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Magna International Assistant Engineer salaries in Chennai

Annual salary range
3 - 5 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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30% less than the average Assistant Engineer Salary in Auto Components Companies for 3 - 5 years of experience

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Salaries in different departments

Quality Assurance
Assistant Engineer Salary
3 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹3.5 L/yr

Production, Manufacturing & Engineering
Assistant Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.4 L/yr

Last Updated: 16 Mar 2023

Companies similar to Magna International for Assistant Engineer in Chennai

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Magna International Assistant Engineer Salary

3 - 5 years exp. (7 salaries)

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₹2 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Ashok Leyland Assistant Engineer Salary

2 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 46% more
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TVS Motor Assistant Engineer Salary

2 - 16 years exp. (5 salaries)

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₹2 L/yr - ₹5.4 L/yr

arrow icon 33% more
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Force Motors Assistant Engineer Salary

5 - 9 years exp. (11 salaries)

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₹3.5 L/yr - ₹5.6 L/yr

arrow icon 66% more
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Michelin Assistant Engineer Salary

6 - 16 years exp. (39 salaries)

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₹4.1 L/yr - ₹6.5 L/yr

arrow icon 109% more
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Amara Raja Group Assistant Engineer Salary

2 - 6 years exp. (24 salaries)

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₹2.5 L/yr - ₹4.1 L/yr

arrow icon 29% more
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Valeo Assistant Engineer Salary

6 - 13 years exp. (17 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 79% more
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Tenneco Assistant Engineer Salary

2 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.2 L/yr

arrow icon 19% less
Assistant Engineer salary at Magna International ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Assistant Engineer in Chennai

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4 years exp.

Experience wise Magna International Assistant Engineer salaries in Chennai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4 L/yr
4 years  (4 salaries)

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₹2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.5 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary
(22 salaries)
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₹5.25 L/yr - ₹12.18 L/yr
Junior Engineer Salary
(13 salaries)
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₹2 L/yr - ₹4.1 L/yr
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₹1.5 L/yr - ₹4.58 L/yr
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₹3.03 L/yr - ₹5.5 L/yr

Salary related reviews for Magna International

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 10 Sep 2022

1.0
 for  Salary and Benefits

Likes

Work- Personal life can be balanced. Fixed duty hours. Supportive superiors. On time salary. Transportation and canteen facilities are free.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Salary packages are not as per skills and experience. Very low salary packages as a mnc and also compair to other mnc. Salary structure is not good.

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 30 Jan 2024

2.0
 for  Salary and Benefits

Likes

Learning curve was very good at magna, there is lot of opportunities to learn and improve your skill.

  • Skill development - Good
  • +3 more

Dislikes

Salary is very less competitive, I used to get less than market value I guess. Work is culture is not so good, observed partially, favorism and retaliation from the manager. Hard work is not appreciated and recognized.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 21 Nov 2021

1.0
 for  Salary and Benefits

Likes

Change in management is bringing visteon friends only.No internal growth. New joiner will be made fool with high joining salary and then as the years go by there will be no increament given.This management is know for twisting and moulding the rules.

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Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
  • +6 more

Full Time

 · 

Research & Development Department

5.0
  •  posted on 18 Jun 2020

2.0
 for  Salary and Benefits

Likes

Till lockdown magna provided complete salary and support.

  • Skill development - Excellent
  • +3 more

Dislikes

Unfortunately I lost job in this corona crisis. They provided complete assistance to onrolll employees but not for all contract people. So all they lost there job.

read more
  • Salary - Poor

Full Time

 · 

Engineering - Software & QA Department

5.0
  •  posted on 06 Sep 2023

5.0
 for  Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

read more
  • Salary - Excellent
  • +6 more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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Magna International Assistant Engineer Salary FAQs

What is the salary of Assistant Engineer at Magna International Chennai?
Assistant Engineer salary at Magna International in Chennai ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 3 years to 5 years. According to our estimates it is 30% less than the average Assistant Engineer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magna International Chennai.
How does the salary of a Assistant Engineer at Magna International Chennai compare with the average salary range for this job?
The average salary of a Assistant Engineer at Magna International is 30% less than the average salary of a Assistant Engineer in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Magna International to a Assistant Engineer in Chennai?
  • Michelin Assistant Engineer Salary - ₹4.1 Lakhs to ₹6.5 Lakhs per year
  • Valeo Assistant Engineer Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Force Motors Assistant Engineer Salary - ₹3.5 Lakhs to ₹5.6 Lakhs per year
  • Ashok Leyland Assistant Engineer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • TVS Motor Assistant Engineer Salary - ₹2.0 Lakhs to ₹5.4 Lakhs per year
What is the salary of a Assistant Engineer in companies similar to Magna International in Chennai?
  • Amara Raja Group Assistant Engineer Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
  • Tenneco Assistant Engineer Salary - ₹2.2 Lakhs to ₹2.2 Lakhs per year
What is the estimated take home salary of a Assistant Engineer at Magna International in Chennai?
The estimated take-home salary of a Assistant Engineer at Magna International ranges between ₹19,158 per month to ₹20,834 per month in Chennai. The take-home salary calculation is based on the average Magna International Assistant Engineer salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Assistant Engineer at Magna International in Chennai?
According to AmbitionBox, 50% of the Magna International Assistant Engineers in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Assistant Engineer salary in Chennai ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Magna International latest salaries received from various employees of Magna International.