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Magna International

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4.0

based on 636 Reviews

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Research & Development

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Magna International Research & Development Department Salaries in India

based on 667 latest salaries
Designation Avg Annual Salary Open Jobs

Industrial Engineer

2 - 3 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.9 L/yr

Trainee Design Engineer

2 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Assistant Program Manager

13 - 14 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr

Junior Project Engineer

2 - 3 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Mechanical Engg. Design

0 - 3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Product Validation Engineer

7 - 8 years exp. (AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr

Purchase Executive

0 - 1 year exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Supplier Development Engineer

17 - 20 years exp. (AmbitionBox Estimate)
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₹20.3 L/yr - ₹25.9 L/yr

Tool Engineer

13 - 14 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹7.1 L/yr

Assistant Manager Product Development

10 - 11 years exp. (AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.3 L/yr

System Test Engineer

4 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹12 L/yr

Engineer Project Management

16 - 17 years exp. (AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.6 L/yr

Catia Design Engineer

2 - 3 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Dimensional Variation Analysis Engineer

0 - 1 year exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Functional Safety Engineer

3 - 4 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Lead Cae Engineer

14 - 16 years exp. (AmbitionBox Estimate)
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₹16.9 L/yr - ₹21.6 L/yr

PLC Programmer

9 - 10 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.6 L/yr

Tool & DIE Maker

6 - 7 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5 L/yr

CAD Engg

0 - 4 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.8 L/yr

Technical Project Lead

4 - 6 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Last Updated: 20 Jan, 2025

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1w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Salary related reviews for Magna International

3.7

Rated by 62 employees for salary & benefits

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.

read more
  • Salary - Poor

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.

read more
  • Salary - Bad
    +6 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.

read more
  • 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.

read more
  • 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.

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  • 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.

read more

Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
    +6 more
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Magna International interview questions by designations

Production Engineer (2)Engineer (2)System Engineer (2)Lead Design Engineer (2)
View all 39 interview experiences
More about working at Magna International

Magna International Salary FAQs

How much does Magna International pay per year?
The average Magna International salary ranges from approximately ₹1.2 Lakh to ₹1.6 Lakh per year for a Company Trainee and ₹33 Lakhs to ₹43.6 Lakhs per year for a Software Architect. Salary estimates are based on 667 Magna International salaries received from various employees of Magna International. Magna International employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Magna International?
The highest-paying job at Magna International is a Software Architect with a salary of ₹33 Lakhs to ₹43.6 Lakhs per year. The top 10% of employees earn more than ₹20.79 lakhs per year. The top 1% earn more than a whopping ₹43 lakhs per year.
What is the minimum salary in Magna International?
Minimum salary at Magna International depends on the role you are applying for. For Production Engineer the minimum salary is ₹1.5 Lakh to ₹5.5 Lakhs per year, and for Junior Engineer the minimum salary is ₹2.2 Lakhs to ₹4.5 Lakhs per year and so on.
What is the salary package for freshers in Magna International?
The average salary at Magna International for freshers varies from ₹1.7 Lakh to ₹3.3 Lakhs per year for DAT and ₹1.5 Lakh to ₹4 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Magna International in Research & Development Department?
According to AmbitionBox, 73% of the Magna International employees in Research & Development Department reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 529 responses on AmbitionBox in last 2 years.

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Magna International Research & Development Salaries by Location

Average annual salary in Research & Development department at Magna International is INRunlock blur . Salary estimates are based on 667 Magna International latest salaries received from various employees of Magna International.

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