Magna International Pune Product Engineering Manager Salaries by Employees (Updated 2025)

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₹10.8 Lakhs - ₹13.8 Lakhs

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Last Updated: 6 Dec 2024

Companies similar to Magna International for Product Engineering Manager in Pune

Magna International Product Engineering Manager Salary

7 years exp. (AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Fiserv Product Engineering Manager Salary 14 - 16 years exp. (3 salaries)	₹27.8 L/yr - ₹30.3 L/yr 132% more
Login to view exact salary
Cummins Product Engineering Manager Salary 12 - 19 years exp. (3 salaries)	₹24 L/yr - ₹30.5 L/yr 129% more

Product Engineering Manager salary at Magna International ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with 7 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna International.

Similar Designation salaries in Magna International

Production Engineer Salary

(57 salaries)

₹1.6 L/yr - ₹5.5 L/yr

Engineering Manager Salary

(9 salaries)

₹20 L/yr - ₹45.6 L/yr

Project Manager Salary

(8 salaries)

₹10.9 L/yr - ₹30 L/yr

Production Supervisor Salary

(8 salaries)

₹1.6 L/yr - ₹5.5 L/yr

Program Manager Salary

(6 salaries)

₹10 L/yr - ₹21.61 L/yr

Production Manager Salary

(4 salaries)

₹19 L/yr - ₹23 L/yr

General Manager Salary

(3 salaries)

₹75 L/yr - ₹93 L/yr

Salary related reviews for Magna International

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.

Design Engineer in Om Chambers, Bhosari, Pune

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.

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.

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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?

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Magna International Product Engineering Manager Salary FAQs

What is the notice period for Product Engineering Manager at Magna International in Pune?

According to AmbitionBox, 100% of the Magna International Product Engineering Managers in Pune reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Magna International Product Engineering Manager Salaries in Pune

Magna International Product Engineering Manager salary in Pune ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.