Magna International Company Trainee Salaries by 5 Employees

2 - 6 years exp.

₹1.2 Lakh - ₹1.6 Lakh

Low Confidence

Salary of majority employees

49% less than the average Company Trainee Salary in Auto Components Companies for 2 - 6 years of experience

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Last Updated: 9 Oct 2023

Companies similar to Magna International for Company Trainee

Company name	Avg Annual Salary	Open Jobs
Bosch Company Trainee Salary 1 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹4.5 L/yr 95% more
Doowon Automotive Company Trainee Salary 1 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹3.3 L/yr 82% more
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Yazaki Company Trainee Salary 0 - 7 years exp. (3 salaries)	₹1.5 L/yr - ₹2.6 L/yr 39% more
Bajaj Auto Company Trainee Salary 1 - 3 years exp. (557 salaries)	₹1.4 L/yr - ₹3.5 L/yr 74% more
Kia Motors Company Trainee Salary 1 - 6 years exp. (509 salaries)	₹2 L/yr - ₹4.5 L/yr 167% more

Company Trainee salary at Magna International ranges between ₹1.2 Lakh to ₹1.6 Lakh per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Experience wise Magna International Company Trainee salaries

Last Updated: 9 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
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4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.4 L/yr

Similar Designation salaries in Magna International

Quality Engineer Salary

(52 salaries)

₹1.45 L/yr - ₹5.15 L/yr

Software Engineer Salary

(114 salaries)

₹4.2 L/yr - ₹12.95 L/yr

Software Tester Salary

(4 salaries)

₹5 L/yr - ₹11 L/yr

Senior Engineer Salary

(87 salaries)

₹4.2 L/yr - ₹16.5 L/yr

Assistant Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.8 L/yr

QA QC Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹3.7 L/yr

QA Engineer Salary

(8 salaries)

₹1.5 L/yr - ₹6 L/yr

Deputy Manager Salary

(32 salaries)

₹10.8 L/yr - ₹24 L/yr

Junior Engineer Salary

(84 salaries)

₹2 L/yr - ₹4.5 L/yr

Test Engineer Salary

(16 salaries)

₹4.5 L/yr - ₹7.8 L/yr

Salary related reviews for Magna International

5.0

Rated by 1 employees for salary & benefits

Quality Engineer in Talegaon Dabhade

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

I like because its first opportunity to learn something its was my hope

Dislikes

My dislike reason is: First salary problem my job on 2 year contact base so no pay on date miss Overtime pay our contact hr alway stay to us all bsa employees first shift every wednesday of all week for formality 3to5 no bus required Second is not good behaviour of parmanent staff Our bsa hr and company staff say to some bsa employees including me you all come sunday for extra skill of learning about robot But we all sunday clean robot

Skill development - Bad

+4 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.

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.

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.

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

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magna International Company Trainee Salary FAQs

What is the salary of Company Trainee at Magna International ?

The average salary of a Company Trainee at Magna International in India typically ranges from ₹1.2 Lakhs to ₹1.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Company Trainee at Magna International earn more than ₹1.4 Lakhs per year, and the top 1% earn over ₹1.4 Lakhs per year. Company Trainee 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 5 Magna International employees in India.

What is the estimated take home salary of a Company Trainee at Magna International in India?

The estimated take-home salary of a Company Trainee at Magna International in India typically ranges from ₹9,081 to ₹10,082 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹1.6 Lakhs per year for employees with experience ranging from 2 years to 6 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 5 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 Company Trainee in India?

Kia Motors	₹2.0 Lakhs to ₹4.5 Lakhs per year
Bosch	₹1.5 Lakhs to ₹4.5 Lakhs per year
Doowon Automotive	₹1.9 Lakhs to ₹3.3 Lakhs per year
Bajaj Auto	₹1.4 Lakhs to ₹3.5 Lakhs per year
Yazaki	₹1.5 Lakhs to ₹2.6 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.

How the salary growth look like for a Company Trainee at Magna International in India?

The salary growth for a Company Trainee at Magna International depends on factors such as experience, performance, and promotions. On average, a Company Trainee can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹1.4 Lakhs per year
3 years	₹1.4 Lakhs to ₹1.4 Lakhs per year
4 years	₹1.4 Lakhs to ₹1.4 Lakhs per year
5 years	₹1.4 Lakhs to ₹1.4 Lakhs per year

and so on.

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Magna International Company Trainee Salaries

Magna International Company Trainee salary in India ranges between ₹1.2 Lakh to ₹1.6 Lakh with an average annual salary of ₹. Salary estimates are based on 5 Magna International latest salaries received from various employees of Magna International.