Magna International Automobile Engineer Salaries by 5 Employees (Updated 2024)

0 - 2 years exp.

₹1.6 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Automobile Engineer Salary in Auto Components Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Automobile Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.5 L/yr
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Sales & Business Development Automobile Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 4 Aug 2024

Companies similar to Magna International for Automobile Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Automobile Engineer Salary 1 - 9 years exp. (5 salaries)	₹1.3 L/yr - ₹5 L/yr 91% more
Tata Motors Automobile Engineer Salary 1 - 7 years exp. (38 salaries)	₹1.2 L/yr - ₹6.5 L/yr 66% more
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Mahindra & Mahindra Automobile Engineer Salary 1 - 10 years exp. (28 salaries)	₹1 L/yr - ₹4.5 L/yr 72% more
Ashok Leyland Automobile Engineer Salary 0 - 6 years exp. (50 salaries)	₹1.5 L/yr - ₹5.1 L/yr 44% more
TVS Motor Automobile Engineer Salary 0 - 6 years exp. (17 salaries)	₹1.4 L/yr - ₹4 L/yr 36% more
Hero MotoCorp Automobile Engineer Salary 1 - 2 years exp. (3 salaries)	₹1 L/yr - ₹4.5 L/yr 80% more
Maruti Suzuki Automobile Engineer Salary 1 - 8 years exp. (46 salaries)	₹1 L/yr - ₹6 L/yr 77% more
Bajaj Auto Automobile Engineer Salary 0 - 8 years exp. (11 salaries)	₹1.5 L/yr - ₹8 L/yr 110% more
Eicher Motors Automobile Engineer Salary 0 - 6 years exp. (4 salaries)	₹0.8 L/yr - ₹3 L/yr 31% more
Force Motors Automobile Engineer Salary 1 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 32% more
Bosch Automobile Engineer Salary 1 - 4 years exp. (6 salaries)	₹1 L/yr - ₹4 L/yr 30% more
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JTEKT Automobile Engineer Salary 1 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 20% more
Michelin Automobile Engineer Salary 9 - 11 years exp. (3 salaries)	₹4.4 L/yr - ₹5.5 L/yr 192% more
Yazaki Automobile Engineer Salary 1 - 2 years exp. (3 salaries)	₹1.3 L/yr - ₹1.8 L/yr 6% less

Automobile Engineer salary at Magna International ranges between ₹1.6 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Experience wise Magna International Automobile Engineer salaries

Last Updated: 4 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr
1 year (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr
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2 years (3 salaries)	₹1.6 L/yr - ₹2.5 L/yr

Similar Designation salaries in Magna International

Service Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Junior Engineer Salary

(75 salaries)

₹2 L/yr - ₹4.1 L/yr

Senior Engineer Salary

(88 salaries)

₹4.2 L/yr - ₹14.1 L/yr

Assistant Engineer Salary

(17 salaries)

₹2 L/yr - ₹3.8 L/yr

Shift Engineer Salary

(4 salaries)

₹6.65 L/yr - ₹6.85 L/yr

Production Engineer Salary

(81 salaries)

₹1.5 L/yr - ₹6 L/yr

Project Engineer Salary

(3 salaries)

₹4 L/yr - ₹4.7 L/yr

Maintenance Engineer Salary

(32 salaries)

₹1 L/yr - ₹7.5 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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.

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.

Stamping Simulation Engineer (Process Engineer) in Pune

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.

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.

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.

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.

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

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

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna International Automobile Engineer Salary FAQs

What is the salary of Automobile Engineer at Magna International?

Automobile Engineer salary at Magna International in India ranges between ₹1.6 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 48% less than the average Automobile Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magna International India.

How does the salary of a Automobile Engineer at Magna International India compare with the average salary range for this job?

The average salary of a Automobile Engineer at Magna International is 48% less than the average salary of a Automobile Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Automobile Engineer in India?

Michelin Automobile Engineer Salary - ₹4.4 Lakhs to ₹5.5 Lakhs per year
Bajaj Auto Automobile Engineer Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
Bharat Forge Automobile Engineer Salary - ₹1.3 Lakhs to ₹5.0 Lakhs per year
Hero MotoCorp Automobile Engineer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
Maruti Suzuki Automobile Engineer Salary - ₹1.0 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Automobile Engineer in companies similar to Magna International in India?

Mahindra & Mahindra Automobile Engineer Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
Tata Motors Automobile Engineer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
Ashok Leyland Automobile Engineer Salary - ₹1.5 Lakhs to ₹5.1 Lakhs per year
TVS Motor Automobile Engineer Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Force Motors Automobile Engineer Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Automobile Engineer at Magna International in India?

The estimated take-home salary of a Automobile Engineer at Magna International ranges between ₹11,597 per month to ₹12,870 per month in India. The take-home salary calculation is based on the average Magna International Automobile Engineer salary in India which ranges between ₹1.6 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Automobile Engineer at Magna International?

According to AmbitionBox, 50% of the Magna International Automobile Engineers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Magna International Automobile Engineer Salaries

Magna International Automobile Engineer salary in India ranges between ₹1.6 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magna International latest salaries received from various employees of Magna International.

Magna International Automobile Engineer salaries in India

Companies similar to Magna International for Automobile Engineer

Latest annual salaries shared by Magna International Automobile Engineer

Experience wise Magna International Automobile Engineer salaries

Similar Designation salaries in Magna International

Salary related reviews for Magna International

Senior Engineer- Maintenance in Talegaon Dabhade

Stamping Simulation Engineer (Process Engineer) in Pune

Senior Test Lead in Pune

Design Engineer in Pune

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

Magna International Automobile Engineer Salary FAQs

Tell us how to improve this page.