Magna International Deputy Manager Engineering Salaries by Employees

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₹18.9 Lakhs - ₹24.2 Lakhs

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Last Updated: 20 Apr 2023

Companies similar to Magna International for Deputy Manager Engineering

Company name	Avg Annual Salary	Open Jobs
Yokogawa Deputy Manager Engineering Salary 12 - 15 years exp. (6 salaries)	₹9.2 L/yr - ₹17.5 L/yr 33% less
Continental Automotive Components Deputy Manager Engineering Salary 7 - 12 years exp. (5 salaries)	₹10.4 L/yr - ₹17.2 L/yr 33% less
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Yazaki Deputy Manager Engineering Salary 3 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹11.3 L/yr 61% less
Faurecia Deputy Manager Engineering Salary 14 - 17 years exp. (5 salaries)	₹14 L/yr - ₹22.5 L/yr 12% less
ANTOLIN Deputy Manager Engineering Salary 11 - 20 years exp. (4 salaries)	₹10 L/yr - ₹11 L/yr 53% less
Lear Corporation Deputy Manager Engineering Salary 15 - 19 years exp. (4 salaries)	₹17.5 L/yr - ₹25.4 L/yr 11% less

Deputy Manager Engineering salary at Magna International ranges between ₹18.9 Lakhs to ₹24.2 Lakhs per year for employees with 16 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna International.

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Salary related reviews for Magna International

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

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.

Salary - Bad

+6 more

FEA Engineer in Pune

FEA Department

4.0

• posted on 12 Feb 2018

3.0

for Salary and Benefits

Likes

The work culture n collogues are very good and helpful. There is lot of scope for learning and exposing yourself.

Skill development - Good

+4 more

Dislikes

Specifically for freshers, We have to compromise for salary over knowledge and experience.

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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magna International Deputy Manager Engineering Salary FAQs

How the salary growth look like for a Deputy Manager Engineering at Magna International in India?

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

Experience	Average Salary Range
15 years	₹18.9 Lakhs to ₹24.2 Lakhs per year

and so on.

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Magna International Deputy Manager Engineering Salaries

Magna International Deputy Manager Engineering salary in India ranges between ₹18.9 Lakhs to ₹24.2 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.