Permanent Magnets R&D Engineer Salaries by 4 Employees (Updated 2025)

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. (31 salaries)	₹2.5 L/yr - ₹10.5 L/yr 35% 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 3% more
ABB R&D Engineer Salary 2 - 9 years exp. (321 salaries)	₹6.5 L/yr - ₹23 L/yr 194% 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

3.0

Rated by 1 employees for salary & benefits

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.

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

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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.