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Magna International Mechanical Engg. Design salaries in Pune

Annual salary range
0 - 5 years exp.
₹3.8 Lakhs - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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17% less than the average Mechanical Engg. Design Salary in Auto Components Companies for 0 - 5 years of experience

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Salaries in different departments

Research & Development
Mechanical Engg. Design Salary
0 - 5 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹6 L/yr

Quality Assurance
Mechanical Engg. Design Salary
Fresher (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 12 Apr 2023

Companies similar to Magna International for Mechanical Engg. Design in Pune

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Magna International Mechanical Engg. Design Salary

0 - 5 years exp. (3 salaries)

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₹3.8 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bharat Forge Mechanical Engg. Design Salary

1 - 4 years exp. (4 salaries)

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₹3.9 L/yr - ₹4.5 L/yr

arrow icon 16% less
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Tata Motors Mechanical Engg. Design Salary

0 - 7 years exp. (5 salaries)

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₹3.3 L/yr - ₹11 L/yr

arrow icon 57% more
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₹2.5 L/yr - ₹8 L/yr

arrow icon 35% more
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Bajaj Auto Mechanical Engg. Design Salary

0 - 12 years exp. (16 salaries)

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₹1.4 L/yr - ₹11 L/yr

arrow icon 31% more
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Force Motors Mechanical Engg. Design Salary

1 - 7 years exp. (21 salaries)

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₹2.6 L/yr - ₹5.3 L/yr

arrow icon 17% less
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Knorr-Bremse Mechanical Engg. Design Salary

3 - 7 years exp. (10 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 50% more
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Faurecia Mechanical Engg. Design Salary

1 - 6 years exp. (10 salaries)

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₹4.1 L/yr - ₹6 L/yr

arrow icon 3% more
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₹4.7 L/yr - ₹6.8 L/yr

arrow icon 23% more
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Yazaki Mechanical Engg. Design Salary

0 - 4 years exp. (4 salaries)

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₹3 L/yr - ₹4.8 L/yr

arrow icon 20% less
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Gestamp Mechanical Engg. Design Salary

4 - 7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.1 L/yr

arrow icon 1% more
Mechanical Engg. Design salary at Magna International ranges between ₹3.8 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Mechanical Engg. Design in Pune

1y ago
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2 months exp.
1y ago
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5 years exp.

Experience wise Magna International Mechanical Engg. Design salaries in Pune

Last Updated: 12 Apr 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for Magna International

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

Research & Development Department

1.0
  •  posted on 18 May 2022

1.0
 for  Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

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FEA Department

4.0
  •  posted on 12 Feb 2018

3.0
 for  Salary and Benefits

Likes

The work culture n collogues are very good and helpful. There is lot of scope for learning and exposing yourself.

Dislikes

Specifically for freshers, We have to compromise for salary over knowledge and experience.

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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.

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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.

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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.

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Magna International Mechanical Engg. Design salary in Pune ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.