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Magna Steyr

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4.3

based on 98 Reviews

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Magna Steyr Senior Product Design Engineer salaries in India

Annual salary range
11 - 13 years exp.
₹12.3 Lakhs - ₹14 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.
Salary of majority employees
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14% less than the average Senior Product Design Engineer Salary in Automobile Companies for 11 - 13 years of experience

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Last Updated: 13 Mar 2023

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Senior Product Design Engineer salary at Magna Steyr ranges between ₹12.3 Lakhs to ₹14 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Magna Steyr.

Latest annual salaries shared by Magna Steyr Senior Product Design Engineer

1y ago
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13 years exp.
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12 years exp.
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11 years exp.

Experience wise Magna Steyr Senior Product Design Engineer salaries

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.1 L/yr
12 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.2 L/yr
13 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

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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

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

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

read more
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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 Product Design Engineer salary in India ranges between ₹12.3 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Magna Steyr latest salaries received from various employees of Magna Steyr.