Magna International Pune Test Lead Salaries by 4 Employees

9 - 11 years exp.

₹15.6 Lakhs - ₹30.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% more than the average Test Lead Salary in Auto Components Companies for 9 - 11 years of experience

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Salaries in different departments

Project & Program Management Test Lead Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹15.7 L/yr
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Engineering - Software & QA Test Lead Salary 11 years exp. (AmbitionBox Estimate)	₹27.2 L/yr - ₹33.3 L/yr

Last Updated: 14 Mar 2023

Companies similar to Magna International for Test Lead in Pune

Magna International Test Lead Salary

9 - 11 years exp. (4 salaries)

₹15.6 L/yr - ₹30.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Tech Mahindra Test Lead Salary 7 - 17 years exp. (419 salaries)	₹7.5 L/yr - ₹26.5 L/yr 24% less
HCLTech Test Lead Salary 4 - 13 years exp. (253 salaries)	₹7 L/yr - ₹26.5 L/yr 23% less	1 job opening
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Accenture Test Lead Salary 6 - 13 years exp. (250 salaries)	₹8 L/yr - ₹25 L/yr 19% less
Wipro Test Lead Salary 6 - 15 years exp. (239 salaries)	₹7.8 L/yr - ₹30 L/yr 15% less	2 job openings
Infosys Test Lead Salary 5 - 15 years exp. (231 salaries)	₹5.5 L/yr - ₹19.4 L/yr 39% less	17 job openings

Test Lead salary at Magna International ranges between ₹15.6 Lakhs to ₹30.3 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Magna International.

Experience wise Magna International Test Lead salaries in Pune

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.8 L/yr
10 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
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11 years (AmbitionBox Estimate)	₹27.2 L/yr - ₹34.8 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary

(63 salaries)

₹5.27 L/yr - ₹17.97 L/yr

Technical Lead Salary

(43 salaries)

₹16.5 L/yr - ₹46.37 L/yr

System Engineer Salary

(7 salaries)

₹7 L/yr - ₹17.4 L/yr

QA Engineer Salary

(6 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Test Engineer Salary

(6 salaries)

₹5.8 L/yr - ₹7.8 L/yr

Top skills at Magna International for Test Lead

Ethernet Quality Check ModelSim Python MS SQL SCM XML Mechanical Desktop Debugging VSWR Eclipse C++ Postgresql CMMI

Salary related reviews for Magna International

Quality Engineer in Talegaon Dabhade

Production, Manufacturing & Engineering Department

3.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

I like because its first opportunity to learn something its was my hope

Dislikes

My dislike reason is: First salary problem my job on 2 year contact base so no pay on date miss Overtime pay our contact hr alway stay to us all bsa employees first shift every wednesday of all week for formality 3to5 no bus required Second is not good behaviour of parmanent staff Our bsa hr and company staff say to some bsa employees including me you all come sunday for extra skill of learning about robot But we all sunday clean robot

Skill development - Bad

+4 more

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

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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 Test Lead Salary FAQs

What is the salary of Test Lead at Magna International in Pune?

The average salary of a Test Lead at Magna International in Pune typically ranges from ₹15.6 Lakhs to ₹30.3 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Test Lead in Pune at Magna International earn more than ₹30.3 Lakhs per year, and the top 1% earn over ₹30.3 Lakhs per year. Test 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 4 Magna International employees in India.

What is the estimated take home salary of a Test Lead at Magna International in Pune?

The estimated take-home salary of a Test Lead at Magna International in Pune typically ranges from ₹1,34,419 to ₹1,39,360 per month. This is based on the average salary range of ₹15.6 Lakhs to ₹30.3 Lakhs per year for employees with experience ranging from 9 years to 11 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 Test Lead at Magna International in Pune?

To be a Test Lead at Magna International in Pune, the key skills required include:

- Ethernet
- Quality Check
- ModelSim
- Python
- MS SQL

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 Test Lead in companies similar to Magna International in Pune?

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

Wipro	₹7.8 Lakhs to ₹30.0 Lakhs per year
Accenture	₹8.0 Lakhs to ₹25.0 Lakhs per year
HCLTech	₹7.0 Lakhs to ₹26.5 Lakhs per year
Tech Mahindra	₹7.5 Lakhs to ₹26.5 Lakhs per year
Infosys	₹5.5 Lakhs to ₹19.4 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 Test Lead at Magna International in Pune?

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

Experience	Average Salary Range
9 years	₹16.2 Lakhs to ₹20.8 Lakhs per year
10 years	₹14.1 Lakhs to ₹18.0 Lakhs per year
11 years	₹27.2 Lakhs to ₹34.8 Lakhs per year

and so on.

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Magna International Test Lead Salaries in Pune

Magna International Test Lead salary in Pune ranges between ₹15.6 Lakhs to ₹30.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Magna International latest salaries received from various employees of Magna International.