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Magna Steyr
4.2
based on 108 Reviews
Video summary
Company Overview
Company Locations
Working at Magna Steyr
Company Summary
Overall Rating
4.2/5
based on 108 reviews
8% above
industry average
Highly rated for
Job security, Company culture, Work-life balance
Work Policy
Hybrid
57% 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 108 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
60
4
34
3
7
2
1
1
6
Category Ratings
4.3
Job security
4.2
Company culture
4.2
Work-life balance
3.9
Salary
3.9
Work satisfaction
3.7
Promotions
3.6
Skill development
Magna Steyr is rated 4.2 out of 5 stars on AmbitionBox, based on 108 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 103 reviews
4.5
Rated by 9 Women
Rated 4.6 for Work-life balance and 4.6 for Company culture
4.1
Rated by 94 Men
Rated 4.3 for Job security and 4.2 for Work-life balance
Work Policy at Magna Steyr
based on 19 reviews in last 6 months
Hybrid
57%
Work from office
43%
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 108 reviews | 4.3/5 based on 3.7k reviews | 4.1/5 based on 1.4k reviews | 4.3/5 based on 3k reviews |
Highly Rated for | Job security Work-life balance Company culture | Job security Skill development Salary | Skill development Work-life balance Work satisfaction | Company culture Work-life balance Skill development |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 57% employees reported | Work from office 79% employees reported | Work from office 72% employees reported | Hybrid 66% employees reported |
Rating by Women Employees | 4.5 Good rated by 9 women | 3.9 Good rated by 252 women | 3.9 Good rated by 134 women | 4.1 Good rated by 356 women |
Rating by Men Employees | 4.1 Good rated by 94 men | 4.3 Good rated by 3.1k men | 4.2 Good rated by 1.1k men | 4.4 Good rated by 2.4k men |
Job security | 4.3 Good | 4.2 Good | 3.8 Good | 4.0 Good |
View more
Magna Steyr Salaries
Magna Steyr salaries have received with an average score of 3.9 out of 5 by 108 employees.
Design Engineer
(204 salaries)
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₹4.5 L/yr - ₹16 L/yr
Senior Design Engineer
(110 salaries)
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₹7.2 L/yr - ₹18.5 L/yr
Senior Engineer
(34 salaries)
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₹12 L/yr - ₹27 L/yr
Lead Engineer
(33 salaries)
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₹12.7 L/yr - ₹22 L/yr
Associate Engineer
(27 salaries)
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₹3.8 L/yr - ₹6.9 L/yr
Graduate Engineer Trainee (Get)
(13 salaries)
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₹3.2 L/yr - ₹3.8 L/yr
Senior Leader Engineer
(13 salaries)
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₹13 L/yr - ₹37 L/yr
Team Lead
(9 salaries)
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₹13.2 L/yr - ₹18 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. 87% 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. 87% employees rated Magna Steyr 4 or above, while 13% 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, company culture and work life balance, based on 100+ employee reviews on AmbitionBox.
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