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Magna International Senior Engineering Lead salaries in Bangalore / Bengaluru

Annual salary range
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₹20.3 Lakhs - ₹25.9 Lakhs
Salary of majority employees
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8% 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

Companies similar to Magna International for Senior Engineering Lead in Bangalore / Bengaluru

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Magna International Senior Engineering Lead Salary

9 years exp. (5 salaries)

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₹20.3 L/yr - ₹25.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹46 L/yr - ₹49 L/yr

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₹28 L/yr - ₹41 L/yr

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Autoliv Senior Engineering Lead Salary

12 years exp. (3 salaries)

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₹13.6 L/yr - ₹17.4 L/yr

arrow icon 33% less
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₹12 L/yr - ₹35.4 L/yr

arrow icon 8% more
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₹13.6 L/yr - ₹22.2 L/yr

arrow icon 14% less
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 in Bangalore / Bengaluru

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9 years exp.
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9 years exp.
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9 years exp.
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9 years exp.
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9 years exp.

Experience wise Magna International Senior Engineering Lead salaries in Bangalore / Bengaluru

Last Updated: 14 Sep 2023

Experience Avg Annual Salary
9 years  (5 salaries)

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₹20.3 L/yr - ₹25.9 L/yr

Similar Designation salaries in Magna International

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₹4.2 L/yr - ₹12 L/yr
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₹7 L/yr - ₹23.87 L/yr
Lead Engineer Salary
(15 salaries)
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₹13.5 L/yr - ₹21 L/yr
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₹10 L/yr - ₹15 L/yr
Technical Lead Salary
(5 salaries)
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₹28 L/yr - ₹35 L/yr
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₹10 L/yr - ₹16.5 L/yr

Salary related reviews for Magna International

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

Dislikes

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

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

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.

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Full Time

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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.

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Full Time

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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.

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Dislikes

Everything.no growth or oppurtunity.No increments.

Full Time

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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.

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Magna International Senior Engineering Lead Salary FAQs

What is the salary of Senior Engineering Lead at Magna International Bangalore / Bengaluru?
Senior Engineering Lead salary at Magna International in Bangalore / Bengaluru ranges between ₹20.3 Lakhs to ₹25.9 Lakhs for 9 years of experience. According to our estimates it is 8% 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 Bangalore / Bengaluru.
How does the salary of a Senior Engineering Lead at Magna International Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Senior Engineering Lead at Magna International is 8% less than the average salary of a Senior Engineering Lead in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Magna International to a Senior Engineering Lead in Bangalore / Bengaluru?
  • ZF Friedrichshafen Senior Engineering Lead Salary - ₹46.0 Lakhs to ₹49.0 Lakhs per year
  • Nexteer Automotive Senior Engineering Lead Salary - ₹28.0 Lakhs to ₹41.0 Lakhs per year
  • Persistent Systems Senior Engineering Lead Salary - ₹12.0 Lakhs to ₹35.4 Lakhs per year
What is the salary of a Senior Engineering Lead in companies similar to Magna International in Bangalore / Bengaluru?
  • Collins Aerospace Senior Engineering Lead Salary - ₹13.6 Lakhs to ₹22.2 Lakhs per year
  • 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 Bangalore / Bengaluru?
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 Bangalore / Bengaluru. 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 Bangalore / Bengaluru 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.