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Permanent Magnets

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4.2

based on 43 Reviews

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Designation
Experience
Mumbai
Research & Development

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Permanent Magnets Research & Development Department Salaries in Mumbai

based on 30 latest salaries
Designation Avg Annual Salary Open Jobs

Development Engineer

2 - 7 years exp. · Mumbai (9 salaries)
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₹2.1 L/yr - ₹5.5 L/yr

Senior Development Engineer

3 - 7 years exp. · Mumbai (5 salaries)
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₹4 L/yr - ₹5.6 L/yr

Production Engineer

2 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹6 L/yr

Development Supervisor

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

Design Engineer

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Senior Engineer Product Development

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

R&D Engineer

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

Senior Engineer

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

Product Development Engineer

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4 L/yr - ₹5.1 L/yr

Senior Design Engineer

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr

Metallurgist

6 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr

Assistant Manager

6 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.6 L/yr - ₹6.9 L/yr

Senior Draughtsman Mechanical

9 - 11 years exp. · Mumbai (3 salaries)
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₹3.8 L/yr - ₹4.9 L/yr

Autocad Draughtsman Mechanical

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 27 Oct, 2024

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2w
a technical project manager
Deadend
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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Salary related reviews for Permanent Magnets

2.2

Rated by 2 employees for salary & benefits

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.

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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.

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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!

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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

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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

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see more salary related reviews

Know more about Permanent Magnets Mumbai

More about working at Permanent Magnets

Permanent Magnets Salary FAQs

How much does Permanent Magnets pay per year?
The average Permanent Magnets salary ranges from approximately ₹2.2 Lakhs to ₹3 Lakhs per year for a Software Developer and ₹5.2 Lakhs to ₹6.5 Lakhs per year for a Senior Production Engineer. Salary estimates are based on 30 Permanent Magnets salaries received from various employees of Permanent Magnets. Permanent Magnets employees rate the overall salary and benefits package 2.2/5 stars.
What is the highest salary in Permanent Magnets?
The highest-paying job at Permanent Magnets is a Senior Production Engineer with a salary of ₹5.2 Lakhs to ₹6.5 Lakhs per year. The top 10% of employees earn more than ₹6.90 lakhs per year. The top 1% earn more than a whopping ₹14.79 lakhs per year.
What is the minimum salary in Permanent Magnets?
Minimum salary at Permanent Magnets depends on the role you are applying for. For Software Developer the minimum salary is ₹2.2 Lakhs to ₹3 Lakhs per year, and for Marketing Assistant the minimum salary is ₹1.9 Lakh to ₹3.6 Lakhs per year and so on.
What is the notice period at Permanent Magnets in Research & Development Department in Mumbai?
According to AmbitionBox, 85% of the Permanent Magnets employees in Research & Development Department in Mumbai reported a notice period of 1 Month, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Permanent Magnets , Mumbai is INRunlock blur . Salary estimates are based on 30 Permanent Magnets latest salaries received from various employees of Permanent Magnets.

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