Magna Steyr Lead Engineer Salaries by 30+ Employees (Updated 2025)

8 - 13 years exp.

₹12.7 Lakhs - ₹22 Lakhs

Salary of majority employees

9% more than the average Lead Engineer Salary in Automobile Companies for 8 - 13 years of experience

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Salaries in different departments

Research & Development Lead Engineer Salary 8 - 13 years exp. (22 salaries)	₹12.7 L/yr - ₹20.6 L/yr
Engineering - Software & QA Lead Engineer Salary 11 - 13 years exp. (4 salaries)	₹14 L/yr - ₹22 L/yr
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UX, Design & Architecture Lead Engineer Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹17.5 L/yr - ₹20.5 L/yr

Last Updated: 23 Jan 2025

Companies similar to Magna Steyr for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Lead Engineer Salary 6 - 12 years exp. (9 salaries)	₹11.7 L/yr - ₹22 L/yr 3% less
Mahindra & Mahindra Lead Engineer Salary 2 - 17 years exp. (660 salaries)	₹9 L/yr - ₹27.8 L/yr 5% more
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Ashok Leyland Lead Engineer Salary 9 - 21 years exp. (7 salaries)	₹6.6 L/yr - ₹9 L/yr 51% less
Maruti Suzuki Lead Engineer Salary 4 - 6 years exp. (3 salaries)	₹8.6 L/yr - ₹14.2 L/yr 39% less
Bajaj Auto Lead Engineer Salary 10 - 15 years exp. (6 salaries)	₹8 L/yr - ₹19.9 L/yr 25% less
TVS Motor Lead Engineer Salary 9 - 11 years exp. (4 salaries)	₹35.5 L/yr - ₹42.5 L/yr 129% more
Force Motors Lead Engineer Salary 6 - 12 years exp. (3 salaries)	₹5 L/yr - ₹5.3 L/yr 71% less
Ford Motor Lead Engineer Salary 6 - 17 years exp. (157 salaries)	₹10.5 L/yr - ₹31 L/yr 16% more
General Motors Lead Engineer Salary 6 - 16 years exp. (45 salaries)	₹11 L/yr - ₹23.3 L/yr 3% less	4 job openings
Volvo Lead Engineer Salary 4 - 15 years exp. (30 salaries)	₹8.5 L/yr - ₹29.3 L/yr 6% more
Jaguar Land Rover Lead Engineer Salary 7 - 15 years exp. (14 salaries)	₹13 L/yr - ₹50.8 L/yr 64% more
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CNH Industrial Lead Engineer Salary 10 - 13 years exp. (7 salaries)	₹18 L/yr - ₹28.4 L/yr 30% more
Plastic Omnium Lead Engineer Salary 7 - 10 years exp. (6 salaries)	₹11.5 L/yr - ₹17.8 L/yr 20% less
Rolls-Royce Lead Engineer Salary 7 - 10 years exp. (4 salaries)	₹14.5 L/yr - ₹24 L/yr 10% more
Hyundai Motor India Limited Lead Engineer Salary 9 - 10 years exp. (3 salaries)	₹9 L/yr - ₹27 L/yr 13% less

Lead Engineer salary at Magna Steyr ranges between ₹12.7 Lakhs to ₹22 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 31 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Lead Engineer salaries

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
8 years (3 salaries)	₹15 L/yr - ₹30.5 L/yr
9 years (5 salaries)	₹15 L/yr - ₹19 L/yr
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10 years (6 salaries)	₹12.7 L/yr - ₹19 L/yr
11 years (7 salaries)	₹13.6 L/yr - ₹22 L/yr
12 years (4 salaries)	₹15.5 L/yr - ₹20.6 L/yr
13 years (6 salaries)	₹14 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(35 salaries)

₹8.5 L/yr - ₹27 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Software Engineer Salary

(5 salaries)

₹4 L/yr - ₹21.5 L/yr

Team Lead Salary

(13 salaries)

₹13.2 L/yr - ₹19.27 L/yr

Technical Lead Salary

(4 salaries)

₹16.5 L/yr - ₹24 L/yr

Senior Software Engineer Salary

(5 salaries)

₹15.95 L/yr - ₹29.6 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.6 L/yr

Software Developer Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Salary related reviews for Magna Steyr

3.6

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

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Magna Steyr Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Magna Steyr?

Lead Engineer salary at Magna Steyr in India ranges between ₹12.7 Lakhs to ₹22.0 Lakhs for experience between 8 years to 13 years. According to our estimates it is 9% more than the average Lead Engineer Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Magna Steyr India.

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

The average salary of a Lead Engineer at Magna Steyr is 9% more than the average salary of a Lead Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magna Steyr to a Lead Engineer in India?

TVS Motor Lead Engineer Salary - ₹35.5 Lakhs to ₹42.5 Lakhs per year
Jaguar Land Rover Lead Engineer Salary - ₹13.0 Lakhs to ₹50.8 Lakhs per year
CNH Industrial Lead Engineer Salary - ₹18.0 Lakhs to ₹28.4 Lakhs per year
Ford Motor Lead Engineer Salary - ₹10.5 Lakhs to ₹31.0 Lakhs per year
Rolls-Royce Lead Engineer Salary - ₹14.5 Lakhs to ₹24.0 Lakhs per year

What is the salary of a Lead Engineer in companies similar to Magna Steyr in India?

Volvo Lead Engineer Salary - ₹8.5 Lakhs to ₹29.3 Lakhs per year
Mahindra & Mahindra Lead Engineer Salary - ₹9.0 Lakhs to ₹27.8 Lakhs per year
Tata Motors Lead Engineer Salary - ₹11.7 Lakhs to ₹22.0 Lakhs per year
General Motors Lead Engineer Salary - ₹11.0 Lakhs to ₹23.3 Lakhs per year
Hyundai Motor India Limited Lead Engineer Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year

What is the estimated take home salary of a Lead Engineer at Magna Steyr in India?

The estimated take-home salary of a Lead Engineer at Magna Steyr ranges between ₹1,16,914 per month to ₹1,20,182 per month in India. The take-home salary calculation is based on the average Magna Steyr Lead Engineer salary in India which ranges between ₹12.7 Lakhs to ₹22.0 Lakhs per year for employees with experience between 8 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Lead Engineer at Magna Steyr?

According to AmbitionBox, 71% of the Magna Steyr Lead Engineers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Magna Steyr Lead Engineer Salaries

Magna Steyr Lead Engineer salary in India ranges between ₹12.7 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Magna Steyr latest salaries received from various employees of Magna Steyr.