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Magna Steyr

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4.2

based on 104 Reviews

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Magna Steyr Salaries in India

based on 832 latest salaries
Explore Salaries by Departments
Research & Development Engineering - Software & QA Production, Manufacturing & Engineering Human Resources + 6 more
Designation Avg Annual Salary Open Jobs

Design Engineer

2 - 10 years exp. (213 salaries)
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₹4.2 L/yr - ₹18.5 L/yr

Senior Design Engineer

7 - 10 years exp. (109 salaries)
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₹7.2 L/yr - ₹18.5 L/yr

Senior Engineer

4 - 9 years exp. (36 salaries)
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₹8.5 L/yr - ₹27 L/yr

Lead Engineer

8 - 13 years exp. (31 salaries)
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₹12.7 L/yr - ₹22 L/yr

Starting your career? Discover Magna Steyr fresher salaries in India

Associate Engineer

1 - 3 years exp. (26 salaries)
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₹3.8 L/yr - ₹7 L/yr

Team Lead

6 - 13 years exp. (13 salaries)
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₹13.2 L/yr - ₹19.3 L/yr

Graduate Engineer Trainee (Get)

0 - 1 year exp. (13 salaries)
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₹3.2 L/yr - ₹3.8 L/yr

Senior Leader Engineer

11 - 20 years exp. (12 salaries)
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₹13 L/yr - ₹37 L/yr

CAE Analyst

3 - 7 years exp. (9 salaries)
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₹5.5 L/yr - ₹13.3 L/yr

Associate Design Engineer

1 - 3 years exp. (7 salaries)
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₹3.7 L/yr - ₹4.8 L/yr

Senior Team Leader

11 - 14 years exp. (6 salaries)
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₹10 L/yr - ₹21 L/yr

Senior CAE Engineer

6 - 9 years exp. (6 salaries)
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₹9 L/yr - ₹12.3 L/yr

Mechanical Engg. Design

3 - 12 years exp. (6 salaries)
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₹4 L/yr - ₹18.4 L/yr

Senior Analyst

6 - 9 years exp. (5 salaries)
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₹10.4 L/yr - ₹14.5 L/yr

Senior Software Engineer

5 - 9 years exp. (5 salaries)
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₹16 L/yr - ₹29.6 L/yr

Software Engineer

2 - 6 years exp. (5 salaries)
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₹4 L/yr - ₹21.5 L/yr

Verification & Validation Engineer

2 - 7 years exp. (5 salaries)
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₹6.5 L/yr - ₹8 L/yr

Softwaretest Engineer

2 - 6 years exp. (5 salaries)
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₹4 L/yr - ₹11.1 L/yr

Hil Test Engineer

3 - 4 years exp. (5 salaries)
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₹10 L/yr - ₹15 L/yr

Lead Analyst

10 - 12 years exp. (4 salaries)
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₹15 L/yr - ₹19 L/yr

Last Updated: 20 Feb, 2025

Top trending discussions

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fisherwoman
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Onething
Salary negotiation
Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!
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Salary related reviews for Magna Steyr

3.8

Rated by 104 employees for salary & benefits

Design Engineer in Pune

Research & Development Department

5.0
  •  posted on 21 Aug 2018
3.0
 for  Salary and Benefits

Likes

...o learn. I started my career as fresher in magna and now I know how lucky i was. I only left magna for salary hike and to check whether other companies are as good as magna or not. And now I know magna is best.

read more
  • Skill development - Good
    • +5 more

Dislikes

Even though for freshers increment % is good but because of initial low package it doesn't make big difference.

Team Manager in Bavdhan, Pune

Full Time

 · 

Procurement & Supply Chain Department

5.0
  •  posted on 23 Dec 2024
5.0
 for  Salary and Benefits

Likes

Getting good exposure considering the versatile engineering project. Work freedom, also the open door policy where you can talk directly with anyone for your concerns. Good cultured organization.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Office location & ambiance

Engineer in Pune

Research & Development Department

5.0
  •  posted on 27 Jun 2022
4.0
 for  Salary and Benefits

Likes

Work life balance is excellent Teammates are supportive and job security is best in class

  • Salary - Good
    • +4 more

Dislikes

There is politics and you may face it in any company so it’s not new for me if anyone decides to go against manager then he will be targeted

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see more salary related reviews

Magna Steyr interview questions by designations

Design Engineer (3)Software Engineer (1)Senior Design Engineer (1)
View all 5 interview experiences
More about working at Magna Steyr

Magna Steyr Salary FAQs

How much does Magna Steyr pay per year?
The average Magna Steyr salary ranges from approximately ₹3.2 Lakhs to ₹3.8 Lakhs per year for a Graduate Engineer Trainee (Get) and ₹13 Lakhs to ₹37 Lakhs per year for a Senior Leader Engineer. Salary estimates are based on 832 Magna Steyr salaries received from various employees of Magna Steyr. Magna Steyr employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in Magna Steyr?
The highest-paying job at Magna Steyr is a Senior Leader Engineer with a salary of ₹13 Lakhs to ₹37 Lakhs per year. The top 10% of employees earn more than ₹19.70 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Magna Steyr?
Minimum salary at Magna Steyr depends on the role you are applying for. For Graduate Engineer Trainee (Get) the minimum salary is ₹3.2 Lakhs to ₹3.8 Lakhs per year, and for Associate Engineer the minimum salary is ₹3.8 Lakhs to ₹7 Lakhs per year and so on.
What is the salary package for freshers in Magna Steyr?
The average salary at Magna Steyr for freshers is ₹3.6 Lakhs per year for Graduate Engineer Trainee (Get).
What is the notice period at Magna Steyr?
According to AmbitionBox, 77% of the Magna Steyr employees reported a notice period of 3 Months, 10% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 374 responses on AmbitionBox in last 2 years.

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Magna Steyr Salaries by Location

Magna Steyr Salaries by Department

Average annual salary in Magna Steyr is INRunlock blur . Salary estimates are based on 832 Magna Steyr latest salaries received from various employees of Magna Steyr.

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