Magna Steyr Graduate Engineer Trainee (Get) Salaries by 10+ Employees

0 - 1 year exp.

₹3.2 Lakhs - ₹3.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Graduate Engineer Trainee (Get) Salary in Automobile Companies for 0 - 1 year of experience

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Salaries in different departments

Engineering - Software & QA Graduate Engineer Trainee (Get) Salary 1 year exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.8 L/yr
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Research & Development Graduate Engineer Trainee (Get) Salary Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.8 L/yr

Last Updated: 7 Nov 2024

Companies similar to Magna Steyr for Graduate Engineer Trainee (Get)

Company name	Avg Annual Salary	Open Jobs
Plastic Omnium Graduate Engineer Trainee (Get) Salary 0 - 5 years exp. (53 salaries)	₹1.7 L/yr - ₹3.5 L/yr 37% less
Hyundai Motor India Limited Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (45 salaries)	₹1.5 L/yr - ₹9.5 L/yr 69% more
Login to view exact salary
Fukoku Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (22 salaries)	₹1.5 L/yr - ₹3 L/yr 40% less
CNH Industrial Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (16 salaries)	₹1 L/yr - ₹8 L/yr 15% more
Yamaha Motor Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (10 salaries)	₹2.2 L/yr - ₹8 L/yr 78% more
General Motors Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (9 salaries)	₹2.5 L/yr - ₹9.9 L/yr 49% more
Jaguar Land Rover Graduate Engineer Trainee (Get) Salary Fresher (8 salaries)	₹19.6 L/yr - ₹21.3 L/yr 472% more
MAN Truck & Bus Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (7 salaries)	₹2.7 L/yr - ₹3.3 L/yr 16% less
Volvo Graduate Engineer Trainee (Get) Salary Fresher (7 salaries)	₹3.8 L/yr - ₹7.5 L/yr 62% more
Applus IDIADA Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (7 salaries)	₹3.6 L/yr - ₹5 L/yr 15% more
MAHLE Engine Components Graduate Engineer Trainee (Get) Salary 1 - 4 years exp. (6 salaries)	₹1.4 L/yr - ₹2.2 L/yr 47% less
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Daimler Graduate Engineer Trainee (Get) Salary Fresher (6 salaries)	₹7.5 L/yr - ₹10 L/yr 142% more
Ford Motor Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (5 salaries)	₹1.2 L/yr - ₹5.8 L/yr 16% more
Audi Graduate Engineer Trainee (Get) Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3 L/yr 53% less
Benteler Automotive Graduate Engineer Trainee (Get) Salary 1 - 2 years exp. (4 salaries)	₹1.7 L/yr - ₹2.2 L/yr 45% less
Nissan Graduate Engineer Trainee (Get) Salary 0 - 1 year exp. (4 salaries)	₹4.3 L/yr - ₹5 L/yr 29% more

Graduate Engineer Trainee (Get) salary at Magna Steyr ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 13 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Graduate Engineer Trainee (Get) salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
Fresher (9 salaries)	₹3.2 L/yr - ₹3.8 L/yr
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1 year (4 salaries)	₹3.2 L/yr - ₹3.8 L/yr

Similar Designation salaries in Magna Steyr

Manager – Electrical Salary

(3 salaries)

₹16 L/yr - ₹28.5 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Electrical Technician Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Senior Instrument Engineer Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Technician Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Service Engineer Salary

(AmbitionBox Estimate)

₹20.1 L/yr - ₹25.6 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Engineer Mechanical Salary

(AmbitionBox Estimate)

₹10.4 L/yr - ₹13.2 L/yr

Instrument Engineer Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Salary related reviews for Magna Steyr

3.3

Rated by 3 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.

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.

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magna Steyr Graduate Engineer Trainee (Get) Salary FAQs

What is the salary of Graduate Engineer Trainee (Get) at Magna Steyr ?

The average salary of a Graduate Engineer Trainee (Get) at Magna Steyr in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from Fresher to 1 year).

The top 10% of Graduate Engineer Trainee (Get) at Magna Steyr earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Graduate Engineer Trainee (Get) Salaries at Magna Steyr can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Magna Steyr employees in India.

What is the estimated take home salary of a Graduate Engineer Trainee (Get) at Magna Steyr in India?

The estimated take-home salary of a Graduate Engineer Trainee (Get) at Magna Steyr in India typically ranges from ₹26,487 to ₹27,904 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from Fresher to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Magna Steyr. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Magna Steyr for Graduate Engineer Trainee (Get) in India?

Jaguar Land Rover	₹19.6 Lakhs to ₹21.3 Lakhs per year
Daimler	₹7.5 Lakhs to ₹10.0 Lakhs per year
Yamaha Motor	₹2.2 Lakhs to ₹8.0 Lakhs per year
Hyundai Motor India Limited	₹1.5 Lakhs to ₹9.5 Lakhs per year
Volvo	₹3.8 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Magna Steyr, depending on the role and experience level.

What is the salary of a Graduate Engineer Trainee (Get) in companies similar to Magna Steyr in India?

The salary of a Graduate Engineer Trainee (Get) at companies similar to Magna Steyr in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

General Motors	₹2.5 Lakhs to ₹9.9 Lakhs per year
Nissan	₹4.3 Lakhs to ₹5.0 Lakhs per year
Ford Motor	₹1.2 Lakhs to ₹5.8 Lakhs per year
CNH Industrial	₹1.0 Lakhs to ₹8.0 Lakhs per year
Applus IDIADA	₹3.6 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Graduate Engineer Trainee (Get) at Magna Steyr in India?

The salary growth for a Graduate Engineer Trainee (Get) at Magna Steyr depends on factors such as experience, performance, and promotions. On average, a Graduate Engineer Trainee (Get) can expect the following growth trajectory at Magna Steyr:

Experience	Average Salary Range
Fresher	₹3.2 Lakhs to ₹3.8 Lakhs per year
1 year	₹3.2 Lakhs to ₹3.8 Lakhs per year

and so on.

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Magna Steyr Graduate Engineer Trainee (Get) Salaries

Magna Steyr Graduate Engineer Trainee (Get) salary in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Magna Steyr latest salaries received from various employees of Magna Steyr.

Magna Steyr Graduate Engineer Trainee (Get) salaries in India

Companies similar to Magna Steyr for Graduate Engineer Trainee (Get)

Latest annual salaries shared by Magna Steyr Graduate Engineer Trainee (Get)

Experience wise Magna Steyr Graduate Engineer Trainee (Get) salaries

Similar Designation salaries in Magna Steyr

Salary related reviews for Magna Steyr

Design Engineer in Pune

Team Manager in Bavdhan, Pune

Engineer in Pune

Magna Steyr Graduate Engineer Trainee (Get) Salary FAQs

Tell us how to improve this page.