Magna International Pune Lead Engineer Salaries by 40+ Employees (Updated 2024)

7 - 13 years exp.

₹7.8 Lakhs - ₹21.7 Lakhs

Salary of majority employees

10% more 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. (27 salaries)	₹7.8 L/yr - ₹19.5 L/yr
Engineering - Software & QA Lead Engineer Salary 7 - 11 years exp. (12 salaries)	₹8.3 L/yr - ₹21.7 L/yr
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Production, Manufacturing & Engineering Lead Engineer Salary 8 - 12 years exp. (3 salaries)	₹8.4 L/yr - ₹15 L/yr
Product Management Lead Engineer Salary 10 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹18 L/yr

Last Updated: 8 Dec 2024

Companies similar to Magna International for Lead Engineer in Pune

Magna International Lead Engineer Salary

7 - 13 years exp. (48 salaries)

₹7.8 L/yr - ₹21.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Lead Engineer Salary 5 - 12 years exp. (5 salaries)	₹10.1 L/yr - ₹16 L/yr 2% less
Mahindra & Mahindra Lead Engineer Salary 2 - 17 years exp. (58 salaries)	₹9.7 L/yr - ₹27 L/yr 28% more	4 job openings
Login to view exact salary
Lear Corporation Lead Engineer Salary 7 - 14 years exp. (74 salaries)	₹10 L/yr - ₹23.2 L/yr 17% more
Faurecia Lead Engineer Salary 9 - 14 years exp. (37 salaries)	₹10 L/yr - ₹27.6 L/yr 16% more	1 job opening
Bajaj Auto Lead Engineer Salary 10 - 15 years exp. (6 salaries)	₹8 L/yr - ₹25.1 L/yr 15% less
Gestamp Lead Engineer Salary 14 - 16 years exp. (3 salaries)	₹12.3 L/yr - ₹13.5 L/yr 14% less

Lead Engineer salary at Magna International ranges between ₹7.8 Lakhs to ₹21.7 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 48 latest salaries received from various employees of Magna International.

Experience wise Magna International Lead Engineer salaries in Pune

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
7 years (4 salaries)	₹7.8 L/yr - ₹12.8 L/yr
8 years (6 salaries)	₹7.8 L/yr - ₹14 L/yr
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9 years (13 salaries)	₹9 L/yr - ₹20.3 L/yr
10 years (9 salaries)	₹11 L/yr - ₹19 L/yr
11 years (7 salaries)	₹11.5 L/yr - ₹21.7 L/yr
12 years (6 salaries)	₹14 L/yr - ₹19.1 L/yr
13 years (3 salaries)	₹16.5 L/yr - ₹19.5 L/yr

View all

Similar Designation salaries in Magna International

Senior Engineer Salary

(59 salaries)

₹4.2 L/yr - ₹16 L/yr

Senior Software Engineer Salary

(45 salaries)

₹10 L/yr - ₹24.37 L/yr

Technical Lead Salary

(35 salaries)

₹15 L/yr - ₹38 L/yr

Software Engineer Salary

(29 salaries)

₹5 L/yr - ₹14.32 L/yr

Team Lead Salary

(16 salaries)

₹2.4 L/yr - ₹11.17 L/yr

System Engineer Salary

(7 salaries)

₹7 L/yr - ₹17.4 L/yr

Top skills at Magna International for Lead Engineer

FTA

Salary related reviews for Magna International

3.9

Rated by 4 employees for salary & benefits

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.

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.

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.

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.

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.

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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

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 Pune?

Lead Engineer salary at Magna International in Pune ranges between ₹7.8 Lakhs to ₹21.7 Lakhs for experience between 7 years to 13 years. According to our estimates it is 10% more than the average Lead Engineer Salary in India. Salary estimates are based on 48 latest salaries received from various employees of Magna International Pune.

How does the salary of a Lead Engineer at Magna International Pune compare with the average salary range for this job?

The average salary of a Lead Engineer at Magna International is 10% more than the average salary of a Lead Engineer in Pune. 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 Pune?

Mahindra & Mahindra Lead Engineer Salary - ₹9.7 Lakhs to ₹27.0 Lakhs per year
Lear Corporation Lead Engineer Salary - ₹10.0 Lakhs to ₹23.2 Lakhs per year
Faurecia Lead Engineer Salary - ₹10.0 Lakhs to ₹27.6 Lakhs per year

What is the salary of a Lead Engineer in companies similar to Magna International in Pune?

Tata Motors Lead Engineer Salary - ₹10.1 Lakhs to ₹16.0 Lakhs per year
Gestamp Lead Engineer Salary - ₹12.3 Lakhs to ₹13.5 Lakhs per year
Bajaj Auto Lead Engineer Salary - ₹8.0 Lakhs to ₹25.1 Lakhs per year

What is the estimated take home salary of a Lead Engineer at Magna International in Pune?

The estimated take-home salary of a Lead Engineer at Magna International ranges between ₹1,04,671 per month to ₹1,07,543 per month in Pune. The take-home salary calculation is based on the average Magna International Lead Engineer salary in India which ranges between ₹7.8 Lakhs to ₹21.7 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 in Pune?

According to AmbitionBox, 95% of the Magna International Lead Engineers in Pune reported a notice period of 3 Months, 2% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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Magna International Lead Engineer Salaries in Pune

Magna International Lead Engineer salary in Pune ranges between ₹7.8 Lakhs to ₹21.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Magna International latest salaries received from various employees of Magna International.