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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
7 - 13 years exp.
₹7.8
Lakhs - ₹21
Lakhs
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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 salary5% less than the average Lead Engineer Salary in Auto Components Companies for 7 - 13 years of experience
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Salaries in different departments
Research & Development
Lead Engineer Salary
7 - 13
years
exp.
(58
salaries)
|  ₹7.8 L/yr - ₹21 L/yr |
Engineering - Software & QA
Lead Engineer Salary
7 - 13
years
exp.
(25
salaries)
| ₹8.3 L/yr - ₹19.2 L/yr |
Login to view exact salary
| |
Production, Manufacturing & Engineering
Lead Engineer Salary
8 - 12
years
exp.
(8
salaries)
| ₹8.4 L/yr - ₹20 L/yr |
Companies similar to Magna International for Lead Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Lead Engineer Salary
5 - 12 years exp. (12 salaries) | ₹10.1 L/yr - ₹22 L/yr 
3%
more | |
 Bosch Lead Engineer Salary
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50%
more | |
Login to view exact salary
| ||
 Mahindra & Mahindra Lead Engineer Salary
2 - 17 years exp. (661 salaries) | ₹9 L/yr - ₹28 L/yr
19%
more | 3 job openings |
 Ashok Leyland Lead Engineer Salary
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45%
less | |
 Maruti Suzuki Lead Engineer Salary
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31%
less | |
 TVS Motor Lead Engineer Salary
8 - 11 years exp. (5 salaries) | ₹25 L/yr - ₹42.5 L/yr
138%
more | |
 Renault-Nissan Lead Engineer Salary
7 - 11 years exp. (4 salaries) | ₹5.8 L/yr - ₹10 L/yr
50%
less | |
 Ford Business Solutions Lead Engineer Salary
6 - 13 years exp. (26 salaries) | ₹7.5 L/yr - ₹29 L/yr
12%
more | |
 Hyundai Motor India Limited Lead Engineer Salary
10 - 13 years exp. (4 salaries) | ₹9 L/yr - ₹27 L/yr
34%
more | |
 Valeo Lead Engineer Salary
7 - 13 years exp. (108 salaries) | ₹8.9 L/yr - ₹30.5 L/yr
38%
more | |
 Faurecia Lead Engineer Salary
9 - 13 years exp. (92 salaries) | ₹9.4 L/yr - ₹28 L/yr
17%
more | 1 job opening |
Login to view exact salary
| ||
 Lear Corporation Lead Engineer Salary
7 - 14 years exp. (88 salaries) | ₹10 L/yr - ₹23.2 L/yr
13%
more | |
 Autoliv Lead Engineer Salary
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9%
less | |
 Yokogawa Lead Engineer Salary
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29%
less | |
 Michelin Lead Engineer Salary
2 - 13 years exp. (19 salaries) | ₹2.7 L/yr - ₹6.6 L/yr
70%
less | |
 Tenneco Lead Engineer Salary
7 - 17 years exp. (8 salaries) | ₹5.2 L/yr - ₹15.9 L/yr
37%
less | |
 Continental Automotive Components Lead Engineer Salary
3 - 9 years exp. (6 salaries) | ₹8.2 L/yr - ₹22 L/yr
7%
more | 1 job opening |
 Bajaj Auto Lead Engineer Salary
10 - 15 years exp. (6 salaries) | ₹8 L/yr - ₹19.9 L/yr
15%
less | |
 Continental Lead Engineer Salary
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15%
more | 2 job openings |
 Force Motors Lead Engineer Salary
6 - 12 years exp. (3 salaries) | ₹5 L/yr - ₹5.3 L/yr
67%
less | |
View all
Lead Engineer salary at Magna International ranges between ₹7.8
Lakhs
to ₹21
Lakhs
per year for employees with experience between 7 years to 13 years. Salary
estimates are based on
119 latest salaries received
from various employees of Magna International.
