Magna Steyr Pune Associate Engineer Salaries by 20+ Employees (Updated 2024)

1 - 3 years exp.

₹3.8 Lakhs - ₹6.9 Lakhs

Salary of majority employees

11% more than the average Associate Engineer Salary in Automobile Companies for 1 - 3 years of experience

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Salaries in different departments

Research & Development Associate Engineer Salary 2 - 3 years exp. (17 salaries)	₹3.8 L/yr - ₹6.9 L/yr
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Engineering - Software & QA Associate Engineer Salary 1 - 3 years exp. (3 salaries)	₹4.8 L/yr - ₹6.8 L/yr

Last Updated: 5 Nov 2024

Companies similar to Magna Steyr for Associate Engineer in Pune

Magna Steyr Associate Engineer Salary

1 - 3 years exp. (21 salaries)

₹3.8 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Associate Engineer Salary 1 - 8 years exp. (68 salaries)	₹1.5 L/yr - ₹4.3 L/yr 47% less
Mahindra & Mahindra Associate Engineer Salary 3 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹4.8 L/yr 53% less
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Bajaj Auto Associate Engineer Salary 2 - 7 years exp. (3 salaries)	₹2.5 L/yr - ₹4.8 L/yr 37% less
Tata Communications Associate Engineer Salary 0 - 4 years exp. (665 salaries)	₹1 L/yr - ₹5.3 L/yr 54% less
Deutsche Bank Associate Engineer Salary 2 - 11 years exp. (241 salaries)	₹10.9 L/yr - ₹32 L/yr 230% more	1 job opening

Associate Engineer salary at Magna Steyr ranges between ₹3.8 Lakhs to ₹6.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 21 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Associate Engineer salaries in Pune

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.8 L/yr
2 years (9 salaries)	₹4 L/yr - ₹6.5 L/yr
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3 years (11 salaries)	₹3.8 L/yr - ₹6.9 L/yr

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(24 salaries)

₹10.5 L/yr - ₹27 L/yr

Lead Engineer Salary

(23 salaries)

₹12.7 L/yr - ₹20.55 L/yr

Team Lead Salary

(5 salaries)

₹14 L/yr - ₹18 L/yr

Senior Software Engineer Salary

(5 salaries)

₹16 L/yr - ₹29.6 L/yr

Salary related reviews for Magna Steyr

3.8

Rated by 4 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.

Dislikes

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

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

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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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna Steyr Associate Engineer Salary FAQs

What is the salary of Associate Engineer at Magna Steyr Pune?

Associate Engineer salary at Magna Steyr in Pune ranges between ₹3.8 Lakhs to ₹6.9 Lakhs for experience between 1 years to 3 years. According to our estimates it is 11% more than the average Associate Engineer Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Magna Steyr Pune.

How does the salary of a Associate Engineer at Magna Steyr Pune compare with the average salary range for this job?

The average salary of a Associate Engineer at Magna Steyr is 11% more than the average salary of a Associate Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Magna Steyr to a Associate Engineer in Pune?

Deutsche Bank Associate Engineer Salary - ₹10.9 Lakhs to ₹32.0 Lakhs per year

What is the salary of a Associate Engineer in companies similar to Magna Steyr in Pune?

Bajaj Auto Associate Engineer Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
Tata Motors Associate Engineer Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
Mahindra & Mahindra Associate Engineer Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year
Tata Communications Associate Engineer Salary - ₹1.0 Lakhs to ₹5.3 Lakhs per year

What is the estimated take home salary of a Associate Engineer at Magna Steyr in Pune?

The estimated take-home salary of a Associate Engineer at Magna Steyr ranges between ₹46,198 per month to ₹47,293 per month in Pune. The take-home salary calculation is based on the average Magna Steyr Associate Engineer salary in India which ranges between ₹3.8 Lakhs to ₹6.9 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Associate Engineer at Magna Steyr in Pune?

According to AmbitionBox, 89% of the Magna Steyr Associate Engineers in Pune reported a notice period of 3 Months, 11% reported a notice period of 2 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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Magna Steyr Associate Engineer Salaries in Pune

Magna Steyr Associate Engineer salary in Pune ranges between ₹3.8 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Magna Steyr latest salaries received from various employees of Magna Steyr.