Magna International Pune IT Engineer Salaries by 2 Employees

4 - 8 years exp.

₹3.9 Lakhs - ₹5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 15 Mar 2023

Companies similar to Magna International for IT Engineer in Pune

Magna International IT Engineer Salary

4 - 8 years exp. (AmbitionBox Estimate)

₹3.9 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Gaya Software & Technology IT Engineer Salary 1 - 3 years exp. (31 salaries)	₹1.8 L/yr - ₹2.4 L/yr 51% less
Stark Technology and Staffing Solutions IT Engineer Salary 1 - 3 years exp. (24 salaries)	₹1.8 L/yr - ₹2.4 L/yr 53% less
Login to view exact salary
Landmark Techedge IT Engineer Salary 0 - 3 years exp. (18 salaries)	₹2 L/yr - ₹2.4 L/yr 47% less
TCS IT Engineer Salary 2 - 8 years exp. (13 salaries)	₹3 L/yr - ₹7.2 L/yr 39% more
Netcracker Technology IT Engineer Salary 4 - 8 years exp. (12 salaries)	₹4.2 L/yr - ₹8 L/yr 42% more

IT Engineer salary at Magna International ranges between ₹3.9 Lakhs to ₹5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Magna International.

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Salary related reviews for Magna International

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

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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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Magna International IT Engineer Salary FAQs

How the salary growth look like for a IT Engineer at Magna International in Pune?

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

Experience	Average Salary Range
4 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
5 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.0 Lakhs per year
7 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Magna International IT Engineer Salaries in Pune

Magna International IT Engineer salary in Pune ranges between ₹3.9 Lakhs to ₹5 Lakhs. This is an estimate based on latest salaries received from employees of Magna International.