Magna Steyr Senior Leader Engineer Salaries by 10+ Employees (Updated 2025)

11 - 20 years exp.

₹13 Lakhs - ₹37 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% more than the average Senior Leader Engineer Salary in Automobile Companies for 11 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Senior Leader Engineer Salary 11 - 20 years exp. (7 salaries)	₹13.4 L/yr - ₹37 L/yr
Research & Development Senior Leader Engineer Salary 13 - 16 years exp. (4 salaries)	₹16 L/yr - ₹30 L/yr
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Production, Manufacturing & Engineering Senior Leader Engineer Salary 13 - 15 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹27.9 L/yr

Last Updated: 6 Apr 2025

Companies similar to Magna Steyr for Senior Leader Engineer

Company name	Avg Annual Salary	Open Jobs
General Motors Senior Leader Engineer Salary 7 - 22 years exp. (5 salaries)	₹24 L/yr - ₹27.5 L/yr 9% less
Ford Motor Senior Leader Engineer Salary 9 - 15 years exp. (5 salaries)	₹15.2 L/yr - ₹19.5 L/yr 40% less
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Volvo Senior Leader Engineer Salary 11 - 13 years exp. (3 salaries)	₹22 L/yr - ₹24 L/yr 17% less
FIS Senior Leader Engineer Salary 7 - 14 years exp. (697 salaries)	₹9.9 L/yr - ₹30.5 L/yr 20% less	1 job opening
Qualcomm Senior Leader Engineer Salary 5 - 12 years exp. (447 salaries)	₹20 L/yr - ₹72 L/yr 60% more	17 job openings

Senior Leader Engineer salary at Magna Steyr ranges between ₹13 Lakhs to ₹37 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 13 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Senior Leader Engineer

2d ago

₹24 Lakhs

16 years exp.

2w ago

₹30.3 Lakhs

11 years exp.

3w ago

₹30 Lakhs

13 years exp.

6mo ago

₹22.3 Lakhs

15 years exp.

8mo ago

₹36 Lakhs

16 years exp.

1y ago

13 years exp.

1y ago

15 years exp.

1y ago

16 years exp.

1y ago

15 years exp.

Experience wise Magna Steyr Senior Leader Engineer salaries

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹22.4 L/yr - ₹28.6 L/yr
12 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.2 L/yr
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13 years (4 salaries)	₹15 L/yr - ₹30 L/yr
14 years (AmbitionBox Estimate)	₹23.8 L/yr - ₹30.5 L/yr
15+ years (7 salaries)	₹18.5 L/yr - ₹37 L/yr

Similar Designation salaries in Magna Steyr

Senior Engineer Salary

(34 salaries)

₹12 L/yr - ₹27 L/yr

Associate Engineer Salary

(27 salaries)

₹3.8 L/yr - ₹6.85 L/yr

Team Lead Salary

(9 salaries)

₹13.2 L/yr - ₹18 L/yr

Senior Team Leader Salary

(6 salaries)

₹10 L/yr - ₹21 L/yr

Senior Analyst Salary

(5 salaries)

₹10.35 L/yr - ₹14.5 L/yr

Contract Engineer Salary

(4 salaries)

₹5.3 L/yr - ₹6.2 L/yr

Lead Analyst Salary

(4 salaries)

₹15 L/yr - ₹19 L/yr

Program Manager Salary

(4 salaries)

₹18 L/yr - ₹22.3 L/yr

Analyst Salary

(4 salaries)

₹5.25 L/yr - ₹7 L/yr

Section Manager Salary

(3 salaries)

₹4.2 L/yr - ₹16 L/yr

Salary related reviews for Magna Steyr

4.0

Rated by 1 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Magna Steyr Senior Leader Engineer Salary FAQs

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

The average salary of a Senior Leader Engineer at Magna Steyr in India typically ranges from ₹13.0 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Senior Leader Engineer at Magna Steyr earn more than ₹36.2 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Senior Leader 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 10+ Magna Steyr employees in India.

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

The estimated take-home salary of a Senior Leader Engineer at Magna Steyr in India typically ranges from ₹1,70,586 to ₹1,77,162 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 10+ 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 Leader Engineer in India?

Qualcomm

₹20.0 Lakhs to ₹72.0 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 Senior Leader Engineer in companies similar to Magna Steyr in India?

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

General Motors	₹24.0 Lakhs to ₹27.5 Lakhs per year
Volvo	₹22.0 Lakhs to ₹24.0 Lakhs per year
FIS	₹9.9 Lakhs to ₹30.5 Lakhs per year
Ford Motor	₹15.2 Lakhs to ₹19.5 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 Leader Engineer at Magna Steyr in India?

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

Experience	Average Salary Range
11 years	₹22.4 Lakhs to ₹28.6 Lakhs per year
12 years	₹22.9 Lakhs to ₹29.2 Lakhs per year
13 years	₹15.0 Lakhs to ₹30.0 Lakhs per year
14 years	₹23.8 Lakhs to ₹30.5 Lakhs per year

and so on.

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Magna Steyr Senior Leader Engineer Salaries

Magna Steyr Senior Leader Engineer salary in India ranges between ₹13 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Magna Steyr latest salaries received from various employees of Magna Steyr.