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Magna International Trainee salaries in Chennai (Updated 2025)

Annual salary range
0 - 5 years exp.
₹1.3 Lakh - ₹2 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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24% less than the average Trainee Salary in Auto Components Companies for 0 - 5 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Trainee Salary
1 - 4 years exp. (3 salaries)
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₹1.3 L/yr - ₹2 L/yr

Procurement & Supply Chain
Trainee Salary
0 - 5 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2 L/yr

Last Updated: 11 Jan 2025

Companies similar to Magna International for Trainee in Chennai

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Magna International Trainee Salary

0 - 5 years exp. (5 salaries)

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₹1.3 L/yr - ₹2 L/yr

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Company name Avg Annual Salary Open Jobs
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Faurecia Trainee Salary

0 - 3 years exp. (22 salaries)

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₹1 L/yr - ₹2.5 L/yr

arrow icon 10% more
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Valeo Trainee Salary

0 - 6 years exp. (14 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 34% more
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Michelin Trainee Salary

1 year exp. (9 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 60% more
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Dana India Trainee Salary

1 - 3 years exp. (6 salaries)

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₹1.3 L/yr - ₹2.5 L/yr

arrow icon 16% more
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ZF Friedrichshafen Trainee Salary

0 - 2 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.2 L/yr

arrow icon 16% more
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Bosch Trainee Salary

0 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹4 L/yr

arrow icon 51% more
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Yazaki Trainee Salary

0 - 3 years exp. (4 salaries)

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₹1.9 L/yr - ₹2.4 L/yr

arrow icon 15% more
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ANTOLIN Trainee Salary

1 - 7 years exp. (3 salaries)

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₹1 L/yr - ₹2.2 L/yr

arrow icon 5% more
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Hitachi Automotive Systems Trainee Salary

0 - 2 years exp. (3 salaries)

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₹1.4 L/yr - ₹2 L/yr

arrow icon 10% more
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Nexteer Automotive Trainee Salary

0 - 4 years exp. (3 salaries)

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₹1.9 L/yr - ₹2.5 L/yr

arrow icon 24% more
Trainee salary at Magna International ranges between ₹1.3 Lakh to ₹2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Trainee in Chennai

2mo ago
₹2 Lakhs
5 years exp.
7mo ago
₹2 Lakhs
2 years exp.
1y ago
₹1.8 Lakh
1 year exp.
1y ago
₹1.8 Lakh
2 months exp.

Experience wise Magna International Trainee salaries in Chennai

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
View all

Similar Designation salaries in Magna International

Senior Engineer Salary
(18 salaries)
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₹5.25 L/yr - ₹11.63 L/yr

Salary related reviews for Magna International

2.8

Rated by 2 employees for salary & benefits

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.

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.

read more
  • Salary - Bad
  • +1 more

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.

read more
  • Salary - Poor
  • +2 more

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.

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Dislikes

Everything.no growth or oppurtunity.No increments.

  • Salary - Bad
  • +6 more

Full Time

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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.

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  • Salary - Poor
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Magna International Trainee Salary FAQs

What is the salary of Trainee at Magna International in Chennai?
The average salary of a Trainee at Magna International in Chennai typically ranges from ₹1.3 Lakhs to ₹2.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Trainee in Chennai at Magna International earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Trainee 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 Trainee at Magna International in Chennai?
The estimated take-home salary of a Trainee at Magna International in Chennai typically ranges from ₹12,023 to ₹13,333 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from Fresher to 5 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.
Which companies offer higher salaries than Magna International for Trainee in India?
Michelin ₹2.5 Lakhs to ₹3.0 Lakhs per year
Bosch ₹2.1 Lakhs to ₹4.0 Lakhs per year
Valeo ₹1.5 Lakhs to ₹3.0 Lakhs per year
Nexteer Automotive ₹1.9 Lakhs to ₹2.5 Lakhs per year
Dana India ₹1.3 Lakhs to ₹2.5 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 Trainee in companies similar to Magna International in Chennai?
The salary of a Trainee at companies similar to Magna International in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ZF Friedrichshafen ₹1.8 Lakhs to ₹2.2 Lakhs per year
Yazaki ₹1.9 Lakhs to ₹2.4 Lakhs per year
Hitachi Automotive Systems ₹1.4 Lakhs to ₹2.0 Lakhs per year
Faurecia ₹1.0 Lakhs to ₹2.5 Lakhs per year
ANTOLIN ₹1.0 Lakhs to ₹2.2 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 Trainee at Magna International in Chennai?
The salary growth for a Trainee at Magna International in Chennai depends on factors such as experience, performance, and promotions. On average, a Trainee in Chennai can expect the following growth trajectory at Magna International:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹2.0 Lakhs per year
1 year ₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹2.0 Lakhs per year
and so on.

Tell us how to improve this page.

Magna International Trainee salary in Chennai ranges between ₹1.3 Lakh to ₹2 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.