Magna International Pune Diploma Apprentice Trainee Salaries by 6 Employees

0 - 1 year exp.

₹1.8 Lakh - ₹2.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

24% more than the average Diploma Apprentice Trainee Salary in Auto Components Companies for 0 - 1 year of experience

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Last Updated: 18 Aug 2024

Companies similar to Magna International for Diploma Apprentice Trainee in Pune

Magna International Diploma Apprentice Trainee Salary

0 - 1 year exp. (6 salaries)

₹1.8 L/yr - ₹2.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Cosma International India Diploma Apprentice Trainee Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 27% more
Tata Motors Diploma Apprentice Trainee Salary 0 - 2 years exp. (7 salaries)	₹1.4 L/yr - ₹1.5 L/yr 25% less
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Philips Diploma Apprentice Trainee Salary 0 - 1 year exp. (7 salaries)	₹2.1 L/yr - ₹2.2 L/yr 10% more
John Deere Diploma Apprentice Trainee Salary 0 - 2 years exp. (7 salaries)	₹1 L/yr - ₹2 L/yr 25% less
Sandvik Asia Diploma Apprentice Trainee Salary 1 year exp. (5 salaries)	₹1.2 L/yr - ₹1.4 L/yr 37% less

Diploma Apprentice Trainee salary at Magna International ranges between ₹1.8 Lakh to ₹2.1 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 6 latest salaries received from various employees of Magna International.

Experience wise Magna International Diploma Apprentice Trainee salaries in Pune

Last Updated: 18 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
Login to view exact salary
1 year (5 salaries)	₹1.8 L/yr - ₹3.4 L/yr

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Salary related reviews for Magna International

3.3

Rated by 6 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.

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

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

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

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Magna International Diploma Apprentice Trainee Salary FAQs

What is the salary of Diploma Apprentice Trainee at Magna International in Pune?

The average salary of a Diploma Apprentice Trainee at Magna International in Pune typically ranges from ₹1.8 Lakhs to ₹2.1 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Diploma Apprentice Trainee in Pune at Magna International earn more than ₹1.8 Lakhs per year, and the top 1% earn over ₹1.8 Lakhs per year. Diploma Apprentice 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 6 Magna International employees in India.

What is the estimated take home salary of a Diploma Apprentice Trainee at Magna International in Pune?

The estimated take-home salary of a Diploma Apprentice Trainee at Magna International in Pune typically ranges from ₹13,523 to ₹14,962 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.1 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 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 Diploma Apprentice Trainee in India?

Cosma International India	₹2.0 Lakhs to ₹3.2 Lakhs per year
Philips	₹2.1 Lakhs to ₹2.2 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.

What is the salary of a Diploma Apprentice Trainee in companies similar to Magna International in Pune?

The salary of a Diploma Apprentice Trainee at companies similar to Magna International in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Motors	₹1.4 Lakhs to ₹1.5 Lakhs per year
John Deere	₹1.0 Lakhs to ₹2.0 Lakhs per year
Sandvik Asia	₹1.2 Lakhs to ₹1.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Diploma Apprentice Trainee at Magna International in Pune?

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

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.8 Lakhs to ₹3.4 Lakhs per year

and so on.

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Magna International Diploma Apprentice Trainee Salaries in Pune

Magna International Diploma Apprentice Trainee salary in Pune ranges between ₹1.8 Lakh to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magna International latest salaries received from various employees of Magna International.