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Magna International Graduate Engineer salaries in Bangalore / Bengaluru

Annual salary range
0 - 1 year exp.
₹4 Lakhs - ₹6 Lakhs
Salary of majority employees
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At par with the average Graduate Engineer Salary in Auto Components Companies for 0 - 1 year of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Graduate Engineer Salary
1 year exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.7 L/yr

Engineering - Software & QA
Graduate Engineer Salary
Fresher (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6 L/yr

Last Updated: 7 Nov 2024

Companies similar to Magna International for Graduate Engineer in Bangalore / Bengaluru

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Magna International Graduate Engineer Salary

0 - 1 year exp. (5 salaries)

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₹4 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TVS Motor Graduate Engineer Salary

0 - 1 year exp. (4 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 27% more
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Bosch Graduate Engineer Salary

1 - 2 years exp. (6 salaries)

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₹3.4 L/yr - ₹4 L/yr

arrow icon 33% less
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Autoliv Graduate Engineer Salary

1 - 2 years exp. (3 salaries)

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₹4 L/yr - ₹5 L/yr

arrow icon 12% less
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AtkinsRealis Graduate Engineer Salary

0 - 4 years exp. (106 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 10% more
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HCLTech Graduate Engineer Salary

0 - 3 years exp. (106 salaries)

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₹2.8 L/yr - ₹9 L/yr

arrow icon 19% less
Graduate Engineer salary at Magna International ranges between ₹4 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Graduate Engineer in Bangalore / Bengaluru

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1 year exp.
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5 months exp.
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1 year exp.
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1 year exp.
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Experience wise Magna International Graduate Engineer salaries in Bangalore / Bengaluru

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹6 L/yr
1 year  (4 salaries)

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₹4 L/yr - ₹6 L/yr

Similar Designation salaries in Magna International

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₹2.4 L/yr - ₹7 L/yr
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₹10 L/yr - ₹12.01 L/yr

Salary related reviews for Magna International

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.

read more
  • Salary - Poor

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.

read more
  • Salary - Bad
    +6 more

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

read more
  • Skill development - Bad
    +4 more

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.

read more
  • 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.

read more
  • Salary - Bad
    +1 more

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.

read more
  • Salary - Poor
    +2 more
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Magna International Graduate Engineer Salary FAQs

What is the salary of Graduate Engineer at Magna International Bangalore / Bengaluru?
Graduate Engineer salary at Magna International in Bangalore / Bengaluru ranges between ₹4.0 Lakhs to ₹6.0 Lakhs for less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Magna International Bangalore / Bengaluru.
Which similar companies are paying more than Magna International to a Graduate Engineer in Bangalore / Bengaluru?
  • TVS Motor Graduate Engineer Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
  • AtkinsRealis Graduate Engineer Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
What is the salary of a Graduate Engineer in companies similar to Magna International in Bangalore / Bengaluru?
  • Autoliv Graduate Engineer Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
  • HCLTech Graduate Engineer Salary - ₹2.8 Lakhs to ₹9.0 Lakhs per year
  • Bosch Graduate Engineer Salary - ₹3.4 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Graduate Engineer at Magna International in Bangalore / Bengaluru?
The estimated take-home salary of a Graduate Engineer at Magna International ranges between ₹40,562 per month to ₹41,719 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Magna International Graduate Engineer salary in India which ranges between ₹4.0 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?
What is the notice period for Graduate Engineer at Magna International in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the Magna International Graduate Engineers in Bangalore / Bengaluru reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Graduate Engineer salary in Bangalore / Bengaluru ranges between ₹4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magna International latest salaries received from various employees of Magna International.