Magna International Team Lead Salaries by 40+ Employees (Updated 2024)

1 - 13 years exp.

₹2.2 Lakhs - ₹10.6 Lakhs

Salary of majority employees

24% less than the average Team Lead Salary in Auto Components Companies for 1 - 13 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Team Lead Salary 2 - 13 years exp. (25 salaries)	₹2.2 L/yr - ₹7.5 L/yr
Research & Development Team Lead Salary 1 - 11 years exp. (3 salaries)	₹2.5 L/yr - ₹8.8 L/yr
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Customer Success, Service & Operations Team Lead Salary 5 - 12 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.6 L/yr

Last Updated: 11 Dec 2024

Companies similar to Magna International for Team Lead

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Team Lead Salary 0 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹3.6 L/yr 60% less
Tata Motors Team Lead Salary 1 - 11 years exp. (360 salaries)	₹1 L/yr - ₹7.8 L/yr 43% less
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Mahindra & Mahindra Team Lead Salary 1 - 14 years exp. (775 salaries)	₹1.6 L/yr - ₹9.3 L/yr 31% less
Ashok Leyland Team Lead Salary 1 - 10 years exp. (36 salaries)	₹1.4 L/yr - ₹5.1 L/yr 59% less
TVS Motor Team Lead Salary 0 - 8 years exp. (126 salaries)	₹1.5 L/yr - ₹8.1 L/yr 45% less
Hero MotoCorp Team Lead Salary 1 - 10 years exp. (21 salaries)	₹1 L/yr - ₹8.3 L/yr 40% less
Maruti Suzuki Team Lead Salary 3 - 12 years exp. (69 salaries)	₹1.5 L/yr - ₹6 L/yr 48% less
Bajaj Auto Team Lead Salary 2 - 16 years exp. (37 salaries)	₹1.8 L/yr - ₹9.5 L/yr 23% less
Force Motors Team Lead Salary 2 - 10 years exp. (12 salaries)	₹2.1 L/yr - ₹8.5 L/yr 40% less
Bosch Team Lead Salary 1 - 12 years exp. (125 salaries)	₹1.7 L/yr - ₹18 L/yr 42% more
Faurecia Team Lead Salary 3 - 12 years exp. (96 salaries)	₹1.8 L/yr - ₹9 L/yr 26% less
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Continental Team Lead Salary 3 - 14 years exp. (55 salaries)	₹2.5 L/yr - ₹11 L/yr 3% less
Gestamp Team Lead Salary 4 - 9 years exp. (44 salaries)	₹2.2 L/yr - ₹8.2 L/yr 34% less
Nexteer Automotive Team Lead Salary 2 - 7 years exp. (45 salaries)	₹1.8 L/yr - ₹5.3 L/yr 55% less
ZF Steering Gear Team Lead Salary 6 - 14 years exp. (37 salaries)	₹9.3 L/yr - ₹37 L/yr 214% more
Continental Automotive Components Team Lead Salary 3 - 13 years exp. (36 salaries)	₹8.8 L/yr - ₹25 L/yr 106% more
Aptiv Team Lead Salary 2 - 10 years exp. (50 salaries)	₹1.6 L/yr - ₹8.5 L/yr 37% less
JTEKT Team Lead Salary 3 - 12 years exp. (28 salaries)	₹2.3 L/yr - ₹6 L/yr 38% less
Yazaki Team Lead Salary 2 - 5 years exp. (28 salaries)	₹1.5 L/yr - ₹4.5 L/yr 62% less
Aptiv Components India Private Team Lead Salary 0 - 10 years exp. (24 salaries)	₹1 L/yr - ₹6 L/yr 60% less

View all

Team Lead salary at Magna International ranges between ₹2.2 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 40 latest salaries received from various employees of Magna International.

Experience wise Magna International Team Lead salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹9.1 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹9.7 L/yr
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3 years (3 salaries)	₹2.2 L/yr - ₹10.2 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10.8 L/yr
5 years (4 salaries)	₹4 L/yr - ₹11.3 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.9 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹12.5 L/yr
8 years (7 salaries)	₹4.1 L/yr - ₹13 L/yr
9 years (4 salaries)	₹4.5 L/yr - ₹13.6 L/yr
10 years (7 salaries)	₹3.6 L/yr - ₹14 L/yr
11 years (3 salaries)	₹3.6 L/yr - ₹14.7 L/yr
12 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.2 L/yr
13 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.8 L/yr

View all

Similar Designation salaries in Magna International

Team Manager Salary

(3 salaries)

₹25.4 L/yr - ₹50 L/yr

Technical Lead Salary

(48 salaries)

₹14 L/yr - ₹38 L/yr

Supervisor Salary

(4 salaries)

₹3 L/yr - ₹3.12 L/yr

Senior Analyst Salary

(3 salaries)

₹11 L/yr - ₹15 L/yr

Deputy Manager Salary

(19 salaries)

₹10.4 L/yr - ₹24 L/yr

Shift Incharge Salary

(16 salaries)

₹3.2 L/yr - ₹9.6 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Team Lead And Incharge Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Operations Manager Salary

(4 salaries)

₹21 L/yr - ₹31.8 L/yr

Management Trainee Salary

(5 salaries)

₹2.6 L/yr - ₹3.3 L/yr

Salary related reviews for Magna International

4.5

Rated by 4 employees for salary & benefits

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.

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.

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.

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.

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.

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.

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.

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2023

5.0

for Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna International Team Lead Salary FAQs

What is the salary of Team Lead at Magna International?

Team Lead salary at Magna International in India ranges between ₹2.2 Lakhs to ₹10.6 Lakhs for experience between 1 years to 13 years. According to our estimates it is 24% less than the average Team Lead Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Magna International India.

How does the salary of a Team Lead at Magna International India compare with the average salary range for this job?

The average salary of a Team Lead at Magna International is 24% less than the average salary of a Team Lead in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Team Lead in India?

Yokogawa Team Lead Salary - ₹22.6 Lakhs to ₹30.0 Lakhs per year
ZF Steering Gear Team Lead Salary - ₹9.3 Lakhs to ₹37.0 Lakhs per year
Michelin Team Lead Salary - ₹17.3 Lakhs to ₹31.3 Lakhs per year
Continental Automotive Components Team Lead Salary - ₹8.8 Lakhs to ₹25.0 Lakhs per year
Lear Corporation Team Lead Salary - ₹9.6 Lakhs to ₹16.3 Lakhs per year

What is the salary of a Team Lead in companies similar to Magna International in India?

Bosch Team Lead Salary - ₹1.7 Lakhs to ₹18.0 Lakhs per year
Knorr-Bremse Team Lead Salary - ₹2.2 Lakhs to ₹12.6 Lakhs per year
Continental Team Lead Salary - ₹2.5 Lakhs to ₹11.0 Lakhs per year
Autoliv Team Lead Salary - ₹2.3 Lakhs to ₹9.9 Lakhs per year
DENSO Team Lead Salary - ₹2.0 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Team Lead at Magna International in India?

The estimated take-home salary of a Team Lead at Magna International ranges between ₹52,963 per month to ₹54,210 per month in India. The take-home salary calculation is based on the average Magna International Team Lead salary in India which ranges between ₹2.2 Lakhs to ₹10.6 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Team Lead at Magna International?

According to AmbitionBox, 63% of the Magna International Team Leads reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Magna International Team Lead Salaries

Magna International Team Lead salary in India ranges between ₹2.2 Lakhs to ₹10.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Magna International latest salaries received from various employees of Magna International.