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This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.
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Annual salary range
2 - 4 years exp.
₹7
Lakhs - ₹15
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary23% more than the average Functional Safety Engineer Salary in Auto Components Companies for 2 - 4 years of experience
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Salaries in different departments
Research & Development
Functional Safety Engineer Salary
3 - 4
years
exp.
(AmbitionBox Estimate)
|  ₹13.5 L/yr - ₹16.5 L/yr |
Login to view exact salary
| |
Engineering - Hardware & Networks
Functional Safety Engineer Salary
2
years
exp.
(AmbitionBox Estimate)
| ₹6.3 L/yr - ₹7.7 L/yr |
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 Valeo Functional Safety Engineer Salary
1 - 10 years exp. (12 salaries) | ₹5.5 L/yr - ₹18 L/yr 
5%
more | |
 Continental Automotive Components Functional Safety Engineer Salary
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39%
more | |
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| ||
 Continental Functional Safety Engineer Salary
1 - 13 years exp. (4 salaries) | ₹9 L/yr - ₹27 L/yr
65%
more | |
 Lear Corporation Functional Safety Engineer Salary
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22%
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 Bosch Global Software Technologies Functional Safety Engineer Salary
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less | |
Functional Safety Engineer salary at Magna International ranges between ₹7
Lakhs
to ₹15
Lakhs
per year for employees with experience between 2 years to 4 years. Salary
estimates are based on
3 latest salaries received
from various employees of Magna International.
Latest annual salaries shared by Magna International Functional Safety Engineer
4mo ago
2
years
exp.
1y ago
4
years
exp.
1y ago
3
years
exp.
Experience wise Magna International Functional Safety Engineer salaries
Last Updated: 4 Sep 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹7
L/yr
- ₹7
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹4.3
L/yr
- ₹15
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹15
L/yr
- ₹15
L/yr
|
Similar Designation salaries in Magna International
Top skills at Magna International for Functional Safety Engineer
Automotive Engineering
Powertrain
Software Engineering
Data Analytics
Data Privacy
Agile Coaching
Legal Advisory
Safety Analysis
Recruitment
Functional Safety
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Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Magna International Functional Safety Engineer Salary FAQs
What is the notice period for Functional Safety Engineer at Magna International?
According to AmbitionBox, 100% of the Magna International Functional Safety Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.
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Magna International Functional Safety Engineer salary
in
India
ranges between ₹7
Lakhs to ₹15
Lakhs with an average annual salary of
₹. Salary estimates are based on
3
Magna International latest salaries received from various employees of
Magna International.