Magna International Team Member Salaries by 4 Employees

3 - 7 years exp.

₹1.8 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Team Member Salary in Auto Components Companies for 3 - 7 years of experience

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Last Updated: 10 Feb 2024

Companies similar to Magna International for Team Member

Company name	Avg Annual Salary	Open Jobs
Tata Motors Team Member Salary 0 - 10 years exp. (138 salaries)	₹1.7 L/yr - ₹5.5 L/yr 58% more
Mahindra & Mahindra Team Member Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr 14% more
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Ashok Leyland Team Member Salary 2 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr 51% more
TVS Motor Team Member Salary 3 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹2.2 L/yr 7% more
Hero MotoCorp Team Member Salary 1 - 7 years exp. (28 salaries)	₹1.2 L/yr - ₹5 L/yr 25% more
Maruti Suzuki Team Member Salary 0 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.1 L/yr 45% more	1 job opening
Bajaj Auto Team Member Salary 1 - 18 years exp. (7 salaries)	₹1.9 L/yr - ₹6.5 L/yr 113% more
Continental Team Member Salary 1 - 8 years exp. (24 salaries)	₹2.5 L/yr - ₹4.2 L/yr 68% more	2 job openings
Bosch Team Member Salary 2 - 11 years exp. (9 salaries)	₹2.5 L/yr - ₹6 L/yr 121% more	2 job openings
Continental Automotive Components Team Member Salary 2 - 4 years exp. (4 salaries)	₹2.8 L/yr - ₹4.5 L/yr 77% more
Michelin Team Member Salary 3 - 5 years exp. (4 salaries)	₹2.9 L/yr - ₹2.9 L/yr 43% more
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Valeo Team Member Salary 2 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr 24% more
Yazaki Team Member Salary 2 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹2.2 L/yr 1% less
Nexteer Automotive Team Member Salary 1 - 5 years exp. (3 salaries)	₹1 L/yr - ₹2.5 L/yr 8% less
DENSO Team Member Salary 3 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹2 L/yr 5% less

Team Member salary at Magna International ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Team Member salaries

Last Updated: 10 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.8 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary

(88 salaries)

₹4.76 L/yr - ₹20.33 L/yr

Team Lead Salary

(52 salaries)

₹7.48 L/yr - ₹13.89 L/yr

Deputy Manager Salary

(32 salaries)

₹10.8 L/yr - ₹24 L/yr

Senior Leader Engineer Salary

(28 salaries)

₹15.31 L/yr - ₹33 L/yr

Associate Engineer Salary

(15 salaries)

₹4.75 L/yr - ₹9 L/yr

Engineering Manager Salary

(14 salaries)

₹20 L/yr - ₹41.8 L/yr

Graduate Engineer Salary

(14 salaries)

₹3.5 L/yr - ₹6 L/yr

Trainee Salary

(13 salaries)

₹1.1 L/yr - ₹2.05 L/yr

Project Manager Salary

(11 salaries)

₹12 L/yr - ₹32 L/yr

Program Manager Salary

(9 salaries)

₹3.5 L/yr - ₹24.71 L/yr

Salary related reviews for Magna International

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.

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.

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.

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.

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.

Salary - Poor

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

Salary - Excellent

+6 more

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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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Magna International Team Member Salary FAQs

What is the salary of Team Member at Magna International ?

The average salary of a Team Member at Magna International in India typically ranges from ₹1.8 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Team Member at Magna International earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Team Member 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 Team Member at Magna International in India?

The estimated take-home salary of a Team Member at Magna International in India typically ranges from ₹13,770 to ₹15,231 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 3 years to 7 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.

Which companies offer higher salaries than Magna International for Team Member in India?

Bosch	₹2.5 Lakhs to ₹6.0 Lakhs per year
Bajaj Auto	₹1.9 Lakhs to ₹6.5 Lakhs per year
Continental Automotive Components	₹2.8 Lakhs to ₹4.5 Lakhs per year
Continental	₹2.5 Lakhs to ₹4.2 Lakhs per year
Tata Motors	₹1.7 Lakhs to ₹5.5 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 Team Member in companies similar to Magna International in India?

The salary of a Team Member at companies similar to Magna International in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ashok Leyland	₹1.5 Lakhs to ₹3.5 Lakhs per year
Maruti Suzuki	₹1.8 Lakhs to ₹3.1 Lakhs per year
Michelin	₹2.9 Lakhs to ₹2.9 Lakhs per year
Hero MotoCorp	₹1.2 Lakhs to ₹5.0 Lakhs per year
Valeo	₹2.1 Lakhs to ₹3.0 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 Team Member at Magna International in India?

The salary growth for a Team Member at Magna International depends on factors such as experience, performance, and promotions. On average, a Team Member can expect the following growth trajectory at Magna International:

Experience	Average Salary Range
3 years	₹1.8 Lakhs to ₹3.4 Lakhs per year
4 years	₹1.8 Lakhs to ₹3.5 Lakhs per year
5 years	₹0.8 Lakhs to ₹2.8 Lakhs per year
6 years	₹1.8 Lakhs to ₹2.4 Lakhs per year

and so on.

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Magna International Team Member Salaries

Magna International Team Member salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.