Permanent Magnets Production Engineer Fabrication Salaries by 2 Employees (Updated 2025)

5 - 6 years exp.

₹4.1 Lakhs - ₹5.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 9 Feb 2025

Companies similar to Permanent Magnets for Production Engineer Fabrication

Company name	Avg Annual Salary	Open Jobs
Kusters Calico Machinery Production Engineer Fabrication Salary 3 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹4.7 L/yr 9% less

Production Engineer Fabrication salary at Permanent Magnets ranges between ₹4.1 Lakhs to ₹5.3 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Permanent Magnets.

Similar Designation salaries in Permanent Magnets

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₹5.2 L/yr - ₹6.5 L/yr

Process Development Engineer Salary

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₹4 L/yr - ₹4.8 L/yr

Mechanical Maintenance Engineer Salary

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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.

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

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.

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Permanent Magnets Production Engineer Fabrication Salary FAQs

How the salary growth look like for a Production Engineer Fabrication at Permanent Magnets in India?

The salary growth for a Production Engineer Fabrication at Permanent Magnets depends on factors such as experience, performance, and promotions. On average, a Production Engineer Fabrication can expect the following growth trajectory at Permanent Magnets:

Experience	Average Salary Range
5 years	₹4.1 Lakhs to ₹5.3 Lakhs per year
6 years	₹4.1 Lakhs to ₹5.3 Lakhs per year

and so on.

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Permanent Magnets Production Engineer Fabrication Salaries

Permanent Magnets Production Engineer Fabrication salary in India ranges between ₹4.1 Lakhs to ₹5.3 Lakhs. This is an estimate based on latest salaries received from employees of Permanent Magnets.