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Permanent Magnets

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4.2

based on 44 Reviews

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Mumbai
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Permanent Magnets Salaries in Mumbai (Updated 2025)

based on 216 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Research & Development Quality Assurance Project & Program Management + 6 more
Designation Avg Annual Salary Open Jobs

Mechanical Maintenance Engineer

10 - 11 years exp. · Mumbai (3 salaries)
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₹3.4 L/yr - ₹3.8 L/yr

Senior Design Engineer

5 years exp. · Mumbai (3 salaries)
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₹5.4 L/yr - ₹5.4 L/yr

Process Development Engineer

1 - 5 years exp. · Mumbai (3 salaries)
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₹4 L/yr - ₹4.2 L/yr

QA Assistant

1 - 3 years exp. · Mumbai (3 salaries)
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₹1 L/yr - ₹2.1 L/yr

Production Engineer Fabrication

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr

Supplier Quality Engineer

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Desktop Support Engineer

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

R&D Engineer

2 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Quaity Control Engineer

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Junior Programmer

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Export Executive

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

System Engineer

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Manager Electrical Maintenance

17 - 18 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.7 L/yr - ₹8.6 L/yr

Senior Draughtsman

14 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Software Developer

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr

Process Quality Control Engineer

1 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Business Development Manager

7 - 11 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.8 L/yr

Assistant Electrical Manager

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Heat Treatment Incharge

8 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Development Supervisor

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

Last Updated: 6 Apr, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Salary related reviews for Permanent Magnets

2.9

Rated by 14 employees for salary & benefits

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%

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
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Know more about Permanent Magnets Mumbai

More about working at Permanent Magnets

Permanent Magnets Salary FAQs

How much does Permanent Magnets pay to its employees?
The average annual salary at Permanent Magnets varies depending on the role, experience, and location. The salary ranges for some popular designations at Permanent Magnets, are as follows:

Mechanical Maintenance Engineer ₹3.4 Lakhs to ₹3.8 Lakhs per year
Senior Design Engineer ₹5.4 Lakhs to ₹5.4 Lakhs per year
Process Development Engineer ₹4 Lakhs to ₹4.2 Lakhs per year
QA Assistant ₹1 Lakhs to ₹2.1 Lakhs per year

The highest-paying role, Senior Production Engineer, earns between ₹5.2 Lakhs to ₹6.5 Lakhs per year. The top 10% of employees earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹17.3 Lakhs per year. 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 salary estimates are based on data from 216 salaries submitted by Permanent Magnets employees. Permanent Magnets is rated 2.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in Permanent Magnets , Mumbai is INRunlock blur . Salary estimates are based on 200+ Permanent Magnets latest salaries received from various employees of Permanent Magnets.

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