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Magna International

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4.0

based on 591 Reviews

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Magna International Lead Engineer salaries in Bangalore / Bengaluru

Annual salary range
7 - 11 years exp.
₹13.5 Lakhs - ₹21 Lakhs
Salary of majority employees
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8% more than the average Lead Engineer Salary in Auto Components Companies for 7 - 11 years of experience

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Salaries in different departments

Engineering - Software & QA
Lead Engineer Salary
7 - 11 years exp. (9 salaries)
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₹16 L/yr - ₹21 L/yr

Research & Development
Lead Engineer Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹21 L/yr

Product Management
Lead Engineer Salary
8 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹20.6 L/yr

Last Updated: 20 Dec 2024

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

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Magna International Lead Engineer Salary

7 - 11 years exp. (15 salaries)
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₹13.5 L/yr - ₹21 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Tata Motors Lead Engineer Salary

8 - 11 years exp. (3 salaries)
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₹14 L/yr - ₹22 L/yr

arrow icon 4% less
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Bosch Lead Engineer Salary

6 - 12 years exp. (21 salaries)
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₹14 L/yr - ₹28.5 L/yr

arrow icon 19% more
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Mahindra & Mahindra Lead Engineer Salary

5 - 13 years exp. (16 salaries)
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₹10.9 L/yr - ₹26 L/yr

arrow icon 8% more
 4 job openings
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Faurecia Lead Engineer Salary

9 - 13 years exp. (43 salaries)
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₹8.2 L/yr - ₹16.6 L/yr

arrow icon 9% less
 1 job opening
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Nexteer Automotive Lead Engineer Salary

6 - 10 years exp. (41 salaries)
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₹12.7 L/yr - ₹33 L/yr

arrow icon 33% more
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Autoliv Lead Engineer Salary

8 - 13 years exp. (32 salaries)
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₹10.4 L/yr - ₹19.3 L/yr

arrow icon 16% less
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Yokogawa Lead Engineer Salary

7 - 15 years exp. (18 salaries)
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₹6.7 L/yr - ₹14 L/yr

arrow icon 37% less
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Continental Automotive Components Lead Engineer Salary

3 - 5 years exp. (3 salaries)
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₹8.2 L/yr - ₹18.8 L/yr

arrow icon 10% less
Lead Engineer salary at Magna International ranges between ₹13.5 Lakhs to ₹21 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 15 latest salaries received from various employees of Magna International.

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

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8 years exp.
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7 years exp.
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8 years exp.
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10 years exp.
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11 years exp.
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10 years exp.
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7 years exp.

Experience wise Magna International Lead Engineer salaries in Bangalore / Bengaluru

Last Updated: 20 Dec 2024

Experience Avg Annual Salary
7 years  (5 salaries)

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₹5.7 L/yr - ₹21 L/yr
8 years  (5 salaries)

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₹14 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)

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₹16 L/yr - ₹21 L/yr
10 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹21 L/yr
11 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹19.2 L/yr

Similar Designation salaries in Magna International

Software Engineer Salary
(49 salaries)
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₹4.2 L/yr - ₹12.4 L/yr
Senior Software Engineer Salary
(36 salaries)
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₹7 L/yr - ₹23.87 L/yr
Senior Engineer Salary
(5 salaries)
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₹9.29 L/yr - ₹15 L/yr
Technical Lead Salary
(5 salaries)
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₹28 L/yr - ₹35 L/yr
System Engineer Salary
(3 salaries)
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₹10 L/yr - ₹16.5 L/yr

Top skills at Magna International for Lead Engineer

FTA

Salary related reviews for Magna International

Senior Software Developer in Pune

Engineering - Software & QA Department

4.0
  •  posted on 14 Mar 2022
3.0
 for  Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

read more

Dislikes

Company is not so keen on employee's skill development.

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.

read 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

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.

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

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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

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.

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
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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Magna International Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Magna International Bangalore / Bengaluru?
Lead Engineer salary at Magna International in Bangalore / Bengaluru ranges between ₹13.5 Lakhs to ₹21.0 Lakhs for experience between 7 years to 11 years. According to our estimates it is 8% more than the average Lead Engineer Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Magna International Bangalore / Bengaluru.
How does the salary of a Lead Engineer at Magna International Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Lead Engineer at Magna International is 8% more than the average salary of a Lead Engineer in Bangalore / Bengaluru. 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 Bangalore / Bengaluru?
  • Nexteer Automotive Lead Engineer Salary - ₹12.7 Lakhs to ₹33.0 Lakhs per year
  • Bosch Lead Engineer Salary - ₹14.0 Lakhs to ₹28.5 Lakhs per year
  • Mahindra & Mahindra Lead Engineer Salary - ₹10.9 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Lead Engineer in companies similar to Magna International in Bangalore / Bengaluru?
  • Tata Motors Lead Engineer Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
  • Faurecia Lead Engineer Salary - ₹8.2 Lakhs to ₹16.6 Lakhs per year
  • Continental Automotive Components Lead Engineer Salary - ₹8.2 Lakhs to ₹18.8 Lakhs per year
  • Autoliv Lead Engineer Salary - ₹10.4 Lakhs to ₹19.3 Lakhs per year
  • Yokogawa Lead Engineer Salary - ₹6.7 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Lead Engineer at Magna International in Bangalore / Bengaluru?
The estimated take-home salary of a Lead Engineer at Magna International ranges between ₹1,14,438 per month to ₹1,17,626 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Magna International Lead Engineer salary in India which ranges between ₹13.5 Lakhs to ₹21.0 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Lead Engineer at Magna International in Bangalore / Bengaluru?
According to AmbitionBox, 63% of the Magna International Lead Engineers in Bangalore / Bengaluru reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Lead Engineer salary in Bangalore / Bengaluru ranges between ₹13.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Magna International latest salaries received from various employees of Magna International.