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Magna International Trainee salaries in Pune

Annual salary range
0 - 3 years exp.
₹1.1 Lakh - ₹2.8 Lakhs
Salary of majority employees
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18% less than the average Trainee Salary in Auto Components Companies for 0 - 3 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Trainee Salary
1 - 3 years exp. (4 salaries)
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₹1.1 L/yr - ₹2 L/yr

Procurement & Supply Chain
Trainee Salary
Fresher (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

Last Updated: 1 Nov 2024

Companies similar to Magna International for Trainee in Pune

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Magna International Trainee Salary

0 - 3 years exp. (6 salaries)

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₹1.1 L/yr - ₹2.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bharat Forge Trainee Salary

1 - 5 years exp. (37 salaries)

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₹1.5 L/yr - ₹3 L/yr

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Tata Motors Trainee Salary

0 - 5 years exp. (117 salaries)

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₹0.8 L/yr - ₹3.5 L/yr

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Mahindra & Mahindra Trainee Salary

0 - 4 years exp. (54 salaries)

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₹0.9 L/yr - ₹3 L/yr

At par
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Bajaj Auto Trainee Salary

0 - 3 years exp. (60 salaries)

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₹1 L/yr - ₹2.7 L/yr

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Force Motors Trainee Salary

0 - 4 years exp. (55 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

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Bosch Chassis Systems Trainee Salary

0 - 5 years exp. (133 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 12% more
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Bosch Trainee Salary

0 - 4 years exp. (36 salaries)

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₹1.4 L/yr - ₹3 L/yr

arrow icon 24% more
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Valeo Trainee Salary

1 - 7 years exp. (24 salaries)

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₹1 L/yr - ₹3.5 L/yr

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Dana India Trainee Salary

0 - 3 years exp. (18 salaries)

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₹1.5 L/yr - ₹2.6 L/yr

arrow icon 11% more
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Yazaki Trainee Salary

0 - 4 years exp. (17 salaries)

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₹1.4 L/yr - ₹2.6 L/yr

arrow icon 2% more
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Faurecia Trainee Salary

0 - 3 years exp. (15 salaries)

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₹1.2 L/yr - ₹2.2 L/yr

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Tenneco Trainee Salary

0 - 2 years exp. (6 salaries)

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₹1.2 L/yr - ₹2.1 L/yr

At par
Trainee salary at Magna International ranges between ₹1.1 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Magna International.

Latest annual salaries shared by Magna International Trainee in Pune

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Experience wise Magna International Trainee salaries in Pune

Last Updated: 1 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.5 L/yr
1 year  (3 salaries)

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₹1.1 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.8 L/yr

Similar Designation salaries in Magna International

Senior Engineer Salary
(60 salaries)
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₹4.2 L/yr - ₹14.04 L/yr
Technical Lead Salary
(36 salaries)
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₹16.5 L/yr - ₹46.37 L/yr
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₹5 L/yr - ₹14.49 L/yr
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₹5.5 L/yr - ₹15 L/yr
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₹7 L/yr - ₹17.4 L/yr

Salary related reviews for Magna International

2.4

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

 · 

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
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Magna International Trainee Salary FAQs

What is the salary of Trainee at Magna International Pune?
Trainee salary at Magna International in Pune ranges between ₹1.1 Lakhs to ₹2.8 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 18% less than the average Trainee Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magna International Pune.
How does the salary of a Trainee at Magna International Pune compare with the average salary range for this job?
The average salary of a Trainee at Magna International is 18% less than the average salary of a Trainee in Pune. To know exact salary insights, login to view.
Which similar companies are paying more than Magna International to a Trainee in Pune?
  • Bosch Trainee Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year
  • Valeo Trainee Salary - ₹1.0 Lakhs to ₹3.5 Lakhs per year
  • Bharat Forge Trainee Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • Bosch Chassis Systems Trainee Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
  • Dana India Trainee Salary - ₹1.5 Lakhs to ₹2.6 Lakhs per year
What is the salary of a Trainee in companies similar to Magna International in Pune?
  • Force Motors Trainee Salary - ₹1.5 Lakhs to ₹2.6 Lakhs per year
  • Faurecia Trainee Salary - ₹1.2 Lakhs to ₹2.2 Lakhs per year
  • Yazaki Trainee Salary - ₹1.4 Lakhs to ₹2.6 Lakhs per year
  • Bajaj Auto Trainee Salary - ₹1.0 Lakhs to ₹2.7 Lakhs per year
  • Tenneco Trainee Salary - ₹1.2 Lakhs to ₹2.1 Lakhs per year
What is the estimated take home salary of a Trainee at Magna International in Pune?
The estimated take-home salary of a Trainee at Magna International ranges between ₹13,482 per month to ₹14,918 per month in Pune. The take-home salary calculation is based on the average Magna International Trainee salary in India which ranges between ₹1.1 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Trainee at Magna International in Pune?
According to AmbitionBox, 40% of the Magna International Trainees in Pune reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magna International Trainee salary in Pune ranges between ₹1.1 Lakh to ₹2.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Magna International latest salaries received from various employees of Magna International.