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Permanent Magnets

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4.2

based on 43 Reviews

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Permanent Magnets Development Engineer salaries in Research & Development in India

Annual salary range
2 - 7 years exp.
₹2.1 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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32% less than the average Development Engineer Salary in Metals & Mining Companies for 2 - 7 years of experience

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Last Updated: 26 Jul 2023

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Development Engineer salary at Permanent Magnets ranges between ₹2.1 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Permanent Magnets.

Latest annual salaries shared by Permanent Magnets Development Engineer in Research & Development department

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Experience wise Permanent Magnets Development Engineer salaries in Research & Development department

Last Updated: 26 Jul 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.4 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹7 L/yr
4 years  (3 salaries)

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₹2 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.5 L/yr
View all

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Salary related reviews for Permanent Magnets

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.

read 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.

read 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.

read 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.

read more

Consultant in Mira Bhayandar

Full Time

 · 

Nil Department

5.0
  •  posted on 24 Nov 2022
5.0
 for  Salary and Benefits

Likes

Rightness Personnel Solutions Pvt. Ltd. is having a very good experience with Permanent Magnets Ltd. This organisation values its clients, vendors, employees & delivers the best output in timely and compliant way. It is a pleasure dealing with PML & their Personnel are exceptional, especially their HR Manager Mrs. Shweta Kelkar. Wishing your company all the very best for future endeavours!

read more

Dislikes

Nil

Quality Assurance Engineer in Mumbai

Quality / Hiperm Division Department

5.0
  •  posted on 04 Nov 2019
4.0
 for  Salary and Benefits

Likes

-The Company is Public limited and the exposure to process is good. -Here you get enormous opportunity for self learning. -Processes are niche and rare to find in other companies. -Good people and seniors are a complete package of knowledge which you can absorb. -On Time appraisals -Many International standards to learn and follow

read more

Dislikes

-Company do not provide training ( Not atleast in the plant I was posted) -Initial Perks are less but it increases gradually. -Employee politics -Work environment and infrastructure

read more
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2w
a technical project manager
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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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Permanent Magnets Development Engineer Salary FAQs

What is the salary of Development Engineer at Permanent Magnets in Research & Development department?
Development Engineer salary at Permanent Magnets in Research & Development department in India ranges between ₹2.1 Lakhs to ₹5.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 32% less than the average Development Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Permanent Magnets India in Research & Development department.
How does the salary of a Development Engineer at Permanent Magnets India in Research & Development department compare with the average salary range for this job?
The average salary of a Development Engineer at Permanent Magnets in Research & Development department is 32% 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 Research & Development department in India?
  • Signify Development Engineer Salary - ₹9.2 Lakhs to ₹33.0 Lakhs per year
  • Mbit Wireless Development Engineer Salary - ₹3.7 Lakhs to ₹10.8 Lakhs per year
  • Atotech Development Engineer Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Development Engineer in Research & Development department in companies similar to Permanent Magnets in India?
  • Lucas-TVS Development Engineer Salary - ₹2.2 Lakhs to ₹6.6 Lakhs per year
  • Imperial Auto Industries Development Engineer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
What is the estimated take home salary of a Development Engineer in Research & Development department at Permanent Magnets in India?
The estimated take-home salary of a Development Engineer in Research & Development department at Permanent Magnets ranges between ₹33,227 per month to ₹34,493 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 ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Development Engineer in Research & Development department at Permanent Magnets?
According to AmbitionBox, 75% of the Permanent Magnets Development Engineers in Research & Development department reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Permanent Magnets Development Engineer salary in Research & Development department in India ranges between ₹2.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Permanent Magnets latest salaries received from various employees of Permanent Magnets.