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Magna Steyr

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4.2

based on 108 Reviews

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Magna Steyr Senior Mechanical Design Engineer salaries in India

Annual salary range
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₹7.5 Lakhs - ₹9.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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Last Updated: 6 Mar 2023

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Senior Mechanical Design Engineer salary at Magna Steyr ranges between ₹7.5 Lakhs to ₹9.6 Lakhs per year for employees with 8 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Magna Steyr.

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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.

read more
  • 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.

read more
  • 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

read more
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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
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 Mechanical Design Engineer Salary FAQs

How the salary growth look like for a Senior Mechanical Design Engineer at Magna Steyr in India?
The salary growth for a Senior Mechanical Design Engineer at Magna Steyr depends on factors such as experience, performance, and promotions. On average, a Senior Mechanical Design Engineer can expect the following growth trajectory at Magna Steyr:

Experience Average Salary Range
8 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
and so on.

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Magna Steyr Senior Mechanical Design Engineer salary in India ranges between ₹7.5 Lakhs to ₹9.6 Lakhs. This is an estimate based on latest salaries received from employees of Magna Steyr.