Permanent Magnets R&D Engineer Salaries by 4 Employees (Updated 2024)

1 - 7 years exp.

₹3 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

47% less than the average R&D Engineer Salary in Metals & Mining Companies for 1 - 7 years of experience

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Last Updated: 18 May 2024

Companies similar to Permanent Magnets for R&D Engineer

Company name	Avg Annual Salary	Open Jobs
Havells R&D Engineer Salary 0 - 5 years exp. (35 salaries)	₹2.5 L/yr - ₹10.5 L/yr 48% more
Thermax Limited R&D Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹7.1 L/yr 12% less
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BHEL R&D Engineer Salary 1 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹1.7 L/yr 70% less
Siemens R&D Engineer Salary 0 - 8 years exp. (21 salaries)	₹5 L/yr - ₹19.6 L/yr 133% more
Crompton Greaves Consumer Electricals R&D Engineer Salary 2 - 8 years exp. (4 salaries)	₹3 L/yr - ₹7.5 L/yr 5% more
ABB R&D Engineer Salary 2 - 10 years exp. (331 salaries)	₹6.5 L/yr - ₹23 L/yr 203% more
Carborundum Universal Limited R&D Engineer Salary 1 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹5.3 L/yr 16% less

R&D Engineer salary at Permanent Magnets ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Permanent Magnets.

Experience wise Permanent Magnets R&D Engineer salaries

Last Updated: 18 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in Permanent Magnets

Senior Engineer Salary

(4 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Design Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Software Developer Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

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.

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.

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!

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

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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Salary Discussions, Hike & Promotions

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Permanent Magnets R&D Engineer Salary FAQs

What is the salary of R&D Engineer at Permanent Magnets?

R&D Engineer salary at Permanent Magnets in India ranges between ₹3.0 Lakhs to ₹8.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 47% less than the average R&D Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Permanent Magnets India.

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

The average salary of a R&D Engineer at Permanent Magnets is 47% less than the average salary of a R&D Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Permanent Magnets to a R&D Engineer in India?

ABB R&D Engineer Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Siemens R&D Engineer Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
Havells R&D Engineer Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year
Crompton Greaves Consumer Electricals R&D Engineer Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

What is the salary of a R&D Engineer in companies similar to Permanent Magnets in India?

Thermax Limited R&D Engineer Salary - ₹2.1 Lakhs to ₹7.1 Lakhs per year
Carborundum Universal Limited R&D Engineer Salary - ₹2.5 Lakhs to ₹5.3 Lakhs per year
BHEL R&D Engineer Salary - ₹1.4 Lakhs to ₹1.7 Lakhs per year

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

The estimated take-home salary of a R&D Engineer at Permanent Magnets ranges between ₹37,475 per month to ₹38,678 per month in India. The take-home salary calculation is based on the average Permanent Magnets R&D Engineer salary in India which ranges between ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for R&D Engineer at Permanent Magnets?

According to AmbitionBox, 100% of the Permanent Magnets R&D Engineers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Permanent Magnets R&D Engineer Salaries

Permanent Magnets R&D Engineer salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Permanent Magnets latest salaries received from various employees of Permanent Magnets.