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Magna Steyr

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4.2

based on 106 Reviews

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Magna Steyr Graduate Engineer Trainee (Get) salaries in Pune

Annual salary range
0 - 1 year exp.
₹3.2 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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9% less than 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)
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₹3.6 L/yr - ₹3.8 L/yr

Research & Development
Graduate Engineer Trainee (Get) Salary
Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹3.8 L/yr

Last Updated: 7 Nov 2024

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

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Magna Steyr Graduate Engineer Trainee (Get) Salary

0 - 1 year exp. (9 salaries)
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₹3.2 L/yr - ₹3.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Fukoku Graduate Engineer Trainee (Get) Salary

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₹1.5 L/yr - ₹3 L/yr

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Plastic Omnium Graduate Engineer Trainee (Get) Salary

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₹2.1 L/yr - ₹2.8 L/yr

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Applus IDIADA Graduate Engineer Trainee (Get) Salary

0 - 1 year exp. (4 salaries)
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₹4 L/yr - ₹5 L/yr

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Benteler Automotive Graduate Engineer Trainee (Get) Salary

1 - 2 years exp. (4 salaries)
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₹1.7 L/yr - ₹2.2 L/yr

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General Motors Graduate Engineer Trainee (Get) Salary

0 - 1 year exp. (3 salaries)
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₹2.5 L/yr - ₹6 L/yr

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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 9 latest salaries received from various employees of Magna Steyr.

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

4mo ago
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1 year exp.
7mo ago
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1 year exp.
11mo ago
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8 months exp.
1y ago
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1 year exp.

Experience wise Magna Steyr Graduate Engineer Trainee (Get) salaries in Pune

Last Updated: 7 Nov 2024

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹3.3 L/yr - ₹3.8 L/yr
1 year  (4 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

Similar Designation salaries in Magna Steyr

Manager – Electrical Salary
(3 salaries)
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₹16 L/yr - ₹28.5 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.

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

read more
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Shifting from Bangalore to Hyderabad
I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts
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Magna Steyr Graduate Engineer Trainee (Get) Salary FAQs

What is the salary of Graduate Engineer Trainee (Get) at Magna Steyr in Pune?
The average salary of a Graduate Engineer Trainee (Get) at Magna Steyr in Pune 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) in Pune 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 9 Magna Steyr employees in India.
What is the estimated take home salary of a Graduate Engineer Trainee (Get) at Magna Steyr in Pune?
The estimated take-home salary of a Graduate Engineer Trainee (Get) at Magna Steyr in Pune typically ranges from ₹26,528 to ₹27,944 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 9 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?
General Motors ₹2.5 Lakhs to ₹6.0 Lakhs per year
Applus IDIADA ₹4.0 Lakhs to ₹5.0 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 Pune?
The salary of a Graduate Engineer Trainee (Get) at companies similar to Magna Steyr in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Plastic Omnium ₹2.1 Lakhs to ₹2.8 Lakhs per year
Fukoku ₹1.5 Lakhs to ₹3.0 Lakhs per year
Benteler Automotive ₹1.7 Lakhs to ₹2.2 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 Pune?
The salary growth for a Graduate Engineer Trainee (Get) at Magna Steyr in Pune depends on factors such as experience, performance, and promotions. On average, a Graduate Engineer Trainee (Get) in Pune can expect the following growth trajectory at Magna Steyr:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹3.8 Lakhs per year
1 year ₹3.2 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

Magna Steyr Graduate Engineer Trainee (Get) salary in Pune ranges between ₹3.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Magna Steyr latest salaries received from various employees of Magna Steyr.