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Magna International

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4.0

based on 588 Reviews

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Magna International Salaries in Chennai

based on 668 latest salaries
Explore Salaries by Departments
Production, Manufacturing & Engineering Procurement & Supply Chain Quality Assurance Research & Development + 6 more
Designation Avg Annual Salary Open Jobs

Senior Engineer

4 - 12 years exp. · Chennai (24 salaries)
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₹5.3 L/yr - ₹13 L/yr

1 job opening

Team Lead

3 - 13 years exp. · Chennai (15 salaries)
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₹2.2 L/yr - ₹6.2 L/yr

Junior Engineer

2 - 6 years exp. · Chennai (13 salaries)
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₹2 L/yr - ₹4.1 L/yr

Tool Room Engineer

7 - 12 years exp. · Chennai (9 salaries)
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₹4.2 L/yr - ₹6 L/yr

Starting your career? Discover Magna International fresher salaries in India

Assistant Engineer

3 - 5 years exp. · Chennai (8 salaries)
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₹2 L/yr - ₹3.5 L/yr

Quality Inspector

1 - 3 years exp. · Chennai (8 salaries)
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₹1.5 L/yr - ₹2.2 L/yr

Maintenance Engineer

0 - 3 years exp. · Chennai (8 salaries)
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₹1.5 L/yr - ₹4.7 L/yr

Tool Engineer

7 - 12 years exp. · Chennai (8 salaries)
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₹4.1 L/yr - ₹6.7 L/yr

Diploma Trainee Engineer

1 - 3 years exp. · Chennai (7 salaries)
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₹1.7 L/yr - ₹2.5 L/yr

Senior Quality Engineer

4 - 12 years exp. · Chennai (7 salaries)
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₹4.8 L/yr - ₹8.6 L/yr

Purchase Engineer

4 - 8 years exp. · Chennai (7 salaries)
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₹4.1 L/yr - ₹5.5 L/yr

Senior Production Engineer

6 - 8 years exp. · Chennai (7 salaries)
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₹5 L/yr - ₹7 L/yr

Quality Engineer

0 - 7 years exp. · Chennai (7 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Store Incharge

10 - 19 years exp. · Chennai (6 salaries)
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₹4.9 L/yr - ₹8.7 L/yr

Senior Engineer Manufacturing

3 - 10 years exp. · Chennai (6 salaries)
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₹4.1 L/yr - ₹7.7 L/yr

Production Engineer

4 - 6 years exp. · Chennai (5 salaries)
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₹3.1 L/yr - ₹5.5 L/yr

Senior Engineer Purchase

6 - 11 years exp. · Chennai (5 salaries)
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₹5.2 L/yr - ₹6.9 L/yr

Design Engineer

2 - 4 years exp. · Chennai (5 salaries)
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₹3.6 L/yr - ₹10.8 L/yr

2 job openings

Manufacturing Engineer

1 - 7 years exp. · Chennai (5 salaries)
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₹3.6 L/yr - ₹8.3 L/yr

IT Engineer

4 - 10 years exp. · Chennai (5 salaries)
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₹3.8 L/yr - ₹5.4 L/yr

Last Updated: 19 Dec, 2024

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2w
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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Salary related reviews for Magna International

3.8

Rated by 83 employees for salary & benefits

Quality Inspector ,Robotics Operator And Quality Inspector . Ability in Chennai

Engineering - Software & QA Department

4.0
  •  posted on 11 Nov 2021
2.0
 for  Salary and Benefits

Likes

Overall its a good company for those who are permanent employees can make good salary, free food, free traveling, the work is more polite year ending they give bonus, etc

read more

Dislikes

They pressure ing the employees without looking their healthcare . Some of the team leader make their own fake rule and pretending on the eyes of employs they are right

read more

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.

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

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.

read 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.

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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.

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see more salary related reviews

Magna International interview questions by designations

Production Engineer (2)Engineer (2)System Engineer (2)Quality Inspector (2)
View all 35 interview experiences

Know more about Magna International Chennai

More about working at Magna International

Magna International Salary FAQs

How much does Magna International pay per year?
The average Magna International salary ranges from approximately ₹1.2 Lakh to ₹1.6 Lakh per year for a Company Trainee and ₹33 Lakhs to ₹43.6 Lakhs per year for a Software Architect. Salary estimates are based on 668 Magna International salaries received from various employees of Magna International. Magna International employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in Magna International?
The highest-paying job at Magna International is a Software Architect with a salary of ₹33 Lakhs to ₹43.6 Lakhs per year. The top 10% of employees earn more than ₹21.06 lakhs per year. The top 1% earn more than a whopping ₹43.38 lakhs per year.
What is the minimum salary in Magna International?
Minimum salary at Magna International depends on the role you are applying for. For Junior Engineer the minimum salary is ₹2 Lakhs to ₹4.1 Lakhs per year, and for Production Engineer the minimum salary is ₹1.5 Lakh to ₹6 Lakhs per year and so on.
What is the salary package for freshers in Magna International?
The average salary at Magna International for freshers varies from ₹1.8 Lakh to ₹2.5 Lakhs per year for Trainee and ₹3 Lakhs to ₹4 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Magna International in Chennai?
According to AmbitionBox, 44% of the Magna International employees in Chennai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 409 responses on AmbitionBox in last 2 years.

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Magna International Chennai Salaries by Department

Average annual salary in Magna International , Chennai is INRunlock blur . Salary estimates are based on 668 Magna International latest salaries received from various employees of Magna International.

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