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Magna International

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4.0

based on 654 Reviews

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Magna International Senior Engineering Lead salaries in India

Annual salary range
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₹20.3 Lakhs - ₹25.9 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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9% less than the average Senior Engineering Lead Salary in Auto Components Companies for 9 years of experience

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Last Updated: 14 Sep 2023

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Senior Engineering Lead salary at Magna International ranges between ₹20.3 Lakhs to ₹25.9 Lakhs per year for employees with 9 years of experience. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Senior Engineering Lead

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Experience wise Magna International Senior Engineering Lead salaries

Last Updated: 14 Sep 2023

Experience Avg Annual Salary
9 years  (5 salaries)

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₹22.5 L/yr - ₹22.5 L/yr

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Salary related reviews for Magna International

Senior Software Developer in Pune

Engineering - Software & QA Department

4.0
  •  posted on 14 Mar 2022
3.0
 for  Salary and Benefits

Likes

This company provide good opportunities to employees. The compensation structure is average. The work culture in company is good. Company take care of employee.

read more
  • Job security - Excellent
    • +3 more

Dislikes

Company is not so keen on employee's skill development.

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.

read more
  • 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

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
see more salary related reviews

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fathersahaab
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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Magna International Senior Engineering Lead Salary FAQs

What is the salary of Senior Engineering Lead at Magna International?
Senior Engineering Lead salary at Magna International in India ranges between ₹20.3 Lakhs to ₹25.9 Lakhs for 9 years of experience. According to our estimates it is 9% less than the average Senior Engineering Lead Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magna International India.
How does the salary of a Senior Engineering Lead at Magna International India compare with the average salary range for this job?
The average salary of a Senior Engineering Lead at Magna International is 9% less than the average salary of a Senior Engineering Lead in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magna International to a Senior Engineering Lead in India?
  • ZF Friedrichshafen Senior Engineering Lead Salary - ₹39.0 Lakhs to ₹49.0 Lakhs per year
  • Nexteer Automotive Senior Engineering Lead Salary - ₹28.0 Lakhs to ₹41.0 Lakhs per year
  • Mahindra & Mahindra Senior Engineering Lead Salary - ₹18.0 Lakhs to ₹34.0 Lakhs per year
  • Persistent Systems Senior Engineering Lead Salary - ₹10.5 Lakhs to ₹36.4 Lakhs per year
What is the salary of a Senior Engineering Lead in companies similar to Magna International in India?
  • Autoliv Senior Engineering Lead Salary - ₹13.6 Lakhs to ₹17.4 Lakhs per year
What is the estimated take home salary of a Senior Engineering Lead at Magna International in India?
The estimated take-home salary of a Senior Engineering Lead at Magna International ranges between ₹1,45,082 per month to ₹1,50,505 per month in India. The take-home salary calculation is based on the average Magna International Senior Engineering Lead salary in India which ranges between ₹20.3 Lakhs to ₹25.9 Lakhs per year for employees with 9 years of experience. Check how did we calculate take home salary?

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Magna International Senior Engineering Lead salary in India ranges between ₹20.3 Lakhs to ₹25.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Magna International latest salaries received from various employees of Magna International.