Magna Steyr Pune Lead Engineer Salaries by 20+ Employees (Updated 2025)

8 - 13 years exp.

₹12.7 Lakhs - ₹22 Lakhs

Salary of majority employees

27% 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. (18 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: 18 Jan 2025

Companies similar to Magna Steyr for Lead Engineer in Pune

Magna Steyr Lead Engineer Salary

8 - 13 years exp. (25 salaries)

₹12.7 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Lead Engineer Salary 6 - 9 years exp. (3 salaries)	₹11.7 L/yr - ₹19.1 L/yr 2% less
Mahindra & Mahindra Lead Engineer Salary 2 - 17 years exp. (64 salaries)	₹9.7 L/yr - ₹27 L/yr 12% more	2 job openings
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Bajaj Auto Lead Engineer Salary 10 - 15 years exp. (6 salaries)	₹8 L/yr - ₹25.1 L/yr 25% less
Plastic Omnium Lead Engineer Salary 7 - 10 years exp. (6 salaries)	₹11.5 L/yr - ₹17.8 L/yr 20% less
Jaguar Land Rover Lead Engineer Salary 11 - 15 years exp. (4 salaries)	₹15.5 L/yr - ₹21 L/yr 6% more

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 25 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Lead Engineer salaries in Pune

Last Updated: 18 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.6 L/yr
9 years (4 salaries)	₹15 L/yr - ₹19 L/yr
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10 years (6 salaries)	₹12.7 L/yr - ₹19 L/yr
11 years (6 salaries)	₹13.6 L/yr - ₹22 L/yr
12 years (3 salaries)	₹15.5 L/yr - ₹20.6 L/yr
13 years (4 salaries)	₹14 L/yr - ₹22 L/yr

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Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(26 salaries)

₹8.5 L/yr - ₹27 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

3.3

Rated by 2 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.

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.

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

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 Lead Engineer Salary FAQs

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

Lead Engineer salary at Magna Steyr in Pune ranges between ₹12.7 Lakhs to ₹22.0 Lakhs for experience between 8 years to 13 years. According to our estimates it is 27% more than the average Lead Engineer Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Magna Steyr Pune.

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

The average salary of a Lead Engineer at Magna Steyr is 27% more than the average salary of a Lead Engineer in Pune. To know exact salary insights, login to view.

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

Mahindra & Mahindra Lead Engineer Salary - ₹9.7 Lakhs to ₹27.0 Lakhs per year
Jaguar Land Rover Lead Engineer Salary - ₹15.5 Lakhs to ₹21.0 Lakhs per year

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

Tata Motors Lead Engineer Salary - ₹11.7 Lakhs to ₹19.1 Lakhs per year
Plastic Omnium Lead Engineer Salary - ₹11.5 Lakhs to ₹17.8 Lakhs per year
Bajaj Auto Lead Engineer Salary - ₹8.0 Lakhs to ₹25.1 Lakhs per year

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

The estimated take-home salary of a Lead Engineer at Magna Steyr ranges between ₹1,17,158 per month to ₹1,20,433 per month in Pune. 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 in Pune?

According to AmbitionBox, 71% of the Magna Steyr Lead Engineers in Pune 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 in Pune

Magna Steyr Lead Engineer salary in Pune ranges between ₹12.7 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Magna Steyr latest salaries received from various employees of Magna Steyr.