Magna International Diploma Trainee Salaries by 5 Employees

0 - 2 years exp.

₹2 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Diploma Trainee Salary in Auto Components Companies for 0 - 2 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Diploma Trainee Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr
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Quality Assurance Diploma Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 5 Sep 2024

Companies similar to Magna International for Diploma Trainee

Company name	Avg Annual Salary	Open Jobs
Bosch Chassis Systems Diploma Trainee Salary 0 - 5 years exp. (15 salaries)	₹1.2 L/yr - ₹2.5 L/yr 13% less
Nexteer Automotive Diploma Trainee Salary 1 - 2 years exp. (6 salaries)	₹1.5 L/yr - ₹2.3 L/yr 24% less
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Bosch Diploma Trainee Salary 1 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 2% less
Yazaki Diploma Trainee Salary 1 - 5 years exp. (6 salaries)	₹1.3 L/yr - ₹2.1 L/yr 29% less
Schaeffler India Diploma Trainee Salary 3 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹1.8 L/yr 18% less
JTEKT Diploma Trainee Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 13% more
Hitachi Automotive Systems Diploma Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹1.8 L/yr 31% less
Dana India Diploma Trainee Salary 0 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 13% less
Tata Cummins Diploma Trainee Salary 0 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹2.4 L/yr 15% less
DENSO Diploma Trainee Salary 2 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr 13% less

Diploma Trainee salary at Magna International ranges between ₹2 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Experience wise Magna International Diploma Trainee salaries

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Magna International

Junior Engineer Salary

(84 salaries)

₹2 L/yr - ₹4.5 L/yr

Production Engineer Salary

(83 salaries)

₹1.45 L/yr - ₹5.5 L/yr

Diploma Trainee Engineer Salary

(58 salaries)

₹1.7 L/yr - ₹3 L/yr

Quality Engineer Salary

(52 salaries)

₹1.45 L/yr - ₹5.15 L/yr

Line Leader Salary

(38 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Graduate Engineer Trainee (Get) Salary

(33 salaries)

₹1.5 L/yr - ₹4 L/yr

Maintenance Engineer Salary

(31 salaries)

₹1 L/yr - ₹7.5 L/yr

Quality Inspector Salary

(25 salaries)

₹1.15 L/yr - ₹2.45 L/yr

Tool Room Engineer Salary

(23 salaries)

₹3.7 L/yr - ₹6.54 L/yr

Senior Production Engineer Salary

(22 salaries)

₹4.7 L/yr - ₹7.91 L/yr

Salary related reviews for Magna International

1.6

Rated by 2 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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Magna International Diploma Trainee Salary FAQs

What is the salary of Diploma Trainee at Magna International ?

The average salary of a Diploma Trainee at Magna International in India typically ranges from ₹2.0 Lakhs to ₹2.6 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Diploma Trainee at Magna International earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Diploma 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 Diploma Trainee at Magna International in India?

The estimated take-home salary of a Diploma Trainee at Magna International in India typically ranges from ₹15,031 to ₹16,601 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from Fresher to 2 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 Diploma Trainee in India?

JTEKT

₹2.0 Lakhs to ₹3.0 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 Trainee in companies similar to Magna International in India?

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

Bosch	₹1.8 Lakhs to ₹3.0 Lakhs per year
DENSO	₹1.5 Lakhs to ₹2.2 Lakhs per year
Bosch Chassis Systems	₹1.2 Lakhs to ₹2.5 Lakhs per year
Dana India	₹1.6 Lakhs to ₹2.0 Lakhs per year
Tata Cummins	₹1.5 Lakhs to ₹2.4 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 Trainee at Magna International in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Magna International Diploma Trainee Salaries

Magna International Diploma Trainee salary in India ranges between ₹2 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magna International latest salaries received from various employees of Magna International.