Magna International Project Engineer Salaries by 3 Employees

1 - 5 years exp.

₹4 Lakhs - ₹4.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

23% less than the average Project Engineer Salary in Auto Components Companies for 1 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Project Engineer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Construction & Site Engineering Project Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr

Last Updated: 2 Dec 2024

Companies similar to Magna International for Project Engineer

Company name	Avg Annual Salary	Open Jobs
Yokogawa Project Engineer Salary 4 - 10 years exp. (80 salaries)	₹3.4 L/yr - ₹10.1 L/yr 73% more	1 job opening
Bosch Project Engineer Salary 0 - 5 years exp. (32 salaries)	₹2.8 L/yr - ₹8.5 L/yr 10% more
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Dana India Project Engineer Salary 1 - 8 years exp. (24 salaries)	₹5 L/yr - ₹8 L/yr 55% more
Yazaki Project Engineer Salary 1 - 8 years exp. (16 salaries)	₹3 L/yr - ₹7 L/yr 12% more
Valeo Project Engineer Salary 1 - 6 years exp. (11 salaries)	₹2.3 L/yr - ₹8.8 L/yr 22% more	1 job opening
Amara Raja Group Project Engineer Salary 2 - 4 years exp. (5 salaries)	₹3.4 L/yr - ₹4.3 L/yr At par
Goodyear Project Engineer Salary 2 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹4 L/yr 20% less
Faurecia Project Engineer Salary 1 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹4.9 L/yr 10% less
ZF Friedrichshafen Project Engineer Salary 2 - 6 years exp. (4 salaries)	₹5 L/yr - ₹8.3 L/yr 46% more
Continental Project Engineer Salary 3 - 4 years exp. (4 salaries)	₹4.3 L/yr - ₹15 L/yr 101% more	1 job opening
Continental Automotive Components Project Engineer Salary 3 - 10 years exp. (4 salaries)	₹9 L/yr - ₹12.5 L/yr 171% more
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Lear Corporation Project Engineer Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹4 L/yr 30% less
ARaymond Project Engineer Salary 3 - 6 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 59% more
Bridgestone Project Engineer Salary 0 - 4 years exp. (3 salaries)	₹3.6 L/yr - ₹4.1 L/yr 11% less
Sigma Freudenberg NOK Project Engineer Salary 4 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹4.2 L/yr 6% less
DENSO Project Engineer Salary 2 - 5 years exp. (3 salaries)	₹5.2 L/yr - ₹9 L/yr 73% more
Autoliv Project Engineer Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹4.4 L/yr 26% less

Project Engineer salary at Magna International ranges between ₹4 Lakhs to ₹4.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Experience wise Magna International Project Engineer salaries

Last Updated: 2 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in Magna International

Project Manager Salary

(11 salaries)

₹12 L/yr - ₹32 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Senior Engineer Salary

(87 salaries)

₹4.74 L/yr - ₹20 L/yr

QA QC Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Quality Engineer Salary

(52 salaries)

₹1.45 L/yr - ₹5.15 L/yr

Junior Engineer Salary

(84 salaries)

₹2 L/yr - ₹4.5 L/yr

Project Coordinator Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Assistant Engineer Salary

(18 salaries)

₹2 L/yr - ₹3.8 L/yr

Deputy Manager Salary

(32 salaries)

₹10.8 L/yr - ₹24 L/yr

Salary related reviews for Magna International

4.0

Rated by 1 employees for salary & benefits

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

Skill development - Bad

+4 more

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.

Skill development - Excellent

+2 more

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.

Salary - Bad

+1 more

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.

Skill development - Good

+3 more

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.

Salary - Poor

+2 more

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.

Salary - Bad

+6 more

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.

Skill development - Excellent

+3 more

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.

Salary - Poor

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magna International Project Engineer Salary FAQs

How the salary growth look like for a Project Engineer at Magna International in India?

The salary growth for a Project Engineer at Magna International depends on factors such as experience, performance, and promotions. On average, a Project Engineer can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
1 year	₹3.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
5 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Magna International Project Engineer Salaries

Magna International Project Engineer salary in India ranges between ₹4 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.