Magna International Welder Salaries by 6 Employees

1 - 13 years exp.

₹1.5 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Welder Salary in Auto Components Companies for 1 - 13 years of experience

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Last Updated: 15 Feb 2024

Companies similar to Magna International for Welder

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Welder Salary 4 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹4.8 L/yr 18% more
Tata Motors Welder Salary 0 - 5 years exp. (80 salaries)	₹0.9 L/yr - ₹4.5 L/yr 12% less
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Mahindra & Mahindra Welder Salary 1 - 6 years exp. (31 salaries)	₹1 L/yr - ₹4.2 L/yr 13% less
Ashok Leyland Welder Salary 0 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹7.4 L/yr 8% more
TVS Motor Welder Salary 0 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr 18% less
Hero MotoCorp Welder Salary 1 - 6 years exp. (10 salaries)	₹1.5 L/yr - ₹2.9 L/yr At par
Maruti Suzuki Welder Salary 0 - 4 years exp. (47 salaries)	₹1.3 L/yr - ₹4.5 L/yr 11% more
Bajaj Auto Welder Salary 5 - 10 years exp. (3 salaries)	₹1.5 L/yr - ₹4.5 L/yr 11% more
Eicher Motors Welder Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3.5 L/yr 27% more
Force Motors Welder Salary 2 - 4 years exp. (4 salaries)	₹0.5 L/yr - ₹6 L/yr 41% less
Tenneco Welder Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.2 L/yr 16% less
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Faurecia Welder Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 3% more
JTEKT Welder Salary 6 - 10 years exp. (4 salaries)	₹2.1 L/yr - ₹3.4 L/yr 10% more
Autoliv Welder Salary 2 - 6 years exp. (3 salaries)	₹1.4 L/yr - ₹3.6 L/yr 14% more
Yazaki Welder Salary 1 - 5 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 94% less

Welder salary at Magna International ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 6 latest salaries received from various employees of Magna International.

Experience wise Magna International Welder salaries

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
8 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.8 L/yr
9 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
12 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.8 L/yr
13 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Magna International

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₹1.1 L/yr - ₹2.05 L/yr

Supervisor Salary

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₹3 L/yr - ₹3.12 L/yr

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₹2.35 L/yr - ₹5.1 L/yr

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₹2.05 L/yr - ₹3 L/yr

Electrician Salary

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Service Engineer Salary

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Salary related reviews for Magna International

2.4

Rated by 2 employees for salary & benefits

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

Technical Lead - ISTQB Certified Automotive SW Test Specialist : SW VERIFICATION in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 06 Sep 2023

5.0

for Salary and Benefits

Likes

1) good leadership 2) great opportunities 3) yearly bonus & increments 4) hybrid work model 5) Will get chance to work on latest ADAS projects

Salary - Excellent

+6 more

Dislikes

1) less on site opportunities 2) work life balance is difficult 3)very less trainings

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Magna International Welder Salary FAQs

What is the salary of Welder at Magna International?

Welder salary at Magna International in India ranges between ₹1.5 Lakhs to ₹3.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 12% less than the average Welder Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magna International India.

How does the salary of a Welder at Magna International India compare with the average salary range for this job?

The average salary of a Welder at Magna International is 12% less than the average salary of a Welder in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna International to a Welder in India?

Eicher Motors Welder Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Bharat Forge Welder Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
Autoliv Welder Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year
Maruti Suzuki Welder Salary - ₹1.3 Lakhs to ₹4.5 Lakhs per year
Bajaj Auto Welder Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Welder in companies similar to Magna International in India?

JTEKT Welder Salary - ₹2.1 Lakhs to ₹3.4 Lakhs per year
Ashok Leyland Welder Salary - ₹1.2 Lakhs to ₹7.4 Lakhs per year
Faurecia Welder Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Hero MotoCorp Welder Salary - ₹1.5 Lakhs to ₹2.9 Lakhs per year
Tata Motors Welder Salary - ₹0.9 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Welder at Magna International in India?

The estimated take-home salary of a Welder at Magna International ranges between ₹17,677 per month to ₹19,375 per month in India. The take-home salary calculation is based on the average Magna International Welder salary in India which ranges between ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Welder at Magna International?

According to AmbitionBox, 50% of the Magna International Welders reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Magna International Welder Salaries

Magna International Welder salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magna International latest salaries received from various employees of Magna International.