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Magna International

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4.0

based on 646 Reviews

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Chennai
Research & Development

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Magna International Research & Development Department Salaries in Chennai

based on 39 latest salaries
Designation Avg Annual Salary Open Jobs

Senior Design Engineer

4 - 8 years exp. · Chennai (6 salaries)
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₹4.8 L/yr - ₹14 L/yr

Manufacturing Process Engineer

3 - 8 years exp. · Chennai (4 salaries)
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₹4 L/yr - ₹5 L/yr

Design Engineer

2 - 4 years exp. · Chennai (3 salaries)
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₹3.6 L/yr - ₹8.5 L/yr

Senior Engineer

4 - 14 years exp. · Chennai (3 salaries)
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₹6.5 L/yr - ₹9.3 L/yr

Starting your career? Discover Magna International fresher salaries in India

Graduate Engineer Trainee (Get)

0 - 1 year exp. · Chennai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Lead Engineer

9 - 10 years exp. · Chennai (AmbitionBox Estimate)
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₹13.4 L/yr - ₹15.7 L/yr

Engineering Manager

20 - 21 years exp. · Chennai (AmbitionBox Estimate)
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₹27 L/yr - ₹30.3 L/yr

Junior Engineer

2 - 3 years exp. · Chennai (AmbitionBox Estimate)
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₹3.5 L/yr - ₹4 L/yr

Junior Technical Analyst

2 years exp. · Chennai (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager - Manufacturing Engineering

10 years exp. · Chennai (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Team Lead

10 years exp. · Chennai (AmbitionBox Estimate)
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₹5 L/yr - ₹10 L/yr

Senior SQA Engineer

13 years exp. · Chennai (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

CAE Analyst

5 years exp. · Chennai (AmbitionBox Estimate)
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₹3 L/yr - ₹6.5 L/yr

Diploma Trainee Engineer

1 year exp. · Chennai (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.5 L/yr

Senior Product Engineer

6 years exp. · Chennai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

CAD Engg

4 years exp. · Chennai (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr

Engineer

1 - 3 years exp. · Chennai (4 salaries)
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₹4.1 L/yr - ₹6 L/yr

Assistant Manager

7 - 13 years exp. · Chennai (3 salaries)
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₹5.5 L/yr - ₹13.3 L/yr

Last Updated: 1 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Magna International

3.5

Rated by 3 employees for salary & benefits

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.

read more
  • Salary - Poor

Design Engineer in Om Chambers, Bhosari, Pune

Research & Development Department

1.0
  •  posted on 18 May 2022
1.0
 for  Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

read more
  • Salary - Bad
    • +6 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
  • 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

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.

  • 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.

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  • 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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
    • +6 more
see more salary related reviews

Magna International interview questions by designations

Lead Design Engineer (2)Quality Inspector (2)Production Engineer (2)Engineer (2)
View all 39 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 39 Magna International salaries received from various employees of Magna International. Magna International employees rate the overall salary and benefits package 3.5/5 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 ₹20.77 lakhs per year. The top 1% earn more than a whopping ₹43 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 Production Engineer the minimum salary is ₹1.5 Lakh to ₹5.5 Lakhs per year, and for Junior Engineer the minimum salary is ₹2.2 Lakhs to ₹4.5 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 ₹1.7 Lakh to ₹3.3 Lakhs per year for DAT and ₹1.5 Lakh to ₹4 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Magna International in Research & Development Department in Chennai?
According to AmbitionBox, 68% of the Magna International employees in Research & Development Department in Chennai reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Average annual salary in Research & Development department at Magna International , Chennai is INRunlock blur . Salary estimates are based on 39 Magna International latest salaries received from various employees of Magna International.

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