Latest annual salaries shared by Magna International Lead Engineer
1d ago
13
years
exp.
4d ago
13
years
exp.
1w ago
7
years
exp.
1w ago
12
years
exp.
2w ago
9
years
exp.
2w ago
8
years
exp.
3w ago
8
years
exp.
1mo ago
10
years
exp.
1mo ago
8
years
exp.
1mo ago
12
years
exp.
Experience wise Magna International Lead Engineer salaries
Last Updated: 8 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 7 years (10 salaries) |
₹7.8
L/yr
- ₹16
L/yr
|
| 8 years (15 salaries) |
₹7.8
L/yr
- ₹18
L/yr
|
Login to view exact salary
| |
| 9 years (25 salaries) |
₹9
L/yr
- ₹16.3
L/yr
|
| 10 years (27 salaries) |
₹8
L/yr
- ₹21
L/yr
|
| 11 years (23 salaries) |
₹11
L/yr
- ₹19.2
L/yr
|
View all
Similar Designation salaries in Magna International
Top skills at Magna International for Lead Engineer
FTA
Salary related reviews for Magna International
Discover interview dos and don'ts from real experiences
Top trending discussions
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Salary Discussions, Hike & Promotions
2w (edited)
a social media specialist
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?
Got a question about Magna International?
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Magna International Lead Engineer Salary FAQs
What is the salary of Lead Engineer at Magna International?
Lead Engineer salary at Magna International in India ranges between ₹7.8 Lakhs to ₹21.0 Lakhs for experience between 7 years to 13 years. According to our estimates it is 5% less than the average Lead Engineer Salary in India. Salary estimates are based on 119 latest salaries received from various employees of Magna International India.
How does the salary of a Lead Engineer at Magna International India compare with the average salary range for this job?
The average salary of a Lead Engineer at Magna International is 5% less than the average salary of a Lead Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Lead Engineer at Magna International?
FTA is a popular skill required to work as a Lead Engineer at Magna International.
Which similar companies are paying more than Magna International to a Lead Engineer in India?
- TVS Motor Lead Engineer Salary - ₹25.0 Lakhs to ₹42.5 Lakhs per year
- Bosch Lead Engineer Salary - ₹14.0 Lakhs to ₹40.0 Lakhs per year
- Valeo Lead Engineer Salary - ₹8.9 Lakhs to ₹30.5 Lakhs per year
- Hyundai Motor India Limited Lead Engineer Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year
- Mahindra & Mahindra Lead Engineer Salary - ₹9.0 Lakhs to ₹28.0 Lakhs per year
What is the salary of a Lead Engineer in companies similar to Magna International in India?
- Faurecia Lead Engineer Salary - ₹9.4 Lakhs to ₹28.0 Lakhs per year
- Continental Lead Engineer Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
- Lear Corporation Lead Engineer Salary - ₹10.0 Lakhs to ₹23.2 Lakhs per year
- Ford Business Solutions Lead Engineer Salary - ₹7.5 Lakhs to ₹29.0 Lakhs per year
- Continental Automotive Components Lead Engineer Salary - ₹8.2 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Lead Engineer at Magna International in India?
The estimated take-home salary of a Lead Engineer at Magna International ranges between ₹1,04,766 per month to ₹1,07,642 per month in India. The take-home salary calculation is based on the average Magna International Lead Engineer salary in India which ranges between ₹7.8 Lakhs to ₹21.0 Lakhs per year for employees with experience between 7 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Lead Engineer at Magna International?
According to AmbitionBox, 82% of the Magna International Lead Engineers reported a notice period of 3 Months, 8% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 90 responses on AmbitionBox in last 2 years.
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Magna International Lead Engineer Salaries by Location
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Magna International Lead Engineer salary
in
India
ranges between ₹7.8
Lakhs to ₹21
Lakhs with an average annual salary of
₹. Salary estimates are based on
119
Magna International latest salaries received from various employees of
Magna International.