Magna Steyr Pune Senior Design Engineer Salaries by 100+ Employees (Updated 2024)

7 - 10 years exp.

₹7.2 Lakhs - ₹18.5 Lakhs

Salary of majority employees

55% more than the average Senior Design Engineer Salary in Automobile Companies for 7 - 10 years of experience

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Salaries in different departments

Research & Development Senior Design Engineer Salary 7 - 10 years exp. (87 salaries)	₹7.2 L/yr - ₹16.6 L/yr
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Production, Manufacturing & Engineering Senior Design Engineer Salary 7 - 10 years exp. (9 salaries)	₹9 L/yr - ₹18.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to Magna Steyr for Senior Design Engineer in Pune

Magna Steyr Senior Design Engineer Salary

7 - 10 years exp. (103 salaries)

₹7.2 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Motors Senior Design Engineer Salary 3 - 9 years exp. (105 salaries)	₹5.3 L/yr - ₹14.8 L/yr 30% less
Mahindra & Mahindra Senior Design Engineer Salary 4 - 10 years exp. (28 salaries)	₹5.5 L/yr - ₹18.5 L/yr 23% less
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Bajaj Auto Senior Design Engineer Salary 6 - 16 years exp. (20 salaries)	₹6.7 L/yr - ₹13 L/yr 23% less
Force Motors Senior Design Engineer Salary 2 - 10 years exp. (76 salaries)	₹3.5 L/yr - ₹10.5 L/yr 51% less
ANTOLIN Senior Design Engineer Salary 5 - 10 years exp. (26 salaries)	₹6 L/yr - ₹13.3 L/yr 27% less
Plastic Omnium Senior Design Engineer Salary 6 - 10 years exp. (12 salaries)	₹8.6 L/yr - ₹12.1 L/yr 24% less
Rolls-Royce Senior Design Engineer Salary 5 - 16 years exp. (10 salaries)	₹8.7 L/yr - ₹17 L/yr 15% less
Ford Motor Senior Design Engineer Salary 5 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹11.7 L/yr 45% less
MAHLE Engine Components Senior Design Engineer Salary 6 - 9 years exp. (4 salaries)	₹8.1 L/yr - ₹13 L/yr 20% less
MAN Truck & Bus Senior Design Engineer Salary 4 - 5 years exp. (3 salaries)	₹6 L/yr - ₹8.3 L/yr 48% less

Senior Design Engineer salary at Magna Steyr ranges between ₹7.2 Lakhs to ₹18.5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 103 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Senior Design Engineer salaries in Pune

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
7 years (21 salaries)	₹7.2 L/yr - ₹14.6 L/yr
8 years (35 salaries)	₹7.3 L/yr - ₹16.2 L/yr
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9 years (23 salaries)	₹7.3 L/yr - ₹16.6 L/yr
10 years (24 salaries)	₹9 L/yr - ₹18.5 L/yr

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Salary related reviews for Magna Steyr

4.3

Rated by 15 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.

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Magna Steyr Senior Design Engineer Salary FAQs

What is the salary of Senior Design Engineer at Magna Steyr Pune?

Senior Design Engineer salary at Magna Steyr in Pune ranges between ₹7.2 Lakhs to ₹18.5 Lakhs for experience between 7 years to 10 years. According to our estimates it is 55% more than the average Senior Design Engineer Salary in India. Salary estimates are based on 103 latest salaries received from various employees of Magna Steyr Pune.

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

The average salary of a Senior Design Engineer at Magna Steyr is 55% more than the average salary of a Senior Design Engineer in Pune. To know exact salary insights, login to view.

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

Rolls-Royce Senior Design Engineer Salary - ₹8.7 Lakhs to ₹17.0 Lakhs per year
MAHLE Engine Components Senior Design Engineer Salary - ₹8.1 Lakhs to ₹13.0 Lakhs per year
Bajaj Auto Senior Design Engineer Salary - ₹6.7 Lakhs to ₹13.0 Lakhs per year
Mahindra & Mahindra Senior Design Engineer Salary - ₹5.5 Lakhs to ₹18.5 Lakhs per year
Plastic Omnium Senior Design Engineer Salary - ₹8.6 Lakhs to ₹12.1 Lakhs per year

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

The estimated take-home salary of a Senior Design Engineer at Magna Steyr ranges between ₹97,928 per month to ₹1,00,583 per month in Pune. The take-home salary calculation is based on the average Magna Steyr Senior Design Engineer salary in India which ranges between ₹7.2 Lakhs to ₹18.5 Lakhs per year for employees with experience between 7 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Senior Design Engineer at Magna Steyr in Pune?

According to AmbitionBox, 86% of the Magna Steyr Senior Design Engineers in Pune reported a notice period of 3 Months, 7% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 73 responses on AmbitionBox in last 2 years.

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Magna Steyr Senior Design Engineer Salaries in Pune

Magna Steyr Senior Design Engineer salary in Pune ranges between ₹7.2 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 103 Magna Steyr latest salaries received from various employees of Magna Steyr.