Magna International Chennai Tool Maker Salaries by 3 Employees

4 - 6 years exp.

₹2.4 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

24% more than the average Tool Maker Salary in Auto Components Companies for 4 - 6 years of experience

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Last Updated: 11 Mar 2023

Companies similar to Magna International for Tool Maker in Chennai

Magna International Tool Maker Salary

4 - 6 years exp. (3 salaries)

₹2.4 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
INTERPLEX Tool Maker Salary 1 - 7 years exp. (16 salaries)	₹2.1 L/yr - ₹3.6 L/yr 15% less
Lucas-TVS Tool Maker Salary 0 - 3 years exp. (14 salaries)	₹0.9 L/yr - ₹2.4 L/yr 42% less
Login to view exact salary
ELTA TOOLS AND DIES Tool Maker Salary 1 - 6 years exp. (10 salaries)	₹1.7 L/yr - ₹2.4 L/yr 38% less
CTM India Limited Tool Maker Salary 0 - 5 years exp. (10 salaries)	₹2.2 L/yr - ₹4 L/yr 25% less
Mudhra fine blanc Tool Maker Salary 0 - 10 years exp. (8 salaries)	₹2.2 L/yr - ₹6 L/yr 7% more

Tool Maker salary at Magna International ranges between ₹2.4 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Magna International.

Experience wise Magna International Tool Maker salaries in Chennai

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
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6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr

Similar Designation salaries in Magna International

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Tool Engineer Salary

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Trainee Salary

(5 salaries)

₹1.25 L/yr - ₹2 L/yr

Supervisor Salary

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₹2.84 L/yr - ₹3 L/yr

Technician Salary

(4 salaries)

₹2.35 L/yr - ₹5.1 L/yr

Tool & DIE Maker Salary

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₹1 L/yr - ₹2.5 L/yr

Salary related reviews for Magna International

2.0

Rated by 1 employees for salary & benefits

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

Design Engineer in Om Chambers, Bhosari, Pune

Research & Development Department

1.0

• posted on 18 May 2022

1.0

for Salary and Benefits

Likes

Nothing. Just you get your salary on time.

Dislikes

No job security. No standards they follow. Zero authority they have on their work. it is same as working in a service industry. Huge team politics issue, one person controls everyone. If you are among his favourite people you get everything otherwise no matter how much you work you will get nothing. Most of people in Magna work on saturday also even though it is weekly off. Managers force you to work on weekends. If you want training then you have to invest your personal time that is on saturdays. Means you are wasting your personal time for company benefits.

Salary - Bad

+6 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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Magna International Tool Maker Salary FAQs

How the salary growth look like for a Tool Maker at Magna International in Chennai?

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

Experience	Average Salary Range
4 years	₹2.4 Lakhs to ₹5.5 Lakhs per year
5 years	₹1.3 Lakhs to ₹3.7 Lakhs per year
6 years	₹1.4 Lakhs to ₹3.7 Lakhs per year

and so on.

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Magna International Tool Maker Salaries in Chennai

Magna International Tool Maker salary in Chennai ranges between ₹2.4 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Magna International latest salaries received from various employees of Magna International.