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Magna International

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3.9

based on 703 Reviews

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Magna International Technical Lead salaries in Bangalore / Bengaluru

Annual salary range
10 - 13 years exp.
₹28 Lakhs - ₹39.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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83% more than the average Technical Lead Salary in Auto Components Companies for 10 - 13 years of experience

Interested in this particular role?

Last Updated: 18 Apr 2024

Companies similar to Magna International for Technical Lead in Bangalore / Bengaluru

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Magna International Technical Lead Salary

10 - 13 years exp. (5 salaries)
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₹28 L/yr - ₹39.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Continental Automotive Components Technical Lead Salary

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₹11.9 L/yr - ₹31 L/yr

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₹14.6 L/yr - ₹30.5 L/yr

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Borgwarner Emission System Technical Lead Salary

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Faurecia Technical Lead Salary

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ZF India Technology Center Technical Lead Salary

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Valeo Technical Lead Salary

9 - 13 years exp. (6 salaries)
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₹15 L/yr - ₹35 L/yr

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Nexteer Automotive Technical Lead Salary

6 - 12 years exp. (5 salaries)
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₹17 L/yr - ₹36 L/yr

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Technical Lead salary at Magna International ranges between ₹28 Lakhs to ₹39.7 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Technical Lead in Bangalore / Bengaluru

11mo ago
₹35 Lakhs
13 years exp.
1y ago
₹33.5 Lakhs
13 years exp.
1y ago
₹28 Lakhs
11 years exp.
1y ago
₹28 Lakhs
10 years exp.

Experience wise Magna International Technical Lead salaries in Bangalore / Bengaluru

Last Updated: 18 Apr 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹30.2 L/yr - ₹38.6 L/yr
11 years (AmbitionBox Estimate)

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₹31.6 L/yr - ₹40.3 L/yr
12 years (AmbitionBox Estimate)

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₹33 L/yr - ₹42.1 L/yr
13 years (AmbitionBox Estimate)

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₹34.4 L/yr - ₹43.9 L/yr

Similar Designation salaries in Magna International

Lead Engineer Salary
(12 salaries)
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₹13.5 L/yr - ₹20.8 L/yr
Project Manager Salary
(3 salaries)
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₹20 L/yr - ₹32 L/yr
Team Lead Salary
(3 salaries)
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₹10.73 L/yr - ₹17.38 L/yr
Technical Specialist Salary
(3 salaries)
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₹12.5 L/yr - ₹30 L/yr

Top skills at Magna International for Technical Lead

Quality Check Ethernet Technical Lead Electronics and Communication Typing pre - commissioning Event Management SCM Mechanical Desktop social research macromedia flash mx stock planning Microcontroller PV Process Simulation

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.

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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.

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  • Salary - Poor
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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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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 Technical Lead Salary FAQs

What is the salary of Technical Lead at Magna International in Bangalore / Bengaluru?
The average salary of a Technical Lead at Magna International in Bangalore / Bengaluru typically ranges from ₹28.0 Lakhs to ₹39.7 Lakhs per year, depending on experience (from 10 years to 13 years).

The top 10% of Technical Lead in Bangalore / Bengaluru at Magna International earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Technical Lead 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 5 Magna International employees in India.
What is the estimated take home salary of a Technical Lead at Magna International in Bangalore / Bengaluru?
The estimated take-home salary of a Technical Lead at Magna International in Bangalore / Bengaluru typically ranges from ₹2,12,180 to ₹2,20,637 per month. This is based on the average salary range of ₹28.0 Lakhs to ₹39.7 Lakhs per year for employees with experience ranging from 10 years to 13 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 5 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 Technical Lead at Magna International in Bangalore / Bengaluru?
To be a Technical Lead at Magna International in Bangalore / Bengaluru, the key skills required include:

  • - Quality Check
  • - Ethernet
  • - Technical Lead
  • - Electronics and Communication
  • - Typing

These skills are highly valued at Magna International and are crucial for successful performance in a Software Engineering role.
What is the salary of a Technical Lead in companies similar to Magna International in Bangalore / Bengaluru?
The salary of a Technical Lead at companies similar to Magna International in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Valeo ₹15.0 Lakhs to ₹35.0 Lakhs per year
Continental Automotive Components ₹11.9 Lakhs to ₹31.0 Lakhs per year
Borgwarner Emission System ₹14.3 Lakhs to ₹30.0 Lakhs per year
Continental ₹14.6 Lakhs to ₹30.5 Lakhs per year
Nexteer Automotive ₹17.0 Lakhs to ₹36.0 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 Technical Lead at Magna International in Bangalore / Bengaluru?
The salary growth for a Technical Lead at Magna International in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Technical Lead in Bangalore / Bengaluru can expect the following growth trajectory at Magna International:

Experience Average Salary Range
10 years ₹30.2 Lakhs to ₹38.6 Lakhs per year
11 years ₹31.6 Lakhs to ₹40.3 Lakhs per year
12 years ₹33.0 Lakhs to ₹42.1 Lakhs per year
13 years ₹34.4 Lakhs to ₹43.9 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Technical Lead salary in Bangalore / Bengaluru ranges between ₹28 Lakhs to ₹39.7 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.