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Magna International

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3.9

based on 704 Reviews

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Magna International Software Engineer salaries in Hyderabad / Secunderabad

Annual salary range
3 - 4 years exp.
₹6 Lakhs - ₹9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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5% less than the average Software Engineer Salary in Auto Components Companies for 3 - 4 years of experience

Interested in this particular role? 1 job opening

Last Updated: 23 May 2024

Companies similar to Magna International for Software Engineer in Hyderabad / Secunderabad

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Magna International Software Engineer Salary

3 - 4 years exp. (4 salaries)
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₹6 L/yr - ₹9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bosch Software Engineer Salary

1 - 6 years exp. (36 salaries)
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₹3.6 L/yr - ₹11 L/yr

arrow icon 4% less
 1 job opening
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ZF India Technology Center Software Engineer Salary

1 - 5 years exp. (33 salaries)
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₹4.9 L/yr - ₹13.1 L/yr

arrow icon 22% more
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Valeo Software Engineer Salary

1 - 5 years exp. (14 salaries)
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₹5 L/yr - ₹12 L/yr

arrow icon 2% less
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ZF Friedrichshafen Software Engineer Salary

1 - 4 years exp. (12 salaries)
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₹6 L/yr - ₹13.5 L/yr

arrow icon 10% more
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Continental Automotive Components Software Engineer Salary

2 - 4 years exp. (8 salaries)
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₹4.5 L/yr - ₹9.5 L/yr

arrow icon 7% less
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Continental Software Engineer Salary

3 - 5 years exp. (4 salaries)
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₹6.5 L/yr - ₹10 L/yr

arrow icon 16% more
Software Engineer salary at Magna International ranges between ₹6 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Software Engineer in Hyderabad / Secunderabad

10mo ago
₹7 Lakhs
3 years exp.
1y ago
₹8 Lakhs
3 years exp.
1y ago
₹6 Lakhs
3 years exp.
1y ago
₹9 Lakhs
4 years exp.

Experience wise Magna International Software Engineer salaries in Hyderabad / Secunderabad

Last Updated: 23 May 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹6 L/yr - ₹14.8 L/yr
4 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr

Top skills at Magna International for Software Engineer

Automotive Engineering Electronics and Communication Powertrain Data Privacy MATLAB AUTOSAR Continuous Improvement Debugging Integration Testing Canva Application Software Software Solutions Analytical Chemistry QOS Online Tutoring

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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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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 Software Engineer Salary FAQs

What is the salary of Software Engineer at Magna International in Hyderabad / Secunderabad?
The average salary of a Software Engineer at Magna International in Hyderabad / Secunderabad typically ranges from ₹6.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Software Engineer in Hyderabad / Secunderabad at Magna International earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Software Engineer Salaries at Magna International can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Magna International employees in India.
What is the estimated take home salary of a Software Engineer at Magna International in Hyderabad / Secunderabad?
The estimated take-home salary of a Software Engineer at Magna International in Hyderabad / Secunderabad typically ranges from ₹59,646 to ₹61,152 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Magna International. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Engineer at Magna International in Hyderabad / Secunderabad?
To be a Software Engineer at Magna International in Hyderabad / Secunderabad, the key skills required include:

  • - Automotive Engineering
  • - Electronics and Communication
  • - Powertrain
  • - Data Privacy
  • - MATLAB

These skills are highly valued at Magna International and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Magna International for Software Engineer in India?
ZF India Technology Center ₹4.9 Lakhs to ₹13.1 Lakhs per year
Continental ₹6.5 Lakhs to ₹10.0 Lakhs per year
ZF Friedrichshafen ₹6.0 Lakhs to ₹13.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna International, depending on the role and experience level.
What is the salary of a Software Engineer in companies similar to Magna International in Hyderabad / Secunderabad?
The salary of a Software Engineer at companies similar to Magna International in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Valeo ₹5.0 Lakhs to ₹12.0 Lakhs per year
Bosch ₹3.6 Lakhs to ₹11.0 Lakhs per year
Continental Automotive Components ₹4.5 Lakhs to ₹9.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Software Engineer at Magna International in Hyderabad / Secunderabad?
The salary growth for a Software Engineer at Magna International in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Hyderabad / Secunderabad can expect the following growth trajectory at Magna International:

Experience Average Salary Range
3 years ₹6.0 Lakhs to ₹14.8 Lakhs per year
4 years ₹8.6 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Software Engineer salary in Hyderabad / Secunderabad ranges between ₹6 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.