Magna Steyr Pune Verification & Validation Engineer Salaries by 5 Employees (Updated 2024)

2 - 7 years exp.

₹6.5 Lakhs - ₹8 Lakhs

Salary of majority employees

13% more than the average Verification & Validation Engineer Salary in Automobile Companies for 2 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Verification & Validation Engineer Salary 2 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8 L/yr
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Research & Development Verification & Validation Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 27 Oct 2023

Companies similar to Magna Steyr for Verification & Validation Engineer in Pune

Magna Steyr Verification & Validation Engineer Salary

2 - 7 years exp. (5 salaries)

₹6.5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
Force Motors Verification & Validation Engineer Salary 2 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹8.5 L/yr 26% less
Emerson Electric Co. Verification & Validation Engineer Salary 2 - 6 years exp. (31 salaries)	₹4.5 L/yr - ₹9.5 L/yr 4% more
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Tata Elxsi Verification & Validation Engineer Salary 1 - 4 years exp. (16 salaries)	₹3.5 L/yr - ₹8 L/yr 20% less
Expleo Group Verification & Validation Engineer Salary 3 - 6 years exp. (9 salaries)	₹4.8 L/yr - ₹6.5 L/yr 20% less
KPIT Technologies Verification & Validation Engineer Salary 1 - 6 years exp. (7 salaries)	₹5.6 L/yr - ₹11 L/yr 23% more

Verification & Validation Engineer salary at Magna Steyr ranges between ₹6.5 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Magna Steyr.

Experience wise Magna Steyr Verification & Validation Engineer salaries in Pune

Last Updated: 27 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
3 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Magna Steyr

Lead Engineer Salary

(25 salaries)

₹12.7 L/yr - ₹22 L/yr

Senior Software Engineer Salary

(5 salaries)

₹15.95 L/yr - ₹29.6 L/yr

Validation Engineer Salary

(4 salaries)

₹4.8 L/yr - ₹5 L/yr

Softwaretest Engineer Salary

(3 salaries)

₹5.1 L/yr - ₹14.3 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.

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

see more salary related reviews

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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 Verification & Validation Engineer Salary FAQs

What is the salary of Verification & Validation Engineer at Magna Steyr Pune?

Verification & Validation Engineer salary at Magna Steyr in Pune ranges between ₹6.5 Lakhs to ₹8.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 13% more than the average Verification & Validation Engineer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Magna Steyr Pune.

How does the salary of a Verification & Validation Engineer at Magna Steyr Pune compare with the average salary range for this job?

The average salary of a Verification & Validation Engineer at Magna Steyr is 13% more than the average salary of a Verification & Validation Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Magna Steyr to a Verification & Validation Engineer in Pune?

KPIT Technologies Verification & Validation Engineer Salary - ₹5.6 Lakhs to ₹11.0 Lakhs per year
Emerson Electric Co. Verification & Validation Engineer Salary - ₹4.5 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Verification & Validation Engineer in companies similar to Magna Steyr in Pune?

Tata Elxsi Verification & Validation Engineer Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Expleo Group Verification & Validation Engineer Salary - ₹4.8 Lakhs to ₹6.5 Lakhs per year
Force Motors Verification & Validation Engineer Salary - ₹3.9 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Verification & Validation Engineer at Magna Steyr in Pune?

The estimated take-home salary of a Verification & Validation Engineer at Magna Steyr ranges between ₹54,415 per month to ₹55,774 per month in Pune. The take-home salary calculation is based on the average Magna Steyr Verification & Validation Engineer salary in India which ranges between ₹6.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Verification & Validation Engineer at Magna Steyr in Pune?

According to AmbitionBox, 100% of the Magna Steyr Verification & Validation Engineers in Pune reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Magna Steyr Verification & Validation Engineer Salaries in Pune

Magna Steyr Verification & Validation Engineer salary in Pune ranges between ₹6.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Magna Steyr latest salaries received from various employees of Magna Steyr.