

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.

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.

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

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Permanent Magnets Development Engineer Salary FAQs

What is the salary of Development Engineer at Permanent Magnets?

Development Engineer salary at Permanent Magnets in India ranges between ₹2.1 Lakhs to ₹8.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 45% less than the average Development Engineer Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Permanent Magnets India.

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

The average salary of a Development Engineer at Permanent Magnets is 45% less than the average salary of a Development Engineer in India. To know exact salary insights, login to view.

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

Signify Development Engineer Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
Comcast Development Engineer Salary - ₹6.5 Lakhs to ₹27.0 Lakhs per year
Pramati Technologies Development Engineer Salary - ₹6.8 Lakhs to ₹18.0 Lakhs per year
Atotech Development Engineer Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Calsoft Development Engineer Salary - ₹3.0 Lakhs to ₹11.2 Lakhs per year

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

The estimated take-home salary of a Development Engineer at Permanent Magnets ranges between ₹32,887 per month to ₹34,158 per month in India. The take-home salary calculation is based on the average Permanent Magnets Development Engineer salary in India which ranges between ₹2.1 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 87% of the Permanent Magnets Development Engineers reported a notice period of 1 Month, 13% reported a notice period of 15 days or less.This is based on 15 responses on AmbitionBox in last 2 years.

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Permanent Magnets Development Engineer Salaries

Permanent Magnets Development Engineer salary in India ranges between ₹2.1 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Permanent Magnets latest salaries received from various employees of Permanent Magnets.