Magna Steyr Senior CAE Engineer Salaries by 6 Employees

6 - 9 years exp.

₹9 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Senior CAE Engineer Salary in Automobile Companies for 6 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Senior CAE Engineer Salary 8 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.3 L/yr
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Research & Development Senior CAE Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 22 Jul 2024

Companies similar to Magna Steyr for Senior CAE Engineer

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior CAE Engineer Salary 0 - 9 years exp. (12 salaries)	₹7 L/yr - ₹13.9 L/yr 2% more
Mahindra & Mahindra Senior CAE Engineer Salary 2 - 5 years exp. (20 salaries)	₹7.9 L/yr - ₹16 L/yr 14% more
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Bajaj Auto Senior CAE Engineer Salary 6 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹12 L/yr 9% less
Hero MotoCorp Senior CAE Engineer Salary 7 - 9 years exp. (4 salaries)	₹13.5 L/yr - ₹22 L/yr 48% more
Ford Motor Senior CAE Engineer Salary 3 - 9 years exp. (9 salaries)	₹5.4 L/yr - ₹14 L/yr 1% less
General Motors Senior CAE Engineer Salary 2 - 10 years exp. (7 salaries)	₹8.8 L/yr - ₹13.5 L/yr 3% more
Volvo Senior CAE Engineer Salary 6 - 14 years exp. (4 salaries)	₹10 L/yr - ₹55 L/yr 144% more
Applus IDIADA Senior CAE Engineer Salary 6 - 9 years exp. (4 salaries)	₹8 L/yr - ₹12.5 L/yr 20% less
Polaris Senior CAE Engineer Salary 6 - 15 years exp. (3 salaries)	₹20 L/yr - ₹25 L/yr 91% more

Senior CAE Engineer salary at Magna Steyr ranges between ₹9 Lakhs to ₹12.3 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Senior CAE Engineer salaries

Last Updated: 22 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.6 L/yr
7 years (3 salaries)	₹9 L/yr - ₹12.3 L/yr
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8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹22.1 L/yr

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(35 salaries)

₹12 L/yr - ₹27 L/yr

Senior Design Engineer Salary

(109 salaries)

₹7.15 L/yr - ₹18.5 L/yr

Senior Software Engineer Salary

(5 salaries)

₹15.95 L/yr - ₹29.6 L/yr

Design Engineer Salary

(214 salaries)

₹4.2 L/yr - ₹16 L/yr

Lead Engineer Salary

(32 salaries)

₹12.7 L/yr - ₹22 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹9.1 L/yr - ₹11.6 L/yr

Lead Design Engineer Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Product Design Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹8 L/yr

Electrical Design Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Technical Lead Salary

(4 salaries)

₹16.5 L/yr - ₹24 L/yr

Salary related reviews for Magna Steyr

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

see more salary related reviews

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Magna Steyr Senior CAE Engineer Salary FAQs

What is the salary of Senior CAE Engineer at Magna Steyr ?

The average salary of a Senior CAE Engineer at Magna Steyr in India typically ranges from ₹9.0 Lakhs to ₹12.3 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Senior CAE Engineer at Magna Steyr earn more than ₹12.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior CAE Engineer 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 6 Magna Steyr employees in India.

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

The estimated take-home salary of a Senior CAE Engineer at Magna Steyr in India typically ranges from ₹81,058 to ₹83,171 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹12.3 Lakhs per year for employees with experience ranging from 6 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 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 Senior CAE Engineer in India?

Volvo	₹10.0 Lakhs to ₹55.0 Lakhs per year
Polaris	₹20.0 Lakhs to ₹25.0 Lakhs per year
Hero MotoCorp	₹13.5 Lakhs to ₹22.0 Lakhs per year
Mahindra & Mahindra	₹7.9 Lakhs to ₹16.0 Lakhs per year
General Motors	₹8.8 Lakhs to ₹13.5 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 Senior CAE Engineer in companies similar to Magna Steyr in India?

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

Tata Motors	₹7.0 Lakhs to ₹13.9 Lakhs per year
Ford Motor	₹5.4 Lakhs to ₹14.0 Lakhs per year
Bajaj Auto	₹8.7 Lakhs to ₹12.0 Lakhs per year
Applus IDIADA	₹8.0 Lakhs to ₹12.5 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 Senior CAE Engineer at Magna Steyr in India?

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

Experience	Average Salary Range
6 years	₹10.0 Lakhs to ₹18.6 Lakhs per year
7 years	₹9.0 Lakhs to ₹12.3 Lakhs per year
8 years	₹4.7 Lakhs to ₹12.1 Lakhs per year
9 years	₹12.1 Lakhs to ₹22.1 Lakhs per year

and so on.

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Magna Steyr Senior CAE Engineer Salaries

Magna Steyr Senior CAE Engineer salary in India ranges between ₹9 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magna Steyr latest salaries received from various employees of Magna Steyr.