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Magna International Associate Engineer salaries in Pune

Annual salary range
1 - 4 years exp.
₹4.8 Lakhs - ₹9 Lakhs
Salary of majority employees
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16% more than the average Associate Engineer Salary in Auto Components Companies for 1 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA
Associate Engineer Salary
1 - 4 years exp. (8 salaries)
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₹5.2 L/yr - ₹9 L/yr

Research & Development
Associate Engineer Salary
1 - 2 years exp. (4 salaries)
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₹4.8 L/yr - ₹7.3 L/yr

Production, Manufacturing & Engineering
Associate Engineer Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹6.5 L/yr

UX, Design & Architecture
Associate Engineer Salary
2 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.4 L/yr

Last Updated: 16 Jan 2025

Companies similar to Magna International for Associate Engineer in Pune

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Magna International Associate Engineer Salary

1 - 4 years exp. (15 salaries)

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₹4.8 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata Motors Associate Engineer Salary

1 - 8 years exp. (62 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 50% less
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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 54% less
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Bajaj Auto Associate Engineer Salary

2 - 7 years exp. (3 salaries)

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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 40% less
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Tenneco Associate Engineer Salary

3 - 6 years exp. (34 salaries)

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₹2.2 L/yr - ₹6.3 L/yr

arrow icon 32% less
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Knorr-Bremse Associate Engineer Salary

0 - 4 years exp. (11 salaries)

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₹4.5 L/yr - ₹7 L/yr

arrow icon 3% more
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Dana India Associate Engineer Salary

2 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹5.8 L/yr

arrow icon 36% less
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Yazaki Associate Engineer Salary

0 - 2 years exp. (5 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 66% less
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 33% less
Associate Engineer salary at Magna International ranges between ₹4.8 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 15 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Associate Engineer in Pune

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Experience wise Magna International Associate Engineer salaries in Pune

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹4.8 L/yr - ₹6.3 L/yr
2 years  (6 salaries)

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₹5.2 L/yr - ₹7.3 L/yr
3 years  (4 salaries)

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₹6.3 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹11.9 L/yr

Similar Designation salaries in Magna International

Lead Engineer Salary
(90 salaries)
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₹7.8 L/yr - ₹20.34 L/yr
Senior Engineer Salary
(63 salaries)
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₹4.2 L/yr - ₹13.76 L/yr
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₹6.5 L/yr - ₹24 L/yr
Technical Lead Salary
(36 salaries)
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₹16.5 L/yr - ₹46.37 L/yr
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₹5 L/yr - ₹15 L/yr
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₹5.5 L/yr - ₹15 L/yr
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₹7 L/yr - ₹17.4 L/yr

Salary related reviews for Magna International

Engineering - Software & QA Department

4.0
  •  posted on 14 Mar 2022

3.0
 for  Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

read more

Dislikes

Company is not so keen on employee's skill development.

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

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

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.

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

Full Time

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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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

Full Time

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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.

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
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Magna International Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Magna International Pune?
Associate Engineer salary at Magna International in Pune ranges between ₹4.8 Lakhs to ₹9.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 16% more than the average Associate Engineer Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Magna International Pune.
How does the salary of a Associate Engineer at Magna International Pune compare with the average salary range for this job?
The average salary of a Associate Engineer at Magna International is 16% more than the average salary of a Associate Engineer in Pune. To know exact salary insights, login to view.
Which similar companies are paying more than Magna International to a Associate Engineer in Pune?
  • Knorr-Bremse Associate Engineer Salary - ₹4.5 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Associate Engineer in companies similar to Magna International in Pune?
  • Tenneco Associate Engineer Salary - ₹2.2 Lakhs to ₹6.3 Lakhs per year
  • Bosch Chassis Systems Associate Engineer Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
  • Dana India Associate Engineer Salary - ₹2.2 Lakhs to ₹5.8 Lakhs per year
  • Bajaj Auto Associate Engineer Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
  • Tata Motors Associate Engineer Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Associate Engineer at Magna International in Pune?
The estimated take-home salary of a Associate Engineer at Magna International ranges between ₹48,084 per month to ₹49,222 per month in Pune. The take-home salary calculation is based on the average Magna International Associate Engineer salary in India which ranges between ₹4.8 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?
What is the notice period for Associate Engineer at Magna International in Pune?
According to AmbitionBox, 67% of the Magna International Associate Engineers in Pune reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Associate Engineer salary in Pune ranges between ₹4.8 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Magna International latest salaries received from various employees of Magna International.