Magna International Production Engineer Team Lead Salaries by 4 Employees (Updated 2024)

2 - 4 years exp.

₹2.5 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

26% less than the average Production Engineer Team Lead Salary in Auto Components Companies for 2 - 4 years of experience

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Last Updated: 2 Feb 2024

Companies similar to Magna International for Production Engineer Team Lead

Company name	Avg Annual Salary	Open Jobs
Tata Motors Production Engineer Team Lead Salary 1 - 11 years exp. (4 salaries)	₹2 L/yr - ₹6.5 L/yr 71% more
TVS Motor Production Engineer Team Lead Salary 4 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹5 L/yr 41% more
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Bajaj Auto Production Engineer Team Lead Salary 1 - 13 years exp. (5 salaries)	₹2 L/yr - ₹7.3 L/yr 53% more
ZF Steering Gear Production Engineer Team Lead Salary 2 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹2.8 L/yr 24% less
Bosch Production Engineer Team Lead Salary 5 - 6 years exp. (4 salaries)	₹5.8 L/yr - ₹6 L/yr 95% more
Yazaki Production Engineer Team Lead Salary 5 - 9 years exp. (4 salaries)	₹4 L/yr - ₹5.4 L/yr 56% more
DENSO Production Engineer Team Lead Salary 1 - 11 years exp. (3 salaries)	₹5.2 L/yr - ₹9 L/yr 137% more
Faurecia Production Engineer Team Lead Salary 10 - 12 years exp. (3 salaries)	₹6.2 L/yr - ₹7.5 L/yr 132% more

Production Engineer Team Lead salary at Magna International ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Production Engineer Team Lead salaries

Last Updated: 2 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Magna International

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Production Manager Salary

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₹19 L/yr - ₹23 L/yr

Project Engineer Salary

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₹4 L/yr - ₹4.7 L/yr

Production Incharge Salary

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₹3 L/yr - ₹4 L/yr

Production Supervisor Salary

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₹1.65 L/yr - ₹6.3 L/yr

Graduate Engineer Salary

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₹3.5 L/yr - ₹6 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

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₹2 L/yr - ₹4.1 L/yr

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₹4.7 L/yr - ₹8 L/yr

Salary related reviews for Magna International

Quality Engineer in Talegaon Dabhade

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

I like because its first opportunity to learn something its was my hope

Dislikes

My dislike reason is: First salary problem my job on 2 year contact base so no pay on date miss Overtime pay our contact hr alway stay to us all bsa employees first shift every wednesday of all week for formality 3to5 no bus required Second is not good behaviour of parmanent staff Our bsa hr and company staff say to some bsa employees including me you all come sunday for extra skill of learning about robot But we all sunday clean robot

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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a technical project manager

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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 Production Engineer Team Lead Salary FAQs

What is the salary of Production Engineer Team Lead at Magna International?

Production Engineer Team Lead salary at Magna International in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs for experience between 2 years to 4 years. According to our estimates it is 26% less than the average Production Engineer Team Lead Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Magna International India.

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

The average salary of a Production Engineer Team Lead at Magna International is 26% less than the average salary of a Production Engineer Team Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Production Engineer Team Lead in India?

DENSO Production Engineer Team Lead Salary - ₹5.2 Lakhs to ₹9.0 Lakhs per year
Faurecia Production Engineer Team Lead Salary - ₹6.2 Lakhs to ₹7.5 Lakhs per year
Bosch Production Engineer Team Lead Salary - ₹5.8 Lakhs to ₹6.0 Lakhs per year
Tata Motors Production Engineer Team Lead Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
Yazaki Production Engineer Team Lead Salary - ₹4.0 Lakhs to ₹5.4 Lakhs per year

What is the salary of a Production Engineer Team Lead in companies similar to Magna International in India?

Bajaj Auto Production Engineer Team Lead Salary - ₹2.0 Lakhs to ₹7.3 Lakhs per year
TVS Motor Production Engineer Team Lead Salary - ₹3.6 Lakhs to ₹5.0 Lakhs per year
ZF Steering Gear Production Engineer Team Lead Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Production Engineer Team Lead at Magna International ranges between ₹21,498 per month to ₹23,139 per month in India. The take-home salary calculation is based on the average Magna International Production Engineer Team Lead salary in India which ranges between ₹2.5 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Production Engineer Team Lead at Magna International?

According to AmbitionBox, 67% of the Magna International Production Engineer Team Leads reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Magna International Production Engineer Team Lead Salaries

Magna International Production Engineer Team Lead salary in India ranges between ₹2.5 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.