Magna International IT Manager Salaries by 3 Employees

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₹10.4 Lakhs - ₹14.3 Lakhs

Low Confidence

Salary of majority employees

12% less than the average IT Manager Salary in Auto Components Companies for 12 years of experience

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Last Updated: 28 Nov 2023

Companies similar to Magna International for IT Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors IT Manager Salary 0 - 5 years exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 78% less
Mahindra & Mahindra IT Manager Salary 10 - 17 years exp. (28 salaries)	₹10.7 L/yr - ₹25.5 L/yr 29% more
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Ashok Leyland IT Manager Salary 1 - 21 years exp. (3 salaries)	₹5.9 L/yr - ₹17.5 L/yr 1% more
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Michelin IT Manager Salary 7 - 14 years exp. (4 salaries)	₹24 L/yr - ₹26 L/yr 105% more	3 job openings
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Goodyear IT Manager Salary 16 - 19 years exp. (4 salaries)	₹22.5 L/yr - ₹26 L/yr 102% more
Faurecia IT Manager Salary 15 - 18 years exp. (4 salaries)	₹25.4 L/yr - ₹29 L/yr 122% more
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Tenneco IT Manager Salary 12 - 18 years exp. (3 salaries)	₹32 L/yr - ₹42.5 L/yr 191% more
Bridgestone IT Manager Salary 17 - 25 years exp. (3 salaries)	₹34.2 L/yr - ₹35 L/yr 182% more
JTEKT IT Manager Salary 12 - 29 years exp. (3 salaries)	₹16.5 L/yr - ₹30.3 L/yr 105% more

IT Manager salary at Magna International ranges between ₹10.4 Lakhs to ₹14.3 Lakhs per year for employees with 12 years of experience. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Experience wise Magna International IT Manager salaries

Last Updated: 28 Nov 2023

Experience	Avg Annual Salary
12 years (3 salaries)	₹10.4 L/yr - ₹14.3 L/yr
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Salary related reviews for Magna International

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

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

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2023

5.0

for Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

Salary - Excellent

+6 more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Magna International IT Manager Salary FAQs

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

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

Experience	Average Salary Range
12 years	₹10.4 Lakhs to ₹14.3 Lakhs per year

and so on.

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Magna International IT Manager Salaries

Magna International IT Manager salary in India ranges between ₹10.4 Lakhs to ₹14.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.

Magna International IT Manager salaries in India

Companies similar to Magna International for IT Manager

Latest annual salaries shared by Magna International IT Manager

Experience wise Magna International IT Manager salaries

Similar Designation salaries in Magna International

Salary related reviews for Magna International

Senior Engineer- Maintenance in Talegaon Dabhade

Stamping Simulation Engineer (Process Engineer) in Pune

Senior Test Lead in Pune

Design Engineer in Pune

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Magna International IT Manager Salary FAQs

Tell us how to improve this page.