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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
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₹10.8
Lakhs - ₹13.8
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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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 salaryInterested in this particular role?
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Lead Product Engineer salary at Magna International ranges between ₹10.8
Lakhs
to ₹13.8
Lakhs
per year for employees with 9 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Magna International.
Similar Designation salaries in Magna International
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2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Magna International Lead Product Engineer salary in India ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.