Magna International Chennai Assistant Manager- HR Salaries by 4 Employees

5 - 13 years exp.

₹3.8 Lakhs - ₹10.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Assistant Manager- HR Salary in Auto Components Companies for 5 - 13 years of experience

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Last Updated: 1 Nov 2023

Companies similar to Magna International for Assistant Manager- HR in Chennai

Magna International Assistant Manager- HR Salary

5 - 13 years exp. (4 salaries)

₹3.8 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Nexteer Automotive Assistant Manager- HR Salary 11 - 14 years exp. (3 salaries)	₹12.2 L/yr - ₹15.5 L/yr 86% more
Amara Raja Group Assistant Manager- HR Salary 9 - 11 years exp. (3 salaries)	₹9.1 L/yr - ₹10.2 L/yr 31% more
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Larsen & Toubro Limited Assistant Manager- HR Salary 3 - 12 years exp. (33 salaries)	₹6 L/yr - ₹16 L/yr 49% more
Equitas Small Finance Bank Assistant Manager- HR Salary 3 - 9 years exp. (27 salaries)	₹2.8 L/yr - ₹5.7 L/yr 45% less
TCS Assistant Manager- HR Salary 5 - 13 years exp. (27 salaries)	₹7 L/yr - ₹13 L/yr 42% more

Assistant Manager- HR salary at Magna International ranges between ₹3.8 Lakhs to ₹10.4 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Assistant Manager- HR salaries in Chennai

Last Updated: 1 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
13 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

View all

Salary related reviews for Magna International

Senior Engineer- Maintenance in Talegaon Dabhade

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.

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.

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Stamping Simulation Engineer (Process Engineer) in Pune

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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.

Salary - Poor

+2 more

Senior Test Lead in Pune

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.

Dislikes

Everything.no growth or oppurtunity.No increments.

Salary - Bad

+6 more

Design Engineer in Pune

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.

Salary - Poor

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

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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

Salary - Excellent

+6 more

Dislikes

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Magna International Assistant Manager- HR Salary FAQs

What is the salary of Assistant Manager- HR at Magna International in Chennai?

The average salary of a Assistant Manager- HR at Magna International in Chennai typically ranges from ₹3.8 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Assistant Manager- HR in Chennai at Magna International earn more than ₹10.4 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. Assistant Manager- HR Salaries at Magna International can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magna International employees in India.

What is the estimated take home salary of a Assistant Manager- HR at Magna International in Chennai?

The estimated take-home salary of a Assistant Manager- HR at Magna International in Chennai typically ranges from ₹54,077 to ₹55,426 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 5 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magna International for Assistant Manager- HR in India?

Nexteer Automotive	₹12.2 Lakhs to ₹15.5 Lakhs per year
Larsen & Toubro Limited	₹6.0 Lakhs to ₹16.0 Lakhs per year
TCS	₹7.0 Lakhs to ₹13.0 Lakhs per year
Amara Raja Group	₹9.1 Lakhs to ₹10.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.

What is the salary of a Assistant Manager- HR in companies similar to Magna International in Chennai?

The salary of a Assistant Manager- HR at companies similar to Magna International in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank

₹2.8 Lakhs to ₹5.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Manager- HR at Magna International in Chennai?

The salary growth for a Assistant Manager- HR at Magna International in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager- HR in Chennai can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
8 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Magna International Assistant Manager- HR Salaries in Chennai

Magna International Assistant Manager- HR salary in Chennai ranges between ₹3.8 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.