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...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.
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Annual salary range
Select experience
₹9.7
Lakhs - ₹12.4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Companies similar to Magna Steyr for Development Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Motors Development Engineer Salary
0 - 10 years exp. (7 salaries) |  ₹1 L/yr - ₹11.5 L/yr 
46%
less | |
 Mahindra & Mahindra Development Engineer Salary
1 - 8 years exp. (13 salaries) | ₹2 L/yr - ₹9 L/yr
57%
less | |
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| ||
 Ashok Leyland Development Engineer Salary
1 - 6 years exp. (10 salaries) | ₹2.5 L/yr - ₹4 L/yr
69%
less | |
 Bajaj Auto Development Engineer Salary
10 - 15 years exp. (7 salaries) | ₹7 L/yr - ₹10.2 L/yr
23%
less | |
 TVS Motor Development Engineer Salary
0 - 5 years exp. (39 salaries) | ₹1.8 L/yr - ₹7.7 L/yr
65%
less | |
 Force Motors Development Engineer Salary
2 - 3 years exp. (4 salaries) | ₹4.2 L/yr - ₹5.5 L/yr
61%
less | |
 CNH Industrial Development Engineer Salary
2 - 4 years exp. (4 salaries) | ₹3.2 L/yr - ₹3.7 L/yr
70%
less | |
 Rolls-Royce Development Engineer Salary
3 - 9 years exp. (3 salaries) | ₹9.1 L/yr - ₹50 L/yr 
114%
more | 1 job opening |
Development Engineer salary at Magna Steyr ranges between ₹9.7
Lakhs
to ₹12.4
Lakhs
per year for employees with 6 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of Magna Steyr.
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a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Magna Steyr Development Engineer salary in India ranges between ₹9.7 Lakhs to ₹12.4 Lakhs. This is an estimate based on latest salaries received from employees of Magna Steyr.