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Magna Steyr
4.2
based on 105 Reviews
Video summary
Company Overview
Company Locations
Working at Magna Steyr
Company Summary
Overall Rating
4.2/5
based on 105 reviews
8% above
industry average
Highly rated for
Job security, Work-life balance, Company culture
Work Policy
Hybrid
64% employees reported
Monday to Friday
97% employees reported
Flexible timing
75% employees reported
No travel
68% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
9 employees reported
Health insurance
8 employees reported
Office cab/shuttle
7 employees reported
Cafeteria
4 employees reported
View all benefits
About Magna Steyr
Founded in1957 (68 yrs old)
India Employee Count51-200
Global Employee Count10k-50k
HeadquartersAurora, Ontario, Canada
Office Locations
--
Websitemagna.com
Primary Industry
Other Industries
--
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Magna Steyr AG & Co KG is an automobile manufacturer based in Graz, Austria, where its primary manufacturing plant is also located. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate. Magna Steyr engineers, develops and assembles automobiles for other companies on a contractual basis; therefore, Magna Steyr is not an automobile marque. In 2002, the company absorbed Daimler AG's Eurostar vehicle assembly facility. With an annual production capacity of approximately 200,000 vehicles as of 2018,[1] it is the largest contract manufacturer for automobiles worldwide.[2] The company has several manufacturing sites, with its main car production in Graz in Austria.
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Magna Steyr Ratings
based on 105 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
60
4
32
3
7
2
1
1
5
Category Ratings
4.3
Job security
4.2
Work-life balance
4.1
Company culture
3.9
Work satisfaction
3.8
Salary
3.7
Promotions
3.6
Skill development
Magna Steyr is rated 4.2 out of 5 stars on AmbitionBox, based on 105 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Magna Steyr
based on 100 reviews
4.5
Rated by 9 Women
Rated 4.6 for Work-life balance and 4.6 for Company culture
4.2
Rated by 91 Men
Rated 4.3 for Job security and 4.2 for Work-life balance
Work Policy at Magna Steyr
based on 17 reviews in last 6 months
Hybrid
64%
Work from office
36%
Magna Steyr Reviews
Top mentions in Magna Steyr Reviews
+ 5 more
Compare Magna Steyr with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.2/5 based on 105 reviews | 4.2/5 based on 12k reviews | 4.1/5 based on 9.9k reviews | 4.1/5 based on 4.5k reviews |
Highly Rated for | Job security Work-life balance Company culture | Job security Skill development Work-life balance | Job security Skill development Company culture | Skill development Work-life balance Job security |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 64% employees reported | Work from office 73% employees reported | Work from office 85% employees reported | Work from office 82% employees reported |
Rating by Women Employees | 4.5 Good rated by 9 women | 4.1 Good rated by 1.2k women | 4.0 Good rated by 777 women | 4.2 Good rated by 176 women |
Rating by Men Employees | 4.2 Good rated by 91 men | 4.2 Good rated by 9.6k men | 4.1 Good rated by 8.4k men | 4.1 Good rated by 4k men |
Job security | 4.3 Good | 4.1 Good | 4.1 Good | 3.8 Good |
View more
Magna Steyr Salaries
Magna Steyr salaries have received with an average score of 3.8 out of 5 by 105 employees.
Design Engineer
(209 salaries)
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₹4.2 L/yr - ₹14.6 L/yr
Senior Design Engineer
(109 salaries)
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₹7.2 L/yr - ₹18.5 L/yr
Senior Engineer
(36 salaries)
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₹8.5 L/yr - ₹27 L/yr
Lead Engineer
(31 salaries)
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₹12.7 L/yr - ₹22 L/yr
Associate Engineer
(26 salaries)
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₹3.8 L/yr - ₹7 L/yr
Team Lead
(13 salaries)
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₹13.2 L/yr - ₹19.3 L/yr
Graduate Engineer Trainee (Get)
(13 salaries)
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₹3.2 L/yr - ₹3.8 L/yr
Senior Leader Engineer
(12 salaries)
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₹13 L/yr - ₹37 L/yr
CAE Analyst
(9 salaries)
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₹5.5 L/yr - ₹13.3 L/yr
Associate Design Engineer
(7 salaries)
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₹3.7 L/yr - ₹4.8 L/yr
Magna Steyr Offices
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Magna Steyr FAQs
When was Magna Steyr founded?
Magna Steyr was founded in 1957. The company has been operating for 68 years primarily in the Automobile sector.
Where is the Magna Steyr headquarters located?
Magna Steyr is headquartered in Aurora, Ontario.
How many employees does Magna Steyr have in India?
Magna Steyr currently has more than 70+ employees in India. Research & Development department appears to have the highest employee count in Magna Steyr based on the number of reviews submitted on AmbitionBox.
Does Magna Steyr have good work-life balance?
Magna Steyr has a work-life balance rating of 4.2 out of 5 based on 100+ employee reviews on AmbitionBox. 88% employees rated Magna Steyr 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Magna Steyr work-life balance reviews for more details
Is Magna Steyr good for career growth?
Career growth at Magna Steyr is rated fairly well, with a promotions and appraisal rating of 3.7. 88% employees rated Magna Steyr 4 or above, while 12% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Magna Steyr promotions/appraisals reviews for more detailed insights.
What are the pros of working in Magna Steyr?
Working at Magna Steyr offers several advantages that make it an appealing place for employees. The company is highly rated for job security, work life balance and company culture, based on 100+ employee reviews on AmbitionBox.
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