Magna Steyr Salaries by 800+ Employees (Updated 2025)

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Research & Development Engineering - Software & QA Production, Manufacturing & Engineering Human Resources + 6 more

Designation	Avg Annual Salary	Open Jobs
Design & Development Engineer 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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Manager Learning & Development 16 years exp. (AmbitionBox Estimate)	₹20.8 L/yr - ₹26.5 L/yr
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Associate Analyst 2 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Embedded Testing Engineer 6 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
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Senior Mechanical Design Engineer 8 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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Department Manager 12 years exp. (AmbitionBox Estimate)	₹24.3 L/yr - ₹31 L/yr
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Lead Developer Fresher (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.5 L/yr
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Senior Lead Analyst 16 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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Post Graduate Engineer Trainee [pget] Experience: NA (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Embedded Engineer 3 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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Senior Lead 13 years exp. (AmbitionBox Estimate)	₹23.4 L/yr - ₹29.9 L/yr
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Senior Associate Engineer 2 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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Department Head 20 years exp. (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
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Embedded Software Developer Experience: NA (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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CAD Design Engineer 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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Automation Engineer 6 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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IT Engineer 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Senior Instrument Engineer 11 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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Senior NPD Engineer 7 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Trainee Design Engineer Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Salary related reviews for Magna Steyr

3.8

Rated by 106 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

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Magna Steyr interview questions by designations

Design Engineer (3)Software Engineer (1)Senior Design Engineer (1)

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Magna Steyr Salary FAQs

How much does Magna Steyr pay to its employees?

The average annual salary at Magna Steyr varies depending on the role, experience, and location. The salary ranges for some popular designations at Magna Steyr, are as follows:

Design & Development Engineer	₹2.9 Lakhs to ₹3.7 Lakhs per year
Manager Learning & Development	₹20.8 Lakhs to ₹26.5 Lakhs per year
Associate Analyst	₹4.7 Lakhs to ₹6 Lakhs per year
Embedded Testing Engineer	₹20.7 Lakhs to ₹26.5 Lakhs per year

The highest-paying role, Senior Leader Engineer, earns between ₹13 Lakhs to ₹37 Lakhs per year. The top 10% of employees earn more than ₹20 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. 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 salary estimates are based on data from 829 salaries submitted by Magna Steyr employees. Magna Steyr is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Magna Steyr in India?

The salary of a fresher at Magna Steyr in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Graduate Engineer Trainee (Get) Salary	₹3.2 Lakhs to ₹3.8 Lakhs per year
Fresher as a Graduate Trainee Salary	₹3.4 Lakhs to ₹4.3 Lakhs per year
Fresher as a Software Developer Intern Salary	₹0.9 Lakhs to ₹1.2 Lakhs per year
Fresher as a Lead Developer Salary	₹11.3 Lakhs to ₹14.5 Lakhs per year

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Magna Steyr Salaries by Location

Average annual salary in Magna Steyr is INR . Salary estimates are based on 800+ Magna Steyr latest salaries received from various employees of Magna Steyr.