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Permanent Magnets

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4.2

based on 43 Reviews

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Permanent Magnets Senior Development Engineer salaries in Research & Development in India

Annual salary range
3 - 7 years exp.
₹4 Lakhs - ₹5.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% less than the average Senior Development Engineer Salary in Metals & Mining Companies for 3 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Permanent Magnets for Senior Development Engineer in Research & Development department

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Senior Development Engineer salary at Permanent Magnets ranges between ₹4 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Permanent Magnets.

Latest annual salaries shared by Permanent Magnets Senior Development Engineer in Research & Development department

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9 years exp.
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6 years exp.
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Experience wise Permanent Magnets Senior Development Engineer salaries in Research & Development department

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹10 L/yr

Similar Designation salaries in Permanent Magnets

Senior Engineer Salary
(4 salaries)
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₹4.2 L/yr - ₹6.5 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Software Developer Salary
(4 salaries)
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₹2.2 L/yr - ₹3 L/yr

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...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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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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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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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

-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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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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Permanent Magnets Senior Development Engineer Salary FAQs

What is the salary of Senior Development Engineer at Permanent Magnets in Research & Development department?
Senior Development Engineer salary at Permanent Magnets in Research & Development department in India ranges between ₹4.0 Lakhs to ₹5.6 Lakhs for experience between 3 years to 7 years. According to our estimates it is 56% less than the average Senior Development Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Permanent Magnets India in Research & Development department.
How does the salary of a Senior Development Engineer at Permanent Magnets India in Research & Development department compare with the average salary range for this job?
The average salary of a Senior Development Engineer at Permanent Magnets in Research & Development department is 56% less than the average salary of a Senior Development Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Permanent Magnets to a Senior Development Engineer in Research & Development department in India?
  • Faurecia Senior Development Engineer Salary - ₹6.5 Lakhs to ₹14.8 Lakhs per year
  • Mann And Hummel Filter Senior Development Engineer Salary - ₹8.0 Lakhs to ₹9.5 Lakhs per year
  • Lucas-TVS Senior Development Engineer Salary - ₹6.4 Lakhs to ₹9.4 Lakhs per year
What is the salary of a Senior Development Engineer in Research & Development department in companies similar to Permanent Magnets in India?
  • Imperial Auto Industries Senior Development Engineer Salary - ₹3.6 Lakhs to ₹5.8 Lakhs per year
  • Wadhokar Senior Development Engineer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Senior Development Engineer in Research & Development department at Permanent Magnets in India?
The estimated take-home salary of a Senior Development Engineer in Research & Development department at Permanent Magnets ranges between ₹38,912 per month to ₹40,094 per month in India. The take-home salary calculation is based on the average Permanent Magnets Senior Development Engineer salary in India which ranges between ₹4.0 Lakhs to ₹5.6 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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Permanent Magnets Senior Development Engineer salary in Research & Development department in India ranges between ₹4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Permanent Magnets latest salaries received from various employees of Permanent Magnets.